Name: BOI AXA Short Term Income Fund Direct Growth
Brand: BOI AXA Mutual Fund
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BOI AXA Short Term Income Fund Direct Growth
Debt
Short Duration
Moderate Risk
-3.18%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 21 Oct 2021₹18.62
Min. SIP amountNA
Rating1star
Fund size₹28.55 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.7%-3.2%0.8%4.6%
Category average4.3%6.4%6.4%NA
Rank with in category262523NA
Understand termsinfo
Holdings (11)NameSectorInstrumentAssets
Bharat Petroleum Corporation Ltd.
EnergyDebenture9.3%
REC Ltd.
FinancialDebenture8.9%
Power Grid Corporation of India Ltd.
EnergyBonds8.8%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture8.7%
National Highways Authority of India Ltd.
ServicesBonds7.1%
L&T Infrastructure Finance Co. Ltd.
FinancialNCD7.1%
GOI
SovereignGOI Sec7.0%
HDFC Bank Ltd.
FinancialCD6.9%
National Bank For Agriculture & Rural Development
FinancialNCD5.4%
Housing Development Finance Corpn. Ltd.
FinancialDebenture3.6%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Debt Short Duration
thumb_up_altPros
Exit load is zero
Lower expense ratio: 0.81%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
thumb_down_altCons
Lower AUM: 28Cr.
Funds with lower AUM tend to have higher expense ratio
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Low rating: 1
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2021 - Present
0.81%
31 Aug 2021 - 30 Sep 2021
0.81%
31 Jul 2021 - 31 Aug 2021
1.18%
30 Jun 2021 - 31 Jul 2021
0.81%
31 May 2021 - 30 Jun 2021
0.81%
30 Apr 2021 - 31 May 2021
0.52%
31 Mar 2021 - 30 Apr 2021
0.48%
28 Feb 2021 - 31 Mar 2021
0.52%
31 Jan 2021 - 28 Feb 2021
0.52%
31 Dec 2020 - 31 Jan 2021
0.53%
30 Nov 2020 - 31 Dec 2020
0.53%
31 Oct 2020 - 30 Nov 2020
0.55%
30 Sep 2020 - 31 Oct 2020
0.49%
31 Aug 2020 - 30 Sep 2020
0.55%
31 Jul 2020 - 31 Aug 2020
0.55%
30 Jun 2020 - 31 Jul 2020
0.55%
31 May 2020 - 30 Jun 2020
0.55%
30 Apr 2020 - 31 May 2020
0.55%
31 Mar 2020 - 30 Apr 2020
0.55%
29 Feb 2020 - 31 Mar 2020
0.55%
31 Jan 2020 - 29 Feb 2020
0.55%
31 Dec 2019 - 31 Jan 2020
0.55%
30 Nov 2019 - 31 Dec 2019
0.55%
31 Oct 2019 - 30 Nov 2019
0.55%
30 Sep 2019 - 31 Oct 2019
0.55%
31 Aug 2019 - 30 Sep 2019
0.55%
31 Jul 2019 - 31 Aug 2019
0.56%
30 Jun 2019 - 31 Jul 2019
0.56%
31 May 2019 - 30 Jun 2019
0.56%
30 Apr 2019 - 31 May 2019
0.56%
31 Mar 2019 - 30 Apr 2019
0.56%
28 Feb 2019 - 31 Mar 2019
0.56%
31 Jan 2019 - 28 Feb 2019
0.56%
31 Dec 2018 - 31 Jan 2019
0.56%
30 Nov 2018 - 31 Dec 2018
0.56%
31 Oct 2018 - 30 Nov 2018
0.56%
30 Sep 2018 - 31 Oct 2018
0.58%
31 Aug 2018 - 30 Sep 2018
0.58%
31 Jul 2018 - 31 Aug 2018
0.58%
30 Jun 2018 - 31 Jul 2018
0.50%
31 May 2018 - 30 Jun 2018
0.50%
30 Apr 2018 - 31 May 2018
0.50%
31 Mar 2018 - 30 Apr 2018
0.50%
28 Feb 2018 - 31 Mar 2018
0.50%
31 Jan 2018 - 28 Feb 2018
0.50%
31 Dec 2017 - 31 Jan 2018
0.50%
30 Nov 2017 - 31 Dec 2017
0.50%
31 Oct 2017 - 30 Nov 2017
0.50%
Expense ratio, exit load and taxExpense ratio: 0.81%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIPNA
Fund managementAlok Singh
Jan 2020 - Present
View details
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Education
Mr. Singh is a CFA and PGDBA from ICFAI Business School.
Experience
Prior to joining BOI AXA AMC he has worked with BNP Paribas Asset Management and Axis Bank
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BOI AXA Capital Protection Oriented Series 5 Regular IDCW
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BOI AXA Mid & Small Cap Equity & Debt Fund Regular IDCW
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BOI AXA Mid & Small Cap Equity & Debt Fund Direct IDCW
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Nitish Gupta
Dec 2018 - Present
View details
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Education
Mr. Gupta is a BE and MBA.
Experience
Prior to joining BOI AXA Mutual Fund he has worked with PGIM India Mutual Fund as a Fund Manager.
Also manages these schemes
BOI AXA Liquid Fund Regular Growth
BOI AXA Liquid Fund Regular IDCW Weekly
BOI AXA Ultra Short Duration Fund Regular IDCW Weekly
BOI AXA Ultra Short Duration Fund Regular Growth
BOI AXA Short Term Income Fund Regular Growth
BOI AXA Short Term Income Fund Regular IDCW Monthly
BOI AXA Short Term Income Fund Regular IDCW Quarterly
BOI AXA Ultra Short Duration Fund Regular IDCW Daily
BOI AXA Liquid Fund Regular IDCW Daily
BOI AXA Liquid Fund Direct IDCW Daily
BOI AXA Liquid Fund Direct Growth
BOI AXA Liquid Fund Direct IDCW Weekly
BOI AXA Ultra Short Duration Fund Direct Growth
BOI AXA Ultra Short Duration Fund Direct IDCW Daily
BOI AXA Ultra Short Duration Fund Direct IDCW Weekly
BOI AXA Short Term Income Fund Direct Growth
BOI AXA Short Term Income Fund Direct IDCW Monthly
BOI AXA Short Term Income Fund Direct IDCW Quarterly
BOI AXA Ultra Short Duration Fund Direct Bonus
BOI AXA Equity Debt Rebalancer Fund Regular Growth
BOI AXA Equity Debt Rebalancer Fund Direct Growth
BOI AXA Equity Debt Rebalancer Fund Regular IDCW
BOI AXA Equity Debt Rebalancer Fund Direct IDCW
BOI AXA Liquid Unclaimed Unclaimed Redemption Above 3 yrs
BOI AXA Liquid Unclaimed Unclaimed IDCW Upto 3 yrs
Amit Modani
Jan 2020 - Present
View details
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Education
Mr. Modani is Chartered Accountant
Experience
Prior to joining BOI AXA Mutual Fund, he has worked with Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.
Also manages these schemes
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BOI AXA Liquid Fund Regular IDCW Weekly
BOI AXA Ultra Short Duration Fund Regular IDCW Weekly
BOI AXA Ultra Short Duration Fund Regular Growth
BOI AXA Short Term Income Fund Regular Growth
BOI AXA Short Term Income Fund Regular IDCW Monthly
BOI AXA Short Term Income Fund Regular IDCW Quarterly
BOI AXA Ultra Short Duration Fund Regular IDCW Daily
BOI AXA Liquid Fund Regular IDCW Daily
BOI AXA Liquid Fund Direct IDCW Daily
BOI AXA Liquid Fund Direct Growth
BOI AXA Liquid Fund Direct IDCW Weekly
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BOI AXA Ultra Short Duration Fund Direct IDCW Daily
BOI AXA Ultra Short Duration Fund Direct IDCW Weekly
BOI AXA Short Term Income Fund Direct Growth
BOI AXA Short Term Income Fund Direct IDCW Monthly
BOI AXA Short Term Income Fund Direct IDCW Quarterly
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BOI AXA Equity Debt Rebalancer Fund Regular Growth
BOI AXA Equity Debt Rebalancer Fund Direct Growth
BOI AXA Equity Debt Rebalancer Fund Regular IDCW
BOI AXA Equity Debt Rebalancer Fund Direct IDCW
BOI AXA Liquid Unclaimed Unclaimed Redemption Above 3 yrs
BOI AXA Liquid Unclaimed Unclaimed IDCW Upto 3 yrs
Mirae Asset Short Term Fund Direct IDCW
Mirae Asset Short Term Fund Direct Growth
Mirae Asset Short Term Fund Regular Growth
Mirae Asset Short Term Fund Regular IDCW
BOI AXA Overnight Fund Regular Growth
BOI AXA Overnight Fund Direct Growth
Mithraem Bharucha
Aug 2021 - Present
View details
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Education
Mr. Bharucha is a BMS and MBA
Experience
Prior to joining BOI AXA Investment Managers Private Limited, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.
Also manages these schemes
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BOI AXA Liquid Fund Regular IDCW Weekly
BOI AXA Ultra Short Duration Fund Regular IDCW Weekly
BOI AXA Ultra Short Duration Fund Regular Growth
BOI AXA Short Term Income Fund Regular Growth
BOI AXA Short Term Income Fund Regular IDCW Monthly
BOI AXA Short Term Income Fund Regular IDCW Quarterly
BOI AXA Ultra Short Duration Fund Regular IDCW Daily
BOI AXA Liquid Fund Regular IDCW Daily
BOI AXA Liquid Fund Direct IDCW Daily
BOI AXA Liquid Fund Direct Growth
BOI AXA Liquid Fund Direct IDCW Weekly
BOI AXA Ultra Short Duration Fund Direct Growth
BOI AXA Ultra Short Duration Fund Direct IDCW Daily
BOI AXA Ultra Short Duration Fund Direct IDCW Weekly
BOI AXA Short Term Income Fund Direct Growth
BOI AXA Short Term Income Fund Direct IDCW Monthly
BOI AXA Short Term Income Fund Direct IDCW Quarterly
BOI AXA Ultra Short Duration Fund Direct Bonus
BOI AXA Equity Debt Rebalancer Fund Regular Growth
BOI AXA Equity Debt Rebalancer Fund Direct Growth
BOI AXA Equity Debt Rebalancer Fund Regular IDCW
BOI AXA Equity Debt Rebalancer Fund Direct IDCW
BOI AXA Liquid Unclaimed Unclaimed Redemption Above 3 yrs
BOI AXA Liquid Unclaimed Unclaimed IDCW Upto 3 yrs
BOI AXA Overnight Fund Regular Growth
BOI AXA Overnight Fund Direct Growth
Fund house & investment objective
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BOI AXA Mutual Fund
Rank (total assets)#31 in India
Total AUM2,233.54 Cr
Date of Incorporation31 Mar 2008
BOI AXA Short Term Income Fund Direct Growth is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors
BOI AXA Short Term Income Fund Direct Growth is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Piyush Baranwal is the Current Fund Manager of BOI AXA Short Term Income Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,234 Cr and the Latest NAV as of 21 Oct 2021 is ₹18.62.
The BOI AXA Short Term Income Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. ...Read more
Investment Objective
The scheme seeks to generate reasonable returns by investing in debt and money market instruments. The scheme would not be investing more than 70% int
The scheme seeks to generate reasonable returns by investing in debt and money market instruments. The scheme would not be investing more than 70% into securities having average maturity of more than 370 days.
...Read more
Fund benchmarkCRISIL Short-Term Bond Index
descriptionScheme Information Document(SID)
Fund house contact details
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Address
BOI AXA Investment Managers Pvt. Ltd. B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Ma Mumbai 400055
Phone
022-40479000
Launch Date
31 Mar 2008
E-mail
[email protected]
Website
NA
BOI AXA Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
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BOI AXA Short Term Income Fund Direct Growth
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	1Y	3Y	5Y	All
Fund returns	3.7%	-3.2%	0.8%	4.6%
Category average	4.3%	6.4%	6.4%	NA
Rank with in category	26	25	23	NA
Name	Sector	Instrument	Assets
Bharat Petroleum Corporation Ltd.	Energy	Debenture	9.3%
REC Ltd.	Financial	Debenture	8.9%
Power Grid Corporation of India Ltd.	Energy	Bonds	8.8%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	8.7%
National Highways Authority of India Ltd.	Services	Bonds	7.1%
L&T Infrastructure Finance Co. Ltd.	Financial	NCD	7.1%
GOI	Sovereign	GOI Sec	7.0%
HDFC Bank Ltd.	Financial	CD	6.9%
National Bank For Agriculture & Rural Development	Financial	NCD	5.4%
Housing Development Finance Corpn. Ltd.	Financial	Debenture	3.6%
Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000
Rating	1
Fund size	₹28.55 Cr