Fund Performance
Lumpsum
SIP
6.40
as on 12 Aug 20223 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,054 today.
NAV Performance
Fund Information
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₹ 17.361
as on 12 Aug 2022 -
Regular - Growth
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-
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₹ 5,000
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₹ 740 Cr.
as on 31 Dec 2021 -
1.68%
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15 Jul 2014
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CRISIL 10 Year Gilt Index
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Axis Mutual Fund
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Highlights of this fund
Axis Credit Risk Fund is an Open-ended Debt Fund. The fund belongs to Credit Risk Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 15 Jul 2014. This fund is offered by one of the top AMC (Assets Management Company) Axis Mutual Fund. You can also view here all other Debt funds offered by Axis Mutual Fund.
Latest NAV of the fund is ₹ 17.361 as on 12 Aug 2022.
This fund has 8 years of track record. Since 31 Oct 2021 expense ratio of this fund is 1.68%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
To generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum.
List of Fund Managers of Axis Credit Risk Fund
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About Devang Shah
Devang Shah is the Deputy Head - Fixed Income at Axis AMC. His core responsibilities include managing top quartile performance for all funds along with managing client relationship. Devang joined Axis AMC on October 2012 as a Fund Manager and was promoted to Deputy Head in June 2018. He has been actively involved in the ideation, sourcing and investment strategy for fixed income funds. Prior to this, Devang was working with ICICI Prudential AMC as a Fund Manager from April 2008 till October 2012. His primary responsibilities include – 1. Analysing domestic fixed income markets, provide views on interest rate, credit environment & domestic monetary aggregates 2. Managing portfolio and trading in Debt & Money Market Instruments 3. Analysing various credit structures (LAS, ABS Pools, LAP) and credit exposures for the fund house. He has also worked with Deutsche AMC and PwC in past.
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About Akhil Thakker
Riskometer : Risk associated with this fund
Investors understand that their principal will be at High Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.38% | 1.00% | 14.31% | 7.94% | 19.94% | 13.26% | 7.86% | 7.29% | 8.22% | 10.11% | 13.12% | 10.23% | 7.98% | 7.85% |
| Category Average | 0.19% | 0.62% | 2.11% | 1.91% | 6.52% | 6.11% | 4.44% | 4.58% | 7.22% | 4.10% | 5.88% | 5.68% | 5.05% | 6.37% |
| Axis Credit Risk Fund | 0.26%₹ 10,025 | 0.70%₹ 10,070 | 1.67%₹ 10,167 | 1.46%₹ 10,145 | 3.75%₹ 10,374 | 3.69%₹ 12,238 | 5.71%₹ 11,175 | 4.70%₹ 25,182 | 6.40%₹ 12,054 | 5.55%₹ 39,168 | 5.56%₹ 13,110 | 5.68%₹ 69,267 | - | - |
| Baroda Credit Risk Fund | 0.21%₹ 10,021 | 0.64%₹ 10,064 | 1.37%₹ 10,136 | 1.32%₹ 10,132 | 12.85%₹ 11,284 | 6.24%₹ 12,400 | 13.26%₹ 12,826 | 11.02%₹ 26,803 | 7.86%₹ 12,557 | 10.23%₹ 41,973 | 6.55%₹ 13,737 | 7.98%₹ 73,370 | - | - |
| ICICI Prudential Credit Risk Fund | 0.23%₹ 10,023 | 0.83%₹ 10,083 | 1.83%₹ 10,183 | 1.97%₹ 10,197 | 5.03%₹ 10,503 | 4.99%₹ 12,321 | 6.37%₹ 11,313 | 5.66%₹ 25,427 | 7.60%₹ 12,468 | 6.59%₹ 39,781 | 7.29%₹ 14,223 | 7.31%₹ 72,149 | 8.22%₹ 22,052 | 7.85%₹ 1,79,929 |
| HDFC Credit Risk Debt Fund | 0.26%₹ 10,026 | 0.84%₹ 10,083 | 1.79%₹ 10,178 | 1.14%₹ 10,113 | 3.76%₹ 10,375 | 3.40%₹ 12,219 | 6.65%₹ 11,373 | 5.06%₹ 25,273 | 7.54%₹ 12,447 | 6.43%₹ 39,683 | 6.91%₹ 13,970 | 7.13%₹ 71,826 | - | - |
| SBI Credit Risk Fund | 0.17%₹ 10,016 | 0.64%₹ 10,064 | 1.51%₹ 10,150 | 1.50%₹ 10,150 | 3.83%₹ 10,382 | 3.68%₹ 12,237 | 5.54%₹ 11,138 | 4.52%₹ 25,136 | 6.47%₹ 12,078 | 5.53%₹ 39,153 | 6.16%₹ 13,486 | 6.11%₹ 70,016 | 8.04%₹ 21,680 | 7.21%₹ 1,73,983 |
| DSP Credit Risk Fund | 0.16%₹ 10,016 | 0.50%₹ 10,049 | 1.22%₹ 10,122 | 7.18%₹ 10,717 | 8.06%₹ 10,806 | 10.11%₹ 12,644 | 6.93%₹ 11,433 | 7.55%₹ 25,908 | 5.82%₹ 11,858 | 6.67%₹ 39,825 | 3.60%₹ 11,938 | 4.96%₹ 68,014 | 6.51%₹ 18,800 | 5.54%₹ 1,59,436 |
Portfolio Holdings
Top Debt Instrument Type holdings of Axis Credit Risk Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 74.52% | ₹ 543.51 Cr. |
| GOI | 9.75% | ₹ 71.20 Cr. |
| CP | 8.06% | ₹ 58.82 Cr. |
| PTC | 2.82% | ₹ 20.61 Cr. |
| Others | 4.85% | - |
Top Debt Holdings of Axis Credit Risk Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 9.75% | ₹ 71.20 Cr. |
| Bond - Telesonic Networks Ltd. | 4.80% | ₹ 35.03 Cr. |
| Bond - Aditya Birla Fashion and Retail Ltd. | 4.21% | ₹ 30.71 Cr. |
| Bond - Nuvoco Vistas Corporation Ltd. | 4.21% | ₹ 30.72 Cr. |
| Bond - Bahadur Chand Investments Pvt. Ltd. | 4.12% | ₹ 30.05 Cr. |
| Others | 72.91% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 3.07% |
| Net Receivables | 1.78% |
| Interest Rate Swaps | 0.00% |