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Axis Credit Risk Fund - Direct Plan - Growth
★★★★★ monitor_heart Health Score: 89/100 · ExcellentAxis Mutual Fund · Debt · Credit Risk Fund
₹26.17
AUM: ₹3,092 Cr
NAV updated about 1 month ago
Plan
Direct
Option
Growth
Risk
Moderate to High
Expense Ratio
0.18%
Exit Load
Exit load of 1%, if redeemed within 15 days.
Fund Manager
Devang Shah
Inception
Jan 2013
Benchmark
Domestic Price of Gold
Sharpe Ratio
1.67
Std Dev (1Y)
1.09%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-3.61%
3m
-1.83%
6m
+13.67%
1y
+49.24%
3y
+34.56%
5y
+24.15%
10y
+16.05%
since inception
+8.27%
rate_review TopFund's Take on Axis Credit Risk Fund - Direct Plan - Growth
Axis Credit Risk Fund - Direct Plan - Growth ranks among the stronger performers in the Credit Risk Fund category, backed by a 4-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 89/100.
Cost: At 0.18%, the expense ratio is meaningfully cheaper — about 74% below the Credit Risk Fund category average of 0.7% (based on 92 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a strong Sharpe ratio of 1.67 — the fund has generated solid returns relative to the volatility it exposed investors to. Separately, annualised volatility of 1.09% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Axis Credit Risk Fund - Direct Plan - Growth
The current NAV (Net Asset Value) of Axis Credit Risk Fund - Direct Plan - Growth is ₹26.17. NAV is updated every business day after market close by AMFI.
1Y: 49.24% · 3Y CAGR: 34.56% · 5Y CAGR: 24.15%
The expense ratio is 0.18% per annum — the annual fee deducted from your investment to cover fund management costs.
Axis Credit Risk Fund - Direct Plan - Growth is managed by Devang Shah at Axis Mutual Fund.
Axis Credit Risk Fund - Direct Plan - Growth is a Moderate to High risk fund. Suitable for investors with a moderate risk appetite.
Axis Credit Risk Fund - Direct Plan - Growth is a Credit Risk Fund fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Axis Credit Risk Fund - Direct Plan - Growth is ₹3,092 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.