Bank of India Short Term Income Fund Direct IDCW Monthly

Debt
Short Duration
Moderate Risk
Payout
9.42%
3Y annualised
+0.13% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 02 Feb 2023₹11.68
Min. SIP amountNot Supported
Rating2
Fund size₹76.57Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns28.1%9.4%4.1%6.6%
Category average4.7%5.7%5.9%NA
Rank with in category1120NA
Understand terms

Holdings (15)

NameSectorInstrumentAssets
GOISovereignGOI Sec17.7%
GOISovereignGOI Sec11.9%
Reserve Bank of India
FinancialT-Bills6.4%
GOI
SovereignGOI Sec6.3%
REC Ltd.FinancialBonds5.3%
Power Finance Corporation Ltd.FinancialDebenture5.2%
Bharat Petroleum Corporation Ltd.EnergyDebenture3.3%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture3.2%
Tata Power Company Ltd.
EnergyDebenture2.6%
Tata Motors Finance Ltd.
FinancialDebenture2.6%
See All

Pros and cons

Category: Debt Short Duration

Pros

Cons

1Y category rank: 1, 3Y category rank: 1
5Y and 10Y annualised returns lower than category average
Consistently higher annualised returns than category average for the past 1Y and 3Y
Higher expense ratio: 0.55%
Exit load is zero
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Higher alpha: 5.36 The fund has generated returns higher than benchmark - CRISIL Short Duration Fund BII Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.55%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIPNot Supported

Fund management

Mithraem Bharucha
Aug 2021 - Present
View details

Education
Mr. Bharucha is a BMS and MBA
Experience
Prior to joining BOI AXA Investment Managers Private Limited, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
B/204-Tower 1,Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
Website
NA
BOI AXA Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

Compare funds

Bank of India Short Term Income Fund Direct IDCW Monthly
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2023 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.7.0
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI