  Several models of inflection point inflation with the volume modulus as the
inflaton are investigated. Non-perturbative superpotentials containing two
gaugino condensation terms or one such term with threshold corrections are
considered. It is shown that the gravitino mass may be much smaller than the
Hubble scale during inflation if at least one of the non-perturbative terms has
a positive exponent. Higher order corrections to the Kahler potential have to
be taken into account in such models. Those corrections are used to stabilize
the potential in the axion direction in the vicinity of the inflection point.
Models with only negative exponents require uplifting and in consequence have
the supersymmetry breaking scale higher than the inflation scale. Fine-tuning
of parameters and initial conditions is analyzed in some detail for both types
of models. It is found that fine-tuning of parameters in models with heavy
gravitino is much stronger than in models with light gravitino. It is shown
that recently proposed time dependent potentials can provide a solution to the
problem of the initial conditions only in models with heavy gravitino. Such
potentials can not be used to relax fine tuning of parameters in any model
because this would lead to values of the spectral index well outside the
experimental bounds.
