ReviewDirect · GrowthPrefer peers first
BANK OF INDIA CREDIT RISK FUND
Bank of India Mutual FundDebt Scheme - Credit Risk Fund11.6 years
The Scheme will invest predominantly in corporate debt securities. There will be no exposure in the portfolio to dated Government Securities and State Development Loans.
- NAV
- 14.9442
- 27 Oct 2026
- 1Y
- +17.0%
- Trailing CAGR
- AUM
- ₹74.33 Cr
- 30 Sept 2026
- Volatility
- n/a
- History still thin
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 27 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Maximum drawdown exceeded 35%.
Watch if · Risk metrics are withheld because the NAV history contains an implausible daily move above 50%.
Prefer peers if · Prefer Aditya Birla Sun Life Credit Risk Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
11.6 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
0.61% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -73.4%. Ask whether you can hold through a similar fall.
Vs category
Watch
44% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Alok Singh · 11.7 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 96.6% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+17.0%
- 3Y+10.0%
- 5Y+27.8%
- 10Y+2.4%
- SI+3.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+14.7%
- 3Y+11.9%
- 5Y+15.3%
- 10Y+11.0%
- Since inception
- +3.5%
- Calendar-day CAGR
- Excess 1Y
- +8.4%
- Category median, same plan and option
- 3Y win rate
- +44%
- Windows beating the median
- 3Y percentile
- 67
- Vs comparable share classes
- SIP 3Y XIRR
- +11.9%
- Simulated monthly SIP
- Worst rolling 3Y
- -33.3%
- 2090 daily-ending windows
- Median rolling 3Y
- +6.8%
- Calendar-day CAGR
- Positive rolling 5Y
- +36%
- 1607 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -73.4%
- Worst peak-to-trough
- Current
- -0.1%
- Below last peak
- Current spell
- 8 days
- Days below latest peak
- Time below peak
- +75%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 28 days
- 90 recovered episodes
- Longest recovery
- 2193 days
- Trough to prior peak
3 Sept 2018 – 30 Apr 2026
Trough 28 Apr 2020 · recovered in 2193 days
-73.4%
6 Dec 2016 – 2 Jan 2017
Trough 8 Dec 2016 · recovered in 25 days
-0.4%
9 Apr 2018 – 7 May 2018
Trough 26 Apr 2018 · recovered in 11 days
-0.4%
8 May 2018 – 28 May 2018
Trough 17 May 2018 · recovered in 11 days
-0.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
67
Vs category
100
Consistency
45
Risk-adjusted
n/a
Drawdown
0
Mean
53
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Maximum drawdown exceeded 35%.
Supporting reads
- Three-year return is above the category median.
Risk metrics are withheld because the NAV history contains an implausible daily move above 50%.
Portfolio
30 Sept 2026 · 12 holdings · top 10 are 96.6%.
- Top 5
- 61.0%
- Top 10
- 96.6%
- Largest holding
- 22.3%
- Effective holdings
- 8.8
Repo
Unspecified
22.3%
NIRMA LIMITED SR VII TR C 8.50 NCD 07AP27 FVRS1LAC
Consumer Staples
10.8%
CENTURY TEXTILES AND INDUSTRIES LIMITED 8.35 NCD 30AG27 FVRS1LAC
Materials
9.4%
360 ONE PRIME LIMITED 9.40 NCD 04MR27 FVRS1LAC
Financial
9.3%
AADHAR HOUSING FINANCE LIMITED 8.65 NCD 21AG27 FVRS1LAC
Financial
9.2%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Credit Risk Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +11.0%
- 3Y
- +12.8%
- Vol
- 2.6%
- Max DD
- -3.9%
- Sharpe
- 1.30
- 3Y win
- +70%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
DSP Credit Risk Fund
DSP Mutual Fund
- 1Y
- +10.3%
- 3Y
- +13.7%
- Vol
- 4.5%
- Max DD
- -6.0%
- Sharpe
- 0.74
- 3Y win
- +42%
- Shallower drawdown
- Lower TER
- Higher trailing returns
ICICI Prudential Credit Risk Fund
ICICI Prudential Mutual Fund
- 1Y
- +6.5%
- 3Y
- +8.7%
- Vol
- 1.4%
- Max DD
- -2.9%
- Sharpe
- 2.03
- 3Y win
- +53%
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Kotak Credit Risk Fund
Kotak Mahindra Mutual Fund
- 1Y
- +5.6%
- 3Y
- +8.2%
- Vol
- 1.8%
- Max DD
- -3.9%
- Sharpe
- 1.25
- 3Y win
- +54%
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
SBI CREDIT RISK FUND
SBI Mutual Fund
- 1Y
- +7.0%
- 3Y
- +8.3%
- Vol
- 1.3%
- Max DD
- -2.3%
- Sharpe
- 2.06
- 3Y win
- +52%
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns