1M
6M
1Y
3Y
5Y
All
| NAV: 16 Sep 2024 | ₹13.64 |
| Min. SIP amount | ₹1,000 |
| Rating | 1 |
| Fund size | ₹35.68Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.6% | 5.5% | 4.8% | 5.1% |
| Category average | 7.5% | 5.7% | 5.1% | NA |
| Rank with in category | 24 | 24 | 22 | NA |
Understand terms
Holdings (75)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Bank of India Liquid Fund Direct-Growth | NA | Mutual Fund | 13.87% |
HDFC Bank Ltd. | Financial | Equity | 7.01% |
Reliance Industries Ltd. | Energy | Equity | 5.27% |
Larsen & Toubro Ltd. | Construction | Equity | 4.93% |
Reserve Bank of India | Financial | T-Bills | 4.67% |
Indian Oil Corporation Ltd. | Energy | Equity | 3.55% |
Info Edge (India) Ltd. | Services | Equity | 3.28% |
Reserve Bank of India | Financial | T-Bills | 3.18% |
Bank Of Baroda | Financial | Equity | 2.98% |
Glenmark Pharmaceuticals Ltd. | Healthcare | Equity | 2.96% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Lower expense ratio: 0.23%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
1Y annualised returns higher than category average by 0.24%
Higher alpha: 1.78
The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y
Cons
3Y and 5Y annualised returns lower than category average
Low rating: 1
Expense ratio, exit load and tax
Expense ratio: 0.23%
Inclusive of GST
Exit load
Exit load of 0.50% if redeemed within 30 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Alok SinghDec 2021 - PresentView details
Alok Singh
Dec 2021 - Present
View details
Education
Mr. Singh is a CFA and PGDBA from ICFAI Business School.
Experience
Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
E-mail
[email protected]
BOI AXA Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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