Axis Credit Risk Fund - Dividend - Regular Plan

₹10.15 (-0.05%)Nav, as on 11-12-2019
Previous Nav
₹ 10.1546
Net Change on 11-12-2019
₹0
PersonalFN Rating
Unrated
Category
Debt - Credit Risk Fund
Assets (Cr.)
₹ 1,300.42
Expense Ratio
1.64%
(As on Nov 30, 2019)

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 (₹)
14.13
52 Week Low Nav Date
11-Dec-2018
52 Week High Nav (₹)
14.81
52 Week High Nav Date
04-Dec-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
Axis Credit Risk Fund - Regular Plan - weekly Dividend	4.58	6.82	3.18	3.92	4.99	5.45
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	3.18	3.92	4.99	1.64	1,300.42
HDFC Credit Risk Debt Fund - Regular Option - Normal Dividend Option	Nov 20, 2014		8.77	6.68	8.04	1.46	14,569.42
HDFC Credit Risk Debt Fund - Regular Plan - Quarterly Dividend Option	Mar 25, 2014		6.14	4.56	5.77	1.46	14,569.42
ICICI Prudential Credit Risk Fund - Half Yearly Dividend	Dec 03, 2010		6.95	5.50	5.97	1.55	11,706.73
ICICI Prudential Credit Risk Fund - Quarterly Dividend	Dec 03, 2010		7.04	5.56	6.02	1.55	11,706.73
Franklin India Credit Risk Fund - Dividend	Dec 07, 2011		2.33	4.49	5.33	1.61	6,295.72

Fund Holdings as on 30-November-2019

Company % Assets
Net Receivables / (Payables)
4.09
9.70% Coastal Gujarat Power Limited (25/08/2023) **
3.55
JSW Techno Projects Management Limited (28/02/2020) (ZCB) ** #
3.47
9.15% Birla Corporation Limited (18/08/2021) **
3.36
MFL Securitisation Trust (28/09/2023) ** #
3.15
8.66% Nuvoco Vistas Corporation Limited (14/09/2021) **
3.02
7.85% Bhopal Dhule Transmission Company Limited (04/04/2022) **
2.87
9.95% Narmada Wind Energy Private Limited (31/03/2023) ** #
2.86
9.15% Essel Mining And Industries Ltd (17/07/2022) ** #
2.70
8.7% JK Lakshmi Cement Limited (06/01/2020) **
2.69
7.84% PVR Limited (10/07/2020) **
2.69
8.95% Punjab National Bank (03/03/2022) **
2.29
Orelia Trust Aug 2019 (24/08/2020) ** #
2.18
IIFL Home Finance Limited (06/04/2020) (ZCB) **
2.13
9.14% Zydus Wellness Limited (16/01/2023) **
2.00
9.14% Zydus Wellness Limited (14/01/2022) **
1.98
9.10% India Grid Trust InvIT Fund (03/06/2022) **
1.96
9.26% Jubilant Life Sciences Limited (05/09/2022) **
1.95
7.55% Indian Railway Finance Corporation Limited (06/11/2029)
1.94
TMF Holdings Limited (11/11/2022) (ZCB) **
1.93
10.35% Bahadur Chand Investments Pvt Limited (16/01/2024) ** #
1.93
8.65% Dalmia Cement (Bharat) Limited (19/10/2020) **
1.92
6.18% Government of India (04/11/2024)
1.92
7.85% Talwandi Sabo Power Limited (04/08/2020) **
1.91
7.99% Tata Power Company Limited (16/11/2022) **
1.89
9.25% IndoStar Capital Finance Limited (15/03/2021) **
1.86
8.15% REC Limited (10/06/2022) **
1.58
11.9414% Ess Kay Fincorp Limited (13/09/2022) **
1.54
7.99% Tata Power Company Limited (16/11/2021) **
1.53
8.72% PVR Limited (14/04/2023) **
1.51
Sansar Trust (22/06/2022) ** #
1.51
Clearing Corporation of India Ltd
1.45
9.10% Union Bank of India (31/03/2022) **
1.34
Reliable Devices Trust (21/12/2020) **
1.18
9.95% Syndicate Bank (25/10/2021) **
1.17
9.91% Dalmia Cement (Bharat) Limited (08/01/2021) **
1.17
8.57% Nuvoco Vistas Corporation Limited (14/09/2020) **
1.16
9.8% ECL Finance Limited (31/12/2020) **
1.09
8.28% Oriental Nagpur Betul Highway Limited (30/09/2022) **
1.07
9.45% IndoStar Capital Finance Limited (24/09/2021) **
0.96
10.30% IKF Finance Limited (09/07/2020) ** #
0.96
10.75% Tata Power Company Limited (21/08/2072) **
0.96
8.55% Talwandi Sabo Power Limited (23/04/2021) **
0.95
RENT-A-DEVICE TRUST (28/09/2020) **
0.92
RENT-A-DEVICE TRUST (28/12/2020) **
0.90
8.28% Oriental Nagpur Betul Highway Limited (30/03/2022) **
0.83
9.14% Zydus Wellness Limited (16/01/2024) **
0.80
7.70% National Highways Auth Of Ind (13/09/2029) **
0.78
8.45% REC Limited (22/03/2022) **
0.72
8.75% Indiabulls Housing Finance Limited (25/09/2021) **
0.70
IIFL Home Finance Limited (11/08/2021) (ZCB) **
0.62
11.25% Hansdeep Industries & Trading Company Limited (12/04/2020) **
0.62
9.23% Talwandi Sabo Power Limited (30/07/2021) **
0.61
Zenith Trust (13/01/2021) ** #
0.57
8.75% Muthoot Finance Limited (19/06/2021) **
0.57
7.90% Nirma Limited (28/02/2020) **
0.54
11.4321% Asirvad Microfinance Ltd (22/06/2020) **
0.50
8.06% State Government Securities (27/03/2029)
0.41
7.57% Government of India (17/06/2033)
0.40
8.50% REC Limited (20/12/2021) **
0.40
8.10% REC Limited (25/06/2024) **
0.39
8.15% State Bank of India (02/08/2022) **
0.38
8.25% Bharti Airtel Limited (20/04/2020) **
0.38
8.35% Bharti Airtel Limited (20/04/2021) **
0.38
8.28% Oriental Nagpur Betul Highway Limited (30/09/2024) **
0.38
MFL Securitisation Trust (15/04/2020) ** #
0.29
8.27% State Government Securities (23/06/2022)
0.28
7.69% National Bank For Agriculture and Rural Development (31/03/2032) **
0.23
11.75% Asirvad Microfinance Ltd (22/05/2020) **
0.19
6.79% Government of India (15/05/2027)
0.15
9.21% Punjab National Bank (31/03/2022) **
0.15
10.60% Ess Kay Fincorp Limited (17/01/2020) **
0.14
8.83% Government of India (25/11/2023)
0.13
7.90% National Bank For Agriculture and Rural Development (18/04/2022) **
0.08
8.50% Vedanta Limited (15/06/2021) **
0.08
7.59% Government of India (20/03/2029)
0.04
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
80.42

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 ₹1,300.42 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 down ₹0(-0.05%)yesterday to ₹10.15.

Among its top 3 holdings the fund has exposure to Net Receivables / (Payables), 9.70% Coastal Gujarat Power Limited (25/08/2023) ** and JSW Techno Projects Management Limited (28/02/2020) (ZCB) ** #

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 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 (%)
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 A(CE)
3.47
BWR AA
1.34
BWR AA+
0.70
CARE A
0.96
CARE A+(CE)
2.86
CARE AA(CE)
3.55
CARE AA-
5.51
CARE AA-(CE)
0.62
Cash
5.54
CRISIL A
1.54
CRISIL AA
10.83
CRISIL AA(CE)
3.47
CRISIL AA+
5.16
CRISIL AA-
8.55
CRISIL AAA
13.26
CRISIL AAA(CE)
0.01
CRISIL AAA(SO)
3.44
ICRA A+(SO)
0.57
ICRA A1+(SO)
2.18
ICRA AA
8.38
ICRA AA-
3.02
ICRA AAA(SO)
4.51
IND A
2.44
IND A+
1.17
IND A+(CE)
0.14
IND AA
3.42
Sov
3.33

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