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  • BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W)

Formerly BOI AXA Ultra Short Duration Reg Wk DR

BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W)

Boi Axa Ultra Short Duration Fund Of Income Dist Cum Cap Wdrl (Ridcw-w)

DebtUltra Short

Top Ranked

1007.5428

NAV (May 11)

Scripbox Opinion

Top Ranked

These are the top-ranked funds within ultra short mutual funds.However, Scripbox does not recommend investing in ultra short mutual funds.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

13 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

308 Cr. Small within the category

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite low when interest rates change

Credit Quality Of Fund's Portfolio

Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds

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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

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    Historical growth rate of 6.5% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Scheme Information

Investment Objective

The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through portfolio of debt and money market instruments. The Scheme is not providing any assured or guaranteed returns.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Low to Moderate Risk

0.57 %

Expense Ratio

Jul 16, 2008

Launched (13y ago)

₹ 308

AUM in Crores

INF761K01CX5

ISIN

No Lock-in

Lock-in

CRISIL Liquid Fund TR INR

Benchmark

₹ 1,000

SIP Minimum

₹ 5,000

Lumpsum Min.

Fund Managers
user-avatar

Amit Modani

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
EPF70% ₹ 900,761 ₹ 168,1498.50%
Property70% ₹ 867,662 ₹ 135,0507.00%
PPF70% ₹ 869,819 ₹ 137,2077.10%
Bank FD70% ₹ 846,471 ₹ 113,8596.00%
Gold70% ₹ 846,471 ₹ 113,8596.00%
Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Kotak Savings Fund (G)

Kotak Savings Fund (G)

Ultra Short

Recommended

Top Ranked

17 Years

Age

5

Track Record

Aditya Birla Sun Life Liquid (G)

Aditya Birla Sun Life Liquid (G)

Liquid

Recommended

Top Ranked

17 Years

Age

5

Track Record

SBI Magnum Ultra Short Duration Fund (G)

SBI Magnum Ultra Short Duration Fund (G)

Ultra Short

Recommended

Top Ranked

22 Years

Age

5

Track Record

Nippon India Liquid Fund (G)

Nippon India Liquid Fund (G)

Liquid

Recommended

Top Ranked

18 Years

Age

5

Track Record

ICICI Prudential Savings Fund (G)

ICICI Prudential Savings Fund (G)

Low Duration

Recommended

Top Ranked

19 Years

Age

5

Track Record

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About the AMC

BOI AXA Investment Mngrs Private Ltd

BOI AXA Investment Mngrs Private Ltd manages assets worth 2,162 crores and was set up on 12 April 2007. It's current offering of mutual fund schemes includes 29 equity,24 debt and 25 hybrid funds.

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  • tel-amc-about
    022-40479000
  • mail-amc-about
    service@boiaxa-im.com
  • BOI AXA Liquid Fund (G)

    BOI AXA Liquid Fund (G)

    Liquid

    Top Ranked

    ₹ 242 Cr

    Fund Size

    5.5%

    3Y returns

    BOI AXA Tax Advantage Fund Eco (G)

    BOI AXA Tax Advantage Fund Eco (G)

    Tax Saving

    Top Ranked

    ₹ 435 Cr

    Fund Size

    13.3%

    3Y returns

    BOI AXA Liquid Fund Unclaimed Dividend greater than 3 years (G)

    BOI AXA Liquid Fund Unclaimed Dividend greater than 3 years (G)

    Liquid

    Top Ranked

    ₹ 242 Cr

    Fund Size

    N/A

    3Y returns

    BOI AXA Tax Advantage Fund (G)

    BOI AXA Tax Advantage Fund (G)

    Tax Saving

    Top Ranked

    ₹ 435 Cr

    Fund Size

    12.6%

    3Y returns

    BOI AXA Ultra Short Duration Fund (G)

    BOI AXA Ultra Short Duration Fund (G)

    Ultra Short

    Top Ranked

    ₹ 307 Cr

    Fund Size

    6.2%

    3Y returns

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Category View

    Category View

    We check if the sub-category of the fund is recommended by us.

    Consistency Of Performance

    Consistency Of Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Quality Of Fund’s Portfolio

    Credit Quality Of Fund’s Portfolio

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Equity Funds

    Debt Funds

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    About BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W)

    About BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W)

    BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W) is a ultra short debt fund and has delivered an annualised return of 5.7% over a period of 13 years .The fund was previously known as BOI AXA Ultra Short Duration Reg Wk DR.The fund is managed by BOI AXA Investment Mngrs Private Ltd.The fund manager’s name is Amit Modani.

    BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W) Investment Objective

    The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through portfolio of debt and money market instruments. The Scheme is not providing any assured or guaranteed returns. However, there is no assurance that the objective of the scheme will be realized.

    BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W) NAV,AUM,Risk

    The BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W) fund was launched on Jul 16, 2008. The NAV (Net Asset Value) of this ultra short debt as of 2021-05-11 is ₹ 1007.5428. The total AUM (Asset Under Management) of the fund as of 2021-05-12 is ₹ 307.137. The category risk of the BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W) fund is Low to Moderate Risk. The fund charges 0.57 % as expense ratio.

    BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W) Holdings

    The fund’s highest allocation is towards others and has invested 69.3% in this asset class. The top three holdings of the fund are power grid corporation of india limited,housing development finance corporation limited and 91 dtb 22072021

    BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W) SIP

    The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

    BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W) Investment volatility and Horizon

    This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Liquid Fund TR INR.

    BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W) Review

    BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, BOI AXA Ultra Short Duration Fund of Income Dist cum Cap Wdrl (RIDCW-W) has a score of 2 out of 5. The credit risk of the fund is 5 out of 5 as compared to other debt funds.

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