| Category: Debt: Credit Risk |
| Launch Date: 15-07-2014 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Credit Risk Bond Index C-III |
| Expense Ratio: 1.57% As on (31-03-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 100.0 |
| Total Assets: 463.99 Cr As on (31-03-2024) |
| Turn over: |
| 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
|---|---|---|---|---|---|
| Axis Credit Risk Fund - Regular Plan - Growth | 6.9 | 5.82 | 5.86 | - | 6.97 |
| Benchmark | - | - | - | - | - |
| Debt: Credit Risk | 7.55 | 9.2 | 4.94 | 6.73 | 6.42 |
Devang Shah, Akhil Bipin Thakker
To generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Axis Credit Risk Fund - Regular Plan - Growth | 0.97 | 0.61 | 3.35 | 1.43 | 8.59 | 2.31 |
| Debt: Credit Risk | - | - | - | - | - | - |
| Scheme Name | Launch Date |
1-Year Ret (%) |
2-Yrs Ret (%) |
3-Yrs Ret (%) |
5-Yrs Ret (%) |
10-Yrs Ret (%) |
|---|---|---|---|---|---|---|
| Axis Credit Risk Fund - Regular Plan - Growth | 15-07-2014 | 6.9 | 6.17 | 5.82 | 5.86 | 0.0 |
| DSP Credit Risk Fund - Regular Plan -Growth | 05-05-2003 | 15.17 | 9.96 | 9.48 | 7.18 | 7.0 |
| Invesco India Credit Risk Fund - Regular Plan - Growth | 04-09-2014 | 7.78 | 7.83 | 6.08 | 5.36 | 0.0 |
| Nippon India Credit Risk Fund - Growth Plan | 01-06-2005 | 7.59 | 6.65 | 8.47 | 4.07 | 6.23 |
| Kotak Credit Risk Fund - Growth | 01-05-2010 | 7.53 | 4.66 | 4.78 | 5.72 | 7.12 |
| ICICI Prudential Credit Risk Fund - Growth | 05-12-2010 | 7.41 | 6.75 | 6.58 | 7.53 | 8.01 |
| Baroda BNP Paribas Credit Risk Fund -Regular-Growth Option | 23-01-2015 | 7.33 | 6.46 | 8.76 | 7.04 | 0.0 |
| HDFC Credit Risk Debt Fund - Growth Option | 05-03-2014 | 7.05 | 6.16 | 6.06 | 7.39 | 8.03 |
| Aditya Birla Sun Life Credit Risk Fund - Regular Plan - Growth | 05-04-2015 | 6.86 | 7.56 | 6.75 | 6.5 | 0.0 |
| SBI Credit Risk Fund - Regular Plan - Growth | 01-07-2004 | 6.81 | 6.87 | 6.3 | 6.68 | 7.66 |