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Fincash » Mutual Funds » Axis Credit Risk Fund

Axis Credit Risk Fund - G

NAV  ₹18.5058 ↑ 0.00  (0.01 %) as on 22 Aug 23

(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 2022 was 4% , 2021 was 6% and 2020 was 8.2% .

Below is the key information for Axis Credit Risk Fund

NAV as on 22 Aug 23₹18.5058 ↑ 0.00  (0.01 %)
Net Assets (AUM) as on 31 Jul 2023 ₹529 Cr.
Launch Date15 Jul 2014
CategoryDebt - Credit Risk
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity8.44%
Effective Maturity2 Years 22 Days
Modified Duration1 Year 8 Months 16 Days
Alpha Ratio0.0
Expense Ratio1.67 %
Sharpe Ratio0.206
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 22 Aug 23

DurationReturns
1 Month 0.4%
3 Month 1.3%
6 Month 3.6%
1 Year 6.4%
3 Year 6%
5 Year 5.9%
10 Year
15 Year
Since launch 7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 4%
2021 6%
2020 8.2%
2019 4.4%
2018 5.9%
2017 6.4%
2016 9.8%
2015 8.7%
2014

Growth of 10k Over Years

DateValue
31 Aug 18₹10,000
31 Aug 19₹10,404
31 Aug 20₹11,210
31 Aug 21₹12,094
31 Aug 22₹12,537
31 Aug 23₹13,353
Axis Credit Risk Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash11.04%
Debt88.96%
Axis Credit Risk Fund Asset Allocation

Sector Allocation

SectorValue
Corporate74.27%
Government11.7%
Cash Equivalent11.04%
Securitized2.99%
RatingValue
A7.37%
AA48.27%
AAA44.36%
Axis Credit Risk Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Motherson Sumi Systems Limited
Debentures | -
6%₹30 Cr3,000
Godrej Industries Limited
Debentures | -
5%₹25 Cr2,500
Godrej Housing Finance Limited
Debentures | -
5%₹25 Cr250
Birla Corporation Limited
Debentures | -
4%₹23 Cr230
7.26% Govt Stock 2033
Sovereign Bonds | -
4%₹21 Cr2,050,000
↑ 1,900,000
Nexus Select Trust
Debentures | -
4%₹20 Cr2,000
Sundew Properties Limited
Debentures | -
4%₹20 Cr200
Dlf Cyber City Developers Ltd
Debentures | -
4%₹20 Cr200
Sepset Constructions Limited
Debentures | -
4%₹18 Cr210
FIRST BUSINESS RECEIVABLES TRUST
Unlisted bonds | -
3%₹16 Cr17
1 - 10 of 45
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Fund Managers

NameSinceTenure
Devang Shah15 Jul 149.14 Yr.
Akhil Thakker9 Nov 211.81 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 Ltd
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
₹18.5058
↑ 0.00
3.65 %6.35 %5.98 %5.92 %
Axis Credit Risk Fund
Weekly Dividend, Payout
₹10.1672
↑ 0.00
3.65 %6.35 %5.92 %5.36 %
Axis Credit Risk Fund
Monthly Dividend, Payout
₹10.093
↑ 0.00
3.65 %6.35 %5.98 %5.41 %
Data as on 22 Aug 23

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