Bank of IndiaOI AXA Balanced Advantage Fund Regular IDCW

Bank of IndiaOI AXA Balanced Advantage Fund Regular IDCW is a Hybrid Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Saurabh Kataria, Piyush Baranwal is the Current Fund Manager of Bank of IndiaOI AXA Balanced Advantage Fund Regular IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,798 Cr and the Latest NAV as of 08 Feb 2023 is ₹13.06. The Bank of IndiaOI AXA Balanced Advantage Fund Regular IDCW is rated Very High risk. Minimum SIP Investment is set to ₹1,000. 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. ;