Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan
Debt
Direct
Ultra Short Duration
NAV: ₹ 1011.9 as on 27-03-2023
Fund Performance
Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan Performance as on (27-Mar-23)
About the Fund
Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Mithraem Bharucha. This fund is suitable to keep your money safe.
Key parameters
1) Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan has a NAV of ₹1011.928 as on 27-03-2023.
2) Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan has ₹112 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.
3) The fund has an expense ratio 0.36 %.
Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan Overview
 | 0.36% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹112 Cr |
 | 1 January, 2013 |
 | ₹0/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 265.71% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
95.4%
AA
4.6%
Sector Allocation
Cash Equivalent
40.7%
Government
32.5%
Corporate
26.8%
Top Holdings of Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan as on (28-Feb-23)
Debt Holdings18
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Indian Railway Finance Corporation Limited | 9.2% | 0% | |
National Bank For Agriculture And Rural Development | 9.19% | 0% | |
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 9.01% | 0% | |
State Bank Of India | 8.86% | 0% | |
LIC Housing Finance Limited | 7.74% | 0% |
See all
Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.47% whereas the fund’s underlying benchmark Ultra Short Duration Index returns stands at 0.42% as on Feb'23
- This fund outperformed Ultra Short Duration Index by 0.06% in Feb'23
AUM Change
- AUM of the fund stands at 118.1 Cr as of Feb'23
- AUM decreased by 20.1 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Power Grid Corporation Of India Limited's allocation increased from 0% to 7.74%
Indian Railway Finance Corporation Limited's allocation increased from 8.5% to 9.2%
National Bank For Agriculture And Rural Development's allocation increased from 8.5% to 9.19%
Cash allocation has gone up from 44.6% to 62.1%
Debt allocation has gone down from 55.4% to 37.9%
Top 2 Sectors in February were Government, Corporate
Feb'23
Government
32%
Corporate
27%
Jan'23
Government
41%
Corporate
30%
Peer Analysis
Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan Fund Manager
Mithraem Bharucha
Fund Manager of Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan, since 17 August 2021
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.63% since inception which is less than its category average return of 7.07%
AUM size ₹112 Cr
This fund has AUM of ₹112 Cr which is less than its category average of ₹ 2811 Cr
Expense Ratio 0.36%
This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 0.62%
Frequently Asked Questions
The current NAV of Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan is 1011.93 as on 27-Mar-2023.
Existing (Absolute + CAGR)
Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan | Absolute Returns | CAGR Returns |
1 Month Returns | 0.51% | 0.51% |
6 Month Returns | 3.22% | 3.22% |
1 Year Returns | 5.23% | 5.23% |
3 Years Returns | 13.62% | 4.35% |
5 Years Returns | 26.15% | 4.76% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.36 as on February 2023
112 Cr as on February 2023
Yield to Maturity is 7.39 as on February 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.26 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 95.39 |
AA | 4.61 |
Mithraem Bharucha is the fund manager of Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan
The Exit load of Bank of India Ultra Short Duration Fund Direct Plan Daily Transfer of Income Dist cum Cap Wdrl plan is 0%