Fund Details
BOI AXA Ultra Short Duration Fund Regular IDCW Daily
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.57% |
| NAV | ₹1007.45 (12 May 2021) |
|---|---|
| Fund Started | 12 Jun 2009 |
| Fund Size | ₹307 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 13.6% |
| Power Grid Corporation of India Ltd. | Energy | Bonds | 8.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 8.6% |
| National Bank For Agriculture & Rural Development | Financial | CP | 8.4% |
| Reserve Bank of India | Financial | T-Bills | 8.4% |
| LIC Housing Finance Ltd. | Financial | CP | 8.4% |
| Kotak Mahindra Prime Ltd. | Financial | CP | 8.4% |
| Axis Bank Ltd. | Financial | CD | 8.3% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 6.9% |
| Bank Of Baroda | Financial | CD | 5.1% |
Fund Managers
BOI AXA Ultra Short Duration Fund Regular IDCW Daily Details
BOI AXA Ultra Short Duration Fund Regular IDCW 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 IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹307 Cr and the Latest NAV as of 12 May 2021 is ₹1007.45.
The BOI AXA Ultra Short Duration Fund Regular IDCW Daily is rated Low to Moderate 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.
