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 introduced 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.The fund currently has an Asset Under Management(AUM) of ₹336 Cr and the Latest NAV as of 17 Jan 2020 is ₹11.29.
The BOI AXA Mid & Small Cap Equity & Debt Fund Direct Dividend 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..
Investment Objective
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.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
For units more than 10% of the investments, an exit load of 1% if redeemed within 1 year.
Exit Load