Bank of India Ultra Short Duration Fund - Growth - Regular Plan

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  • 0.02 %Nav, as on 22-09-2023

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  • Net Change on 22-09-2023

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  • Assets (Cr.)

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Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through portfolio of debt and money market instruments. The Scheme is not providing any assured or guaranteed returns.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Growth 6.00 5.84 6.28 4.38 5.38 7.06
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
CRISIL Ultra Short Term Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Growth Jul 16, 2008 Unrated 6.28 4.38 5.38 1.22 141.03
Aditya Birla Sun Life Savings Fund - Discipline Advantage Plan Jun 23, 2009 6.98 5.05 6.49 0.34 14,682.62
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan Apr 16, 2003 7.05 5.14 6.39 0.54 14,682.62
Kotak Savings Fund -Growth Aug 13, 2004 6.71 4.62 5.74 0.80 13,487.47
ICICI Prudential Ultra Short Term Fund - Growth May 03, 2011 6.78 5.02 6.20 0.84 13,376.39
SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH May 19, 1999 Unrated 6.80 4.69 5.83 0.54 13,259.52

Fund Holdings as on 31-August-2023

  • 4.99% REC Limited (31/01/2024) **

  • Axis Bank Limited (14/02/2024) #

  • Bank of Baroda (20/12/2023) ** #

  • HDFC Bank Limited (22/04/2024) **

  • 8.79% LIC Housing Finance Limited (05/03/2024) **

  • 182 Days Tbill (MD 14/09/2023)

  • 5.44% National Bank For Agriculture and Rural Development (05/02/2024) **

  • Kotak Mahindra Bank Limited (27/12/2023) ** #

  • ICICI Bank Limited (29/12/2023) ** #

  • 6.1% Cholamandalam Investment and Finance Company Ltd (18/12/2023) **

  • IIFL Finance Limited (07/09/2023) **

  • 8.65% Indian Railway Finance Corporation Limited (15/01/2024) **

  • 4.58% Small Industries Dev Bank of India (18/12/2023) **

  • 364 Days Tbill (MD 27/10/2023)

  • 9.6% Export Import Bank of India (07/02/2024) **

  • Net Receivables / (Payables)

  • TREPS

  • Bank of Baroda (12/09/2023) ** #

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  • Miscellaneous

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Fund Manager

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • FITCH A1+

  • ICRA A1+

  • ICRA AA+

  • ICRA AAA

  • SOVEREIGN

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About Bank of India Ultra Short Duration Fund

Scheme Analysis

Bank of India Ultra Short Duration Fund is a Debt - Ultra Short Duration Fund fund and belongs to Bank of India Mutual Fund. It was launched on 16-Jul-2008 and currently has an AUM of ₹141.03 crore. Bank of India Ultra Short Duration Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Ultra Short Term Debt Index as secondary index.

The NAV of Bank of India Ultra Short Duration Fund ended up ₹0.51(0.02%)yesterday to ₹2818.5263.

Among its top 3 holdings the fund has exposure to 4.99% REC Limited (31/01/2024) **, and

The Bank of India Ultra Short Duration Fund is managed by Mithraem Bharucha .

Fund House Contact

B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 013

+91 (22) 40479000
service@boimf.in
+91 (22) 40479001