Data as on 04th feb 2025

Bank Of India Short Term Fund

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

    Mr. Mithraeum Bharucha
    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:

Investor understand that their principal will be at very high risk 

The above Riskometer is based on the portfolio as on 30th September 2026.

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: Tier 1: CRISIL Short Duration Debt A-II Index:

Investor understand that their principal will be at very high risk

*Investor should consult their financial advisor if in doubt about whether the product is suitable for them

The above Benchmark Riskometer is based on the portfolio as on 30th September 2026.

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 20.0%
Power Finance Corporation Limited 8.1%
LIC Housing Finance Limited 7.7%
L&T Finance Limited 7.5%
Muthoot Finance Limited 5.8%
Canara Bank 5.6%
Small Industries Dev Bank of India 5.4%
Vedanta Limited 5.0%
Torrent Pharmaceuticals Limited 4.6%
Godrej Industries Limited 3.9%

Credit Profile

29%
A1+
25.3%
AAA
21.8%
SOV
19.3%
AA+
3.1%
Others*
1.5%
TREPS

Asset Allocation

44.6%
CORPORATE DEBT
29%
Money Market Instruments
21.8%
GOVERNMENT BOND AND TREASURY BILL
4.3%
Cash & Other Receivables
0.3%
CDMDF

Fund Performance

  • Scheme
  • Benchmark
Total Expense Ratio
november-2025.xlsx file downloaded successfully

Performance for Regular-Growth Plan

Current Value of Standard Investment of Rs 10000 in the
Date NAV Per Unit(Rs.) Scheme Returns(%)^ Benchmark Returns #(%) Additional Benchmark Returns # #(%) Scheme (Rs) Benchmark #(Rs) Additional Benchmark # #(Rs)
1 Year 27.1387 4.62 % 5.17 % 1.33 % 10462 10517 10133
3 Years 23.1680 7.00 % 7.07 % 6.17 % 12255 12278 11972
5 Years 17.4090 10.27 % 6.14 % 4.88 % 16310 13472 12694
10 Years 17.1923 5.14 % 6.81 % 5.52 % 16515 19325 16113
Since inception 10.0000 6.04 % 7.41 % 5.27 % 28393 35696 24946

^ Past performance may or may not be sustained in the future
# CRISIL Short Duration Debt A-II Index
# # CRISIL 10 Year Gilt Index

1. Mr. Mithraem Bharucha has been managing this scheme w.e.f. August 17, 2021. In addition to this scheme, he manages 4 open ended schemes and co-manages 1 open ended scheme of Bank of India Mutual Fund.
2. Period for which scheme’s performance has been provided is computed basis on last working day of the Month-end preceding the date of publication.
3. Different plans shall have a different expense structure.

IDCW History(Regular Plan- Quarterly IDCW)

Record Date IDCW (`/Unit)
26-December-20180.10804795
26-December-20180.10005336
25-March-20190.10804788
25-March-20190.10005336
26-October-20260.06
CLICK HERE TO VIEW THE IDCW HISTORY

Liq-uity

 

Liq-uity is a revolutionary new concept in investing where the daily gains, if any, from BOI AXA Liquid Fund (BALF) or BOI AXA Ultra Short Duration Fund  get transferred (BAUSDF) to BOI AXA Large & Mid Cap Fund (BALMCF) / BOI AXA MANUFACTURING & INFRASTRUCTURE FUND (BAMIF) on all business days. So your capital is liquid, and your daily gains keep growing! Could there be a better way to invest?

Liq-uity is a revolutionary new concept in investing where the daily gains, if any, from BOI AXA Liquid Fund (BALF) or BOI AXA Ultra Short Duration Fund (BAUSDF) get transferred to BOI AXA Large & Mid Cap Fund (BAELMCF) / BOI AXA MANUFACTURING & INFRASTRUCTURE FUND (BAMIF) on all business days. So your capital is liquid, and your daily gains keep growing! Could there be a better way to invest?

WHAT IS Liq-uity

  • For investors opting for the Daily Dividend Transfer Facility under Liq-uity in BALF/ BAUSDF, the daily dividend gets transferred to BALMCF / BAMIF while the initial investment remains invested in BALF / BAUSDF.
  • For investors opting for the Growth Option, the daily appreciation in NAV gets switched from BALF / BAUSDF in to BALMCF/ BAMIF. To effect the switch, the Units in BALF/BAUSDF will automatically get redeemed to the extent of the daily appreciation amount and the appreciation amount will be invested in BALMCF/ BAMIF.
  • Daily transfer of such gains enables you to ride market volatility with the endeavor to optimize returns.

Advantages of Liq-uity

  • Enables investors to get the best out of both fixed income and equity investments
    • Enjoy the benefits of Liq-uity
    • Enjoy the opportunity to earn attractive returns in line with equity markets
  • Conservative
    • Only your gains earned from BALF / BAUSDF are transferred to  BALMCF/ BAMIF
    • Initial Capital remains invested in BALF / BAUSDF at all times
  • Daily Participation in Equities
    • Take advantage of Rupee Cost Averaging on a daily basis (on all business days)