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5 star

BOI AXA Manufacturing & Infrastructure Fund


Equity: Sectoral-Infrastructure

1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.71 Lakh

Suitability:

This is a fund that invests mainly in shares of companies engaged in infrastructure-related activities or are expected to benefit from them.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other infrastructure fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 6.65 1.46 5.67 9.12 22.84 -0.12 12.18 3.04 4.42 13.42 3.95
S&P BSE India Infrastructure TRI -19.34 1.52 3.68 -0.77 12.64 -18.84 -19.46 -12.03 -2.64 4.41 0.68
Equity: Sectoral-Infrastructure -11.40 0.90 3.39 2.92 19.49 -14.20 -6.98 -4.37 0.73 11.72 3.75
Rank within category 1 4 1 2 3 1 1 1 1 7 8
Number of funds in category 21 21 21 21 21 21 21 21 20 19 17

As on 10-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BOI AXA Manufacturing & Infrastructure Fund  | Invest Online
5 star
Mar-10 12.18 3.04 4.42 2.49 37
L&T Infrastructure Fund  | Invest Online
4 star
Sep-07 -11.30 -5.95 2.02 2.25 1,138
Franklin Build India Fund  | Invest Online Now
4 star
Sep-09 -13.53 -3.73 1.96 2.41 889
SBI Infrastructure Fund  | Invest Online
4 star
Jul-07 -0.52 0.57 4.12 2.57 429
Nippon India Power & Infra Fund  | Invest Online
3 star
May-04 -3.55 -3.96 2.26 2.37 1,079

Best & Worst Performance

Best (Period) Worst (Period)
Week 12.95 (12-May-2014 - 19-May-2014) -17.83 (16-Mar-2020 - 23-Mar-2020)
Month 29.26 (07-May-2014 - 06-Jun-2014) -32.12 (20-Feb-2020 - 23-Mar-2020)
Quarter 43.09 (03-Mar-2014 - 02-Jun-2014) -25.88 (23-Dec-2019 - 23-Mar-2020)
Year 82.11 (03-Sep-2013 - 03-Sep-2014) -31.86 (31-Dec-2010 - 02-Jan-2012)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.77 24.31 -0.10 -0.13 0.89 12.51
S&P BSE India Infrastructure TRI -11.52 24.90 -0.67 -0.83 -- --
Equity: Sectoral-Infrastructure -3.48 25.23 -0.33 -0.39 0.95 7.26
Rank within category 3 8 3 3 7 3
Number of funds in category 21 21 21 21 21 21

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 52
Top 10 Stocks (%) 40.71
Top 5 Stocks (%) 24.06
Top 3 Sectors (%) 51.65
Portfolio P/B Ratio 3.07
Portfolio P/E Ratio 23.40

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 20,353 36,861
Giant (%) 19.01 30.90
Large (%) 7.91 14.12
Mid (%) 37.75 26.77
Small (%) 34.14 28.43
Tiny (%) 1.19 2.38

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Bharti Airtel Communication -- 7.41 0.00 6.51
equal Honeywell Automation Engineering 60.30 7.10 0.00 5.09
equal Reliance Industries Energy 33.97 6.33 0.00 4.46
equal Alkem Laboratories Healthcare 24.42 5.30 0.00 4.31
equal Larsen & Toubro Construction 16.11 7.05 3.03 3.69
equal Timken India Engineering 31.63 3.62 0.00 3.60
equal Divi's Laboratories Healthcare 52.15 3.85 0.00 3.53
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 3.33
equal Gujarat Gas Chemicals 20.98 4.04 0.00 3.20
up Dixon Technologies Engineering 94.17 3.19 0.00 3.19
up PI Industries Chemicals 57.63 3.13 0.00 3.13
down Tube Investments Of India Automobile 60.10 2.83 0.00 2.81
equal GMM Pfaudler Engineering 130.75 2.95 0.00 2.64
equal Ultratech Cement Construction 21.49 2.50 0.00 2.39
equal Orient Electric Engineering 115.21 2.72 0.00 2.23
equal CCL Products (I) FMCG 20.42 2.27 0.00 2.21
down Kajaria Ceramics Construction 37.18 3.39 0.00 2.19
up Granules India Healthcare 21.48 2.06 0.00 2.06
equal Torrent Power Energy 12.83 2.67 0.62 2.02
down Astral Poly Technik Chemicals 74.40 3.10 1.00 1.95
equal Mishra Dhatu Nigam Metals 25.14 2.20 0.00 1.88
equal Ircon International Construction 9.41 2.18 0.00 1.87
equal Power Grid Corporation Energy 10.85 6.43 0.00 1.87
equal UPL Chemicals 18.80 1.80 0.00 1.80
up APL Apollo Tubes Metals 21.99 3.40 0.42 1.54

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jul-2020

Fund Manager

— Alok Singh since 16-Feb-2017

Education: Mr. Singh is a CFA and PGDBA from ICFAI Business School.

Experience: Prior to joining BOI AXA AMC he has worked with BNP Paribas Asset Management and Axis Bank

Funds Managed:


1.46%

Change from previous, NAV as on 10-Aug-2020

Growth: ₹ 16.0300

Dividend Quarterly: ₹ 10.4100

Dividend: ₹ 10.4600


Investment Strategy

The scheme seeks long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in manufacturing and infrastructure and related sectors.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: BOI AXA Mutual Fund
Launch Date: 05-Mar-2010
Return Since Launch: 4.62%
Benchmark: S&P BSE India Infrastructure TRI (50), S&P BSE India Manufacturing TRI (50)
Riskometer: High
Type: Open-ended
Assets: ₹ 37 Cr (As on 31-Jul-2020)
Expense: 2.49% (As on 30-Jun-2020)
Risk Grade: Below Average
Return Grade: High
Turnover: 108.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend25-Jun-20190.4427

 25-Mar-20190.8854
 26-Dec-20180.8854
 26-Mar-20182.0000
 27-Mar-20171.0000
Dividend Quarterly25-Jun-20190.3940

 25-Mar-20190.8854
 26-Dec-20180.8854
 25-Sep-20180.2214
 25-Jun-20180.2214
 26-Mar-20180.2500
 27-Dec-20170.2500
 26-Sep-20170.2500
 27-Jun-20170.2500
 27-Mar-20170.2500
 26-Dec-20160.2000
 27-Sep-20160.2000
 28-Dec-20150.2500
 28-Sep-20150.3000

Contact Information

AMC: BOI AXA Investment Managers Private Ltd.

Address: B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013

Email: [email protected]

Website: http://www.boiaxamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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