Home>Mutual Funds>BOI AXA Mutual Fund>BOI AXA Ultra Short Duration Fund Direct Bonus
shareSHARE

BOI AXA Ultra Short Duration Fund Direct Bonus+0.02%

4.54%
1 Year Return
Debt
Ultra Short Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

BOI AXA Ultra Short Duration Fund Direct Bonus

RiskLow to Moderate
Min SIP AmountNot Supported
Expense Ratio0.33%
NAV₹2559.99 (16 Apr 2021)
Fund Started30 Jun 2014
Fund Size294 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.5%
6.4%
7.3%
7.8%
Category Average
4.6%
5.4%
6.0%
-
Rank Within Category
20
7
4
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.5% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.33%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills13.6%
Power Grid Corporation of India Ltd.EnergyBonds8.7%
Housing Development Finance Corpn. Ltd.FinancialDebenture8.6%
National Bank For Agriculture & Rural DevelopmentFinancialCP8.4%
Reserve Bank of IndiaFinancialT-Bills8.4%
LIC Housing Finance Ltd.FinancialCP8.4%
Kotak Mahindra Prime Ltd.FinancialCP8.4%
Axis Bank Ltd.FinancialCD8.3%
Power Finance Corpn. Ltd.FinancialDebenture6.9%
Bank Of BarodaFinancialCD5.1%
See All

Fund Managers

BOI AXA Ultra Short Duration Fund Direct Bonus Details

BOI AXA Ultra Short Duration Fund Direct Bonus is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 30 Jun 2014. Piyush Baranwal is the Current Fund Manager of BOI AXA Ultra Short Duration Fund Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹294 Cr and the Latest NAV as of 16 Apr 2021 is ₹2559.99.

The BOI AXA Ultra Short Duration Fund Direct Bonus is rated Low to Moderate risk. Minimum SIP Investment is set to 500.

Investment Objective

The fund aims to generate reasonable market related returns by investing in Money Market instruments. Also seeks to provide high liquidity to investors. The scheme would be investing more than 50% into instruments having maturity less than or equal to 1 year and rest having maturity more than 1 year with low /medium risk appetite.

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)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load

Compare Funds

BOI AXA Ultra Short Duration Fund Direct Bonus
VS
search

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,
Loading...
Similar Funds
ⓒ 2016-2021 Groww. All rights reserved, Built with in India