scorecardresearch
Business Today
Subscribe
PMS Today US News India UPSTART Weather BT Shorts NRI Education Election
BT Golf BT Mindrush BT Best Banks
Clear all
Search

COMPANIES

No Data Found

NEWS

No Data Found
Sign in Subscribe
events
Special
  • BT tech today
  • BT 500 wealth creators summit
  • Economic Indicators
News
Mutual Funds
Bank of India Credit Risk Fund Direct Growth

Feedback
Bank of India Credit Risk Fund Direct Growth

Bank of India Credit Risk Fund Direct Growth

  • Moderately High risk
  • Fixed Income
  • Credit Risk
  • Share
  • Whatsapp
  • Twitter
  • Facebook
NAV as on Feb 27, 2025
i
Price per unit of the scheme.
₹ 12.1717 0.03% 1 Day Change
0.51%
Minimum Investment ₹5000
Expense Ratio 1.18%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
3
Scheme Rating
*Morningstar Rating Methodologyi

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

FUND PERFORMANCE

(As On --)
Compare fund’s performance against category average across different time periods
1M 3M 6M 1Y 3Y 5Y
-- Out of -- funds in the category
Category Avg Return
--
Fund Return
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

This Fund
Bank of India Credit Risk Fund Direct Growth
VS
Fixed Income: Credit Risk Average NAV
Topper in Fixed Income: Credit Risk
All Fund
*For the other fund, rescaled NAVs are used
Share
  • Whatsapp
  • Twitter
  • Facebook

RETURN CALCULATOR

Check the return on your investment in the fund
Bank of India Credit Risk Fund Direct Growth
Investment Type
MONTHLY SIP ONE -TIME
Monthly Investment
Time Period (yrs)
Annual Return in %
  • Invested Amount
    ₹0
  • Return
    ₹0
  • Current Value
    ₹0

FUND SUMMARY

Benchmark
CRISIL Credit Risk Fund TR INR
Expense Ratio
1.18 %
Category Avg Expense Ratio
0.89%
Minimum Investment (Lumpsum/SIP)
₹5000/₹1000
Lock In (Years)
No Lock-in
Fund Size
₹ 113.57 Cr(As on Feb, 2025)
Inception Date
Feb 27, 2015
Turnover
0.00 %
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

ABOUT THE FUND

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.

Bank of India Credit Risk Fund Direct Growth is an Fixed Income - Credit Risk fund. The fund was launched in Feb 27, 2015. Its risk level is Moderately High. The NAV of the fund as on Feb 27, 2025 is ₹12.17. Its expense ratio is 1.18 %. The fund has an AUM of ₹113.57 Cr.The fund is managed by Alok Singh. The minimum initial investment is ₹5000 in Lumpsum mode.

SUBSCRIBE TO
BUSINESS TODAY MAGAZINE
Subscribe Now
Already a subscriber? Login

FUND MANAGER

Alok Singh
i
Lead Fund Manager.
Feb 27, 2015- Present
  • Fund Manager Rank 13 Out of 14
    i
    Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
  • Schemes managed 4
  • Total AUM ₹ 3,220.76 Cr
  • Highest Return In 1 Yr 5.32 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
₹12.17
0.51%
1.06%
Moderately High risk
₹113.57Cr
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
₹35.52
-6.18%
-2.54%
Very High Risk
₹1,051.92Cr
Bank of India Conservative Hybrid Fund Direct Growth Bank of India Conservative Hybrid Fund Direct Growth
₹34.52
-1.31%
0.75%
Moderately High risk
₹64.23Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
₹12.17
1.27%
2.10%
Moderately High risk
₹113.57Cr
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
₹35.52
-14.31%
-8.30%
Very High Risk
₹1,051.92Cr
Bank of India Conservative Hybrid Fund Direct Growth Bank of India Conservative Hybrid Fund Direct Growth
₹34.52
-2.75%
-1.69%
Moderately High risk
₹64.23Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
₹12.17
2.71%
4.07%
Moderately High risk
₹113.57Cr
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
₹35.52
-16.80%
-9.81%
Very High Risk
₹1,051.92Cr
Bank of India Conservative Hybrid Fund Direct Growth Bank of India Conservative Hybrid Fund Direct Growth
₹34.52
-2.45%
-1.00%
Moderately High risk
₹64.23Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
₹12.17
5.32%
8.26%
Moderately High risk
₹113.57Cr
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
₹35.52
0.71%
4.10%
Very High Risk
₹1,051.92Cr
Bank of India Conservative Hybrid Fund Direct Growth Bank of India Conservative Hybrid Fund Direct Growth
₹34.52
1.94%
6.05%
Moderately High risk
₹64.23Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
₹12.17
37.66%
9.38%
Moderately High risk
₹113.57Cr
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
₹35.52
15.74%
12.62%
Very High Risk
₹1,051.92Cr
Bank of India Conservative Hybrid Fund Direct Growth Bank of India Conservative Hybrid Fund Direct Growth
₹34.52
13.24%
8.22%
Moderately High risk
₹64.23Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
₹12.17
9.89%
6.97%
Moderately High risk
₹113.57Cr
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
₹35.52
21.38%
15.04%
Very High Risk
₹1,051.92Cr
Bank of India Conservative Hybrid Fund Direct Growth Bank of India Conservative Hybrid Fund Direct Growth
₹34.52
11.37%
8.54%
Moderately High risk
₹64.23Cr
1M 3M 6M 1Y 3Y 5Y
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
Moderately High risk
  • NAV ₹12.17
  • Fund Size ₹113.57Cr
Fund Return 0.51%
Category Return 1.06%
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Very High Risk
  • NAV ₹35.52
  • Fund Size ₹1,051.92Cr
Fund Return -6.18%
Category Return -2.54%
Bank of India Conservative Hybrid Fund Direct Growth Bank of India Conservative Hybrid Fund Direct Growth
Moderately High risk
  • NAV ₹34.52
  • Fund Size ₹64.23Cr
Fund Return -1.31%
Category Return 0.75%
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
Moderately High risk
  • NAV ₹12.17
  • Fund Size ₹113.57Cr
Fund Return 1.27%
Category Return 2.10%
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Very High Risk
  • NAV ₹35.52
  • Fund Size ₹1,051.92Cr
Fund Return -14.31%
Category Return -8.30%
Bank of India Conservative Hybrid Fund Direct Growth Bank of India Conservative Hybrid Fund Direct Growth
Moderately High risk
  • NAV ₹34.52
  • Fund Size ₹64.23Cr
Fund Return -2.75%
Category Return -1.69%
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
Moderately High risk
  • NAV ₹12.17
  • Fund Size ₹113.57Cr
Fund Return 2.71%
Category Return 4.07%
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Very High Risk
  • NAV ₹35.52
  • Fund Size ₹1,051.92Cr
Fund Return -16.80%
Category Return -9.81%
Bank of India Conservative Hybrid Fund Direct Growth Bank of India Conservative Hybrid Fund Direct Growth
Moderately High risk
  • NAV ₹34.52
  • Fund Size ₹64.23Cr
Fund Return -2.45%
Category Return -1.00%
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
Moderately High risk
  • NAV ₹12.17
  • Fund Size ₹113.57Cr
Fund Return 5.32%
Category Return 8.26%
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Very High Risk
  • NAV ₹35.52
  • Fund Size ₹1,051.92Cr
Fund Return 0.71%
Category Return 4.10%
Bank of India Conservative Hybrid Fund Direct Growth Bank of India Conservative Hybrid Fund Direct Growth
Moderately High risk
  • NAV ₹34.52
  • Fund Size ₹64.23Cr
Fund Return 1.94%
Category Return 6.05%
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
Moderately High risk
  • NAV ₹12.17
  • Fund Size ₹113.57Cr
Fund Return 37.66%
Category Return 9.38%
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Very High Risk
  • NAV ₹35.52
  • Fund Size ₹1,051.92Cr
Fund Return 15.74%
Category Return 12.62%
Bank of India Conservative Hybrid Fund Direct Growth Bank of India Conservative Hybrid Fund Direct Growth
Moderately High risk
  • NAV ₹34.52
  • Fund Size ₹64.23Cr
Fund Return 13.24%
Category Return 8.22%
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
Moderately High risk
  • NAV ₹12.17
  • Fund Size ₹113.57Cr
Fund Return 9.89%
Category Return 6.97%
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Very High Risk
  • NAV ₹35.52
  • Fund Size ₹1,051.92Cr
Fund Return 21.38%
Category Return 15.04%
Bank of India Conservative Hybrid Fund Direct Growth Bank of India Conservative Hybrid Fund Direct Growth
Moderately High risk
  • NAV ₹34.52
  • Fund Size ₹64.23Cr
Fund Return 11.37%
Category Return 8.54%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Feb 2025
EQUITY (0.00%)
DEBT (48.47%)
CASH (51.13%)
OTHERS (0.40%)
Allocation by Market Cap

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.
  • Consistency
    i
    It represents the consistency of a fund in beating its benchmark.
  • Downside Risk
    i
    Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
  • Risk Adjusted Return
    i
    Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
  • Volatility
    i
    Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
  • Upside Capture Ratio
    i
    Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
  • Downside Capture Ratio
    i
    Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
  • Alpha: Excess return of the fund over benchmark
    i
    Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
    39.97
    This Fund
    VS
    3.35
    Category Avg
  • Beta: Risk of the fund in relation to benchmark
    i
    Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
    3.53
    This Fund
    VS
    1.06
    Category Avg
  • Sortino Ratio: Return per unit of bad risk
    i
    A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
    64.56
    This Fund
    VS
    5.24
    Category Avg
  • R-Squared: How well the fund tracks benchmark
    i
    R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
    0.25
    This Fund
    VS
    44.27
    Category Avg
  • Sharpe Ratio: Risk adjusted return of the fund
    i
    Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
    0.56
    This Fund
    VS
    0.23
    Category Avg
  • Standard Devation: Volatility of the fund
    i
    Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
    70.77
    This Fund
    VS
    6.90
    Category Avg
Benchmark used in calculation : CRISIL Short Term Bond TR INR

PEER ANALYSIS

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
DSP Credit Risk Fund Direct Plan Growth DSP Credit Risk Fund Direct Plan Growth
₹48.38
5.32%
1.06%
Moderately High risk
₹189.70 Cr
Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth
₹23.50
4.16%
1.06%
Moderately High risk
₹923.70 Cr
Kotak Credit Risk Fund Direct Growth Kotak Credit Risk Fund Direct Growth
₹31.88
0.77%
1.06%
High Risk
₹734.47 Cr
Nippon India Credit Risk Fund Direct Plan Growth Option Nippon India Credit Risk Fund Direct Plan Growth Option
₹37.05
0.76%
1.06%
High Risk
₹979.71 Cr
Baroda BNP Paribas Credit Risk Fund Direct Growth Baroda BNP Paribas Credit Risk Fund Direct Growth
₹23.58
0.69%
1.06%
Moderately High risk
₹169.08 Cr
ICICI Prudential Credit Risk Fund Direct Plan Growth ICICI Prudential Credit Risk Fund Direct Plan Growth
₹33.74
0.67%
1.06%
High Risk
₹6,215.51 Cr
DSP Credit Risk Fund Direct Plan Growth DSP Credit Risk Fund Direct Plan Growth
MODERATELY HIGH RISK
  • NAV ₹48.38
  • Fund Size ₹189.70 Cr
Fund Return 5.32%
Category Return 1.06%
Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth
MODERATELY HIGH RISK
  • NAV ₹23.50
  • Fund Size ₹923.70 Cr
Fund Return 4.16%
Category Return 1.06%
Kotak Credit Risk Fund Direct Growth Kotak Credit Risk Fund Direct Growth
HIGH RISK
  • NAV ₹31.88
  • Fund Size ₹734.47 Cr
Fund Return 0.77%
Category Return 1.06%
Nippon India Credit Risk Fund Direct Plan Growth Option Nippon India Credit Risk Fund Direct Plan Growth Option
HIGH RISK
  • NAV ₹37.05
  • Fund Size ₹979.71 Cr
Fund Return 0.76%
Category Return 1.06%
Baroda BNP Paribas Credit Risk Fund Direct Growth Baroda BNP Paribas Credit Risk Fund Direct Growth
MODERATELY HIGH RISK
  • NAV ₹23.58
  • Fund Size ₹169.08 Cr
Fund Return 0.69%
Category Return 1.06%
ICICI Prudential Credit Risk Fund Direct Plan Growth ICICI Prudential Credit Risk Fund Direct Plan Growth
HIGH RISK
  • NAV ₹33.74
  • Fund Size ₹6,215.51 Cr
Fund Return 0.67%
Category Return 1.06%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Top funds from this amc

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Liquid Fund Direct Plan Growth Bank of India Liquid Fund Direct Plan Growth
--
₹2,966.37
0.61%
0.46%
Moderate Risk
₹1,724.83 Cr
Bank of India Ultra Short Duration Fund Direct Plan Growth Bank of India Ultra Short Duration Fund Direct Plan Growth
₹3,186.43
0.61%
0.46%
Low to Moderate Risk
₹162.21 Cr
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
--
₹14.08
0.58%
0.28%
Low Risk
₹43.60 Cr
Bank of India Overnight Fund Direct Growth Bank of India Overnight Fund Direct Growth
--
₹1,288.27
0.54%
--
Low Risk
₹138.92 Cr
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
₹12.17
0.51%
1.06%
Moderately High risk
₹113.57 Cr
Bank of India Short Term Income Fund Direct Plan Growth Bank of India Short Term Income Fund Direct Plan Growth
₹28.16
0.51%
0.43%
Moderate Risk
₹102.16 Cr
Bank of India Liquid Fund Direct Plan Growth Bank of India Liquid Fund Direct Plan Growth
MODERATE RISK --
  • NAV ₹2,966.37
  • Fund Size ₹1,724.83 Cr
Fund Return 0.61%
Category Return 0.46%
Bank of India Ultra Short Duration Fund Direct Plan Growth Bank of India Ultra Short Duration Fund Direct Plan Growth
LOW TO MODERATE RISK
  • NAV ₹3,186.43
  • Fund Size ₹162.21 Cr
Fund Return 0.61%
Category Return 0.46%
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
LOW RISK --
  • NAV ₹14.08
  • Fund Size ₹43.60 Cr
Fund Return 0.58%
Category Return 0.28%
Bank of India Overnight Fund Direct Growth Bank of India Overnight Fund Direct Growth
LOW RISK --
  • NAV ₹1,288.27
  • Fund Size ₹138.92 Cr
Fund Return 0.54%
Category Return --
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
MODERATELY HIGH RISK
  • NAV ₹12.17
  • Fund Size ₹113.57 Cr
Fund Return 0.51%
Category Return 1.06%
Bank of India Short Term Income Fund Direct Plan Growth Bank of India Short Term Income Fund Direct Plan Growth
MODERATE RISK
  • NAV ₹28.16
  • Fund Size ₹102.16 Cr
Fund Return 0.51%
Category Return 0.43%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Bank of India Investment Managers Private Limited
Bank of India Investment Managers Private Limited manages assets worth ₹ 11,499.37 crores. It’s current offering of mutual fund schemes includes 11 equity, 4 debt and 4 hybrid schemes.
Phone
+91 22 40479000
Email
service@boimf.in
AUM
₹ 11,499.37 Cr (
As on Jan 2025
)
Address
B/204, Tower 1, Peninsula Corporate Park, ,Mumbai ,400 013

FAQ’S

What is the category of Bank of India Credit Risk Fund Direct Growth ?
The category of Bank of India Credit Risk Fund Direct Growth is Fixed Income - Credit Risk
What is the current NAV of Bank of India Credit Risk Fund Direct Growth ?
The current NAV of Bank of India Credit Risk Fund Direct Growth (as on Feb 27, 2025) is ₹ 12.17
How safe is Bank of India Credit Risk Fund Direct Growth?
The risk level of Bank of India Credit Risk Fund Direct Growth is Moderately High .
What are short term returns given by Bank of India Credit Risk Fund Direct Growth?
The return given by Bank of India Credit Risk Fund Direct Growth in 1 month is 0.51%, 3 months is 1.27%, 6 months is 2.71%, and 1 year is 5.32%.
What are the long term returns given by Bank of India Credit Risk Fund Direct Growth?
The return given by Bank of India Credit Risk Fund Direct Growth in 3 years is 37.66% and 5 years is 9.89%.
What is the expense ratio of Bank of India Credit Risk Fund Direct Growth?
The expense ratio of Bank of India Credit Risk Fund Direct Growth is 1.18 %
What is the AUM of Bank of India Credit Risk Fund Direct Growth
The assets under Management (AUM) of Bank of India Credit Risk Fund Direct Growth is Rs 113.57 crores.
What is the minimum investment in Bank of India Credit Risk Fund Direct Growth?
The minimum Lumpsum investment in Bank of India Credit Risk Fund Direct Growth is ₹5000 and the minimum SIP investment in Bank of India Credit Risk Fund Direct Growth is ₹1000
What is the asset allocation of Bank of India Credit Risk Fund Direct Growth?
The Bank of India Credit Risk Fund Direct Growth has an exposure of 48.47% in Debt and 51.13% in Cash & Money Market Securities

CALCULATORS

Income Tax Calculator SIP Calculator FD Calculator Dividend Yield Calculator Lump-Sum Calculator CAGR Calculator Top-Up Calculator Latte Factor Calculator

Top Stories

Advertisement