BANK OF INDIA Short Term Income Fund-Direct Plan- Growth
As on 07 Nov 2024
BANK OF INDIA Short Term Income Fund-Direct Plan- Growth
DebtNAV
₹ 27.58
CAGR (3 Years)
13.95%
AUM (Cr)
₹ 71.82
Risk
Low to Moderate Risk
About BANK OF INDIA Short Term Income Fund-Direct Plan- Growth
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.
Breakdown of this Fund
Debt Others
187.37%
Govt. Securities
92.23%
T Bills
19.53%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.09
Exit Load
Nil
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.