Fund Details
BOI AXA Mid & Small Cap Equity & Debt Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.77% |
| NAV | ₹16.74 (15 Jan 2021) |
|---|---|
| Fund Started | 20 Jul 2016 |
| Fund Size | ₹317 Cr |
Returns
Comparison
1. 1Y 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
3. Higher expense ratio - 1.78%
4. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 6.3% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 4.8% |
| PI Industries Ltd. | Chemicals | Equity | 3.3% |
| EPL Ltd. | Chemicals | Equity | 3.2% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.1% |
| Atul Ltd. | Chemicals | Equity | 2.8% |
| APL Apollo Tubes Ltd. | Metals | Equity | 2.7% |
| Manappuram Finance Ltd. | Financial | Equity | 2.5% |
| Gujarat Gas Ltd. | Chemicals | Equity | 2.4% |
| Astral Poly Technik Ltd. | Chemicals | Equity | 2.4% |
Fund Managers
BOI AXA Mid & Small Cap Equity & Debt Fund Direct Growth Details
BOI AXA Mid & Small Cap Equity & Debt Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹317 Cr and the Latest NAV as of 15 Jan 2021 is ₹16.74.
The BOI AXA Mid & Small Cap Equity & Debt Fund Direct Growth 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.
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.
