INF761K01DH6

CASPeR Ranking #2

Bank of India Credit Risk Fund Regular Growth

Moderately High risk Credit Risk Fixed Income

NAV (Thu Sep 19 2024)

₹12

Returns (Since Inception)

39.13%

Category Average

9.40%

Rating

3

Allocation and Holdings

Asset class

Weightage

Unknown

64.37%

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Overall rating

100K+Downloads

Scheme Information

Fund name

Bank of India Credit Risk Fund Regular Growth


Minimum SIP

1000


Risk Level

Moderately High risk


AUM

₹114.63 Cr


ISIN

INF761K01DH6


Inception Date

Feb 27 2015


Standard Deviation

70.745


Beta

-


Sharpe Ratio

0.587


Benchmark

CRISIL Short Term Bond Fund TR INR


Expense Ratio

1.530%


Exit Load

Exit Load- • % if redeemed within 12 months from the date of allotment • 2% if redeemed after 12 months but within 24 months from the date of allotment • 2% if redeemed after 24 months but within 36 months from the date of allotment • Nil if redeemed after 36 months from the date of allotment

Risk

Moderately High risk

Investment Objective

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.

Fund Managers

Alok Singh

About the AMC

Bank of India Investment Managers Private Limited


Phone Number

+91 22 40479000

Email Address

service@boimf.in

Corporate Office Address

Bank of India Investment Managers Private Limited,B/204, Tower 1, Peninsula Corporate Park,,Ganpatrao Kadam Marg,,Lower Parel, Mumba

Overall AUM

₹114.63 Cr


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frequently asked questions

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What is the current NAV of Bank of India Credit Risk Fund Regular Growth?

The NAV of Bank of India Credit Risk Fund Regular Growth is ₹12 as of Thu Sep 19 2024.

Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.

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Who is the fund manager of Bank of India Credit Risk Fund Regular Growth?

Alok Singh is the current fund manager of Bank of India Credit Risk Fund Regular Growth as on Fri Sep 20 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.

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What is the expense ratio of Bank of India Credit Risk Fund Regular Growth?

The Expense Ratio of Bank of India Credit Risk Fund Regular Growth is 153.00% as of Fri Sep 20 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 153.00% of those returns will be retained by the AMC.

The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).

Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.

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What is the minimum SIP amount of Bank of India Credit Risk Fund Regular Growth?

The minimum Systematic Investment Plan (SIP) amount required for Bank of India Credit Risk Fund Regular Growth is ₹1,000. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.

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What is the minimum lump sum amount required to invest in Bank of India Credit Risk Fund Regular Growth?

To initiate a lump sum investment in Bank of India Credit Risk Fund Regular Growth, a minimum initial amount of ₹5,000 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.

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What is risk category of the Bank of India Credit Risk Fund Regular Growth?

In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of Bank of India Credit Risk Fund Regular Growth is classified as Moderately High risk.

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What is the category of Bank of India Credit Risk Fund Regular Growth?

The category of the Bank of India Credit Risk Fund Regular Growth is Fixed Income.

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