BANK OF INDIA Ultra Short Duration Fund- Regular Plan- Growth Invest Now
Fund Manager: Mithraem Bharucha    |     Debt: Ultra Short Duration    |     S&P BSE Liquid Rate Index

2927.2046 1.1 (0.04 %)

NAV as on 02-05-2024

152.4 Cr

AUM as on 31-03-2024

Rtn ( Since Inception )

7.03%

Inception Date

Jul 16, 2008

Expense Ratio

1.23%

Fund Status

Open Ended Scheme

Min. Investment

5,000

Min. Topup

1,000

Min. SIP Amount

1000

Risk Status

low to moderate

Investment Objective : The fund aims to generate reasonable market related returns by investing in Money Market instruments. Also seeks to provide high liquidity to investors.The scheme would be investing more than 50% into instruments having maturity less than or equal to 1 year and rest having maturity more than 1 year with low /medium risk appetite.