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Unrated

BOI AXA Liquid - Unclaimed


Suitability:

"Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -- -- -- -- -- -- -- -- -- -- --

As on

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BOI AXA Liquid - Unclaimed  | Invest Online
Unrated
Oct-17 -- -- -- 0.53% 537
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.19 4.77 5.65 0.32% 37,504
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.19 4.80 5.69 0.32% 27,208
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.23 4.82 5.69 0.32% 27,111
Axis Liquid Fund
4 star
Oct-09 3.25 4.81 5.70 0.26% 26,451

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.46 24-Mar-2020 - 31-Mar-2020 -0.17 17-Mar-2020 - 24-Mar-2020
Month 0.82 25-Mar-2020 - 24-Apr-2020 0.11 23-Feb-2020 - 24-Mar-2020
Quarter 1.77 26-Mar-2018 - 25-Jun-2018 0.64 21-Oct-2020 - 20-Jan-2021
Year 7.11 27-Feb-2018 - 27-Feb-2019 2.80 09-Jul-2020 - 09-Jul-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 16 16 6 38
Modified Duration (yrs) 0.08 0.11 0.05 --
Average Maturity (yrs) 0.09 0.11 0.05 --
Yield to Maturity (%) 3.41 3.44 2.89 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 91-D 24/02/2022 Treasury Bills SOV 0.00 - 13.85 13.85
new 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 0.00 - 4.66 4.66
equal Reliance Industries 91-D 09/12/2021 Commercial Paper A1+ 0.00 - 8.30 4.65
equal Godrej Agrovet 91-D 17/12/2021 Commercial Paper A1+ 0.00 - 8.29 4.65
equal Reserve Bank of India 364-D 30/12/2021 Treasury Bills SOV 0.00 - 5.43 4.64
new ICICI Home Finance Company 43-D 29/12/2021 Commercial Paper A1+ 0.00 - 4.64 4.64
equal Berger Paints India 62-D 29/12/2021 Commercial Paper A1+ 0.00 - 5.43 4.64
equal Reserve Bank of India 364-D 06/01/2022 Treasury Bills SOV 0.00 - 5.43 4.64
equal Reliance Jio Infocomm 91-D 13/01/2022 Commercial Paper A1+ 0.00 - 5.42 4.63
new Chennai Petroleum Corporation 61-D 18/01/2022 Commercial Paper A1+ 0.00 - 4.63 4.63
equal Axis Bank 28/01/2022 Certificate of Deposit A1+ 0.00 - 5.41 4.63
new Reliance Industries 91-D 09/02/2022 Commercial Paper A1+ 0.00 - 4.62 4.62
new Reliance Jio Infocomm 91-D 09/02/2022 Commercial Paper A1+ 0.00 - 4.62 4.62
equal 9.75% Manappuram Finance 31/12/2021 Debenture AA 0.00 - 4.40 3.74
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 3.29 2.79
new Muthoot Finance 30/01/2022 Debenture AA+ 0.00 - 0.89 0.89

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Nov-2021

*As on 31-Oct-2021

Fund Manager

— Mithraem Bharucha since 17-Aug-2021

Education: Mr. Bharucha is a BMS and MBA

Experience: Prior to joining BOI AXA Investment Managers Private Limited, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.

Funds Managed:


--

Change from previous, NAV as on 30-Nov-2021

Unclaimed IDCW Upto 3 yrs: ₹ 1,226.9964

Unclaimed Redemption Upto 3 yrs: ₹ 1,226.8682


Investment Strategy

The fund aims to generate reasonable market related returns by investing in Money Market instruments. Also seeks to provide high liquidity to investors. The scheme would be investing more than 80% into securities having average maturity less than or equal to 6 months with low risk profile.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: BOI AXA Mutual Fund
Launch Date: 03-Oct-2017
Return Since Launch: --
Benchmark: CRISIL Liquid Fund Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 537 Cr (As on 30-Nov-2021)
Expense: 0.53% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: --

Contact Information

AMC: BOI AXA Investment Managers Private Ltd.

Address: B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013

Email: [email protected]

Website: http://www.boiaxamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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