BOI AXA Credit Risk Fund Direct Growth+0.02%

-43.88%
1 Year Return
Debt
Credit Risk
1.0star
6M
1Y
3Y
5Y
All

Fund Details

BOI AXA Credit Risk Fund Direct Growth

RiskModerate
Min SIP AmountNot Supported
Expense Ratio1.23%
NAV3.97 (23 Oct 2020)
Fund Started27 Feb 2015
Fund Size69 Cr

Returns

1Y
3Y*
5Y*
Since inception*
BOI AXA Credit Risk Fund Direct Growth
-43.9%
-32.6%
-17.9%
-15.2%
Category Average
-0.3%
1.0%
3.7%
-
Rank within category
18
16
15
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -43.9% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the category average returns
    4. 3Y Returns are lower than the category average returns
    5. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Housing Development Finance Corpn. Ltd.FinancialCP21.5%
    Amanta Healthcare Ltd.HealthcareDebenture18.2%
    RKV Enterprise Pvt. Ltd.ConstructionDebenture7.5%
    Dinram Holdings Pvt. Ltd.FinancialDebenture2.4%
    Amanta Healthcare Ltd.HealthcareDebenture1.9%
    Accelarating Education and Development Pvt. Ltd.ServicesDebenture1.1%
    Accelarating Education and Development Pvt. Ltd.ServicesDebenture1.1%
    Kwality Ltd.FMCGDebenture0.0%
    Sintex-BAPL Ltd.AutomobileDebenture0.0%

    Fund Managers

    addAlok Singh
    Education
    Mr. Singh is a CFA and PGDBA from ICFAI Business School.
    Experience
    Prior to joining BOI AXA AMC he has worked with BNP Paribas Asset Management and Axis Bank
    Funds Managed

    BOI AXA Credit Risk Fund Direct Growth Details

    BOI AXA Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 27 Feb 2015. Alok Singh is the Current Fund Manager of BOI AXA Credit Risk Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹69 Cr and the Latest NAV as of 23 Oct 2020 is ₹3.97.

    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.

    Investment Objective

    The Scheme will invest predominantly in corporate debt securities. There will be no exposure in the portfolio to dated Government Securities and State Development Loans.

    Tax Implications

    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)

    Not Supported
    Min for First Investment
    Not Supported
    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.
    Exit Load

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    About BOI AXA Mutual Fund

    Address
    BOI AXA Investment Managers Pvt. Ltd. B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Ma Mumbai 400055
    Phone
    022-40479000
    Launch Date
    31 Mar 2008
    Website
    NA
    BOI AXA Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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