BOI AXA Short Term Income Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Piyush Baranwal is the Current Fund Manager of BOI AXA Short Term Income Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹42 Cr and the Latest NAV as of 16 Jan 2020 is ₹8.88.
The BOI AXA Short Term Income Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 200000. Nil.
Investment Objective
The Scheme seeks to generate income and capital appreciation by investing in a diversified portfolio of debt and money market securities. However, there can be no assurance that the income can be generated, regular or otherwise, or the investment objectives of the Scheme will be realized.
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.
Scheme Information Document(SID)
₹200000
Min for First Investment
₹200000
Min for Second Investment