Name	Sector	Instruments	Assets
GOI	Sovereign	GOI Sec	9.10%
LIC Housing Finance Ltd.	Financial	NCD	6.87%
GOI	Sovereign	GOI Sec	6.29%
Union Bank of India	Financial	CD	5.17%
Bank Of Baroda	Financial	CD	4.86%
REC Ltd.	Financial	Debenture	3.83%
Muthoot Finance Ltd.	Financial	NCD	3.51%
Small Industries Devp. Bank of India Ltd.	Financial	Bonds	3.49%
Indian Railway Finance Corporation Ltd.	Financial	NCD	3.49%
Godrej Industries Ltd.	Consumer Staples	NCD	3.48%
360 ONE Wealth Ltd.	Financial	NCD	3.45%
Canara Bank	Financial	CD	3.40%
HDFC Bank Ltd.	Financial	CD	3.23%
Power Finance Corporation Ltd.	Financial	NCD	2.10%
National Bank For Agriculture & Rural Development	Financial	CD	2.04%
Motilal Oswal Financial Services Ltd.	Financial	CP	1.88%
GOI	Sovereign	GOI Sec	1.77%
Vedanta Ltd.	Metals & Mining	Debenture	1.74%
National Bank For Agriculture & Rural Development	Financial	Bonds	1.74%
Bajaj Finance Ltd.	Financial	NCD	1.74%
Muthoot Finance Ltd.	Financial	Debenture	1.73%
Punjab National Bank	Financial	CD	1.70%
Export-Import Bank Of India	Financial	CD	1.70%
Reserve Bank of India	Financial	T-Bills	1.70%
Indian Bank	Financial	CD	1.67%
Punjab State	Others	SDL	1.67%
HDFC Bank Ltd.	Financial	CD	1.66%
AU Small Finance Bank Ltd.	Financial	CD	1.64%
Manappuram Finance Ltd.	Financial	CP	1.28%
National Bank For Agriculture & Rural Development	Financial	Debenture	1.23%
Manappuram Finance Ltd.	Financial	NCD	1.04%
National Bank For Agriculture & Rural Development	Financial	Debenture	1.04%
Reserve Bank of India	Financial	T-Bills	0.69%
Reserve Bank of India	Financial	T-Bills	0.09%

See All

Minimum investments

Min. for 1st investment

Not Supported

Min. for 2nd investment

Not Supported

Min. for SIP

Not Supported

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+7.3%	+10.1%	+5.5%	+6.1%
Category average (Debt Short Duration)	+7.1%	+5.9%	+6.6%	--
Rank (Debt Short Duration)	10	1	17	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	HDFC Savings Fund Growth	+5.59%	+8.23%	5,433.30
	HDFC Short Term Debt Fund Growth	+7.63%	+7.68%	18,078.88
	ICICI Prudential Short Term Fund Growth	+7.77%	+7.65%	20,935.22
	Nippon India Short Duration Fund Growth	+7.62%	+7.48%	9,723.46
	Sundaram Short Term Debt Fund Growth	+12.83%	+5.33%	361.74
Compare

Fund management

MB
Mithraem Bharucha
Aug 2021 - Present
View details

Education

Mr. Bharucha is a BMS and MBA

Experience

Prior to joining Bank of India Mutual Fund, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.

Also manages these schemes

Bank of India Liquid Fund Institutional Growth

Bank of India Liquid Fund Super Institutional Growth

Bank of India Liquid Fund Growth

Bank of India Multi Asset Allocation Fund Growth

Bank of India Short Term Income Fund Growth

Bank of India Ultra Short Duration Fund Growth

Bank of India Ultra Short Duration Fund Institutional Growth

Bank of India Overnight Fund Growth

Bank of India Money Market Fund Growth

About Bank of India Short Term Income Fund Growth

Bank of India Short Term Income Fund Growth is a Debt Mutual Fund Scheme launched by Bank of India Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Mithraem Bharucha is the Current Fund Manager of Bank of India Short Term Income Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹13,863 Cr and the Latest NAV as of 09 Jan 2026 is ₹27.48. The Bank of India Short Term Income Fund Growth is rated Moderate risk. Minimum SIP Investment is set to ₹1,000. ;

Investment Objective

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.

Fund benchmarkCRISIL Short Duration Debt A-II Index

Scheme Information Document(SID)