BOI AXA Short Term Income Fund Direct Dividend Monthly+0.02%

1
-8.08%
1 Year Return
Debt
Short Duration
1.0star
6M
1Y
3Y
5Y
All

Fund Details

BOI AXA Short Term Income Fund Direct Dividend Monthly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.55%
NAV8.60 (07 Aug 2020)
Fund Started01 Jan 2013
Fund Size34 Cr

Returns

1Y
3Y*
5Y*
Since inception*
BOI AXA Short Term Income Fund Direct Dividend Monthly
-8.1%
-2.8%
2.2%
4.6%
Category Average
7.6%
5.5%
6.6%
-
Rank within category
28
25
24
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -8.1% annual returns

    Comparison

    Data not available
    Pros
    1. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the category average returns
    4. 3Y Returns are lower than the category average returns
    5. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Bharat Petroleum Corpn. Ltd.EnergyDebenture15.5%
    REC Ltd.FinancialDebenture15.2%
    GOISovereignGOI Sec15.0%
    Housing Development Finance Corpn. Ltd.FinancialCP11.3%
    Axis Bank Ltd.FinancialCD8.6%
    Maharashtra StateOthersSDL7.9%
    Sintex-BAPL Ltd.AutomobileDebenture0.0%

    Fund Managers

    addAlok Singh
    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
    Funds Managed

    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 ₹34 Cr and the Latest NAV as of 07 Aug 2020 is ₹8.60.

    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 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)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About BOI AXA Mutual Fund

    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
    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,
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