BOI AXA Ultra Short Duration Fund Regular Dividend Weekly+0.02%

5.38%
1 Year Return
Debt
Ultra Short Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

BOI AXA Ultra Short Duration Fund Regular Dividend Weekly

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.58%
NAV1008.05 (29 Oct 2020)
Fund Started17 Jul 2008
Fund Size309 Cr

Returns

1Y
3Y*
5Y*
Since inception*
BOI AXA Ultra Short Duration Fund Regular Dividend Weekly
5.4%
6.9%
7.6%
7.7%
Category Average
5.6%
6.0%
6.5%
-
Rank within category
16
6
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 5.4% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Exit load is zero
    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-Bills9.7%
    LIC Housing Finance Ltd.FinancialDebenture8.2%
    Cholamandalam Investment & Finance Co. Ltd.FinancialDebenture8.1%
    Axis Bank Ltd.FinancialCD8.1%
    Bank Of BarodaFinancialCD8.0%
    Reliance Industries Ltd.EnergyCP8.0%
    Union Bank of IndiaFinancialCD7.1%
    Power Finance Corpn. Ltd.FinancialDebenture6.6%
    Export-Import Bank Of IndiaFinancialCD6.4%
    Housing Development Finance Corpn. Ltd.FinancialCP6.0%
    See All

    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 ₹309 Cr and the Latest NAV as of 29 Oct 2020 is ₹1008.05.

    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.

    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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