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Fincash » Mutual Funds » BOI AXA Credit Risk Fund

BOI AXA Credit Risk Fund - G

NAV  ₹11.4917 ↑ 0.01  (0.06 %) as on 21 May 24

(Erstwhile BOI AXA Corporate Credit Spectrum Fund)

Scheme 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.

BOI AXA Credit Risk Fund is a Debt - Credit Risk fund launched on 27 Feb 15. It is a fund with Moderate risk and has given a CAGR return of 1.5% since its launch.  Return for 2023 was 5.6% , 2022 was 143.1% and 2021 was 9.4% .

Below is the key information for BOI AXA Credit Risk Fund

NAV as on 21 May 24₹11.4917 ↑ 0.01  (0.06 %)
Net Assets (AUM) as on 30 Apr 2024 ₹137 Cr.
Launch Date27 Feb 2015
CategoryDebt - Credit Risk
RatingNot Rated
TypeOpen Ended Fund
RiskModerate
Yield To Maturity7.06%
Effective Maturity9 Months 11 Days
Modified Duration7 Months 24 Days
Alpha Ratio0.0
Expense Ratio1.55 %
Sharpe Ratio-0.38
Information Ratio0.0
BenchmarkNot Available
ISININF761K01DH6
AMCBOI AXA Investment Mngrs Private Ltd
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load 0-12 Months (4%),12-24 Months (3%),24-36 Months (2%),36 Months and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 May 24

DurationReturns
1 Month 0.4%
3 Month 2.6%
6 Month 3.8%
1 Year 6.6%
3 Year 39.9%
5 Year -1.5%
10 Year
15 Year
Since launch 1.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 5.6%
2022 143.1%
2021 9.4%
2020 -44.4%
2019 -45.2%
2018 -0.3%
2017 9.3%
2016 11.2%
2015

Growth of 10k Over Years

DateValue
30 Apr 19₹10,000
30 Apr 20₹2,776
30 Apr 21₹3,167
30 Apr 22₹7,822
30 Apr 23₹8,165
30 Apr 24₹8,709
BOI AXA Credit Risk Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash44.88%
Debt54.82%
Other0.31%
BOI AXA Credit Risk Fund Asset Allocation

Sector Allocation

SectorValue
Corporate42.46%
Cash Equivalent31.62%
Government25.62%
RatingValue
AA67.12%
AAA32.88%
BOI AXA Credit Risk Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Godrej Industries Limited
Debentures | -
11%₹15 Cr1,500,000
Steel Authority Of India Limited
Debentures | -
10%₹14 Cr1,400,000
Century Textiles And Industries Limited
Debentures | -
9%₹12 Cr1,200,000
TATA Motors Limited
Debentures | -
7%₹10 Cr1,000,000
Piramal Capital & Housing Finance Ltd
Debentures | -
7%₹10 Cr1,000,000
The Tata Power Company Limited
Debentures | -
7%₹10 Cr1,000,000
National Bank For Agriculture And Rural Development
Debentures | -
7%₹10 Cr1,000,000
Power Finance Corporation Limited
Debentures | -
4%₹5 Cr500,000
TATA Motors Finance Limited
Debentures | -
4%₹5 Cr500,000
Corporate Debt Market Development Fund
Investment Fund | -
0%₹0 Cr414
1 - 10 of 17
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Fund Managers

NameSinceTenure
Alok Singh27 Feb 159.1 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Bank of India Mutual FundB/204, Tower 1, Peninsula Corporate Park,,Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013

Auditors

CompanyAddress
M/s BSR & Co.KPMG House, Kamala Mills Compound,448 Senapati Bapat Marg,Lower Parel

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
BOI AXA Credit Risk Fund
Growth
₹11.4917
↑ 0.01
3.83 %6.64 %39.86 %-1.51 %
Data as on 21 May 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.