|Min SIP Amount||Not Supported|
|NAV||₹2327.34 (17 Sep 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹327 Cr|
|Reserve Bank of India||Financial||T-Bills||30.5%|
|Reserve Bank of India||Financial||T-Bills||15.3%|
|Reserve Bank of India||Financial||T-Bills||15.2%|
|ICICI Securities Ltd.||Financial||CP||7.6%|
|Reliance Industries Ltd.||Energy||CP||7.6%|
|Reserve Bank of India||Financial||T-Bills||7.6%|
|LIC Housing Finance Ltd.||Financial||CP||7.6%|
BOI AXA Liquid Fund Direct Growth is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Piyush Baranwal is the Current Fund Manager of BOI AXA Liquid Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹327 Cr and the Latest NAV as of 17 Sep 2020 is ₹2327.34.
The BOI AXA Liquid Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. 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.