Bank of India S/T Income Direct Growth
DebtShort DurationModerate Risk
Direct
NAV (17-May-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹77 Cr
Expense Ratio
0.52%
ISIN
INF761K01736
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 17-May-24, it has a Net Asset Value (NAV) of ₹26.08, Assets Under Management (AUM) of 76.67 Crores, and an expense ratio of 0.52%.
- Bank of India S/T Income Direct Growth has given a CAGR return of 6.65% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 65.27% in debts, and 34.43% in cash & cash equivalents.
- You can start investing in Bank of India S/T Income Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+6.33%
+5.34% (Cat Avg.)
3 Years
+12.34%
+5.06% (Cat Avg.)
5 Years
+4.33%
+5.64% (Cat Avg.)
10 Years
+6.38%
+6.07% (Cat Avg.)
Since Inception
+6.65%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Debt | ₹50.05 Cr | 65.27% |
| Others | ₹26.63 Cr | 34.73% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹16.04 Cr | 20.92% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹8.54 Cr | 11.14% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹7.98 Cr | 10.41% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹6.6 Cr | 8.61% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹6.58 Cr | 8.59% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.96 Cr | 7.77% |
| Repo | Cash - Repurchase Agreement | ₹5.54 Cr | 7.22% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹4.79 Cr | 6.25% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹4.02 Cr | 5.24% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹3 Cr | 3.91% |
| Net Receivables / (Payables) | Cash | ₹2.79 Cr | 3.64% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹1.98 Cr | 2.58% |
| India (Republic of) | Bond - Short-term Government Bills | ₹1.57 Cr | 2.04% |
| Reliance Jio Infocomm Limited | Bond - Corporate Bond | ₹0.96 Cr | 1.26% |
| Corporate Debt Market Development Fund | Mutual Fund - Open End | ₹0.23 Cr | 0.30% |
| Treps | Cash - Repurchase Agreement | ₹0.1 Cr | 0.12% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹27.58 Cr | 35.97% |
| Bond - Corporate Bond | ₹20.9 Cr | 27.25% |
| Cash - CD/Time Deposit | ₹17.97 Cr | 23.44% |
| Cash - Repurchase Agreement | ₹5.63 Cr | 7.34% |
| Cash | ₹2.79 Cr | 3.64% |
| Bond - Short-term Government Bills | ₹1.57 Cr | 2.04% |
| Mutual Fund - Open End | ₹0.23 Cr | 0.30% |
Risk & Performance Ratios
Standard Deviation
This fund
9.65%
Cat. avg.
1.93%
Lower the better
Sharpe Ratio
This fund
0.68
Cat. avg.
-0.54
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.02
Higher the better
Fund Managers
Mithraem Bharucha
Since August 2021
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF761K01736 | Expense Ratio | 0.52% | Exit Load | No Charges | Fund Size | ₹77 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Short Term Bond TR INR |
|---|
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Axis Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹7944.42 Cr | 6.5% |
| Mirae Asset Short Term Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹346.19 Cr | 6.1% |
| Tata Short Term Bond Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹2333.49 Cr | 6.1% |
| Bandhan Bond Fund - Short Term Plan Regular Growth Moderate Risk | 0.8% | 0.0% | ₹8649.34 Cr | 6.5% |
| Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹346.19 Cr | 7.0% |
| ICICI Prudential Short Term Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹18091.83 Cr | 7.2% |
| Mahindra Manulife Short Duration Fund Regular Growth Moderate Risk | 1.3% | 0.0% | ₹50.06 Cr | 6.3% |
| Mahindra Manulife Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹50.06 Cr | 7.3% |
| Nippon India Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹5496.93 Cr | 6.7% |
| HDFC Short Term Debt Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹12947.96 Cr | 7.1% |
About the AMC
Total AUM
₹6,856 Cr
Address
B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013
Other Funds by BOI Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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- Mithraem Bharucha
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