Click here for top ranked funds in short term mutual funds.
However, Scripbox does not recommend investing in short term mutual funds.
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.
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Historical NAV
₹ 17.4187
NAV (Sep 23)
Fund Returns
Last 1Y
4.1%
Last 3Y
-3.5%
Last 5Y
0.3%
Last 10Y
4.3%
Since Inception
4.4%
6 Month CAGR
2.2%
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.
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.
BOI AXA Investment Mngrs Private Ltd manages assets worth 2,534 crores and was set up on 12 April 2007. It's current offering of mutual fund schemes includes 29 equity,24 debt and 25 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About BOI AXA Short Term Income Fund (G)
About BOI AXA Short Term Income Fund (G)
BOI AXA Short Term Income Fund (G) is a Short Term Debt fund and has delivered an annualised return of 4.4% over a period of 12 years. The fund was previously known as Bharti AXA S/T Income Reg Gr . The fund is managed by BOI AXA Investment Mngrs Private Ltd. The fund managers are Alok Singh, Mithraem Bharucha
BOI AXA Short Term Income Fund (G) 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. . However, there is no assurance that the objective of the scheme will be realized.
BOI AXA Short Term Income Fund (G) NAV,AUM,Risk
The BOI AXA Short Term Income Fund (G) fund was launched on Dec 18, 2008. The NAV (Net Asset Value) of this Short Term Debt fund as of 2021-09-23 is ₹17.42. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹29.012. The category risk of the BOI AXA Short Term Income Fund (G) fund is Moderate Risk. The fund charges 1.09 % as expense ratio.
BOI AXA Short Term Income Fund (G) Holdings
The fund’s highest allocation is towards Debt and has invested 59.5% in this asset class. The top three holdings of the fund are , treps , bharat petroleum corporation limited , rec limited , power grid corporation of india limited , axis bank limited , small industries development bank of india , national highways authority of india , l&t infrastructure finance company limited , hdfc bank limited , 5.85% govt stock 2030 , net receivables / (payables) , 182 dtb 06012022
BOI AXA Short Term Income Fund (G) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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.
BOI AXA Short Term Income Fund (G) Investment volatility and Horizon
This fund 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.
BOI AXA Short Term Income Fund (G) Review
BOI AXA Short Term Income Fund (G) has a score of 3 on a scale of 5. The fund has a score of 4 out of 5 based on historical performance. As compared to the other funds in its category, BOI AXA Short Term Income Fund (G) has a score of 1out of 5
The credit risk of the fund is 5 out of 5 as compared to other debt funds.
