Axis Credit Risk Fund Direct Growth
NAV as on 25-04-2025
₹ 23.6
1D
Inception Returns
8.3%
/yr
About Axis Credit Risk Fund Direct Growth
Axis Credit Risk Fund Direct Growth is a debt fund. This fund was started on 15 July, 2014. The fund is managed by Devang Shah. This fund is suitable to keep your money safe.
Key Parameters
- Axis Credit Risk Fund Direct Growth has ₹362 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
Axis Credit Risk Fund Direct Growth has given a CAGR return of 8.29% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.84%, 7.93% and 7.84% respectively.
Holdings
Axis Credit Risk Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are Kohima Mariani Transmission Limited, 7.34% Govt Stock 2064, Birla Corporation Limited, Small Industries Development Bank of India 7.39%, Aditya Birla Renewables Limited
Taxation
As it is a credit risk mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.
Investment objective of Axis Credit Risk Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Axis Credit Risk Fund Direct Growth has no lock in period.
Axis Credit Risk Fund Direct Growth Overview
| Expense ratio | 0.81% |
Benchmark | IISL NIFTY Credit Risk Bond Index TR INR |
| AUM | ₹362 Cr |
| Inception Date | 15 July, 2014 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 123.57% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   High Risk |
Trailing Returns
as on (25-Apr-25)
Fund Distribution
as on (31-Mar-25)
- AUM of the fund stands at 360.2 Cr as of Mar'25
- AUM decreased by 20.4 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Financial Services, Corporate & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Capital Infra Trust InvITs | 0.46% | -6% | |
 Indus Infra Trust Unit | 0.41% | -12.9% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Axis Credit Risk Fund Direct Growth | 9.84% | 7.93% | 7.84% | 8.29% |
 DSP Credit Risk Fund Direct Plan Growth | 23.38% | 14.88% | 11.63% | 9.09% |
 Nippon India Credit Risk Fund Direct Plan Growth Option | 10.21% | 8.33% | 9.13% | 7.53% |
 ICICI Prudential Credit Risk Fund Direct Plan Growth | 10.06% | 8.3% | 8.24% | 8.96% |
Mutual Fund Insights
Axis Credit Risk Fund Direct Growth Highlights
High Risk
About the fund
Fund Allocations
AUM size ₹362 Cr
Expense Ratio 0.81%
More funds from Axis
1Y CAGR
▲ 13.44
5Y CAGR
▲ 7.09
3Y CAGR
▲ 8.59
5Y CAGR
▲ 7.17
Frequently Asked Questions for Axis Credit Risk Fund Direct Growth
Axis Credit Risk Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.51% | 1.51% |
6 Month Returns | 4.97% | 4.97% |
1 Year Returns | 9.84% | 9.84% |
3 Years Returns | 25.74% | 7.93% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AA | 57.39 |
AAA | 25.49 |
A | 17.12 |
Mutual Fund execution provided by
INDstocks Private Limited (Formerly known as INDmoney Private Limited) is a SEBI registered Stock Broker and mutual funds distributor. SEBI Registration No. INZ000305337, Trading and Clearing Member of NSE (90267, M70042) and BSE, BSE StarMF (6779), AMFI Registration No: ARN-254564.
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.