|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹2359.99 (26 Feb 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹369 Cr|
|Reserve Bank of India||Financial||T-Bills||13.5%|
|Reserve Bank of India||Financial||T-Bills||9.5%|
|Axis Bank Ltd.||Financial||CD||6.8%|
|National Bank For Agriculture & Rural Development||Financial||CP||6.8%|
|Infina Finance Pvt. Ltd.||Financial||CP||6.8%|
|Bajaj Financial Securities Ltd.||Financial||CP||6.8%|
|Union Bank of India||Financial||CD||6.8%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||6.8%|
|LIC Housing Finance Ltd.||Financial||CP||6.8%|
|Reserve Bank of India||Financial||T-Bills||6.8%|
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 ₹369 Cr and the Latest NAV as of 26 Feb 2021 is ₹2359.99.
The BOI AXA Liquid Fund Direct Growth is rated Low to Moderate 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.