The Bank of India Short Term Income Fund Direct-Growth is a debt mutual fund offered by Bank of India Mutual Fund. With an Asset Under Management (AUM) of ₹81.87 Crores, its most recent Net Asset Value (NAV) as of January 4, 2025, is ₹27.852.
Over the past year, the scheme has provided a return of 9.72%. In the last three years, it has delivered a return of 48.73%, and since its inception, the scheme has grown by 122.02%.
Bank of India Short Term Income Fund Return
| Period | This fund | Category average |
|---|---|---|
| 1 month | 0.4% | 0.35% |
| 3 months | 3.39% | 1.81% |
| 6 months | 5.72% | 4.24% |
| 1 year | 9.72% | 8.39% |
| 3 years | 14.16% | 6.93% |
| 5 years | 8.86% | 7% |
| 7 years | 5.15% | 6.97% |
| 10 years | 6.39% | 7.45% |
Bank of India Short Term Income Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
Power Finance Corporation Ltd.
|
Financial | NCD | 7.38% |
|
Small Industries Devp. Bank of India Ltd.
|
Financial | Debenture | 7.36% |
|
Canara Bank
|
Financial | CD | 7.19% |
|
Bank Of Baroda
|
Financial | CD | 7.06% |
|
Axis Bank Ltd.
|
Financial | CD | 7.00% |
Sector Allocation in Bank of India Short Term Income Fund
| Category | Percentage | Value |
|---|---|---|
| Cash Holding | 17.39% | ₹14.24 Cr |
| Others | 82.61% | ₹67.63 Cr |
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.
