Bank of India Ultra Short Duration Fund Regular Growth

Fund Overview

Fund Size

₹231 Cr

Expense Ratio

0.85%

ISIN

INF761K01298

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

16 Jul 2008

About this fund

Bank of India Ultra Short Duration Fund Regular Growth is a Ultra Short Duration mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 16 years, 6 months and 6 days, having been launched on 16-Jul-08.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹3064.49, Assets Under Management (AUM) of 230.85 Crores, and an expense ratio of 0.85%.

Bank of India Ultra Short Duration Fund Regular Growth has given a CAGR return of 7.02% since inception.
The fund's asset allocation comprises around 0.00% in equities, 28.88% in debts, and 70.86% in cash & cash equivalents.
You can start investing in Bank of India Ultra Short Duration Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.68%

+6.89% (Cat Avg.)

3 Years

+5.81%

+6.09% (Cat Avg.)

5 Years

+5.08%

+5.33% (Cat Avg.)

10 Years

+6.60%

+5.56% (Cat Avg.)

Since Inception

+7.02%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2024

Debt	₹66.68 Cr	28.88%
Others	₹164.17 Cr	71.12%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
LIC Housing Finance Ltd.	Cash - Commercial Paper	₹17.87 Cr	10.16%
Bank Of Baroda 2025	Cash - CD/Time Deposit	₹15.55 Cr	8.84%
ICICI Securities Limited	Cash - Commercial Paper	₹15.5 Cr	8.81%
Bharti Telecom Limited	Cash - Commercial Paper	₹13.18 Cr	7.49%
Export Import Bank Of India	Cash - Commercial Paper	₹12.22 Cr	6.95%
Canara Bank	Cash - CD/Time Deposit	₹12.17 Cr	6.92%
Treps	Cash - Repurchase Agreement	₹10.72 Cr	6.09%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹9.96 Cr	5.66%
Godrej Industries Limited	Bond - Corporate Bond	₹9.96 Cr	5.66%
Power Finance Corporation Ltd.	Bond - Corporate Bond	₹9.95 Cr	5.66%
HDFC Bank Limited	Cash - CD/Time Deposit	₹9.62 Cr	5.47%
Au Small Finance Bank Limited	Cash - CD/Time Deposit	₹9.46 Cr	5.38%
Small Industries Development Bank of India	Bond - Corporate Bond	₹9.44 Cr	5.37%
India (Republic of)	Bond - Short-term Government Bills	₹9.33 Cr	5.31%
Repo	Cash - Repurchase Agreement	₹5.93 Cr	3.37%
7.52% GJ Sdl 08/03/2025	Bond - Gov't/Treasury	₹2.5 Cr	1.42%
364 DTB 15012026	Bond - Gov't/Treasury	₹1.87 Cr	1.07%
Net Receivables / (Payables)	Cash - Collateral	₹-1.07 Cr	0.61%
364 Day T-Bill 30.01.25	Bond - Gov't/Treasury	₹1 Cr	0.57%
Corporate Debt Market Development Fund #	Mutual Fund - Open End	₹0.45 Cr	0.26%
364 DTB 24072025	Bond - Gov't/Treasury	₹0.29 Cr	0.16%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - Commercial Paper	₹58.78 Cr	33.41%
Cash - CD/Time Deposit	₹46.79 Cr	26.60%
Bond - Corporate Bond	₹39.31 Cr	22.35%
Cash - Repurchase Agreement	₹16.65 Cr	9.47%
Bond - Short-term Government Bills	₹9.33 Cr	5.31%
Bond - Gov't/Treasury	₹5.67 Cr	3.22%
Cash - Collateral	₹-1.07 Cr	0.61%
Mutual Fund - Open End	₹0.45 Cr	0.26%

Risk & Performance Ratios

Fund Managers

Mithraem Bharucha

Since August 2021

Additional Scheme Detailsas of 31st December 2024

ISIN

INF761K01298

Expense Ratio

0.85%

Exit Load

No Charges

Fund Size

₹231 Cr

Age

16 years 6 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Ultra Short Duration Fund TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Ultra Short Duration Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹230.85 Cr	6.9%
Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹582.59 Cr	6.8%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹1118.89 Cr	7.5%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1118.89 Cr	7.7%
LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹215.37 Cr	7.7%
LIC MF Ultra Short Duration Fund Regular Growth Moderate Risk	0.9%	0.0%	₹215.37 Cr	6.9%
UTI Ultra Short Term Fund Regular Growth Moderate Risk	0.9%	0.0%	₹3046.73 Cr	7.2%
Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹7695.11 Cr	7.2%
Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk	1.9%	0.0%	₹224.76 Cr	7.3%
Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹224.76 Cr	7.8%

About the AMC

BOI Mutual Fund

+91 22 40479000

https://www.boimf.in/

Total AUM

₹10,511 Cr

Address

B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013

Other Funds by BOI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk	-	0.0%	₹66.47 Cr	10.4%
Bank of India Midcap Tax Fund Series 2 Direct Growth Very High Risk	-	0.0%	₹34.67 Cr	10.7%
Bank of India Mid & Small Cap Equity & Debt Direct Growth Very High Risk	0.8%	1.0%	₹1107.71 Cr	16.2%
Bank of India Conservative Hybrid Fund Direct Growth Moderately High risk	1.1%	1.0%	₹65.87 Cr	6.1%
Bank of India Balanced Advantage Fund Direct Growth Very High Risk	1.2%	1.0%	₹133.01 Cr	4.4%
Bank of India Multi Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹767.19 Cr	15.6%
Bank of India Bluechip Fund Direct Growth Very High Risk	0.9%	1.0%	₹193.60 Cr	6.1%
Bank of India Flexi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹2096.09 Cr	19.2%
Bank of India Large & Mid Cap Equity Fund Direct Growth Very High Risk	1.2%	1.0%	₹367.03 Cr	12.6%
Bank of India Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1314.69 Cr	7.4%
Bank of India S/T Income Direct Growth Moderate Risk	0.5%	0.0%	₹84.91 Cr	9.8%
Bank of India Manufacturing and Infrastructure fund Direct Growth Very High Risk	0.7%	1.0%	₹536.92 Cr	19.4%
Bank of India Tax Advantage Fund Direct Growth Very High Risk	0.8%	0.0%	₹1441.45 Cr	13.2%
Bank of India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹230.85 Cr	7.2%
Bank of India Credit Risk Fund Direct Growth Moderately High risk	1.0%	4.0%	₹114.41 Cr	6.3%
Bank of India Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1658.26 Cr	20.5%
Bank of India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹40.83 Cr	6.8%
Bank of India Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹39.55 Cr	7.5%

Risk Level

Your principal amount will be at Low to Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of Bank of India Ultra Short Duration Fund Regular Growth?

The NAV of Bank of India Ultra Short Duration Fund Regular Growth, as of 21-Jan-2025, is ₹3064.49.

What are the returns of Bank of India Ultra Short Duration Fund Regular Growth?

The fund has generated 6.68% over the last 1 year and 5.81% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Bank of India Ultra Short Duration Fund Regular Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 28.88% in bonds, and 70.86% in cash and cash equivalents.

Who manages the Bank of India Ultra Short Duration Fund Regular Growth?

The fund managers responsible for Bank of India Ultra Short Duration Fund Regular Growth are:-

Mithraem Bharucha

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹231 Cr

Expense Ratio

0.85%

ISIN

INF761K01298

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

16 Jul 2008

Risk Level

Your principal amount will be at Low to Moderate Risk