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4 star

BOI AXA Manufacturing & Infrastructure Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.47 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.79 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 30.77 0.14 1.76 7.32 10.75 34.19 82.78 13.65 17.60 13.96 --
S&P BSE India Infrastructure TRI 40.55 0.89 3.66 9.78 10.39 42.07 89.85 8.25 12.61 7.62 --
Equity: Sectoral-Infrastructure 32.13 0.04 1.22 8.01 10.09 36.14 80.12 11.10 13.84 11.73 --
Rank within category 9 6 3 13 7 13 5 4 3 4 --
Number of funds in category 20 20 20 20 20 20 20 20 20 19 0

As on 11-Jun-2021

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 - Direct Plan  | Invest Online
4 star
Jan-13 82.78 13.65 17.60 1.21 50
Franklin Build India Fund - Direct Plan  | Invest Online Now
4 star
Jan-13 77.11 13.67 15.42 1.32 1,028
Tata Infrastructure Fund - Direct Plan  | Invest Online
4 star
Jan-13 79.13 12.38 13.36 1.76 631
SBI Infrastructure Fund - Direct Plan  | Invest Online
4 star
Jan-13 69.05 13.00 13.44 1.98 624
ICICI Prudential Infrastructure Fund - Direct Plan  | Invest Now
3 star
Jan-13 82.38 11.90 13.38 1.93 1,516

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 12.91 12-May-2014 - 19-May-2014 -17.80 16-Mar-2020 - 23-Mar-2020
Month 29.45 07-May-2014 - 06-Jun-2014 -32.01 20-Feb-2020 - 23-Mar-2020
Quarter 43.41 03-Mar-2014 - 02-Jun-2014 -25.62 23-Dec-2019 - 23-Mar-2020
Year 102.84 23-Mar-2020 - 23-Mar-2021 -28.56 29-Jan-2018 - 29-Jan-2019

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 13.73 25.09 0.38 0.46 0.73 5.82
S&P BSE India Infrastructure TRI 9.23 30.43 0.16 0.24 -- --
Equity: Sectoral-Infrastructure 12.91 27.82 0.32 0.38 0.86 4.40
Rank within category 6 2 6 4 2 5
Number of funds in category 20 20 20 20 20 20

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

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Top 10 Stocks (%) 33.57
Top 5 Stocks (%) 19.20
Top 3 Sectors (%) 58.59
Portfolio P/B Ratio 3.76
Portfolio P/E Ratio 27.98

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 22,936 45,278
Giant (%) 10.01 30.61
Large (%) 15.49 14.43
Mid (%) 49.22 29.63
Small (%) 24.64 26.96
Tiny (%) 0.64 1.45

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
equal Tube Investments Of India Automobile 127.77 5.20 0.00 4.60
equal Honeywell Automation Engineering 78.37 7.10 0.00 3.84
equal Divi's Laboratories Healthcare 58.00 4.42 0.00 3.76
equal Dixon Technologies Engineering 153.53 4.22 0.00 3.61
equal APL Apollo Tubes Metals 49.90 3.98 0.42 3.39
equal Gujarat Gas Chemicals 32.55 4.40 0.00 3.20
up SAIL Metals 13.45 3.05 0.00 3.05
equal Astral Chemicals 96.12 2.91 1.00 2.79
up Ultratech Cement Construction 35.20 3.09 0.00 2.67
down Bharti Airtel Communication -- 7.41 0.00 2.66
up Larsen & Toubro Construction 18.22 6.54 2.31 2.63
up ABB India Ltd. Engineering 111.03 2.56 0.00 2.56
up Birla Corporation Construction 15.17 2.50 0.00 2.50
equal NMDC Metals 14.35 2.32 0.00 2.32
up Balrampur Chini Mills FMCG 15.22 2.30 0.00 2.30
up Kalpataru Power Trans Construction 9.72 4.30 0.00 2.23
equal KNR Constructions Construction 15.40 3.52 1.26 2.19
equal Torrent Power Energy 17.30 2.25 0.62 2.11
down Kajaria Ceramics Construction 70.50 3.39 0.00 2.11
equal VST Tillers Tractors Engineering 24.50 2.72 0.00 2.08
up Chambal Fertilisers & Chem. Chemicals 7.25 2.03 0.00 2.03
equal PI Industries Chemicals 58.30 3.72 0.00 1.95
down Reliance Industries Energy 30.46 7.35 0.00 1.93
up Alkyl Amines Chemicals Chemicals 62.17 2.01 0.00 1.90
up Orient Electric Engineering 54.17 2.72 0.00 1.88

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-May-2021

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:


0.14%

Change from previous, NAV as on 11-Jun-2021

Growth: ₹ 27.7100

IDCW Quarterly: ₹ 27.2500

IDCW: ₹ 26.1600


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 (₹) --
Lock-in Period Not Applicable
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: 01-Jan-2013
Return Since Launch: 14.93%
Benchmark: S&P BSE India Infrastructure TRI (50), S&P BSE India Manufacturing TRI (50)
Riskometer: Very High
Type: Open-ended
Assets: ₹ 50 Cr (As on 31-May-2021)
Expense: 1.21% (As on 30-Apr-2021)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 74.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW27-Mar-20170.5000

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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