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BOI AXA Ultra Short Duration Fund Regular Dividend Daily0.00%

4.76%
1 Year Return
Debt
Ultra Short Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

BOI AXA Ultra Short Duration Fund Regular Dividend Daily

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.58%
NAV₹1006.97 (15 Jan 2021)
Fund Started12 Jun 2009
Fund Size403 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.8%
6.6%
7.4%
8.1%
Category Average
5.0%
5.8%
6.4%
-
Rank Within Category
16
6
3
-
*All returns are annualized.
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.8% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Exit load is zero
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills23.6%
Power Grid Corporation of India Ltd.EnergyBonds6.2%
Housing Development Finance Corpn. Ltd.FinancialDebenture6.1%
Cholamandalam Investment & Finance Co. Ltd.FinancialDebenture6.0%
Reserve Bank of IndiaFinancialT-Bills5.9%
Bank Of BarodaFinancialCD5.9%
Reliance Industries Ltd.EnergyCP5.9%
LIC Housing Finance Ltd.FinancialCP5.8%
Power Finance Corpn. Ltd.FinancialDebenture4.9%
Export-Import Bank Of IndiaFinancialCD4.8%
See All

Fund Managers

BOI AXA Ultra Short Duration Fund Regular Dividend Daily Details

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 ₹403 Cr and the Latest NAV as of 15 Jan 2021 is ₹1006.97.

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.

Investment Objective

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.

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
₹5000
Min for Second Investment
Nil
Exit Load

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About BOI AXA Mutual Fund

Address
BOI AXA Investment Managers Pvt. Ltd. B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Ma Mumbai 400055
Phone
022-40479000
Launch Date
31 Mar 2008
Website
NA
BOI AXA Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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