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Fund Overview

Fund Size

Fund Size

₹241 Cr

Expense Ratio

Expense Ratio

1.23%

ISIN

ISIN

INF761K01298

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

16 Jul 2008

About this fund

Bank of India Ultra Short Duration Fund Regular Growth is a Ultra Short Duration mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 15 years, 10 months and 2 days, having been launched on 16-Jul-08.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹2934.35, Assets Under Management (AUM) of 240.88 Crores, and an expense ratio of 1.23%.
  • Bank of India Ultra Short Duration Fund Regular Growth has given a CAGR return of 7.03% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 38.52% in debts, and 61.23% in cash & cash equivalents.
  • You can start investing in Bank of India Ultra Short Duration Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.30%

+6.12% (Cat Avg.)

3 Years

+5.04%

+5.13% (Cat Avg.)

5 Years

+5.15%

+4.99% (Cat Avg.)

10 Years

+6.77%

+5.56% (Cat Avg.)

Since Inception

+7.03%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Debt92.78 Cr38.52%
Others148.1 Cr61.48%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
India (Republic of)Bond - Short-term Government Bills14.84 Cr10.19%
ICICI Bank LimitedCash - CD/Time Deposit12.62 Cr8.67%
Bank Of BarodaCash - CD/Time Deposit12.25 Cr8.42%
Axis Bank LimitedCash - CD/Time Deposit11.5 Cr7.90%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond11.17 Cr7.67%
Kotak Mahindra Prime LimitedCash - Commercial Paper10.58 Cr7.27%
Power Grid Corporation Of India LimitedBond - Corporate Bond10.03 Cr6.89%
Cholamandalam Investment And Finance Company LimitedBond - Corporate Bond9.98 Cr6.86%
LIC Housing Finance LtdBond - Corporate Bond9.85 Cr6.77%
364 DTB 28112024Bond - Gov't/Treasury9.61 Cr6.60%
Reliance Industries LimitedBond - Corporate Bond8.02 Cr5.51%
HDFC Bank LimitedCash - CD/Time Deposit7.53 Cr5.17%
Rec LimitedBond - Corporate Bond5 Cr3.44%
HDFC Bank LimitedBond - Corporate Bond3.98 Cr2.73%
Bajaj Finance Ltd.Cash - Commercial Paper2.98 Cr2.04%
Net Receivables / (Payables)Cash2.4 Cr1.65%
RepoCash - Repurchase Agreement1.41 Cr0.97%
India (Republic of)Bond - Short-term Government Bills0.95 Cr0.65%
LIC Housing Finance LtdBond - Corporate Bond0.5 Cr0.34%
Corporate Debt Market Development FundMutual Fund - Open End0.37 Cr0.25%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond58.53 Cr40.21%
Cash - CD/Time Deposit43.9 Cr30.16%
Bond - Short-term Government Bills15.79 Cr10.85%
Cash - Commercial Paper13.55 Cr9.31%
Bond - Gov't/Treasury9.61 Cr6.60%
Cash2.4 Cr1.65%
Cash - Repurchase Agreement1.41 Cr0.97%
Mutual Fund - Open End0.37 Cr0.25%

Risk & Performance Ratios

Standard Deviation

This fund

0.48%

Cat. avg.

0.73%

Lower the better

Sharpe Ratio

This fund

-2.01

Cat. avg.

-0.83

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.13

Higher the better

Fund Managers

Mithraem Bharucha

Mithraem Bharucha

Since August 2021

Additional Scheme Detailsas of 30th April 2024

ISININF761K01298Expense Ratio1.23%Exit LoadNo ChargesFund Size₹241 CrAge16 Jul 2008Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Ultra Short Duration Fund TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Ultra Short Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
PGIM India Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹240.88 Cr6.6%
Canara Robeco Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹525.85 Cr6.5%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹1259.19 Cr7.3%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1259.19 Cr7.5%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹284.82 Cr6.9%
LIC MF Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹284.82 Cr6.3%
UTI Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹2349.32 Cr6.9%
Nippon India Ultra Short Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹5653.60 Cr6.9%
Mahindra Manulife Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹220.10 Cr7.1%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹220.10 Cr7.5%

About the AMC

Total AUM

₹6,856 Cr

Address

B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013

Other Funds by BOI Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bank of India Midcap Tax Fund Series 1 Direct Growth

Very High Risk

-0.0%₹65.86 Cr49.6%
Bank of India Midcap Tax Fund Series 2 Direct Growth

Very High Risk

-0.0%₹34.78 Cr50.5%
Bank of India Mid & Small Cap Equity & Debt Direct Growth

Very High Risk

1.2%1.0%₹724.24 Cr51.0%
Bank of India Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%1.0%₹71.40 Cr13.7%
Bank of India Balanced Advantage Fund Direct Growth

Very High Risk

1.5%1.0%₹125.97 Cr25.8%
Bank of India Multi Cap Fund Direct Growth

Very High Risk

1.4%1.0%₹498.08 Cr50.8%
Bank of India Bluechip Fund Direct Growth

Very High Risk

1.4%1.0%₹141.70 Cr45.0%
Bank of India Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹879.32 Cr64.5%
Bank of India Large & Mid Cap Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹310.46 Cr43.8%
Bank of India Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹1317.91 Cr7.4%
Bank of India S/T Income Direct Growth

Moderate Risk

0.5%0.0%₹76.67 Cr6.3%
Bank of India Manufacturing and Infrastructure fund Direct Growth

Very High Risk

1.0%1.0%₹293.80 Cr63.3%
Bank of India Tax Advantage Fund Direct Growth

Very High Risk

1.2%0.0%₹1297.72 Cr56.4%
Bank of India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.9%0.0%₹240.88 Cr6.7%
Bank of India Credit Risk Fund Direct Growth

Moderately High risk

1.1%4.0%₹137.49 Cr7.0%
Bank of India Small Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹1052.37 Cr52.0%
Bank of India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹51.46 Cr6.9%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹28.97 Cr7.5%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of Bank of India Ultra Short Duration Fund Regular Growth, as of 17-May-2024, is ₹2934.35.
The fund has generated 6.30% over the last 1 year and 5.04% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 38.52% in bonds, and 61.23% in cash and cash equivalents.
The fund managers responsible for Bank of India Ultra Short Duration Fund Regular Growth are:-
  1. Mithraem Bharucha