Previously Known As : Boi Axa Treasury Advantage Fund
Bank Of India Ultra Short Duration Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 17
Rating
Growth Option 15-05-2026
NAV ₹3316.79(R) -0.0% ₹3447.11(D) 0.0%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.74% 6.33% 5.55% 5.49% 6.26%
Direct 6.27% 6.83% 5.96% 5.86% 6.57%
Benchmark
SIP (XIRR) Regular 5.61% 4.21% 3.13% 4.3% 5.21%
Direct 6.15% 4.72% 3.59% 4.72% 5.59%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.83 1.01 0.63 0.48% -5.33
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.28% 0.0% 0.0% 0.09 0.2%
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
Sbi Ultra Short Duration Fund 4
Baroda BNP Paribas Ultra Short Duration Fund 5

NAV Date: 15-05-2026

Scheme Name NAV Rupee Change Percent Change
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Weekly IDCW 1004.88
0.0000
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Daily IDCW 1004.88
0.0000
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Daily IDCW 1004.91
0.0100
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Weekly IDCW 1004.94
0.0100
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Growth 3316.79
-0.0100
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan-Bonus 3431.27
0.0400
0.0000%
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Growth 3447.11
0.0300
0.0000%

Review Date: 15-05-2026

Beginning of Analysis

Bank of India Ultra Short Duration Fund is the 20th ranked fund in the Ultra Short Duration Fund category. 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 0.48% which is lower than the category average of 0.75%, showing poor performance. The fund has a Sharpe Ratio of 1.83 which is lower than the category average of 2.64.
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 0.26%, 1.52 and 2.91 in last one, three and six months respectively. In the same period the category average return was 0.3%, 1.47% and 2.9% respectively.
  • Bank of India Ultra Short Duration Fund has given a return of 6.27% in last one year. In the same period the Ultra Short Duration Fund category average return was 6.39%.
  • The fund has given a return of 6.83% in last three years and ranked 22.0nd out of twenty three funds in the category. In the same period the Ultra Short Duration Fund category average return was 7.2%.
  • The fund has given a return of 5.96% in last five years and ranked 21st out of twenty two funds in the category. In the same period the Ultra Short Duration Fund category average return was 6.35%.
  • The fund has given a return of 6.57% in last ten years and ranked 7th out of ten funds in the category. In the same period the category average return was 6.45%.
  • The fund has given a SIP return of 6.15% in last one year whereas category average SIP return is 6.18%. The fund one year return rank in the category is 15th in 23 funds
  • The fund has SIP return of 4.72% in last three years and ranks 21st in 23 funds. Nippon India Ultra Short Duration Fund has given the highest SIP return (5.31%) in the category in last three years.
  • The fund has SIP return of 3.59% in last five years whereas category average SIP return is 3.89%.

Bank of India Ultra Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.28 and semi deviation of 0.2. The category average standard deviation is 0.3 and semi deviation is 0.22.
  • 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 % 0.22
    0.25
    		0.20 | 0.32 19 | 23 Poor
    3M Return % 1.40
    1.34
    		1.13 | 1.47 6 | 23 Very Good
    6M Return % 2.66
    2.63
    		2.25 | 2.81 13 | 23 Average
    1Y Return % 5.74
    5.82
    		5.04 | 6.26 15 | 23 Average
    3Y Return % 6.33
    6.64
    		5.67 | 7.24 19 | 23 Poor
    5Y Return % 5.55
    5.84
    		4.84 | 6.70 17 | 22 Average
    7Y Return % 5.49
    5.72
    		4.74 | 6.47 13 | 16 Poor
    10Y Return % 6.26
    5.98
    		3.62 | 6.90 6 | 10 Good
    15Y Return % 7.12
    7.12
    		6.65 | 7.75 5 | 9 Good
    1Y SIP Return % 5.61
    5.61
    		4.80 | 5.96 13 | 23 Average
    3Y SIP Return % 4.21
    4.41
    		3.46 | 4.95 18 | 23 Average
    5Y SIP Return % 3.13
    3.39
    		2.44 | 3.89 17 | 22 Average
    7Y SIP Return % 4.30
    4.60
    		3.58 | 5.15 14 | 16 Poor
    10Y SIP Return % 5.21
    5.24
    		3.53 | 6.05 7 | 10 Average
    15Y SIP Return % 6.18
    6.25
    		5.66 | 6.86 6 | 9 Good
    Standard Deviation 0.28
    0.30
    		0.22 | 0.37 4 | 23 Very Good
    Semi Deviation 0.20
    0.22
    		0.17 | 0.26 5 | 23 Very Good
    Sharpe Ratio 1.83
    2.64
    		-0.59 | 3.92 17 | 23 Average
    Sterling Ratio 0.63
    0.66
    		0.57 | 0.73 19 | 23 Poor
    Sortino Ratio 1.01
    1.85
    		-0.19 | 3.16 17 | 23 Average
    Jensen Alpha % 0.48
    0.75
    		-0.19 | 1.28 17 | 23 Average
    Treynor Ratio -5.33
    -4.28
    		-6.10 | -3.02 21 | 23 Poor
    Modigliani Square Measure % 7.62
    8.28
    		5.70 | 9.38 17 | 23 Average
    Alpha % -1.71
    -1.41
    		-2.31 | -0.79 19 | 23 Poor
    Return data last Updated On : May 15, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.26 0.30 0.23 | 0.36 21 | 23 Poor
    3M Return % 1.52 1.47 1.36 | 1.63 6 | 23 Very Good
    6M Return % 2.91 2.90 2.74 | 3.12 9 | 23 Good
    1Y Return % 6.27 6.39 6.02 | 6.77 18 | 23 Average
    3Y Return % 6.83 7.20 6.44 | 7.55 22 | 23 Poor
    5Y Return % 5.96 6.35 5.54 | 7.53 21 | 22 Poor
    7Y Return % 5.86 6.23 5.28 | 6.79 14 | 16 Poor
    10Y Return % 6.57 6.45 4.11 | 7.36 7 | 10 Average
    1Y SIP Return % 6.15 6.18 5.90 | 6.59 15 | 23 Average
    3Y SIP Return % 4.72 4.95 4.26 | 5.31 21 | 23 Poor
    5Y SIP Return % 3.59 3.89 3.16 | 4.31 21 | 22 Poor
    7Y SIP Return % 4.72 5.12 4.26 | 5.80 15 | 16 Poor
    10Y SIP Return % 5.59 5.73 4.11 | 6.36 8 | 10 Average
    Standard Deviation 0.28 0.30 0.22 | 0.37 4 | 23 Very Good
    Semi Deviation 0.20 0.22 0.17 | 0.26 5 | 23 Very Good
    Sharpe Ratio 1.83 2.64 -0.59 | 3.92 17 | 23 Average
    Sterling Ratio 0.63 0.66 0.57 | 0.73 19 | 23 Poor
    Sortino Ratio 1.01 1.85 -0.19 | 3.16 17 | 23 Average
    Jensen Alpha % 0.48 0.75 -0.19 | 1.28 17 | 23 Average
    Treynor Ratio -5.33 -4.28 -6.10 | -3.02 21 | 23 Poor
    Modigliani Square Measure % 7.62 8.28 5.70 | 9.38 17 | 23 Average
    Alpha % -1.71 -1.41 -2.31 | -0.79 19 | 23 Poor
    Return data last Updated On : May 15, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    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
    15-05-2026 3316.7898 3447.1068
    14-05-2026 3316.8038 3447.0761
    13-05-2026 3317.1677 3447.4091
    12-05-2026 3317.094 3447.2873
    11-05-2026 3317.177 3447.3283
    08-05-2026 3316.5181 3446.508
    07-05-2026 3316.1369 3446.0667
    06-05-2026 3315.655 3445.5207
    05-05-2026 3314.6704 3444.4524
    04-05-2026 3314.4719 3444.2009
    30-04-2026 3312.1267 3441.5835
    29-04-2026 3312.3946 3441.8167
    28-04-2026 3312.9911 3442.3914
    27-04-2026 3312.7413 3442.0867
    24-04-2026 3312.2347 3441.425
    23-04-2026 3312.1712 3441.3139
    22-04-2026 3312.4592 3441.568
    21-04-2026 3312.2498 3441.3053
    20-04-2026 3311.8837 3440.8798
    17-04-2026 3310.5318 3439.339
    16-04-2026 3310.3542 3439.1094
    15-04-2026 3309.6255 3438.3072

    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.