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  • Axis Mutual Fund
  • Axis Credit Risk Fund Pyt (PIDCW-M)

Formerly Axis Fixed Income Opp Fund Reg Mn DP

Axis Mutual Fund

Axis Credit Risk Fund Pyt (PIDCW-M)

DebtCredit Risk
Top Ranked

10.1212

NAV (Jun 21)

5.4%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within credit risk mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

Rolling Returns

Satisfactory

The performance of the fund on a Rolling Returns metric has been Satisfactory

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

10.1212

NAV (Jun 21)

Fund Returns

Last 1Y
7.2%
Last 3Y
5.8%
Last 5Y
6.7%
Last 10Y
NA
Since Inception
7%
6 Month CAGR
3.9%

Scheme Information

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.

Expense Ratio
1.57
Launched (10y ago)
Jul 15, 2014
AUM in Crores
450.271
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
Standard Deviation (5yr)
2.2
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.31
Sharpe Ratio (5yr)
0.117
YTM
8.43
Fund Managers

Devang Shah

Fund Manager

Akhil Thakker

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis Credit Risk Fund Pyt (PIDCW-M)70%8,52,757 1,20,1456.3%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-06-21

Top Debt Holdings

7.18% govt stock 2033

10.8%
10.8%

net receivables / (payables)

9.3%
9.3%

godrej housing finance limited

5.2%
5.2%

birla corporation limited

5.1%
5.1%

motherson sumi systems limited

4.9%
4.9%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,017 cr

₹ 10,612 cr

₹ 47,907 cr

₹ 14,537 cr

₹ 15,157 cr

amc-img

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 295,858 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 62 equity,113 debt and 32 hybrid funds.amc-img
phone-img022-43255161
Fund NameScripbox Opinion
Till Date CAGR

5%

7.9%

5.8%

7%

6%

8%

5.8%

7%

-

5.3%

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 6/21/2024 is ₹10.12 with the total AUM as of 6/24/2024 is ₹450.271. 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 5.8% 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)?

Axis Credit Risk Fund Pyt (PIDCW-M) is a Credit Risk Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

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 1.57% for regular plan.