Axis Credit Risk Fund
NAV : ₹ 19.659 as of 26 June, 2024
3Y Returns
▲5.89%
Overview
₹ 452.65 Cr
Fund size
₹ 1000
Min SIP
₹ 5000
Lumpsum
25 June 2014
Launch date
Growth
Fund plan
Regular
Scheme type
3
Rating by Value Research
Return Calculator
Over the past
Total Investment of ₹3,00,000
Would have become ₹3,11,887 (+3.81%)
Disclaimer: Past performance is not an indicator of future returns
Other Scheme Info
Expense Ratio
Inclusive of GST
1.57%
Stamp Duty
0.005%
Exit Load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
0
Fund Managers
Akhil Bipin Thakker
Feb 2023 - Present
Fund House
Axis Mutual Fund
Total AUM: 269711.01Cr
Axis Mutual Fund ranks among India's leading 10 Asset Management Companies. Founded in 2009, it operates as a joint venture between Axis Bank, the third largest private sector bank in India, and Schroder Singapore Holdings Private Limited (SSHPL), which owns 25% of the holdings. Notably, Axis Mutual Fund has emerged as one of the fastest-growing mutual fund companies in the Indian market. With a p...View Axis Credit Risk Fund AMC
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
Still have questions?
What is the NAV of Axis Credit Risk Fund
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Axis Credit Risk Fund is ₹19.66
What is the AUM of Axis Credit Risk Fund?
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Axis Credit Risk Fund is ₹452.65 Cr.
What is the minimum SIP amount for Axis Credit Risk Fund?
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Axis Credit Risk Fund is ₹1000
What is the Expense Ratio of Axis Credit Risk Fund?
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Axis Credit Risk Fund is 1.57%
What is the Exit load of Axis Credit Risk Fund?
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
The Exit load of Axis Credit Risk Fund is Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months..
