Previously Known As : Boi Axa Corporate Credit Spectrum Fund
Bank Of India Credit Risk Fund Overview
Category Credit Risk Fund
BMSMONEY Rank 4
BMSMONEY Rating
Growth Option As On: 19-04-2024
NAV ₹11.44 (R) -0.0% ₹11.67 (D) 0.0%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 6.67% 40.36% -2.79% -1.05% -%
LumpSum Dir. P 6.99% 40.75% -2.52% -0.81% -%
SIP Reg. P -8.15% 27.73% 20.75% 9.77% -%
SIP Dir. P -7.85% 28.12% 21.08% 10.02% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.43 11.91 3.92 51.34% -0.13
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
70.71% 0.0% -0.29% -2.32 12.01%

NAV Date: 19-04-2024

Scheme Name NAV Rupee Change Percent Change
BANK OF INDIA Credit Risk Fund - Regular Plan 11.44
0.0000
0.0000%
BANK OF INDIA Credit Risk Fund - Direct Plan 11.67
0.0000
0.0000%

Review Date: March 28, 2024

The fund has historical rank of 11th in Credit Risk Fund category. Additionally, the fund has nine performance parameters that are in the top quartile in the category and three parameters above average and below the top quartile.
Our ranking method uses a composite performance score to rank funds in a category. The score incorporates the fund's return, risk, and risk adjusted performance of the last three years.

The Bank Of India Credit Risk Fund has average return performance, as more than 50% 1 year and above return parameters are above average in Credit Risk Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Bank Of India Credit Risk Fund has given return of 0.59% in last one month which is very poor as it is in the fourth quartile in Credit Risk Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Bank Of India Credit Risk Fund has given return of 2.46% in last three month which is very good as it is in the top quartile in Credit Risk Fund.
  3. 1 Year Return%: The Bank Of India Credit Risk Fund has given return of 6.96% in last one year which is very poor as it is in the fourth quartile in Credit Risk Fund. The one year return rank of Bank Of India Credit Risk Fund is 12 in 13 funds. The investment of ₹ 10,000 in this fund would have become ₹ 10696.0 in one year.
  4. 3 Year Return%: The Bank Of India Credit Risk Fund has given return of 41.63% in last three year which is very good as it is in the top quartile with return rank of 1 in 13 funds. in Credit Risk Fund.
  5. 5 Year Return%: The Bank Of India Credit Risk Fund has given return of -2.94% in last five year which is very poor as it is in the fourth quartile with rank of 13 in 13 funds. in Credit Risk Fund.
  6. 1 Year SIP Return%: The Bank Of India Credit Risk Fund has given return of -8.41% in last one year which is poor as it is in the below average with return rank of 8 in 13 funds. in Credit Risk Fund.
  7. 3 Year SIP Return%: The Bank Of India Credit Risk Fund has given return of 33.39% in last three year which is very good as it is in the top quartile with return rank of 1 in 13 funds. in Credit Risk Fund.
  8. 5 Year SIP Return%: The Bank Of India Credit Risk Fund has given return of 24.11% in last five year which is very good as it is in the top quartile with return rank of 1 in 13 funds. in Credit Risk Fund.
  9. '
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The Bank Of India Credit Risk Fund has average risk performance, as more than 25% risk parameters are above average Credit Risk Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Bank Of India Credit Risk Fund has standard deviation of 70.71 which is very poor as it is in the fourth quartile with risk rank of 7 in 7 funds. in Credit Risk Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Bank Of India Credit Risk Fund has semi deviation of 12.01 which is very poor as it is in the fourth quartile with risk rank of 7 in 7 funds. in Credit Risk Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Bank Of India Credit Risk Fund has max drawdown of -0.29% which is good as it is above average with risk rank of 3 in 7 funds. in Credit Risk Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Bank Of India Credit Risk Fund has 1Y VaR at 95% of 0.0% which is good as it is above average with risk rank of 5 in 7 funds. in Credit Risk Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Bank Of India Credit Risk Fund has average drawdown of -0.29% which is good as it is above average with risk rank of 3 in 7 funds. in Credit Risk Fund.
  6. '
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The Bank Of India Credit Risk Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Credit Risk Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Bank Of India Credit Risk Fund has Sterling Ratio of 3.92 which is very good as it is in the top quartile with risk rank of 1 in 7 funds. in Credit Risk Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Bank Of India Credit Risk Fund has Sortino Ratio of 11.91 which is very good as it is in the top quartile with risk rank of 1 in 7 funds. in Credit Risk Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Bank Of India Credit Risk Fund has Jensen Alpha of 51.34% which is very good as it is in the top quartile with risk rank of 1 in 7 funds. in Credit Risk Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Bank Of India Credit Risk Fund has Treynor Ratio of -0.13 which is very poor as it is in the fourth quartile with risk rank of 7 in 7 funds. in Credit Risk Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Bank Of India Credit Risk Fund has Modigliani Square Measure of 1.28% which is very poor as it is in the fourth quartile with risk rank of 7 in 7 funds. in Credit Risk Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The Bank Of India Credit Risk Fund has Alpha of 46.89% which is very good as it is in the top quartile with risk rank of 1 in 7 funds. in Credit Risk Fund.
  7. '
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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.57
0.41
0.28 | 0.57 1 | 13
Yes
Yes
No
6M Return % 3.85
3.71
3.36 | 4.50 4 | 13
Yes
Yes
No
1Y Return % 6.67
7.50
5.66 | 15.00 11 | 13
No
No
Yes
3Y Return % 40.36
9.56
4.71 | 40.36 1 | 13
Yes
Yes
No
5Y Return % -2.79
4.98
-2.79 | 7.52 13 | 13
No
No
Yes
7Y Return % -1.05
5.09
-1.05 | 7.33 13 | 13
No
No
Yes
1Y SIP Return % -8.15
-7.88
-9.43 | -1.26 6 | 13
No
No
No
3Y SIP Return % 27.73
5.22
1.48 | 27.73 1 | 13
Yes
Yes
No
5Y SIP Return % 20.75
5.26
2.47 | 20.75 1 | 13
Yes
Yes
No
7Y SIP Return % 9.77
4.10
0.35 | 9.77 1 | 13
Yes
Yes
No
Standard Deviation 70.68
12.51
1.01 | 70.68 7 | 7
No
No
Yes
Semi Deviation 12.09
2.58
0.72 | 12.09 7 | 7
No
No
Yes
Max Drawdown % -0.29
-0.47
-0.90 | -0.26 3 | 7
Yes
No
No
VaR 1 Y % 0.00
-0.12
-0.63 | 0.00 5 | 7
Yes
No
No
Average Drawdown % -0.29
-0.42
-0.90 | -0.26 3 | 7
Yes
No
No
Sharpe Ratio 0.46
-0.28
-0.90 | 0.46 1 | 7
Yes
Yes
No
Sterling Ratio 4.05
1.16
0.56 | 4.05 1 | 7
Yes
Yes
No
Sortino Ratio 12.91
1.84
-0.31 | 12.91 1 | 7
Yes
Yes
No
Jensen Alpha % 51.89
9.48
-3.44 | 51.89 1 | 7
Yes
Yes
No
Treynor Ratio -0.15
-0.04
-0.15 | 0.00 7 | 7
No
No
Yes
Modigliani Square Measure % 1.30
4.12
1.30 | 7.25 7 | 7
No
No
Yes
Alpha % 48.66
7.40
-2.29 | 48.66 1 | 7
Yes
Yes
No
Return data last Updated On : April 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.60 0.48 0.38 | 0.62 2 | 13
Yes
Yes
No
6M Return % 4.00 4.10 3.74 | 4.99 8 | 13
No
No
No
1Y Return % 6.99 8.32 6.68 | 15.85 12 | 13
No
No
Yes
3Y Return % 40.75 10.39 5.71 | 40.75 1 | 13
Yes
Yes
No
5Y Return % -2.52 5.79 -2.52 | 8.21 13 | 13
No
No
Yes
7Y Return % -0.81 5.94 -0.81 | 8.11 13 | 13
No
No
Yes
1Y SIP Return % -7.85 -7.12 -8.47 | -0.45 9 | 13
No
No
No
3Y SIP Return % 28.12 6.04 2.47 | 28.12 1 | 13
Yes
Yes
No
5Y SIP Return % 21.08 6.08 3.47 | 21.08 1 | 13
Yes
Yes
No
7Y SIP Return % 10.02 4.91 1.12 | 10.02 1 | 13
Yes
Yes
No
Standard Deviation 70.68 12.51 1.01 | 70.68 7 | 7
No
No
Yes
Semi Deviation 12.09 2.58 0.72 | 12.09 7 | 7
No
No
Yes
Max Drawdown % -0.29 -0.47 -0.90 | -0.26 3 | 7
Yes
No
No
VaR 1 Y % 0.00 -0.12 -0.63 | 0.00 5 | 7
Yes
No
No
Average Drawdown % -0.29 -0.42 -0.90 | -0.26 3 | 7
Yes
No
No
Sharpe Ratio 0.46 -0.28 -0.90 | 0.46 1 | 7
Yes
Yes
No
Sterling Ratio 4.05 1.16 0.56 | 4.05 1 | 7
Yes
Yes
No
Sortino Ratio 12.91 1.84 -0.31 | 12.91 1 | 7
Yes
Yes
No
Jensen Alpha % 51.89 9.48 -3.44 | 51.89 1 | 7
Yes
Yes
No
Treynor Ratio -0.15 -0.04 -0.15 | 0.00 7 | 7
No
No
Yes
Modigliani Square Measure % 1.30 4.12 1.30 | 7.25 7 | 7
No
No
Yes
Alpha % 48.66 7.40 -2.29 | 48.66 1 | 7
Yes
Yes
No
Return data last Updated On : April 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.0 ₹ 10000.0 0.0 ₹ 10000.0
1W 0.04 ₹ 10004.0 0.04 ₹ 10004.0
1M 0.57 ₹ 10057.0 0.6 ₹ 10060.0
3M - ₹ - - ₹ -
6M 3.85 ₹ 10385.0 4.0 ₹ 10400.0
1Y 6.67 ₹ 10667.0 6.99 ₹ 10699.0
3Y 40.36 ₹ 27655.0 40.75 ₹ 27886.0
5Y -2.79 ₹ 8679.0 -2.52 ₹ 8800.0
7Y -1.05 ₹ 9286.0 -0.81 ₹ 9447.0
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -8.1481 ₹ 11463.192 -7.847 ₹ 11483.28
3Y ₹ 36000 27.7269 ₹ 53682.876 28.1151 ₹ 53964.54
5Y ₹ 60000 20.754 ₹ 100537.86 21.0769 ₹ 101328.12
7Y ₹ 84000 9.7694 ₹ 118955.844 10.0235 ₹ 120040.536
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
19-04-2024 11.4395 11.6682
18-04-2024 11.4396 11.6681
16-04-2024 11.4362 11.6645
15-04-2024 11.4353 11.6635
12-04-2024 11.4291 11.6568
08-04-2024 11.4225 11.6496
05-04-2024 11.4184 11.6451
04-04-2024 11.4152 11.6418
03-04-2024 11.4165 11.6429
02-04-2024 11.414 11.6404
28-03-2024 11.4017 11.6273
27-03-2024 11.3831 11.6082
26-03-2024 11.3826 11.6077
22-03-2024 11.378 11.6026
21-03-2024 11.3764 11.6008
20-03-2024 11.3744 11.5987
19-03-2024 11.3706 11.5947
18-03-2024 11.3688 11.5928
15-03-2024 11.3641 11.5877
14-03-2024 11.3632 11.5867
13-03-2024 11.3618 11.5851
12-03-2024 11.3602 11.5834
11-03-2024 11.3586 11.5817
07-03-2024 11.3506 11.5731
06-03-2024 11.3484 11.5708
05-03-2024 11.3458 11.568
04-03-2024 11.3445 11.5666
01-03-2024 11.3393 11.561
29-02-2024 11.3378 11.5594
28-02-2024 11.3362 11.5577
27-02-2024 11.3352 11.5566
26-02-2024 11.2146 11.4335
23-02-2024 11.2086 11.4271
22-02-2024 11.2064 11.4248
21-02-2024 11.1998 11.418
20-02-2024 11.1973 11.4153
16-02-2024 11.1906 11.4081
15-02-2024 11.1885 11.4058
14-02-2024 11.1865 11.4037
13-02-2024 11.1855 11.4026
12-02-2024 11.1832 11.4001
09-02-2024 11.1807 11.3973
08-02-2024 11.1789 11.3954
07-02-2024 11.1781 11.3945
06-02-2024 11.1766 11.3929
05-02-2024 11.175 11.3912
02-02-2024 11.1696 11.3853
01-02-2024 11.1829 11.3988
31-01-2024 11.1794 11.3952
30-01-2024 11.1779 11.3935
29-01-2024 11.1776 11.3931
25-01-2024 11.1697 11.3847
24-01-2024 11.1689 11.3838
23-01-2024 11.1687 11.3835
19-01-2024 11.1634 11.3777
18-01-2024 11.1621 11.3762
17-01-2024 11.1611 11.3751
16-01-2024 11.1596 11.3735
15-01-2024 11.1585 11.3723
12-01-2024 11.1518 11.3653
11-01-2024 11.1494 11.3627
10-01-2024 11.1487 11.3618
09-01-2024 11.1469 11.36
08-01-2024 11.1447 11.3576
05-01-2024 11.1397 11.3522
04-01-2024 11.1381 11.3505
03-01-2024 11.1375 11.3498
02-01-2024 11.1364 11.3486
01-01-2024 11.134 11.346
29-12-2023 11.128 11.3397
28-12-2023 11.1241 11.3356
27-12-2023 11.123 11.3344
26-12-2023 11.1219 11.3332
22-12-2023 11.1151 11.3259
21-12-2023 11.1138 11.3245
20-12-2023 11.1129 11.3235
19-12-2023 11.1073 11.3177
18-12-2023 11.1055 11.3158
15-12-2023 11.101 11.3109
14-12-2023 11.0979 11.3076
13-12-2023 11.0955 11.3052
12-12-2023 11.0937 11.3032
11-12-2023 11.0931 11.3025
08-12-2023 11.0891 11.2982
07-12-2023 11.0877 11.2967
06-12-2023 11.0854 11.2942
05-12-2023 11.0845 11.2933
04-12-2023 11.0833 11.2919
01-12-2023 11.0781 11.2864
30-11-2023 11.0771 11.2852
29-11-2023 11.0768 11.2848
28-11-2023 11.0747 11.2826
24-11-2023 11.0669 11.2743
23-11-2023 11.0672 11.2745
22-11-2023 11.0664 11.2736
21-11-2023 11.0642 11.2713
20-11-2023 11.0652 11.2722
17-11-2023 11.0613 11.268
16-11-2023 11.0601 11.2666
15-11-2023 11.0579 11.2643
13-11-2023 11.0543 11.2605
10-11-2023 11.0503 11.2561
09-11-2023 11.0488 11.2545
08-11-2023 11.048 11.2537
07-11-2023 11.0455 11.251
06-11-2023 11.0432 11.2486
03-11-2023 11.0381 11.243
02-11-2023 11.0354 11.2402
01-11-2023 11.0332 11.2379
31-10-2023 11.0326 11.2372
30-10-2023 11.0296 11.234
27-10-2023 11.0252 11.2293
26-10-2023 11.024 11.228
25-10-2023 11.0231 11.227
23-10-2023 11.0198 11.2234
20-10-2023 11.0156 11.2189
19-10-2023 11.0158 11.2191
18-10-2023 11.013 11.2161
17-10-2023 11.0105 11.2135
16-10-2023 11.0099 11.2128
13-10-2023 11.0052 11.2077
12-10-2023 11.003 11.2053
11-10-2023 11.0012 11.2034
10-10-2023 10.999 11.2012
09-10-2023 10.9962 11.1982
06-10-2023 10.9932 11.1949
05-10-2023 10.9975 11.1992
04-10-2023 10.9944 11.1959
03-10-2023 10.9927 11.1941
29-09-2023 10.9866 11.1875
27-09-2023 10.9841 11.1848
26-09-2023 10.9826 11.1832
25-09-2023 10.9732 11.1735
22-09-2023 10.9685 11.1684
21-09-2023 10.966 11.1658
20-09-2023 10.9651 11.1648
18-09-2023 10.9619 11.1614
15-09-2023 10.9575 11.1566
14-09-2023 10.9564 11.1554
13-09-2023 10.9548 11.1537
12-09-2023 10.9525 11.1513
11-09-2023 10.9511 11.1498
08-09-2023 10.9471 11.1454
07-09-2023 10.9462 11.1444
06-09-2023 10.9443 11.1424
05-09-2023 10.9429 11.1409
04-09-2023 10.9411 11.139
01-09-2023 10.9362 11.1337
31-08-2023 10.9341 11.1315
30-08-2023 10.9323 11.1296
29-08-2023 10.931 11.1281
28-08-2023 10.9292 11.1262
25-08-2023 10.9241 11.1207
24-08-2023 10.9223 11.1188
23-08-2023 10.9201 11.1165
22-08-2023 10.9179 11.1142
21-08-2023 10.9168 11.113
18-08-2023 10.9121 11.1079
17-08-2023 10.9088 11.1045
14-08-2023 10.9061 11.1014
11-08-2023 10.9012 11.0962
10-08-2023 10.9008 11.0957
09-08-2023 10.8996 11.0944
08-08-2023 10.8981 11.0928
07-08-2023 10.8961 11.0907
04-08-2023 10.8916 11.0858
03-08-2023 10.8907 11.0848
02-08-2023 10.8895 11.0835
01-08-2023 10.8878 11.0817
31-07-2023 10.8856 11.0794
28-07-2023 10.8797 11.0731
27-07-2023 10.8797 11.073
26-07-2023 10.8778 11.071
25-07-2023 10.8757 11.0688
24-07-2023 10.8738 11.0668
21-07-2023 10.8694 11.062
20-07-2023 10.868 11.0604
19-07-2023 10.8661 11.0585
18-07-2023 10.8643 11.0566
17-07-2023 10.8625 11.0547
14-07-2023 10.8559 11.0476
13-07-2023 10.8537 11.0453
12-07-2023 10.8516 11.0431
11-07-2023 10.85 11.0414
10-07-2023 10.8477 11.0389
07-07-2023 10.8432 11.0341
06-07-2023 10.842 11.0328
05-07-2023 10.8411 11.0317
04-07-2023 10.8394 11.0299
03-07-2023 10.8373 11.0277
30-06-2023 10.8326 11.0226
28-06-2023 10.8293 11.0191
27-06-2023 10.827 11.0166
26-06-2023 10.8261 11.0156
23-06-2023 10.8216 11.0108
22-06-2023 10.82 11.0091
21-06-2023 10.8204 11.0094
20-06-2023 10.8193 11.0082
19-06-2023 10.8184 11.0071
16-06-2023 10.8142 11.0026
15-06-2023 10.8125 11.0008
14-06-2023 10.8113 10.9995
13-06-2023 10.8061 10.9941
12-06-2023 10.8063 10.9942
09-06-2023 10.8021 10.9896
08-06-2023 10.8053 10.9928
07-06-2023 10.8041 10.9915
06-06-2023 10.8027 10.99
05-06-2023 10.8008 10.9879
02-06-2023 10.7967 10.9835
01-06-2023 10.7949 10.9815
31-05-2023 10.791 10.9776
30-05-2023 10.7903 10.9767
29-05-2023 10.7898 10.9761
26-05-2023 10.7862 10.9722
25-05-2023 10.785 10.9708
24-05-2023 10.7838 10.9695
23-05-2023 10.7826 10.9682
22-05-2023 10.783 10.9685
19-05-2023 10.7742 10.9593
18-05-2023 10.7715 10.9564
17-05-2023 10.7691 10.9539
16-05-2023 10.7669 10.9516
15-05-2023 10.7627 10.9472
12-05-2023 10.7584 10.9426
11-05-2023 10.7562 10.9403
10-05-2023 10.755 10.9389
09-05-2023 10.756 10.9399
08-05-2023 10.7555 10.9393
04-05-2023 10.7487 10.9319
03-05-2023 10.7447 10.9278
02-05-2023 10.7416 10.9246
28-04-2023 10.7373 10.9198
27-04-2023 10.739 10.9214
26-04-2023 10.7368 10.9192
25-04-2023 10.7339 10.9161
24-04-2023 10.7316 10.9137
21-04-2023 10.7241 10.9057
20-04-2023 10.7215 10.903
19-04-2023 10.7199 10.9013

Fund Launch Date: 06/Feb/2015
Fund Category: Credit Risk Fund
Investment Objective: The Scheme ™s investment objective is to generate capital appreciation over the long term byinvesting predominantly in corporate debt across the credit spectrum within the universe ofinvestment grade rating. To achieve this objective, the Scheme will seek to make investmentsin rated, unrated instruments and structured obligations of public and private companies.However, there is no assurance or guarantee that the investment objective of the scheme willbe achieved.
Fund Description: An open ended debt scheme predominantly investing in AA and below rated corporatebonds (excluding AA+ rated corporate bonds)
Fund Benchmark: CRISIL Short Term Bond Fund Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.