BOI AXA Liquid Fund Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was introduced to investors on 14 Jan 2013. Piyush Baranwal is the Current Fund Manager of BOI AXA Liquid Fund Direct Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹528 Cr and the Latest NAV as of 22 Aug 2019 is ₹1062.1.
The BOI AXA Liquid Fund Direct Dividend Weekly is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments. The investment performance will be benchmarked against CRISIL Liquid Fund Index However there can be no assurance that the investment objectives of the Scheme will be realized.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment