|Min SIP Amount||Not Supported|
|NAV||₹2521.65 (17 Sep 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹261 Cr|
|LIC Housing Finance Ltd.||Financial||Debenture||9.7%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Debenture||9.7%|
|Reserve Bank of India||Financial||T-Bills||9.6%|
|Axis Bank Ltd.||Financial||CD||9.5%|
|Bank Of Baroda||Financial||CD||9.4%|
|Union Bank of India||Financial||CD||8.4%|
|Power Finance Corpn. Ltd.||Financial||Debenture||7.9%|
|Export-Import Bank Of India||Financial||CD||7.6%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||7.2%|
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 ₹261 Cr and the Latest NAV as of 17 Sep 2020 is ₹2521.65.
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 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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.