|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹2560.30 (26 Feb 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹382 Cr|
|Reserve Bank of India||Financial||T-Bills||9.1%|
|Power Grid Corporation of India Ltd.||Energy||Bonds||6.7%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||6.6%|
|Infina Finance Pvt. Ltd.||Financial||CP||6.5%|
|Reliance Industries Ltd.||Energy||CP||6.5%|
|National Bank For Agriculture & Rural Development||Financial||CP||6.5%|
|LIC Housing Finance Ltd.||Financial||CP||6.5%|
|Kotak Mahindra Prime Ltd.||Financial||CP||6.4%|
|Axis Bank Ltd.||Financial||CD||6.3%|
|Power Finance Corpn. Ltd.||Financial||Debenture||5.3%|
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 ₹382 Cr and the Latest NAV as of 26 Feb 2021 is ₹2560.30.
The BOI AXA Ultra Short Duration Fund Direct Growth is rated Low to Moderate 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.