| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.12% |
| NAV | ₹1061.81 (29 Oct 2020) |
|---|---|
| Fund Started | 14 Jan 2013 |
| Fund Size | ₹320 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 15.6% |
| ICICI Securities Ltd. | Financial | CP | 7.8% |
| Reserve Bank of India | Financial | T-Bills | 7.8% |
| Reliance Industries Ltd. | Energy | CP | 7.8% |
| Reserve Bank of India | Financial | T-Bills | 7.8% |
| LIC Housing Finance Ltd. | Financial | CP | 7.8% |
| Bajaj Finance Ltd. | Financial | CP | 7.8% |
| Reserve Bank of India | Financial | T-Bills | 6.2% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
| Axis Finance Ltd. | Financial | CP | 4.7% |
BOI AXA Liquid Fund Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 14 Jan 2013. Piyush Baranwal is the Current Fund Manager of BOI AXA Liquid Fund Direct Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹320 Cr and the Latest NAV as of 29 Oct 2020 is ₹1061.81.
The BOI AXA Liquid Fund Direct Dividend Weekly is rated 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.