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OmniAsset › Mutual funds › BANK OF INDIA ULTRA SHORT TERM FUND

BANK OF INDIA ULTRA SHORT TERM FUND

Ultra Short Duration fund benchmarked to CRISIL Ultra Short Duration Debt A-I Index. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 20263523.8919
CategoryUltra Short Duration
PlanDirect · Growth
Launched9 Jul 2008
Risk labelthe scheme's own riskometerLow to Moderate
Legal benchmarkSEBI Tier-1CRISIL Ultra Short Duration Debt A-I Index
Expense ratiodirect plan, a year0.45%
AUM₹58.2 Cr
Growth of ₹10,000₹13,5112 Sep 2021 to 2 Sep 2026
₹13,511₹12,633₹11,755₹10,877₹10,000Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹13,511 (+6.2% a year) BANK OF INDIA ULTRA SHORT TERM FUND

Performance (trailing, annualised)

1Y annualised6.55%
3Y annualised6.93%
5Y annualised6.20%
10Y annualised6.51%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,24,3936.83%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,99,6416.90%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,11,4286.75%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 20213.37%
Calendar 20224.56%
Calendar 20236.69%
Calendar 20247.19%
Calendar 20257.00%

Rolling returns

Rolling 1Y · average649 windows since 7 Jan 20147.23%
Rolling 1Y · median7.36%
Rolling 1Y · worst window3.20%
Rolling 1Y · best window10.84%
Rolling 1Y · windows positive100%
Rolling 3Y · average548 windows since 4 Jan 20167.04%
Rolling 3Y · median6.95%
Rolling 3Y · worst window4.29%
Rolling 3Y · best window9.81%
Rolling 3Y · windows positive100%
Rolling 5Y · average445 windows since 9 Jan 20186.83%
Rolling 5Y · median6.15%
Rolling 5Y · worst window5.34%
Rolling 5Y · best window9.12%
Rolling 5Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)0.38%
Downside deviation (3Y)0.06%
Maximum drawdown-0.07%

Management

Fund managerMr.Mithraem Bharucha
Managing since17 Aug 2021

What it holds

SecurityWeight
KOTAK MAHINDRA BANK LIMITED CD 21DEC268.1%
BANK OF BARODA CD 25JAN278.1%
REC LIMITED SR 232 A 7.59 BD 31MY27 FVRS1LAC7.2%
INDIAN BANK CD 04DEC267.0%
MANAPPURAM FINANCE LIMITED 9.10 NCD 19AG26 FVRS1LAC6.6%
National Bank For Agriculture and Rural Development (17/03/2027) ** #6.3%
AU SMALL FINANCE BANK LIMITED CD 18SEP265.9%
AXIS BANK LIMITED CD 16OCT265.9%
HDFC BANK LIMITED CD 19NOV265.8%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 05FEB275.8%
SectorWeight
Financial91.2%
Unspecified0.3%

Portfolio disclosed: 91.5% by weight.

Related

Source: the OmniAsset signed reference snapshot, as of 3 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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