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BANK OF INDIA SHORT TERM INCOME FUND

Bank of India Mutual FundDirectOpen-endedShort Duration FundRiskometer: Low to Moderate Risk

NAV

₹31.02

as of 21 Aug 2026

BANK OF INDIA SHORT TERM INCOME FUND is an open-ended Short Duration Fund scheme from Bank of India Mutual Fund managing ₹272 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹31.02 as of 21 Aug 2026. The expense ratio is 0.45% a year. Managed by Mithraem Bharucha. This page is factual data only — it carries no rating and no recommendation.

Key facts

Expense ratio
0.45% / yr
as of 30 Jun 2026
Fund size
₹272 crore
as of 31 Jul 2026
Exit load
None
SIP available
Yes
Launched
18 Dec 2008
ISIN
INF761K01736

₹100 invested, fund vs category

The category line is the average of the funds in this category, built from NYVO’s own NAV data.

Rebased to 100data to 20 Aug 2026

Aug 2021Aug 2026
Growth of ₹100, BANK OF INDIA SHORT TERM INCOME FUND versus Short Duration Fund average.

BANK OF INDIA SHORT TERM INCOME FUND

₹167

+67% on ₹100 over 5.0 yrs

Short Duration Fund average

₹136

+36% on ₹100 over 5.0 yrs

Returns vs category

WindowFundCategory avgGap
3 months2.60%––
6 months2.87%––
1 year5.68%––
3 years (CAGR)7.76%––
5 years (CAGR)10.81%––

No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.

Risk, measured

Sharpe ratio (3Y)
0.80
Sharpe ratio (5Y)
0.63
Sortino ratio (3Y)
1.87 vs category 0.89
Standard deviation (3Y)
1.57%
Deepest fall (5Y)
-0.47%

Where the money actually is

Bonds

64.6%

Cash

35.1%

Other

0.3%

Whole-portfolio split, as of 31 Jul 2026.

What it owns

31 positions · top 10 = 47.5%

Top holdings

  • Repo7.47%
  • LIC Housing Finance Ltdmatures 17 Sep 20277.30%
  • Bank of Baroda7.17%
  • L&T Finance Limitedmatures 19 Mar 20277.02%
  • 6.48% Govt Stock 2035matures 6 Oct 20355.52%
  • Canara Bankmatures 3 Dec 20275.29%
  • Small Industries Development Bank of Indiamatures 6 Nov 20275.19%
  • Torrent Pharmaceuticals Ltdmatures 19 Jan 20294.39%
  • 6.94% Govt Stock 2036matures 11 May 20363.95%
  • Indian Railway Finance Corporation Limitedmatures 31 Jul 20293.69%

Holdings as of 31 Jul 2026. Portfolio turnover 350.5% a year.

Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.

The debt it holds

Yield to maturity
6.90% vs category 7.22%
Modified duration
1.72 yrs vs category 2.27 yrs
Average maturity
2.13 yrs vs category 3.32 yrs
Average coupon
7.59%
Government securities
22.5%

Credit quality

AAA
80.5%
AA
19.5%

Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.

Portfolio characteristics as of 31 Jul 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.

Money in, money out

Net flow, 12 months
+₹36 cr
Net flow, 3 months
−₹5 cr

as of 31 Jul 2026. Flows follow performance more than they predict it.

Quick answers

What is the NAV of BANK OF INDIA SHORT TERM INCOME FUND?
₹31.02 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of BANK OF INDIA SHORT TERM INCOME FUND?
0.45% a year for the Direct plan, as of 30 Jun 2026.
How large is BANK OF INDIA SHORT TERM INCOME FUND?
₹272 crore under management as of 31 Jul 2026, in the Short Duration Fund category.
How risky is BANK OF INDIA SHORT TERM INCOME FUND?
Its SEBI Riskometer reading is "Low to Moderate Risk". Three months to three years of lending. Where sensible near-term money quietly sits.
What are the 5-year returns of BANK OF INDIA SHORT TERM INCOME FUND?
10.81% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.
What is the worst 3-year return of BANK OF INDIA SHORT TERM INCOME FUND?
7.3% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Jun 2023. The median was 10.3% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
Who manages BANK OF INDIA SHORT TERM INCOME FUND?
Mithraem Bharucha, managing this fund for 5 years.

Where this fund sits

Its shelf, all funds

Sd · Short duration →

Three months to three years of lending. Where sensible near-term money quietly sits.

The money map

How big this shelf is in India →

The whole industry sized by real money, from AMFI’s monthly data.

Side by side

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Put it next to any other fund — growth, returns, risk and cost in one table.

One bet or two?

Check its overlap →

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Other Short Duration Fund funds

Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.