| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.33% |
| NAV | ₹2502.66 (03 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹202 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 19.7% |
| LIC Housing Finance Ltd. | Financial | Debenture | 12.6% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Debenture | 12.5% |
| Indian Bank | Financial | CD | 12.4% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 12.4% |
| Axis Bank Ltd. | Financial | CD | 12.2% |
| Bank Of Baroda | Financial | CD | 12.1% |
| Reliance Industries Ltd. | Energy | CP | 9.8% |
| REC Ltd. | Financial | Debenture | 2.6% |
BOI AXA Ultra Short Duration Fund Direct Growth 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 Ultra Short Duration Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹202 Cr and the Latest NAV as of 03 Jul 2020 is ₹2502.66.
The BOI AXA Ultra Short Duration Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments. The Scheme is not providing any assured or guaranteed returns. Further, there is also no assurance that the investment objective of the Scheme will be achieved.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.