| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.56% |
| NAV | ₹10.12 (29 Oct 2020) |
|---|---|
| Fund Started | 15 Jul 2014 |
| Fund Size | ₹566 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Essel Mining Industries Ltd. | Energy | Debenture | 6.2% |
| Embassy Office Parks REIT | Construction | NCD | 5.6% |
| Bahadur Chand Investments Pvt. Ltd. | Financial | ZCB | 5.3% |
| India Grid Trust | Engineering | Debenture | 4.5% |
| Magma Fincorp Ltd. | Financial | Debenture | 4.5% |
| Nirma Ltd. | FMCG | NCD | 4.3% |
| Narmada Wind Energy Pvt. Ltd. | Energy | Debenture | 4.1% |
| Tata Steel Ltd. | Metals | Debenture | 3.6% |
| Northern ARC Capital Ltd. | Financial | Debenture | 3.6% |
| PVR Ltd. | Services | Debenture | 3.5% |
Axis Credit Risk Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 15 Jul 2014. Devang Shah is the Current Fund Manager of Axis Credit Risk Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹566 Cr and the Latest NAV as of 29 Oct 2020 is ₹10.12.
The Axis Credit Risk Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
The scheme seeks to generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum.