BETA VERSION
 
 
 
Data As On 28th March 2018

BOI AXACREDIT RISK FUND

  • Fund Type : OpenEnded Debt Schm predomnantly invstng in AA &below rated corp bonds(excldg AA+ rated corp bonds)
    Entry Load : Nil
    Date of Allotment : February 27, 2015
    Features : Liquity SIP Shield SIP SWP STP
  • Benchmark : CRISIL Short Term Bond Fund Index
    Exit Load :
    • 4% if redeemed within 12 months from the date of allotment.
    • 3% 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.

Investment 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.

Fund Manager

  • Alok Singh

    CFA and PGDBA from ICFAI Business School.

    See detail

    Around 17 years of experience, including 10 years in mutual fund industry.

    He is managing this fund since February 27, 2015.

Fund Highlights

  • An open-ended credit risk fund suitable for long-term deployment of funds.
  • Suitable only for long-term, sophisticated investors with a horizon of atleast 3 years
  • Seeks to generate capital appreciation over the long term by investing predominantly in corporate debt across the credit spectrum.
  • Aims to provide superior risk adjusted returns by investing in vanilla and structured corporate credit issuances across the credit spectrum.
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Riskometer

This product is suitable for investors who are seeking*:

  • Long term capital appreciation.
  • Investment primarily in corporate debt securities with medium to long term maturities across the credit spectrum within the universe of investment grade rating.

*Investor should consult their financial advisor if they are not clear about the suitability of the product.

Top 10 Portfolio Holdings

Portfolio Details % to Net Assets
Sintex-BAPL Limited 9.3%
Karuna Healthcare Private Limited 9.0%
Dewan Housing Finance Corporation Limited 7.5%
ECL Finance Limited 6.0%
Accelarating Education and Development Private. Limited 5.7%
Punjab National Bank 5.0%
Northern Arc Capital Limited 4.9%
Halcyon Finance and Capital Advisors pvt Limited (Radiant Life Care Pvt. Ltd.) 4.7%
Coffee Day Natural Resources Private Limited 4.3%
Kwality Limited 4.0%

Credit Profile

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Asset Allocation

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  • Scheme
  • Benchmark

Fund Performance

Performance as per statutory disclosure Total Expense Ratio

Performance(Regular Plan)

Period Scheme Benchmark
1 yr 8.9 % 5.1 %
3 yrs 9.9 % 8.1 %
5 yrs NA NA
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