Bank Of India Regular Return Fundeco Planmonthly Idcw Reinvestment

Bank Of India Regular Return Fundeco Planmonthly Idcw Reinvestment is a scheme launched by Bank of India Mutual Fund on March 18, 2009, and falls under the Conservative fund category. It currently manages an AUM of Rs 66.93 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 10000. It charges an expense ratio of 1.69% for managing the portfolio.

• Investing Strategy:

  The Scheme seeks to generate regular income through investments in fixed income securities and also to generate long term capital appreciation by investing a portion in equity and equity related instruments. 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.

• Performance:

  Bank Of India Regular Return Fundeco Planmonthly Idcw Reinvestment trailing returns over different times are 3.46% (1 year), 8.12% (3 year) and 9.73% (5 year). The average annual return of this fund stands at 3.6%.