Bank of India Ultra Short Duration Fund Direct Growth

Debt
Ultra Short Duration
Low to Moderate Risk
5.85%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 04 Oct 2024₹3,100.82
Min. SIP amount₹1,000
Rating2
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
1Y3Y5YAll
Fund returns7.0%5.8%5.4%7.3%
Category average7.0%5.7%5.3%NA
Rank with in category232318NA
Understand terms

Holdings (17)

NameSectorInstrumentAssets
Aditya Birla Finance Ltd.
FinancialCP9.94%
Kotak Mahindra Bank Ltd.
FinancialCD8.69%
Axis Bank Ltd.
FinancialCD8.30%
ICICI Bank Ltd.
FinancialCD8.03%
Small Industries Devp. Bank of India Ltd.
FinancialCD7.66%
Kotak Mahindra Prime Ltd.
FinancialCP6.61%
EnergyDebenture6.11%
Larsen & Toubro Ltd.
ConstructionDebenture6.08%
LIC Housing Finance Ltd.
FinancialDebenture6.05%
National Bank For Agriculture & Rural Development
FinancialCD5.89%
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 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
Website
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,

Compare funds

Bank of India Ultra Short Duration Fund Direct Growth
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