- Mutual Funds
- Bank of India Mutual Fund
- Bank of India Short Term Income Fund Direct Growth
Bank of India Short Term Income Fund Direct Plan Growth
₹ 28.58
NAV (Apr 07)
Short Term funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.
The category is one of the largest categories within the Debt Segment (9% of the total assets).
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scheme Information
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.
Expense Ratio | 0.5 % |
Launched | - |
AUM in Crores | 114.1 |
ISIN | INF761K01736 |
Lock-in (days) | No Lock-in |
Benchmark | CRISIL Short Duration Debt A-II Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 9.6 |
Beta | -0.7 |
Sharpe Ratio | 0.8 |
YTM | - |
Fund Managers
Asset allocation and Holdings
Top Debt Holdings
GOI
21.55%Others
11.19%National Bank For Agriculture & Rural Development
9.31%HDFC Bank Ltd.
8.88%Power Finance Corporation Ltd.
7.98%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,772 cr | ||
₹ 4,484 cr | ||
₹ 12,517 cr | ||
₹ 15,117 cr | ||
₹ 55,112 cr |
