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BOI AXA Ultra Short Duration Fund Direct Bonus

Debt
Ultra Short Duration
Low to Moderate Risk
3.56%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 03 Aug 2021₹2,586.81
Min. SIP AmountNA
Rating3star
Fund Size₹314.77 Cr

Holdings (13)

NameSectorInstrumentAssets
Power Grid Corporation of India Ltd.
EnergyBonds8.1%
Housing Development Finance Corpn. Ltd.FinancialDebenture8.0%
Reserve Bank of India
FinancialT-Bills7.9%
Kotak Mahindra Prime Ltd.
FinancialCP7.9%
Reliance Industries Ltd.EnergyCP7.9%
Axis Bank Ltd.FinancialCD7.8%
Small Industries Devp. Bank of India Ltd.
FinancialCP7.7%
National Highways Authority of India Ltd.
ServicesBonds7.5%
Power Finance Corporation Ltd.
FinancialDebenture6.4%
Reserve Bank of India
FinancialT-Bills4.8%
See All

Pros and cons

Category: Debt Ultra Short Duration

Pros

  • Lower expense ratio - 0.38%
  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • 1Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.38%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo

Fund management

Alok Singh
Jun 2021 - Present
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Amit Modani
Dec 2018 - Present
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Fund house & investment objective

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Fund house contact details

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