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 September 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 September 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
Government of India 7.5%
HDFC Bank Limited 7.5%
Union Bank of India 7.4%
Power Finance Corporation Limited 7.1%
Kotak Mahindra Bank Limited 7.0%
REC Limited 6.1%
Small Industries Dev Bank of India 5.9%
National Bank For Agriculture and Rural Development 5.4%
Bank of Baroda 5.0%
Axis Bank Limited 5.0%

Credit Profile

69.7%
A1+
13.2%
AAA
7.5%
SOV
4.5%
TREPS
4.2%
AA
0.9%
Others*

Asset Allocation

69.7%
Money Market Instruments
17.4%
CORPORATE DEBT
7.5%
GOVERNMENT BOND AND TREASURY BILL
5.2%
Cash & Other Receivables
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 3395.8491 2.82 % 3.75 % 0.43 % 10005 10007 10001
15 Days 3391.1522 4.69 % 5.05 % -1.73 % 10019 10020 9993
30 Days 3381.7350 5.74 % 5.98 % 1.68 % 10046 10048 10014
3 Months 3351.0125 5.53 % 6.22 % 3.09 % 10136 10153 10077
6 Months 3293.3218 6.32 % 6.75 % 3.99 % 10293 10316 10199
1 Year 3207.3610 5.93 % 6.40 % 4.01 % 10593 10640 10401
3 Years 2822.1530 6.38 % 7.08 % 6.14 % 12039 12280 11958
5 Years 2560.8629 5.81 % 6.54 % 5.66 % 13268 13731 13169
10 Years 1872.4553 6.14 % 6.54 % 5.88 % 18146 18847 17719
Since inception 1000.0000 6.94 % 7.36 % 6.26 % 33977 36492 30260

^ 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)