Axis Credit Risk Fund - Dividend - Regular Plan

₹10.1705 0.05 %Nav, as on 04-08-2020
Previous Nav
₹ 10.1659
Net Change on 04-08-2020
₹0
PersonalFN Rating
Unrated
Category
Debt - Credit Risk Fund
Assets (Cr.)
₹ 636.45
Expense Ratio
1.65%
(As on Jun 30, 2020)

Fund Overview Dividend | Regular Plan

Fund House
Axis Mutual Fund
Launch Date
15-Jul-2014
Benchmark
NIFTY 1 Year T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil for 10% of investments and 1% for remaining investment on or before 12M, Nil after 12M
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
1,000
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
14.38
52 Week Low Nav Date
05-Aug-2019
52 Week High Nav (₹)
15.52
52 Week High Nav Date
31-Jul-2020

Fund 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.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Axis Credit Risk Fund - Regular Plan - weekly Dividend	10.68	13.99	6.90	4.12	5.11	5.60
NIFTY 1 Year T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Credit Risk Bond Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Axis Credit Risk Fund - Regular Plan - weekly Dividend	Jul 15, 2014	Unrated	6.90	4.12	5.11	1.65	636.45
ICICI Prudential Credit Risk Fund - Annual Dividend	Mar 23, 2015		7.49	5.76	6.10	1.60	6,561.66
ICICI Prudential Credit Risk Fund - Half Yearly Dividend	Dec 03, 2010		7.94	5.88	6.16	1.60	6,561.66
ICICI Prudential Credit Risk Fund - Quarterly Dividend	Dec 03, 2010		8.53	6.15	6.32	1.60	6,561.66
HDFC Credit Risk Debt Fund - Regular Option - Normal Dividend Option	Nov 20, 2014	Unrated	9.41	7.08	8.24	1.58	6,308.81
HDFC Credit Risk Debt Fund - Regular Plan - Quarterly Dividend Option	Mar 25, 2014	Unrated	7.75	5.00	6.01	1.58	6,308.81

Fund Holdings as on 30-June-2020

Company % Assets
7.32% Government of India (28/01/2024)
12.75
7.4% LIC Housing Finance Limited (06/09/2024) **
6.55
9.95% Narmada Wind Energy Private Limited (31/03/2023) ** #
5.65
9.15% Essel Mining And Industries Ltd (17/07/2022) ** #
5.57
EMBASSY OFFICE PARK REIT (03/06/2022) (ZCB) **
4.77
9% Bahadur Chand Investments Pvt Limited (01/03/2024) **
4.73
MFL Securitisation Trust (28/09/2023) ** #
4.68
Net Receivables / (Payables)
4.40
9.1% India Grid Trust InvIT Fund (03/06/2022) **
4.02
9.5% Nirma Limited (06/07/2077) **
3.84
PL Securitization Trust (10/11/2024) **
3.53
7.26% Government of India (14/01/2029)
3.39
11.955% Northern Arc Capital Limited (13/01/2022) **
3.17
8.72% PVR Limited (14/04/2023) **
3.13
Orelia Trust (24/08/2020) ** #
3.04
9.04% IndInfravit Trust (09/03/2038) **
2.72
7.5% India Infradebt Limited (30/06/2025)
2.36
9.8% ECL Finance Limited (31/12/2020) **
2.27
9.45% IndoStar Capital Finance Limited (24/09/2021) **
1.98
First Business Receivables Trust (01/10/2024) **
1.96
9.15% Birla Corporation Limited (18/08/2021) **
1.89
8.55% Talwandi Sabo Power Limited (23/04/2021) **
1.85
8.28% Oriental Nagpur Betul Highway Limited (30/09/2022) **
1.55
8.4% TATA Realty & Infrastructure Limited (06/06/2022) **
1.55
9.25% IndoStar Capital Finance Limited (15/03/2021) **
1.54
IIFL Home Finance Limited (11/08/2021) (ZCB) **
1.35
9.23% Talwandi Sabo Power Limited (30/07/2021) **
1.17
8.9508% Pipeline Infrastructure Private Limited (22/03/2024) **
1.00
6.75% Power Finance Corporation Limited (22/05/2023) **
0.81
9.95% Canara Bank (25/10/2021) **
0.79
Clearing Corporation of India Ltd
0.77
8.28% Oriental Nagpur Betul Highway Limited (30/09/2024) **
0.76
8.5% Vedanta Limited (15/06/2021) **
0.15
8.28% Oriental Nagpur Betul Highway Limited (30/03/2022) **
0.14
7.59% Government of India (20/03/2029)
0.09
8.40% Power Grid Corporation of India Limited (27/05/2021) **
0.05
9.95% Food Corporation Of India (07/03/2022) **
0.02
7.59% Government of India (11/01/2026)
0.01

Sector Holding%
Miscellaneous
65.39

Fund Manager

Devang Shah

Education:B. Com, C.A.
Experience:9 Years
Basic Details:Mr. Devang Shah has 9 years total experience. He is with Axis Asset Management Co. Ltd. from October 16, 2012 till date. His previous experience includes Pricewaterhouse Coopers, Deutsche AMC & ICICI Prudential AMC.
Funds Managed:
Axis Arbitrage Fund
Axis Corporate Debt Fund
Axis Credit Risk Fund
Axis Dynamic Bond Fund
Axis Gilt Fund
Axis Gold Exchange Traded Fund
Axis Gold Fund
Axis Liquid Fund
Axis Money Market Fund
Axis Money Market Fund
Axis Regular Saver Fund
Axis Short Term Fund
Axis Strategic Bond Fund
Axis Treasury Advantage Fund

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
03/08/2020
0.26
27/07/2020
0.09
20/07/2020
0.01
13/07/2020
0.44
06/07/2020
0.45
29/06/2020
0.45
22/06/2020
0.37
08/06/2020
0.12
01/06/2020
0.12
26/05/2020
0.03
20/04/2020
0.08
09/03/2020
0.15
02/03/2020
0.01
24/02/2020
0.18
17/02/2020
0.23
10/02/2020
0.61
03/02/2020
0.27
27/01/2020
0.25
20/01/2020
0.08
13/01/2020
0.18
06/01/2020
0.20
30/12/2019
0.20
23/12/2019
0.16
02/12/2019
0.20
25/11/2019
0.19
18/11/2019
0.31
03/06/2019
0.10
27/05/2019
0.30
20/05/2019
0.15
13/05/2019
0.20
06/05/2019
0.03
02/04/2019
0.45
25/03/2019
0.19
18/03/2019
0.32
11/03/2019
0.32
05/03/2019
0.15
25/02/2019
0.11
18/02/2019
0.05
11/02/2019
0.27
28/01/2019
0.20
21/01/2019
0.01
14/01/2019
0.29
07/01/2019
0.15
31/12/2018
0.14
24/12/2018
0.30
17/12/2018
0.23
10/12/2018
0.18
03/12/2018
0.27
26/11/2018
0.20
19/11/2018
0.26
12/11/2018
0.13
05/11/2018
0.13
29/10/2018
0.08
22/10/2018
0.11
15/10/2018
0.17
08/10/2018
0.13
03/09/2018
0.04
27/08/2018
0.15
20/08/2018
0.13
13/08/2018
0.11
06/08/2018
0.21
30/07/2018
0.14
23/07/2018
0.18
16/07/2018
0.23
09/07/2018
0.15
02/07/2018
0.07
09/04/2018
0.27
03/04/2018
0.51
26/03/2018
0.06
19/03/2018
0.26
12/03/2018
0.40
05/03/2018
0.02
12/02/2018
0.19
29/01/2018
0.04
22/01/2018
0.06
08/01/2018
0.13
11/12/2017
0.06
04/12/2017
0.09
20/11/2017
0.08
13/11/2017
0.05
06/11/2017
0.09
30/10/2017
0.11
23/10/2017
0.08
16/10/2017
0.18
03/10/2017
0.23
11/09/2017
0.07
04/09/2017
0.24
28/08/2017
0.09
21/08/2017
0.12
14/08/2017
0.07
07/08/2017
0.24
31/07/2017
0.08
24/07/2017
0.32
17/07/2017
0.22
10/07/2017
0.25
19/06/2017
0.13
12/06/2017
0.57
05/06/2017
0.20
22/05/2017
0.14
15/05/2017
0.24
08/05/2017
0.11
02/05/2017
0.07
24/04/2017
0.09
17/04/2017
0.22
03/04/2017
0.29
27/03/2017
0.26
06/02/2017
0.20
30/01/2017
0.15
23/01/2017
0.07
16/01/2017
0.16
09/01/2017
0.06
05/12/2016
0.17
28/11/2016
0.22
21/11/2016
0.52
15/11/2016
0.79
07/11/2016
0.06
01/11/2016
0.00
24/10/2016
0.10
17/10/2016
0.01
10/10/2016
0.45
03/10/2016
0.24
26/09/2016
0.32
19/09/2016
0.14
12/09/2016
0.16
06/09/2016
0.21
29/08/2016
0.20
16/08/2016
0.34
08/08/2016
0.10
01/08/2016
0.33
25/07/2016
0.26
18/07/2016
0.33
11/07/2016
0.27
04/07/2016
0.20
27/06/2016
0.18
20/06/2016
0.10
13/06/2016
0.17
06/06/2016
0.14
30/05/2016
0.12
23/05/2016
0.14
16/05/2016
0.17
09/05/2016
0.13
02/05/2016
0.08
25/04/2016
0.06
18/04/2016
0.21
11/04/2016
0.29
04/04/2016
0.56
28/03/2016
0.12
21/03/2016
0.50
14/03/2016
0.21
08/03/2016
0.24
01/03/2016
0.29
15/02/2016
0.06
01/02/2016
0.12
25/01/2016
0.18
11/01/2016
0.18
04/01/2016
0.19
28/12/2015
0.18
21/12/2015
0.20
07/12/2015
0.17
16/11/2015
0.24
02/11/2015
0.14
26/10/2015
0.08
19/10/2015
0.22
12/10/2015
0.03
05/10/2015
0.81
28/09/2015
0.10
21/09/2015
0.31
14/09/2015
0.18
07/09/2015
0.00
31/08/2015
0.24
17/08/2015
0.33
10/08/2015
0.21
03/08/2015
0.27
27/07/2015
0.20
20/07/2015
0.20
06/07/2015
0.27
22/06/2015
0.37
01/06/2015
0.30
25/05/2015
0.31
18/05/2015
0.13
05/05/2015
0.02
27/04/2015
0.16
20/04/2015
0.07
13/04/2015
0.10
06/04/2015
0.31
30/03/2015
0.16
23/03/2015
0.19
16/03/2015
0.03
09/03/2015
0.12
02/03/2015
0.17
23/02/2015
0.15
02/02/2015
0.23
27/01/2015
0.23
19/01/2015
0.50
12/01/2015
0.34
05/01/2015
0.19
15/12/2014
0.20
08/12/2014
0.12
01/12/2014
0.25
24/11/2014
0.27
18/11/2014
0.10
10/11/2014
0.24
03/11/2014
0.14
27/10/2014
0.24
20/10/2014
0.36
13/10/2014
0.24
07/10/2014
0.27
29/09/2014
1.69

Holding Type Holding %
BWR AAA(SO)
3.53
CARE A+
0.79
CARE A+(CE)
5.65
CARE AA-
3.52
Cash
5.17
CRISIL AA
4.63
CRISIL AA(CE)
3.02
CRISIL AA-
9.41
CRISIL AAA
24.73
CRISIL AAA(CE)
0.02
CRISIL AAA(SO)
6.64
ICRA A+
5.44
ICRA A1+(SO)
3.04
ICRA AA
8.17
Sovereign
16.24

About Axis Credit Risk Fund

NULL

Scheme Analysis

Axis Credit Risk Fund is a Debt - Credit Risk Fund fund and belongs to Axis Mutual Fund. It was launched on 15-Jul-2014 and currently has an AUM of ₹636.45 crore. Axis Credit Risk Fund is benchmarked against NIFTY 1 Year T-Bill Index as primary index and NIFTY Credit Risk Bond Index as secondary index.

The NAV of Axis Credit Risk Fund ended up ₹0(0.05%)yesterday to ₹10.1705.

Among its top 3 holdings the fund has exposure to 7.32% Government of India (28/01/2024), and

The Axis Credit Risk Fund is managed by Devang Shah .

Fund House Contact

Address:

Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400 025

Phone Number: 022-43255161

Email Address: customerservice@axismf.com

Fax Number: 022-43255199

Website: www.axismf.com

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