BOI AXA Ultra Short Duration Fund Regular Plan Growth - Regular - Latest NAV [ ₹2549.1776 ], Returns, Performance, Portfolio & Returns 2021

BOI AXA Ultra Short Duration Fund Regular Plan Growth

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    6.68%
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    (+0.17)2549.1776

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Fund Summarystar

PeriodReturns(per year)
10 Years7.8%
5 Years6.68%
3 Years5.83%
1 Year3.32%
6 Months1.68%
Fund Details
ISININF761K01298
RiskLow to Moderate Risk
Fund TypeUltra Short Duration
NAV2549.1776
Exit Load--

More about this fundstar

Top HoldingsWeightage
Treps15.69%
Power Grid Corporation of India Limited8.07%
Housing Development Finance Corporation Limited8.02%
91 DTB 220720217.93%
Reliance Industries Limited7.9%
Kotak Mahindra Prime Limited7.9%
Axis Bank Limited7.83%
Small Industries Development Bank of India7.65%
National Highways Authority of India7.49%
Power Finance Corporation Limited6.38%

About BOI AXA Ultra Short Duration Fund

BOI AXA Ultra Short Duration Fund is an open-ended fund which invests in debt and money market instruments. The Macaulay Duration of the portfolio is between 3 months to 6 months. The scheme aims to provide regular income over a short period. The scheme was formerly known as BOI AXA Treasury Advantage Fund.

Pros & Cons of BOI AXA Ultra Short Duration Fund

  • BOI AXA Ultra Short Duration Fund offers the following benefits:
  • The scheme is a suitable option to park funds for a short duration.
  • It enables investors to get returns on funds while maintaining higher liquidity.
  • The fund aims to deliver higher returns by keeping the portfolio duration more than the liquid funds.

Fund Information and Statistics of BOI AXA Ultra Short Duration Fund

i) Inception / Launch date –

The BOI AXA Ultra Short Duration Fund was launched on July 16, 2008, by BOI AXA Mutual Funds.

ii) Risk level –

Investment in BOI AXA Ultra Short Duration Fund are at moderately-low risk.

iii) Redemption –

The Scheme will offer Units for Purchase and Redemption at NAV related prices on every Business Day. Under normal circumstances, your fund house will dispatch the redemption proceeds within 3 business days.

iv) Fund Manager –

The fund is jointly managed by Mr Amit Modani Since October 22, 2018, and Mr Nitish Gupta since December 5, 2018.

v) Entry / Exit load -

The fund house does not charge any entry load or exit load.

Tax benefits of investing in BOI AXA Ultra Short Duration Fund

A Short-term capital gain tax will be levied on unitholders as per the income tax slab rate if units are held for less than 36 months. A long-term capital gains tax of 20% is applicable with indexation if units are held for more than 36 months. Dividend distribution tax will be deducted before distribution of the dividend.

About BOI AXA Mutual Fund

BOI AXA is a joint venture between Bank of India (51%) and AXA Investment Managers. The former has over 5000 branches across the nation, while the latter has 2300 employees across 21 countries. The partnership seeks to bring experience and financial expertise to the Indian investors.

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Frequently Asked Questions

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Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Low to Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns