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: 20-12-2024
NAV ₹3047.37(R) +0.02% ₹3144.76(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.64% 5.72% 5.05% 5.76% 6.62%
LumpSum (D) 7.15% 6.11% 5.38% 6.06% 6.89%
SIP (R) -38.42% 0.87% 3.69% 4.64% 5.56%
SIP (D) -38.07% 1.34% 4.09% 4.99% 5.87%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-2.57 -0.61 0.57 -% -
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
Baroda BNP Paribas Ultra Short Duration Fund 2
Mirae Asset Ultra Short Duration Fund 3
Icici Prudential Ultra Short Term Fund 4
Bandhan Ultra Short Term Fund 5

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Daily IDCW 1007.45
0.0000
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Weekly IDCW 1007.51
0.1900
0.0200%
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Weekly IDCW 1008.01
0.1700
0.0200%
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 3047.37
0.5300
0.0200%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan-Bonus 3129.57
0.5900
0.0200%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Growth 3144.76
0.5900
0.0200%

Review Date: 20-12-2024

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 6.64% in 1 year, 5.72% in 3 years, 5.05% in 5 years and 6.62% in 10 years. The category average for the same periods is 7.1%, 6.0%, 5.38% and 6.26% 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 0.48 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 ₹10715.0 in 1 year, ₹11946.0 in 3 years and ₹12996.0 in 5 years as of today (20-12-2024).
  2. An SIP of ₹1,000 per month in Bank of India Ultra Short Duration Fund direct growth option would have grown to ₹9347.0 in 1 year, ₹36750.0 in 3 years and ₹66550.0 in 5 years as of today (20-12-2024).
  3. Sharpe ratio of the fund is -2.57 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 % 0.47
0.49
0.43 | 0.61 19 | 23 Poor
3M Return % 1.61
1.69
1.37 | 1.96 20 | 23 Poor
6M Return % 3.25
3.41
2.91 | 3.81 20 | 23 Poor
1Y Return % 6.64
7.10
6.03 | 7.83 20 | 23 Poor
3Y Return % 5.72
6.00
5.10 | 6.55 17 | 22 Average
5Y Return % 5.05
5.38
4.41 | 6.22 14 | 19 Average
7Y Return % 5.76
5.61
2.78 | 6.65 6 | 10 Good
10Y Return % 6.62
6.26
3.79 | 7.20 4 | 10 Good
15Y Return % 7.08
20.62
6.61 | 45.73 5 | 7 Average
1Y SIP Return % -38.42
-38.17
-38.85 | -37.65 20 | 23 Poor
3Y SIP Return % 0.87
1.28
0.30 | 1.88 19 | 22 Poor
5Y SIP Return % 3.69
4.05
3.06 | 4.71 16 | 19 Poor
7Y SIP Return % 4.64
4.81
3.30 | 5.64 7 | 10 Average
10Y SIP Return % 5.56
5.45
3.32 | 6.37 7 | 10 Average
15Y SIP Return % 6.55
18.12
6.02 | 42.47 5 | 7 Average
Standard Deviation 0.43
0.48
0.42 | 0.54 4 | 22 Very Good
Semi Deviation 0.35
0.39
0.34 | 0.42 4 | 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 -2.57
-1.80
-3.93 | -0.71 19 | 22 Poor
Sterling Ratio 0.57
0.59
0.50 | 0.64 17 | 22 Average
Sortino Ratio -0.61
-0.46
-0.76 | -0.23 19 | 22 Poor
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.51 0.54 0.48 | 0.62 21 | 23
3M Return % 1.74 1.82 1.57 | 2.02 22 | 23
6M Return % 3.52 3.69 3.25 | 3.92 22 | 23
1Y Return % 7.15 7.65 6.64 | 8.06 22 | 23
3Y Return % 6.11 6.51 5.71 | 6.97 20 | 22
5Y Return % 5.38 5.88 4.93 | 7.06 17 | 19
7Y Return % 6.06 6.07 3.19 | 7.01 8 | 10
10Y Return % 6.89 6.73 4.23 | 7.82 6 | 10
1Y SIP Return % -38.07 -37.81 -38.43 | -37.51 22 | 23
3Y SIP Return % 1.34 1.81 0.95 | 2.18 21 | 22
5Y SIP Return % 4.09 4.58 3.69 | 5.57 18 | 19
7Y SIP Return % 4.99 5.30 3.83 | 5.93 8 | 10
10Y SIP Return % 5.87 5.93 3.80 | 6.79 8 | 10
Standard Deviation 0.43 0.48 0.42 | 0.54 4 | 22
Semi Deviation 0.35 0.39 0.34 | 0.42 4 | 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 -2.57 -1.80 -3.93 | -0.71 19 | 22
Sterling Ratio 0.57 0.59 0.50 | 0.64 17 | 22
Sortino Ratio -0.61 -0.46 -0.76 | -0.23 19 | 22
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 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 0.11 ₹ 10,011.00 0.12 ₹ 10,012.00
1M 0.47 ₹ 10,047.00 0.51 ₹ 10,051.00
3M 1.61 ₹ 10,161.00 1.74 ₹ 10,174.00
6M 3.25 ₹ 10,325.00 3.52 ₹ 10,352.00
1Y 6.64 ₹ 10,664.00 7.15 ₹ 10,715.00
3Y 5.72 ₹ 11,815.00 6.11 ₹ 11,946.00
5Y 5.05 ₹ 12,795.00 5.38 ₹ 12,996.00
7Y 5.76 ₹ 14,801.00 6.06 ₹ 15,094.00
10Y 6.62 ₹ 18,976.00 6.89 ₹ 19,474.00
15Y 7.08 ₹ 27,898.00 ₹

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 -38.42 ₹ 9,320.38 -38.07 ₹ 9,346.54
3Y ₹ 36000 0.87 ₹ 36,484.63 1.34 ₹ 36,750.24
5Y ₹ 60000 3.69 ₹ 65,889.90 4.09 ₹ 66,549.66
7Y ₹ 84000 4.64 ₹ 99,056.58 4.99 ₹ 100,319.27
10Y ₹ 120000 5.56 ₹ 159,578.28 5.87 ₹ 162,223.80
15Y ₹ 180000 6.55 ₹ 301,728.60 ₹


Date Bank Of India Ultra Short Duration Fund NAV Regular Growth Bank Of India Ultra Short Duration Fund NAV Direct Growth
20-12-2024 3047.3698 3144.7565
19-12-2024 3046.8425 3144.1684
18-12-2024 3046.6073 3143.8817
17-12-2024 3046.1774 3143.4
16-12-2024 3045.6918 3142.8548
13-12-2024 3043.876 3140.8493
12-12-2024 3043.9057 3140.8375
11-12-2024 3043.9887 3140.8791
10-12-2024 3043.5505 3140.3831
09-12-2024 3043.0271 3139.7991
06-12-2024 3041.6411 3138.2362
05-12-2024 3040.8826 3137.4096
04-12-2024 3040.0057 3136.461
03-12-2024 3039.4287 3135.8219
02-12-2024 3038.7637 3135.0919
29-11-2024 3036.9499 3133.0891
28-11-2024 3036.5422 3132.6247
27-11-2024 3036.1671 3132.1936
26-11-2024 3035.792 3131.7629
25-11-2024 3035.2651 3131.1755
22-11-2024 3033.7391 3129.468
21-11-2024 3033.1916 3128.8593

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.