Axis Credit Risk Fund
Credit RiskHighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹23.58+0.01%1 day
- Return since launch
- 7.2%
- 52-week range
- ₹22.06 — ₹23.58
- AUM
- ₹370 Cr
Axis Credit Risk Fund is a Credit Risk debt fund from Axis Mutual Fund with ₹370 Cr under management, launched in 2014. Over three years it has returned 7.8% a year, against 8.7% for its category. The expense ratio is 1.57% and the SEBI riskometer reading is High.
Performance
Axis Credit Risk Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.9% against +5.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 7.0% | −0.4 pts | 7.4% | 5.5% |
| 2Y | 7.5% | −0.5 pts | 8.0% | 6.1% |
| 3Y | 7.8% | −0.9 pts | 8.7% | 6.6% |
| 5Y | 7.6% | −1.5 pts | 9.0% | 6.7% |
| 7Y | 7.2% | −1.4 pts | 8.6% | 6.5% |
| 10Y | 6.9% | +0.8 pts | 6.1% | 6.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | +0.2 pts | 0.4% | 0.4% |
| 3M | 1.0% | +0.2 pts | 0.8% | 0.6% |
| 6M | 3.8% | +0.6 pts | 3.2% | 3.0% |
| 1Y | 6.9% | −0.5 pts | 7.4% | 5.5% |
| 2Y | 7.9% | −1.1 pts | 9.0% | 6.6% |
| 3Y | 8.0% | −0.7 pts | 8.7% | 7.0% |
| 5Y | 6.9% | −2.1 pts | 9.0% | 6.3% |
| 7Y | 7.0% | −0.1 pts | 7.1% | 6.4% |
| 10Y | 6.6% | +0.5 pts | 6.1% | 6.6% |
Since launch (25 Jun 2014): 7.2%
Calendar-year returns
Category average8.2%
6.0%
4.0%
7.0%
8.0%
8.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.7% | −2.6 pts | 11.3% |
| 2024 | 8.0% | −0.8 pts | 8.7% |
| 2023 | 7.0% | −1.7 pts | 8.7% |
| 2022 | 4.0% | −11.7 pts | 15.7% |
| 2021 | 6.0% | −2.2 pts | 8.2% |
| 2020 | 8.2% | +7.3 pts | 1.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.56%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.35%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.21%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Credit Risk Debt B-II Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
High
Your principal is treated as being at high risk — typically diversified and large cap equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.63 | 1.33 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.54 | 5.81 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.20 | 3.66 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Axis Credit Risk Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt89.3%
- Other10.7%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 5.15% | ₹19.48 Cr | +1.53% | +1.55% | +1.45% |
| Jubilant Bevco Ltd. | Consumer Staples | 4.46% | ₹16.87 Cr | +4.61% | +4.64% | +4.28% |
| JTPM Metal Traders Ltd. | Metals & Mining | 4.28% | ₹16.19 Cr | — | +4.44% | +4.09% |
| 360 ONE Wealth Ltd. | Financial | 3.96% | ₹14.98 Cr | +5.53% | +5.68% | — |
| Narayana Hrudayalaya Ltd. | Healthcare | 3.95% | ₹14.94 Cr | +4.16% | +4.26% | +4.13% |
| Aditya Birla Digital Fashion Ventures Ltd. | Services | 3.95% | ₹14.94 Cr | +4.14% | +4.25% | +4.11% |
| Altius Telecom Infrastructure Trust | Construction | 3.84% | ₹14.54 Cr | +4.14% | +4.21% | +4.12% |
| Godrej Seeds & Genetics Ltd. | Consumer Staples | 3.25% | ₹12.29 Cr | — | — | — |
| Vedanta Ltd. | Metals & Mining | 3.18% | ₹12.03 Cr | +3.34% | +3.42% | +3.28% |
| Adani Airport Holdings Ltd. | Services | 3.14% | ₹11.88 Cr | — | — | — |
| IKF Finance Ltd. | Financial | 3.08% | ₹11.65 Cr | +4.61% | +5.67% | +5.42% |
| JSW Kalinga Steel Ltd. | Metals & Mining | 2.75% | ₹10.40 Cr | +2.84% | +2.86% | — |
| Delhi International Airport Ltd. | Services | 2.69% | ₹10.19 Cr | +2.86% | +2.90% | — |
| Bamboo Hotel And Global Centre (Delhi) Pvt Ltd. Class A | Services | 2.65% | ₹10.03 Cr | +2.78% | +2.86% | +2.77% |
| Aadhar Housing Finance Ltd | Financial | 2.65% | ₹10.01 Cr | +2.78% | — | +2.22% |
| Navi Finserv Private Ltd. | Financial | 2.64% | ₹9.99 Cr | — | — | — |
| GMR Hyderabad International Airport Ltd. | Services | 2.64% | ₹9.98 Cr | +2.86% | +2.91% | +2.74% |
| Adani Power Ltd. | Energy | 2.63% | ₹9.95 Cr | +2.78% | +2.83% | — |
| Kogta Financial India Ltd. | Financial | 2.62% | ₹9.91 Cr | +2.75% | +2.81% | — |
| Veritas Finance Ltd. | Financial | 2.61% | ₹9.86 Cr | +2.78% | +2.86% | +2.73% |
| Lodha Developers Ltd. | Construction | 2.12% | ₹8.00 Cr | +2.22% | +2.27% | — |
| Hiranandani Financial Services Pvt. Ltd. | Financial | 2.09% | ₹7.92 Cr | +2.20% | +2.26% | — |
| GMR Airports Ltd. | Construction | 1.98% | ₹7.50 Cr | +2.90% | +2.95% | +2.74% |
| Radhakrishna Securitisation Trust | Others | 1.76% | ₹6.67 Cr | +1.89% | +1.95% | +1.92% |
| Capital Infra Trust | Construction | 1.72% | ₹6.51 Cr | +1.96% | +1.87% | — |
| Aptus Finance India Pvt. Ltd. | Financial | 1.65% | ₹6.26 Cr | +1.91% | +2.14% | +2.38% |
| Raajmarg Infra Investment Trust | Construction | 1.58% | ₹5.98 Cr | +1.69% | +1.88% | — |
| Keystone Realtors Ltd | Construction | 1.57% | ₹5.93 Cr | +2.34% | +2.82% | +2.73% |
| Aptus Value Housing Finance India Ltd. | Financial | 1.48% | ₹5.61 Cr | +1.56% | +1.60% | +1.90% |
| Jubilant Beverages Ltd. | Consumer Staples | 1.48% | ₹5.60 Cr | +1.53% | +1.54% | +1.42% |
| Cube Highways Trust | Services | 1.46% | ₹5.53 Cr | +0.96% | — | — |
| Indus Infra Trust | Construction | 1.42% | ₹5.38 Cr | +2.05% | +0.91% | +0.10% |
| Aditya Birla Renewables Ltd. | Energy | 1.32% | ₹5.00 Cr | +1.39% | +1.43% | +4.15% |
| IndiGrid Infrastructure Trust | Capital Goods | 1.13% | ₹4.27 Cr | +1.44% | +1.38% | — |
| Knowledge Realty Trust | Construction | 0.97% | ₹3.67 Cr | +1.03% | +1.05% | +2.20% |
| Shivshakti Securitisation Trust | Others | 0.76% | ₹2.86 Cr | +0.81% | +0.84% | +0.82% |
| Tamilnadu State | Others | 0.35% | ₹1.33 Cr | +0.38% | +0.38% | +0.37% |
| Embassy Office Parks REIT | Construction | 0.18% | ₹0.67 Cr | +0.19% | +0.18% | +0.18% |
| Citius TransNet Investment Trust | Construction | 0.16% | ₹0.59 Cr | +0.25% | — | — |
| GOI | Sovereign | 0.13% | ₹0.50 Cr | +0.14% | +4.40% | +0.14% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:5536 | 3.55% | 0.00% | -3.55% |
| Navi Finserv Private Ltd. | 0.00% | 2.64% | +2.64% |
| GMR Airports Ltd. | 2.68% | 1.98% | -0.70% |
| Keystone Realtors Ltd | 1.84% | 1.57% | -0.27% |
| Jubilant Bevco Ltd. | 4.25% | 4.46% | +0.21% |
| JTPM Metal Traders Ltd. | 4.10% | 4.28% | +0.18% |
| Narayana Hrudayalaya Ltd. | 3.79% | 3.95% | +0.16% |
| Aditya Birla Digital Fashion Ventures Ltd. | 3.79% | 3.95% | +0.16% |
| Adani Airport Holdings Ltd. | 3.01% | 3.14% | +0.13% |
| Aadhar Housing Finance Ltd | 2.52% | 2.65% | +0.13% |
| Vedanta Ltd. | 3.05% | 3.18% | +0.13% |
| JSW Kalinga Steel Ltd. | 2.62% | 2.75% | +0.13% |
| Godrej Seeds & Genetics Ltd. | 3.12% | 3.25% | +0.13% |
| Altius Telecom Infrastructure Trust | 3.73% | 3.84% | +0.11% |
| Adani Power Ltd. | 2.52% | 2.63% | +0.11% |
| 360 ONE Wealth Ltd. | 2.52% | 2.63% | +0.11% |
| Bamboo Hotel And Global Centre (Delhi) Pvt Ltd. Class A | 2.54% | 2.65% | +0.11% |
| Delhi International Airport Ltd. | 2.59% | 2.69% | +0.11% |
| Kogta Financial India Ltd. | 2.52% | 2.62% | +0.10% |
| Aptus Finance India Pvt. Ltd. | 1.74% | 1.65% | -0.09% |
| Lodha Developers Ltd. | 2.03% | 2.12% | +0.09% |
| Hiranandani Financial Services Pvt. Ltd. | 2.01% | 2.09% | +0.08% |
| Capital Infra Trust | 1.65% | 1.72% | +0.07% |
| Jubilant Beverages Ltd. | 1.41% | 1.48% | +0.07% |
| Veritas Finance Ltd. | 2.54% | 2.61% | +0.07% |
| Knowledge Realty Trust | 0.90% | 0.97% | +0.06% |
| Aptus Value Housing Finance India Ltd. | 1.42% | 1.48% | +0.06% |
| Raajmarg Infra Investment Trust | 1.52% | 1.58% | +0.06% |
| GMR Hyderabad International Airport Ltd. | 2.58% | 2.64% | +0.06% |
| IKF Finance Ltd. | 1.26% | 1.32% | +0.06% |
| Aditya Birla Renewables Ltd. | 1.27% | 1.32% | +0.05% |
| Cube Highways Trust | 1.42% | 1.46% | +0.04% |
| Radhakrishna Securitisation Trust | 1.72% | 1.76% | +0.04% |
| Others | 0.47% | 0.49% | +0.02% |
| Shivshakti Securitisation Trust | 0.74% | 0.76% | +0.02% |
| IndiGrid Infrastructure Trust | 1.11% | 1.13% | +0.02% |
| Indus Infra Trust | 1.43% | 1.42% | -0.01% |
| Citius TransNet Investment Trust | 0.15% | 0.16% | +0.01% |
| Tamilnadu State | 0.34% | 0.35% | +0.01% |
| Embassy Office Parks REIT | 0.17% | 0.18% | +0.01% |
| GOI | 0.13% | 0.13% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,078 Cr | 1.42% | 9.8% | 10.9% | 11.5% |
 SBI Credit Risk Fund | ₹2,177 Cr | 1.54% | 7.0% | 7.5% | 7.5% |
 Aditya Birla Sun Life Credit Risk Fund | ₹1,721 Cr | 1.60% | 8.0% | 11.8% | 11.1% |
 DSP Credit Risk Fund | ₹336 Cr | 1.19% | 10.5% | 12.9% | 13.3% |
 Bank of India Credit Risk Fund | ₹78.52 Cr | 1.36% | 13.6% | 11.4% | 14.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum.
Fund managers
- Akhil Bipin ThakkerMr. Thakker has done MBA in Finance from K J Somaiya Institute of ManagementPrior to joining Axis Mutual Fund, he has worked with CRISIL Ltd and Credit Analysis & Research Ltd.
- Devang ShahMr. Shah is B.Com and ACA.Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.83% absolute | ₹60,000 | ₹62,298 | 3.83% | |
| 1 year6.88% annualised | ₹1,20,000 | ₹1,24,567 | 3.81% | |
| 3 years7.95% annualised | ₹3,60,000 | ₹4,07,734 | 13.26% | |
| 5 years6.86% annualised | ₹6,00,000 | ₹7,17,419 | 19.57% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Axis Credit Risk Fund?
The NAV of Axis Credit Risk Fund is ₹23.58 as on 6 Nov 2026.
What is the expense ratio of Axis Credit Risk Fund?
The expense ratio of Axis Credit Risk Fund is 1.57% per year.
What is the minimum SIP amount for Axis Credit Risk Fund?
You can start a SIP in Axis Credit Risk Fund with ₹3,000 a month.
What returns has Axis Credit Risk Fund given?
Axis Credit Risk Fund has returned 7.0% over 1 year, 7.8% over 3 years and 7.6% over 5 years (annualised).
Is there a lock-in or exit load on Axis Credit Risk Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 months..
How risky is Axis Credit Risk Fund?
Axis Credit Risk Fund is rated High on the SEBI riskometer and belongs to the Credit Risk category.
Which fund house manages Axis Credit Risk Fund?
Axis Credit Risk Fund is managed by Axis Mutual Fund, which runs 74 schemes with ₹3,91,554 Cr under management.