BOI AXA Equity Debt Rebalancer Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was introduced to investors on 14 Mar 2014. Saurabh Kataria, Piyush Baranwal is the Current Fund Manager of BOI AXA Equity Debt Rebalancer Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹142 Cr and the Latest NAV as of 22 Aug 2019 is ₹9.3.
The BOI AXA Equity Debt Rebalancer Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 200000. For units more than 10% of the investments, an exit load of 1% if redeemed within 1 year..
Investment Objective
BOI AXA Equity Debt Rebalancer Fund 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. There is no assurance that the investment objectives of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Tax Implications
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.
Scheme Information Document(SID)
₹200000
Min for First Investment
₹200000
Min for Second Investment
For units more than 10% of the investments, an exit load of 1% if redeemed within 1 year.
Exit Load