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Axis Credit Risk Fund - Regular Plan
(Erstwhile Axis Fixed Income Opportunities Fund)

3 Value Research
0.06%
Change from previous, NAV as on Oct 11, 2019
Category: Debt: Credit Risk
Assets: R 1,361 crore (As on Sep 30, 2019)
Expense: 1.91% (As on Aug 31, 2019)
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Basic Details
Fund House: Axis Mutual Fund
Launch Date: Jul 15, 2014
Benchmark: NIFTY Credit Risk Bond
Riskometer: Moderate
Risk Grade: Average
Return Grade: Average
Type: Open-ended
Investment Details
Return since Launch: 7.42%
Minimum Investment (R) 5,000
Minimum Addl Investment (R) 100
Minimum Withdrawal (R) 1,000
Minimum SWP Withdrawal (R) 1,000
Minimum Balance (R) 1
Exit Load (%) For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Performance
  YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund 2.36 0.45 1.81 4.58 5.41 7.22 -
CCIL T Bill Liquidity Weight 3.60 0.34 1.10 4.64 4.23 4.61 -
Category -0.64 -0.18 0.67 1.25 3.94 7.16 -
Rank within Category 10 9 7 9 8 7 -
Number of funds in category 20 20 20 20 17 13 2
As on Oct 11, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
Axis Credit Risk Fund - Regular Plan Jul-2014 4.58 5.41 7.22 1.91 1,361
Aditya Birla Sun Life Credit Risk Fund - Regular Plan Apr-2015 6.59 6.68 - 1.59 6,052
Baroda Credit Risk Fund- Plan A Jan-2015 3.57 5.77 - 1.74 717
Franklin India Credit Risk Fund Dec-2011 6.67 7.19 8.18 1.61 6,743
HDFC Credit Risk Debt Fund - Regular Plan Mar-2014 9.00 6.58 8.38 1.46 14,627
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 83 96 83 44
Modified Duration (yrs) 1.50 1.90 1.40 1.26
Average Maturity (yrs) 1.80 2.40 1.70 1.60
Yield to Maturity (%) 9.55 10.19 9.05 9.65
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  Magma Fincorp 2023 Debenture AAA 0.00 - 3.51 3.33
  9.7% Coastal Gujarat Power 2023 Non Convertible Debenture AA 2.66 - 3.33 3.33
  JSW Techno Projects Management 2021 Debenture A 2.44 - 3.26 3.26
  9.15% Birla Corporation 2021 Debenture AA 2.58 - 3.18 3.18
  8.85% Hinduja Leyland Finance 2020 Debenture AA- 2.46 - 3.08 3.08
  8.66% NUVOCO Vistas Corp. 2021 Debenture AA 0.00 - 2.85 2.85
  India Infoline Finance 2020 Securitised Debt A1+ 0.00 - 2.82 2.82
  7.85% Bhopal Dhule Transmission 2022 Debenture AAA 1.15 - 2.72 2.72
  9.95% Narmada Wind Energy Pvt. 2023 Debenture A+ 2.27 - 2.70 2.70
  Essel Mining Industries 2022 Debenture AA- 0.00 - 2.57 2.57
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Sep 30, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Monthly May 27, 2019 0.0534   More...
    Apr 25, 2019 0.0298    
    Mar 25, 2019 0.0641    
    Feb 25, 2019 0.0397    
    Jan 25, 2019 0.0517    
    Dec 26, 2018 0.0695    
    Nov 26, 2018 0.0526    
    Oct 25, 2018 0.0372    
    Aug 27, 2018 0.0503    
    Jul 25, 2018 0.0472    
    Jun 25, 2018 0.0375    
    Apr 25, 2018 0.0190    
    Mar 26, 2018 0.0474    
    Feb 26, 2018 0.0145    
    Jan 25, 2018 0.0226    
    Dec 26, 2017 0.0160    
    Nov 27, 2017 0.0456    
    Oct 25, 2017 0.0399    
    Sep 25, 2017 0.0413    
    Aug 28, 2017 0.0532    
    Jul 25, 2017 0.0426    
    Jun 27, 2017 0.0549    
    May 25, 2017 0.0441    
    Apr 25, 2017 0.0426    
    Mar 27, 2017 0.0330    
+ Dividend Weekly Jun 03, 2019 0.0071   More...
    May 27, 2019 0.0218    
    May 20, 2019 0.0106    
    May 13, 2019 0.0142    
    May 06, 2019 0.0022    
    Apr 02, 2019 0.0322    
    Mar 25, 2019 0.0140    
    Mar 18, 2019 0.0231    
    Mar 11, 2019 0.0229    
    Mar 05, 2019 0.0106    
    Feb 25, 2019 0.0082    
    Feb 18, 2019 0.0039    
    Feb 11, 2019 0.0197    
    Jan 28, 2019 0.0142    
    Jan 21, 2019 0.0010    
    Jan 14, 2019 0.0209    
    Jan 07, 2019 0.0106    
    Dec 31, 2018 0.0099    
    Dec 24, 2018 0.0216    
    Dec 17, 2018 0.0164    
    Dec 10, 2018 0.0126    
    Dec 03, 2018 0.0193    
    Nov 26, 2018 0.0141    
    Nov 19, 2018 0.0189    
    Nov 12, 2018 0.0097    
News and Analysis
Contact Information

AMC: Axis Asset Management Company Ltd.

Address: 'Axis House' - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025 | Phone: 022-24255161 | Fax: 022-43255199

Email: [email protected] / [email protected]

Website: www.axismf.com



Registrar & Transfer Agent: Karvy Fintech Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034 | Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com