fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » Axis Credit Risk Fund

Axis Credit Risk Fund - G

NAV  ₹16.3367 ↑ 0.01  (0.04 %) as on 9 Apr 21

(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 7.6% since its launch.  Ranked 4 in Credit Risk category.  Return for 2020 was 8.2% , 2019 was 4.4% and 2018 was 5.9% .

Below is the key information for Axis Credit Risk Fund

NAV as on 9 Apr 21₹16.3367 ↑ 0.01  (0.04 %)
Net Assets (AUM) as on 28 Feb 2021 ₹592 Cr.
Launch Date15 Jul 2014
CategoryDebt - Credit Risk
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity7.15%
Effective Maturity2 Years
Modified Duration1 Year 4 Months 24 Days
Alpha Ratio0.0
Expense Ratio1.78 %
Sharpe Ratio1.093
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 9 Apr 21

DurationReturns
1 Month 0.9%
3 Month 1.5%
6 Month 3.7%
1 Year 8.2%
3 Year 6%
5 Year 6.7%
10 Year
15 Year
Since launch 7.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2020 8.2%
2019 4.4%
2018 5.9%
2017 6.4%
2016 9.8%
2015 8.7%
2014
2013
2012

Growth of 10k Over Years

DateValue
31 Mar 16₹10,000
31 Mar 17₹10,902
31 Mar 18₹11,604
31 Mar 19₹12,367
31 Mar 20₹12,895
31 Mar 21₹13,850
Axis Credit Risk Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash7.79%
Debt92.21%
Axis Credit Risk Fund Asset Allocation

Sector Allocation

SectorValue
Corporate73.9%
Government10.63%
Cash Equivalent7.79%
Securitized7.68%
RatingValue
A7.39%
AA58.37%
AAA34.24%
Axis Credit Risk Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
6.84% Govt Stock 2022
Sovereign Bonds | -
9%₹52 Cr5,000,000
↑ 5,000,000
Embassy Office Parks Reit
Debentures | -
5%₹33 Cr270
Bahadur Chand Investments Private Limited
Debentures | -
5%₹30 Cr300
India Grid Trust
Debentures | -
4%₹26 Cr250
Nirma Limited
Debentures | -
4%₹25 Cr250
Narmada Wind Energy Private Limited
Debentures | -
4%₹23 Cr266
Tata Steel Limited
Debentures | -
4%₹21 Cr120
Shining Metal Trust (15/02/2022)
Unlisted bonds | -
3%₹20 Cr2,000
↑ 2,000
PVR Limited
Debentures | -
3%₹19 Cr200
Indinfravit Trust
Unlisted bonds | -
3%₹17 Cr170
1 - 10 of 44
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Devang Shah15 Jul 146.72 Yr.
Dhaval Patel4 Sep 200.57 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 Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
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
₹16.3367
↑ 0.01
3.69 %8.23 %6.03 %6.7 %
Axis Credit Risk Fund
Weekly Dividend, Payout
₹10.1759
↑ 0.00
3.51 %8.05 %4.97 %5.2 %
Axis Credit Risk Fund
Monthly Dividend, Payout
₹10.1766
↑ 0.00
3.69 %8.23 %5.03 %5.25 %
Data as on 9 Apr 21

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