- 1M
- 3M
- 6M
- 1YR
- 3YR
- 5YR
- 10YR
- Since Inception
Performance
Monthly SIP of ₹ for
Below table shows comparison of Bank Of India Short Term Income Fund with respect to the investments in Fixed Deposit and Gold for the
Total investment of
₹36,000 over the period of 3 years.
Total Value | Gain | Return % | |
---|---|---|---|
This Fund | 41,772 |
5,772 |
9.88% |
Bank FD | 39,824 |
3,824 |
6.5% |
Gold | 40,770 |
4,770 |
8.00% |
Fund Information
-
As of 31 Jan 2024, fund size of Bank Of India Short Term Income Fund is
88.12 Cr. -
Bank Of India Short Term Income Fund shown here is of
Growthplan.
-
The Total Expense Ratio (TER) of the fund is
1.06%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.
-
Bank Of India Short Term Income Fund is an
Debtoriented mutual fund in the
- Short Duration Fundcategory.
-
Nifty 50 Arbitrage Index
is the benchmark for Bank Of India Short Term Income Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.
-
The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on
18 Dec 2008as at present it is 16 years old fund.
-
Name of the AMC is
Bank of India Mutual Fund.
Click here to
know moreabout Bank of India Mutual Fund.
Fund Managed By
Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Bank Of India Short Term Income Fund managed by following fund manager(s);
How does the
Return Comparison of the Bank Of India Short Term Income Fund fare against peer funds in the Short Duration fund category?
Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Bank Of India Short Term Income Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Short Duration fund category these peer funds belongs to.
Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
---|---|---|---|---|---|---|---|---|---|
Category Best | 0.42% | 1.05% | 6.92% | 6.92% | 13.59% | 15.38% | 12.56% | 9.39% | 7.95% |
Category Average | 0.29% | 0.77% | 4.08% | 4.55% | 6.93% | 5.32% | 5.49% | 6.40% | 7.17% |
Bank Of India Short Term Income Fund | 0.19% | 0.75% | 2.15% | 3.92% | 7.67% | 10.42% | 12.69% | 8.20% | 5.69% |
ICICI Prudential Short Term Fund | 0.26% | 0.76% | 2.17% | 4.13% | 8.20% | 7.74% | 6.33% | 6.97% | 7.63% |
Aditya Birla Sun Life Short Term Fund | 0.26% | 0.83% | 2.32% | 4.23% | 8.31% | 7.44% | 6.04% | 6.68% | 7.54% |
Axis Short Term Fund | 0.28% | 0.85% | 2.30% | 4.16% | 8.35% | 7.47% | 5.84% | 6.48% | 7.28% |
UTI Short Term Income Fund | 0.26% | 0.87% | 2.37% | 4.13% | 8.39% | 7.52% | 6.00% | 7.56% | 6.48% |
HDFC Short Term Debt Fund | 0.27% | 0.87% | 2.43% | 4.42% | 8.69% | 7.87% | 6.07% | 6.85% | 7.58% |
Fund Portfolio Details
Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Bank Of India Short Term Income Fund are shown below;
Equity -
Debt 95.09%
Others 4.91%
Top Holdings
Name of the Instrument | Holding Percentage |
---|---|
GOVERNMENT OF INDIA 32584 GOI 06FB33 7.26 FV RS 100 | 23.96% |
GOVERNMENT OF INDIA 31719 GOI 20JU27 7.38 FV RS 100 | 9.74% |
POWER FINANCE CORPORATION LTD. SR-150B 7.63 BD 14AG26 FVRS10LAC | 9.05% |
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24A 7.5 BD 31AU26 FVRS1LAC | 6.76% |
GOVERNMENT OF INDIA 33298 GOI 14AG33 7.18 FV RS 100 | 5.69% |
Others | 44.80% |
Allocation by Instruments
Type of the Instrument | Holding Percentage |
---|---|
GOVERNMENT SECURITIES | 39.39% |
BOND | 27.72% |
COMMERCIAL PAPER | 5.61% |
CERTIFICATE OF DEPOSIT | 12.34% |
TREASURY BILLS | 1.87% |
DEBENTURE | 1.09% |
Portfolio Holdings shown is as of 31 Jan 2024
Riskometer
Investors understand that their
principal
will be at Moderate risk