Search

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

3 Value Research
0.06%
Change from previous, NAV as on Oct 18, 2019
Category: Debt: Credit Risk
Assets: R 1,361 crore (As on Sep 30, 2019)
Expense: 0.57% (As on Sep 30, 2019)
SUBSCRIBE TO THE VALUE RESEARCH FUNDLINE NEWSLETTER
Choose the best mutual funds
Reach all your financial goals. Subscribe to Mutual Fund Insight now!
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: 8.71%
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 3.67 0.75 2.14 5.97 6.85 8.50 -
CCIL T Bill Liquidity Weight 3.71 0.39 1.10 4.65 4.26 4.61 -
Category 0.17 0.60 0.78 2.09 4.87 8.05 -
Rank within Category 10 4 6 9 8 7 -
Number of funds in category 20 20 20 20 17 13 0
As on Oct 18, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
Axis Credit Risk Fund - Direct Plan Jul-2014 5.97 6.85 8.50 0.57 1,361
Aditya Birla Sun Life Credit Risk Fund - Direct Plan Apr-2015 7.69 7.89 - 0.79 6,052
Baroda Credit Risk Fund- Plan B Direct Jan-2015 4.50 6.88 - 0.78 717
Franklin India Credit Risk Fund - Direct Plan Jan-2013 7.20 7.98 8.96 0.95 6,743
HDFC Credit Risk Debt Fund - Direct Plan Mar-2014 9.54 7.48 9.25 1.06 14,627
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 83 96 83 62
Modified Duration (yrs) 1.50 1.90 1.40 1.49
Average Maturity (yrs) 1.80 2.40 1.70 1.98
Yield to Maturity (%) 9.55 10.19 9.05 9.78
  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 0.0615   More...
    Apr 25, 2019 0.0375    
    Mar 25, 2019 0.0706    
    Feb 25, 2019 0.0467    
    Jan 25, 2019 0.0581    
    Dec 26, 2018 0.0758    
    Nov 26, 2018 0.0598    
    Oct 25, 2018 0.0478    
    Aug 27, 2018 0.0568    
    Jul 25, 2018 0.0541    
    Jun 25, 2018 0.0480    
    May 25, 2018 0.0065    
    Apr 25, 2018 0.0275    
    Mar 26, 2018 0.0556    
    Feb 26, 2018 0.0237    
    Jan 25, 2018 0.0311    
    Dec 26, 2017 0.0244    
    Nov 27, 2017 0.0550    
    Oct 25, 2017 0.0396    
    Sep 25, 2017 0.0459    
    Aug 28, 2017 0.0592    
    Jul 25, 2017 0.0495    
    Jun 27, 2017 0.0667    
    May 25, 2017 0.0566    
    Apr 25, 2017 0.0483    
+ Dividend Weekly Jun 03, 2019 0.0091   More...
    May 27, 2019 0.0238    
    May 20, 2019 0.0126    
    May 13, 2019 0.0163    
    May 06, 2019 0.0073    
    Apr 30, 2019 0.0023    
    Apr 22, 2019 0.0017    
    Apr 15, 2019 0.0003    
    Apr 02, 2019 0.0344    
    Mar 25, 2019 0.0158    
    Mar 18, 2019 0.0250    
    Mar 11, 2019 0.0245    
    Mar 05, 2019 0.0126    
    Feb 25, 2019 0.0100    
    Feb 18, 2019 0.0057    
    Feb 11, 2019 0.0233    
    Jan 28, 2019 0.0160    
    Jan 21, 2019 0.0027    
    Jan 14, 2019 0.0225    
    Jan 07, 2019 0.0122    
    Dec 31, 2018 0.0115    
    Dec 24, 2018 0.0233    
    Dec 17, 2018 0.0182    
    Dec 10, 2018 0.0143    
    Dec 03, 2018 0.0210    
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