Bank of India Short Term Fund vs Franklin India Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bank of India Short Term Fund and Franklin India Short Term Fund are both Short Duration funds. Bank of India Short Term Fund charges 0.54% a year and Franklin India Short Term Fund 0.34% (Direct plans). Their portfolios overlap 0.0%: they hold 0 of the same securities.
Bank of India Short Term Fund
Short Duration
- Expense ratio
- 0.54%
- NAV
- ₹31.02
Franklin India Short Term Fund
Short Duration
- Expense ratio
- 0.34%
- NAV
- ₹10.06
Which is better, Bank of India Short Term or Franklin India Short Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Franklin India Short Term costs less: 0.34% a year against 0.54% (Direct plans).
- Franklin India Short Term fell less in its worst fall since 12-08-2026: −0.2% against −0.6%.
- Bank of India Short Term is the larger fund: ₹259 Cr against ₹231 Cr.
- Their portfolios overlap 0.0%: 0 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bank of India Short Term Fund | Franklin India Short Term Fund |
|---|---|---|
| Fund house | Bank of India Mutual Fund | Franklin Templeton Mutual Fund |
| Category | Short Duration | Short Duration |
| AUM | ₹259 Cr (30-09-2026) | ₹231 Cr (30-09-2026) |
| NAV | ₹31.02 (Direct) | ₹10.06 (Direct) |
| Expense ratio (Direct) | 0.54% | 0.34% |
| Expense ratio (Regular) | 1.19% | 0.96% |
| Riskometer | Moderate | Not available |
| Benchmark | CRISIL Short Duration Debt A-II Index | Not available |
| Launch date | 18-12-2008 | Not available |
| Minimum investment | ₹5,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Mithraem Bharucha | Not available |
| Exit load | NIL | Not available |
Bank of India Short Term vs Franklin India Short Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Bank of India Short Term Fund (Direct) | −0.21% | +0.30% | +2.54% | +4.34% | +7.48% | +10.75% | +5.64% |
| Franklin India Short Term Fund (Direct) | +0.02% | -- | -- | -- | -- | -- | -- |
| Short Duration average | −0.14% | -- | -- | -- | -- | -- | -- |
Category average: the average of the 25 Short Duration funds, same plan type.
Bank of India Short Term vs Franklin India Short Term: Year-wise Returns
| Year | Bank ofBank of India Short Term | FranklinFranklin India Short Term |
|---|---|---|
| 2026to date | +3.55% | -- |
| 2025 | +7.59% | -- |
| 2024 | +9.69% | -- |
| 2023 | +6.43% | -- |
| 2022 | +27.43% | -- |
| 2021 | +3.46% | -- |
Bank of India Short Term vs Franklin India Short Term: Rolling Returns
Every holding period of both funds
Bank of India Short Term vs Franklin India Short Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bank of India Short Term Fund (Direct) | Franklin India Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.77% | +2.83% |
| Standard deviation | 6.25% | 0.68% |
| Sharpe ratio | 0.12 | -3.57 |
| Sortino ratio | 0.17 | -4.00 |
| Maximum drawdown | −19.8% (24-04-2020) | −0.2% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Bank of India Short Term Fund (Direct)
Franklin India Short Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bank of India Short Term Fund (Direct) | −0.6% | 09-09-2026 | 23-10-2026 | Not yet | -- | −0.4% |
| Franklin India Short Term Fund (Direct) | −0.2% | 09-10-2026 | 22-10-2026 | Not yet | -- | −0.1% |
From daily values since 12-08-2026, the first day every fund has.
Bank of India Short Term vs Franklin India Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: Bank of India Short Term Fund, September 2026; Franklin India Short Term Fund, September 2026
Holdings in common
- Overlap
- 0.0%
- Held by both
- 0
- Only in Bank of India Short Term
- 25
- Only in Franklin India Short Term
- 9
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.0% means 0.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Bank of India Short Term Fund
| Security | % of fund |
|---|---|
| 6.94% Government of India (11/05/2036) | 11.63% |
| 7.6% Power Finance Corporation Limited (13/04/2029) | 8.07% |
| 6.90% LIC Housing Finance Limited (17/09/2027) | 7.65% |
| L&T Finance Limited (19/03/2027) | 7.46% |
| 6.48% Government of India (06/10/2035) | 5.66% |
Largest holdings only in Franklin India Short Term Fund
| Security | % of fund |
|---|---|
| 8.65% Bharti Telecom Ltd (05-Nov-2027) | 11.73% |
| 7.80% LIC Housing Finance LTD (22-Dec-2027) | 11.48% |
| 8.85% Power Finance Corporation Ltd (25-May-2029) | 11.44% |
| 6.95% REC Ltd (18-Feb-2028) | 11.19% |
| 7.58% Poonawalla Fincorp Ltd (08-Sep-2028) | 10.86% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bank of India Short Term | Franklin India Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 95.4% | 92.3% |
| Cash and others | 4.6% | 7.7% |
Bank of India Short Term vs Franklin India Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bank of India Short Term Fund | Franklin India Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.54% | 0.34% |
| Base expense ratio (Direct) | 0.45% | 0.26% |
| Total expense ratio (Regular) | 1.19% | 0.96% |
| Base expense ratio (Regular) | 1.00% | 0.80% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Bank of India Short Term with
Bank of India Short Term Fund vs Franklin India Short Term Fund: Frequently Asked Questions
What is the difference between Bank of India Short Term Fund and Franklin India Short Term Fund?
Both are Short Duration funds, run by Bank of India Mutual Fund and Franklin Templeton Mutual Fund. Their portfolios overlap 0.0%. Bank of India Short Term Fund charges 0.54% a year and Franklin India Short Term Fund 0.34%.
Which has the lower expense ratio, Bank of India Short Term Fund or Franklin India Short Term Fund?
Franklin India Short Term Fund charges less: 0.34% a year against 0.54%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bank of India Short Term Fund and Franklin India Short Term Fund overlap?
0.0%. They hold 0 of the same securities. From each fund's latest monthly portfolio.
Can I invest in both Bank of India Short Term Fund and Franklin India Short Term Fund?
Yes. 0.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.