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Fincash » Mutual Funds » BOI AXA Ultra Short Duration Fund

BOI AXA Ultra Short Duration Fund - G

NAV  ₹2,947.89 ↑ 0.49  (0.02 %) as on 13 Jun 24

(Erstwhile BOI AXA Treasury Advantage Fund)

Scheme Objective

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

BOI AXA Ultra Short Duration Fund is a Debt - Ultrashort Bond fund launched on 16 Jul 08. It is a fund with Moderately Low risk and has given a CAGR return of 7% since its launch.  Ranked 9 in Ultrashort Bond category.  Return for 2023 was 6.2% , 2022 was 4.4% and 2021 was 3.2% .

Below is the key information for BOI AXA Ultra Short Duration Fund

NAV as on 13 Jun 24₹2,947.89 ↑ 0.49  (0.02 %)
Net Assets (AUM) as on 30 Apr 2024 ₹146 Cr.
Launch Date16 Jul 2008
CategoryDebt - Ultrashort Bond
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.41%
Effective Maturity5 Months 5 Days
Modified Duration4 Months 28 Days
Alpha Ratio0.0
Expense Ratio0.66 %
Sharpe Ratio-4.052
Information Ratio0.0
BenchmarkNot Available
ISININF761K01298
AMCBOI AXA Investment Mngrs Private Ltd
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Jun 24

DurationReturns
1 Month 0.5%
3 Month 1.6%
6 Month 3.3%
1 Year 6.3%
3 Year 5.1%
5 Year 5.1%
10 Year
15 Year
Since launch 7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 6.2%
2022 4.4%
2021 3.2%
2020 4.9%
2019 7.5%
2018 7.6%
2017 8%
2016 9.1%
2015 8.7%

Growth of 10k Over Years

DateValue
31 May 19₹10,000
31 May 20₹10,677
31 May 21₹11,062
31 May 22₹11,406
31 May 23₹12,077
31 May 24₹12,838
BOI AXA Ultra Short Duration Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash66.89%
Debt32.85%
Other0.26%
BOI AXA Ultra Short Duration Fund Asset Allocation

Sector Allocation

SectorValue
Corporate49.51%
Cash Equivalent35.55%
Government14.67%
RatingValue
AA7.06%
AAA92.94%
BOI AXA Ultra Short Duration Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Kotak Mahindra Bank Ltd.
Debentures | -
8%₹11 Cr1,150,000
Power Grid Corporation Of India Limited
Debentures | -
7%₹10 Cr1,005,000
Cholamandalam Investment And Finance Company Limited
Debentures | -
7%₹10 Cr1,000,000
LIC Housing Finance Ltd
Debentures | -
7%₹10 Cr1,000,000
364 DTB 28112024
Sovereign Bonds | -
7%₹10 Cr1,000,000
Reliance Industries Limited
Debentures | -
6%₹8 Cr800,000
Rec Limited
Debentures | -
4%₹5 Cr500,000
HDFC Bank Limited
Debentures | -
3%₹4 Cr400,000
India (Republic of)
- | -
1%₹1 Cr100,000
LIC Housing Finance Ltd
Debentures | -
0%₹0 Cr50,000
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Fund Managers

NameSinceTenure
Mithraem Bharucha17 Aug 212.7 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Bank of India Mutual FundB/204, Tower 1, Peninsula Corporate Park,,Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013

Auditors

CompanyAddress
M/s BSR & Co.KPMG House, Kamala Mills Compound,448 Senapati Bapat Marg,Lower Parel

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
BOI AXA Ultra Short Duration Fund
Growth
₹2,947.89
↑ 0.49
3.27 %6.3 %5.13 %5.12 %
BOI AXA Ultra Short Duration Fund
Daily Dividend, Reinvestment
₹1,007.45
2.35 %5.35 %4.71 %4.57 %
BOI AXA Ultra Short Duration Fund
Weekly Dividend, Reinvestment
₹1,008.07
↑ 0.17
3.29 %6.32 %5.13 %4.69 %
Data as on 13 Jun 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.