Formerly Axis Fixed Income Opp Fund Reg Wk DR
₹ 10.1738
NAV (Mar 05)
Neutral
However, Scripbox does not recommend investing in 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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
7 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.
Relative Size
593 Cr. Medium within the category
Impact of Interest Rate Changes
Moderate Interest Rate Risk. The impact on fund value is moderate when interest rates change
Credit Quality Of Fund's Portfolio
High Credit Risk. The fund has a lower credit quality compared to other debt funds
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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
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderately High Risk
1.67 %
Expense Ratio
Jul 15, 2014
Launched (7y ago)
₹ 593
AUM in Crores
INF846K01PQ0
ISIN
No Lock-in
Lock-in
IISL NIFTY Credit Risk Bond Index TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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About the AMC
Axis Asset Management Company Limited
Axis Asset Management Company Limited manages assets worth 192,437 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 30 equity,93 debt and 35 hybrid funds.
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₹ 23,571 Cr
Fund Size
5.9%
3Y returns
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₹ 21,867 Cr
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17%
3Y returns
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₹ 23,571 Cr
Fund Size
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3Y returns
Liquid
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₹ 23,571 Cr
Fund Size
4.1%
3Y returns
Liquid
Top Ranked
₹ 23,571 Cr
Fund Size
4%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Axis Credit Risk Fund (DR-W) is a credit risk debt fund and has delivered an annualised return of 5.7% over a period of 7 years .The fund was previously known as Axis Fixed Income Opp Fund Reg Wk DR.The fund is managed by Axis Asset Management Company Limited.The fund managers are Devang Shah, Dhaval Patel
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 However, there is no assurance that the objective of the scheme will be realized.
The Axis Credit Risk Fund (DR-W) fund was launched on Jul 15, 2014. The NAV (Net Asset Value) of this credit risk debt as of 2021-03-05 is ₹ 10.1738. The total AUM (Asset Under Management) of the fund as of 2021-03-07 is ₹ 592.202. The category risk of the Axis Credit Risk Fund (DR-W) fund is Moderately High Risk. The fund charges 1.67 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 80.7% in this asset class. The top three holdings of the fund are embassy office parks reit,bahadur chand investments private limited and india grid trust
The minimum SIP (Systematic Investment Plan) amount for this 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.
This fund 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 (DR-W) has a score of 3 on a scale of 5. The fund scores 3 out of 5 based on historical performance. As compared to the other funds in its category, Axis Credit Risk Fund (DR-W) has a score of 3 out of 5. The credit risk of the fund is 2 out of 5 as compared to other debt funds.