Formerly BOI AXA Ultra Short Duration Ret Dl DS
₹ 1007.4498
NAV (Mar 05)
Top Ranked
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
12 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
383 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
Low Credit Risk. The fund has a high credit quality compared to other debt funds
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Scheme Information
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
Very High Risk
0.57 %
Expense Ratio
Jun 15, 2009
Launched (12y ago)
₹ 383
AUM in Crores
ISIN
No Lock-in
Lock-in
CRISIL Liquid Fund TR INR
Benchmark
₹ 0
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
Ultra Short
Recommended
Top Ranked
17 Years
Age
Track Record
Liquid
Recommended
Top Ranked
17 Years
Age
Track Record
Ultra Short
Recommended
Top Ranked
22 Years
Age
Track Record
Low Duration
Recommended
Top Ranked
19 Years
Age
Track Record
Liquid
Recommended
Top Ranked
18 Years
Age
Track Record
About the AMC
BOI AXA Investment Mngrs Private Ltd
BOI AXA Investment Mngrs Private Ltd manages assets worth 2,275 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.
Tax Saving
Top Ranked
₹ 368 Cr
Fund Size
13.7%
3Y returns
Liquid
Top Ranked
₹ 368 Cr
Fund Size
5.8%
3Y returns
Liquid
Top Ranked
₹ 368 Cr
Fund Size
N/A
3Y returns
Tax Saving
Top Ranked
₹ 368 Cr
Fund Size
12.9%
3Y returns
Ultra Short
Top Ranked
₹ 382 Cr
Fund Size
6.4%
3Y returns
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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BOI AXA Ultra Short Duration (D-D) is a ultra short debt fund and has delivered an annualised return of 4.7% over a period of 12 years .The fund was previously known as BOI AXA Ultra Short Duration Ret Dl DS.The fund is managed by BOI AXA Investment Mngrs Private Ltd.The fund manager’s name is Amit Modani.
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.
The BOI AXA Ultra Short Duration (D-D) fund was launched on Jun 15, 2009. The NAV (Net Asset Value) of this ultra short debt as of 2021-03-05 is ₹ 1007.4498. The total AUM (Asset Under Management) of the fund as of 2021-03-07 is ₹ 382.178. The category risk of the BOI AXA Ultra Short Duration (D-D) fund is Very High Risk. The fund charges 0.57 % as expense ratio.
The fund’s highest allocation is towards others and has invested 75.2% in this asset class. The top three holdings of the fund are 182 dtb 25022021,power grid corporation of india limited and housing development finance corporation limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 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.
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 (D-D) 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 (D-D) has a score of 2 out of 5. The credit risk of the fund is 4 out of 5 as compared to other debt funds.