Previously Known As : Boi Axa Treasury Advantage Fund
Bank Of India Ultra Short Duration Fund Overview
Category Ultra Short Duration Fund
BMSMONEY Rank 19
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹3032.28(R) +0.02% ₹3127.83(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.58% 5.64% 5.04% 5.76% 6.64%
LumpSum (D) 7.09% 6.02% 5.36% 6.05% 6.91%
SIP (R) -24.31% 2.65% 2.05% 3.05% 4.26%
SIP (D) -23.92% 3.11% 2.42% 3.39% 4.57%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-2.61 -0.61 0.56 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.43% 0.0% 0.0% - 0.35%
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
Baroda BNP Paribas Ultra Short Duration Fund 3
Hsbc Ultra Short Duration Fund 4
Bandhan Ultra Short Term Fund 5

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Weekly IDCW 1007.12
-1.0700
-0.1100%
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Daily IDCW 1007.45
0.0000
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Weekly IDCW 1007.65
-0.9900
-0.1000%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Daily IDCW 1011.93
0.0000
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Growth 3032.28
0.5900
0.0200%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan-Bonus 3112.65
0.6600
0.0200%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Growth 3127.83
0.6600
0.0200%

Review Date: 19-11-2024

Bank of India Ultra Short Duration Fund has exhibited poor performance in the Ultra Short Duration Fund category. The fund has rank of 19 out of 22 funds in the category. The fund has delivered return of 6.58% in 1 year, 5.64% in 3 years, 5.04% in 5 years and 6.64% in 10 years. The category average for the same periods is 7.08%, 5.91%, 5.4% and 6.28% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 0.43. The category average for the same parameter is 0.49 The fund has high risk in the category.

Key Points:

  1. An investment of ₹10,000 in Bank of India Ultra Short Duration Fund direct growth option would have grown to ₹10709.0 in 1 year, ₹11917.0 in 3 years and ₹12982.0 in 5 years as of today (19-11-2024).
  2. An SIP of ₹1,000 per month in Bank of India Ultra Short Duration Fund direct growth option would have grown to ₹10375.0 in 1 year, ₹37755.0 in 3 years and ₹63807.0 in 5 years as of today (19-11-2024).
  3. Sharpe ratio of the fund is -2.61 which shows poor performance of fund in the ultra short duration fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.51
0.53
0.44 | 0.61 19 | 23 Poor
3M Return % 1.68
1.75
1.42 | 1.96 20 | 23 Poor
6M Return % 3.25
3.44
2.94 | 3.74 20 | 23 Poor
1Y Return % 6.58
7.08
6.03 | 7.71 21 | 23 Poor
3Y Return % 5.64
5.91
5.01 | 6.43 17 | 22 Average
5Y Return % 5.04
5.40
4.41 | 6.25 14 | 18 Average
7Y Return % 5.76
5.59
2.76 | 6.61 6 | 10 Good
10Y Return % 6.64
6.28
3.80 | 7.21 4 | 10 Good
15Y Return % 7.07
20.61
6.59 | 45.71 5 | 7 Average
1Y SIP Return % -24.31
-24.00
-24.81 | -23.50 20 | 23 Poor
3Y SIP Return % 2.65
3.05
2.08 | 3.60 19 | 22 Poor
5Y SIP Return % 2.05
2.42
1.44 | 3.05 16 | 18 Poor
7Y SIP Return % 3.05
3.25
1.68 | 4.02 7 | 10 Average
10Y SIP Return % 4.26
4.23
2.02 | 5.41 7 | 10 Average
15Y SIP Return % 5.73
17.74
5.19 | 42.86 5 | 7 Average
Standard Deviation 0.43
0.49
0.43 | 0.56 2 | 22 Very Good
Semi Deviation 0.35
0.39
0.34 | 0.43 3 | 22 Very Good
Max Drawdown % 0.00
0.00
-0.01 | 0.00 20 | 22 Poor
Average Drawdown % 0.00
0.00
-0.01 | 0.00 20 | 22 Poor
Sharpe Ratio -2.61
-1.86
-3.92 | -0.80 19 | 22 Poor
Sterling Ratio 0.56
0.58
0.50 | 0.64 17 | 22 Average
Sortino Ratio -0.61
-0.48
-0.76 | -0.25 19 | 22 Poor
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.55 0.58 0.54 | 0.62 22 | 23
3M Return % 1.81 1.88 1.62 | 2.02 22 | 23
6M Return % 3.51 3.71 3.27 | 3.87 22 | 23
1Y Return % 7.09 7.63 6.63 | 7.96 22 | 23
3Y Return % 6.02 6.41 5.61 | 6.89 20 | 22
5Y Return % 5.36 5.90 4.91 | 7.08 17 | 18
7Y Return % 6.05 6.05 3.18 | 6.96 8 | 10
10Y Return % 6.91 6.75 4.25 | 7.85 6 | 10
1Y SIP Return % -23.93 -23.60 -24.32 | -23.33 22 | 23
3Y SIP Return % 3.11 3.57 2.73 | 3.95 21 | 22
5Y SIP Return % 2.42 2.92 2.04 | 3.87 17 | 18
7Y SIP Return % 3.39 3.72 2.20 | 4.31 8 | 10
10Y SIP Return % 4.57 4.70 2.49 | 5.60 8 | 10
Standard Deviation 0.43 0.49 0.43 | 0.56 2 | 22
Semi Deviation 0.35 0.39 0.34 | 0.43 3 | 22
Max Drawdown % 0.00 0.00 -0.01 | 0.00 20 | 22
Average Drawdown % 0.00 0.00 -0.01 | 0.00 20 | 22
Sharpe Ratio -2.61 -1.86 -3.92 | -0.80 19 | 22
Sterling Ratio 0.56 0.58 0.50 | 0.64 17 | 22
Sortino Ratio -0.61 -0.48 -0.76 | -0.25 19 | 22
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.02 ₹ 10,002.00 0.02 ₹ 10,002.00
1W 0.12 ₹ 10,012.00 0.13 ₹ 10,013.00
1M 0.51 ₹ 10,051.00 0.55 ₹ 10,055.00
3M 1.68 ₹ 10,168.00 1.81 ₹ 10,181.00
6M 3.25 ₹ 10,325.00 3.51 ₹ 10,351.00
1Y 6.58 ₹ 10,658.00 7.09 ₹ 10,709.00
3Y 5.64 ₹ 11,789.00 6.02 ₹ 11,917.00
5Y 5.04 ₹ 12,785.00 5.36 ₹ 12,982.00
7Y 5.76 ₹ 14,802.00 6.05 ₹ 15,091.00
10Y 6.64 ₹ 19,014.00 6.91 ₹ 19,510.00
15Y 7.07 ₹ 27,851.00 ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -24.31 ₹ 10,347.65 -23.93 ₹ 10,375.32
3Y ₹ 36000 2.65 ₹ 37,492.92 3.11 ₹ 37,755.07
5Y ₹ 60000 2.05 ₹ 63,204.54 2.42 ₹ 63,807.12
7Y ₹ 84000 3.05 ₹ 93,601.87 3.39 ₹ 94,747.30
10Y ₹ 120000 4.26 ₹ 149,186.88 4.57 ₹ 151,586.76
15Y ₹ 180000 5.73 ₹ 282,066.84 ₹


Date Bank Of India Ultra Short Duration Fund NAV Regular Growth Bank Of India Ultra Short Duration Fund NAV Direct Growth
19-11-2024 3032.2787 3127.8293
18-11-2024 3031.6878 3127.168
14-11-2024 3029.4917 3124.7281
13-11-2024 3029.2018 3124.3854
12-11-2024 3028.608 3123.7292
11-11-2024 3028.115 3123.177
08-11-2024 3026.5784 3121.4573
07-11-2024 3026.0507 3120.8694
06-11-2024 3025.4024 3120.1574
05-11-2024 3024.8965 3119.592
04-11-2024 3024.3138 3118.9451
31-10-2024 3022.1256 3116.5141
30-10-2024 3021.4295 3115.7526
29-10-2024 3020.945 3115.2093
28-10-2024 3020.445 3114.6502
25-10-2024 3018.9891 3113.0177
24-10-2024 3018.3194 3112.2835
23-10-2024 3017.804 3111.7086
22-10-2024 3017.475 3111.3252
21-10-2024 3016.8892 3110.6777

Fund Launch Date: 09/Jul/2008
Fund Category: Ultra Short Duration Fund
Investment Objective: The Scheme seeks to deliver reasonable market related returns with lower risk and higherliquidity through portfolio of debt and money market instruments. The Scheme is notproviding any assured or guaranteed returns.Further there is no assurance that the investment objectives of the Scheme will be realized
Fund Description: An open ended ultra-short term debt scheme investing in instruments with Macaulayduration of the portfolio between 3 months and 6 months
Fund Benchmark: CRISIL Liquid Fund Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.