scripbox logo
    scripbox logo
    search iconsearch icon
    user avatarLogin
    • right-arrow
    • Mutual Funds
      right-arrow
    • BOI AXA Mutual Funds
      right-arrow
    • BOI AXA Credit Risk Fund (Growth)

    Formerly BOI AXA Corporate Credit Spectrum Reg Gr

    BOI AXA Mutual Funds

    BOI AXA Credit Risk Fund (Growth)

    DebtCredit Risk

    4.3201

    NAV (Sep 23)

    -31.6%
    3 Year CAGR
    Scripbox Opinion

    Not Recommended

    Click here 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.

    Our analysis of this fundLearn how we rate funds ->

    Track Record

    6 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.

    Relative Size

    74 Cr. Negligible within the category

    Impact of Interest Rate Changes

    Low Interest Rate Risk. The impact on fund value is quite low when interest rates change

    Credit Quality Of Fund's Portfolio

    High Credit Risk. The fund has a lower credit quality compared to other debt funds

    Invest in this fund
    Explore a better alternative to this fund with a Scripbox plan.
    Short Term Money

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment

    No single fund can achieve what a plan can. Learn why

    chart-amc-about

    Historical NAV

    4.3201

    NAV (Sep 23)

    Fund Returns

    Last 1Y
    10.6%
    Last 3Y
    -31.6%
    Last 5Y
    -18.1%
    Last 10Y
    NA
    Since Inception
    -12%
    6 Month CAGR
    7.8%
    info-icon-blue

    Scheme Information

    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.

    Low

    Low to Moderate

    Moderate

    Moderately High

    High

    Very High

    risk-indicator-arrow.svg

    Very High Risk

    Expense Ratio
    1.51
    Launched (6y ago)
    Feb 27, 2015
    AUM in Crores
    73.722
    ISIN
    INF761K01DH6
    Lock-in
    No Lock-in
    Benchmark
    CRISIL Short Term Bond Fund TR INR
    SIP Minimum
    0
    Lumpsum Min.
    5000
    Fund Managers
    user-avatar

    Alok Singh

    Fund Manager

    calculator

    Returns Calculator Comparison

    of

    for

    with step up of

    InstrumentReturnsTotal CorpusGainsAnnualised %
    Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
    EPF70% ₹ 900,761 ₹ 168,1498.50%
    Property70% ₹ 867,662 ₹ 135,0507.00%
    PPF70% ₹ 869,819 ₹ 137,2077.10%
    Bank FD70% ₹ 846,471 ₹ 113,8596.00%
    Gold70% ₹ 846,471 ₹ 113,8596.00%
    Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

    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.

    build-long-item-wealth-img

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • Inflation beating returns
      Inflation beating returns
    • Expert Investing Only, Car, Down Payment
      Expert Investing Only, Car, Down Payment
    • One click investing  tracking
      One click investing tracking
    comparison

    Comparison with Debt Funds

    Fund NameScripbox OpinionFund SizeTrack Record

    Kotak Savings Fund (G)

    recommended-badge

    ₹ 13,951 cr

    5

    recommended-badge

    ₹ 33,662 cr

    5

    recommended-badge

    ₹ 11,134 cr

    5

    recommended-badge

    ₹ 31,274 cr

    5

    recommended-badge

    ₹ 24,210 cr

    5

    amc-icon

    About the AMC

    BOI AXA Investment Mngrs Private Ltd

    BOI AXA Investment Mngrs Private Ltd manages assets worth 2,534 crores and was set up on 12 April 2007. It's current offering of mutual fund schemes includes 29 equity,24 debt and 25 hybrid funds.

    amc-img

  • tel-amc-about
    022-40479000
  • mail-amc-about
    service@boiaxa-im.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    top-ranked-badge

    26.8%

    21%

    top-ranked-badge

    5%

    6.8%

    top-ranked-badge

    0%

    0%

    top-ranked-badge

    26%

    20.4%

    top-ranked-badge

    5.7%

    7.4%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How to invest in best mutual funds?

    Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.

    01

    Choose a plan

    Choose a plan to invest to start investing

    02

    Create an Account

    Create an account with Scripbox through a paperless process, to invest in this fund.

    03

    Invest online & transfer

    Invest via netbanking, UPI or through an SIP (eNACH mandate).

    04

    Track your investments

    Track, invest more and withdraw your investments through the Scripbox dashboard

    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    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?
    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.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund 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

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About BOI AXA Credit Risk Fund (G)

    About BOI AXA Credit Risk Fund (G)

    BOI AXA Credit Risk Fund (G) is a Credit Risk Debt fund and has delivered an annualised return of -12% over a period of 6 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 (G) 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 (G) NAV,AUM,Risk

    The BOI AXA Credit Risk Fund (G) fund was launched on Feb 27, 2015. The NAV (Net Asset Value) of this Credit Risk Debt fund as of 2021-09-23 is ₹4.32. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹73.722. The category risk of the BOI AXA Credit Risk Fund (G) fund is Very High Risk. The fund charges 1.51 % as expense ratio.

    BOI AXA Credit Risk Fund (G) Holdings

    The fund’s highest allocation is towards Others and has invested 76.1% in this asset class. The top three holdings of the fund are , repo , marck remedies private limited , treps , icici securities primary dealership limited , axis bank limited , net receivables / (payables) , amanta healthcare limited , l&t infrastructure finance company limited , accelarating education and development private limited , accelarating education and development private limited

    BOI AXA Credit Risk Fund (G) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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 (G) 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.

    BOI AXA Credit Risk Fund (G) Review

    BOI AXA Credit Risk Fund (G) has a score of 1 on a scale of 5. The fund has a score of 3 out of 5 based on historical performance. As compared to the other funds in its category, BOI AXA Credit Risk Fund (G) has a score of 1out of 5 The credit risk of the fund is 2 out of 5 as compared to other debt funds.

    Get started with investing today

    Invest in the best mutual funds recommended by Scripbox that are algorithmically selected that best suit your needs.

    filter
    Show Calculator