Axis Credit Risk Fund Direct Growth

Debt
Credit Risk
Moderately High Risk
6.61%
3Y annualised
+0.04% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 13 May 2024₹21.58
Min. SIP amount₹1,000
Rating3
Fund size₹460.54Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Credit Risk
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.6%6.6%6.9%8.1%
Category average7.5%9.2%5.2%NA
Rank with in category8107NA
Understand terms

Holdings (38)

NameSectorInstrumentAssets
SovereignGOI Sec10.99%
AutomobileDebenture5.85%
Tata Projects Ltd.
ConstructionDebenture5.21%
Godrej Housing Finance Ltd.
FinancialDebenture5.09%
ConstructionDebenture5.01%
Godrej Industries Ltd.
Consumer StaplesDebenture4.35%
SovereignGOI Sec4.34%
ConstructionDebenture4.32%
ConstructionNCD3.84%
Nirma Ltd.
Consumer StaplesDebenture3.26%
See All

Pros and cons

Category: Debt Credit Risk

Pros

Cons

1Y and 5Y annualised returns higher than category average
3Y annualised returns lower than category average by 2.6%
Higher expense ratio: 0.8%

Expense ratio, exit load and tax

Expense ratio: 0.80%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 12 months

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

Devang 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.
Also manages these schemes

Akhil Bipin Thakker
Nov 2021 - Present
View details

Education
Mr. Thakker has done MBA in Finance from K J Somaiya Institute of Management
Experience
Prior to joining Axis Mutual Fund, he has worked with CRISIL Ltd and Credit Analysis & Research Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
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,

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