Bank of India Ultra Short Duration Fund Regular Growth
DebtUltra Short DurationLow to Moderate Risk
Regular
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹169 Cr
Expense Ratio
1.19%
ISIN
INF761K01298
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
16 Jul 2008
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹2970.08, Assets Under Management (AUM) of 168.68 Crores, and an expense ratio of 1.19%.
- 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, 26.76% in debts, and 72.99% 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
+6.34%
+6.09% (Cat Avg.)
3 Years
+5.26%
+5.26% (Cat Avg.)
5 Years
+5.09%
+4.96% (Cat Avg.)
10 Years
+6.73%
+5.52% (Cat Avg.)
Since Inception
+7.03%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Debt | ₹45.14 Cr | 26.76% |
| Others | ₹123.54 Cr | 73.24% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹14.15 Cr | 8.39% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹13.07 Cr | 7.75% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹12.47 Cr | 7.40% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹12.45 Cr | 7.38% |
| Net Receivables / (Payables) | Cash - Collateral | ₹11.66 Cr | 6.91% |
| Kotak Mahindra Prime Limited | Cash - Commercial Paper | ₹10.75 Cr | 6.37% |
| Canara Bank | Cash - CD/Time Deposit | ₹10.7 Cr | 6.34% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹10.04 Cr | 5.95% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹10 Cr | 5.93% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹9.99 Cr | 5.92% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹9.91 Cr | 5.87% |
| 364 DTB 28112024 | Bond - Gov't/Treasury | ₹9.76 Cr | 5.78% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹9.6 Cr | 5.69% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹7.65 Cr | 4.53% |
| Axis Bank Limited** | Cash - CD/Time Deposit | ₹6.99 Cr | 4.15% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹3.98 Cr | 2.36% |
| Treps | Cash - Repurchase Agreement | ₹3.65 Cr | 2.16% |
| India (Republic of) | Bond - Short-term Government Bills | ₹0.96 Cr | 0.57% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹0.5 Cr | 0.30% |
| Corporate Debt Market Development Fund | Mutual Fund - Open End | ₹0.41 Cr | 0.24% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹87.07 Cr | 51.62% |
| Bond - Corporate Bond | ₹44.42 Cr | 26.33% |
| Cash - Collateral | ₹11.66 Cr | 6.91% |
| Cash - Commercial Paper | ₹10.75 Cr | 6.37% |
| Bond - Gov't/Treasury | ₹9.76 Cr | 5.78% |
| Cash - Repurchase Agreement | ₹3.65 Cr | 2.16% |
| Bond - Short-term Government Bills | ₹0.96 Cr | 0.57% |
| Mutual Fund - Open End | ₹0.41 Cr | 0.24% |
Risk & Performance Ratios
Standard Deviation
This fund
0.47%
Cat. avg.
0.74%
Lower the better
Sharpe Ratio
This fund
-2.01
Cat. avg.
-0.89
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.22
Higher the better
Fund Managers
Mithraem Bharucha
Since August 2021
Additional Scheme Detailsas of 15th July 2024
ISIN | INF761K01298 | Expense Ratio | 1.19% | Exit Load | No Charges | Fund Size | ₹169 Cr | Age | 16 Jul 2008 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Ultra Short Duration Fund TR INR |
Investment 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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹243.56 Cr | 6.7% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹568.43 Cr | 6.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1535.17 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1535.17 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹161.02 Cr | 7.2% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹161.02 Cr | 6.5% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2239.53 Cr | 7.0% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7168.59 Cr | 7.0% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹239.90 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹239.90 Cr | 7.6% |
About the AMC
Total AUM
₹7,906 Cr
Address
B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013
Other Funds by BOI Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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- Mithraem Bharucha
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