Bank of India Credit Risk Fund Direct-Growth

Q: What are the returns of Bank of India Credit Risk Fund?

The Bank of India Credit Risk Fund is a 10 yrs 4 m old fund and has delivered average annual returns of 2.14% since inception. Bank of India Credit Risk Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.28% 6.17% 27.28% 2.03% 2.14%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹12.4577+0.02% 1 day change	2.14% p.a.	#NA View Ranked Funds	₹114 Crs

Historical NAV & returns

NAV: ₹12.4577 as on Jun 05, 2025

This fund Category average

Bank of India Credit Risk Fund overview

Expense ratio	1.12% as on May 31, 2025
Exit load	4.0% 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.!
AUM (Fund size)	₹114 Crs
Lock-in	No Lockin
Age	10 yrs 4 m since Feb 06, 2015
Benchmark	CRISIL Credit Risk Debt B-II Index
Min. investment	Lump. ₹5000
Risk	High
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Bank of India Credit Risk Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	0.56%	1.01%
3 Months	2.27%	3.49%
6 Months	3.46%	5.58%
1 Year	6.28%	10.59%
2 Years	6.47%	9.17%
3 Years	6.17%	8.8%
4 Years	30.53%	10.28%
5 Years	27.28%	10.19%
7 Years	-1.15%	6.47%
10 Years	2.03%	7.24%

Asset allocationas on Dec 31, 2024

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AA 58.59%

Cash & Call Money 27.4%

AA+ 8.7%

A1+ 4.92%

Top Debt Holdings

Aditya Birla Real Estate Ltd. 10.46%

Nirma Ltd. 8.77%

Rashtriya Chemicals and Fertilizers Ltd. 8.76%

JSW Steel Ltd. 8.76%

Allocation by Instruments

Debenture 45.5%

Non Convertible Debenture 17.43%

Repo 16.61%

Net Receivables 10.79%

Other Holdings

Others 10.79%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Bank of India Credit Risk Fund	N.A.	₹114 Crs	10 yrs 4 m	1.12%
SBI Credit Risk Fund	N.A.	₹2,278 Crs	12 yrs 5 m	0.89%
Aditya Birla Sun Life Credit Risk Fund	N.A.	₹985 Crs	10 yrs 2 m	0.67%
Baroda BNP Paribas Credit Risk Fund	N.A.	₹173 Crs	10 yrs 5 m	0.85%
ICICI Prudential Credit Risk Fund	N.A.	₹6,138 Crs	12 yrs 5 m	0.76%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bank of India Credit Risk Fund	0.56%	3.46%	6.28%	6.17%	27.28%	2.03%
SBI Credit Risk Fund	1.14%	5.29%	10.34%	8.88%	8.08%	8.24%
Aditya Birla Sun Life Credit Risk Fund	1.24%	9.34%	18.7%	12.23%	10.76%	9.21%
Baroda BNP Paribas Credit Risk Fund	1.1%	5.22%	10.22%	8.84%	11.11%	8.85%
ICICI Prudential Credit Risk Fund	1.09%	5.38%	10.4%	8.86%	8.44%	8.71%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bank of India Credit Risk Fund	0.76	0.74	-0.42	-0.96
SBI Credit Risk Fund	1.22	1.72	1.74	5.02
Aditya Birla Sun Life Credit Risk Fund	2.88	1.19	1.83	7.57
Baroda BNP Paribas Credit Risk Fund	0.72	1.42	2.97	5.54
ICICI Prudential Credit Risk Fund	0.98	2.0	2.15	4.34

View all Credit Risk funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.08 vs. 5.52 Underperformed at beating benchmark
Sharpe	-0.42 vs. 6.06 Poor risk-adjusted returns
Beta	0.74 vs. 3.33 Less sensitive to market ups & downs
Standard deviation	0.76 vs. 2.04 More stable returns

Compare Bank of India Credit Risk Fund in detail with

About this fund

About Bank of India Credit Risk Fund

Bank of India Credit Risk Fund Direct-Growth is a Credit Risk mutual fund scheme from Bank Of India Mutual Fund. This fund has been in existence for 10 yrs 4 m, having been launched on 06/02/2015. Bank of India Credit Risk Fund Direct-Growth has ₹114 Crores worth of assets under management (AUM) as on 31/03/2025 and is small fund of its category. The latest Net Asset Value (NAV) of Bank of India Credit Risk Fund Direct-Growth as of 05/06/2025 is ₹12.46. The fund has an expense ratio of 1.12%, which is higher than what most other Credit Risk funds charge.

Bank of India Credit Risk Fund Direct-Growth returns of last 1-year are 6.31%. Since launch, it has delivered 2.14% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Bank of India Credit Risk Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is low.
The fund's credit profile is very low indicating it has lent to borrowers whose quality is poor. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Aditya Birla Real Estate Ltd., Nirma Ltd., Rashtriya Chemicals and Fertilizers Ltd., JSW Steel Ltd., 360 ONE Wealth Ltd..

...

Fund AUM	₹114 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Alok Singh

Mr. Singh is a CFA and PGDBA from ICFAI Business School. Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank

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.

Bank of India Mutual Fund details

No. of schemes	20 view all schemes
Total AUM	₹11,518 Crs as on Mar 31, 2025
Address	B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai, 400013
Email	service@boiaxa-im.com

More funds from Bank of India Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Bank of India Short Term Income Fund	N.A.	₹85 Crs	11.18%	10.47%
Bank of India Liquid Fund	N.A.	₹1,315 Crs	7.31%	7.03%
Bank of India Ultra Short Duration Fund	N.A.	₹168 Crs	7.59%	6.87%
Bank of India Overnight Fund	N.A.	₹50 Crs	6.58%	6.51%
Bank of India Money Market Fund	N.A.	₹170 Crs	N.A.	N.A.

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Bank of India Credit Risk Fund?

The current Net Asset Value (NAV) of the Bank of India Credit Risk Fund - Direct Growth plan is approximately ₹12.4577 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Bank of India Credit Risk Fund is a 10 yrs 4 m old fund and has delivered average annual returns of 2.14% since inception.

Bank of India Credit Risk Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.28%	6.17%	27.28%	2.03%	2.14%

How much does this mutual fund charge as expense ratio?

The Bank of India Credit Risk Fund - Direct Growth has an expense ratio of 1.12%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Bank of India Credit Risk Fund currently has assets under management (AUM) or fund size valued at approximately ₹114 Crs crore as of Mar 31, 2025.

To whom does Bank of India Credit Risk Fund lend to?

The top 3 debt holdings of Bank of India Credit Risk Fund are as follows

Holding Name	Percentage of Portfolio
Aditya Birla Real Estate Ltd.	10.46%
Nirma Ltd.	8.77%
Rashtriya Chemicals and Fertilizers Ltd.	8.76%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Bank of India Credit Risk Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AA	58.59%
Cash & Call Money	27.4%
AA+	8.7%

What is risk level of Bank of India Credit Risk Fund?

This is a Credit Risk fund comes with High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Bank of India Credit Risk Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Bank of India Credit Risk Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Bank of India Credit Risk Fund is complete.

How can I redeem my investments in Bank of India Credit Risk Fund?

Redeeming your investments in Bank of India Credit Risk Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Bank of India Credit Risk Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Credit Risk

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Credit Risk funds in the last 5 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: 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.