- Mutual Funds
- Bank of India Mutual Fund
- Bank of India Ultra Short Duration Fund (G)
Bank of India Ultra Short Duration Fund (G)
₹ 3014.2761
NAV (Oct 15)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 3014.2761
NAV (Oct 15)
Fund Returns
Last 1Y | 6.5% |
Last 3Y | 5.5% |
Last 5Y | 5% |
Last 10Y | 6.7% |
Since Inception | 7% |
6 Month CAGR | 3.3% |
Scheme Information
The fund aims to generate reasonable market related returns by investing in Money Market instruments. Also seeks to provide high liquidity to investors. The scheme would be investing more than 50% into instruments having maturity less than or equal to 1 year and rest having maturity more than 1 year with low /medium risk appetite.
Expense Ratio | 0.9 |
Launched (0y ago) | 0.9 |
AUM in Crores | 164.8 |
ISIN | INF761K01298 |
Lock-in | - |
Benchmark | CRISIL Ultra Short Duration Debt A-I Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 0.5 |
Beta | 1 |
Sharpe Ratio | -0.8 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Bank of India Ultra Short Duration Fund (G) | 8,26,779 | 94,167 | 5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
Others
14.6%Kotak Mahindra Bank Ltd.
8.2%ICICI Bank Ltd.
7.5%Small Industries Devp. Bank of India Ltd.
7.2%Union Bank of India
6.8%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,523 cr | ||
₹ 8,029 cr | ||
₹ 10,307 cr | ||
₹ 14,839 cr | ||
₹ 4,610 cr |
About the AMC
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
26.7% | 12.9% | ||
17.8% | 18% | ||
17.4% | 20% | ||
22.6% | 31.9% | ||
39.3% | 1.6% |
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 7.021% over a period of 16 years. The fund is managed by Bank of India Mutual Fund. The fund manager’s name is Mithraem Bharucha.
Nav of Bank of India Ultra Short Duration Fund (G) as of 10/15/2024 is ₹3014.28 with the total AUM as of 10/16/2024 is ₹164.7589. 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 2008-07-16. The category risk of the fund is Above Average.
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 Debt A-I Index.
It is rated as a 2 fund in Debt and delivered 6.546% 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)?
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, it is a 2 fund. You can invest in it 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 0.9% for regular plan.
What is the NAV of Bank of India Ultra Short Duration Fund (G)?
Today's Bank of India Ultra Short Duration Fund (G) NAV is ₹3014.28.