Fund Details
BOI AXA Short Term Income Fund Direct Dividend Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.53% |
| NAV | ₹8.80 (22 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹30 Cr |
Returns
Comparison
1. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | CP | 10.0% |
| Bharat Petroleum Corpn. Ltd. | Energy | Debenture | 9.0% |
| REC Ltd. | Financial | Debenture | 8.8% |
| Power Grid Corporation of India Ltd. | Energy | Bonds | 8.7% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 8.4% |
| Axis Bank Ltd. | Financial | CD | 8.1% |
| GOI | Sovereign | GOI Sec | 3.4% |
| Reserve Bank of India | Financial | T-Bills | 3.3% |
| Sintex-BAPL Ltd. | Automobile | Debenture | 0.0% |
Fund Managers
BOI AXA Short Term Income Fund Direct Dividend Monthly Details
BOI AXA Short Term Income Fund Direct Dividend Monthly 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹30 Cr and the Latest NAV as of 22 Jan 2021 is ₹8.80.
The BOI AXA Short Term Income Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
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% into securities having average maturity of more than 370 days.
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.
