DebtUltra Short Duration FundDirect · Growth
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Growth
Bank of India · Scheme 119379
₹3,513.74▲ 0.01%NAV · 2026-09-18
Decent FundScore
AUM
₹168 cr
Expense ratio
0.45%
3Y CAGR
6.9%
Risk level
Low
Min SIP
₹1,000
Benchmark
CRISIL Ultra Short Duration Debt Index
Fund manager: Piyush BaranwalExit load: Nil
Decent · 70/100
A solid option with a few areas worth a closer look.
🎯 Suited to short-to-medium horizons and investors wanting stability over growth.
📈 Why it could do well
- ✓Very consistent — delivers dependably across market cycles, ideal for SIPs.
- ✓Excellent risk-adjusted returns (Sharpe 1.56) — reward isn't just from taking more risk.
- ✓Protects capital well — worst-ever fall was only 1%.
- ✓Low volatility (1% a year) — a steady, low-drama ride.
- ✓Low cost — 0.45% expense ratio means more of the return stays with you.
- ✓Positive 3Y windows: 100% of rolling 3Y windows positive
📉 What could drag it down
- •3Y CAGR: +6.9%
- •5Y CAGR: +6.2%
FundScore breakdown
70/100 · Decent
Returns
Weak
Consistency
Excellent
Risk-adjusted
Strong
Downside protection
Excellent
Cost efficiency
Excellent
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.