Axis Credit Risk Fund - Dividend - Regular Plan

₹10.18 0.06 %Nav, as on 17-05-2019
Previous Nav
₹ 10.1699
Net Change on 17-05-2019
₹0.01
PersonalFN Rating

2 PersonalFN
Category
Debt - Credit Risk Fund
Assets (Cr.)
₹ 1,658.66
Expense Ratio
1.92%
(As on Apr 30, 2019)

Fund Overview Dividend | Regular Plan

Fund House
Axis Mutual Fund
Launch Date
15-Jul-2014
Benchmark
Crisil 1 Yr 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 (₹)
13.59
52 Week Low Nav Date
17-May-2018
52 Week High Nav (₹)
14.62
52 Week High Nav Date
14-May-2019

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
Crisil 1 Yr 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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
IDBI Credit Risk Fund Annual Dividend - Regular Plan	Mar 03, 2014	5.53	6.00	7.24	1.49	94.26
IDBI Credit Risk Fund Quarterly Dividend - Regular Plan	Mar 03, 2014	5.53	6.00	7.24	1.49	94.26
Principal Credit Risk Fund - Monthly Dividend Reinvestment	Sep 14, 2004	6.99	7.20	8.02	1.67	89.56
Principal Credit Risk Fund - Monthly Dividend Sweep	Sep 14, 2004	6.99	7.20	8.02	1.67	89.56
Principal Credit Risk Fund - Regular Plan - Monthly Dividend Option	Sep 14, 2004	6.99	7.20	8.02	1.67	89.56

Fund Holdings as on 30-April-2019

Company % Assets
Clearing Corporation of India Ltd
3.77
9.05% Dewan Housing Finance Corporation Limited (09/09/2019) **
3.54
MFL Securitisation Trust (28/09/2023) ** #
3.34
Sansar Trust (22/06/2022) ** #
3.05
Indian Hospitals Corporation Ltd (08/07/2019) (ZCB) ** #
2.85
9.70% Coastal Gujarat Power Limited (25/08/2023)
2.70
7.84% PVR Limited (10/07/2020) **
2.66
9.15% Birla Corporation Limited (18/08/2021) **
2.64
JSW Techno Projects Management Limited (28/02/2020) (ZCB) ** #
2.55
8.85% Hinduja Leyland Finance Limited (07/02/2020) **
2.50
9.60% Renew Power Limited (26/02/2021) **
2.47
7.99% Tata Power Company Limited (16/11/2021) **
2.34
9.95% Narmada Wind Energy Private Limited (31/03/2023) ** #
2.27
8.65% Dalmia Cement (Bharat) Limited (19/10/2019) **
2.10
7.75% Talwandi Sabo Power Limited (20/09/2019) **
2.10
8.7% JK Lakshmi Cement Limited (06/01/2020) **
2.09
9.80% ECL Finance Limited (31/12/2020) **
2.07
Zenith Trust (13/07/2020) ** #
1.85
10.35% Bahadur Chand Investments Pvt Limited (16/01/2024) ** #
1.51
9.41% Aasan Corporate Solutions Private Limited (31/05/2021) ** #
1.51
9.26% Jubilant Life Sciences Limited (05/09/2022) **
1.51
7.90% National Bank For Agriculture and Rural Development (18/04/2022)
1.50
9.14% Zydus Wellness Limited (14/01/2022) **
1.50
9.14% Zydus Wellness Limited (16/01/2023) **
1.50
7.27% Government of India (08/04/2026)
1.49
7.99% Tata Power Company Limited (16/11/2022) **
1.44
10.30% IKF Finance Limited (09/07/2020) ** #
1.41
RENT-A-DEVICE TRUST (28/12/2020) **
1.40
8.15% Vodafone Mobile Services Limited (10/07/2019) #
1.38
8.99% Magma Fincorp Limited (19/08/2019) **
1.26
8.24% Power Grid Corporation of India Limited (14/02/2029) **
1.21
8.35% Indian Railway Finance Corporation Limited (13/03/2029) **
1.20
8.08% State Government Securities (26/12/2028)
1.20
7.26% Government of India (14/01/2029)
1.19
8.65% Dalmia Cement (Bharat) Limited (19/10/2020) **
1.19
9.14% Bank of Baroda (22/03/2022) **
1.18
9.10% Dewan Housing Finance Corporation Limited (09/09/2019)
1.18
7.85% Bhopal Dhule Transmission Company Limited (04/04/2022) **
1.17
8.72% PVR Limited (14/04/2023) **
1.16
IIERT TRUST (16/02/2022) ** #
1.02
9.10% Union Bank of India (31/03/2022) **
1.01
9.8762% IndoStar Capital Finance Limited (01/11/2019) **
0.96
IIFL Home Finance Limited (06/04/2020) (ZCB) **
0.95
8.13% Piramal Enterprises Limited (27/06/2019) **
0.90
8.57% Nuvoco Vistas Corporation Limited (14/09/2020) **
0.90
9.95% Syndicate Bank (25/10/2021) **
0.89
7.17% Government of India (08/01/2028)
0.88
9.69% Northern Arc Capital Limited (02/05/2019) **
0.84
8.28% Oriental Nagpur Betul Highway Limited (30/09/2022) **
0.82
9.45% IndoStar Capital Finance Limited (24/09/2021) **
0.76
8.95% Punjab National Bank (03/03/2022) **
0.75
10.75% Tata Power Company Limited (21/08/2072) **
0.74
8.55% Talwandi Sabo Power Limited (23/04/2021) **
0.74
8.65% Indiabulls Housing Finance Limited (26/09/2019) **
0.72
8.75% Indiabulls Housing Finance Limited (25/09/2021) **
0.66
8.28% Oriental Nagpur Betul Highway Limited (30/03/2022) **
0.64
8.65% Indiabulls Housing Finance Limited (22/08/2019) **
0.60
9.1833% IndoStar Capital Finance Limited (23/08/2019) **
0.60
11.4321% Asirvad Microfinance Ltd (22/06/2020) **
0.59
8.50% Bank of Baroda (02/12/2021) **
0.58
10.60% Ess Kay Fincorp Limited (17/01/2020) **
0.50
11.25% Hansdeep Industries & Trading Company Limited (12/04/2020) **
0.49
9.23% Talwandi Sabo Power Limited (30/07/2021) **
0.48
IIFL Home Finance Limited (11/08/2021) (ZCB) **
0.47
11.75% Asirvad Microfinance Ltd (22/05/2020) **
0.45
8.75% Muthoot Finance Limited (19/06/2021) **
0.44
8.20% National Bank For Agriculture and Rural Development (28/03/2034) **
0.42
7.90% Nirma Limited (28/02/2020) **
0.42
Net Receivables / (Payables)
0.41
8.00% Reliance Jio Infocomm Limited (07/04/2023) **
0.41
Solstice Trust (17/11/2019) ** #
0.40
7.95% Government of India (28/08/2032)
0.31
8.06% State Government Securities (27/03/2029)
0.30
8.25% Bharti Airtel Limited (20/04/2020) **
0.30
8.35% Bharti Airtel Limited (20/04/2021) **
0.29
7.40% Government of India (09/09/2035)
0.29
8.28% Oriental Nagpur Betul Highway Limited (30/09/2024) **
0.29
8.70% Power Finance Corporation Limited (15/01/2020) **
0.24
8.50% Subros Limited (30/04/2020) **
0.24
8.27% State Government Securities (23/06/2022)
0.21
10.49% Vijaya Bank (17/01/2022) **
0.18
8.15% State Government Securities (23/06/2021)
0.12
9.21% Punjab National Bank (31/03/2022) **
0.12
6.79% Government of India (15/05/2027)
0.12
8.83% Government of India (25/11/2023)
0.10
8.70% JM Financial Products Limited (25/07/2019) **
0.06
7.46% Power Finance Corporation Limited (05/06/2020) **
0.06
7.13% REC Limited (21/09/2020) **
0.06
8.50% Vedanta Limited (15/06/2021) **
0.06
8.19% State Government Securities (23/06/2026)
0.06
9.64% Power Grid Corporation of India Limited (31/05/2019) **
0.03
7.59% Government of India (20/03/2029)
0.03
7.35% Government of India (22/06/2024)
0.03
8.40% Power Grid Corporation of India Limited (27/05/2021) **
0.02
9.95% Food Corporation Of India (07/03/2022) **
0.01
8.37% National Bank For Agriculture and Rural Development (22/06/2020) **
0.01
7.59% Government of India (11/01/2026)
0.00

Sector Holding%
Miscellaneous
78.40

About Axis Credit Risk Fund

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 ₹1,658.66 crore. Axis Credit Risk Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Credit Risk Bond Index as secondary index.

The NAV of Axis Credit Risk Fund ended up ₹0.01(0.06%)yesterday to ₹10.18.

Among its top 3 holdings the fund has exposure to Clearing Corporation of India Ltd, 9.05% Dewan Housing Finance Corporation Limited (09/09/2019) ** and MFL Securitisation Trust (28/09/2023) ** #

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

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 Regular Saver Fund
Axis Short Term Fund
Axis Strategic Bond Fund
Axis Treasury Advantage Fund

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
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 A(SO)
2.55
BWR AA
1.01
BWR AA-(SO)
2.85
BWR AAA
1.98
CARE A
6.13
CARE A+
2.47
CARE AA
1.76
CARE AA(SO)
2.70
CARE AA-
6.91
CARE AA-(SO)
0.49
CAREA+SO
2.27
Cash
4.18
CRISIL A+
2.42
CRISIL AA
5.40
CRISIL AA(SO)
3.32
CRISIL AA+
3.00
CRISIL AA-
4.56
CRISIL AAA
6.33
CRISIL AAA(SO)
6.12
ICRA A(SO)
1.85
ICRA A+
0.84
ICRA AA
10.41
ICRA AA-
1.68
ICRA AA-(SO)
1.91
ICRA AAA(SO)
4.45
IND A+
1.76
IND A+(SO)
0.50
IND AA
3.78
Sovereign
6.33

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