Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW
★★★★★ monitor_heart Health Score: 50/100 · AverageBank of India Mutual Fund · Debt · Short Duration
₹14.24
AUM: ₹270 Cr
NAV updated 8 days ago
Plan
Direct
Option
Idcw
Risk
Moderate
Expense Ratio
0.54%
Exit Load
Nil
Fund Manager
Piyush Baranwal
Inception
Jan 2013
Benchmark
CRISIL Short Duration Debt A-II Index
Sharpe Ratio
-0.65
Std Dev (1Y)
1.11%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.67%
3m
+1.74%
6m
+3.08%
1y
+5.5%
3y
+7.67%
5y
+10.77%
10y
+5.92%
since inception
+2.57%
rate_review TopFund's Take on BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW
BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW sits in the middle of the pack for Short Duration funds, currently carrying a 1-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 50/100.
Cost: At 0.54%, the expense ratio runs 46% above the Short Duration category average of 0.37%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.65 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.11% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW
The current NAV (Net Asset Value) of BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW is ₹14.24. NAV is updated every business day after market close by AMFI.
1Y: 5.5% · 3Y CAGR: 7.67% · 5Y CAGR: 10.77%
The expense ratio is 0.54% per annum — the annual fee deducted from your investment to cover fund management costs.
BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW is managed by Piyush Baranwal at Bank of India Mutual Fund.
BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW is a Moderate risk fund. Suitable for investors with a moderate risk appetite.
BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW is a Short Duration fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW is ₹271 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.