Fund Details
BOI AXA Manufacturing & Infrastructure Direct Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.21% |
| NAV | ₹22.15 (20 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹39 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y 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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bharti Airtel Ltd. | Communication | Equity | 4.5% |
| Honeywell Automation India Ltd. | Engineering | Equity | 4.3% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 4.2% |
| Tube Investments Of India Ltd. | Automobile | Equity | 4.1% |
| Gujarat Gas Ltd. | Chemicals | Equity | 3.7% |
| Reliance Industries Ltd. | Energy | Equity | 3.5% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 3.4% |
| Ultratech Cement Ltd. | Construction | Equity | 3.1% |
| Alkem Laboratories Ltd. | Healthcare | Equity | 3.1% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.0% |
Fund Managers
BOI AXA Manufacturing & Infrastructure Direct Growth Details
BOI AXA Manufacturing & Infrastructure Direct Growth is a Equity Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Alok Singh is the Current Fund Manager of BOI AXA Manufacturing & Infrastructure Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹39 Cr and the Latest NAV as of 20 Jan 2021 is ₹22.15.
The BOI AXA Manufacturing & Infrastructure Direct Growth is rated 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.
Investment Objective
The scheme seeks long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in manufacturing and infrastructure and related sectors.
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.
