Formerly BOI AXA Corporate Credit Spectrum Reg Gr
₹ 3.9915
NAV (Mar 02)
Not Recommended
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
6 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.
Relative Size
70 Cr. Negligible within the category
Impact of Interest Rate Changes
Moderate Interest Rate Risk. The impact on fund value is moderate 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
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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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
1.51 %
Expense Ratio
Feb 27, 2015
Launched (6y ago)
₹ 70
AUM in Crores
INF761K01DH6
ISIN
No Lock-in
Lock-in
CRISIL Short Term Bond Fund TR INR
Benchmark
₹ 0
SIP Minimum
₹ 5,000
Lumpsum Min.
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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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Ultra Short
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About the AMC
BOI AXA Investment Mngrs Private Ltd
BOI AXA Investment Mngrs Private Ltd manages assets worth 2,275 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.
Tax Saving
Top Ranked
₹ 368 Cr
Fund Size
13.2%
3Y returns
Liquid
Top Ranked
₹ 368 Cr
Fund Size
5.8%
3Y returns
Liquid
Top Ranked
₹ 368 Cr
Fund Size
N/A
3Y returns
Tax Saving
Top Ranked
₹ 368 Cr
Fund Size
12.4%
3Y returns
Ultra Short
Top Ranked
₹ 382 Cr
Fund Size
6.5%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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BOI AXA Credit Risk fund (G) is a credit risk debt fund and has delivered an annualised return of -14.2% 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.
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.
The BOI AXA Credit Risk fund (G) fund was launched on Feb 27, 2015. The NAV (Net Asset Value) of this credit risk debt as of 2021-03-02 is ₹ 3.9915. The total AUM (Asset Under Management) of the fund as of 2021-03-03 is ₹ 69.728. The category risk of the BOI AXA Credit Risk fund (G) fund is Very High Risk. The fund charges 1.51 % as expense ratio.
The fund’s highest allocation is towards others and has invested 75.0% in this asset class. The top three holdings of the fund are marck remedies private limited,dinram holdings private limited and amanta healthcare limited
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.
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) has a score of 1 on a scale of 5. The fund scores 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 1 out of 5. The credit risk of the fund is 2 out of 5 as compared to other debt funds.