Fund Details
BOI AXA Conservative Hybrid Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.00% |
| NAV | ₹23.43 (23 Jul 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹53 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. Higher expense ratio - 2.0%
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | Debenture | 9.9% |
| REC Ltd. | Financial | Debenture | 9.6% |
| Power Finance Corporation Ltd. | Financial | Debenture | 9.4% |
| Axis Bank Ltd. | Financial | CD | 8.3% |
| Bharat Petroleum Corporation Ltd. | Energy | Debenture | 5.0% |
| Power Grid Corporation of India Ltd. | Energy | Bonds | 4.8% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.6% |
| GOI | Sovereign | GOI Sec | 2.8% |
| State Bank of India | Financial | Equity | 2.5% |
Fund Managers
BOI AXA Conservative Hybrid Fund Direct Growth Details
BOI AXA Conservative Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Alok Singh is the Current Fund Manager of BOI AXA Conservative Hybrid Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹53 Cr and the Latest NAV as of 23 Jul 2021 is ₹23.43.
The BOI AXA Conservative Hybrid Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000. Exit load of 1% if units in excess of 10% of the initial units allotted are redeemed within 1 year
Investment Objective
The Scheme seeks to generate regular income through investments of a substantial portion in fixed income securities and long term capital appreciation by investing upto 20% of the net assets in equity and equity related instruments. The scheme will seek to build a well-diversified, high credit portfolio that minimizes liquidity risk and credit risk.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
