How to Invest in Bank of India Ultra Short Duration Fund Direct Bonus?

You can easily invest in Bank of India Ultra Short Duration Fund Direct Bonus in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Bank of India Ultra Short Duration Fund Direct Bonus from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Bank of India Ultra Short Duration Fund Direct Bonus as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Bank of India Ultra Short Duration Fund Direct Bonus provide?

The Bank of India Ultra Short Duration Fund Direct Bonus has been there from 30 Jun 2014 and the average annual returns provided by this fund is 6.75% since its inception.

How much expense ratio is charged by Bank of India Ultra Short Duration Fund Direct Bonus?

The term Expense Ratio used for Bank of India Ultra Short Duration Fund Direct Bonus or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Bank of India Ultra Short Duration Fund Direct Bonus is 0.75% as of 04 Dec 2023...

What is the AUM of Bank of India Ultra Short Duration Fund Direct Bonus?

The AUM, short for Assets Under Management of Bank of India Ultra Short Duration Fund Direct Bonus is ₹135.72Cr as of 04 Dec 2023.

How to Redeem Bank of India Ultra Short Duration Fund Direct Bonus?

If you want to sell your Bank of India Ultra Short Duration Fund Direct Bonus holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

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

The NAV of Bank of India Ultra Short Duration Fund Direct Bonus is ₹2,911.41 as of 01 Dec 2023.

What is the PE and PB ratio of Bank of India Ultra Short Duration Fund Direct Bonus?

The PE ratio ratio of Bank of India Ultra Short Duration Fund Direct Bonus is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Bank of India Ultra Short Duration Fund Direct Bonus - NAV, Mutual Fund Performance & Portfolio

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Bank of India Ultra Short Duration Fund Direct Bonus
Debt
Ultra Short Duration
Low to Moderate Risk
77%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹2,911.41
Min. SIP amountNot Supported
Rating1
Fund size₹135.72Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.8%4.8%5.6%7.3%
Category average6.6%4.8%5.4%NA
Rank with in category222115NA
Understand terms
Holdings (15)NameSectorInstrumentAssets
REC Ltd.
FinancialDebenture10.3%
Small Industries Devp. Bank of India Ltd.
FinancialCP8.7%
State Bank of India
FinancialCD8.6%
HDFC Bank Ltd.
FinancialCP8.5%
Axis Bank Ltd.
FinancialCD8.3%
LIC Housing Finance Ltd.
FinancialNCD8.1%
Power Grid Corporation Of India Ltd.
EnergyDebenture7.4%
National Bank For Agriculture & Rural Development
FinancialDebenture7.3%
Reserve Bank of India
FinancialT-Bills7.2%
Cholamandalam Investment and Finance Company Ltd.
FinancialDebenture6.6%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
Nov 2023 - Present
75%
Nov 2023 - 23 Nov 2023
75%
Nov 2023 - 22 Nov 2023
75%
Nov 2023 - 21 Nov 2023
75%
Nov 2023 - 20 Nov 2023
75%
Nov 2023 - 19 Nov 2023
75%
Nov 2023 - 18 Nov 2023
75%
Nov 2023 - 17 Nov 2023
75%
Nov 2023 - 16 Nov 2023
75%
Nov 2023 - 15 Nov 2023
75%
Nov 2023 - 14 Nov 2023
75%
Nov 2023 - 13 Nov 2023
75%
Nov 2023 - 12 Nov 2023
75%
Nov 2023 - 11 Nov 2023
75%
Nov 2023 - 10 Nov 2023
75%
Nov 2023 - 09 Nov 2023
75%
Nov 2023 - 08 Nov 2023
75%
Nov 2023 - 07 Nov 2023
75%
Nov 2023 - 06 Nov 2023
75%
Nov 2023 - 05 Nov 2023
75%
Nov 2023 - 04 Nov 2023
75%
Nov 2023 - 03 Nov 2023
75%
Nov 2023 - 02 Nov 2023
75%
Oct 2023 - 01 Nov 2023
75%
Oct 2023 - 31 Oct 2023
75%
Oct 2023 - 30 Oct 2023
75%
Oct 2023 - 29 Oct 2023
75%
Oct 2023 - 28 Oct 2023
75%
Oct 2023 - 27 Oct 2023
75%
Oct 2023 - 26 Oct 2023
75%
Oct 2023 - 25 Oct 2023
75%
Oct 2023 - 24 Oct 2023
75%
Oct 2023 - 23 Oct 2023
75%
Oct 2023 - 22 Oct 2023
75%
Oct 2023 - 21 Oct 2023
75%
Oct 2023 - 20 Oct 2023
75%
Oct 2023 - 19 Oct 2023
75%
Oct 2023 - 18 Oct 2023
75%
Oct 2023 - 17 Oct 2023
75%
Oct 2023 - 16 Oct 2023
75%
Oct 2023 - 15 Oct 2023
75%
Oct 2023 - 14 Oct 2023
75%
Oct 2023 - 13 Oct 2023
75%
Oct 2023 - 12 Oct 2023
75%
Oct 2023 - 11 Oct 2023
75%
Oct 2023 - 10 Oct 2023
75%
Oct 2023 - 09 Oct 2023
75%
Oct 2023 - 08 Oct 2023
75%
Oct 2023 - 07 Oct 2023
75%
Oct 2023 - 06 Oct 2023
75%
Oct 2023 - 05 Oct 2023
75%
Oct 2023 - 04 Oct 2023
75%
Oct 2023 - 03 Oct 2023
75%
Oct 2023 - 02 Oct 2023
75%
Sep 2023 - 01 Oct 2023
75%
Sep 2023 - 30 Sep 2023
75%
Sep 2023 - 29 Sep 2023
75%
Sep 2023 - 28 Sep 2023
75%
Sep 2023 - 27 Sep 2023
75%
Sep 2023 - 26 Sep 2023
75%
Sep 2023 - 25 Sep 2023
75%
Sep 2023 - 24 Sep 2023
75%
Sep 2023 - 23 Sep 2023
75%
Sep 2023 - 22 Sep 2023
90%
Sep 2023 - 21 Sep 2023
90%
Sep 2023 - 20 Sep 2023
90%
Sep 2023 - 19 Sep 2023
90%
Sep 2023 - 18 Sep 2023
90%
Sep 2023 - 17 Sep 2023
90%
Sep 2023 - 16 Sep 2023
90%
Sep 2023 - 15 Sep 2023
90%
Sep 2023 - 14 Sep 2023
90%
Sep 2023 - 13 Sep 2023
90%
Sep 2023 - 12 Sep 2023
90%
Sep 2023 - 11 Sep 2023
90%
Sep 2023 - 10 Sep 2023
90%
Sep 2023 - 09 Sep 2023
90%
Sep 2023 - 08 Sep 2023
90%
Sep 2023 - 07 Sep 2023
90%
Sep 2023 - 06 Sep 2023
90%
Sep 2023 - 05 Sep 2023
90%
Sep 2023 - 04 Sep 2023
90%
Sep 2023 - 03 Sep 2023
90%
Sep 2023 - 02 Sep 2023
90%
Aug 2023 - 01 Sep 2023
90%
Jul 2023 - 31 Aug 2023
90%
Jun 2023 - 31 Jul 2023
89%
May 2023 - 30 Jun 2023
89%
Apr 2023 - 31 May 2023
90%
Mar 2023 - 30 Apr 2023
13%
Feb 2023 - 31 Mar 2023
36%
Jan 2023 - 28 Feb 2023
33%
Dec 2022 - 31 Jan 2023
33%
Dec 2022 - 31 Dec 2022
33%
Dec 2022 - 31 Dec 2022
33%
Nov 2022 - 31 Dec 2022
33%
Nov 2022 - 30 Nov 2022
33%
Nov 2022 - 30 Nov 2022
33%
Oct 2022 - 30 Nov 2022
24%
Oct 2022 - 31 Oct 2022
24%
Oct 2022 - 31 Oct 2022
24%
Oct 2022 - 31 Oct 2022
24%
Sep 2022 - 31 Oct 2022
24%
Sep 2022 - 30 Sep 2022
24%
Sep 2022 - 30 Sep 2022
24%
Aug 2022 - 30 Sep 2022
25%
Aug 2022 - 31 Aug 2022
25%
Jul 2022 - 31 Aug 2022
46%
Jul 2022 - 31 Jul 2022
46%
Jul 2022 - 31 Jul 2022
46%
Jun 2022 - 31 Jul 2022
45%
Jun 2022 - 30 Jun 2022
45%
May 2022 - 30 Jun 2022
45%
May 2022 - 31 May 2022
45%
Apr 2022 - 31 May 2022
45%
Apr 2022 - 30 Apr 2022
45%
Mar 2022 - 30 Apr 2022
56%
Mar 2022 - 31 Mar 2022
56%
Feb 2022 - 31 Mar 2022
56%
Feb 2022 - 28 Feb 2022
56%
Jan 2022 - 28 Feb 2022
44%
Dec 2021 - 31 Jan 2022
45%
Nov 2021 - 31 Dec 2021
45%
Oct 2021 - 30 Nov 2021
44%
Sep 2021 - 31 Oct 2021
38%
Aug 2021 - 30 Sep 2021
38%
Jul 2021 - 31 Aug 2021
38%
Jun 2021 - 31 Jul 2021
38%
May 2021 - 30 Jun 2021
38%
Apr 2021 - 31 May 2021
33%
Mar 2021 - 30 Apr 2021
31%
Feb 2021 - 31 Mar 2021
33%
Jan 2021 - 28 Feb 2021
33%
Dec 2020 - 31 Jan 2021
33%
Nov 2020 - 31 Dec 2020
33%
Oct 2020 - 30 Nov 2020
33%
Sep 2020 - 31 Oct 2020
31%
Aug 2020 - 30 Sep 2020
33%
Jul 2020 - 31 Aug 2020
33%
Jun 2020 - 31 Jul 2020
33%
May 2020 - 30 Jun 2020
33%
Apr 2020 - 31 May 2020
33%
Mar 2020 - 30 Apr 2020
33%
Feb 2020 - 31 Mar 2020
33%
Jan 2020 - 29 Feb 2020
33%
Dec 2019 - 31 Jan 2020
33%
Nov 2019 - 31 Dec 2019
33%
Oct 2019 - 30 Nov 2019
33%
Sep 2019 - 31 Oct 2019
33%
Aug 2019 - 30 Sep 2019
33%
Jul 2019 - 31 Aug 2019
33%
Jun 2019 - 31 Jul 2019
33%
May 2019 - 30 Jun 2019
34%
Apr 2019 - 31 May 2019
34%
Mar 2019 - 30 Apr 2019
24%
Feb 2019 - 31 Mar 2019
24%
Jan 2019 - 28 Feb 2019
24%
Dec 2018 - 31 Jan 2019
29%
Nov 2018 - 31 Dec 2018
32%
Oct 2018 - 30 Nov 2018
33%
Sep 2018 - 31 Oct 2018
53%
Aug 2018 - 30 Sep 2018
55%
Jul 2018 - 31 Aug 2018
56%
Jun 2018 - 31 Jul 2018
45%
May 2018 - 30 Jun 2018
45%
Apr 2018 - 31 May 2018
45%
Mar 2018 - 30 Apr 2018
46%
Feb 2018 - 31 Mar 2018
46%
Jan 2018 - 28 Feb 2018
46%
Dec 2017 - 31 Jan 2018
50%
Nov 2017 - 31 Dec 2017
48%
Oct 2017 - 30 Nov 2017
48%
Expense ratio, exit load and taxExpense ratio: 0.75%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementMithraem Bharucha
Aug 2021 - Present
View details
Education
Mr. Bharucha is a BMS and MBA
Experience
Prior to joining BOI AXA Investment Managers Private Limited, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.
Also manages these schemes
Bank of India Liquid Fund Direct Growth
Bank of India Ultra Short Duration Fund Direct Growth
Bank of India Short Term Income Fund Direct Growth
Bank of India Ultra Short Duration Fund Direct Bonus
Bank of India Balanced Advantage Fund Direct Growth
Bank of India Overnight Fund Direct Growth
Fund house & investment objective
BOI AXA Mutual Fund
Rank (total assets)#31 in India
Total AUM₹2,797.53Cr
Date of Incorporation31 Mar 2008
 Bank of India Ultra Short Duration Fund Direct Bonus is a Debt Mutual Fund Scheme launched by Bank of India Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Piyush Baranwal is the Current Fund Manager of Bank of India Ultra Short Duration Fund Direct Bonus fund. The fund currently has an Asset Under Management(AUM) of ₹2,798 Cr and the Latest NAV as of 01 Dec 2023 is ₹2,911.41.
The Bank of India Ultra Short Duration Fund Direct Bonus is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500.
;
Investment ObjectiveThe 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.
;
Fund benchmarkCRISIL Ultra Short Duration Fund BI Index
Scheme Information Document(SID)
Fund house contact details
Address
B/204-Tower 1,Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
Mar 2008
E-mail
[email protected]
Website
www.boiaxamf.com
BOI AXA Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Bank of India Ultra Short Duration Fund Direct Bonus
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	6.8%	4.8%	5.6%	7.3%
Category average	6.6%	4.8%	5.4%	NA
Rank with in category	22	21	15	NA

Name	Sector	Instrument	Assets
REC Ltd.	Financial	Debenture	10.3%
Small Industries Devp. Bank of India Ltd.	Financial	CP	8.7%
State Bank of India	Financial	CD	8.6%
HDFC Bank Ltd.	Financial	CP	8.5%
Axis Bank Ltd.	Financial	CD	8.3%
LIC Housing Finance Ltd.	Financial	NCD	8.1%
Power Grid Corporation Of India Ltd.	Energy	Debenture	7.4%
National Bank For Agriculture & Rural Development	Financial	Debenture	7.3%
Reserve Bank of India	Financial	T-Bills	7.2%
Cholamandalam Investment and Finance Company Ltd.	Financial	Debenture	6.6%

Rank (total assets)	#31 in India
Total AUM	₹2,797.53Cr

Date of Incorporation	31 Mar 2008

Fund benchmark	CRISIL Ultra Short Duration Fund BI Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	1
Fund size	₹135.72Cr

Bank of India Ultra Short Duration Fund Direct Bonus

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (15)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.75%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Mithraem BharuchaAug 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Mithraem Bharucha
Aug 2021 - Present
View details