Bank of India Ultra Short Duration Fund – Direct (Bonus)

₹ -
Min SIP
₹ 5,000
Min Lumpsum
0.9 %
Expense Ratio
Rating
141
Fund Size (in Cr)
10 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 15 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 6.6% 4.6% 5.6% 7%
Category Average 14.7% 21.7% 13.9% -

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
Corporate Debentures
40.99%
Certificate of Deposit
31.49%
Commercial Paper
13.78%
T-Bills
10.58%
Net Curr Ass/Net Receivables
1.85%
Others
1.31%
View all Assets
Assets Asset
Corporate Debentures 40.99%
Certificate of Deposit 31.49%
Commercial Paper 13.78%
T-Bills 10.58%
Net Curr Ass/Net Receivables 1.85%
Reverse Repos 1.31%

Advance Ratio

4.48
Alpha
0.16
SD
0.01
Beta
8.6
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 (Bonus) ?

You can invest in Bank of India Ultra Short Duration Fund – Direct (Bonus) 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 (Bonus) 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 (Bonus) ?

The NAV of Bank of India Ultra Short Duration Fund – Direct (Bonus) is ₹2,837.3 as of 15 September 2023.

How to redeem Bank of India Ultra Short Duration Fund – Direct (Bonus) 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 are the top stock holdings of Bank of India Ultra Short Duration Fund – Direct (Bonus)?

The top stock holdings of Bank of India Ultra Short Duration Fund – Direct (Bonus) 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 (Bonus)?

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

How much returns have Bank of India Ultra Short Duration Fund – Direct (Bonus) generated ?

The Bank of India Ultra Short Duration Fund – Direct (Bonus) has delivered 7% since inception

What is the expense ratio of Bank of India Ultra Short Duration Fund – Direct (Bonus) ?

The expense ratio of Bank of India Ultra Short Duration Fund – Direct (Bonus) is 0.9 % as of 15 September 2023.

What is the AUM of Bank of India Ultra Short Duration Fund – Direct (Bonus)?

The AUM of Bank of India Ultra Short Duration Fund – Direct (Bonus) is ₹6,554 Cr as of 15 September 2023

How can I redeem my investments in Bank of India Ultra Short Duration Fund – Direct (Bonus)?

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 (Bonus) in Scheme, enter the redemption amount, and click on submit button.
Invest Now