BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Growth
As on 07 Nov 2024
BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Growth
DebtNAV
₹ 3120.87
CAGR (3 Years)
6.00%
AUM (Cr)
₹ 166.12
Risk
Moderate Risk
About BANK OF INDIA Ultra Short Duration Fund- Direct Plan- Growth
The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments.
Breakdown of this Fund
Debt Others
170.73%
T Bills
37.97%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.01
Exit Load
Nil
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.