- Mutual Funds
- BOI AXA Mutual Funds
- Bank of India Credit Risk Fund (Growth)
Formerly BOI AXA Credit Risk Reg Gr
Bank of India Credit Risk Fund (Growth)
₹ 10.2864
NAV (Jun 27)
However, Scripbox does not recommend investing in credit risk mutual funds.
Credit Risk Funds are mandated to invest more than 65% of the portfolio in Corporate Bonds rated AA or below.
These instruments carry a high default risk.
The events of the recent past have shown the impact of poor credit quality on such funds.
Track Record
7 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.
Relative Size
166 Cr. Negligible within the category
Impact of Interest Rate Changes
High Interest Rate Risk. The impact on fund value is high when interest rates change
Credit Quality Of Fund's Portfolio
Highest Credit Risk. The fund has poor credit quality compared to other debt funds
Scripbox Recommended Debt Funds
Want the floating rate funds that are right for your short term investment needs?
Learn more
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.2864
NAV (Jun 27)
Fund Returns
Last 1Y | 142.2% |
Last 3Y | 1.4% |
Last 5Y | -3.9% |
Last 10Y | NA |
Since Inception | 0.4% |
6 Month CAGR | 137.1% |
Scheme Information
The Scheme's investment objective is to generate capital appreciation over the long term by investing predominantly in corporate debt across the credit spectrum within the universe of investment grade rating. To achieve this objective,the Scheme will seek to make investments in rated,unrated instruments and structured obligations of public and private companies.
Expense Ratio | 1.56 |
Launched (7y ago) | Feb 27, 2015 |
AUM in Crores | 165.970 |
ISIN | INF761K01DH6 |
Lock-in | No Lock-in |
Benchmark | CRISIL Short Term Bond Fund TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
treps
26%tata motors finance limited
9.6%vedanta limited
9.4%steel authority of india limited
9.3%piramal capital & housing finance limited
9%Comparison with Debt Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 44,308 cr | |||
₹ 14,441 cr | |||
₹ 18,739 cr | |||
₹ 12,059 cr | |||
₹ 44,308 cr |
About the AMC
BOI AXA Investment Mngrs Private Ltd
Bank of India Investment Managers Private Limited manages assets worth 2,894 crores and was set up on 12 April 2007. It's current offering of mutual fund schemes includes 29 equity,28 debt and 25 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
19.6% | 18.1% | ||
19% | 17.5% | ||
19.1% | 17.5% | ||
18.4% | 17.2% | ||
19.1% | 17.5% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsBank of India Credit Risk Fund (G) Review
Bank of India Credit Risk Fund (G) is a Credit Risk Debt fund and has delivered an annualised return of 0.4% over a period of 7 years. The fund was previously known as BOI AXA Credit Risk Reg Gr. The fund is managed by Bank of India Investment Managers Private Limited. The fund manager’s name is Alok Singh.
Nav of Bank of India Credit Risk Fund (G) as of 6/27/2022 is ₹10.29 with the total AUM as of 6/28/2022 is ₹165.97. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bank of India Credit Risk Fund (G) was launched on Feb 27, 2015. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for Bank of India Credit Risk Fund (G) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Bank of India Credit Risk Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Short Term Bond Fund TR INR.
Bank of India Credit Risk Fund (G) is rated as a 1 fund in Debt and delivered 142.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bank of India Credit Risk Fund (G).
Frequently Asked Questions
What is Bank of India Credit Risk Fund (G)?
How to invest in Bank of India Credit Risk Fund (G)?
You can invest in Bank of India Credit Risk Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Bank of India Credit Risk Fund (G)?
The minimum sip amount for Bank of India Credit Risk Fund (G) is ₹0. You can invest in multiples of ₹5000.
Is Bank of India Credit Risk Fund (G) good to invest in?
As per Scripbox experts, Bank of India Credit Risk Fund (G) is a Not Recommended fund. You can investBank of India Credit Risk Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Bank of India Credit Risk Fund (G)?
The expense ratio of the Bank of India Credit Risk Fund (G) is 1.56% for regular plan.