| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.07% |
| NAV | ₹1027.38 (27 Oct 2020) |
|---|---|
| Fund Started | 28 Jan 2020 |
| Fund Size | ₹167 Cr |
BOI AXA Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 28 Jan 2020. Amit Modani is the Current Fund Manager of BOI AXA Overnight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹167 Cr and the Latest NAV as of 27 Oct 2020 is ₹1027.38.
The BOI AXA Overnight Fund Direct Growth is rated Low risk. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate income commensurate with low risk and high liquidity by investing in overnight securities having residual maturity of 1 business day.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.