1M
6M
1Y
3Y
5Y
All
| NAV: 24 May 2024 | ₹25.94 |
| Min. SIP amount | ₹1,000 |
| Rating | 2 |
| Fund size | ₹125.97Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 28.1% | 16.4% | 10.9% | 9.8% |
| Category average | 25.6% | 12.7% | 12.1% | NA |
| Rank with in category | 11 | 3 | 19 | NA |
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Holdings (65)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reliance Industries Ltd. | Energy | Equity | 7.88% |
Canara Bank | Financial | CD | 7.88% |
HDFC Bank Ltd. | Financial | Equity | 5.55% |
State Bank of India | Financial | Equity | 3.87% |
Larsen & Toubro Ltd. | Construction | Equity | 3.68% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 3.13% |
ICICI Bank Ltd. | Financial | Equity | 2.92% |
GOI | Sovereign | GOI Sec | 2.92% |
IRB InvIT Fund | Construction | InvITs | 2.72% |
Bank of India Arbitrage Fund Direct - Growth | NA | Mutual Fund | 2.25% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
Cons
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
5Y and 10Y annualised returns lower than category average
Higher alpha: 2.77
The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index - in the last 3Y
Higher expense ratio: 1.4%
Consistently higher annualised returns than category average for the past 1Y and 3Y
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 1.40%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
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.
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Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Alok SinghDec 2021 - PresentView details
Alok Singh
Dec 2021 - Present
View details
Education
Mr. Singh is a CFA and PGDBA from ICFAI Business School.
Experience
Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
E-mail
[email protected]
BOI AXA Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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