| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.79% |
| NAV | ₹11.55 (11 Aug 2020) |
|---|---|
| Fund Started | 20 Jul 2016 |
| Fund Size | ₹295 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Navin Fluorine International Ltd. | Chemicals | Equity | 5.4% |
| Axis Bank Ltd. | Financial | CD | 5.3% |
| LIC Housing Finance Ltd. | Financial | Debenture | 5.2% |
| Alkem Laboratories Ltd. | Healthcare | Equity | 4.1% |
| Abbott India Ltd. | Healthcare | Equity | 4.0% |
| PI Industries Ltd. | Chemicals | Equity | 3.2% |
| Atul Ltd. | Chemicals | Equity | 3.1% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 3.1% |
| City Union Bank Ltd. | Financial | Equity | 3.1% |
| Timken India Ltd. | Engineering | Equity | 3.0% |
BOI AXA Mid & Small Cap Equity & Debt Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 20 Jul 2016. Alok Singh, Ajay Khandelwal is the Current Fund Manager of BOI AXA Mid & Small Cap Equity & Debt Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹295 Cr and the Latest NAV as of 11 Aug 2020 is ₹11.55.
The BOI AXA Mid & Small Cap Equity & Debt Fund Direct Dividend is rated Moderately 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.
The Schemes investment objective is to generate capital appreciation and income distribution to investors from a portfolio constituting of mid cap equity and equity related securities as well as fixed income securities.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.