| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.12% |
| NAV | ₹1061.93 (07 Aug 2020) |
|---|---|
| Fund Started | 14 Jan 2013 |
| Fund Size | ₹456 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 43.7% |
| Reserve Bank of India | Financial | T-Bills | 10.9% |
| Reserve Bank of India | Financial | T-Bills | 8.8% |
| ICICI Securities Ltd. | Financial | CP | 5.5% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 5.5% |
| Tata Capital Financial Services Ltd. | Financial | CP | 5.5% |
| Reserve Bank of India | Financial | T-Bills | 5.5% |
| Bajaj Finance Ltd. | Financial | CP | 5.5% |
| Reliance Industries Ltd. | Energy | CP | 5.5% |
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 ₹456 Cr and the Latest NAV as of 07 Aug 2020 is ₹1061.93.
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 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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.