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1M
6M
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3Y
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| NAV: 13 Jun 2025 | ₹3,264.38 |
| Min. SIP amount | ₹1,000 |
| Rating | 1 |
| Fund size | ₹223.55Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (18)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Axis Bank Ltd. | Financial | CD | 8.80% |
Punjab National Bank | Financial | CD | 8.66% |
Reliance Retail Ventures Ltd. | Services | CP | 8.00% |
Canara Bank | Financial | CD | 6.45% |
Bank Of Baroda | Financial | CD | 6.45% |
Small Industries Devp. Bank of India Ltd. | Financial | CD | 6.33% |
Bharti Telecom Ltd. | Communication | CP | 6.10% |
Kotak Mahindra Investments Ltd. | Financial | CP | 5.95% |
HDFC Bank Ltd. | Financial | CD | 5.36% |
NTPC Ltd. | Energy | CP | 5.33% |
Power Finance Corporation Ltd. | Financial | Debenture | 4.48% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 4.48% |
Reserve Bank of India | Financial | T-Bills | 4.43% |
AU Small Finance Bank Ltd. | Financial | CD | 4.37% |
Indian Bank | Financial | CD | 4.29% |
Kotak Mahindra Prime Ltd. | Financial | CP | 4.24% |
Reserve Bank of India | Financial | T-Bills | 0.86% |
Reserve Bank of India | Financial | T-Bills | 0.13% |
See All
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Returns and rankings
Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.6% | 6.9% | 5.5% | 7.4% |
| Category average | 7.3% | 6.7% | 5.5% | NA |
| Rank with in category | 23 | 23 | 21 | NA |
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Peer Comparison
| Debt, Ultra Short Duration funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Ultra Short Duration Fund Direct Growth | 5 | 8.3% | 7.6% | 8,772.15 |
ICICI Prudential Ultra Short Term Fund Direct Growth | 4 | 8.1% | 7.5% | 16,268.60 |
Sundaram Ultra Short Duration Fund Direct Growth | 5 | 8.0% | 7.4% | 2,550.51 |
UTI Ultra Short Duration Fund Direct Growth | 4 | 8.0% | 7.3% | 4,350.91 |
PGIM India Ultra Short Duration Direct Growth | 4 | 7.8% | 7.2% | 198.08 |
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
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.comPros and cons
Category: Debt Ultra Short Duration
Pros
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
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
Low rating: 1
Compare funds
Bank of India Ultra Short Duration Fund Direct Growth
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