Bank of India Short Term Fund vs Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Bank of India Short Term Fund is a Short Duration fund and Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF is a mutual fund. Bank of India Short Term Fund charges 0.54% a year and Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF 0.51%. Their portfolios overlap 17.3%: they hold 2 of the same securities.
Bank of India Short Term Fund
Short Duration
- Expense ratio
- 0.54%
- NAV
- ₹31.02
Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF
- Expense ratio
- 0.51%
- NAV
- ₹9.59
Which is better, Bank of India Short Term or Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF costs less: 0.51% a year against 0.54%.
- Bank of India Short Term fell less in its worst fall since 28-07-2026: −0.6% against −8.1%.
- Bank of India Short Term is the larger fund: ₹259 Cr against ₹15 Cr.
- Their portfolios overlap 17.3%: 2 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 | Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF |
|---|---|---|
| Fund house | Bank of India Mutual Fund | Mirae Asset Mutual Fund |
| Category | Short Duration | Not available |
| AUM | ₹259 Cr (30-09-2026) | ₹15 Cr (30-09-2026) |
| NAV | ₹31.02 (Direct) | ₹9.59 |
| Expense ratio (Direct) | 0.54% | Not available |
| Expense ratio (Regular) | 1.19% | Not available |
| 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 Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF: 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% |
| Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF | −2.09% | −3.58% | -- | -- | -- | -- | -- |
| Short Duration average | −0.14% | +0.30% | +2.50% | +4.11% | +6.88% | +6.62% | +6.89% |
Category average: the average of the 25 Short Duration funds, same plan type.
Bank of India Short Term vs Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF: Year-wise Returns
| Year | Bank of India Short TermBank of India Short Term | Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETFMirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF |
|---|---|---|
| 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 Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF: Rolling Returns
Every holding period of both funds
Bank of India Short Term vs Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF: 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) | Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF |
|---|---|---|
| Return (CAGR) | +6.77% | −12.81% |
| Standard deviation | 6.25% | 9.38% |
| Sharpe ratio | 0.12 | -1.93 |
| Sortino ratio | 0.17 | -2.27 |
| Maximum drawdown | −19.8% (24-04-2020) | −8.1% (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)
Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF
| 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% |
| Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF | −8.1% | 12-08-2026 | 23-10-2026 | Not yet | -- | −5.8% |
From daily values since 28-07-2026, the first day every fund has.
Bank of India Short Term vs Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Bank of India Short Term Fund, September 2026; Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF, September 2026
Holdings in common
- Overlap
- 17.3%
- Held by both
- 2
- Only in Bank of India Short Term
- 23
- Only in Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF
- 31
| Security | % of Bank of India Short Term | % of Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF |
|---|---|---|
| 6.94% Government of India (11/05/2036) | 11.63% | 15.23% |
| 6.48% Government of India (06/10/2035) | 5.66% | 25.04% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 17.3% means 17.3% 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% |
| Canara Bank (12/03/2027) | 5.62% |
| Small Industries Dev Bank of India (03/09/2027) | 5.41% |
Largest holdings only in Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF
| Security | % of fund |
|---|---|
| 6.33% Government of India (MD 05/05/2035) | 8.37% |
| Laurus Labs Ltd. | 3.26% |
| Multi Commodity Exchange of India Ltd. | 3.01% |
| Tata Steel Ltd. | 2.51% |
| Hindalco Industries Ltd. | 2.50% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bank of India Short Term | Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF |
|---|---|---|
| Equity | 0.0% | 49.8% |
| Debt | 95.4% | 48.6% |
| Cash and others | 4.6% | 1.5% |
Market cap of stocks
| Market cap | Bank of India Short Term | Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF |
|---|---|---|
| Large Cap | -- | 33.1% |
| Mid Cap | -- | 16.7% |
| Small Cap | -- | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Bank of India Short Term | Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF |
|---|---|---|
| Electrical Equipment | 0.0% | 7.8% |
| Power | 0.0% | 7.1% |
| Pharmaceuticals & Biotechnology | 0.0% | 5.5% |
| Capital Markets | 0.0% | 5.1% |
| Industrial Products | 0.0% | 4.2% |
| Non - Ferrous Metals | 0.0% | 3.8% |
The six largest sectors of each fund's stocks, % of the fund.
Bank of India Short Term vs Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bank of India Short Term Fund | Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.54% | Not available |
| Base expense ratio (Direct) | 0.45% | 0.00% |
| Total expense ratio (Regular) | 1.19% | Not available |
| Base expense ratio (Regular) | 1.00% | 0.09% |
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
Bank of India Short Term Fund vs Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF: Frequently Asked Questions
What is the difference between Bank of India Short Term Fund and Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF?
Bank of India Short Term Fund is a Short Duration fund, Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF is a mutual fund, run by Bank of India Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 17.3%. Bank of India Short Term Fund charges 0.54% a year and Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF 0.51%.
Which has the lower expense ratio, Bank of India Short Term Fund or Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF?
Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF charges less: 0.51% a year against 0.54%. These are the total expense ratios reported to AMFI.
How much do Bank of India Short Term Fund and Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF overlap?
17.3%. They hold 2 of the same securities, the largest shared ones being 6.94% Government of India (11/05/2036), 6.48% Government of India (06/10/2035). From each fund's latest monthly portfolio.
Can I invest in both Bank of India Short Term Fund and Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF?
Yes. 17.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.