- Mutual Funds
- Axis Mutual Fund
- Axis Credit Risk Fund Pyt (PIDCW-M)
Formerly Axis Fixed Income Opp Fund Reg Mn DP
Axis Credit Risk Fund Pyt (PIDCW-M)
₹ 10.1103
NAV (Sep 22)
Credit Risk Funds are mandated to invest more than 65% of the portfolio in Corporate Bonds rated AA or below.
These instruments carry a high default risk.
The events of the recent past have shown the impact of poor credit quality on such funds.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.1103
NAV (Sep 22)
Fund Returns
Last 1Y | 6.8% |
Last 3Y | 6% |
Last 5Y | 5.6% |
Last 10Y | NA |
Since Inception | 5.7% |
6 Month CAGR | 3.7% |
Scheme Information
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.
Expense Ratio | 1.64 |
Launched (9y ago) | Jul 15, 2014 |
AUM in Crores | 522.308 |
ISIN | INF846K01PR8 |
Lock-in | No Lock-in |
Benchmark | IISL NIFTY Credit Risk Bond Index TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.1 |
Standard Deviation (5yr) | 2.2 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 1.105 |
Sharpe Ratio (5yr) | 0.151 |
YTM | 8.44 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Credit Risk Fund Pyt (PIDCW-M) | 8,38,183 | 1,05,571 | 5.6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
motherson sumi systems limited
5.7%7.26% govt stock 2033
4.9%godrej industries limited
4.8%godrej housing finance limited
4.8%bharti enterprises limited
4.7%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
Axis Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.6% | 7.9% | ||
4.7% | 7% | ||
5.9% | 8% | ||
4.8% | 7.5% | ||
6% | 7% |
Axis Credit Risk Fund Pyt (PIDCW-M) Review
Axis Credit Risk Fund Pyt (PIDCW-M) is a Credit Risk Debt fund and has delivered an annualised return of 5.7% over a period of 9 years. The fund was previously known as Axis Fixed Income Opp Fund Reg Mn DP. The fund is managed by Axis Asset Management Company Limited. The fund managers are Akhil Thakker, Devang Shah.
Nav of Axis Credit Risk Fund Pyt (PIDCW-M) as of 9/22/2023 is ₹10.11 with the total AUM as of 9/23/2023 is ₹522.308. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Credit Risk Fund Pyt (PIDCW-M) was launched on Jul 15, 2014. The category risk of the fund is Moderately High risk.
The minimum SIP amount for Axis Credit Risk Fund Pyt (PIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Axis Credit Risk Fund Pyt (PIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to IISL NIFTY Credit Risk Bond Index TR INR.
Axis Credit Risk Fund Pyt (PIDCW-M) is rated as a 4 fund in Debt and delivered 6.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Credit Risk Fund Pyt (PIDCW-M).
Frequently Asked Questions
What is Axis Credit Risk Fund Pyt (PIDCW-M)?
How to invest in Axis Credit Risk Fund Pyt (PIDCW-M)?
You can invest in Axis Credit Risk Fund Pyt (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Axis Credit Risk Fund Pyt (PIDCW-M)?
The minimum sip amount for Axis Credit Risk Fund Pyt (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is Axis Credit Risk Fund Pyt (PIDCW-M) good to invest in?
As per Scripbox experts, Axis Credit Risk Fund Pyt (PIDCW-M) is a Top Ranked fund. You can investAxis Credit Risk Fund Pyt (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Axis Credit Risk Fund Pyt (PIDCW-M)?
The expense ratio of the Axis Credit Risk Fund Pyt (PIDCW-M) is 1.64% for regular plan.