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Bank of India Short Term Fund

Short DurationModerateOPEN-ENDED
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NAV as on 9 Nov 2026
₹28.55+0.09%1 day
Return since launch
5.9%
52-week range
₹27.36 — ₹28.54
AUM
₹254 Cr

Bank of India Short Term Fund is a Short Duration debt fund from Bank of India Mutual Fund with ₹254 Cr under management, launched in 2008. Over three years it has returned 6.2% a year, against 6.7% for its category. The expense ratio is 1.19% and the SEBI riskometer reading is Moderate.

Performance

Bank of India Short Term Fund NAV and returns

Growth of the fund against its category average over the period you pick.

Over 1Y this fund returned +4.3% against +4.3% for its category.

Performance

Returns

How the fund has done against its category and its benchmark.

Trailing returns
PeriodFundvs categoryCategoryBenchmark
1Y4.6%+0.3 pts4.3%4.5%
2Y5.1%0.0 pts5.1%5.2%
3Y6.2%−0.5 pts6.7%6.0%
5Y7.6%+1.5 pts6.0%6.3%
7Y8.3%+2.1 pts6.2%6.0%
10Y6.5%+0.3 pts6.2%6.2%

Fund against category

1Y
Fund4.6%
Category4.3%
3Y
Fund6.2%
Category6.7%
5Y
Fund7.6%
Category6.0%

Since launch (3 Dec 2008): 5.9%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
20257.0%−1.1 pts8.1%
20249.0%+0.7 pts8.3%
20236.0%−1.4 pts7.3%
202226.9%+22.0 pts5.0%
20213.1%−1.5 pts4.5%
2020-1.1%−10.9 pts9.8%

Returns over one year are annualised. Shorter periods are absolute.

Costs & terms

Costs and terms

What the fund charges each year, and the rules around putting money in and taking it out.

Costs

1.19%

Expense ratio as on 6 Nov 2026

Charged yearly and already deducted from the NAV.

Base expense
1.00%
Brokerage
0.01%
Transaction charges
0.00%
Statutory levies
0.18%
Exit load
Exit load of 1% if units in excess of 10% of the initial units allotted are redeemed within 6 months
Lock-in
None

Terms

Min SIP
₹3,000
Min lumpsum
₹5,000
Plan
GROWTH
Fund type
OPEN-ENDED
Benchmark
CRISIL Short Duration Debt A-II Index

Risk

Risk

What the riskometer means for this fund, and how its ratios sit against the category.

Moderate

Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.

Risk ratios
RatioFundCategory avgRead as
Alpha——Return earned above what the benchmark alone would have given. Higher is better.
Beta——How hard the fund moves when the market moves. Under 1 is steadier than the market.
Sharpe0.670.83Return earned for each unit of total risk taken. Higher is better.
Sortino1.301.36Return earned for each unit of downside risk. Higher is better.
Std. deviation1.651.37How widely monthly returns have varied around their own average. Lower is steadier.
Average of 5 category peers

Portfolio

Bank of India Short Term Fund portfolio

Portfolio as of 30 Sep 2026

Asset allocation

  • Debt96.5%
  • Other3.5%

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
Power Finance Corporation Ltd.Financial8.07%₹20.92 Cr+2.24%+1.80%+2.54%
LIC Housing Finance Ltd.Financial7.65%₹19.84 Cr+7.34%+7.13%+8.30%
L&T Finance Ltd.Financial7.46%₹19.35 Cr+7.03%——
Muthoot Finance Ltd.Financial5.79%₹14.98 Cr+7.44%+7.28%+8.44%
Canara BankFinancial5.62%₹14.56 Cr+5.29%——
Small Industries Devp. Bank of India Ltd.Financial5.41%₹14.02 Cr+5.19%+5.35%+4.23%
OthersOthers4.62%₹12.03 Cr+0.87%+0.84%+0.54%
Torrent Pharmaceuticals Ltd.Healthcare4.58%₹11.86 Cr+4.42%+4.28%—
Godrej Industries Ltd.Consumer Staples3.86%₹10.01 Cr+3.72%+3.61%+4.23%
Indian Railway Finance Corporation Ltd.Financial3.83%₹9.92 Cr+3.73%+3.59%+4.22%

Sectors

  • Financial60.8%
  • Sovereign19.2%
  • Others6.5%
  • Metals & Mining5.0%
  • Healthcare4.6%
  • Consumer Staples3.9%

Instruments

  • Non Convertible Debenture33.8%
  • Certificate of Deposit19.7%
  • GOI Securities19.2%
  • Commercial Paper9.3%
  • Debenture7.0%
  • Bonds3.8%
  • Net Receivables2.8%
  • State Development Loan1.9%

Recent changes

HoldingFromToWeight
National Bank For Agriculture & Rural Development1.34%1.92%+0.58%
L&T Finance Ltd.7.39%7.46%+0.07%
Canara Bank5.57%5.62%+0.05%
Small Industries Devp. Bank of India Ltd.5.46%5.41%-0.05%
ICICI Securities Ltd.3.70%3.73%+0.03%
LIC Housing Finance Ltd.7.63%7.65%+0.02%
Godrej Housing Finance Ltd.1.85%1.87%+0.02%
HDFC Bank Ltd.3.79%3.78%-0.01%
Muthoot Finance Ltd.3.86%3.87%+0.01%
Bajaj Finance Ltd.1.92%1.93%+0.01%
GOI1.96%1.95%-0.01%
Others0.30%0.31%+0.01%
Punjab National Bank1.11%1.12%+0.01%
Punjab State1.86%1.85%-0.01%
Godrej Industries Ltd.3.85%3.86%+0.01%
Power Finance Corporation Ltd.8.06%8.07%+0.01%
Indian Railway Finance Corporation Ltd.3.83%3.83%0.00%
Reserve Bank of India0.72%0.72%0.00%
Torrent Pharmaceuticals Ltd.4.58%4.58%0.00%
Vedanta Ltd.1.95%1.95%0.00%

Compare

Similar funds

The rest of the category, so this fund’s numbers have something to sit against.

FundAUMExpense1Y3Y5Y
Category average₹7,266 Cr0.78%5.1%6.3%6.6%
ICICI Prudential Short Term Fund₹18,468 Cr1.03%4.7%6.3%6.7%
Bandhan Short Term Fund₹8,628 Cr0.86%5.3%6.4%6.6%
Axis Short Term Fund₹7,395 Cr0.95%5.0%6.5%6.7%
Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund₹1,651 Cr0.33%6.0%——
Sundaram Short Term Fund₹190 Cr0.73%4.7%6.0%6.3%
See all Short Duration funds

About

About this fund

The scheme’s own words, its benchmark and the people running it.

Investment objective

The scheme seeks to generate reasonable returns by investing in debt and money market instruments. The scheme would not be investing more than 70% into securities having average maturity of more than 370 days.

Fund managers

  • Mithraem BharuchaMr. Bharucha is a BMS and MBAPrior to joining Bank of India Mutual Fund, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.
Scheme information document

Tools

Return calculator

What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.

₹
Over the pastTotal investmentWould’ve becomeGrowthReturns
6 months2.83% absolute₹60,000₹61,6982.83%
1 year4.29% annualised₹1,20,000₹1,22,8252.35%
3 years7.05% annualised₹3,60,000₹4,01,94911.65%
5 years10.34% annualised₹6,00,000₹7,88,10131.35%

Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.

How this is calculated

Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.

The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.

Questions

Frequently asked questions

The things people ask about this scheme.

What is the NAV of Bank of India Short Term Fund?
The NAV of Bank of India Short Term Fund is ₹28.55 as on 9 Nov 2026.
What is the expense ratio of Bank of India Short Term Fund?
The expense ratio of Bank of India Short Term Fund is 1.19% per year.
What is the minimum SIP amount for Bank of India Short Term Fund?
You can start a SIP in Bank of India Short Term Fund with ₹3,000 a month.
What returns has Bank of India Short Term Fund given?
Bank of India Short Term Fund has returned 4.6% over 1 year, 6.2% over 3 years and 7.6% over 5 years (annualised).
Is there a lock-in or exit load on Bank of India Short Term Fund?
Lock-in: None. Exit load: Exit load of 1% if units in excess of 10% of the initial units allotted are redeemed within 6 months.
How risky is Bank of India Short Term Fund?
Bank of India Short Term Fund is rated Moderate on the SEBI riskometer and belongs to the Short Duration category.
Which fund house manages Bank of India Short Term Fund?
Bank of India Short Term Fund is managed by Bank of India Mutual Fund, which runs 23 schemes with ₹17,978 Cr under management.