DebtCredit Risk FundRegularGrowthModerate

Bank of India Credit Risk Fund

Q: What is the NAV of Bank of India Credit Risk Fund?

As of 05 Oct 2026, the NAV of Bank of India Credit Risk Fund is ₹14.50 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Bank of India Credit Risk Fund delivered?

Bank of India Credit Risk Fund has returned +16.71% over 1 year, +9.66% per year over 3 years, +27.40% per year over 5 years and +3.24% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Bank of India Credit Risk Fund?

Bank of India Credit Risk Fund charges an expense ratio of 1.36% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

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

Bank of India Credit Risk Fund's largest holdings are Indian Bank (04/12/2026) (12.2%), 8.5% Nirma Limited (07/04/2027) (11.7%), 8.35% Aditya Birla Real Estate Limited (30/08/2027) (10.2%), 9.45% Vedanta Limited (05/06/2028) (7.4%) and 9.40% 360 One Prime Limited (04/03/2027) (7.3%). Holdings are disclosed monthly and change over time.

Q: How risky is Bank of India Credit Risk Fund?

Bank of India Credit Risk Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 4.4% and its worst peak-to-trough fall in our sample was -73.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.72 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bank of India Credit Risk Fund's 0.72 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Bank of India Credit Risk Fund?

Bank of India Credit Risk Fund is benchmarked against the CRISIL Credit Risk Debt B-II Index. Its alpha and beta on this page are measured against that index.

Q: Who manages Bank of India Credit Risk Fund?

Bank of India Credit Risk Fund is managed by Alok Singh at Bank of India.

Q: How is Bank of India Credit Risk Fund taxed?

Bank of India Credit Risk Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

Bank of India Mutual Fund · Best Credit Risk Mutual Funds

NAV

₹14.50

+0.09% 1D

as of 05 Oct 2026

This is the Regular plan of Bank of India Credit Risk Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+16.74%absolute

52-week rangePrev NAV ₹14.49

Latest ₹14.50

Low ₹12.42100th percentile of its 52-week rangeHigh ₹14.50

Scorecard

★★★☆☆3/5 vs 12 Credit Risk Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Credit Risk Fund (same plan and option).

PerformanceStrong

3Y CAGR +9.66% · ranks 4 of 12 Credit Risk Funds

RiskHigh

Volatility 4.4% vs 2.4% category avg

CostLow

1.4% expense vs 1.5% category avg

ConsistencyLow

65% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Ahead of the Credit Risk Fund average on 3M/6M/1Y — 1Y by 9.87pp
3-year return (+9.66%) beats the Credit Risk Fund average (+9.00%)
5-year return (+27.40%) beats the Credit Risk Fund average (+7.43%)
Ranks #1 of 12 on 1-year return in its Credit Risk Fund cohort
Low expense ratio (1.36%) vs the Credit Risk Fund average of 1.53%

Concerns

Weaker risk-adjusted returns — Sharpe 0.72 below the Credit Risk Fund average of 0.97
More volatile than its Credit Risk Fund peers (4.4% vs 2.4%)
Positive in only 65% of rolling 3-year windows

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.36%

Category 1.53%▼0.17%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.72

Category 0.97▼0.25

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

• If redeemed/ switched-out within 1 year from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% • If redeemed/ switched-out after 1 year from the date of allotment: Nil

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Not allowed

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

CRISIL Credit Risk Debt B-II Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

09 Mar 2015

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.46%

Absolute return over the last 3 months (not annualized)

+1.45%

Absolute return over the last 6 months (not annualized)

+8.63%

Absolute return since 1 Jan of this year (not annualized)

+15.43%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+16.71%

3-year annualized return (CAGR)

+9.66%

5-year annualized return (CAGR)

+27.40%

10-year annualized return (CAGR)

+2.12%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+3.24%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

4.38%

Excess return per unit of total volatility (rf = 6.5%)

0.72

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

8.70

Largest peak-to-trough decline over full history

-73.48%

Benchmark ratios

Not shown for Credit Risk Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Credit Risk Fund)

Period	Fund	Category avg.	Diff
1M abs	+0.46%	-0.04%	+0.50%
3M abs	+1.45%	+0.86%	+0.59%
6M abs	+8.63%	+4.43%	+4.20%
1Y CAGR	+16.71%	+6.84%	+9.87%
3Y CAGR	+9.66%	+9.00%	+0.66%
5Y CAGR	+27.40%	+7.43%	+19.97%

Category average across peers in Credit Risk Fund (up to 11 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 11 peers in Credit Risk Fund

1Y return🏆

+16.71%

Beats 100% · rank #1

3Y return

+9.66%

Beats 72.7% · rank #4

5Y return🏆

+27.40%

Beats 100% · rank #1

Sharpe

0.72

Beats 36.4% · rank #8

Sortino🏆

8.70

Beats 100% · rank #1

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹8.50L

Absolute

+41.70%

XIRR

+14.35%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Bank of India Credit Risk Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+15.43%
2025	+6.52%
2024	+6.01%
2023	+5.56%
2022	+143.13%
2021	+9.37%
2020	-44.43%
2019	-45.40%
2018	+0.02%
2017	+9.32%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

2,800

Expense ratio

1.36%

AUM

₹94.09Cr

YTM

6.78%

Macaulay duration

0.62 years

Average maturity

0.64 years

Exit load

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Credit Risk Fund

Compare all


Bank of India Credit Risk FundThis fund Bank of India · Regular · Growth	★★★☆☆	+16.71%	+9.66%	+27.40%	—	1.36%	₹94.09Cr
DSP Credit Risk Fund DSP · Regular · Growth	★★★★☆	+9.92%	+15.78%	+12.47%	—	1.20%	₹250.18Cr
Aditya Birla Sun Life Credit Risk Fund Aditya Birla Sun Life · Regular · Growth	★★★★☆	+10.95%	+12.08%	+9.92%	—	1.60%	₹1,337Cr
HSBC Credit Risk Fund HSBC · Regular · Growth	★★★★★	+5.60%	+10.84%	—	—	1.66%	₹473.50Cr
ICICI Prudential Credit Risk Fund ICICI Prudential · Regular · Growth	★★★★★	+6.78%	+8.31%	+7.26%	—	1.43%	₹6,000Cr
Invesco India Credit Risk Fund Invesco · Regular · Growth	★★☆☆☆	+6.15%	+8.19%	+7.12%	—	1.46%	₹160.21Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt71.21%
Cash & Equivalents28.79%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-73.5%03 Sep 2018 → 28 Apr 2020
Fell over 1.7 years, back to the old high on 30 Apr 2026 — 6.0 years under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹94.09Cr

April - June 2026

-11%

since January - March 2026

−₹18.74Cr

est. net flow, last quarter

Down +11% from its peak of ₹105.72Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Bank of India Mutual Fund is run by Bank of India Investment Managers, wholly owned by the bank since its former joint-venture partner AXA Investment Managers exited — the house was branded BOI AXA until then. It runs a compact equity, hybrid and debt line-up.

Launched

30 Mar 2008

Total AUM

₹15,446Cr+9.0% QoQ

Avg AUM · April - June 2026

Website

boimf.in

Fund Managers

ASAlok SinghStart date not disclosed

Education

B.Com, PGDBA and CFA

Experience

Around 18 years of experience, BOI AXA Investment Managers (April 2012 – present) including 11 years in Mutual Fund BNP Paribas Asset Management Pvt. Ltd. (Feb 2005 to industry. March 2012) Axis Bank Limited (August 2000 to January 2005)

Funds managed (7)

All schemes Alok Singh runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Alok Singh

Bank of India in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Credit Risk funds

Credit risk funds must keep at least 65% in corporate bonds rated AA and below. The lower rating is what pays the extra yield, and it is also the risk — a downgrade or default hits the NAV directly, which is not a thing that happens in a gilt fund.

Frequently asked questions

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

As of 05 Oct 2026, the NAV of Bank of India Credit Risk Fund is ₹14.50 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Bank of India Credit Risk Fund delivered?

Bank of India Credit Risk Fund has returned +16.71% over 1 year, +9.66% per year over 3 years, +27.40% per year over 5 years and +3.24% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Bank of India Credit Risk Fund?

Bank of India Credit Risk Fund charges an expense ratio of 1.36% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Bank of India Credit Risk Fund?

Bank of India Credit Risk Fund's largest holdings are Indian Bank (04/12/2026) (12.2%), 8.5% Nirma Limited (07/04/2027) (11.7%), 8.35% Aditya Birla Real Estate Limited (30/08/2027) (10.2%), 9.45% Vedanta Limited (05/06/2028) (7.4%) and 9.40% 360 One Prime Limited (04/03/2027) (7.3%). Holdings are disclosed monthly and change over time.

How risky is Bank of India Credit Risk Fund?

Bank of India Credit Risk Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 4.4% and its worst peak-to-trough fall in our sample was -73.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.72 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bank of India Credit Risk Fund's 0.72 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Bank of India Credit Risk Fund?

Bank of India Credit Risk Fund is benchmarked against the CRISIL Credit Risk Debt B-II Index. Its alpha and beta on this page are measured against that index.

Who manages Bank of India Credit Risk Fund?

Bank of India Credit Risk Fund is managed by Alok Singh at Bank of India.

How is Bank of India Credit Risk Fund taxed?

Bank of India Credit Risk Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.