Bank of India Ultra Short Duration Fund

Q: What are the returns of this mutual fund scheme?

The Bank of India Ultra Short Duration Fund is a 17 yrs 3 m old fund and has delivered average annual returns of 6.99% since inception. Bank of India Ultra Short Duration Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.6% 6.52% 5.27% 6.43% 6.99%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹3216.9189+0.05% 1 day change	6.99% p.a.	App exclusive #NA View Ranked Funds	₹190 Cr

Historical NAV & returns

NAV: ₹3216.9189 as on Oct 20, 2025

This fund Category average

Bank of India Ultra Short Duration Fund overview

AUM (Fund size)	₹190 Cr
Exit load	0%
Lock-in Period	Nil
Age	17 yrs 3 m since Jul 09, 2008
Benchmark	CRISIL Ultra Short Duration Debt A-I Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	0.9% as on Sep 30, 2025
Plan type	Regular
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Bank of India Ultra Short Duration Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	0.45%	0.47%
3 Months	1.28%	1.36%
6 Months	2.92%	3.07%
1 Year	6.6%	6.88%
2 Years	6.58%	6.98%
3 Years	6.52%	6.87%
4 Years	5.82%	6.07%
5 Years	5.27%	5.57%
7 Years	5.7%	5.85%
10 Years	6.43%	6.09%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 36.81%

A1+ 36.12%

AA 14.34%

Cash & Call Money 11.44%

Top Debt Holdings

REC Ltd. 9.82%

HDFC Bank Ltd. 9.81%

Power Finance Corporation Ltd. 9.53%

LIC Housing Finance Ltd. 9.52%

Allocation by Instruments

Non Convertible Debenture 43.21%

Certificate of Deposit 32.54%

Repo 9.85%

Debenture 7.94%

Other Holdings

Others 0.25%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bank of India Ultra Short Duration Fund	0.45%	2.92%	6.6%	6.52%	5.27%	6.43%
ICICI Prudential Ultra Short Term Fund	0.5%	3.3%	7.26%	7.2%	5.93%	6.92%
Mahindra Manulife Ultra Short Duration Fund	0.47%	3.11%	7.0%	7.05%	5.63%	3.43%
WhiteOak Capital Ultra Short Duration Fund	0.43%	2.89%	6.57%	6.59%	5.38%	3.31%
HDFC Ultra Short Term Fund	0.5%	3.19%	7.14%	7.16%	5.78%	4.45%
HSBC Ultra Short Duration Fund	0.49%	3.17%	7.14%	7.17%	5.76%	3.27%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bank of India Ultra Short Duration Fund	0.25	0.61	0.05	0.08
ICICI Prudential Ultra Short Term Fund	0.27	0.65	2.4	4.46
Mahindra Manulife Ultra Short Duration Fund	0.24	0.57	2.18	3.83
WhiteOak Capital Ultra Short Duration Fund	0.24	0.58	0.38	0.64
HDFC Ultra Short Term Fund	0.26	0.65	2.32	4.32
HSBC Ultra Short Duration Fund	0.26	0.64	2.47	4.16

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bank of India Ultra Short Duration Fund	N.A.	190 Cr	17 yrs 3 m	0.9%
ICICI Prudential Ultra Short Term Fund	N.A.	14,697 Cr	14 yrs 6 m	0.8%
Mahindra Manulife Ultra Short Duration Fund	N.A.	208 Cr	6 yrs	0.7%
WhiteOak Capital Ultra Short Duration Fund	N.A.	531 Cr	6 yrs 5 m	1.03%
HDFC Ultra Short Term Fund	N.A.	16,700 Cr	7 yrs 1 m	0.7%
HSBC Ultra Short Duration Fund	N.A.	2,496 Cr	5 yrs 9 m	0.35%

View all Ultra Short Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.12 vs. 2.47 Underperformed at beating benchmark
Sharpe	0.05 vs. 2.73 Poor risk-adjusted returns
Beta	0.61 vs. 0.96 Less sensitive to market ups & downs
Standard deviation	0.25 vs. 0.2 More volatile performance

Compare Bank of India Ultra Short Duration Fund in detail with

About this fund

About Bank of India Ultra Short Duration Fund

Bank of India Ultra Short Duration Fund is a Ultra Short Duration mutual fund scheme from Bank Of India Mutual Fund. This fund has been in existence for 17 yrs 3 m, having been launched on 09/07/2008. Bank of India Ultra Short Duration Fund has ₹190 Crores worth of assets under management (AUM) as on 30/09/2025 and is small fund of its category. The latest Net Asset Value (NAV) of Bank of India Ultra Short Duration Fund as of 20/10/2025 is ₹3216.92. The fund has an expense ratio of 0.9%, which is higher than what most other Ultra Short Duration funds charge.

Bank of India Ultra Short Duration Fund returns of last 1-year are 6.63%. Since launch, it has delivered 7.00% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Bank of India Ultra Short Duration Fund scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is low.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in REC Ltd., HDFC Bank Ltd., Power Finance Corporation Ltd., LIC Housing Finance Ltd., National Bank For Agriculture & Rural Development.

...

Fund AUM	190 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Mithraem Bharucha

Mr. Bharucha is a BMS and MBA Prior to joining Bank of India Mutual Fund, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.

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.

Bank of India Mutual Fund details

No. of schemes	21 view all schemes
Total AUM	13,428 Cr as on Sep 30, 2025
Address	B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai, 400013
Email	service@boiaxa-im.com

More funds from Bank of India Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Bank of India Short Term Income Fund	N.A.	241 Cr	9.35%	10.01%
Bank of India Liquid Fund	N.A.	1,360 Cr	6.74%	7.06%
Bank of India Overnight Fund	N.A.	34 Cr	6.1%	6.51%
Bank of India Credit Risk Fund	N.A.	106 Cr	6.38%	6.08%

See all Debt funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Bank of India Ultra Short Duration Fund plan is approximately ₹3216.9189 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Bank of India Ultra Short Duration Fund is a 17 yrs 3 m old fund and has delivered average annual returns of 6.99% since inception.

Bank of India Ultra Short Duration Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.6%	6.52%	5.27%	6.43%	6.99%

How much does this mutual fund charge as expense ratio?

The Bank of India Ultra Short Duration Fund has an expense ratio of 0.9%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Bank of India Ultra Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 190 Cr as on Sep 30, 2025.

To whom does Bank of India Ultra Short Duration Fund lend to?

The top 3 debt holdings of Bank of India Ultra Short Duration Fund are as follows

Holding Name	Percentage of Portfolio
REC Ltd.	9.82%
HDFC Bank Ltd.	9.81%
Power Finance Corporation Ltd.	9.53%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Bank of India Ultra Short Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	36.81%
A1+	36.12%
AA	14.34%

What is risk level of Bank of India Ultra Short Duration Fund?

This is a Ultra Short Duration fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Bank of India Ultra Short Duration Fund?

Redeeming your investments in the Bank of India Ultra Short Duration Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Ultra Short Duration

#NA

Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.