Should I invest in BANK OF INDIA Short Term Income Fund- Quarterly IDCW?

We don't give personal investment advice. BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.8%. 5-year CAGR: 10.52%.

Bank of India

BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW

Latest NAV

₹13.9987

As of

3 Jun 2026

2,657 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.05%	+0.03%	-0.08	68 / 70	Q4
1W	+0.13%	+0.45%	-0.32	53 / 75	Q3
2W	+0.37%	+3.30%	-2.93	17 / 73	Q1
1M	+0.25%	+3.91%	-3.65	15 / 73	Q1
3M	+0.58%	+3.67%	-3.09	16 / 73	Q1
6M	+1.50%	+4.08%	-2.58	22 / 73	Q2
YTD	+1.32%	+4.25%	-2.94	21 / 73	Q2
1Y	+4.40%	+5.25%	-0.85	18 / 73	Q1
2Y	+7.66%	+6.08%	+1.58	4 / 69	Q1
3Y	+7.26%	+5.06%	+2.20	8 / 67	Q1
4Y	+8.88%	+4.91%	+3.98	4 / 58	Q1
5Y	+10.52%	+4.32%	+6.20	4 / 53	Q1
7Y	+4.58%	+3.70%	+0.88	21 / 50	Q2
10Y	+3.06%	+3.17%	-0.11	18 / 42	Q2
Inception	+2.47%	+3.21%	-0.74	36 / 69	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+1.32%	+0.03%	+1.29	12 / 57
2025	+7.60%	+12.93%	-5.33	24 / 62
2024	+9.70%	+3.52%	+6.18	1 / 64
2023	+6.39%	-1.39%	+7.78	21 / 65
2022	+27.44%	+1.79%	+25.65	1 / 60
2021	+3.56%	+1.60%	+1.97	11 / 49
2020	-1.40%	+4.17%	-5.57	48 / 51
2019	-16.68%	+0.83%	-17.51	50 / 50
2018	-1.12%	+1.84%	-2.95	47 / 48
2017	-1.70%	+1.67%	-3.37	45 / 47
2016	+2.73%	+4.15%	-1.42	22 / 45

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+3.63%

118 windows

min -22.5% · max 28.3%

64% positive

3-Year rolling

+2.89%

99 windows

min -8.8% · max 14.5%

59% positive

5-Year rolling

+2.73%

74 windows

min -4.1% · max 10.9%

66% positive

7-Year rolling

+1.98%

51 windows

min -3.5% · max 4.6%

88% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.47%

3-year · annualised

Sharpe ratio

0.37

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.56%

Mar 2026 → Apr 2026

% positive months

97.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Short Term Debt Fund - Fortnightly IDCW - Direct Plan	HDFC	₹10.3067	3 Jun 2026
NIPPON INDIA SHORT DURATION FUND - Direct Plan - IDCW Option	Nippon India	₹24.4258	3 Jun 2026
SBI Short Term Debt Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹19.8855	3 Jun 2026
ICICI Prudential Short Term Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹12.6802	3 Jun 2026
Invesco India Short Duration Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,023.1248	3 Jun 2026
Bandhan Short Duration Fund - Direct Plan - Annual IDCW	Bandhan	₹10.8737	3 Jun 2026
Aditya Birla Sun Life Short Term Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹10.8440	3 Jun 2026
Franklin India Short term Income Plan- Retail Plan-Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct Monthly - IDCW	Franklin India	₹0.0000	3 Jun 2026
Mirae Asset Short Duration Fund - Direct Plan - IDCW	Mirae Asset	₹17.3593	3 Jun 2026
Kotak Bond Short Term Plan - Direct - Standard Income Distribution cum capital withdrawal option	Kotak	₹15.9032	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹13.9987
2 Jun 2026	₹14.0057
1 Jun 2026	₹13.9940
29 May 2026	₹13.9902
27 May 2026	₹13.9800
26 May 2026	₹13.9718
25 May 2026	₹13.9677
22 May 2026	₹13.9413
21 May 2026	₹13.9345
20 May 2026	₹13.9474

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW is ₹13.9987. It's a Short Duration Fund from Bank of India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW has NAV history starting from 06 Feb 2013, a track record of about 13 years 3 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW is managed by Bank of India. It's classified by AMFI under the 'Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW has delivered a absolute return of 4.40% — -0.85 pp behind the Short Duration Fund category average of 5.25%. The fund ranks #18 of 73 in its category — the top (Q1) quartile.

Over the trailing 3-year window, BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW has delivered a CAGR of 7.26% — +2.2 pp ahead of the Short Duration Fund category average of 5.06%. The fund ranks #8 of 67 in its category — the top (Q1) quartile.

Over the trailing 5-year window, BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW has delivered a CAGR of 10.52% — +6.2 pp ahead of the Short Duration Fund category average of 4.32%. The fund ranks #4 of 53 in its category — the top (Q1) quartile.

₹1 lakh invested in BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW exactly 10 years ago would be worth approximately ₹135,224 today — a multiplier of 1.35×, based on the 10-year CAGR of 3.06%. The category average over the same window would have grown ₹1 lakh to ₹136,625.

A ₹10,000 monthly SIP in BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹749,182 today. That's an XIRR (money-weighted annualised return) of 8.81%.

A ₹10,000 monthly SIP for 10 years in BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW = ₹1,200,000 invested. It would currently be worth ₹1,634,493 (multiplier 1.36×). XIRR: 6.02%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW ranks #4 out of 53 funds in the Short Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 4.32%; this fund delivered 10.52%.

The worst peak-to-trough decline BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW has experienced over the last 5-year window is 0.78% — its NAV fell from a high on 07 Apr 2022 to a low on 06 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW averaged 2.73% (best 10.92%, worst -4.07%). 66% of rolling windows ended positive. The 5-year Sharpe ratio is 0.51 — reasonable risk-adjusted performance.

In calendar year 2025, BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW returned 7.60% — lagging the Short Duration Fund category average of 12.93% by 5.33 pp. It ranked #24 of 62 in its category that year.

BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. BANK OF INDIA Short Term Income Fund-Direct Plan- Quarterly IDCW is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.8%. 5-year CAGR: 10.52%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.