3 Year return
6.9%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately High Risk
Asset Under Management
₹436.83 Cr.
Expense Ratio
0.8% (inclusive of GST)
Exit Load
If redeemed/swich out within 12 months from the date of allotment: - For 10% of investment : Nil - For remaining investment : 1% NIL - If redeemed/switch out after 12 months from the date of allotment.
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Axis Mutual Fund Managers
DS
Devang Shah
Fund Manager since Jun 2017
Fund House Details
Axis Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Baroda BNP Paribas Credit Risk Fund |
7.3% |
3.5 |
ICICI Prudential Credit Risk Fund |
7.47% |
3 |
HDFC Credit Risk Debt Fund |
6.66% |
5 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment
About Axis Credit Risk Fund Direct Plan Growth
The Axis Credit Risk Fund Direct Plan Growth is managed by Axis Asset Management Company (AMC). It falls under the debt fund category, specifically in the credit risk fund segment. These funds typically invest in lower-rated debt securities with the aim of generating higher yields.
Investment Objectives of the Scheme
The primary objective of the Axis Credit Risk Fund Direct Plan Growth is to provide investors with regular income while maintaining a moderate level of credit risk. This is achieved by investing in a diversified portfolio of debt and money market instruments that are rated below the highest credit quality.
Key Features of The Fund
5-year return | 7.72% |
Expense Ratio | 0.8% |
Fund Manager | Devang Shah |
Fund Size | ₹436.83 Cr |
Risk Profile | Moderately High |
Is This Scheme Right for Me?
The Axis Credit Risk Fund Direct Plan Growth can be suitable for investors who are seeking higher returns than traditional fixed deposits or savings accounts, and are willing to take on a moderate level of credit risk. It's important to note that credit risk funds like this one carry a higher risk compared to other debt funds due to their exposure to lower-rated securities. So, this fund might be more suitable for investors with a slightly higher risk appetite and a medium to long-term investment horizon.
AMC Contact Details
Name | Axis Mutual Fund |
Launch Date | January 2009 |
Addresss | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
Contact | 8108622211 |
customerservice@axismf.com | |
Website | https://www.axismf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Your Guide Map for Investing
FAQs
What is today's NAV of Axis Credit Risk Fund?
What is the AUM of Axis Credit Risk Fund?
What is the expense ratio of Axis Credit Risk Fund?
What are the returns of Axis Credit Risk Fund since inception?
What is the minimum SIP amount to invest in Axis Credit Risk Fund?
How do I invest in Axis Credit Risk Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Axis Credit Risk Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Credit Risk Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Axis Credit Risk Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.