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for top ranked funds in
credit risk mutual funds.
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.
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.
Low
Moderately Low
Moderate
Moderately High
High
Moderate Risk
1.51%
Expense Ratio
27th Feb, 2015
Launched (5y ago)
₹
68
AUM in Crores
INF761K01DH6
ISIN
No Lock-in
Lock-in
CRISIL Short Term Bond Fund TR INR
Benchmark
₹
0
SIP Minimum
₹
5000
Lumpsum Min.
Fund Managers
Alok Singh
Fund Manager
Returns Calculator Comparison
of
for
Instrument
Returns
Total Corpus
Gains
Annualised %
Mutual Fund
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
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.
BOI AXA Investment Mngrs Private Ltd manages assets worth ₹ 2,665 crores. It's current offering of mutual fund schemes includes 29 equity, 24 debt and 25 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Top Ranked
These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.
Not Recommended
Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are
preferred
Category View
We check if the sub-category of the fund is recommended by us
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Equity Funds
Debt Funds
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The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7
years
You'll never have to worry about what funds to choose. We'll suggest
what's best for you.
Continuous monitoring alerts
We will track our recommendations and suggest changes fund exists
whenever required.
All week call assistance
Our customer champions are available 7 days a week from 8AM to 8PM.
Annual reviews rebalances
We review your investments and make course corrections every year to
make the best out of your investments
About BOI AXA Credit Risk fund (Growth)
About BOI AXA Credit Risk fund (Growth)
BOI AXA Credit Risk fund (Growth) is a Credit Risk Debt fund and has delivered an annualised return of -15.23% over a period of 5 years.
The fund was previously known as BOI AXA Corporate Credit Spectrum Reg Gr.
The fund is managed by BOI AXA Investment Mngrs Private Ltd.
The fund manager’s name is Alok Singh.
BOI AXA Credit Risk fund (Growth) Investment Objective
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.
However, there is no assurance that the objective of the scheme will be realized.
BOI AXA Credit Risk fund (Growth) NAV, AUM and Risk
The fund was launched on 2015-02-27. The NAV of the fund as of 2020-10-23 is ₹ 3.93. The total AUM of the fund as of 2020-10-23 is ₹ 68 Cr. The category risk of the fund is Moderate Risk
The fund charges 1.51 % as expense ratio.
BOI AXA Credit Risk fund (Growth) Holdings
The fund’s highest allocation is towards others and has invested 60.38% in this asset class.
The top three holdings of the fund are repo, housing development finance corporation limited and marck remedies private limited.
BOI AXA Credit Risk fund (Growth) SIP
The minimum SIP(Systematic Investment Plan) amount for this 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.
BOI AXA Credit Risk fund (Growth) Investment volatility and Horizon
This fund 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.
