- Mutual Funds
- BOI Mutual Funds
- Bank of India Credit Risk Fund (Growth)
Formerly BOI AXA Credit Risk Reg Gr
Bank of India Credit Risk Fund (Growth)
₹ 11.4438
NAV (Apr 22)
Credit risk funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 11.4438
NAV (Apr 22)
Fund Returns
Last 1Y | 6.7% |
Last 3Y | 40.4% |
Last 5Y | -2.8% |
Last 10Y | NA |
Since Inception | 1.5% |
6 Month CAGR | 3.9% |
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 | 1.46 |
Launched (9y ago) | Feb 27, 2015 |
AUM in Crores | 141.751 |
ISIN | INF761K01DH6 |
Lock-in | No Lock-in |
Benchmark | CRISIL Credit Risk Fund TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 70.7 |
Standard Deviation (5yr) | 63.5 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.607 |
Sharpe Ratio (5yr) | 0.121 |
YTM | 6.95 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Bank of India Credit Risk Fund (Growth) | 6,86,425 | -46,187 | -2.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 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
10.8%godrej industries limited
10.7%steel authority of india limited
10.2%net receivables / (payables)
9.9%century textiles and industries limited
8.6%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Bank of India Investment Managers Private Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
25.4% | 20.4% | ||
25% | 19.8% | ||
31.8% | 12% | ||
24.6% | 17% | ||
25.2% | 19.9% |
Bank 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 1.5% over a period of 9 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 4/22/2024 is ₹11.44 with the total AUM as of 4/23/2024 is ₹141.751. 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 Moderately High 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 Credit Risk Fund TR INR.
Bank of India Credit Risk Fund (G) is rated as a 2 fund in Debt and delivered 6.7% 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 Neutral 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 1.46% for regular plan.