| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.59% |
| NAV | ₹1007.4 (17 Jun 2019) |
|---|---|
| Fund Started | 12 Jun 2009 |
| Fund Size | ₹339 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Piramal Enterprises Ltd. | Healthcare | Bonds | 11.7% |
| Avendus Finance Pvt. Ltd. | Financial | Debenture | 8.6% |
| LIC Housing Finance Ltd. | Financial | CP | 8.3% |
| National Thermal Power Corp. Ltd. | Energy | CP | 8.3% |
| ICICI Bank Ltd. | Financial | CD | 8.3% |
| Axis Bank Ltd. | Financial | CD | 8.0% |
| Indusind Bank Ltd. | Financial | CD | 8.0% |
| National Bank For Agriculture & Rural Development | Financial | CP | 7.9% |
| Export-Import Bank Of India | Financial | CD | 7.8% |
| Aditya Birla Finance Ltd. | Financial | CP | 6.6% |
BOI AXA Mutual Fund started their mutual fund on 31/03/2008 and its managing total assets of Rs. 4,325 Cr. Its ranked at 29 as per total assets at end of 30th Sep 2017.
BOI AXA Investment Managers Private Limited is basically a joint venture between Bank of India and AXA Investment Managers, which is one of the key players in the financial protection industry. Both these companies are trusted brands and have a global presence. Bank of India has 5000 branches across the country and is spread over 22 countries and 5 continents.
AXA is located in 21 countries and has an asset under management of EUR 746 Billion. Bank of India holds 51% stake, while AXA Investment Manager holds 49%.
BOI AXA Mutual Funds provide different schemes under various categories of mutual funds, like equity, debt and hybrid. An investor can choose the respective scheme as per his/her risk appetite and investment duration. The AMC always aims to keep investor's objective as its focal point.