Widely used:Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Moderately High
₹19.8943 0.00
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Axis Credit Risk Fund - Regular Plan
|
|
|
Moderately High
|
Please wait... |
1.57 |
|
 |
|
High
|
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1.45 |
||
 |
|
Moderately High
|
Please wait... |
1.57 |
||
|
|
High
|
Please wait... |
1.45 |
||
|
|
High
|
Please wait... |
1.55 |
₹441 Cr
1.00 (365)
5,000
1,000
1,000
6
Investment Strategy
The scheme seeks to generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum.
Suitability
"Credit risk funds invest mainly in bonds which are rated AA or below by credit rating agencies. The lower rating indicates a higher possibility of these bonds defaulting on repayment of investors' money. Therefore, these funds are the riskiest among debt fund categories. But they compensate for this additional risk with a higher return potential as these bonds offer better rates of interest than the highest rated bonds.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."
Capital Gains Taxation
Dividend Taxation
Axis Credit Risk Fund - Regular Plan is mandated to invest at least 65 per cent of its assets in corporate bonds rated AA and below.
Mutual funds can be bought directly from the website of the fund house. For instance, Axis Credit Risk Fund - Regular Plan fund can be purchased from the website of Axis Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Axis Credit Risk Fund - Regular Plan is ₹19.8943 as of 14-Aug-2024.
The AUM of Axis Credit Risk Fund - Regular Plan Fund is ₹441 Cr as of 31-Jul-2024
The riskometer level of Axis Credit Risk Fund - Regular Plan is Moderately High. See More
| Company | Percentage of Portfolio |
|---|---|
|
GOI Sec 7.18 14/08/2033 |
13.35
|
|
Birla Corporation Ltd SR-VI Debenture 9.25 18/08/2026 |
5.24
|
|
Tata Projects Ltd SR O Debenture 8.47 20/11/2026 |
4.78
|
|
Kohima-Mariani Transmission Ltd NCD 30/06/2027 |
4.54
|
|
Godrej Industries Ltd SR 2 Debenture 8.35 12/12/2025 |
4.54
|
As of 31-Jul-2024, Axis Credit Risk Fund - Regular Plan had invested 95.8% in Debt, 2.73% in Cash & Cash Eq. and 1.47% in Real Estate See More
Axis Credit Risk Fund - Regular Plan is 10 years 1 months old. It has delivered 7.06% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
7.59%
|
5.91%
|
6.66%
|
5.98%
|
7.02%
|
7.06%
|
No, There is no lock in period in Axis Credit Risk Fund - Regular Plan.
The expense ratio of Axis Credit Risk Fund - Regular Plan is 1.57.
Mutual Funds 
Axis Axis Credit Risk Fund - Regular Plan
