Data As on 30th June 2018

BOI AXASHORT TERM INCOME FUND

  • Fund Type : Open Ended Short Term Debt Scheme investng in instrumnts with Macaulay duration of portfolio btwn 1-3 yrs
    Entry Load : Nil
    Date of Allotment : December 18, 2008
    Features : Liquity SIP Shield SIP SWP STP
  • Benchmark : CRISIL Short Term Bond Fund Index
    Exit Load :
    Nil

Investment Objective

The Scheme seeks to generate income and capital appreciation by investing in a diversified portfolio of debt and money market securities. However, there can be no assurance that the income can be generated, regular or otherwise, or the investment objectives of the Scheme will be realized.

Fund Manager

  • PIYUSH BARANWAL

    CFA, PGDBM from SPIMR Mumbai, BE from MIT Manipal.

    See detail

    Piyush has over 9 years of experience in portfolio management and trading in fixed income securities.

    He is managing this fund since July 2016.

Fund Highlights

  • An open-ended short duration debt fund suitable for medium-term deployment of funds.
  • An ideal investment avenue for an investment horizon of 1 year to 3 years.
  • Suitable for those who are looking for an alternative to Fixed Deposits with liquidity and tax efficiency.
  • It endeavors to provide returns that are higher than those of ultra short term income 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*:

  • Regular income over short to medium term.
  • Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 1 year - 3 years.

*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
Sintex-BAPL Limited 12.0%
Dewan Housing Finance Corporation Limited 10.7%
Rural Electrification Corporation Limited 10.5%
Power Finance Corporation Limited 10.3%
Aadhar Housing Finance Limited 10.2%
Piramal Housing Finance Limited (Formerly Piramal Finance Pvt Ltd) 8.3%
Coffee Day Natural Resources Private Limited 7.9%
Piramal Enterprises Limited 7.8%
National Bank For Agriculture and Rural Development 6.3%
Government of India 3.2%

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 4.8 % 4.6 %
3 yrs 7.8 % 7.5 %
5 yrs 8.0 % 8.1 %

Dividend History(Regular Plan- Quarterly Dividend)

Record Date Dividend (`/Unit)
27-Dec-2017 0.11
26-Sep-2017 0.14
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 (MIF) on all business days. So your capital is liquid, and your daily gains keep growing! Could there be a better way to invest?

Click here to view Liq-uity Calculator

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 (MIF) 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)

Sip Shield

 

 

Minimum Application amount: Rs.1500 and in multiples of Rs.100 thereafter

Minimum SIP tenure: 3 years

Amount of Life Insurance cover:

  • Year 1 - 10 Times the Monthly SIP Installment
  • Year 2 - 50 Times the Monthly SIP Installment
  • Year 3 onwards - 100 Times the Monthly SIP Installment
  • Limits above are subject to maximum coverage of Rs.20 lakhs per investor across all schemes/plans/folios covered under SIP Shield
  • No medical tests required, only declaration of good health
  • Wide Range of Age Group Covered
    • Minimum / Maximum Entry Age - 18 Years / 45 years as on last birthday
    • Insurance cover continues upto the age of 55 years (subject to the conditions mentioned below)
  • The sum assured will be paid by the insurance company to the SIP investor's nominee
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