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BOI AXA Ultra Short Duration Fund Direct Growth

Debt
Ultra Short Duration
Low to Moderate Risk
4.72%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 27 May 2022₹2,667.08
Min. SIP amountNA
Rating2
Fund size₹226.16Cr

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.3%4.7%5.9%7.5%
Category average3.7%5.5%5.9%NA
Rank with in category24188NA
Understand terms

Holdings (22)

NameSectorInstrumentAssets
Canara Bank
FinancialCD8.7%
REC Ltd.FinancialNCD6.7%
Godrej Agrovet Ltd.
Consumer StaplesCP6.6%
IIFL Wealth Prime Ltd.FinancialCP6.6%
Reserve Bank of India
FinancialT-Bills6.5%
Axis Bank Ltd.
FinancialCD6.5%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture6.3%
Mahindra & Mahindra Financial Services Ltd.FinancialDebenture5.8%
Gujarat State
OthersSDL4.5%
LIC Housing Finance Ltd.
FinancialDebenture4.5%
See All

Pros and cons

Category: Debt Ultra Short Duration

Pros

5Y annualised returns higher than category average by 0.2%
Exit load is zero
Lower expense ratio: 0.56%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 167Cr. Funds with lower AUM tend to have higher expense ratio
1Y and 3Y annualised returns lower than category average
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.45%

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 terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIPNA

Fund management

Mithraem Bharucha
Aug 2021 - Present
View details

Fund house & investment objective

Fund house contact details

Address
B/204-Tower 1,Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
Website
NA
Amc Image
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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FAQs

How to Invest in BOI AXA Ultra Short Duration Fund Direct Growth?

You can easily invest in BOI AXA Ultra Short Duration Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for BOI AXA Ultra Short Duration Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in BOI AXA Ultra Short Duration Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does BOI AXA Ultra Short Duration Fund Direct Growth provide?

The BOI AXA Ultra Short Duration Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.25% since its inception.

How much expense ratio is charged by BOI AXA Ultra Short Duration Fund Direct Growth?

The term Expense Ratio used for BOI AXA Ultra Short Duration Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of BOI AXA Ultra Short Duration Fund Direct Growth is 0.45% as of 28 May 2022...

What is the AUM of BOI AXA Ultra Short Duration Fund Direct Growth?

The AUM, short for Assets Under Management of BOI AXA Ultra Short Duration Fund Direct Growth is ₹226.16Cr as of 28 May 2022.

How to Redeem BOI AXA Ultra Short Duration Fund Direct Growth?

If you want to sell your BOI AXA Ultra Short Duration Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of BOI AXA Ultra Short Duration Fund Direct Growth?

You can select either SIP or Lumpsum investment of BOI AXA Ultra Short Duration Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of BOI AXA Ultra Short Duration Fund Direct Growth?

The NAV of BOI AXA Ultra Short Duration Fund Direct Growth is ₹2,667.08 as of 27 May 2022.

What is the PE and PB ratio of BOI AXA Ultra Short Duration Fund Direct Growth?

The PE ratio ratio of BOI AXA Ultra Short Duration Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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