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Axis Credit Risk Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Credit Risk Fund
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 15.5078 -0.01%
    (as on 17th October, 2019)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderate

Fund has 93.81% investment in Debt of which 0.96% in Government securities, 80.87% in funds invested in very low risk securities..

Suitable For : Investors who want to invest money for longer duration but prefer less riskier assets compared to equity funds.

Crisil Rank Change : Fund Crisil rank was updated from 4 to 3 in the previous quarter.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 16th October, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 09-Oct-19 10034.00 0.34% - 0.22% 1/21
1 Month 16-Sep-19 10073.10 0.73% - 0.31% 3/21
3 Month 16-Jul-19 10208.70 2.09% - 0.74% 6/20
6 Month 16-Apr-19 10078.80 0.79% - -1.85% 9/20
YTD 01-Jan-19 10360.80 3.61% - -1.71% 9/20
1 Year 16-Oct-18 10590.30 5.90% 5.90% 2.05% 9/20
2 Year 16-Oct-17 11188.80 11.89% 5.78% 3.13% 8/19
3 Year 14-Oct-16 12205.50 22.06% 6.86% 4.79% 8/18
5 Year 16-Oct-14 15033.20 50.33% 8.49% 7.98% 7/14
Since Inception 15-Jul-14 15508.70 55.09% 8.70% 7.51% 9/17

SIP Returns (NAV as on 16th October, 2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 16-Oct-18 12000 12308.42 2.57 % 4.79 %
2 Year 16-Oct-17 24000 25427.63 5.95 % 5.66 %
3 Year 14-Oct-16 36000 39493.21 9.7 % 6.1 %
5 Year 16-Oct-14 60000 72221.95 20.37 % 7.35 %
 

Tax Treatment

Portfolio (Updated on 30th Sep,2019)

No of Debt Holding 83 (Category Avg - 58.00) | Modified Duration 1.50 Years (Category Avg - 1.48)| Yield to Maturity 9.55% (Category Avg - 9.79%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 0.96% 0.55%
CD 0.00% 3.23%
T-Bills 0.00% 0.01%
CP 0.00% 1.70%
NCD & Bonds 79.88% 81.98%
PTC 12.97% 2.30%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.96% 0.55%
Low Risk 80.87% 59.98%
Moderate Risk 11.98% 19.21%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 4.03%
TREPS TREPS 2.16%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2019)

  • Standard Deviation

    Low volatility
    2.7vs3.64
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.01vs0.1
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
IDFC Credit Risk Fund - Direct Plan - Growth 5 1323.64 0.64 1.86 5.10 10.20 0.00
Kotak Credit Risk Fund - Direct Plan - Growth 5 4731.59 0.81 2.54 5.19 10.08 7.99
ICICI Prudential Credit Risk Fund - Direct Plan - Growth 4 10941.92 0.72 2.23 4.74 9.86 8.27
HDFC Credit Risk Debt Fund - Direct Plan - Growth 4 14626.93 0.45 1.74 4.55 9.42 7.46
Mahindra Credit Risk Yojana - Direct Plan - Growth NA 163.08 0.71 1.51 3.81 8.67 0.00
SBI Credit Risk Fund - Direct Plan - Growth 4 5210.61 0.73 2.17 2.99 8.03 7.44
Aditya Birla Sun Life Credit Risk Fund - Direct Plan - Growth 4 6052.20 -0.47 1.22 3.32 7.58 7.87
Franklin India Credit Risk Fund - Direct - Growth 3 6742.75 -0.21 0.38 1.73 7.17 7.98
PGIM India Credit Risk Fund- Direct Plan - Growth 2 443.01 3.49 3.06 0.64 4.81 6.31
Baroda Credit Risk Fund - Plan B (Direct) - Growth 3 717.41 0.34 0.61 0.19 4.45 6.86

More Funds from Axis Mutual Fund

Out of 47 mutual fund schemes offered by this AMC, 3 is/are ranked 5 * , 2 is/are ranked 4 * , 7 is/are ranked 3 * , 2 is/are ranked 2 * , and 33 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Liquid Fund - Direct Plan - Growth 3 24003.73 0.48 1.51 3.30 7.20 7.10
Axis Long Term Equity Fund - Direct Plan - Growth 4 20425.31 10.00 5.26 7.55 21.01 14.51
Axis Banking & PSU Debt Fund - Direct Plan - Growth 3 8803.16 0.79 2.58 5.85 12.45 8.66
Axis Focused 25 Fund - Direct Plan - Growth 3 8383.71 10.64 5.83 8.13 19.25 15.82
Axis Bluechip Fund - Direct Plan - Growth 5 8049.93 9.01 6.07 9.86 25.57 17.45
Axis Multicap Fund - Direct Plan - Growth NA 4574.56 9.05 6.71 9.89 24.90 0.00
Axis Midcap Fund - Direct Plan - Growth 5 3199.73 8.82 6.62 5.94 17.89 13.60
Axis Treasury Advantage Fund - Direct Plan - Growth 4 2635.97 0.71 2.26 4.78 9.71 8.06
Axis Ultra Short Term Fund - Direct Plan - Growth NA 2530.17 0.71 2.10 4.38 9.11 0.00
Axis Arbitrage Fund - Direct Plan - Growth NA 2419.29 0.69 1.72 3.72 7.07 6.98

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