Data as on 04th feb 2025

Bank Of India Ultra Short Term Fund

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. Further there is no assurance that the investment objectives of the Scheme will be realized.

Fund Manager

Fund Highlights

  • An open-ended ultra short duration debt fund suitable for short-term deployment of funds.
  • An ideal investment avenue for short to medium term parking of funds.
  • Suitable for those with an investment horizon of 3 to 6 months.
  • It endeavors to provide returns that are higher than those of liquid funds by maintaining a higher portfolio duration.
  • Click here for KIM
  • Click here for SID

Riskometer

Scheme Riskometer:

Investor understand that their principal will be at very high risk

 

  1. The above Riskometer is based on the portfolio as on 30th June, 2026.

    This product is suitable for investors who are seeking*:

  2. Regular income over short to medium term
  3. Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months
  4. Benchmark Riskometer: Tier 1: CRISIL Ultra Short Duration Debt A-I Index:

 

Investor understand that their principal will be at very high risk

*Investor should consult their financial advisor if in doubt about whether the product is suitable for them

The above Benchmark Riskometer is based on the portfolio as on 30th June, 2026.

Potential Risk Class Matrix
Credit Risk Relatively Low (Class A) Moderate (Class B) Relatively High (Class C)
Interest rate Risk
Relatively Low (Class I) B-I
Moderate (Class II)
Relatively High (Class III)

Top 10 Portfolio Holdings

Portfolio Details % to Net Assets
Kotak Mahindra Bank Limited 8.1%
Bank of Baroda 8.1%
Small Industries Dev Bank of India 8.0%
TREPS / Reverse Repo Investments 7.4%
Government of India 7.3%
REC Limited 7.2%
Indian Bank 7.0%
Axis Bank Limited 6.8%
Manappuram Finance Limited 6.6%
National Bank For Agriculture and Rural Development 6.3%

Credit Profile

70.3%
A1+
7.4%
TREPS
7.3%
SOV
7.2%
AAA
6.6%
AA
1.3%
Others*

Asset Allocation

70.3%
Money Market Instruments
13.7%
CORPORATE DEBT
8.5%
Cash & Other Receivables
7.3%
GOVERNMENT BOND AND TREASURY BILL
0.3%
CDMDF

Fund Performance

  • Scheme
  • Benchmark
Total Expense Ratio
november-2025.xlsx file downloaded successfully

Performance for Regular-Growth Plan

Current Value of Standard Investment of Rs 10000 in the
Date NAV Per Unit(Rs.) Scheme Returns(%)^ Benchmark Returns #(%) Additional Benchmark Returns # #(%) Scheme (Rs) Benchmark #(Rs) Additional Benchmark # #(Rs)
7 Days 3360.7778 6.60 % 6.82 % 5.48 % 10012 10013 10010
15 Days 3355.7064 6.76 % 6.69 % 3.48 % 10027 10027 10014
30 Days 3351.0125 4.93 % 5.90 % 3.31 % 10041 10049 10028
3 Months 3312.1267 6.34 % 6.44 % 4.65 % 10156 10159 10115
6 Months 3258.6288 6.55 % 6.82 % 4.48 % 10286 10309 10208
1 Year 3180.0922 5.82 % 6.30 % 4.21 % 10582 10630 10421
3 Years 2795.5188 6.37 % 7.11 % 6.32 % 12037 12289 12019
5 Years 2548.4086 5.71 % 6.45 % 5.67 % 13204 13672 13179
10 Years 1842.4938 6.20 % 6.56 % 5.97 % 18263 18890 17864
Since inception 1000.0000 6.95 % 7.37 % 6.30 % 33650 36109 30110

^ Past performance may or may not be sustained in the future
# CRISIL Ultra Short Duration Debt A-I Index
# # CRISIL 1 Year T-Bill Index


^ Past performance may or may not be sustained in the future. Date of Allotment - *Regular Plan: July 16, 2008 #Direct Plan: January 1, 2013.
Above returns are in Compounded Annual Growth Rate (CAGR).
@ In case, the start date or the end date of the concerned period is a non-business day, the NAV of the previous business day is considered for computation of returns.

1. Mr. Mithraem Bharucha has been managing this scheme w.e.f. August 17, 2021. In addition to this scheme, he manages 4 open ended schemes and co-manages 1 open ended scheme of Bank of India Mutual Fund.
2. Period for which scheme’s performance has been provided is computed basis on last working day of the Month-end preceding the date of publication.
3. Different plans shall have a different expense structure.

IDCW History

CLICK HERE TO VIEW THE IDCW HISTORY

Liq-uity

 

Liq-uity is a revolutionary new concept in investing where the daily gains, if any, from BOI AXA Liquid Fund (BALF) or BOI AXA Ultra Short Duration Fund  get transferred (BAUSDF) to BOI AXA Large & Mid Cap Fund (BALMCF) / BOI AXA MANUFACTURING & INFRASTRUCTURE FUND (BAMIF) on all business days. So your capital is liquid, and your daily gains keep growing! Could there be a better way to invest?

Liq-uity is a revolutionary new concept in investing where the daily gains, if any, from BOI AXA Liquid Fund (BALF) or BOI AXA Ultra Short Duration Fund (BAUSDF) get transferred to BOI AXA Large & Mid Cap Fund (BAELMCF) / BOI AXA MANUFACTURING & INFRASTRUCTURE FUND (BAMIF) on all business days. So your capital is liquid, and your daily gains keep growing! Could there be a better way to invest?

WHAT IS Liq-uity

  • For investors opting for the Daily Dividend Transfer Facility under Liq-uity in BALF/ BAUSDF, the daily dividend gets transferred to BALMCF / BAMIF while the initial investment remains invested in BALF / BAUSDF.
  • For investors opting for the Growth Option, the daily appreciation in NAV gets switched from BALF / BAUSDF in to BALMCF/ BAMIF. To effect the switch, the Units in BALF/BAUSDF will automatically get redeemed to the extent of the daily appreciation amount and the appreciation amount will be invested in BALMCF/ BAMIF.
  • Daily transfer of such gains enables you to ride market volatility with the endeavor to optimize returns.

Advantages of Liq-uity

  • Enables investors to get the best out of both fixed income and equity investments
    • Enjoy the benefits of Liq-uity
    • Enjoy the opportunity to earn attractive returns in line with equity markets
  • Conservative
    • Only your gains earned from BALF / BAUSDF are transferred to  BALMCF/ BAMIF
    • Initial Capital remains invested in BALF / BAUSDF at all times
  • Daily Participation in Equities
    • Take advantage of Rupee Cost Averaging on a daily basis (on all business days)