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Axis Credit Risk Fund

Axis Credit Risk Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

6.09

as on 09 Dec 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,941 today.

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NAV Performance

Axis Credit Risk Fund performance graph for last 3 years
Performance of Axis Credit Risk Fund for last 3 Years

Fund Information

  • ₹ 17.646

    as on 09 Dec 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 740 Cr.

    as on 31 Dec 2021
  • 1.68%

  • 15 Jul 2014

  • Debt - Credit Risk Fund

  • CRISIL 10 Year Gilt Index

  • 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 ₹ 17.646 as on 09 Dec 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

  • About Devang Shah

    Picture of Devang ShahDevang 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.
  • About Akhil Thakker

    Picture of 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 0.23% 0.89% 14.31% 7.94% 11.51% 12.31% 8.42% 7.36% 8.12% 7.53% 11.03% 9.97% 8.02% 7.71%
Category Average 0.07% 0.65% 1.86% 3.30% 4.36% 5.44% 4.59% 4.59% 6.58% 4.53% 5.48% 5.78% 5.15% 5.58%
Axis Credit Risk Fund 0.06%₹ 10,006 0.67%₹ 10,066 1.10%₹ 10,110 3.11%₹ 10,310 3.84%₹ 10,384 4.69%₹ 12,302 5.01%₹ 11,027 4.60%₹ 25,159 6.09%₹ 11,941 5.29%₹ 39,015 5.57%₹ 13,116 5.63%₹ 69,180 - -
Baroda Credit Risk Fund 0.09%₹ 10,009 0.70%₹ 10,070 1.44%₹ 10,144 3.39%₹ 10,338 4.47%₹ 10,446 5.34%₹ 12,344 11.78%₹ 12,494 9.16%₹ 26,324 8.42%₹ 12,748 9.97%₹ 41,818 6.59%₹ 13,765 8.02%₹ 73,454 - -
ICICI Prudential Credit Risk Fund 0.23%₹ 10,022 0.89%₹ 10,089 1.46%₹ 10,146 3.54%₹ 10,353 4.86%₹ 10,485 5.82%₹ 12,375 5.69%₹ 11,171 5.61%₹ 25,414 7.10%₹ 12,286 6.25%₹ 39,583 7.36%₹ 14,266 7.14%₹ 71,853 8.12%₹ 21,841 7.71%₹ 1,78,614
HDFC Credit Risk Debt Fund 0.08%₹ 10,007 0.70%₹ 10,069 1.01%₹ 10,101 3.26%₹ 10,325 3.45%₹ 10,345 4.64%₹ 12,299 5.38%₹ 11,105 4.75%₹ 25,197 7.08%₹ 12,280 5.95%₹ 39,404 6.94%₹ 13,994 6.93%₹ 71,475 - -
SBI Credit Risk Fund 0.11%₹ 10,011 0.61%₹ 10,061 1.29%₹ 10,128 3.09%₹ 10,308 3.99%₹ 10,398 4.90%₹ 12,316 4.63%₹ 10,947 4.66%₹ 25,174 6.35%₹ 12,031 5.36%₹ 39,059 6.20%₹ 13,515 6.04%₹ 69,903 7.93%₹ 21,474 7.05%₹ 1,72,540
Principal Credit Risk Fund 0.15%₹ 10,014 0.18%₹ 10,017 14.31%₹ 11,430 7.94%₹ 10,794 - - - - - - - - - -

Portfolio Holdings

Portfolio holdings pattern of Axis Credit Risk Fund as on 10 Dec 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    95.15%
  • Others Holdings:

    4.85%

Top Debt Instrument Type holdings of Axis Credit Risk Fund

Instrument TypeHolding PercentageHolding 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 InstrumentHolding PercentageHolding 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 TypeHolding Percentage
TREPS 3.07%
Net Receivables 1.78%
Interest Rate Swaps 0.00%