close search
Home Mutual FundsDebtUltra Short Duration FundBank Of India Ultra Short Duration Fund

Bank Of India Ultra Short Duration Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Ultra Short Duration Fund category.

The NAV for Bank Of India Ultra Short Duration Fund Fund is 3,090.751 as of 12 Mar 2025. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 5.94% annualized return for the last 3 years.

At present Bank Of India Ultra Short Duration Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Fund Information

  • As of 31 Aug 2023, fund size of Bank Of India Ultra Short Duration Fund is 135.85 Cr.

  • Bank Of India Ultra Short Duration Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 1.21%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • Bank Of India Ultra Short Duration Fund is an Debt oriented mutual fund in the - Ultra Short Duration Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for Bank Of India Ultra Short Duration Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 16 Jul 2008 as at present it is 17 years old fund.

  • Name of the AMC is Bank of India Mutual Fund. Click here to know more about Bank of India Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Bank Of India Ultra Short Duration Fund managed by following fund manager(s);

Riskometer

Investors understand that their principal
will be at Low to Moderate risk

How does the Return Comparison of the Bank Of India Ultra Short Duration Fund fare against peer funds in the Ultra Short Duration fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Bank Of India Ultra Short Duration Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Ultra Short Duration fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.24% 0.67% 1.75% 3.69% 7.63% 7.51% 6.76% 6.18% 7.15%
Category Average 0.12% 0.47% 1.59% 3.34% 6.95% 6.91% 6.21% 5.44% 6.26%
Bank Of India Ultra Short Duration Fund 0.11% 0.46% 1.54% 3.22% 6.60% 6.49% 5.94% 5.11% 6.57%
Aditya Birla Sun Life Savings Fund 0.12% 0.45% 1.69% 3.69% 7.63% 7.51% 6.76% 6.16% 7.15%
Aditya Birla Sun Life Savings Fund 0.12% 0.45% 1.69% 3.69% 7.63% 7.51% 6.76% 6.16% 7.15%
Baroda BNP Paribas Ultra Short Duration Fund 0.13% 0.50% 1.68% 3.53% 7.32% 7.36% 6.72% 5.71% -
Mirae Asset Ultra Short Duration Fund 0.12% 0.50% 1.72% 3.58% 7.48% 7.44% 6.69% - -
HSBC Ultra Short Duration Fund 0.12% 0.48% 1.64% 3.45% 7.22% 7.23% 6.52% 5.59% -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Bank Of India Ultra Short Duration Fund are shown below;

Equity -

Debt 96.84%

Others 3.16%

Top Holdings

Name of the InstrumentHolding Percentage
REC LIMITED SR 205A 4.99 BD 31JN24 FVRS10LAC 9.83%
AXIS BANK LIMITED CD 14FEB24 8.92%
BANK OF BARODA CD 20DEC23 8.33%
HDFC BANK LIMITED 364D CP 22APR24 8.11%
LIC HOUSING FINANCE LIMITED SRTR 379OPT2 8.79NCD05MR24 10L LOAUPTO21AP19 7.84%
Others 56.97%
Click here to know More

Allocation by Instruments

Type of the InstrumentHolding Percentage
BOND 26.80%
CERTIFICATE OF DEPOSIT 31.49%
COMMERCIAL PAPER 13.78%
DEBENTURE 14.19%
TREASURY BILLS 10.58%

Portfolio Holdings shown is as of 31 Aug 2023