Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Credit Risk Fund Direct Weekly Dividend Reinvestment

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previously known as Axis Fixed Income Opp Fund Dir Wk DR until

NAV on July 03, 2020
Category Fixed income:
Credit Risk
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 705 cr
Turnover Ratio 246.55%
Expense Ratio 0.57%
Exit Load 1.00%if redeemed within
12 Months
0.00%if redeemed after 12 Months
Returns
  • 1M: 1.32%
  • 1Y: 8.09%
  • 3M: 1.64%
  • 3Y: 5.10%
  • 6M: 3.35%
  • 5Y: 6.02%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Devang Shah (Since almost 6 years)
ISIN INF846K01PL1
Fund Family Axis
Launch Date July 15, 2014
Benchmark IISL NIFTY Credit Risk Bond Index TR INR
Avg. Maturity 2.40 years
Yield To Maturity (%) 9.16%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 46.18%
AA 39.68%
A 14.13%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs IISL NIFTY Credit Risk Bond Index TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 0.780
Sharpe 0.634
Std Dev 2.698
Risk Below Average
INVESTMENT 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

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Credit Risk Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
23.722 10.60% 6,695 cr 0.99% Low
17.808 9.69% 6,539 cr 1.12% Below Average
33.985 9.48% 3,949 cr 0.91% Low
16.479 9.31% 705 cr 0.57% Below Average
12.933 9.07% 837 cr 0.66% Low
23.755 8.13% 2,052 cr 0.76% Below Average
Best Credit Risk Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
23.722 10.60% 6,695 cr 0.99% Low
1475.536 10.26% 147 cr 0.05% Average
17.808 9.69% 6,539 cr 1.12% Below Average
33.985 9.48% 3,949 cr 0.91% Low
16.479 9.31% 705 cr 0.57% Below Average
12.933 9.07% 837 cr 0.66% Low
23.755 8.13% 2,052 cr 0.76% Below Average


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