How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

Bank Of India Short Term Income Fundinstitutional Planweekly Idcw Payout - Investment Information

Status: Closed

About This Fund

Bank Of India Short Term Income Fundinstitutional Planweekly Idcw Payout

Investment Details

Fund size

Min. Investment

₹5,000

Min. Sip Inv.

Min. Addl Inv.

₹1,000

Expense Ratio

Turn over

Exit Load

Basic Details

AMC Information

All Funds from Bank of India

AMC

Bank of India Mutual Fund

service@boimf.in

Office No

022-61249000

Website

www.boimf.in

Address

B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013

All Funds from Bank of India

Monthly SIP

One Time

SIP Amount

₹

Monthly SIP Date

Fund Suspended: Currently this fund is not available for Investments.

Bank Of India Short Term Income Fundinstitutional Planweekly Idcw Payout

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Everything You Need To Know To Get Started With Confidence

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.

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