Bank of India Short Term Fund vs JioBlackRock Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bank of India Short Term Fund and JioBlackRock Short Term Fund are both Short Duration funds. Bank of India Short Term Fund charges 0.54% a year and JioBlackRock Short Term Fund 0.35% (Direct plans). Their portfolios overlap 13.6%: they hold 3 of the same securities.
Bank of India Short Term Fund
Short Duration
- Expense ratio
- 0.54%
- NAV
- ₹31.02
JioBlackRock Short Term Fund
Short Duration
- Expense ratio
- 0.35%
- NAV
- ₹1,038.89
Which is better, Bank of India Short Term or JioBlackRock 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.
- JioBlackRock Short Term costs less: 0.35% a year against 0.54% (Direct plans).
- JioBlackRock Short Term fell less in its worst fall since 22-01-2026: −0.3% against −0.6%.
- Bank of India Short Term is the larger fund: ₹259 Cr against ₹113 Cr.
- Their portfolios overlap 13.6%: 3 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 | JioBlackRock Short Term Fund |
|---|---|---|
| Fund house | Bank of India Mutual Fund | Jio BlackRock Mutual Fund |
| Category | Short Duration | Short Duration |
| AUM | ₹259 Cr (30-09-2026) | ₹113 Cr (30-09-2026) |
| NAV | ₹31.02 (Direct) | ₹1,038.89 (Direct) |
| Expense ratio (Direct) | 0.54% | 0.35% |
| Expense ratio (Regular) | 1.19% | 0.99% |
| Riskometer | Moderate | Low to Moderate |
| Benchmark | CRISIL Short Duration Debt A-II Index | NIFTY Short Duration Debt Index A-II |
| Launch date | 18-12-2008 | 19-01-2026 |
| Minimum investment | ₹5,000 | ₹500 |
| Lock in | None | None |
| Fund managers | Mithraem Bharucha | Arun Ramachandran, Vikrant Mehta, Siddharth Deb |
| Exit load | NIL | NIL |
Bank of India Short Term vs JioBlackRock 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% |
| JioBlackRock Short Term Fund (Direct) | −0.05% | +0.55% | +2.51% | -- | -- | -- | -- |
| Short Duration average | −0.14% | +0.30% | +2.50% | -- | -- | -- | -- |
Category average: the average of the 25 Short Duration funds, same plan type.
Bank of India Short Term vs JioBlackRock Short Term: Year-wise Returns
| Year | Bank of IndiaBank of India Short Term | JioBlackRockJioBlackRock 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 JioBlackRock Short Term: Rolling Returns
Every holding period of both funds
Bank of India Short Term vs JioBlackRock 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) | JioBlackRock Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.77% | +4.90% |
| Standard deviation | 6.25% | 1.00% |
| Sharpe ratio | 0.12 | -0.31 |
| Sortino ratio | 0.17 | -0.45 |
| Maximum drawdown | −19.8% (24-04-2020) | −0.3% (23-10-2026) |
| 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)
JioBlackRock 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% | 11-03-2026 | 02-04-2026 | 09-04-2026 | 7 days | −0.4% |
| JioBlackRock Short Term Fund (Direct) | −0.3% | 22-09-2026 | 23-10-2026 | Not yet | -- | −0.2% |
From daily values since 22-01-2026, the first day every fund has.
Bank of India Short Term vs JioBlackRock Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: Bank of India Short Term Fund, September 2026; JioBlackRock Short Term Fund, September 2026
Holdings in common
- Overlap
- 13.6%
- Held by both
- 3
- Only in Bank of India Short Term
- 22
- Only in JioBlackRock Short Term
- 9
| Security | % of Bank of India Short Term | % of JioBlackRock Short Term |
|---|---|---|
| 6.94% Government of India (11/05/2036) | 11.63% | 13.05% |
| Canara Bank (12/03/2027) | 5.62% | 1.72% |
| Corporate Debt Market Development Fund | 0.31% | 0.21% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 13.6% means 13.6% 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 |
|---|---|
| 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% |
| Small Industries Dev Bank of India (03/09/2027) | 5.41% |
Largest holdings only in JioBlackRock Short Term Fund
| Security | % of fund |
|---|---|
| 7.7% Small Industries Development Bank Of India (10-Oct-2029) | 8.80% |
| 6.95% REC Ltd (18-Feb-2028) | 8.76% |
| 6.68% LIC Housing Finance Ltd (04-Jun-2028) | 8.68% |
| Bajaj Finance Ltd (03-Feb-2027) | 8.63% |
| Bank of Baroda (05-Mar-2027) | 8.60% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bank of India Short Term | JioBlackRock Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 95.4% | 92.6% |
| Cash and others | 4.6% | 7.4% |
Bank of India Short Term vs JioBlackRock Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bank of India Short Term Fund | JioBlackRock Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.54% | 0.35% |
| Base expense ratio (Direct) | 0.45% | 0.27% |
| Total expense ratio (Regular) | 1.19% | 0.99% |
| Base expense ratio (Regular) | 1.00% | 0.84% |
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 JioBlackRock Short Term Fund: Frequently Asked Questions
What is the difference between Bank of India Short Term Fund and JioBlackRock Short Term Fund?
Both are Short Duration funds, run by Bank of India Mutual Fund and Jio BlackRock Mutual Fund. Their portfolios overlap 13.6%. Bank of India Short Term Fund charges 0.54% a year and JioBlackRock Short Term Fund 0.35%.
Which has the lower expense ratio, Bank of India Short Term Fund or JioBlackRock Short Term Fund?
JioBlackRock Short Term Fund charges less: 0.35% 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 JioBlackRock Short Term Fund overlap?
13.6%. They hold 3 of the same securities, the largest shared ones being 6.94% Government of India (11/05/2036), Canara Bank (12/03/2027), Corporate Debt Market Development Fund. From each fund's latest monthly portfolio.
Which is riskier, Bank of India Short Term Fund or JioBlackRock Short Term Fund?
On SEBI's riskometer, Bank of India Short Term Fund is rated Moderate and JioBlackRock Short Term Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 6.25% and 1.00% a year.
Can I invest in both Bank of India Short Term Fund and JioBlackRock Short Term Fund?
Yes. 13.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bank of India Short Term Fund and JioBlackRock Short Term Fund?
Bank of India Short Term Fund: Mithraem Bharucha. JioBlackRock Short Term Fund: Arun Ramachandran, Vikrant Mehta, Siddharth Deb.
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.