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Axis Credit Risk Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Credit Risk Fund
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 18.3485 0.03%
    (as on 22nd October, 2021)
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Crisil Rank
Above average performance among peers
Risk-O-Meter
High

Fund has 93.8% investment in Debt of which 11.63% in Government securities, 73.43% 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.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 22nd October, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 14-Oct-21 10005.00 0.05% - 0.04% 8/18
1 Month 22-Sep-21 10032.60 0.33% - 2.08% 11/18
3 Month 22-Jul-21 10171.10 1.71% - 4.06% 11/18
6 Month 22-Apr-21 10366.10 3.66% - 6.40% 14/18
YTD 01-Jan-21 10605.50 6.05% - 6.12% 9/18
1 Year 22-Oct-20 10798.10 7.98% 7.98% 8.17% 9/18
2 Year 22-Oct-19 11811.20 18.11% 8.67% 4.56% 4/16
3 Year 22-Oct-18 12516.90 25.17% 7.76% 3.56% 7/16
5 Year 21-Oct-16 14424.70 44.25% 7.59% 4.53% 6/15
Since Inception 15-Jul-14 18348.50 83.48% 8.70% 6.69% 7/16

SIP Returns (NAV as on 22nd October, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 22-Oct-20 12000 12489.32 4.08 % 7.62 %
2 Year 22-Oct-19 24000 26131.44 8.88 % 8.4 %
3 Year 22-Oct-18 36000 40676.25 12.99 % 8.08 %
5 Year 21-Oct-16 60000 72805.17 21.34 % 7.66 %
 

Tax Treatment

If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.

Portfolio (Updated on 30th Sep,2021)

No of Debt Holding 49 (Category Avg - 32.05) | Modified Duration 1.65 Years (Category Avg - 1.87)| Yield to Maturity 6.47% (Category Avg - 5.99%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 11.63% 8.15%
CD 0.00% 0.75%
T-Bills 0.00% 0.76%
CP 2.61% 1.60%
NCD & Bonds 73.71% 81.01%
PTC 5.85% 1.11%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 11.63% 8.91%
Low Risk 73.43% 55.69%
Moderate Risk 8.74% 26.08%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 5.08%
Net Receivables Net Receivables 1.12%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 01st January, 1970)

    No data available. Ratios are only available for the funds which are 3 years old.

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
UTI Credit Risk Fund - Direct Plan - Growth 1 612.24 7.48 17.92 19.79 23.17 -4.70
Baroda Credit Risk Fund - Plan B (Direct) - Growth 5 205.62 8.18 10.26 11.63 21.54 8.93
Franklin India Credit Risk Fund - Direct - Growth 2 653.85 3.06 6.67 6.62 18.00 6.87
IDBI Credit Risk Fund - Direct Plan - Growth 1 48.52 10.13 11.09 13.95 17.88 3.02
Nippon India Credit Risk - Direct Plan- Growth 3 1013.62 0.36 1.90 10.24 15.27 3.78
PGIM India Credit Risk Fund- Direct Plan - Growth 2 44.82 3.27 4.05 5.38 12.19 4.60
BOI AXA Credit Risk - Direct Plan - Growth 1 73.65 0.12 1.17 4.63 10.33 -30.25
HDFC Credit Risk Debt Fund - Direct Plan - Growth 5 8606.99 0.16 1.56 4.40 9.19 9.74
Kotak Credit Risk Fund - Direct Plan - Growth 2 1817.53 0.22 1.87 4.00 7.92 8.42
ICICI Prudential Credit Risk Fund - Direct Plan - Growth 3 8053.19 0.36 1.62 4.13 7.78 9.52

More Funds from Axis Mutual Fund

Out of 48 mutual fund schemes offered by this AMC, 5 is/are ranked 4 * , 11 is/are ranked 3 * , 2 is/are ranked 2 * , and 30 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Long Term Equity Fund - Direct Plan - Growth 3 34370.78 -0.30 12.58 28.39 61.88 26.11
Axis Bluechip Fund - Direct Plan - Growth 4 33153.71 1.13 12.97 26.58 50.71 25.93
Axis Liquid Fund - Direct Plan - Growth 3 24318.28 0.26 0.82 1.65 3.26 5.05
Axis Focused 25 Fund - Direct Plan - Growth 3 20333.87 0.49 14.64 30.76 61.57 26.19
Axis Banking & PSU Debt Fund - Direct Plan - Growth 3 16744.56 0.14 0.93 2.28 4.23 8.93
Axis Midcap Fund - Direct Plan - Growth 3 15394.86 0.59 11.63 30.63 66.25 31.00
Axis Short Term Fund - Direct Plan - Growth 3 12338.35 0.14 1.30 2.78 4.97 9.00
Axis Treasury Advantage Fund - Direct Plan - Growth 3 10509.25 0.27 1.01 2.20 4.33 7.33
Axis Flexi Cap Fund - Direct Plan - Growth 3 9970.29 0.82 13.43 30.46 58.51 27.07
Axis Overnight Fund - Direct Plan - Growth NA 9944.16 0.26 0.78 1.59 3.13 0.00

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