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Bank of India Ultra Short Duration Fund Direct Bonus
+6.86%
3Y annualised
-0.01% 1D
NAV: 30 Apr '26
₹3,425.58
Min. for SIP
Not Supported
Fund size (AUM)
₹116.60 Cr
Expense ratio
0.55%
Rating
1
Holdings (16)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 12.76% |
| HDFC Bank Ltd. | Financial | CD | 12.05% |
| Power Finance Corporation Ltd. | Financial | NCD | 11.99% |
| REC Ltd. | Financial | NCD | 10.71% |
| Manappuram Finance Ltd. | Financial | NCD | 9.44% |
| Indian Bank | Financial | CD | 8.47% |
| AU Small Finance Bank Ltd. | Financial | CD | 8.28% |
| Bank Of Baroda | Financial | CD | 8.08% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 8.08% |
| Bank Of Baroda | Financial | CD | 4.24% |
| Export-Import Bank Of India | Financial | CD | 4.23% |
| Reserve Bank of India | Financial | T-Bills | 4.09% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 4.04% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 4.02% |
| Reserve Bank of India | Financial | T-Bills | 1.44% |
| Reserve Bank of India | Financial | T-Bills | 0.66% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +6.9% | +6.0% | +6.6% | +7.3% |
| Category average (Debt Ultra Short Duration) | +6.8% | +5.7% | +6.0% | -- |
| Rank (Debt Ultra Short Duration) | 23 | 22 | 7 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Tata Ultra Short Term Fund Direct Growth | +6.83% | +7.48% | 3,955.37 | |
Axis Ultra Short Duration Fund Direct Growth | +6.72% | +7.45% | 3,958.30 | |
Invesco India Ultra Short Duration Fund Direct Growth | +6.62% | +7.33% | 963.47 | |
UTI Ultra Short Duration Fund Direct Growth | +6.55% | +7.33% | 3,130.01 | |
SBI Ultra Short Duration Fund Direct Growth | +6.41% | +7.19% | 11,847.06 | |
| Compare | ||||
Fund management
MBMithraem BharuchaAug 2021 - PresentView details
MB
Mithraem Bharucha
Aug 2021 - Present
View details
About Bank of India Ultra Short Duration Fund Direct Bonus
Bank of India Ultra Short Duration Fund Direct Bonus is a Debt Mutual Fund Scheme launched by Bank of India Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Mithraem Bharucha is the Current Fund Manager of Bank of India Ultra Short Duration Fund Direct Bonus fund. The fund currently has an Asset Under Management(AUM) of ₹13,424 Cr and the Latest NAV as of 30 Apr 2026 is ₹3,425.58.
The Bank of India Ultra Short Duration Fund Direct Bonus is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500.
;
Investment Objective
The fund aims to generate reasonable market related returns by investing in Money Market instruments. Also seeks to provide high liquidity to investors. The scheme would be investing more than 50% into instruments having maturity less than or equal to 1 year and rest having maturity more than 1 year with low /medium risk appetite.;
Fund benchmarkCRISIL Ultra Short Duration Debt A-I Index
Fund house
Rank (total assets)#31 in India
Total AUM₹13,424.16 Cr
Date of Incorporation31 Mar 2008
Launch Date31 Mar 2008
AddressB/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,