|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹18.11 (26 Feb 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹29 Cr|
|Bharat Petroleum Corpn. Ltd.||Energy||Debenture||9.3%|
|Power Grid Corporation of India Ltd.||Energy||Bonds||9.0%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||8.7%|
|Axis Bank Ltd.||Financial||CD||8.5%|
|Reserve Bank of India||Financial||T-Bills||3.5%|
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 01 Jan 2013. 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 ₹29 Cr and the Latest NAV as of 26 Feb 2021 is ₹18.11.
The BOI AXA Short Term Income Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.