IDBI Credit Risk Fund Regular Growth

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Debt
Credit Risk
Rating 3
Plan

16.14 +0.00 (0.01%) NAV as on 31 May, 2023

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)23.23
CAGR 6.46%
Exit Load1.00%
Expense ratio1.34%
CategoryDebt
Min Investment5000
Min SIP500
Launch Date2014-03-03

Asset Allocation

Holdings As On - 01 June 2023

Name
Value (Cr)
Holding %

JSW Steel Limited
3.53
15.24%

TATA Motors Limited
3.41
14.71%

Treps
2.99
12.91%

Godrej Industries Limited
2.95
12.70%

7.38% Govt Stock 2027
2.54
10.94%

Udaipur Cement Wor
2.51
10.81%

Steel Authority Of India Limited
2.44
10.53%

Rec Limited
2.03
8.73%

Net Receivable / Payable
0.80
3.43%

Peer Comparison

Fund Name
Bank of India Credit Risk Fund Regular Growth5.21%
Baroda BNP Paribas Credit Risk Fund Regular Growth6.94%
IDBI Credit Risk Fund Regular Growth6.46%
HSBC Credit Risk Fund Regular Plan Growth6.22%
Invesco India Credit Risk Fund Regular Growth9.19%

Risk & Volitility

Alpha -10.75%
Beta 1.45
Sharpe Ratio1.03
Std Deviation 5.98%
Tracking Error 8.89%

About Fund

The investment objective of the Scheme is to generate regular income and opportunities for capital appreciation by investing predominantly in AA and below rated corporate bonds across maturity spectrum. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

The IDBI Credit Risk Fund Regular Growth has an AUM of 23.23 crores & has delivered CAGR of 3.21% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.34%. The minimum investment in IDBI Credit Risk Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Low & Low respectively.

The top holdings of the fund include JSW Steel Limited, TATA Motors Limited, Treps & Godrej Industries Limited.

Some of the similar funds are Bank of India Credit Risk Fund Regular Growth, Baroda BNP Paribas Credit Risk Fund Regular Growth, IDBI Credit Risk Fund Regular Growth, HSBC Credit Risk Fund Regular Plan Growth, Invesco India Credit Risk Fund Regular Growth. IDBI Credit Risk Fund Regular Growth has a sharpe ratio of 1.03 & a standard deviation of 5.98%.