Fund Details
BOI AXA Mid & Small Cap Equity & Debt Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.66% |
| NAV | ₹16.82 (11 May 2021) |
|---|---|
| Fund Started | 20 Jul 2016 |
| Fund Size | ₹309 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y 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. Higher expense ratio - 1.66%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| APL Apollo Tubes Ltd. | Metals | Equity | 5.1% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 3.7% |
| Persistent Systems Ltd. | Technology | Equity | 3.7% |
| Astral Ltd. | Chemicals | Equity | 3.5% |
| Axis Bank Ltd. | Financial | CD | 3.2% |
| Gujarat Gas Ltd. | Chemicals | Equity | 3.2% |
| Atul Ltd. | Chemicals | Equity | 3.1% |
| Computer Age Management Services Ltd. | Financial | Equity | 2.7% |
| Sequent Scientific Ltd. | Healthcare | Equity | 2.5% |
| EPL Ltd. | Chemicals | Equity | 2.2% |
Fund Managers
BOI AXA Mid & Small Cap Equity & Debt Fund Direct IDCW Details
BOI AXA Mid & Small Cap Equity & Debt Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹309 Cr and the Latest NAV as of 11 May 2021 is ₹16.82.
The BOI AXA Mid & Small Cap Equity & Debt Fund Direct IDCW is rated Very 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 to provide capital appreciation and income distribution to investors from a portfolio constituting of mid and small cap equity and equity related securities as well as fixed income securities.
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.
