NAV as on 28-03-2025
₹ 12.24
▲0.1%
1D
Inception Returns
2%
/yr
Bank of India Credit Risk Fund Direct Growth is a debt fund. This fund was started on 27 February, 2015. The fund is managed by Alok Singh. This fund is suitable to keep your money safe.
Bank of India Credit Risk Fund Direct Growth has given a CAGR return of 2.03% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.30%, 37.68% and 9.89% respectively.
Bank of India Credit Risk Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent. Its top holdings are 7.99% Rashtriya Chemicals And Fertilizers Limited, JSW Steel Limited, Nirma Limited, 360 One Prime Limited, Century Textiles And Industried Limited
As it is a credit risk mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
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.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Bank of India Credit Risk Fund Direct Growth has no lock in period.
Expense ratio | 0.98% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹113 Cr |
Inception Date | 27 February, 2015 |
Min Lumpsum/SIP | --/-- |
Exit Load | 4.0% |
Lock In | No Lock-in |
TurnOver | 81.61% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | High Risk |
as on (28-Mar-25)
as on (31-Dec-69)
Top Sector in February was Corporate
More funds from BOI AXA
Bank of India Short Term Income Fund Direct Plan Growth
5Y CAGR
▲ 8.44
Bank of India Liquid Fund Direct Plan Growth
5Y CAGR
▲ 5.51
Bank of India Ultra Short Duration Fund Direct Plan Growth
5Y CAGR
▲ 5.51
Bank of India Overnight Fund Direct Growth
5Y CAGR
▲ 5.14
Bank of India Credit Risk Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.58% | 0.58% |
6 Month Returns | 2.99% | 2.99% |
1 Year Returns | 5.3% | 5.3% |
3 Years Returns | 160.99% | 37.68% |
5 Years Returns | 60.28% | 9.89% |
AA | 86.95 |
AAA | 13.05 |