Fund Details
BOI AXA Equity Debt Rebalancer Fund Direct Dividend
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.66% |
| NAV | ₹10.80 (22 Jan 2021) |
|---|---|
| Fund Started | 14 Mar 2014 |
| Fund Size | ₹80 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Higher expense ratio - 1.68%
4. 3Y Returns are lower than the category average returns
5. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| BOI AXA Arbitrage Fund Direct - Growth | Financial | Mutual Fund | 6.1% |
| India Grid Trust | Engineering | Equity | 5.7% |
| IRB InvIT Fund | Construction | Equity | 5.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.4% |
| Reliance Industries Ltd. | Energy | Equity | 4.1% |
| Torrent Pharmaceuticals Ltd. | Healthcare | Equity | 3.9% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.3% |
| Bharti Airtel Ltd. | Communication | Equity | 3.1% |
| Tata Consumer Products Ltd. | FMCG | Equity | 2.8% |
Fund Managers
BOI AXA Equity Debt Rebalancer Fund Direct Dividend Details
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 ₹80 Cr and the Latest NAV as of 22 Jan 2021 is ₹10.80.
The BOI AXA Equity Debt Rebalancer Fund Direct Dividend is rated Moderate 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.
Investment Objective
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.
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.
