Bank Of India Credit Risk Fund - Regular Plan - Growth

Bank Of India Credit Risk Fund - Regular Plan - Growth is a scheme launched by Bank of India Mutual Fund on February 27, 2015, and falls under the Credit Risk fund category. It currently manages an AUM of Rs 105.47 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 1.38% for managing the portfolio.

• Investing Strategy:

  The Scheme 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.

• Performance:

  Bank Of India Credit Risk Fund - Regular Plan - Growth trailing returns over different times are 6.02% (1 year), 5.76% (3 year) and 25.85% (5 year). The average annual return of this fund stands at 4.41%.