Previously Known As : Boi Axa Treasury Advantage Fund
Bank Of India Ultra Short Duration Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 20
Rating
Growth Option 04-12-2025
NAV ₹3238.57(R) +0.02% ₹3358.4(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.53% 6.48% 5.33% 5.65% 6.41%
Direct 7.08% 6.99% 5.71% 6.0% 6.71%
Benchmark
SIP (XIRR) Regular 6.15% 6.48% 5.32% 5.35% 5.75%
Direct 6.71% 7.0% 5.78% 5.76% 6.1%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
3.21 3.54 0.65 5.67% 0.15
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.24% 0.0% 0.0% 0.05 0.15%
Fund AUM As on: 30/06/2025 209 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
Hdfc Ultra Short Term Fund 5

NAV Date: 04-12-2025

Scheme Name NAV Rupee Change Percent Change
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Weekly IDCW 1007.29
0.2200
0.0200%
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Daily IDCW 1007.45
0.0000
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Weekly IDCW 1007.8
0.1900
0.0200%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Daily IDCW 1011.93
0.0000
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Growth 3238.57
0.6200
0.0200%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan-Bonus 3342.34
0.7400
0.0200%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Growth 3358.4
0.7400
0.0200%

Review Date: 04-12-2025

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 1 star rating shows a very poor past performance of the Bank of India Ultra Short Duration Fund in Ultra Short Duration Fund. The fund has a Jensen Alpha of 5.67% which is lower than the category average of 5.9%, showing poor performance. The fund has a Sharpe Ratio of 3.21 which is lower than the category average of 4.33.
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 0.48%, 1.51 and 3.06 in last one, three and six months respectively. In the same period the category average return was 0.5%, 1.56% and 3.19% respectively.
  • Bank of India Ultra Short Duration Fund has given a return of 7.08% in last one year. In the same period the Ultra Short Duration Fund category average return was 7.33%.
  • The fund has given a return of 6.99% 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 7.39%.
  • The fund has given a return of 5.71% 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 6.16%.
  • The fund has given a return of 6.71% in last ten years and ranked 6th out of ten funds in the category. In the same period the category average return was 6.58%.
  • The fund has given a SIP return of 6.71% in last one year whereas category average SIP return is 6.97%. The fund one year return rank in the category is 21st in 23 funds
  • The fund has SIP return of 7.0% in last three years and ranks 22nd in 23 funds. Aditya Birla Sun Life Savings Fund has given the highest SIP return (7.78%) in the category in last three years.
  • The fund has SIP return of 5.78% in last five years whereas category average SIP return is 6.17%.

Bank of India Ultra Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.24 and semi deviation of 0.15. The category average standard deviation is 0.25 and semi deviation is 0.15.
  • 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 % 0.44
    0.45
    		0.38 | 0.52 16 | 23 Average
    3M Return % 1.38
    1.43
    		1.21 | 1.62 16 | 23 Average
    6M Return % 2.80
    2.91
    		2.47 | 3.30 17 | 23 Average
    1Y Return % 6.53
    6.77
    		5.48 | 7.59 18 | 23 Average
    3Y Return % 6.48
    6.83
    		5.76 | 7.50 19 | 23 Poor
    5Y Return % 5.33
    5.67
    		4.61 | 6.59 18 | 21 Average
    7Y Return % 5.65
    5.79
    		3.62 | 6.69 11 | 15 Average
    10Y Return % 6.41
    6.11
    		3.68 | 7.06 6 | 10 Good
    15Y Return % 7.19
    7.19
    		6.74 | 7.84 4 | 7 Good
    1Y SIP Return % 6.15
    6.40
    		5.28 | 7.23 17 | 23 Average
    3Y SIP Return % 6.48
    6.81
    		5.69 | 7.55 20 | 23 Poor
    5Y SIP Return % 5.32
    5.67
    		4.59 | 6.26 18 | 21 Average
    7Y SIP Return % 5.35
    5.70
    		4.58 | 6.34 13 | 15 Poor
    10Y SIP Return % 5.75
    5.76
    		3.91 | 6.62 7 | 10 Average
    15Y SIP Return % 6.33
    6.38
    		5.89 | 7.04 4 | 7 Good
    Standard Deviation 0.24
    0.25
    		0.18 | 0.30 7 | 23 Good
    Semi Deviation 0.15
    0.15
    		0.13 | 0.17 5 | 23 Very Good
    Sharpe Ratio 3.21
    4.33
    		0.29 | 6.45 19 | 23 Poor
    Sterling Ratio 0.65
    0.69
    		0.58 | 0.75 19 | 23 Poor
    Sortino Ratio 3.54
    10.43
    		0.12 | 33.89 19 | 23 Poor
    Jensen Alpha % 5.67
    5.90
    		4.88 | 6.40 19 | 23 Poor
    Treynor Ratio 0.15
    0.17
    		0.01 | 0.24 17 | 23 Average
    Modigliani Square Measure % 20.35
    20.71
    		17.51 | 22.96 15 | 23 Average
    Alpha % -1.72
    -1.40
    		-2.40 | -0.76 19 | 23 Poor
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

    Rotate the phone! Best viewed in landscape mode on mobile.
    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.48 0.50 0.46 | 0.54 18 | 23 Average
    3M Return % 1.51 1.56 1.41 | 1.69 19 | 23 Poor
    6M Return % 3.06 3.19 2.99 | 3.42 21 | 23 Poor
    1Y Return % 7.08 7.33 6.33 | 7.84 20 | 23 Poor
    3Y Return % 6.99 7.39 6.47 | 7.73 22 | 23 Poor
    5Y Return % 5.71 6.16 5.30 | 7.43 20 | 21 Poor
    7Y Return % 6.00 6.27 4.10 | 7.00 13 | 15 Poor
    10Y Return % 6.71 6.58 4.16 | 7.57 6 | 10 Good
    1Y SIP Return % 6.71 6.97 6.24 | 7.48 21 | 23 Poor
    3Y SIP Return % 7.00 7.38 6.46 | 7.78 22 | 23 Poor
    5Y SIP Return % 5.78 6.17 5.29 | 6.76 20 | 21 Poor
    7Y SIP Return % 5.76 6.19 5.22 | 6.81 14 | 15 Poor
    10Y SIP Return % 6.10 6.24 4.45 | 6.94 8 | 10 Average
    Standard Deviation 0.24 0.25 0.18 | 0.30 7 | 23 Good
    Semi Deviation 0.15 0.15 0.13 | 0.17 5 | 23 Very Good
    Sharpe Ratio 3.21 4.33 0.29 | 6.45 19 | 23 Poor
    Sterling Ratio 0.65 0.69 0.58 | 0.75 19 | 23 Poor
    Sortino Ratio 3.54 10.43 0.12 | 33.89 19 | 23 Poor
    Jensen Alpha % 5.67 5.90 4.88 | 6.40 19 | 23 Poor
    Treynor Ratio 0.15 0.17 0.01 | 0.24 17 | 23 Average
    Modigliani Square Measure % 20.35 20.71 17.51 | 22.96 15 | 23 Average
    Alpha % -1.72 -1.40 -2.40 | -0.76 19 | 23 Poor
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 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
    04-12-2025 3238.566 3358.4034
    03-12-2025 3238.346 3358.1283
    02-12-2025 3237.942 3357.6625
    01-12-2025 3237.4669 3357.123
    28-11-2025 3236.2546 3355.7253
    27-11-2025 3235.7858 3355.1924
    26-11-2025 3235.3001 3354.6419
    25-11-2025 3234.7661 3354.0415
    24-11-2025 3234.1419 3353.3474
    21-11-2025 3232.6824 3351.6931
    20-11-2025 3232.2908 3351.2403
    19-11-2025 3231.8936 3350.7818
    18-11-2025 3231.5374 3350.3657
    17-11-2025 3230.9363 3349.6957
    14-11-2025 3229.5087 3348.0754
    13-11-2025 3229.0414 3347.5443
    12-11-2025 3228.378 3346.8098
    11-11-2025 3227.777 3346.1401
    10-11-2025 3227.2248 3345.5209
    07-11-2025 3225.8579 3343.9638
    06-11-2025 3225.3378 3343.3781
    04-11-2025 3224.392 3342.3066

    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.