Bank of India Short Term Income Fund (2024)

Liq-uity is a revolutionary new concept in investing where the daily gains, if any, from BOI AXA Liquid Fund (BALF) or BOI AXA Ultra Short Duration Fund get transferred (BAUSDF) to BOI AXA Large & Mid Cap Fund (BALMCF) / BOI AXA MANUFACTURING & INFRASTRUCTURE FUND (BAMIF) on all business days. So your capital is liquid, and your daily gains keep growing! Could there be a better way to invest?

Liq-uity is a revolutionary new concept in investing where the daily gains, if any, from BOI AXA Liquid Fund (BALF) or BOI AXA Ultra Short Duration Fund (BAUSDF) get transferred to BOI AXA Large & Mid Cap Fund (BAELMCF) / BOI AXA MANUFACTURING & INFRASTRUCTURE FUND (BAMIF) on all business days. So your capital is liquid, and your daily gains keep growing! Could there be a better way to invest?

WHAT IS Liq-uity

• For investors opting for the Daily Dividend Transfer Facility under Liq-uity in BALF/ BAUSDF, the daily dividend gets transferred to BALMCF / BAMIF while the initial investment remains invested in BALF / BAUSDF.
• For investors opting for the Growth Option, the daily appreciation in NAV gets switched from BALF / BAUSDFin to BALMCF/ BAMIF. To effect the switch, the Units in BALF/BAUSDF will automatically get redeemed to the extent of the daily appreciation amount and the appreciation amount will be invested in BALMCF/ BAMIF.
• Daily transfer of such gains enables you to ride market volatility with the endeavor to optimize returns.

Advantages of Liq-uity

• Enables investors to get the best out of both fixed income and equity investments
  • Enjoy the benefits of Liq-uity
  • Enjoy the opportunity to earn attractive returns in line with equity markets
• Conservative
  • Only your gains earned from BALF / BAUSDFare transferred to BALMCF/ BAMIF
  • Initial Capital remains invested in BALF / BAUSDFat all times
• Daily Participation in Equities
  • Take advantage of Rupee Cost Averaging on a daily basis (on all business days)