Finance Here are 10 worst-performing credit funds over 1 year; BOI AXA fund has lost 72% Updated : April 27, 2020 03:39 PM IST The Franklin Templeton fiasco has put credit funds under the spotlight. Credit funds invest in corporate bonds, which have ratings below the top spectrum. The worst performing credit fund over the last one year has lost 72% of its NAV. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.