Great! You have sucessfully subscribed for newsletters for investments
Subscribed email:
Knowing this helps you control risk in your portfolio
NAV as of ( Sep 09, 2022 )
₹ 19.09 0.01 % 1-D Change
Returns
8.2% p.a.
You get upto 0.86% extra returns
ET Money Rank
3
Out of 16
Excellent
Generated returns consistently
5/5
Increased returns for each unit of additional risk
5/5
Excellent
Controlled losses during market corrections
5/5
Delivered returns without frequent ups and downs
4/5
Fresh Investments closed in this fund!
This fund is no longer available to invest
ET Money Rank | 3 Out of 16 |
VRO Rating | |
Expense ratio | 0.81% As on Jul 31, 2022 |
Exit Load |
1.0%
|
AUM (Fund Size) | ₹ 666 Crs |
Lock-in | No Lockin |
Age | 8 yrs 2 m Since Jun 25, 2014 |
Benchmark | NIFTY Credit Risk Bond Index C-III |
Min. Investment |
SIP ₹ 1000 & Lumpsum ₹ 5000 |
Answer a few simple questions and understand why you take the financial decisions you do.
Total value | Profit |
|
|
---|---|---|---|
This fund
|
|||
Category Average
|
|||
Bank FD
|
|||
Gold
|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Bifurcation by Holding is not available for this fund
Large Cap 0%
Mid Cap 0%
Small Cap 0%
Other Cap 0%
Bifurcation by Sector is not available for this fund
GOI 13.13%
Aditya Birla Fashion and Retail Ltd. 4.75%
Bahadur Chand Investments Pvt. Ltd. 4.49%
Small Industries Devp. Bank of India Ltd. 3.77%
AA 25.23%
AAA 17.72%
SOV 14.62%
AA+ 11.52%
Debenture 48.29%
GOI Securities 13.13%
Non Convertible Debenture 12.13%
Zero Coupon Bonds 8.25%
Others 1.79%
Fund name | Annual Return % | Consistency | Value Research Rating |
---|---|---|---|
ICICI Prudential Credit Risk Fund | 8.04% | ||
HDFC Credit Risk Debt Fund | 7.57% | ||
Aditya Birla Sun Life Credit Risk Fund | 7.09% | ||
SBI Credit Risk Fund | 6.87% | ||
Axis Credit Risk Fund | 6.73% | ||
Kotak Credit Risk Fund | 6.61% |
Period | Trailing returns | Category average | Rank within category |
---|---|---|---|
1 month | 0.6% | 0.59% | 6 / 12 |
3 months | 2.2% | 2.25% | 4 / 12 |
6 months | 2.25% | 2.55% | 4 / 12 |
1 year | 4.53% | 6.12% | 7 / 12 |
3 years | 7.45% | 5.56% | 3 / 12 |
5 years | 6.73% | 5.48% | 5 / 12 |
Level of Risk in the Scheme
Investors understand that their principal will be at Moderately High risk
DEBT CREDIT RISK
The scheme seeks to generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum.
Akhil Thakker
TOTAL AUM:
₹2,46,127 Crs
As on Jun 30, 2022
The Axis Credit Risk Fund is a 8 yrs 2 m old fund and has delivered average annual returns of 8.2% since inception.
1-Year | 3-Year | 5-Year | Since Inception |
---|---|---|---|
4.53% | 7.45% | 6.73% | 8.2% |
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Axis Credit Risk Fund for Sep 09, 2022 is 19.09 .
Axis Credit Risk Fund has an ET Money Rank of # 3 of 16 and a consistency rating of 5 .
This indicates the fund has not only delivered solid returns in the past but has done so with exceptional consistency. All this means Axis Credit Risk Fund can be a good addition to your portfolio.
On ET Money, Investing in Axis Credit Risk Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Axis Credit Risk Fund is 0.81%. .
Redeeming your investments in Axis Credit Risk Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Axis Credit Risk Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Axis Credit Risk Fund is ₹666 Crs.
The credit rating of the instruments in which the fund invests represents the quality of the borrower.
The Axis Credit Risk Fund allocation by credit quality is given below
Credit Quality | Percentage of Portfolio |
AA | 25.23% |
AAA | 17.72% |
SOV | 14.62% |
The top 3 debt holdings of Axis Credit Risk Fund are as follows
Holding Name | Percentage of Portfolio |
GOI | 13.13% |
Aditya Birla Fashion and Retail Ltd. | 4.75% |
Bahadur Chand Investments Pvt. Ltd. | 4.49% |