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  • Bank of India Short Term Income Fund (Growth)

Formerly BOI AXA S/T Income Reg Gr

BOI Mutual Funds

Bank of India Short Term Income Fund (Growth)

DebtShort Term

23.9678

NAV (Apr 19)

11.8%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in short term mutual funds.

Short term funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.

The category is one of the largest categories within the Debt Segment (9% of the total assets).

We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Rolling Returns

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

23.9678

NAV (Apr 19)

Fund Returns

Last 1Y
5.7%
Last 3Y
11.8%
Last 5Y
3.5%
Last 10Y
5.7%
Since Inception
5.9%
6 Month CAGR
3.5%

Scheme Information

Investment Objective

The Scheme seeks to generate income and capital appreciation by investing in a diversified portfolio of debt and money market securities. However,there can be no assurance that the income can be generated,regular or otherwise,or the investment objectives of the Scheme will be realized.

Expense Ratio
1.06
Launched (16y ago)
Dec 18, 2008
AUM in Crores
82.584
ISIN
INF761K01579
Lock-in
No Lock-in
Benchmark
CRISIL Short Term Bond TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
9.6
Standard Deviation (5yr)
11
Beta (3yr)
1.51
Beta (5yr)
0.81
Sharpe Ratio (3yr)
0.671
Sharpe Ratio (5yr)
-0.094
YTM
7.02
Fund Managers

Mithraem Bharucha

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Bank of India Short Term Income Fund (Growth)70%7,96,375 63,7633.5%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-04-19

Top Debt Holdings

7.26% govt stock 2033

22.4%
22.4%

7.38% govt stock 2027

11.9%
11.9%

treps

11.7%
11.7%

power finance corporation limited

11.1%
11.1%

national bank for agriculture and rural development

8.3%
8.3%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 4,923 cr

₹ 10,293 cr

₹ 35,428 cr

₹ 13,848 cr

₹ 13,895 cr

amc-img

About the AMC

Bank of India Investment Managers Private Limited

Bank of India Investment Managers Private Limited manages assets worth 7,009 crores and was set up on 13 August 2007. It's current offering of mutual fund schemes includes 32 equity,35 debt and 18 hybrid funds.amc-img
phone-img22-6124-9000
Fund NameScripbox Opinion
Till Date CAGR

25.3%

20.3%

31.6%

12%

24.9%

19.7%

24.6%

16.9%

25.1%

19.8%

Bank of India Short Term Income Fund (G) Review

Bank of India Short Term Income Fund (G) is a Short Term Debt fund and has delivered an annualised return of 5.9% over a period of 15 years. The fund was previously known as BOI AXA S/T Income Reg Gr. The fund is managed by Bank of India Investment Managers Private Limited. The fund manager’s name is Mithraem Bharucha.

Nav of Bank of India Short Term Income Fund (G) as of 4/19/2024 is ₹23.97 with the total AUM as of 4/21/2024 is ₹82.584. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bank of India Short Term Income Fund (G) was launched on Dec 18, 2008. The category risk of the fund is Moderate Risk.

The minimum SIP amount for Bank of India Short Term Income Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Bank of India Short Term Income Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Short Term Bond TR INR.

Bank of India Short Term Income Fund (G) is rated as a 2 fund in Debt and delivered 5.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bank of India Short Term Income Fund (G).

Frequently Asked Questions

What is Bank of India Short Term Income Fund (G)?

Bank of India Short Term Income Fund (G) is a Short Term Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Bank of India Short Term Income Fund (G)?

You can invest in Bank of India Short Term Income Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Bank of India Short Term Income Fund (G)?

The minimum sip amount for Bank of India Short Term Income Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Bank of India Short Term Income Fund (G) good to invest in?

As per Scripbox experts, Bank of India Short Term Income Fund (G) is a Neutral fund. You can investBank of India Short Term Income Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Bank of India Short Term Income Fund (G)?

The expense ratio of the Bank of India Short Term Income Fund (G) is 1.06% for regular plan.