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  • Bank of India Ultra Short Duration Fund (Growth)

Formerly BOI AXA Ultra S/D Reg Gr

BOI Mutual Funds

Bank of India Ultra Short Duration Fund (Growth)

DebtUltra Short

2920.3892

NAV (Apr 16)

5%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in ultra short mutual funds.

Ultra short funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Rolling Returns

Neutral

The performance of the fund on a Rolling Returns metric has been Neutral

Scripbox Recommended Debt Funds
Want the ultra short term debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

2920.3892

NAV (Apr 16)

Fund Returns

Last 1Y
6.4%
Last 3Y
5%
Last 5Y
5.2%
Last 10Y
6.8%
Since Inception
7%
6 Month CAGR
3.2%

Scheme Information

Investment Objective

The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through portfolio of debt and money market instruments. The Scheme is not providing any assured or guaranteed returns.

Expense Ratio
1.23
Launched (16y ago)
Jul 16, 2008
AUM in Crores
152.400
ISIN
INF761K01298
Lock-in
No Lock-in
Benchmark
CRISIL Ultra Short Duration Fund TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.5
Standard Deviation (5yr)
0.6
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-1.995
Sharpe Ratio (5yr)
-0.046
YTM
7.57
Fund Managers

Mithraem Bharucha

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Bank of India Ultra Short Duration Fund (Growth)70%8,30,002 97,3905.2%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-04-16

Top Debt Holdings

repo

14.5%
14.5%

icici bank limited

8.2%
8.2%

axis bank limited

7.5%
7.5%

kotak mahindra bank ltd.

7.3%
7.3%

small industries development bank of india

7.1%
7.1%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 4,923 cr

₹ 10,293 cr

₹ 35,428 cr

₹ 13,848 cr

₹ 4,555 cr

amc-img

About the AMC

Bank of India Investment Managers Private Limited

Bank of India Investment Managers Private Limited manages assets worth 7,009 crores and was set up on 13 August 2007. It's current offering of mutual fund schemes includes 32 equity,35 debt and 18 hybrid funds.amc-img
phone-img22-6124-9000
Fund NameScripbox Opinion
Till Date CAGR

24.9%

20.4%

24.6%

19.8%

31%

12%

25%

17%

24.9%

16.1%

Bank of India Ultra Short Duration Fund (G) Review

Bank of India Ultra Short Duration Fund (G) is a Ultra Short Debt fund and has delivered an annualised return of 7% over a period of 15 years. The fund was previously known as BOI AXA Ultra S/D Reg Gr. The fund is managed by Bank of India Investment Managers Private Limited. The fund manager’s name is Mithraem Bharucha.

Nav of Bank of India Ultra Short Duration Fund (G) as of 4/16/2024 is ₹2920.39 with the total AUM as of 4/17/2024 is ₹152.4. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bank of India Ultra Short Duration Fund (G) was launched on Jul 16, 2008. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Bank of India Ultra Short Duration Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Bank of India Ultra Short Duration Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Ultra Short Duration Fund TR INR.

Bank of India Ultra Short Duration Fund (G) is rated as a 2 fund in Debt and delivered 6.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bank of India Ultra Short Duration Fund (G).

Frequently Asked Questions

What is Bank of India Ultra Short Duration Fund (G)?

Bank of India Ultra Short Duration Fund (G) is a Ultra Short Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Bank of India Ultra Short Duration Fund (G)?

You can invest in Bank of India Ultra Short Duration Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Bank of India Ultra Short Duration Fund (G)?

The minimum sip amount for Bank of India Ultra Short Duration Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Bank of India Ultra Short Duration Fund (G) good to invest in?

As per Scripbox experts, Bank of India Ultra Short Duration Fund (G) is a Neutral fund. You can investBank of India Ultra Short Duration Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Bank of India Ultra Short Duration Fund (G)?

The expense ratio of the Bank of India Ultra Short Duration Fund (G) is 1.23% for regular plan.