Bank of India Short Term Fund vs Mahindra Manulife Short Term Fund
Bank of India Short Term Fund (Direct) and Mahindra Manulife Short Term Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Short Duration Fund schemes — see the best short duration mutual funds for the full ranking.
Head to head
NAVs as of 22 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 25 Feb 2021 – 22 Oct 2026, limited by Mahindra Manulife Short Term Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Bank of India Short Term Fund | Mahindra Manulife Short Term Fund |
|---|---|---|
| 25 Feb 2021 | ₹100.00 | ₹100.00 |
| 16 Aug 2021 | ₹102.43 | ₹102.96 |
| 04 Feb 2022 | ₹103.47 | ₹104.64 |
| 26 Jul 2022 | ₹120.26 | ₹105.85 |
| 14 Jan 2023 | ₹132.17 | ₹108.84 |
| 05 Jul 2023 | ₹136.18 | ₹112.79 |
| 25 Dec 2023 | ₹139.91 | ₹116.53 |
| 14 Jun 2024 | ₹144.90 | ₹121.07 |
| 03 Dec 2024 | ₹153.12 | ₹126.23 |
| 24 May 2025 | ₹160.29 | ₹132.68 |
| 12 Nov 2025 | ₹164.72 | ₹136.40 |
| 03 May 2026 | ₹167.06 | ₹139.04 |
| 22 Oct 2026 | ₹171.02 | ₹142.33 |
| Metric | Bank of India · Direct NAV ₹30.97 Low to Moderate risk ★★☆☆☆ | Mahindra Manulife · Direct NAV ₹14.24 Low to Moderate risk ★★★★☆ | Category median Short Duration Fund · 23 funds |
|---|---|---|---|
| +4.19% | +4.75%Best in row | +4.37% | |
| +7.46% | +7.51% | +7.25% | |
| +10.71%Best in row | +6.50% | +6.33% | |
| +5.62% | — | +6.92% | |
| +6.77% | +6.44% | +7.35% | |
| +7.96%Best in row | +6.90% | — | |
| +6.68% | +7.27%Best in row | +7.44% | |
| +5.81% | +6.62%Best in row | +7.29% | |
| +6.33% | — | +7.56% | |
| Risk | |||
| 1.47% | 0.95%Best in row | 0.97% | |
| 0.65 | 1.06Best in row | 0.77 | |
| 1.49 | 1.59Best in row | 1.17 | |
| -19.80% | -1.10% | -2.55% | |
| 0.54% | 0.33%Best in row | 0.37% | |
| ₹266.13Cr | — | ₹1,294Cr | |
| ₹1.00K | ₹500 | — | |
| ₹5.00K | ₹1.00K | — | |
| Mithraem Bharucha · 5.2y | Rahul Pal · 5.7y | — | |
| 18 Dec 2008 | 23 Feb 2021 | — | |
| 4.3% | 4.0% | — | |
10 rows carry the same value for every fund — show
- Benchmark
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- Alpha
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- Beta
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- Upside capture
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- Downside capture
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- Exit load
- None
- Lock-in
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- Portfolio turnover
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- Holdings
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- Top 10 weight
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Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Bank of India Short Term Fund or Mahindra Manulife Short Term Fund?
Over the last 3 years, Mahindra Manulife Short Term Fund returned +7.51% CAGR against Bank of India Short Term Fund's +7.46%, computed from AMFI NAV history. Over 5 years: Bank of India Short Term Fund +10.71% vs Mahindra Manulife Short Term Fund +6.50% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Bank of India Short Term Fund or Mahindra Manulife Short Term Fund?
Mahindra Manulife Short Term Fund has the lower expense ratio: Bank of India Short Term Fund charges 0.54% a year against Mahindra Manulife Short Term Fund's 0.33%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Bank of India Short Term Fund or Mahindra Manulife Short Term Fund?
Bank of India Short Term Fund has shown higher volatility (+1.47% annualized vs Mahindra Manulife Short Term Fund's +0.95%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Bank of India Short Term Fund -0.56% vs Mahindra Manulife Short Term Fund -0.56%.
Are Bank of India Short Term Fund and Mahindra Manulife Short Term Fund in the same category?
Yes — both are Short Duration Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.