| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.58% |
| NAV | ₹1007.45 (29 Oct 2020) |
|---|---|
| Fund Started | 12 Jun 2009 |
| Fund Size | ₹309 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.7% |
| LIC Housing Finance Ltd. | Financial | Debenture | 8.2% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Debenture | 8.1% |
| Axis Bank Ltd. | Financial | CD | 8.1% |
| Bank Of Baroda | Financial | CD | 8.0% |
| Reliance Industries Ltd. | Energy | CP | 8.0% |
| Union Bank of India | Financial | CD | 7.1% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 6.6% |
| Export-Import Bank Of India | Financial | CD | 6.4% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 6.0% |
BOI AXA Ultra Short Duration Fund Regular Dividend Daily is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 12 Jun 2009. Piyush Baranwal is the Current Fund Manager of BOI AXA Ultra Short Duration Fund Regular Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹309 Cr and the Latest NAV as of 29 Oct 2020 is ₹1007.45.
The BOI AXA Ultra Short Duration Fund Regular Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 500. 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.