Bank of India Credit Risk Fund Direct Growth

Bank of India Credit Risk Fund Direct Growth

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Debt
Direct
Credit Risk
NAV: ₹ 11.73 as on 22-05-2024

About the Fund

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.

Key Parameters

  1. Bank of India Credit Risk Fund Direct Growth has ₹129 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 1.2.
Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 13.2L in Bank of India Credit Risk Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
1.18%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹129 Cr
Inception Date
Inception Date
27 February, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
4%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
107.5%

Bank of India Credit Risk Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AA
81.2%
AAA
18.8%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
48.6%
Cash Equivalent
33.9%
Government
17.5%

Top Holdings of Bank of India Credit Risk Fund Direct Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings1
Debt Holdings10
Holdings
Weight%
1M Change
Amanta Healthcare Limited
Amanta Healthcare Limited
0%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 137.5 Cr
₹ 141.8 Cr
₹ 141.9 Cr
  • AUM of the fund stands at 137.5 Cr as of Apr'24
  • AUM decreased by 4.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has experienced a 6.4% drop in AUM moving from 138.03 Cr to 129.23 Cr.
Insights icon
In the last 5 years, DSP Credit Risk Fund Direct Plan Growth has given 8.25% return, outperforming this fund by 9.5% per annum.
Insights icon
In the last 3 years, this fund has outperformed all funds in its category.
Insights icon
In the last 1 year, DSP Credit Risk Fund Direct Plan Growth has given 16.13% return, outperforming this fund by 9.14%.
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This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 1.18% which is lower than the category average expense ratio of 1.21%.

Fund Manager

Alok Singh
Alok Singh
Fund Manager of Bank of India Credit Risk Fund Direct Growth, since 27 February 2015

Bank of India Credit Risk Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 1.74% since inception which is less than its category average return of 5.26%
AUM size ₹129 Cr

AUM size ₹129 Cr

This fund has AUM of ₹129 Cr which is less than its category average of ₹ 1237 Cr
Expense Ratio 1.18%

Expense Ratio 1.18%

This fund has an expense ratio of 1.18% which is more than its category average expense ratio of 1.15%

Frequently Asked Questions

The current NAV of Bank of India Credit Risk Fund Direct Growth is ₹11.73 as on 22-May-2024.
Existing (Absolute + CAGR) as on 22-May-2024.
Bank of India Credit Risk Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.49%
0.49%
6 Month Returns
4.02%
4.02%
1 Year Returns
6.99%
6.99%
3 Years Returns
175.85%
40.25%
5 Years Returns
-6.08%
-1.25%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
1.18% as on April 2024
₹129 Cr as on April 2024
Century Textiles And Industries Limited(9.17%), Steel Authority Of India Limited(8.92%), JSW Steel Limited(7.79%), TATA Motors Limited(7.75%), Gic Housing Finance Limited(7.74%) as on April 2024
Corporate(47.98%), Cash Equivalent(43.07%), Government(8.95%) as on April 2024
Yield to Maturity is 7 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.64 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
81.17
AAA
18.83
Alok Singh is the fund manager of Bank of India Credit Risk Fund Direct Growth
The Exit load of Bank of India Credit Risk Fund Direct Growth is 4%