1M
6M
1Y
3Y
5Y
All
| NAV: 04 Oct 2024 | ₹3,100.82 |
| Min. SIP amount | ₹1,000 |
| Rating | 2 |
| Fund size | ₹164.25Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.0% | 5.8% | 5.4% | 7.3% |
| Category average | 7.0% | 5.7% | 5.3% | NA |
| Rank with in category | 23 | 23 | 18 | NA |
Understand terms
Holdings (17)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Aditya Birla Finance Ltd. | Financial | CP | 9.94% |
Kotak Mahindra Bank Ltd. | Financial | CD | 8.69% |
Axis Bank Ltd. | Financial | CD | 8.30% |
ICICI Bank Ltd. | Financial | CD | 8.03% |
Small Industries Devp. Bank of India Ltd. | Financial | CD | 7.66% |
Kotak Mahindra Prime Ltd. | Financial | CP | 6.61% |
Power Grid Corporation Of India Ltd. | Energy | Debenture | 6.11% |
Larsen & Toubro Ltd. | Construction | Debenture | 6.08% |
LIC Housing Finance Ltd. | Financial | Debenture | 6.05% |
National Bank For Agriculture & Rural Development | Financial | CD | 5.89% |
See All
Pros and cons
Category: Debt Ultra Short Duration
Pros
3Y, 5Y and 10Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 0.38%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Cons
1Y annualised returns lower than category average by 0.01%
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 0.38%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Mithraem BharuchaAug 2021 - PresentView details
Mithraem Bharucha
Aug 2021 - Present
View details
Education
Mr. Bharucha is a BMS and MBA
Experience
Prior to joining Bank of India Mutual Fund, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
E-mail
[email protected]
Bank of India Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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