Previously Known As : Boi Axa Treasury Advantage Fund
Bank Of India Ultra Short Duration Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 19
Rating
Growth Option 27-01-2026
NAV ₹3258.11(R) +0.06% ₹3381.21(D) +0.07%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.22% 6.37% 5.39% 5.55% 6.36%
Direct 6.76% 6.89% 5.78% 5.9% 6.67%
Benchmark
SIP (XIRR) Regular 5.58% 6.27% 5.99% 5.27% 5.67%
Direct 6.11% 6.8% 6.46% 5.68% 6.03%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.84 3.26 0.64 5.48% 0.11
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.25% 0.0% 0.0% 0.06 0.16%
Fund AUM As on: 30/12/2025 179 Cr
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
Icici Prudential Ultra Short Term Fund 3
Baroda BNP Paribas Ultra Short Duration Fund 4
Sbi Magnum Ultra Short Duration Fund 5

NAV Date: 27-01-2026

Scheme Name NAV Rupee Change Percent Change
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Daily IDCW 1005.0
0.0000
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Daily IDCW 1005.0
0.0000
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Weekly IDCW 1006.19
0.6300
0.0600%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Weekly IDCW 1006.31
0.6900
0.0700%
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Growth 3258.11
2.0300
0.0600%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan-Bonus 3365.0
2.2900
0.0700%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Growth 3381.21
2.3000
0.0700%

Review Date: 27-01-2026

Beginning of Analysis

In the Ultra Short Duration Fund category, Bank of India Ultra Short Duration Fund is the 20th ranked fund. The category has total 23 funds. The Bank of India Ultra Short Duration Fund has shown a very poor past performence in Ultra Short Duration Fund. The fund has a Jensen Alpha of 5.48% which is lower than the category average of 5.73%, showing poor performance. The fund has a Sharpe Ratio of 2.84 which is lower than the category average of 3.86.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Ultra Short Duration Mutual Funds are ideal for conservative investors seeking stable returns with minimal interest rate risk. These funds invest in debt and money market instruments with a portfolio duration of 3 to 6 months, making them less sensitive to interest rate changes compared to longer-duration funds. While they offer stable returns with relatively lower risk, they may underperform in a falling interest rate environment. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help optimize risk-adjusted returns.

Bank of India Ultra Short Duration Fund Return Analysis

  • The fund has given a return of 0.33%, 1.31 and 2.75 in last one, three and six months respectively. In the same period the category average return was 0.32%, 1.34% and 2.86% respectively.
  • Bank of India Ultra Short Duration Fund has given a return of 6.76% in last one year. In the same period the Ultra Short Duration Fund category average return was 7.0%.
  • The fund has given a return of 6.89% in last three years and ranked 22.0nd out of 23 funds in the category. In the same period the Ultra Short Duration Fund category average return was 7.3%.
  • The fund has given a return of 5.78% in last five years and ranked 20th out of 21 funds in the category. In the same period the Ultra Short Duration Fund category average return was 6.22%.
  • The fund has given a return of 6.67% in last ten years and ranked 6th out of ten funds in the category. In the same period the category average return was 6.55%.
  • The fund has given a SIP return of 6.11% in last one year whereas category average SIP return is 6.33%. The fund one year return rank in the category is 20th in 23 funds
  • The fund has SIP return of 6.8% in last three years and ranks 22nd in 23 funds. Nippon India Ultra Short Duration Fund has given the highest SIP return (7.5%) in the category in last three years.
  • The fund has SIP return of 6.46% in last five years whereas category average SIP return is 6.83%.

Bank of India Ultra Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.25 and semi deviation of 0.16. The category average standard deviation is 0.27 and semi deviation is 0.18.
  • The fund has a beta of 0.08 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Ultra Short Duration Fund Category
  • Good Performance in Ultra Short Duration Fund Category
  • Poor Performance in Ultra Short Duration Fund Category
  • Very Poor Performance in Ultra Short Duration Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.29
    0.28
    		0.21 | 0.33 12 | 23 Good
    3M Return % 1.18
    1.20
    		1.02 | 1.32 16 | 23 Average
    6M Return % 2.49
    2.57
    		2.19 | 2.80 16 | 23 Average
    1Y Return % 6.22
    6.43
    		5.24 | 7.14 17 | 23 Average
    3Y Return % 6.37
    6.74
    		5.70 | 7.39 19 | 23 Poor
    5Y Return % 5.39
    5.72
    		4.66 | 6.63 18 | 21 Average
    7Y Return % 5.55
    5.77
    		4.77 | 6.57 12 | 16 Average
    10Y Return % 6.36
    6.07
    		3.65 | 7.02 6 | 10 Good
    15Y Return % 7.16
    7.14
    		6.70 | 7.80 4 | 8 Good
    1Y SIP Return % 5.58
    5.75
    		4.83 | 6.36 17 | 23 Average
    3Y SIP Return % 6.27
    6.58
    		5.51 | 7.25 20 | 23 Poor
    5Y SIP Return % 5.99
    6.33
    		5.26 | 6.89 17 | 21 Average
    7Y SIP Return % 5.27
    5.59
    		4.55 | 6.20 14 | 16 Poor
    10Y SIP Return % 5.67
    5.69
    		3.91 | 6.53 7 | 10 Average
    15Y SIP Return % 6.47
    6.47
    		5.94 | 7.17 5 | 8 Average
    Standard Deviation 0.25
    0.27
    		0.20 | 0.43 3 | 23 Very Good
    Semi Deviation 0.16
    0.18
    		0.15 | 0.34 2 | 23 Very Good
    Sharpe Ratio 2.84
    3.86
    		0.26 | 5.88 18 | 23 Average
    Sterling Ratio 0.64
    0.68
    		0.57 | 0.74 19 | 23 Poor
    Sortino Ratio 3.26
    10.26
    		0.11 | 39.06 18 | 23 Average
    Jensen Alpha % 5.48
    5.73
    		4.77 | 6.24 19 | 23 Poor
    Treynor Ratio 0.11
    0.13
    		0.01 | 0.20 19 | 23 Poor
    Modigliani Square Measure % 19.15
    19.25
    		16.45 | 21.45 15 | 23 Average
    Alpha % -1.75
    -1.40
    		-2.37 | -0.75 19 | 23 Poor
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.33 0.32 0.26 | 0.38 12 | 23 Good
    3M Return % 1.31 1.34 1.23 | 1.46 17 | 23 Average
    6M Return % 2.75 2.86 2.64 | 3.07 21 | 23 Poor
    1Y Return % 6.76 7.00 6.13 | 7.39 21 | 23 Poor
    3Y Return % 6.89 7.30 6.43 | 7.65 22 | 23 Poor
    5Y Return % 5.78 6.22 5.35 | 7.46 20 | 21 Poor
    7Y Return % 5.90 6.27 5.27 | 6.88 14 | 16 Poor
    10Y Return % 6.67 6.55 4.13 | 7.52 6 | 10 Good
    1Y SIP Return % 6.11 6.33 5.77 | 6.74 20 | 23 Poor
    3Y SIP Return % 6.80 7.14 6.29 | 7.50 22 | 23 Poor
    5Y SIP Return % 6.46 6.83 5.98 | 7.37 20 | 21 Poor
    7Y SIP Return % 5.68 6.10 5.19 | 6.72 15 | 16 Poor
    10Y SIP Return % 6.03 6.17 4.46 | 6.84 8 | 10 Average
    Standard Deviation 0.25 0.27 0.20 | 0.43 3 | 23 Very Good
    Semi Deviation 0.16 0.18 0.15 | 0.34 2 | 23 Very Good
    Sharpe Ratio 2.84 3.86 0.26 | 5.88 18 | 23 Average
    Sterling Ratio 0.64 0.68 0.57 | 0.74 19 | 23 Poor
    Sortino Ratio 3.26 10.26 0.11 | 39.06 18 | 23 Average
    Jensen Alpha % 5.48 5.73 4.77 | 6.24 19 | 23 Poor
    Treynor Ratio 0.11 0.13 0.01 | 0.20 19 | 23 Poor
    Modigliani Square Measure % 19.15 19.25 16.45 | 21.45 15 | 23 Average
    Alpha % -1.75 -1.40 -2.37 | -0.75 19 | 23 Poor
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

    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.


    Date Bank Of India Ultra Short Duration Fund NAV Regular Growth Bank Of India Ultra Short Duration Fund NAV Direct Growth
    27-01-2026 3258.106 3381.2134
    23-01-2026 3256.0726 3378.9145
    22-01-2026 3255.9336 3378.7231
    21-01-2026 3254.851 3377.5525
    20-01-2026 3254.1125 3376.739
    19-01-2026 3254.2527 3376.8374
    16-01-2026 3253.581 3375.999
    14-01-2026 3253.5426 3375.8649
    13-01-2026 3253.4652 3375.7376
    12-01-2026 3253.7836 3376.0207
    09-01-2026 3252.2847 3374.3243
    08-01-2026 3252.2275 3374.2178
    07-01-2026 3252.3914 3374.3407
    06-01-2026 3252.7516 3374.6667
    05-01-2026 3252.2911 3374.1419
    02-01-2026 3251.2453 3372.9155
    01-01-2026 3251.2412 3372.8642
    31-12-2025 3250.72 3372.2767
    30-12-2025 3248.7755 3370.2124
    29-12-2025 3248.8158 3370.2072

    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.