- Mutual Funds
- BOI AXA Mutual Funds
- Bank of India Short Term Income Fund (Growth)
Formerly BOI AXA S/T Income Reg Gr
Bank of India Short Term Income Fund (Growth)
₹ 20.426
NAV (Sep 28)
Short duration 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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 20.426
NAV (Sep 28)
Fund Returns
Last 1Y | 17.4% |
Last 3Y | 6.9% |
Last 5Y | 2% |
Last 10Y | 5.2% |
Since Inception | 5.3% |
6 Month CAGR | 16% |
Scheme Information
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 | 1.12 |
Launched (14y ago) | Dec 18, 2008 |
AUM in Crores | 45.216 |
ISIN | INF761K01579 |
Lock-in | No Lock-in |
Benchmark | CRISIL Short Term Bond Fund TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
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
Top Debt Holdings
treps
15%182 Days Treasury Bill 01-12-2022
10.9%364 Days Treasury Bill 18-05-2023
10.6%5.63% govt stock 2026
10.6%export import bank of india
8.8%Compare Bank of India Short Term Income Fund (Growth)
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 48,600 cr | ||
₹ 15,110 cr | ||
₹ 15,466 cr | ||
₹ 15,116 cr | ||
₹ 48,600 cr |
About the AMC
BOI AXA Investment Mngrs Private Ltd
Bank of India Investment Managers Private Limited manages assets worth 3,103 crores and was set up on 12 April 2007. It's current offering of mutual fund schemes includes 29 equity,28 debt and 25 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
23% | 18.8% | ||
22.4% | 18.2% | ||
21.8% | 17.9% | ||
22.5% | 18.2% | ||
22.5% | 18.2% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsBank of India Short Term Income Fund (G) Review
Bank of India Short Term Income Fund (G) is a Short Duration Debt fund and has delivered an annualised return of 5.3% over a period of 13 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 9/28/2022 is ₹20.43 with the total AUM as of 9/29/2022 is ₹45.216. 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 Fund TR INR.
Bank of India Short Term Income Fund (G) is rated as a 1 fund in Debt and delivered 17.4% 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)?
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 Not Recommended 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 1.12% for regular plan.