Axis Credit Risk Fund

Direct Plan · Monthly IDCW Option · Credit Risk · Scheme code 130312

NAV₹10.1710as on 25 Sep 2026

Fund houseAxis Mutual Fund

CategoryCredit Risk

Plan & optionDirect · Monthly IDCW Option

History12.2 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	-0.70	-0.10	0.23	0.26	0.38	0.00	0.39	0.07	0.15
Credit Risk category median	—	—	—	7.61	8.66	7.44	—	7.80	—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	2.8%	-2.19	-2.38	—	—	-6.0%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Drawdown from peak (%)

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
541	-3.4%	0.1%	3.6%	47%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

Axis Credit Risk Fund

Direct Plan · Monthly IDCW Option

Allocation

By asset

Debt	83.76%
Cash & Equivalents	7.41%
Equity	5.86%
REITs / InvITs	2.49%
AIF Units	0.47%

By market cap

Concentration

Number of stocks	47
Top 5 stocks	19.66%
Top 10 stocks	36.06%
Top 20 stocks	61.69%
Lines in the filing	49

Largest holding	4.25%
Largest sector	CRISIL AA 19.29%
Effective stocks	41.3
Sectors held	20
Cash	7.41%

Effective stocks is what the concentration works out to: a fund holding 47 names but most of its money in a few behaves like a fund of 41. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL AA	19.29%
ICRA AA	14.72%
CARE AA-	8.01%
Cash & Equivalents	7.41%
CRISIL AA-	6.80%
Sovereign	6.06%
ICRA AA+	5.63%
Transport Infrastructure	4.52%
CRISIL AAA	3.73%
CARE A1+	3.55%
CARE AA	3.16%
CRISIL A+	2.68%
ICRA A+(CE)	2.54%
CRISIL AAA(SO)	2.46%
CARE A+	2.01%
ICRA AA-	1.84%
Construction	1.65%
CRISIL AA+	1.28%
Power	1.11%
Realty	1.07%

Axis Credit Risk Fund

Direct Plan · Monthly IDCW Option · holdings

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	Jubilant Bevco Limited (31/05/2028) (ZCB)	CRISIL AA	1,500	17	4.25%
2	JTPM Metal Traders Limited (29/09/2028) (ZCB)	CRISIL AA	1,500	16	4.10%
3	Net Receivables / (Payables)	Unclassified	—	16	3.97%
4	8.8% Aditya Birla Digital Fashion Ventures Limited (26/08/2027)	CRISIL AA-	1,500	15	3.79%
5	8.4% Narayana Hrudayalaya Limited (15/02/2030)	ICRA AA	1,500	15	3.79%
6	7.45% Altius Telecom Infrastructure Trust (20/04/2035)	CRISIL AAA	1,500	15	3.73%
7	6.68% Government of India (07/07/2040)	Sovereign	1,500,000	14	3.67%
8	Small Industries Dev Bank of India (11/08/2027)	CARE A1+	300	14	3.55%
9	Clearing Corporation of India Ltd	Unclassified	—	14	3.44%
10	7.68% Godrej Seeds & Genetics Limited (27/10/2028)	CRISIL AA	1,250	12	3.12%
11	9.40% Vedanta Aluminium Metal Limited (20/02/2027)	ICRA AA+	1,200	12	3.05%
12	8.45% Adani Airport Holdings Limited (12/02/2029)	CRISIL AA-	1,200	12	3.01%
13	5% GMR Airports Limited (13/02/2027)	CRISIL A+	1,000	11	2.68%
14	JSW Kalinga Steel Limited (23/03/2029) (ZCB)	CRISIL AA	1,000	10	2.62%
15	9.5% Delhi International Airport Limited (22/03/2034)	ICRA AA	1,000	10	2.59%
16	8.58% GMR Hyderabad International Airport Limited (28/03/2034)	ICRA AA+	1,000	10	2.58%
17	Bamboo Hotel And Global Centre (Delhi) Private limited (31/01/2028)	ICRA A+(CE)	1,000	10	2.54%
18	9.75% Veritas Finance Private Limited (28/11/2026)	CARE AA-	1,000	10	2.54%
19	8.20% Adani Power Limited (25/01/2029)	CRISIL AA	1,000	10	2.52%
20	Aadhar Housing Fin FRN 3MTBIL+2.5% Aadhar Housing Finance Limited (03/08/2029) (FRN)	ICRA AA	1,000	10	2.52%
21	9.5% Kogta Financial (India) Limited (30/10/2027)	CARE AA-	1,000	10	2.52%
22	8.8% 360 One Prime Limited (22/06/2028)	ICRA AA	1,000	10	2.52%
23	7.96% Lodha Developers Limited (07/07/2028)	ICRA AA	800	8	2.03%
24	9.01% Hiranandani Financial Services Private Limited (30/03/2029)	CARE A+	800	8	2.01%
25	9.5% Keystone Realtors Limited (29/09/2028)	ICRA AA-	1,000	7	1.84%
26	8.95% Aptus Finance India Private Limited (06/03/2029)	CARE AA	1,000	7	1.74%
27	Radhakrishna Securitisation Trust (28/09/2028)	CRISIL AAA(SO)	7	7	1.72%
28	9.4% IKF Finance Limited (12/08/2027)	CARE AA-	1,000	7	1.69%
29	Capital Infra Trust	Construction	845,000	7	1.65%
30	Raajmarg Infra Investment Trust	Transport Infrastructure	494,195	6	1.52%

Axis Credit Risk Fund

Direct Plan · Monthly IDCW Option · where the money sits

What the manager did last month

Between the filings of 31 Jul 2026 and 31 Aug 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

Bought	Sold	New positions	Sold out of	Price move of holdings
₹0 cr	₹3 cr	0	0	+0.88%

Stock	Shares traded	Shares	Price	Value ₹ cr
Trimmed
Indus Infra Trust	158,395	-27.2%	+1.2%	2.1
Capital Infra Trust	114,875	-12.0%	+3.8%	0.9
Raajmarg Infra Investment Trust	5,805	-1.2%	+4.3%	0.1

Not equity	Previous filing	This filing	Change
Cash, repo and TREPS	₹0 cr	₹0 cr	+₹0 cr
Debt: bills, CDs and commercial paper	₹296 cr	₹332 cr	+₹36 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

Invested	Value	Gain	XIRR
₹600,000	₹604,788	₹4,788	0.31%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 26 Sep 2026.