Data As On 31 December 2020

BOI AXAULTRA SHORT DURATION FUND

  • Fund Type : OpenEnded UltraShortTerm Debt Schm invstng in instrmnts with Macaulay Duration of portfolio btn 3-6mth
    Entry Load : Nil
    Date of Allotment : July 16, 2008
    Features : Liquity SIP Shield SIP SWP STP
  • Benchmark : CRISIL Liquid Fund Index
    Exit Load :
    Nil

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. Further there is no assurance that the investment objectives of the Scheme will be realized.

Fund Manager

  • AMIT MODANI

    CA from The ICAI and CS The ICSI Institute.

    AMIT MODANI
    See detail

    More than 8 years of Experience in Fixed Income.

    He is managing this fund since July 15, 2019.

Fund Highlights

  • An open-ended ultra short duration debt fund suitable for short-term deployment of funds.
  • An ideal investment avenue for short to medium term parking of funds.
  • Suitable for those with an investment horizon of 3 to 6 months.
  • It endeavors to provide returns that are higher than those of liquid funds by maintaining a higher portfolio duration.
  • Click here for KIM
  • Click here for SID

Riskometer

This product is suitable for investors who are seeking*:

    The above Riskometer is based on the portfolio as on December 31, 2020

  • Regular income over short to medium term.
  • Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months

*Investor should consult their financial advisor if they are not clear about the suitability of the product.

Top 10 Portfolio Holdings

Portfolio Details % to Net Assets
TREPS 24.3%
Government of India 21.0%
Power Grid Corporation of India Limited 6.4%
Housing Development Finance Corporation Limited 6.3%
National Bank For Agriculture and Rural Development 6.1%
LIC Housing Finance Limited 6.1%
Kotak Mahindra Prime Limited 6.0%
Axis Bank Limited 6.0%
REC Limited 5.8%
Power Finance Corporation Limited 5.1%

Credit Profile

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Asset Allocation

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  • Scheme
  • Benchmark

Fund Performance

Performance as per statutory disclosure Total Expense Ratio

Performance(Regular Plan – Growth)

Period Scheme Benchmark
1 yr 4.9 % 4.6 %
3 yrs 6.7 % 6.3 %
5 yrs 7.4 % 6.6 %

Dividend History

CLICK HERE TO VIEW THE DIVIDEND HISTORY

Liq-uity

 

Liq-uity is a revolutionary new concept in investing where the daily gains, if any, from BOI AXA Liquid Fund (BALF) or BOI AXA Ultra Short Duration Fund  get transferred (BAUSDF) to BOI AXA Large & Mid Cap Fund (BALMCF) / BOI AXA MANUFACTURING & INFRASTRUCTURE FUND (BAMIF) on all business days. So your capital is liquid, and your daily gains keep growing! Could there be a better way to invest?

Liq-uity is a revolutionary new concept in investing where the daily gains, if any, from BOI AXA Liquid Fund (BALF) or BOI AXA Ultra Short Duration Fund (BAUSDF) get transferred to BOI AXA Large & Mid Cap Fund (BAELMCF) / BOI AXA MANUFACTURING & INFRASTRUCTURE FUND (BAMIF) on all business days. So your capital is liquid, and your daily gains keep growing! Could there be a better way to invest?

WHAT IS Liq-uity

  • For investors opting for the Daily Dividend Transfer Facility under Liq-uity in BALF/ BAUSDF, the daily dividend gets transferred to BALMCF / BAMIF while the initial investment remains invested in BALF / BAUSDF.
  • For investors opting for the Growth Option, the daily appreciation in NAV gets switched from BALF / BAUSDF in to BALMCF/ BAMIF. To effect the switch, the Units in BALF/BAUSDF will automatically get redeemed to the extent of the daily appreciation amount and the appreciation amount will be invested in BALMCF/ BAMIF.
  • Daily transfer of such gains enables you to ride market volatility with the endeavor to optimize returns.

Advantages of Liq-uity

  • Enables investors to get the best out of both fixed income and equity investments
    • Enjoy the benefits of Liq-uity
    • Enjoy the opportunity to earn attractive returns in line with equity markets
  • Conservative
    • Only your gains earned from BALF / BAUSDF are transferred to  BALMCF/ BAMIF
    • Initial Capital remains invested in BALF / BAUSDF at all times
  • Daily Participation in Equities
    • Take advantage of Rupee Cost Averaging on a daily basis (on all business days)
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