BOI AXA Ultra Short Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Piyush Baranwal is the Current Fund Manager of BOI AXA Ultra Short Duration Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹296 Cr and the Latest NAV as of 20 Nov 2019 is ₹2409.81.
The BOI AXA Ultra Short Duration Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
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.
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment