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Home Mutual FundsDebtShort Duration FundBank Of India Short Term Income Fund

Bank Of India Short Term Income Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Short Duration Fund category.

The NAV for Bank Of India Short Term Income Fund Fund is 26.007 as of 11 Mar 2025. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 13.93% annualized return for the last 3 years.

At present Bank Of India Short Term Income Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Fund Information

  • As of 31 Aug 2023, 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 Growth plan.

  • 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 Debt oriented mutual fund in the - Short Duration Fund category.

  • 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 2008 as at present it is 16 years old fund.

  • Name of the AMC is Bank of India Mutual Fund. Click here to know more about 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);

Riskometer

Investors understand that their principal
will be at Moderate risk

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 0.26% 0.53% 1.57% 5.11% 8.75% 7.87% 13.93% 7.77% 7.42%
Category Average 0.16% 0.39% 1.37% 3.20% 6.79% 6.88% 6.30% 6.00% 6.68%
Bank Of India Short Term Income Fund 0.21% 0.43% 1.49% 5.11% 8.75% 7.69% 13.93% 7.77% 5.69%
ICICI Prudential Short Term Fund 0.20% 0.45% 1.57% 3.50% 7.51% 7.71% 7.02% 6.69% 7.42%
HDFC Short Term Debt Fund 0.16% 0.34% 1.49% 3.52% 7.72% 7.87% 6.60% 6.54% 7.41%
Aditya Birla Sun Life Short Term Fund 0.18% 0.42% 1.50% 3.53% 7.51% 7.59% 6.59% 6.77% 7.31%
UTI Short Term Income Fund 0.14% 0.38% 1.43% 3.39% 7.25% 7.58% 6.46% 7.35% 6.27%
Axis Short Term Fund 0.17% 0.42% 1.55% 3.65% 7.61% 7.63% 6.43% 6.28% 7.12%

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 87.80%

Others 12.20%

Top Holdings

Name of the InstrumentHolding Percentage
GOVERNMENT OF INDIA 32584 GOI 06FB33 7.26 FV RS 100 22.12%
GOVERNMENT OF INDIA 31719 GOI 20JU27 7.38 FV RS 100 8.96%
POWER FINANCE CORPORATION LTD. SR-150B 7.63 BD 14AG26 FVRS10LAC 8.37%
EXPORT IMPORT BANK OF INDIA 364D CP 15MAR24 7.06%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 4.58 BD 18DC23 FVRS10LAC 5.19%
Others 48.30%
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Allocation by Instruments

Type of the InstrumentHolding Percentage
GOVERNMENT SECURITIES 36.13%
BOND 23.55%
COMMERCIAL PAPER 12.05%
CERTIFICATE OF DEPOSIT 10.23%
DEBENTURE 4.17%
TREASURY BILLS 1.67%

Portfolio Holdings shown is as of 31 Aug 2023