BOI AXA Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was introduced to investors on 27 Feb 2015. Alok Singh is the Current Fund Manager of BOI AXA Credit Risk Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹177 Cr and the Latest NAV as of 20 Feb 2020 is ₹7.59.
The BOI AXA Credit Risk Fund Direct Growth is rated Moderate risk. Exit load of 4% if redeemed within 12 months, 3% if redeemed after 12 months but within 24 months and 2% if redeemed after 24 months but within 36 months..
The Schemes 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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 4% if redeemed within 12 months, 3% if redeemed after 12 months but within 24 months and 2% if redeemed after 24 months but within 36 months.