| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.68% |
| NAV | ₹10.16 (29 Oct 2020) |
|---|---|
| Fund Started | 14 Mar 2014 |
| Fund Size | ₹89 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 7.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.8% |
| India Grid Trust | Engineering | Equity | 4.5% |
| IRB InvIT Fund | Construction | Equity | 3.8% |
| Torrent Pharmaceuticals Ltd. | Healthcare | Equity | 3.5% |
| JSW Steel Ltd. | Metals | Equity | 3.4% |
| Vedanta Ltd. | Metals | Equity | 3.0% |
| BOI AXA Arbitrage Fund Direct - Growth | Financial | Mutual Fund | 2.7% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 2.5% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.4% |
BOI AXA Equity Debt Rebalancer Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 14 Mar 2014. Saurabh Kataria, Piyush Baranwal is the Current Fund Manager of BOI AXA Equity Debt Rebalancer Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹89 Cr and the Latest NAV as of 29 Oct 2020 is ₹10.16.
The BOI AXA Equity Debt Rebalancer Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units more than 10% of the investments, an exit load of 1% if redeemed within 1 year.
The scheme aims at generating long term returns with lower volatility by following a disciplined allocation between equity and debt securities. The equity allocation will be determined based on the month end P/E ratio of the CNX Nifty Index.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.