Axis Credit Risk Fund - Growth - Direct Plan

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Fund Overview Growth | Direct Plan

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  • Minimum Addl Investment (₹)

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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 - Direct Plan - Growth 8.83 8.57 8.03 6.79 7.63 8.15
CRISIL Credit Risk Debt Index N/A N/A N/A N/A N/A N/A
Nifty 10 yr Benchmark G-Sec 0.74 2.84 7.69 4.65 4.87 6.82

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 - Direct Plan - Growth Jul 15, 2014 8.03 6.79 7.63 0.80 448.17
ICICI Prudential Credit Risk Fund - Direct Plan - Growth Jan 02, 2013 8.74 7.21 8.22 0.77 6,763.39
SBI CREDIT RISK FUND - DIRECT PLAN -GROWTH Jan 02, 2013 8.13 7.15 7.68 0.89 2,433.86
Nippon India Credit Risk Fund - Direct Plan - Growth Plan Jan 01, 2013 8.44 7.19 5.52 0.70 1,027.32
Kotak Credit Risk Fund - Growth - Direct Jan 01, 2013 9.23 5.85 6.71 0.79 795.32
HSBC Credit Risk Fund - Direct Growth Jan 01, 2013 7.53 6.57 5.78 0.86 570.16

Fund Holdings as on 30-June-2024

  • 7.18% Government of India (14/08/2033)

  • 9.25% Birla Corporation Limited (18/08/2026) **

  • 8.15% Samvardhana Motherson International Limited (23/01/2026) **

  • 8.47% Tata Projects Limited (20/11/2026) **

  • 7.86% Nexus Select Trust - REIT (16/06/2026) **

  • 8.35% Godrej Industries Limited (12/12/2025) **

  • 6.49% Sepset Constructions Limited (01/07/2024) **

  • 7.75% Godrej Housing Finance Limited (03/10/2024) **

  • 8.65% Aadhar Housing Finance Limited (21/08/2027) **

  • 8.5% Nirma Limited (07/04/2027) **

  • 8.6% Infopark Properties Limited (19/06/2039) **

  • 9.65% Nuvoco Vistas Corporation Limited (06/07/2077) **

  • 8.1% Century Textiles & Industries Limited (25/04/2026) **

  • 8.5% DLF Home Developers Limited (30/04/2027) **

  • 9.45% CreditAccess Grameen Limited (22/11/2024) **

  • 7.26% Government of India (06/02/2033)

  • 10.58% Veritas Finance Private Limited (24/09/2024) **

  • 10.18% Renserv Global Private Limited (25/04/2025) **

  • 9.95% IndoStar Capital Finance Limited (30/06/2025) **

  • Clearing Corporation of India Ltd

  • 9.65% Vistaar Financial Services Private Limited (18/06/2026) **

  • 7.78% Greenlam Industries Limited (28/02/2025) **

  • 7.1% Government of India (08/04/2034)

  • 10.75% Spandana Sphoorty Financial Limited (13/08/2025) **

  • 8.6% Grihum Housing Finance Limited (29/11/2024) **

  • Embassy Office Parks REIT

  • Net Receivables / (Payables)

  • 8.50% Aadhar Housing Finance Limited (26/05/2026) **

  • 8.28% Oriental Nagpur Betul Highway Limited (30/09/2024) **

  • 9.2627% SK Finance Limited (27/01/2025) **

  • 6.49% Priapus Infrastructure Limited (01/07/2024) **

  • 10.6% Kogta Financial (India) Limited (09/05/2025) **

  • 7.46% Government of India (06/11/2073)

  • 8.4% DLF Cyber City Developers Limited (18/06/2027) **

  • 6.7% DLF Cyber City Developers Limited (30/09/2024) **

  • 6.49% Citra Real Estate Limited (01/07/2024) **

  • 7.36% JK Cement Limited (23/07/2024) **

  • 8.3% SK Finance Limited (29/04/2025) (FRN) **

  • First Business Receivables Trust (01/10/2024) **

  • SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2

  • 7.59% Government of India (20/03/2029)

  • 7.59% Government of India (11/01/2026)

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  • Miscellaneous

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Fund Manager

  • CARE A+

  • CARE A+(CE)

  • CARE AA+

  • CARE AA-

  • Cash

  • CRISIL AA

  • CRISIL AA+

  • CRISIL AA-

  • CRISIL AAA

  • CRISIL AAA(SO)

  • ICRA A+

  • ICRA AA

  • ICRA AA+

  • ICRA AA-

  • IND A+

  • IND AA

  • IND AA-

  • IND AAA

  • REITs & InvITs

  • Sovereign

  • Unrated

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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 ₹448.17 crore. Axis Credit Risk Fund is benchmarked against CRISIL Credit Risk Debt Index as primary index and Nifty 10 yr Benchmark G-Sec as secondary index.

The NAV of Axis Credit Risk Fund ended up ₹0.01(0.03%)yesterday to ₹21.8973.

Among its top 3 holdings the fund has exposure to 7.18% Government of India (14/08/2033), and

The Axis Credit Risk Fund is managed by Devang Shah and Akhil Thakker.

Fund House Contact

One Lodha Place, 22 & 23 Floor, Senapati Bapat Marg, Lower Parel Mumbai - 400 013

022-43255161
022-43255199
www.axismf.com