HealthyDirect · GrowthFit for a long SIP
Axis Credit Risk Fund
Axis Mutual FundIncome/Debt Oriented Schemes - Credit Risk Fund12.3 years
- NAV
- 26.453
- 29 Oct 2026
- 1Y
- +7.2%
- Trailing CAGR
- AUM
- ₹378.33 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.6% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 62% of rolling 3-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Pass
12.3 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.82% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -3.5%. Ask whether you can hold through a similar fall.
Vs category
Pass
62% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 37.3% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+7.2%
- 3Y+8.6%
- 5Y+7.6%
- 10Y+7.6%
- SI+8.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.9%
- 3Y+8.2%
- 5Y+8.2%
- 10Y+7.7%
- Since inception
- +8.2%
- Calendar-day CAGR
- Excess 1Y
- +1.4%
- Category median, same plan and option
- 3Y win rate
- +62%
- Windows beating the median
- 3Y percentile
- 50
- Vs comparable share classes
- SIP 3Y XIRR
- +8.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.3%
- 2253 daily-ending windows
- Median rolling 3Y
- +7.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1770 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -3.5%
- Worst peak-to-trough
- Current
- -0.1%
- Below last peak
- Current spell
- 22 days
- Days below latest peak
- Time below peak
- +35%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 290 recovered episodes
- Longest recovery
- 141 days
- Trough to prior peak
31 May 2019 – 23 Oct 2019
Trough 4 Jun 2019 · recovered in 141 days
-3.5%
6 Mar 2020 – 31 Mar 2020
Trough 24 Mar 2020 · recovered in 7 days
-2.1%
23 Apr 2020 – 28 May 2020
Trough 29 Apr 2020 · recovered in 29 days
-1.5%
7 Apr 2022 – 5 Jul 2022
Trough 6 May 2022 · recovered in 60 days
-0.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
50
Vs category
59
Consistency
64
Risk-adjusted
98
Drawdown
91
Mean
72
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 62% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 48 holdings · top 10 are 37.3%.
- Top 5
- 20.5%
- Top 10
- 37.3%
- Largest holding
- 4.5%
- Effective holdings
- 37.1
JUBILANT BEVCO LIMITED NCD 31MY28 FVRS1LAC
Consumer Staples
4.5%
JTPM METAL TRADERS LIMITED NCD 30AP30 FVRS1LAC
Materials
4.3%
NARAYANA HRUDAYALAYA LIMITED 8.40 NCD 15FB30 FVRS1LAC
Healthcare
4.0%
ADITYA BIRLA DIGITAL FASHION VENTURES LIMITED 8.80 NCD 26AG27 FVRS1LAC
Consumer Discretionary
4.0%
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
Entities
3.9%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
HSBC Credit Risk Fund
HSBC Mutual Fund
- 1Y
- +5.6%
- 3Y
- +11.5%
- Vol
- 5.7%
- Max DD
- -0.4%
- Sharpe
- 0.80
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
HDFC Credit Risk Fund
HDFC Mutual Fund
- 1Y
- +6.0%
- 3Y
- +8.0%
- Vol
- 1.5%
- Max DD
- -2.6%
- Sharpe
- 1.83
- 3Y win
- +56%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Invesco India Credit Risk Fund
Invesco Mutual Fund
- 1Y
- +6.9%
- 3Y
- +8.8%
- Vol
- 2.9%
- Max DD
- -8.0%
- Sharpe
- 0.49
- 3Y win
- +38%
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
UTI - Credit Risk Fund.
UTI Mutual Fund
- 1Y
- +5.6%
- 3Y
- +7.6%
- Vol
- 6.2%
- Max DD
- -34.4%
- Sharpe
- -0.04
- 3Y win
- +34%
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns