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Fincash » Mutual Funds » Axis Credit Risk Fund

Axis Credit Risk Fund - G

NAV  ₹17.629 ↑ 0.01  (0.08 %) as on 1 Dec 22

(Erstwhile Axis Fixed Income Opportunities Fund)

Scheme Objective

To generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns

Axis Credit Risk Fund is a Debt - Credit Risk fund launched on 15 Jul 14. It is a fund with Moderate risk and has given a CAGR return of 7% since its launch.  Ranked 4 in Credit Risk category.  Return for 2021 was 6% , 2020 was 8.2% and 2019 was 4.4% .

Below is the key information for Axis Credit Risk Fund

NAV as on 1 Dec 22₹17.629 ↑ 0.01  (0.08 %)
Net Assets (AUM) as on 15 Nov 2022 ₹620 Cr.
Launch Date15 Jul 2014
CategoryDebt - Credit Risk
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity8.23%
Effective Maturity1 Year 11 Months 5 Days
Modified Duration1 Year 5 Months 12 Days
Alpha Ratio0.0
Expense Ratio1.66 %
Sharpe Ratio-0.754
Information Ratio0.0
BenchmarkNot Available
ISININF846K01PO5
AMCAxis Asset Management Company Limited
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Dec 22

DurationReturns
1 Month 0.7%
3 Month 1.2%
6 Month 3%
1 Year 3.8%
3 Year 6%
5 Year 5.6%
10 Year
15 Year
Since launch 7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2021 6%
2020 8.2%
2019 4.4%
2018 5.9%
2017 6.4%
2016 9.8%
2015 8.7%
2014
2013

Growth of 10k Over Years

DateValue
30 Nov 17₹10,000
30 Nov 18₹10,496
30 Nov 19₹11,005
30 Nov 20₹11,895
30 Nov 21₹12,638
30 Nov 22₹13,115
Axis Credit Risk Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash16.31%
Debt83.69%
Axis Credit Risk Fund Asset Allocation

Sector Allocation

SectorValue
Corporate62.69%
Government18.73%
Cash Equivalent16.31%
Securitized2.27%
RatingValue
A9.79%
AA52.86%
AAA37.35%
Axis Credit Risk Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
5.15% Govt Stock 2025
Sovereign Bonds | -
7%₹47 Cr5,000,000
Aditya Birla Fashion And Retail Limited
Debentures | -
5%₹32 Cr250
Bahadur Chand Investments Private Limited
Debentures | -
5%₹30 Cr300
Godrej Housing Finance Limited
Debentures | -
4%₹25 Cr250
7.26% Govt Stock 2032
Sovereign Bonds | -
4%₹25 Cr2,500,000
↑ 2,500,000
BRakes India Private Limited
Debentures | -
4%₹25 Cr250
Birla Corporation Limited
Debentures | -
4%₹23 Cr230
7.38% Govt Stock 2027
Sovereign Bonds | -
3%₹20 Cr2,000,000
↓ -2,500,000
Godrej Properties Limited
Debentures | -
3%₹20 Cr200
↓ -50
Hinduja Leyland Finance Limited
Debentures | -
3%₹20 Cr200
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Fund Managers

NameSinceTenure
Devang Shah15 Jul 148.3 Yr.
Akhil Thakker9 Nov 210.98 Yr.

Custodians

CompanyAddress
Bank of Nova Scotia12/13, Maker Chamber VI,220, Nariman Point
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Limited
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Axis Mutual FundAxis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Axis Credit Risk Fund
Growth
₹17.629
↑ 0.01
2.98 %3.85 %6.05 %5.59 %
Axis Credit Risk Fund
Weekly Dividend, Payout
₹10.1764
↑ 0.01
2.98 %3.85 %5.73 %4.84 %
Axis Credit Risk Fund
Monthly Dividend, Payout
₹10.0819
↑ 0.01
2.98 %3.85 %5.86 %4.92 %
Data as on 1 Dec 22

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.