BOI AXA Large & Mid Cap Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Alok Singh is the Current Fund Manager of BOI AXA Large & Mid Cap Equity Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹174 Cr and the Latest NAV as of 20 Nov 2019 is ₹38.10.
The BOI AXA Large & Mid Cap Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units more than 10% of the investments, an exit load of 1% if redeemed within 1 year..
To generate income and long-term capital appreciation through a diversified portfolio of predominantly equity and equity-related securities including equity derivatives, across all market capitalizations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns. The investment performance will be benchmarked against S&P CNX Nifty Index However there can be no assurance that the investment objectives of the Scheme will be realized.
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)
Min for First Investment
Min for Second Investment
For units more than 10% of the investments, an exit load of 1% if redeemed within 1 year.