How to Invest in Axis Credit Risk Fund Direct IDCW Monthly?

You can easily invest in Axis Credit Risk Fund Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Axis Credit Risk Fund Direct IDCW Monthly from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Axis Credit Risk Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Credit Risk Fund Direct IDCW Monthly provide?

The Axis Credit Risk Fund Direct IDCW Monthly has been there from 15 Jul 2014 and the average annual returns provided by this fund is 5.47% since its inception.

How much expense ratio is charged by Axis Credit Risk Fund Direct IDCW Monthly?

The term Expense Ratio used for Axis Credit Risk Fund Direct IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Axis Credit Risk Fund Direct IDCW Monthly is 0.81% as of 21 Mar 2023...

What is the AUM of Axis Credit Risk Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of Axis Credit Risk Fund Direct IDCW Monthly is ₹620.78Cr as of 21 Mar 2023.

How to Redeem Axis Credit Risk Fund Direct IDCW Monthly?

If you want to sell your Axis Credit Risk Fund Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Credit Risk Fund Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of Axis Credit Risk Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of Axis Credit Risk Fund Direct IDCW Monthly?

The NAV of Axis Credit Risk Fund Direct IDCW Monthly is ₹10.13 as of 20 Mar 2023.

What is the PE and PB ratio of Axis Credit Risk Fund Direct IDCW Monthly?

The PE ratio ratio of Axis Credit Risk Fund Direct IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Axis Credit Risk Fund Direct IDCW Monthly - NAV, Mutual Fund Performance & Portfolio

Axis Credit Risk Fund Direct IDCW Monthly
Debt
Credit Risk
Moderately High Risk
Payout
7.44%
3Y annualised
+0.12% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 20 Mar 2023₹10.13
Min. SIP amount₹1,000
Rating4
Fund size₹620.78Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Credit Risk
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.5%7.4%6.8%8.1%
Category average12.9%7.3%4.1%NA
Rank with in category696NA
Understand terms
Holdings (43)NameSectorInstrumentAssets
GOISovereignGOI Sec8.0%
Samvardhana Motherson International Ltd. [Merged]DiversifiedDebenture4.8%
Piramal Capital & Housing Finance Ltd. (Merged)
FinancialCP4.0%
Godrej Housing Finance Ltd.
FinancialDebenture4.0%
Bharti Enterprises Ltd.
CommunicationCP3.8%
Birla Corporation Ltd.ConstructionDebenture3.7%
Godrej Industries Ltd.
DiversifiedCP3.2%
GOI
SovereignGOI Sec3.2%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture3.2%
Sundew Properties Ltd.ConstructionDebenture3.1%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
28 Feb 2023 - Present
0.81%
31 Jan 2023 - 28 Feb 2023
0.81%
31 Dec 2022 - 31 Jan 2023
0.81%
30 Nov 2022 - 31 Dec 2022
0.81%
30 Nov 2022 - 30 Nov 2022
0.81%
31 Oct 2022 - 30 Nov 2022
0.81%
31 Oct 2022 - 31 Oct 2022
0.81%
31 Oct 2022 - 31 Oct 2022
0.81%
30 Sep 2022 - 31 Oct 2022
0.81%
30 Sep 2022 - 30 Sep 2022
0.81%
30 Sep 2022 - 30 Sep 2022
0.81%
31 Aug 2022 - 30 Sep 2022
0.81%
31 Aug 2022 - 31 Aug 2022
0.81%
31 Jul 2022 - 31 Aug 2022
0.81%
31 Jul 2022 - 31 Jul 2022
0.81%
30 Jun 2022 - 31 Jul 2022
0.81%
30 Jun 2022 - 30 Jun 2022
0.81%
31 May 2022 - 30 Jun 2022
0.81%
31 May 2022 - 31 May 2022
0.81%
30 Apr 2022 - 31 May 2022
0.81%
30 Apr 2022 - 30 Apr 2022
0.81%
31 Mar 2022 - 30 Apr 2022
0.81%
31 Mar 2022 - 31 Mar 2022
0.81%
28 Feb 2022 - 31 Mar 2022
0.81%
28 Feb 2022 - 28 Feb 2022
0.81%
31 Jan 2022 - 28 Feb 2022
0.81%
31 Dec 2021 - 31 Jan 2022
0.81%
30 Nov 2021 - 31 Dec 2021
0.81%
31 Oct 2021 - 30 Nov 2021
0.81%
30 Sep 2021 - 31 Oct 2021
0.81%
31 Aug 2021 - 30 Sep 2021
0.81%
31 Jul 2021 - 31 Aug 2021
0.74%
30 Jun 2021 - 31 Jul 2021
0.74%
31 May 2021 - 30 Jun 2021
0.62%
30 Apr 2021 - 31 May 2021
0.56%
31 Mar 2021 - 30 Apr 2021
0.56%
28 Feb 2021 - 31 Mar 2021
0.56%
31 Jan 2021 - 28 Feb 2021
0.56%
31 Dec 2020 - 31 Jan 2021
0.56%
30 Nov 2020 - 31 Dec 2020
0.56%
31 Oct 2020 - 30 Nov 2020
0.56%
30 Sep 2020 - 31 Oct 2020
0.56%
31 Aug 2020 - 30 Sep 2020
0.56%
31 Jul 2020 - 31 Aug 2020
0.56%
30 Jun 2020 - 31 Jul 2020
0.56%
31 May 2020 - 30 Jun 2020
0.57%
30 Apr 2020 - 31 May 2020
0.58%
31 Mar 2020 - 30 Apr 2020
0.58%
29 Feb 2020 - 31 Mar 2020
0.58%
31 Jan 2020 - 29 Feb 2020
0.58%
31 Dec 2019 - 31 Jan 2020
0.58%
30 Nov 2019 - 31 Dec 2019
0.57%
31 Oct 2019 - 30 Nov 2019
0.57%
30 Sep 2019 - 31 Oct 2019
0.57%
31 Aug 2019 - 30 Sep 2019
0.57%
31 Jul 2019 - 31 Aug 2019
0.57%
30 Jun 2019 - 31 Jul 2019
0.57%
31 May 2019 - 30 Jun 2019
0.57%
30 Apr 2019 - 31 May 2019
0.57%
31 Mar 2019 - 30 Apr 2019
0.58%
28 Feb 2019 - 31 Mar 2019
0.58%
31 Jan 2019 - 28 Feb 2019
0.58%
31 Dec 2018 - 31 Jan 2019
0.58%
30 Nov 2018 - 31 Dec 2018
0.58%
31 Oct 2018 - 30 Nov 2018
0.69%
30 Sep 2018 - 31 Oct 2018
0.69%
31 Aug 2018 - 30 Sep 2018
0.69%
31 Jul 2018 - 31 Aug 2018
0.69%
30 Jun 2018 - 31 Jul 2018
0.69%
31 May 2018 - 30 Jun 2018
0.30%
30 Apr 2018 - 31 May 2018
0.30%
31 Mar 2018 - 30 Apr 2018
0.30%
28 Feb 2018 - 31 Mar 2018
0.30%
31 Jan 2018 - 28 Feb 2018
0.30%
31 Dec 2017 - 31 Jan 2018
0.30%
30 Nov 2017 - 31 Dec 2017
0.30%
31 Oct 2017 - 30 Nov 2017
1.45%
Expense ratio, exit load and taxExpense ratio: 0.81%Inclusive of GST
Exit loadFor units in excess of 10% of the investment,1% will be charged for redemption within 12 months
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹100
Min. for SIP₹1,000
Fund managementDevang Shah
Jun 2014 - Present
View details
Education
Mr. Shah is B.Com and ACA.
Experience
Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
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Axis Gold Direct Plan IDCW
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Axis Regular Saver Fund Direct IDCW Yearly
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Axis Credit Risk Fund Direct IDCW Monthly
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Axis Arbitrage Fund Regular Growth
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Axis Arbitrage Fund Regular IDCW
Axis Short Term Direct Fund IDCW
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Axis Hybrid Fund Series 22 Regular Growth
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Axis Hybrid Fund Series 26 Regular IDCW
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Axis Hybrid Fund Series 30 Direct Growth
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Axis Fixed Term Plan Series 92 (154 Days) Direct Growth
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Axis Fixed Term Plan Series 96 (1124 Days) Regular Growth
Axis Fixed Term Plan Series 97 (1116 Days) Direct Growth
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Axis All Seasons Debt FoF Regular IDCW
Axis All Seasons Debt FoF Direct Growth
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Akhil Thakker
Nov 2021 - Present
View details
Also manages these schemes
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Axis Strategic Bond Fund IDCW Half Yearly
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Axis Credit Risk Fund Regular IDCW Weekly
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Axis Credit Risk Fund Direct IDCW Monthly
Axis Credit Risk Fund Regular IDCW Monthly
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Fund house & investment objective
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹2,61,160.43Cr
Date of Incorporation04 Sep 2009
 Axis Credit Risk Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Devang Shah is the Current Fund Manager of Axis Credit Risk Fund Direct IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹2,61,160 Cr and the Latest NAV as of 20 Mar 2023 is ₹10.13.
The Axis Credit Risk Fund Direct IDCW Monthly is rated Moderately High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
;
Investment ObjectiveThe scheme seeks to generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum.
;
Fund benchmarkNIFTY Credit Risk Bond Index C-III
Scheme Information Document(SID)
Fund house contact details
Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
[email protected] / [email protected]
Website
NA
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Axis Credit Risk Fund Direct IDCW Monthly
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	5.5%	7.4%	6.8%	8.1%
Category average	12.9%	7.3%	4.1%	NA
Rank with in category	6	9	6	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	8.0%
Samvardhana Motherson International Ltd. [Merged]	Diversified	Debenture	4.8%
Piramal Capital & Housing Finance Ltd. (Merged)	Financial	CP	4.0%
Godrej Housing Finance Ltd.	Financial	Debenture	4.0%
Bharti Enterprises Ltd.	Communication	CP	3.8%
Birla Corporation Ltd.	Construction	Debenture	3.7%
Godrej Industries Ltd.	Diversified	CP	3.2%
GOI	Sovereign	GOI Sec	3.2%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	3.2%
Sundew Properties Ltd.	Construction	Debenture	3.1%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹100

Rating	4
Fund size	₹620.78Cr

Axis Credit Risk Fund Direct IDCW Monthly

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (43)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.81%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Devang ShahJun 2014 - PresentView details

Akhil ThakkerNov 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Devang Shah
Jun 2014 - Present
View details

Akhil Thakker
Nov 2021 - Present
View details