Sharpe ratio
1.51Return earned for the risk taken.
Good
Good risk-adjusted returns. The fund has delivered strong returns for its level of risk.
+6.37%1Y Absolute Return
+0.00%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| BANK OF INDIA Ultra Short Duration Fund- Direct Plan- GrowthFund 5Y annualised return | ₹8,52,967 | ₹7,32,612 | ₹1,20,355 | +6.31% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.07
₹1 Lakh since launch₹1.07 Lakh
Fund age13.9 yrs
Fund information
Scheme code119379
ISININF761K01892
BenchmarkCRISIL Ultra Short Duration Debt A-I Index
CategoryDebt Scheme - Ultra Short Duration Fund
Expense ratio0.45%
Exit loadNil
Minimum SIP₹1,000 SIP
Return comparison
38th / 209 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +5.31% | — | — |
| 3M | +5.65% | — | — |
| 6M | +6.72% | — | — |
| 1Y | +6.37% | — | +2.44% |
| 3Y | +6.88% | — | +2.87% |
| 5Y | +6.31% | — | +2.76% |
| 10Y | +6.43% | — | — |
| Since Launch | +7.25% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
3.41Return earned while limiting downside risk.
Excellent
Excellent downside risk-adjusted returns. The fund has managed downside risk very effectively.
Standard deviation
0.48%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
9.49How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Debt94.43%
Cash5.57%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 21 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| BANK OF BARODA CD 25JAN27 | Financial | Certificate of Deposit | 9.11% |
| INDIAN BANK CD 04DEC26 | Financial | Certificate of Deposit | 7.89% |
| MANAPPURAM FINANCE LIMITED 9.10 NCD 19AG26 FVRS1LAC | Financial | Non Convertible Debenture | 7.45% |
| National Bank For Agriculture and Rural Development (17/03/2027) ** # | Financial | Certificate of Deposit | 7.09% |
| AU SMALL FINANCE BANK LIMITED CD 18SEP26 | Financial | Certificate of Deposit | 6.67% |
| AXIS BANK LIMITED CD 16OCT26 | Financial | Certificate of Deposit | 6.63% |
| HDFC BANK LIMITED CD 19NOV26 | Financial | Certificate of Deposit | 6.59% |
| PUNJAB NATIONAL BANK CD 04FEB27 | Financial | Certificate of Deposit | 6.5% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 05FEB27 | Financial | Certificate of Deposit | 6.49% |
| ADITYA BIRLA HOUSING FINANCE LIMITED 363D CP 09MAR27 | Financial | Commercial Paper | 6.45% |
Fund management
MI
Mithraem Bharucha
Since 2021 · Prior to joining Bank of India Mutual Fund, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.
Mr. Bharucha is a BMS and MBA
Compare similar funds
No comparable category funds are available yet.
Summary
A low to moderate-risk debt scheme - ultra short duration fund. Losses and swings stayed contained — worst fall -0.8%, volatility 0.5%. Top 10 holdings make up 71% — a handful of stocks can swing returns sharply.
Strengths
- Losses and swings stayed contained — worst fall -0.8%, volatility 0.5%.
- Recovered from its worst fall in 0 months.
- Same fund manager for 5+ years — the strategy has not chopped and changed.
- Ranks 38 of 209 in its category over 1 year.
Weaknesses
- Top 10 holdings make up 71% — a handful of stocks can swing returns sharply.
Ideal investor
- Needs a 1–3 years depending on duration horizon to ride out its low to moderate risk level.
Risk drivers
- Top 10 holdings = 71% of the portfolio.
- Financial makes up 94% — trouble in that sector hits the whole fund.