Bank of India Short Term Income Fund Regular-Growth

Q: What are the returns of Bank of India Short Term Income Fund?

The Bank of India Short Term Income Fund is a 16 yrs 9 m old fund and has delivered average annual returns of 5.99% since inception. Bank of India Short Term Income Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.4% 9.68% 10.07% 5.67% 5.99%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹27.0166+0.06% 1 day change	5.99% p.a.	App exclusive #NA View Ranked Funds	₹137 Cr

Historical NAV & returns

NAV: ₹27.0166 as on Sep 03, 2025

This fund Category average

Bank of India Short Term Income Fund overview

Expense ratio	1.07% as on Aug 31, 2025
Plan type	Regular
Exit load	0%
AUM (Fund size)	₹137 Cr
Lock-in Period	Nil
Age	16 yrs 9 m since Dec 03, 2008
Benchmark	CRISIL Short Duration Debt A-II Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Bank of India Short Term Income Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Sep 04, 2025

Period	This fund	Category average
1 Month	0.09%	-0.14%
3 Months	0.91%	0.68%
6 Months	4.1%	4.28%
1 Year	9.4%	7.91%
2 Years	8.14%	7.64%
3 Years	9.68%	7.22%
4 Years	11.61%	6.33%
5 Years	10.07%	6.06%
7 Years	4.84%	6.6%
10 Years	5.67%	6.77%

Asset allocationas on May 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 49.63%

A1+ 26.86%

SOV 15.41%

Cash & Call Money 7.92%

Top Debt Holdings

GOI 15.23%

REC Ltd. 8.25%

Small Industries Devp. Bank of India Ltd. 7.5%

Indian Railway Finance Corporation Ltd. 7.5%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 0.18%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bank of India Short Term Income Fund	N.A.	137 Cr	16 yrs 9 m	1.07%
ICICI Prudential Short Term Fund	N.A.	21,284 Cr	23 yrs 10 m	1.05%
UTI Short Duration Fund	N.A.	2,822 Cr	18 yrs	0.82%
Sundaram Short Duration Fund	N.A.	214 Cr	22 yrs 3 m	0.89%
Baroda BNP Paribas Short Duration Fund	N.A.	199 Cr	15 yrs 2 m	1.08%
Aditya Birla Sun Life Short Term Fund	N.A.	8,343 Cr	22 yrs 4 m	0.99%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bank of India Short Term Income Fund	0.09%	4.1%	9.4%	9.68%	10.07%	5.67%
ICICI Prudential Short Term Fund	0.0%	4.52%	8.12%	7.63%	6.39%	7.5%
UTI Short Duration Fund	-0.07%	4.28%	7.84%	7.31%	6.92%	6.33%
Sundaram Short Duration Fund	-0.12%	4.14%	7.96%	7.26%	7.09%	6.25%
Baroda BNP Paribas Short Duration Fund	-0.16%	4.38%	8.0%	7.28%	5.73%	6.98%
Aditya Birla Sun Life Short Term Fund	-0.13%	4.36%	8.06%	7.31%	6.28%	7.37%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bank of India Short Term Income Fund	4.44	2.48	0.68	4.19
ICICI Prudential Short Term Fund	0.79	1.78	1.36	2.39
UTI Short Duration Fund	0.93	2.33	0.82	1.52
Sundaram Short Duration Fund	1.05	2.57	0.66	1.22
Baroda BNP Paribas Short Duration Fund	1.07	2.72	0.7	1.35
Aditya Birla Sun Life Short Term Fund	1.0	2.44	0.76	1.29

View all Short Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	7.6 vs. 3.72 Higher outperformance against benchmark
Sharpe	0.68 vs. 3.75 Poor risk-adjusted returns
Beta	2.48 vs. 1.55 More sensitive to market's ups & downs
Standard deviation	4.44 vs. 1.06 More volatile performance

Compare Bank of India Short Term Income Fund in detail with

About this fund

About Bank of India Short Term Income Fund

Bank of India Short Term Income Fund Regular-Growth is a Short Duration mutual fund scheme from Bank Of India Mutual Fund. This fund has been in existence for 16 yrs 9 m, having been launched on 03/12/2008. Bank of India Short Term Income Fund Regular-Growth has ₹137 Crores worth of assets under management (AUM) as on 31/05/2025 and is small fund of its category. The latest Net Asset Value (NAV) of Bank of India Short Term Income Fund Regular-Growth as of 03/09/2025 is ₹27.02. The fund has an expense ratio of 1.07%, which is higher than what most other Short Duration funds charge.

Bank of India Short Term Income Fund Regular-Growth returns of last 1-year are 9.43%. Since launch, it has delivered 6.12% average annual returns. The fund has doubled the money invested in it every 12 yrs.
Bank of India Short Term Income Fund Regular-Growth scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is high.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, REC Ltd., Small Industries Devp. Bank of India Ltd., Indian Railway Finance Corporation Ltd., Tata Capital Housing Finance Ltd..

...

Fund AUM	137 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Mithraem Bharucha

Mr. Bharucha is a BMS and MBA Prior to joining Bank of India Mutual Fund, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.

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.

Bank of India Mutual Fund details

No. of schemes	21 view all schemes
Total AUM	12,458 Cr as on Jun 30, 2025
Address	B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai, 400013
Email	service@boiaxa-im.com

More funds from Bank of India Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Bank of India Liquid Fund	N.A.	1,849 Cr	6.96%	7.05%
Bank of India Overnight Fund	N.A.	72 Cr	6.26%	6.52%
Bank of India Ultra Short Duration Fund	N.A.	224 Cr	6.8%	6.44%
Bank of India Credit Risk Fund	N.A.	110 Cr	6.03%	5.71%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Bank of India Short Term Income Fund?

The current Net Asset Value (NAV) of the Bank of India Short Term Income Fund - Direct Growth plan is approximately ₹27.0166 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The Bank of India Short Term Income Fund is a 16 yrs 9 m old fund and has delivered average annual returns of 5.99% since inception.

Bank of India Short Term Income Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.4%	9.68%	10.07%	5.67%	5.99%

How much does this mutual fund charge as expense ratio?

The Bank of India Short Term Income Fund - Direct Growth has an expense ratio of 1.07%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Bank of India Short Term Income Fund currently has assets under management (AUM) or fund size valued at approximately 137 Cr as on May 31, 2025.

To whom does Bank of India Short Term Income Fund lend to?

The top 3 debt holdings of Bank of India Short Term Income Fund are as follows

Holding Name	Percentage of Portfolio
GOI	15.23%
REC Ltd.	8.25%
Small Industries Devp. Bank of India Ltd.	7.5%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Bank of India Short Term Income Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	49.63%
A1+	26.86%
SOV	15.41%

What is risk level of Bank of India Short Term Income Fund?

This is a Short Duration fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Bank of India Short Term Income Fund?

Bank of India Short Term Income Fund Regular-Growth is the regular plan of the fund. For this plan of you pay 1.07% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.52%. That's 0.55% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 0.55% if you opt for direct plan of Bank of India Short Term Income Fund

How can I redeem my investments in Bank of India Short Term Income Fund?

Redeeming your investments in Bank of India Short Term Income Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Bank of India Short Term Income Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Short Duration

#NA

Return Outperformance: This fund has generated highest return amongst Short Duration funds in the last 5 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.