Data as on 04th feb 2025

Bank Of India short term income fund

  • Fund Type : An open ended short term debt scheme investing in instruments with Macaulay duration of the portfolio between 1 year and 3 years. A Moderate Interest Rate Risk and Moderate Credit Risk.
    Entry Load : Nil
    Date of Allotment : December 18, 2008
    Features : Liquity SIP SWP STP
  • Benchmark :
    Tier 1: CRISIL Short Duration Debt A-II Index
    Exit Load :
    Nil

Investment Objective

The Scheme seeks to generate income and capital appreciation by investing in a diversified portfolio of debt and money market securities. However, there can be no assurance that the income can be generated, regular or otherwise, or the investment objectives of the Scheme will be realized.

Fund Manager

  • Mr. Mithraem Bharucha

    BMS and MBA

    Alok singh
    See detail

Fund Highlights

  • An open-ended short duration debt fund suitable for medium-term deployment of funds.
  • An ideal investment avenue for an investment horizon of 1 year to 3 years.
  • Suitable for those who are looking for an alternative to Fixed Deposits with liquidity and tax efficiency.
  • It endeavors to provide returns that are higher than those of ultra short term income funds by maintaining a higher portfolio duration.
  • Click here for KIM
  • Click here for SID

Riskometer

Scheme Riskometer:

The above Riskometer is based on the portfolio as on October, 2024.

This product is suitable for investors who are seeking*:

Regular income over short to medium term.

Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 1 year - 3 years.

Benchmark Riskometer: CRISIL Short Duration Debt B-II Index:

The above Riskometer is based on the portfolio as on October 31, 2021.

Regular income over short to medium term.

Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 1 year - 3 years.

*Investor should consult their financial advisor if they are not clear about the suitability of the product.

Potential Risk Class Matrix
Credit Risk Relatively Low (Class A) Moderate (Class B) Relatively High (Class C)
Interest rate Risk
Relatively Low (Class I)
Moderate (Class II) B-II
Relatively High (Class III)

Top 10 Portfolio Holdings

Portfolio Details % to Net Assets
Government of India 17.8%
LIC Housing Finance Limited 8.3%
Muthoot Finance Limited 6.3%
National Bank For Agriculture and Rural Development 6.0%
Motilal Oswal Financial Services Limited 5.9%
REC Limited 4.6%
TREPS 4.5%
Godrej Industries Limited 4.2%
Small Industries Dev Bank of India 4.2%
Indian Railway Finance Corporation Limited 4.2%

Credit Profile

31.3
AAA
23.5
A1+
19.8
SOV
10.5
AA+
8.3
AA
4.5
TREPS
2.1
Others*

Asset Allocation

43%
Government Bond And Treasury Bill
28.8%
Corporate Debt
23.3%
Money Market Instruments
4.7%
Cash & Other Receivables
0.3%
Corporate Debt Market Development Fund
  • Scheme
  • Benchmark

Fund Performance

Total Expense Ratio

Performance(Regular Plan – Growth)

Current Value of Standard Investment of Rs 10000 in the
Period NAV Per Unit (Rs.) Scheme Benchmark Additional Benchmark Returns Schemes Benchmarkrs Additional Benchmark
1 yrs NA 9.35 % 8.25 % 9.47 % 10,992 10,876 10,988
3 yrs NA 9.66 % 7.47 % 8.47 % 13,236 12,483 12,850
5 yrs NA 10.19 % 6.11 % 5.47 % 16,205 13,425 12,966
10 yrs NA 3.36 % 4.29 % 6.58 % 17,476 20,257 16,815
Since inception NA 3.60 % 4.44 % 5.58 % 26,958 33,659 24,695

IDCW History(Regular Plan- Quarterly IDCW)

Record Date IDCW (`/Unit)
25-January-2011 0.043921
25-January-2011 0.040935
25-February-2011 0.052705
25-February-2011 0.049122
CLICK HERE TO VIEW THE IDCW HISTORY
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