Bank of India Ultra Short Duration Fund-Direct (IDCW-W)

Debt · Ultra Short Duration
 · ★★★
1,000
Min SIP
5,000
Min Lumpsum
0.77 %
Expense Ratio
★★★
Rating
135
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 01 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 6.8% 5.1% 5.5% 7.7%
Category Average 25.8% 15.3% 16.8% -

Scheme Allocation

By Holding
By Sector
By Asset
TREPS
9.5%
Canara Bank
8.64%
N A B A R D
8.08%
I R F C
8.07%
Power Grid Corpn
6.81%
Others
58.9%
View all Holdings
Holdings Sector Instrument Asset
TREPS - - 9.5%
Canara Bank - - 8.64%
N A B A R D - - 8.08%
I R F C - - 8.07%
Power Grid Corpn - - 6.81%
Larsen & Toubro - - 6.77%
S I D B I - - 6.77%
Natl. Hous. Bank - - 6.76%
Bajaj Finance - - 6.73%
E X I M Bank - - 6.65%
ICICI Securities - - 6.64%
TBILL-182D - - 6.58%
HDFC Bank - - 4%
Muthoot Finance - - 3.38%
Tata Power Co. - - 0.82%
Reverse Repo - - 0.71%
Tata Motors Fin. - - 0.68%
TBILL-364D - - 0.65%
Net CA & Others - - -5.92%
Others
100%
View all Sectors
Sectors Asset
Certificate of Deposit
43.1%
Corporate Debentures
33.42%
T-Bills
10.56%
Commercial Paper
8.33%
Reverse Repos
3.63%
Others
0.96%
View all Assets
Assets Asset
Certificate of Deposit 43.1%
Corporate Debentures 33.42%
T-Bills 10.56%
Commercial Paper 8.33%
Reverse Repos 3.63%
Net Curr Ass/Net Receivables 0.7%

Advance Ratio

-2
Alpha
0.14
SD
0
Beta
-4.1
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments.

Fund Managers

Mithraem Bharucha - Fixed income markets, Trading and portfolio management - Fund Manager

Mr Mithraem Bharucha has more than 14 years of expertise in the fixed income markets, including trading and portfolio management, and joined Bank of India Investment Managers in August 2021.
Before joining Bank of India Investment Managers, he worked with companies like YES Mutual Fund and BNP Paribas Mutual Fund. He has a master’s degree in business administration with a finance concentration and a bachelor’s degree in management studies from Mumbai University.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Address:
B/204, Tower 1,Peninsula Corporate Park, Ganpatrao kadam marg, Lower Parel, Mumbai - 400013
Contact:
022 - 61249000
Email ID:
service@boimf.in

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Frequently Asked Questions

How to invest in Bank of India Ultra Short Duration Fund-Direct (IDCW-W) ?

You can invest in Bank of India Ultra Short Duration Fund-Direct (IDCW-W) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Bank of India Ultra Short Duration Fund-Direct (IDCW-W) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Bank of India Ultra Short Duration Fund-Direct (IDCW-W) ?

The NAV of Bank of India Ultra Short Duration Fund-Direct (IDCW-W) is ₹1,007.7 as of 01 March 2024.

How to redeem Bank of India Ultra Short Duration Fund-Direct (IDCW-W) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Bank of India Ultra Short Duration Fund-Direct (IDCW-W)?

The minimum SIP amount of Bank of India Ultra Short Duration Fund-Direct (IDCW-W) is ₹1000

How can I redeem my investments in Bank of India Ultra Short Duration Fund-Direct (IDCW-W)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Bank of India Ultra Short Duration Fund-Direct (IDCW-W) in Scheme, enter the redemption amount, and click on submit button.

How much returns have Bank of India Ultra Short Duration Fund-Direct (IDCW-W) generated ?

The Bank of India Ultra Short Duration Fund-Direct (IDCW-W) has delivered 7.7% since inception

What is the expense ratio of Bank of India Ultra Short Duration Fund-Direct (IDCW-W) ?

The expense ratio of Bank of India Ultra Short Duration Fund-Direct (IDCW-W) is 0.77 % as of 01 March 2024.

What is the AUM of Bank of India Ultra Short Duration Fund-Direct (IDCW-W)?

The AUM of Bank of India Ultra Short Duration Fund-Direct (IDCW-W) is ₹5,788 Cr as of 01 March 2024

What are the top stock holdings of Bank of India Ultra Short Duration Fund-Direct (IDCW-W)?

The top stock holdings of Bank of India Ultra Short Duration Fund-Direct (IDCW-W) are
  1. TREPS - 9.5%
  2. Canara Bank - 8.64%
  3. N A B A R D - 8.08%
  4. I R F C - 8.07%
  5. TBILL-182D - 7.68%

Can I make investments in both the SIP and Lump Sum schemes of Bank of India Ultra Short Duration Fund-Direct (IDCW-W)?

Yes, You can select both SIP or Lumpsum investment of Bank of India Ultra Short Duration Fund-Direct (IDCW-W) based on your investment objective and risk tolerance.
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