|Min SIP Amount||Not Supported|
|NAV||₹8.74 (29 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹33 Cr|
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 ₹33 Cr and the Latest NAV as of 29 Oct 2020 is ₹8.74.
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.
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.