|Min SIP Amount||Not Supported|
|NAV||₹1002.65 (26 Jan 2021)|
|Fund Started||02 Jan 2013|
|Fund Size||₹374 Cr|
|Reserve Bank of India||Financial||T-Bills||21.3%|
|Reserve Bank of India||Financial||T-Bills||13.3%|
|Small Industries Devp. Bank of India Ltd.||Financial||CP||6.7%|
|National Bank For Agriculture & Rural Development||Financial||CP||6.7%|
|Axis Bank Ltd.||Financial||CD||6.7%|
|Bajaj Financial Securities Ltd.||Financial||CP||6.7%|
|Reserve Bank of India||Financial||T-Bills||6.7%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||6.7%|
BOI AXA Liquid Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Piyush Baranwal is the Current Fund Manager of BOI AXA Liquid Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹374 Cr and the Latest NAV as of 26 Jan 2021 is ₹1002.65.
The BOI AXA Liquid Fund Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
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 80% into securities having average maturity less than or equal to 6 months with low risk profile.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.