Axis Credit Risk Fund Direct Growth

Moderately High risk
Fixed Income
Credit Risk

NAV as on Apr 25, 2025

Price per unit of the scheme.

₹ 23.6021-0.06%1 Day Change

1.51%

Minimum Investment₹5000

Expense Ratio0.80%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Axis Credit Risk Fund Direct Growth

Fixed Income: Credit Risk Average NAV

Topper in Fixed Income: Credit Risk

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Axis Credit Risk Fund Direct Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

IISL NIFTY Credit Risk Bond Index TR INR

Expense Ratio

0.80%

Category Avg Expense Ratio

0.89%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 360.19 Cr(As on Mar, 2025)

Inception Date

Jul 15, 2014

Turnover

- %

Exit Load

If redeemed / switched out within 12 months from the date of allotment For 10% of investments NIL For remaining investments 1% If redeemed / switched-out after 12 months from the date of allotment NIL. Units issued on reinvestment of IDCW shall not be subject to Load.

ABOUT THE 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.

Axis Credit Risk Fund Direct Growth is an Fixed Income - Credit Risk fund. The fund was launched inJul 15, 2014. Its risk level is . The NAV of the fund as onApr 25, 2025 is ₹23.60. Its expense ratio is 0.80 %. The fund has an AUM of ₹360.19 Cr.The fund is managed byDevang Shah,Akhil Thakker.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Devang Shah

Lead Fund Manager.

Jul 15, 2014 - Present

Fund Manager Rank2Out of 14
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed23
Total AUM₹ 89,313.40 Cr
Highest Return In 1 Yr14.01 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Axis Long Duration Fund Direct Growth

₹ 1,263.77

2.84%

2.71%

Moderate Risk

₹392.46Cr

Axis Regular Saver Fund Direct Plan Growth Option

₹ 34.65

1.97%

1.35%

Moderately High risk

₹272.16Cr

Axis Dynamic Bond Fund Direct Plan Growth Option

₹ 32.50

2.64%

2.10%

Moderate Risk

₹1,355.48Cr

Axis Long Duration Fund Direct Growth

Moderate Risk--

NAV₹ 1,263.77
Fund Size₹392.46Cr

Fund Return2.84%

Category Return2.71%

Axis Regular Saver Fund Direct Plan Growth Option

Moderately High risk

NAV₹ 34.65
Fund Size₹272.16Cr

Fund Return1.97%

Category Return1.35%

Axis Dynamic Bond Fund Direct Plan Growth Option

Moderate Risk

NAV₹ 32.50
Fund Size₹1,355.48Cr

Fund Return2.64%

Category Return2.10%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Akhil Thakker

Lead Fund Manager.

Nov 9, 2021 - Present

Schemes managed2
Total AUM₹ 2,258.80 Cr
Highest Return In 1 Yr10.77 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Axis Strategic Bond Fund Direct Growth Option

₹ 30.45

1.85%

0.94%

Moderately High risk

₹1,898.61Cr

Axis Credit Risk Fund Direct Growth

₹ 23.60

1.51%

0.87%

Moderately High risk

₹360.19Cr

Axis Strategic Bond Fund Direct Growth Option

Moderately High risk

NAV₹ 30.45
Fund Size₹1,898.61Cr

Fund Return1.85%

Category Return0.94%

Axis Credit Risk Fund Direct Growth

Moderately High risk

NAV₹ 23.60
Fund Size₹360.19Cr

Fund Return1.51%

Category Return0.87%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Apr, 2025

EQUITY (0.87%)

DEBT (89.33%)

CASH (9.32%)

Allocation by Market Cap

Other Cap(0.48%)

Industry Holdings

Asset Management100.00%

Stock Holdings

Capital Infra Trust InvITs0.46%
Indus Infra Trust Unit0.41%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
0.87
This Fund
VS
0.83
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
92.43
This Fund
VS
46.17
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
0.81
This Fund
VS
0.91
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
1.05
This Fund
VS
0.20
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
1.57
This Fund
VS
1.14
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
0.98
This Fund
VS
2.23
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth ₹ 3,07,419.65 crores. It’s current offering of mutual fund schemes includes 32 equity, 30 debt and 12 hybrid schemes.

Phone

+91 22 43255161

customerservice@axismf.com

AUM

₹ 3,07,419.65 Cr (

As on Mar 31, 2025

)

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai,400 025

FAQ's

What is the category of Axis Credit Risk Fund Direct Growth ?

The category of Axis Credit Risk Fund Direct Growth is Fixed Income - Credit Risk

What is the current NAV of Axis Credit Risk Fund Direct Growth ?

The current NAV of Axis Credit Risk Fund Direct Growth as on Apr 25, 2025 is ₹23.60

How safe is Axis Credit Risk Fund Direct Growth ?

The risk level of Axis Credit Risk Fund Direct Growth is Moderately High.

What are short term returns given by Axis Credit Risk Fund Direct Growth ?

The return given by Axis Credit Risk Fund Direct Growth in 1 month is 1.51%, 3 months is 2.99%, 6 months is 4.97%, and 1 year is 9.84%

What are the long term returns given by Axis Credit Risk Fund Direct Growth ?

The return given by Axis Credit Risk Fund Direct Growth in 3 years is 7.93% and 5 years is 7.84%.

What is the expense ratio of Axis Credit Risk Fund Direct Growth ?

The expense ratio of Axis Credit Risk Fund Direct Growth is 0.80%

What is the AUM of Axis Credit Risk Fund Direct Growth ?

The assets under Management (AUM) of Axis Credit Risk Fund Direct Growth is Rs 360.19 crores.

What is the minimum investment in Axis Credit Risk Fund Direct Growth ?

The minimum Lumpsum investment in Axis Credit Risk Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in Axis Credit Risk Fund Direct Growth is ₹1,000.00

What is the asset allocation of Axis Credit Risk Fund Direct Growth?

Axis Credit Risk Fund Direct Growth has an exposure of 0.87% in Equity, 89.33% in Debt and 9.32% in Cash & Money Market Securities