| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.58% |
| NAV | ₹1007.39 (07 Aug 2020) |
|---|---|
| Fund Started | 12 Jun 2009 |
| Fund Size | ₹209 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 23.8% |
| LIC Housing Finance Ltd. | Financial | Debenture | 12.2% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Debenture | 12.1% |
| Axis Bank Ltd. | Financial | CD | 11.8% |
| Bank Of Baroda | Financial | CD | 11.7% |
| Reliance Industries Ltd. | Energy | CP | 9.5% |
| REC Ltd. | Financial | Debenture | 2.5% |
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 ₹209 Cr and the Latest NAV as of 07 Aug 2020 is ₹1007.39.
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 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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.