Fund Details
BOI AXA Liquid Fund Direct IDCW Weekly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.12% |
| NAV | ₹1061.82 (13 May 2021) |
|---|---|
| Fund Started | 14 Jan 2013 |
| Fund Size | ₹242 Cr |
Returns
Comparison
1. Age is more than 3 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 14.8% |
| Bharat Petroleum Corpn. Ltd. | Energy | CP | 10.6% |
| Kotak Mahindra Investments Ltd. | Financial | CP | 10.6% |
| Reserve Bank of India | Financial | T-Bills | 10.6% |
| National Bank For Agriculture & Rural Development | Financial | CP | 10.6% |
| Indian Oil Corpn. Ltd. | Energy | CP | 10.6% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 10.6% |
| Reserve Bank of India | Financial | T-Bills | 10.6% |
| Bank Of Baroda | Financial | CD | 4.2% |
Fund Managers
BOI AXA Liquid Fund Direct IDCW Weekly Details
BOI AXA Liquid Fund Direct IDCW 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 IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹242 Cr and the Latest NAV as of 13 May 2021 is ₹1061.82.
The BOI AXA Liquid Fund Direct IDCW Weekly is rated Low to Moderate 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.
Investment Objective
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.
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.
