Fund Details
BOI AXA Flexi Cap Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.79% |
| NAV | ₹15.11 (15 Apr 2021) |
|---|---|
| Fund Started | 29 Jun 2020 |
| Fund Size | ₹71 Cr |
Comparison
1. Lower expense ratio - 0.79%
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. Age is less than 5 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 4.0% |
| APL Apollo Tubes Ltd. | Metals | Equity | 3.8% |
| Infosys Ltd. | Technology | Equity | 3.2% |
| Persistent Systems Ltd. | Technology | Equity | 3.0% |
| State Bank of India | Financial | Equity | 2.5% |
| Reliance Industries Ltd. | Energy | Equity | 2.4% |
| ICICI Bank Ltd. | Financial | Equity | 2.3% |
| Computer Age Management Services Ltd. | Financial | Equity | 2.3% |
| Route Mobile Ltd. | Technology | Equity | 2.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.3% |
Fund Managers
BOI AXA Flexi Cap Fund Direct Growth Details
BOI AXA Flexi Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 29 Jun 2020. Alok Singh is the Current Fund Manager of BOI AXA Flexi Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹71 Cr and the Latest NAV as of 15 Apr 2021 is ₹15.11.
The BOI AXA Flexi Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. If unit beyond 10%, exit load of 1% if redeemed within 1 year.
Investment Objective
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity-related securities across various market capitalisation.
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.
