Bank of India Credit Risk Fund Direct Growth
DebtCredit RiskModerately High risk
Direct
NAV (19-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹115 Cr
Expense Ratio
1.03%
ISIN
INF761K01DG8
Minimum SIP
₹5,000
Exit Load
4.00%
Inception Date
27 Feb 2015
About this fund
As of 19-Nov-24, it has a Net Asset Value (NAV) of ₹12.01, Assets Under Management (AUM) of 114.70 Crores, and an expense ratio of 1.03%.
- Bank of India Credit Risk Fund Direct Growth has given a CAGR return of 1.90% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 58.19% in debts, and 41.43% in cash & cash equivalents.
- You can start investing in Bank of India Credit Risk Fund Direct Growth with a SIP of ₹5000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+6.55%
+7.85% (Cat Avg.)
3 Years
+39.91%
+9.04% (Cat Avg.)
5 Years
+10.90%
+6.55% (Cat Avg.)
Since Inception
+1.90%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹66.75 Cr | 58.19% |
| Others | ₹47.96 Cr | 41.81% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹18.49 Cr | 16.12% |
| Aditya Birla Real Estate Limited | Bond - Corporate Bond | ₹11.93 Cr | 10.40% |
| Net Receivables / (Payables) | Cash | ₹11.68 Cr | 10.18% |
| 7.99% Rashtriya Chemicals And Fertilizers Limited | Bond - Corporate Bond | ₹10.06 Cr | 8.77% |
| JSW Steel Limited | Bond - Corporate Bond | ₹10.04 Cr | 8.75% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹10.01 Cr | 8.72% |
| Gic Housing Finance Limited | Bond - Corporate Bond | ₹10 Cr | 8.72% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹10 Cr | 8.72% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹9.94 Cr | 8.67% |
| National Bank For Agriculture And Rural Development (07/02/2025) ** # | Cash | ₹7.36 Cr | 6.41% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹4.77 Cr | 4.16% |
| Corporate Debt Market Development Fund | Mutual Fund - Open End | ₹0.43 Cr | 0.38% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹76.75 Cr | 66.91% |
| Cash | ₹19.03 Cr | 16.59% |
| Cash - Repurchase Agreement | ₹18.49 Cr | 16.12% |
| Mutual Fund - Open End | ₹0.43 Cr | 0.38% |
| Preferred Stock | ₹0 Cr | - |
| Cash - CD/Time Deposit | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
70.75%
Cat. avg.
6.91%
Lower the better
Sharpe Ratio
This fund
0.59
Cat. avg.
0.22
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
5.53
Higher the better
Fund Managers
Alok Singh
Since February 2015
Additional Scheme Detailsas of 31st October 2024
ISIN INF761K01DG8 | Expense Ratio 1.03% | Exit Load 4.00% | Fund Size ₹115 Cr | Age 9 years 8 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Credit Risk Fund TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Credit Risk Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Credit Risk Fund Regular Growth Moderately High risk | 1.7% | 1.0% | ₹305.41 Cr | 7.3% |
| Bandhan Credit Risk Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹305.41 Cr | 8.4% |
| Aditya BSL Credit Risk Fund Regular Growth Moderately High risk | 1.5% | 3.0% | ₹936.00 Cr | 11.9% |
| Aditya BSL Credit Risk Fund Direct Growth Moderately High risk | 0.7% | 3.0% | ₹936.00 Cr | 12.9% |
| Baroda BNP Paribas Credit Risk Fund Regular Growth Moderately High risk | 1.6% | 1.0% | ₹164.92 Cr | 8.3% |
| Baroda BNP Paribas Credit Risk Fund Direct Growth Moderately High risk | 0.8% | 1.0% | ₹164.92 Cr | 9.1% |
| UTI Credit Risk Fund Regular Growth Moderately High risk | 1.6% | 1.0% | ₹324.65 Cr | 7.9% |
| Nippon India Credit Risk Fund Regular Growth High Risk | 1.5% | 1.0% | ₹991.65 Cr | 8.2% |
| SBI Credit Risk Fund Regular Growth High Risk | 1.6% | 3.0% | ₹2303.51 Cr | 8.0% |
| DSP Credit Risk Fund Regular Growth Moderately High risk | 1.1% | 1.0% | ₹188.05 Cr | 7.7% |
About the AMC
BOI Mutual Fund
Total AUM
₹10,514 Cr
Address
B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013
Other Funds by BOI Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
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- Alok Singh
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