Bank of India Credit Risk Fund Direct Growth
Bank of India Credit Risk Fund Direct Growth

Bank of India Credit Risk Fund Direct Growth

Debt
Direct
Credit Risk

NAV: ₹ 10.6 as on 28-09-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0%
1.1%
125.1%
141.3%
13.6%
-3.9%
Benchmark
-0.1%
1.4%
9.4%
14.3%
5.5%
3.7%
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 a NAV of 10.5599 as on 28-09-2022.

2) Bank of India Credit Risk Fund Direct Growth has 166 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 1.28 %.

Fund Overview

Expense ratio
Expense ratio
1.28%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹166 Cr
Inception Date
Inception Date
27 February, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹0
Exit Load
Exit Load
4%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
47.64%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AA
80.2%
AAA
18.7%
BelowB
1.1%

Sector Allocation

Aug'22

Jul'22

Jun'22

Corporate

53.3%

Government

24.4%

Cash Equivalent

22.3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings16
Equity Holdings1
Debt Holdings15
Holdings
Weight%
Holdings Trend
1M Change
icon
Treps
10.54%
0%
icon
TATA Motors Finance Limited
9.6%
0%
icon
Steel Authority Of India Limited
9.3%
0%
icon
Piramal Capital & Housing Finance Limited
9.08%
0%
icon
Vedanta Limited
9.06%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 0.3 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 166.3 Cr
Jul'22
₹ 166 Cr
Jun'22
₹ 166.5 Cr

Fund Returns vs Benchmark

Aug'22
0.61%
0.86%
Jul'22
0.61%
0.86%
Jun'22
0.34%
0.21%
Fund Return
Benchmark Return

Fund Manager

Alok Singh

Alok Singh

Managing this fund since 27 February 2015

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Bank of India Flexi Cap Fund Direct Growth
0%
15.53%
Bank of India Large & Mid Cap Equity Fund Direct Plan Growth
17.64%
17.4%
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
24.74%
13.63%

AMC details

Address
Bank of India Investment Managers Private Limited,B/204, Tower 1, Peninsula Corporate Park,,Ganpatrao Kadam Marg,,Lower Parel, Mumba
Phone
+912240479000
Fund House
Bank of India Investment Managers Private Limited

Fund Highlights

meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 0.72% since inception which is less than its category average return of 5.18%
AUM size ₹166 Cr

AUM size ₹166 Cr

This fund has AUM of ₹166 Cr which is less than its category average of ₹ 1406 Cr
Expense Ratio 1.28%

Expense Ratio 1.28%

This fund has an expense ratio of 1.28% which is more than its category average expense ratio of 1.18%

Frequently Asked Questions

The current NAV of Bank of India Credit Risk Fund Direct Growth is 10.56.
Existing (Absolute + CAGR)
Bank of India Credit Risk Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
125.1%
125.1%
1 Year Returns
141.26%
141.26%
3 Years Returns
46.45%
13.56%
5 Years Returns
-18.09%
-3.91%
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.
1.28 as on August 2022
166 Cr as on August 2022
6.33
1.04
AA
80.22
AAA
18.67
BelowB
1.12
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%