Skip to main content
  • Home
  • Scheme Overview

BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Weekly IDCW

(Erstwhile BOI AXA Treasury Advantage Fund- Regular Plan- Weekly Dividend)

Category: Debt: Ultra Short Duration
Launch Date: 16-07-2008
Asset Class: Fixed Income
Benchmark: CRISIL Ultra Short Duration Fund BI Index
Expense Ratio: 1.19% As on (30-04-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 145.56 Cr As on (30-04-2024)
Turn over:
NAV (₹): 1008.5045
₹ 0.54 ( 0.0535%)
as on 13-05-2024
CAGR Since Inception - 5.84%
CRISIL Ultra Short Duration Fund BI Index - 5.39%

Fund Managers

Mithraem Bharucha


Investment Objective

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.

PERFORMANCE of BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Weekly IDCW

Scheme Performance (%) Data as on - 13-05-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Weekly IDCW 6.32 5.03 4.87 5.51 5.84
Benchmark - - - - -
Debt: Ultra Short Duration 6.89 5.33 5.45 6.47 6.12

RETURNS CALCULATOR for BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Weekly IDCW

Growth of 10000 In SIP (Fund vs Benchmark)

Amount :
Period :
Start :
End :

Growth of 10000 In LUMPSUM (Fund vs Benchmark)

Amount :
Start :

Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Key Performance and Risk Statistics of BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Weekly IDCW

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Weekly IDCW 0.36 8.07 3.35 0.43 7.68 0.45
Debt: Ultra Short Duration - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
BANK OF INDIA Ultra Short Duration Reg Wly IDCW 16-07-2008 6.32 6.04 5.03 4.87 5.51
ABSL Savings Gr Reg 27-11-2001 7.47 6.87 5.79 6.21 7.31
ABSL Savings Retail Gr 27-11-2001 7.47 6.87 5.79 6.21 7.31
Mirae Asset Ultra Short Duration Reg Gr 05-10-2020 7.37 6.72 5.62 0.0 0.0
Baroda BNP Paribas Ultra Short Duration Reg Gr 29-05-2018 7.32 6.92 5.74 5.68 0.0
ICICI Pru Ultra Short Term Gr 01-05-2011 7.21 6.62 5.6 6.05 7.68
HSBC Ultra Short Duration Gr 29-01-2020 7.2 6.65 5.51 0.0 0.0
Bandhan Ultra Short Term Reg Gr 01-07-2018 7.2 6.64 5.44 5.62 0.0
HDFC Ultra Short Term Gr 05-09-2018 7.19 6.6 5.48 5.79 0.0
SBI Magnum Ultra Short Duration Reg Gr 21-05-1999 7.18 6.61 5.45 5.68 6.74

Asset Allocation (%)

PORTFOLIO ANALYSIS of BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Weekly IDCW

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)

AMC partners we work with