Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Credit Risk Fund Direct Weekly Reinvst of Inc Dis cum Cap Wdrl

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

NAV on June 01, 2023
Category Fixed income:
Credit Risk
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 593 cr
Turnover Ratio 115.10%
Expense Ratio 0.81%
Exit Load 1.00%if redeemed within
12 Months
0.00%if redeemed after 12 Months
Returns
  • 1M: 0.79%
  • 1Y: 7.77%
  • 3M: 2.59%
  • 3Y: 7.31%
  • 6M: 4.20%
  • 5Y: 6.38%
Min Investment
ADDITIONAL INFO
Fund Manager Devang Shah (Since almost 9 years) Akhil Thakker (Since over 1 year)
ISIN INF846K01PL1
Fund Family Axis
Launch Date July 15, 2014
Benchmark IISL NIFTY Credit Risk Bond Index TR INR
Avg. Maturity 1.73 years
Yield To Maturity (%) 8.31%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 49.41%
AA 40.97%
A 9.63%
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 -
Sharpe -
Std Dev 1.158
Risk Low
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
41.545 8.86% 2,810 cr Below Average
20.436 7.95% 182 cr 0.78% Above Average
29.212 7.61% 7,815 cr 0.91% Low
21.983 7.43% 8,570 cr 0.95% Below Average
Best Credit Risk Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
1755.681 10.65% 136 cr 0.28% Average
41.545 8.86% 2,810 cr Below Average
20.436 7.95% 182 cr 0.78% Above Average


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