DebtShort Duration FundDirect · Growth
BANK OF INDIA Short Term Income Fund-Direct Plan- Growth
Bank of India · Scheme 119382
₹31.05▼ 0.02%NAV · 2026-09-18
Decent FundScore
AUM
₹272 cr
Expense ratio
0.54%
3Y CAGR
7.8%
Risk level
Moderate
Min SIP
₹1,000
Benchmark
CRISIL Short Duration Debt Index
Fund manager: Piyush BaranwalExit load: Nil
Decent · 57/100
A solid option with a few areas worth a closer look.
🎯 Suited to short-to-medium horizons and investors wanting stability over growth.
📈 Why it could do well
- ✓Protects capital well — worst-ever fall was only 20%.
- ✓Low cost — 0.54% expense ratio means more of the return stays with you.
- ✓5Y CAGR vs category: +4.3% vs category avg
- ✓Beat category: beat category in 69% of windows
📉 What could drag it down
- •Weak risk-adjusted returns (Sharpe 0.10) — took on risk without enough payoff.
- •3Y CAGR: +7.8%
- •10Y CAGR: +5.9%
FundScore breakdown
57/100 · Decent
Returns
Weak
Consistency
Decent
Risk-adjusted
Weak
Downside protection
Excellent
Cost efficiency
Excellent
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.