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  • BOI AXA Mutual Funds
  • Bank of India Short Term Income Fund (Growth)

Formerly BOI AXA S/T Income Reg Gr

BOI AXA Mutual Funds

Bank of India Short Term Income Fund (Growth)

DebtShort Term

22.3188

NAV (Jan 27)

8.9%
3 Year CAGR
Scripbox Opinion
Not Recommended
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

Poor

The performance of the fund on a Rolling Returns metric has been Poor

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

22.3188

NAV (Jan 27)

Fund Returns

Last 1Y

27.4%

Last 3Y

8.9%

Last 5Y

3.6%

Last 10Y

5.9%

Since Inception

5.9%

6 Month CAGR

9.8%

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 (15y ago)

Dec 18, 2008

AUM in Crores

74.418

ISIN

INF761K01579

Lock-in

No Lock-in

Benchmark

CRISIL Short Term Bond Fund TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

11.5

Standard Deviation (5yr)

11

Beta (3yr)

0.89

Beta (5yr)

0.78

Sharpe Ratio (3yr)

0.44

Sharpe Ratio (5yr)

-0.083

YTM

6.85

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%798,303 65,6913.6%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2023-01-27

Top Debt Holdings

7.38% govt stock 2027

18.3%
18.3%

7.26% govt stock 2032

12.3%
12.3%

india (republic of)

9.1%
9.1%

364 Days Treasury Bill 18-05-2023

6.6%
6.6%

5.63% govt stock 2026

6.5%
6.5%
See all holdings

Compare Bank of India Short Term Income Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 52,076 cr

₹ 15,112 cr

₹ 16,307 cr

-

₹ 52,076 cr

About the AMC

BOI AXA Investment Mngrs Private Ltd

Bank of India Investment Managers Private Limited manages assets worth 3,417 crores and was set up on 12 April 2007. It's current offering of mutual fund schemes includes 29 equity,35 debt and 18 hybrid funds.

amc-img

  • 022-40479000
  • service@boiaxa-im.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    20.4%

    18.5%

    23.8%

    8.9%

    19.9%

    17.9%

    32%

    26.4%

    20%

    18%

    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 14 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 1/27/2023 is ₹22.32 with the total AUM as of 1/28/2023 is ₹74.418. 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 27.4% 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)?

    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 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 1.06% for regular plan.