Bank Of India Ultra Short Duration Fund Regular Plan - Growth

Bank Of India Ultra Short Duration Fund Regular Plan - Growth is a scheme launched by Bank of India Mutual Fund on July 16, 2008, and falls under the Ultra Short Duration fund category. It currently manages an AUM of Rs 51.5 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.85% for managing the portfolio.

• Investing Strategy:

  To deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments

• Performance:

  Bank Of India Ultra Short Duration Fund Regular Plan - Growth trailing returns over different times are 6.76% (1 year), 6.44% (3 year) and 5.24% (5 year). The average annual return of this fund stands at 4.67%.