Fund Details
BOI AXA Credit Risk Fund Regular Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.51% |
| NAV | ₹4.19 (12 May 2021) |
|---|---|
| Fund Started | 27 Feb 2015 |
| Fund Size | ₹72 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.51%
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Amanta Healthcare Ltd. | Healthcare | Debenture | 18.2% |
| Axis Bank Ltd. | Financial | CD | 7.5% |
| Amanta Healthcare Ltd. | Healthcare | Debenture | 1.9% |
| Accelarating Education and Development Pvt. Ltd. | Services | Debenture | 1.1% |
| Accelarating Education and Development Pvt. Ltd. | Services | Debenture | 1.0% |
Fund Managers
BOI AXA Credit Risk Fund Regular Growth Details
BOI AXA Credit Risk Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹72 Cr and the Latest NAV as of 12 May 2021 is ₹4.19.
The BOI AXA Credit Risk Fund Regular Growth is rated Very High risk. Minimum SIP Investment is set to 1000. 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.
