Axis Credit Risk Fund Direct Growth

Fund Overview

Fund Size

₹351 Cr

Expense Ratio

0.80%

ISIN

INF846K01PJ5

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

15 Jul 2014

About this fund

Axis Credit Risk Fund Direct Growth is a Credit Risk mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 11 years, 9 months and 1 days, having been launched on 15-Jul-14.
As of 15-Apr-26, it has a Net Asset Value (NAV) of ₹25.50, Assets Under Management (AUM) of 351.04 Crores, and an expense ratio of 0.8%.

Axis Credit Risk Fund Direct Growth has given a CAGR return of 8.29% since inception.
The fund's asset allocation comprises around 7.28% in equities, 89.25% in debts, and 2.95% in cash & cash equivalents.
You can start investing in Axis Credit Risk Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+8.45%

+8.18% (Cat Avg.)

3 Years

+8.61%

+8.69% (Cat Avg.)

5 Years

+7.63%

+9.31% (Cat Avg.)

10 Years

+7.81%

+6.18% (Cat Avg.)

Since Inception

+8.29%

— (Cat Avg.)

Portfolio Summaryas of 31st March 2026

Equity	₹25.55 Cr	7.28%
Debt	₹313.31 Cr	89.25%
Others	₹12.18 Cr	3.47%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Jubilant Bevco Limited	Bond - Corporate Bond	₹16.27 Cr	4.64%
Jtpm Metal TRaders Limited	Bond - Corporate Bond	₹15.57 Cr	4.44%
7.61% Gs 2030	Bond - Gov't/Treasury	₹15.44 Cr	4.40%
Infopark Properties Limited	Bond - Corporate Bond	₹14.99 Cr	4.27%
Narayana Hrudayalaya Limited	Bond - Corporate Bond	₹14.96 Cr	4.26%
Aditya Birla Digital Fashion Ventures Limited	Bond - Corporate Bond	₹14.9 Cr	4.25%
Altius Telecom Infrastructure Trust	Bond - Corporate Bond	₹14.78 Cr	4.21%
7.24% Gs 2055	Bond - Gov't/Treasury	₹14.12 Cr	4.02%
Vedanta Limited	Bond - Corporate Bond	₹12.02 Cr	3.42%
GMR Airports Limited	Bond - Corporate Bond	₹10.35 Cr	2.95%
GMR Hyderabad International Airport Limited	Bond - Corporate Bond	₹10.2 Cr	2.91%
Delhi International Airport Limited	Bond - Corporate Bond	₹10.17 Cr	2.90%
Bamboo Hotel And Global Centre (Delhi) Private Limited	Bond - Corporate Bond	₹10.04 Cr	2.86%
JSW Kalinga Steel Ltd.	Bond - Corporate Bond	₹10.03 Cr	2.86%
Veritas Finance Limited	Bond - Corporate Bond	₹10.03 Cr	2.86%
One Prime Limited	Bond - Corporate Bond	₹9.97 Cr	2.84%
IKF Finance Limited	Bond - Corporate Bond	₹9.94 Cr	2.83%
Adani Power Ltd	Bond - Corporate Bond	₹9.94 Cr	2.83%
Keystone Realtors Limited	Bond - Corporate Bond	₹9.91 Cr	2.82%
Kogta Financial (India) Limited	Bond - Corporate Bond	₹9.86 Cr	2.81%
Birla Corporation Limited	Bond - Corporate Bond	₹9.21 Cr	2.62%
Lodha Developers Limited	Bond - Corporate Bond	₹7.96 Cr	2.27%
Hiranandani Financial Services Pvt Ltd. 9.01%	Bond - Corporate Bond	₹7.92 Cr	2.26%
Aptus Finance India Private Limited	Bond - Corporate Bond	₹7.5 Cr	2.14%
RADHAKRISHNA SECURITISATION TRUST	Bond - Asset Backed	₹6.86 Cr	1.95%
Raajmarg Infra Investment Trust Units	Equity	₹6.6 Cr	1.88%
Capital Infra Trust InvITs	Equity	₹6.58 Cr	1.87%
Aptus Value Housing Finance India Limited	Bond - Corporate Bond	₹5.61 Cr	1.60%
Jubilant Beverages Limited	Bond - Corporate Bond	₹5.4 Cr	1.54%
Vedanta Limited	Bond - Corporate Bond	₹5.03 Cr	1.43%
Aditya Birla Renewables Limited	Bond - Corporate Bond	₹5.01 Cr	1.43%
IndiGrid Infrastructure Trust Units Series - IV	Equity	₹4.86 Cr	1.38%
Net Receivables / (Payables)	Cash - Collateral	₹4.79 Cr	1.37%
Knowledge Realty Trust Units	Equity - REIT	₹3.67 Cr	1.05%
Indus Infra Trust Unit	Equity	₹3.2 Cr	0.91%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹3.07 Cr	0.87%
SHIVSHAKTI SECURITISATION TRUST	Bond - Asset Backed	₹2.95 Cr	0.84%
Vistaar Financial Services Private Limited	Bond - Corporate Bond	₹2.5 Cr	0.71%
7.18% Gs 2033	Bond - Gov't/Treasury	₹2.01 Cr	0.57%
Nuvama Wealth Finance Limited	Bond - Corporate Bond	₹2 Cr	0.57%
Sbi - Corporate Debt Market Development Fund (Cdmdf) - Class A2	Mutual Fund - Unspecified	₹1.82 Cr	0.52%
7.18% Tamilnadu Sgs 2036	Bond - Gov't/Treasury	₹1.34 Cr	0.38%
Embassy Office Parks REIT	Equity - REIT	₹0.64 Cr	0.18%
7.59% Gs 2029	Bond - Gov't/Treasury	₹0.52 Cr	0.15%
7.26% Gs 2033	Bond - Gov't/Treasury	₹0.51 Cr	0.14%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹9.8 Cr	2.79%
Industrials	₹6.58 Cr	1.87%
Utilities	₹4.86 Cr	1.38%

Risk & Performance Ratios

Fund Managers

Devang Shah

Since July 2014

Akhil Thakker

Since November 2021

Additional Scheme Detailsas of 31st March 2026

ISIN

INF846K01PJ5

Expense Ratio

0.80%

Exit Load

1.00%

Fund Size

₹351 Cr

Age

11 years 9 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

IISL NIFTY Credit Risk Bond Index TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Credit Risk Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Credit Risk Fund Direct Growth Moderately High risk	1.0%	1.0%	₹475.54 Cr	18.2%
ICICI Prudential Credit Risk Fund Direct Growth Very High Risk	0.8%	1.0%	₹5833.83 Cr	9.2%
Nippon India Credit Risk Fund Direct Growth High Risk	0.7%	1.0%	₹1059.49 Cr	8.6%
Kotak Credit Risk Fund Direct Growth High Risk	0.8%	1.0%	₹691.20 Cr	8.8%
HDFC Credit Risk Debt Fund Direct Growth Moderately High risk	1.1%	1.0%	₹6743.10 Cr	7.6%
HDFC Credit Risk Debt Fund Regular Growth Moderately High risk	1.6%	1.0%	₹6743.10 Cr	7.0%
HSBC Credit Risk Fund Regular Growth Moderately High risk	1.6%	1.0%	₹475.54 Cr	17.4%
ICICI Prudential Credit Risk Fund Regular Growth Very High Risk	1.4%	1.0%	₹5833.83 Cr	8.5%
Invesco India Credit Risk Fund Regular Growth Moderately High risk	1.4%	1.0%	₹159.38 Cr	5.4%
Invesco India Credit Risk Fund Direct Growth Moderately High risk	0.3%	1.0%	₹159.38 Cr	6.6%
UTI Credit Risk Fund Direct Growth Moderately High risk	0.9%	1.0%	₹251.72 Cr	6.8%
SBI Credit Risk Fund Direct Growth High Risk	0.9%	3.0%	₹2138.91 Cr	7.6%
Bank of India Credit Risk Fund Direct Growth Moderately High risk	1.0%	4.0%	₹100.26 Cr	11.5%
Bank of India Credit Risk Fund Regular Growth Moderately High risk	1.4%	4.0%	₹100.26 Cr	11.1%
DSP Credit Risk Fund Direct Growth Moderately High risk	0.4%	3.0%	₹230.08 Cr	5.8%
Axis Credit Risk Fund Direct Growth High Risk	0.8%	1.0%	₹351.04 Cr	8.5%
Axis Credit Risk Fund Regular Growth High Risk	1.6%	1.0%	₹351.04 Cr	7.6%
Kotak Credit Risk Fund Regular Growth High Risk	1.7%	1.0%	₹691.20 Cr	7.8%
DSP Credit Risk Fund Regular Growth Moderately High risk	1.2%	3.0%	₹230.08 Cr	5.0%
SBI Credit Risk Fund Regular Growth High Risk	1.6%	3.0%	₹2138.91 Cr	6.9%
Nippon India Credit Risk Fund Regular Growth High Risk	1.5%	1.0%	₹1059.49 Cr	7.8%
UTI Credit Risk Fund Regular Growth Moderately High risk	1.6%	1.0%	₹251.72 Cr	6.1%
Baroda BNP Paribas Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹174.61 Cr	7.6%
Baroda BNP Paribas Credit Risk Fund Regular Growth Moderately High risk	1.6%	1.0%	₹174.61 Cr	6.8%
Aditya BSL Credit Risk Fund Direct Growth High Risk	0.8%	3.0%	₹1177.74 Cr	13.6%
Aditya BSL Credit Risk Fund Regular Growth High Risk	1.7%	3.0%	₹1177.74 Cr	12.6%
Bandhan Credit Risk Fund Direct Growth Moderately High risk	0.7%	1.0%	₹233.09 Cr	5.6%
Bandhan Credit Risk Fund Regular Growth Moderately High risk	1.7%	1.0%	₹233.09 Cr	4.6%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹3,74,067 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Nifty India Defence Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Axis Fixed Maturity Plan Series 130 92 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Axis Fixed Maturity Plan Series 129 108 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Axis BSE India Sector Leaders Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹33.25 Cr	-
Axis Gold and Silver Passive FoF Direct Growth Very High Risk	0.2%	0.0%	₹514.03 Cr	-
Axis Multi-Asset Active FoF Direct Growth Very High Risk	0.1%	1.0%	₹1302.89 Cr	-
Axis Income Plus Arbitrage Passive Fund of Funds Direct Growth Moderate Risk	0.0%	0.0%	₹97.44 Cr	-
Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹238.28 Cr	-
Axis Nifty500 Quality 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹66.49 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1442.83 Cr	-
Axis Nifty AAA Bond Financial Services - Mar 2028 Index Fund Direct Growth Moderate Risk	-	0.0%	-	-
Axis Nifty500 Momentum 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹122.72 Cr	8.9%
Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹51.83 Cr	7.0%
Axis Momentum Fund Direct Growth Very High Risk	0.8%	1.0%	₹924.27 Cr	9.1%
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹20.28 Cr	6.8%
Axis Nifty500 Value 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹156.63 Cr	26.1%
Axis CRISIL IBX AAA NBFC Index Jun 2027 Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1589.64 Cr	7.1%
Axis Consumption Fund Direct Growth Very High Risk	0.6%	1.0%	₹2639.45 Cr	-0.6%
Axis Nifty 500 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹259.66 Cr	6.9%
Axis Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹138.39 Cr	8.1%
Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹8.30 Cr	4.3%
Axis S&P BSE Sensex Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹59.78 Cr	3.0%
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 119 71 Days Direct Growth Low to Moderate Risk	-	-	-	-
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹38.83 Cr	14.9%
Axis India Manufacturing Fund Direct Growth Very High Risk	0.5%	1.0%	₹4681.40 Cr	17.1%
Axis Fixed Term Plan Series 118 100 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 113 1228 Days Direct Growth Low to Moderate Risk	-	0.0%	₹92.41 Cr	6.9%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 105 1128 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 112 1143 Days Direct Growth Low Risk	-	0.0%	₹76.51 Cr	6.1%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low Risk	0.2%	0.0%	₹65.85 Cr	6.5%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹12598.09 Cr	5.7%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹1859.19 Cr	37.8%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹512.37 Cr	7.5%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹11412.80 Cr	6.5%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹20349.47 Cr	6.8%
Axis Equity Hybrid Fund Direct Growth High Risk	1.1%	1.0%	₹1376.69 Cr	5.8%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1039.28 Cr	12.9%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹8142.09 Cr	6.2%
Axis ESG Equity Fund Direct Growth Very High Risk	1.4%	1.0%	₹1006.49 Cr	2.6%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹9022.68 Cr	6.7%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹3049.11 Cr	56.9%
Axis Value Fund Direct Growth Very High Risk	0.7%	1.0%	₹1335.73 Cr	11.9%
Axis All Seasons Debt Fund of Funds Direct Growth Moderate Risk	0.1%	0.0%	₹2068.93 Cr	6.3%
Axis Quant Fund Direct Growth Very High Risk	0.8%	1.0%	₹756.25 Cr	7.3%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹447.40 Cr	2.1%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹28661.27 Cr	2.7%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1073.09 Cr	4.8%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹2809.36 Cr	61.2%

Risk Level

Your principal amount will be at High Risk

Take control of your wealth

Track and Analyse all your investments with Dezerv

Rated ★ 4.3+ on

Still got questions?
We're here to help.

What is the current NAV of Axis Credit Risk Fund Direct Growth?

The NAV of Axis Credit Risk Fund Direct Growth, as of 15-Apr-2026, is ₹25.50.

What are the returns of Axis Credit Risk Fund Direct Growth?

The fund has generated 8.45% over the last 1 year and 8.61% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Axis Credit Risk Fund Direct Growth?

The fund's allocation of assets is distributed as 7.28% in equities, 89.25% in bonds, and 2.95% in cash and cash equivalents.

Who manages the Axis Credit Risk Fund Direct Growth?

The fund managers responsible for Axis Credit Risk Fund Direct Growth are:-

Devang Shah
Akhil Thakker

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

;

©2021-2026 Dezerv. All Rights Reserved

Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.

Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.

Axis Credit Risk Fund Direct Growth

Fund Overview