Fund Details
BOI AXA Ultra Short Duration Fund Regular Dividend Weekly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.58% |
| NAV | ₹1006.98 (15 Jan 2021) |
|---|---|
| Fund Started | 17 Jul 2008 |
| Fund Size | ₹403 Cr |
Returns
Comparison
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
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 23.6% |
| Power Grid Corporation of India Ltd. | Energy | Bonds | 6.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 6.1% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Debenture | 6.0% |
| Reserve Bank of India | Financial | T-Bills | 5.9% |
| Bank Of Baroda | Financial | CD | 5.9% |
| Reliance Industries Ltd. | Energy | CP | 5.9% |
| LIC Housing Finance Ltd. | Financial | CP | 5.8% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 4.9% |
| Export-Import Bank Of India | Financial | CD | 4.8% |
Fund Managers
BOI AXA Ultra Short Duration Fund Regular Dividend Weekly Details
BOI AXA Ultra Short Duration Fund Regular Dividend Weekly is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 17 Jul 2008. Piyush Baranwal is the Current Fund Manager of BOI AXA Ultra Short Duration Fund Regular Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹403 Cr and the Latest NAV as of 15 Jan 2021 is ₹1006.98.
The BOI AXA Ultra Short Duration Fund Regular Dividend Weekly 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.
