As on 07 Nov 2024
BANK OF INDIA Credit Risk Fund - Direct Plan
DebtNAV
₹ 11.99
CAGR (3 Years)
39.85%
AUM (Cr)
₹ 114.83
Risk
Moderately High Risk
About BANK OF INDIA Credit Risk Fund - Direct Plan
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 instr
Breakdown of this Fund
Debt Others
215.90%
Preference n Warrants
0.00%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
1.76
Exit Load
1.00% - For redemption/switch-out of units within 540 days from the date of allo...
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.