BOI AXA Conservative Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Alok Singh is the Current Fund Manager of BOI AXA Conservative Hybrid Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹120 Cr and the Latest NAV as of 20 Nov 2019 is ₹19.53.
The BOI AXA Conservative Hybrid Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. 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 in fixed income securities and also to generate long term capital appreciation by investing a portion in equity and equity related instruments.However, there can be no assurance that the income can be generated, regular or otherwise,or the investment objectives of the Scheme will be realized
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.
Scheme Information Document(SID)
₹1000
Min for First Investment
₹200000
Min for Second Investment
Exit load of 1% if units in excess of 10% of the initial units allotted are redeemed within 1 year
Exit Load