Mutual Fund Details

Axis Credit Risk Fund Direct - Dividend Weekly Payout

Name: Axis Credit Risk Fund Direct - Dividend Weekly Payout
Brand: Axis Mutual Fund

Debt Credit Risk

NAV

₹10.2794

as on 03 Jul 2020, 10:55 PM

₹0.0079(0.08%)

Last Change

Scheme Ratings

rated by Morningstar

rated by Value Research

Credit Risk

Rankings based on | as on Invalid date

Schemes Managed By

Devang Shah

Fund Manager

Start SIP in this Mutual Fund

Min SIP Amount

₹1,000

Suggested Date

6th of Every Month

Investment Performance

would have given a return of

₹110,871

₹121,647

₹117,624

₹122,061

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹22,061

Profit (absolute return)

22.06%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

1.64%

In the last 6 months

4.02%

In the last 1 year

9.31%

In the last 3 years

22.06%

In the last 5 years

48.46%

In the last 10 years

Absolute Returns

CAGR

Scheme Riskometer

low

moderately low

moderate

moderately high

high

Investors understand that their principal will be at moderate risk

Scheme Information

Axis Credit Risk Fund Direct - Dividend Weekly Payout

as of 31 May 2020, 05:30 AM

₹704.62 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

For units in excess of 10% of the investment,1% will be charged for redemption within 12 months

0.57%

Expense Ratio

Plan

Dividend

-2.63%

Cash Holding

Benchmark

NIFTY Credit Risk Bond Index

Scheme Document

View

Benchmark

NIFTY Credit Risk Bond Index

Exit Load

For units in excess of 10% of the investment,1% will be charged for redemption within 12 months

Scheme Document

View

Sectors Holding in this Mutual Fund

as on 31 May 2020

Sort By

Value

Sector

Cash Holding

-2.63%

₹-18.53 Cr

Sectors Holding in this Mutual Fund

as on 31 May 2020

Sort By

Value

Sector

Cash Holding

-2.63%

₹-18.53 Cr

Companies Holding in this Mutual Fund

as on 31 May 2020

Sort By

Value

Company

GOI

13.49%

₹95.05 Cr

Indostar Capital Finance Pvt Ltd.

6.66%

₹46.93 Cr

Narmada Wind Energy Pvt. Ltd.

5.08%

₹35.79 Cr

Essel Mining Industries Ltd.

5.02%

₹35.37 Cr

Power Finance Corpn. Ltd.

4.98%

₹35.09 Cr

Vedanta Ltd.

4.84%

₹34.10 Cr

Others

4.36%

₹30.72 Cr

Bahadur Chand Investments Pvt. Ltd.

4.26%

₹30.02 Cr

Magma Fincorp Ltd.

4.23%

₹29.81 Cr

Embassy Office Parks REIT

4.18%

₹29.45 Cr

View All

Companies Holding in this Mutual Fund

as on 31 May 2020

Sort By

Value

Company

GOI

13.49%

₹95.05 Cr

Indostar Capital Finance Pvt Ltd.

6.66%

₹46.93 Cr

Narmada Wind Energy Pvt. Ltd.

5.08%

₹35.79 Cr

Essel Mining Industries Ltd.

5.02%

₹35.37 Cr

Power Finance Corpn. Ltd.

4.98%

₹35.09 Cr

Vedanta Ltd.

4.84%

₹34.10 Cr

Others

4.36%

₹30.72 Cr

Bahadur Chand Investments Pvt. Ltd.

4.26%

₹30.02 Cr

Magma Fincorp Ltd.

4.23%

₹29.81 Cr

Embassy Office Parks REIT

4.18%

₹29.45 Cr

View All

Instruments Holding in this Mutual Fund

as on 31 May 2020

Sort By

Value

Instrument

Debenture

62.91%

₹443.28 Cr

NCD

17.99%

₹126.76 Cr

Securitised Debt

7.32%

₹51.58 Cr

ZCB

3.70%

₹26.07 Cr

Net Receivables

2.99%

₹21.07 Cr

2.58%

₹18.18 Cr

Bonds

1.99%

₹14.02 Cr

CBLO

0.44%

₹3.10 Cr

GOI Sec

0.08%

₹56.37 Lakh

Net Payables

-2.63%

₹-18.53 Cr

Instruments Holding in this Mutual Fund

as on 31 May 2020

Sort By

Value

Instrument

Debenture

62.91%

₹443.28 Cr

NCD

17.99%

₹126.76 Cr

Securitised Debt

7.32%

₹51.58 Cr

ZCB

3.70%

₹26.07 Cr

Net Receivables

2.99%

₹21.07 Cr

2.58%

₹18.18 Cr

Bonds

1.99%

₹14.02 Cr

CBLO

0.44%

₹3.10 Cr

GOI Sec

0.08%

₹56.37 Lakh

Net Payables

-2.63%

₹-18.53 Cr

Funds in this Category

This fund's returns:

6.86%

Return Duration

3 Years

ICICI Prudential Credit Risk Fund Direct Plan - Growth

IDFC Credit Risk Fund Direct - Growth

HDFC Credit Risk Debt Fund Direct - Growth

Kotak Credit Risk Fund Direct - Growth

SBI Credit Risk Fund Direct - Growth

About Axis Credit Risk Fund Direct - Dividend Weekly Payout

Axis Credit Risk Fund Direct - Dividend Weekly Payout is a Debt mutual fund scheme from Axis Mutual Fund. This scheme was launched on 15 Jul 2014 and is currently managed by its fund manager Devang Shah. It has an AUM of ₹704.62 Crores and the latest NAV decalared is ₹10.279 as on 05 Jul 2020 at 9:12 pm.

Axis Credit Risk Fund Direct - Dividend Weekly Payout scheme return performance in last 1 year is 9.31%, in last 3 years is 22.06% and 63.96% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.