Credit risk

This credit risk fund has given SIP returns of 11.72% in 3 years, check out the portfolio

Axis Credit Risk Fund – Direct Plan-Growth

As the name suggests, it is a credit risk with assets under management worth Rs 739.23 crore. It is an open-end debt mutual fund. The expense ratio of this fund is 0.81%. It is identical to the average return for the category. The Direct Plan-Growth net asset value of this fund is Rs 18.7481 as of April 8, 2022. This fund is a mid-sized fund in its class.

It has been rated 4 stars by CRISIL and Value Research. The minimum investment amount required in this program is Rs 5,000 and for SIP investment, the minimum amount required is Rs 1,000. This fund is managed by Mr. Devang Shah and Mr. Akhil Thakker.

Absolute and annualized returns

Absolute and annualized returns

Flat-rate returns on investment

Since launch, it has generated average annual returns of 8.46%.

Investment period Absolute returns Annualized returns
1 year 6.28% 6.28%
2 years 16.09% 7.74%
3 years 21.97% 6.84%
5 years 42.19% 7.29%
Since the creation 87.48% 8.46%

SIP Returns

MS period Absolute returns Annualized returns
1 year 2.95% 5.51%
2 years 7.25% 6.88%
3 years 11.72% 7.33%
5 years 19.95% 7.21%


The fund has a debt investment of 94.96%, with 10.88% in government securities and 73.56% in funds investing in very low risk securities. The fund’s credit profile is poor, meaning it has lent to average quality borrowers. Since the majority of funds in this category lend to stronger borrowers, the default risk for this fund is higher than in the category.

Government of India, Telesonic Network Ltd., Aditya Birla Fashion and Retail Ltd., Bahadur Chand Investments Pvt. ltd. and Nirma Ltd. are the main holdings of the fund.