Fund Details
Axis Credit Risk Fund Regular Dividend Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.67% |
| NAV | ₹10.19 (27 Nov 2020) |
|---|---|
| Fund Started | 15 Jul 2014 |
| Fund Size | ₹557 Cr |
Returns
as per Historical Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Risk is higher compared to the benchmark
3. Higher expense ratio
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 1.67%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Essel Mining Industries Ltd. | Energy | Debenture | 6.3% |
| Embassy Office Parks REIT | Construction | NCD | 5.7% |
| Bahadur Chand Investments Pvt. Ltd. | Financial | ZCB | 5.4% |
| India Grid Trust | Engineering | Debenture | 4.7% |
| Nirma Ltd. | FMCG | NCD | 4.4% |
| Magma Fincorp Ltd. | Financial | Debenture | 4.2% |
| Narmada Wind Energy Pvt. Ltd. | Energy | Debenture | 4.2% |
| Tata Steel Ltd. | Metals | Debenture | 3.8% |
| Northern ARC Capital Ltd. | Financial | Debenture | 3.6% |
| PVR Ltd. | Services | Debenture | 3.4% |
Fund Managers
Axis Credit Risk Fund Regular Dividend Monthly Details
Axis Credit Risk Fund Regular 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 Regular Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹557 Cr and the Latest NAV as of 27 Nov 2020 is ₹10.19.
The Axis Credit Risk Fund Regular 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
Investment Objective
The scheme seeks to generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
