Fund Details
Axis Credit Risk Fund Regular Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.67% |
| NAV | ₹16.65 (23 Jul 2021) |
|---|---|
| Fund Started | 15 Jul 2014 |
| Fund Size | ₹693 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
1. Higher expense ratio - 1.67%
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Tata Steel Ltd. | Metals | Debenture | 4.4% |
| Bahadur Chand Investments Pvt. Ltd. | Financial | ZCB | 4.3% |
| GOI | Sovereign | GOI Sec | 3.9% |
| India Grid Trust | Engineering | Debenture | 3.7% |
| Flometallic India Pvt. Ltd. | Metals | NCD | 3.6% |
| Nirma Ltd. | FMCG | Perpetual Bond | 3.6% |
| Narmada Wind Energy Pvt. Ltd. | Energy | Debenture | 3.4% |
| Embassy Office Parks REIT | Construction | NCD | 3.0% |
| Godrej Industries Ltd. | Diversified | Debenture | 2.9% |
| PVR Ltd. | Services | Debenture | 2.8% |
Fund Managers
Axis Credit Risk Fund Regular Growth Details
Axis Credit Risk Fund Regular Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹693 Cr and the Latest NAV as of 23 Jul 2021 is ₹16.65.
The Axis Credit Risk Fund Regular Growth is rated High 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.
