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BOI AXA Manufacturing & Infrastructure Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.18 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.57 Lakh

Analyst's Choice?

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 1.90 -2.46 -5.40 -3.70 2.09 10.13 10.42 5.80 5.41 11.69 --
S&P BSE India Infrastructure TRI -8.03 -1.76 -5.47 -8.52 -9.87 -6.19 -10.88 -5.75 -1.00 6.67 --
Equity: Sectoral-Infrastructure -4.72 -3.06 -7.09 -7.81 -5.18 3.07 3.41 2.28 3.93 11.46 --
Rank within category 2 2 1 2 2 2 4 4 7 7 --
Number of funds in category 20 20 20 20 20 20 20 20 18 17 0

As on 28-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 12.91 (12-May-2014 - 19-May-2014) -8.80 (29-May-2018 - 05-Jun-2018)
Month 29.45 (07-May-2014 - 06-Jun-2014) -18.45 (07-Sep-2018 - 09-Oct-2018)
Quarter 43.41 (03-Mar-2014 - 02-Jun-2014) -20.23 (29-May-2013 - 28-Aug-2013)
Year 83.47 (03-Sep-2013 - 03-Sep-2014) -28.56 (29-Jan-2018 - 29-Jan-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.46 19.36 0.20 0.26 0.92 9.36
S&P BSE India Infrastructure TRI -0.35 18.74 -0.32 -0.49 -- --
Equity: Sectoral-Infrastructure 7.66 17.72 0.13 0.21 0.87 7.23
Rank within category 7 17 10 11 16 4
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-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 55
Top 10 Stocks (%) 36.98
Top 5 Stocks (%) 20.77
Top 3 Sectors (%) 58.82
Portfolio P/B Ratio 3.25
Portfolio P/E Ratio 20.96

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 15,843 36,909
Giant (%) 15.63 32.88
Large (%) 8.16 12.96
Mid (%) 33.29 26.47
Small (%) 41.20 28.37
Tiny (%) 1.73 1.52

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 Honeywell Automation Engineering 63.07 5.23 0.00 5.23
down Reliance Industries Energy 19.42 6.33 0.00 4.29
equal Larsen & Toubro Construction 17.00 7.05 3.03 4.16
equal Alkem Laboratories Healthcare 28.42 3.64 0.00 3.64
equal Dilip Buildcon Construction 14.69 5.69 0.00 3.45
equal Kajaria Ceramics Construction 30.62 3.39 0.00 3.39
up Bharti Airtel Communication -- 3.36 0.00 3.36
equal Kalpataru Power Trans Construction 10.08 4.30 1.12 3.24
equal HG Infra Engineering Construction 10.41 3.30 0.00 3.12
equal KNR Constructions Construction 12.86 3.88 1.53 3.10
down Timken India Engineering 29.67 3.41 0.00 2.94
equal Astral Poly Technik Chemicals 66.56 3.10 0.00 2.69
equal Gujarat Gas Chemicals 17.85 2.56 0.00 2.56
equal Tube Investments Of India Automobile 32.91 2.51 0.00 2.51
equal PNC Infratech Services 6.99 2.64 0.00 2.32
equal PI Industries Chemicals 44.71 2.18 0.00 2.18
equal Orient Electric Engineering 68.32 2.06 0.00 2.06
equal Divi's Laboratories Healthcare 44.01 2.05 0.00 2.05
equal Ahluwalia Contracts Construction 28.60 2.77 0.00 1.95
equal Ircon International Construction 10.07 1.88 0.00 1.88
equal Brigade Enterprises Construction 25.22 1.69 0.00 1.69
equal AIA Engineering Metals 27.85 3.24 0.95 1.66
equal APL Apollo Tubes Metals 19.85 3.40 1.24 1.61
down Aarti Industries Chemicals 31.51 3.79 1.21 1.61
new Dhanuka Agritech Chemicals 17.36 1.56 0.00 1.56

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-Jan-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:


-2.46%

Change from previous, NAV as on 28-Feb-2020

Growth: ₹ 16.6400

Dividend Quarterly: ₹ 16.3700

Dividend: ₹ 15.7100


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: 01-Jan-2013
Return Since Launch: 9.73%
Benchmark: S&P BSE India Infrastructure TRI (50), S&P BSE India Manufacturing TRI (50)
Riskometer: High
Type: Open-ended
Assets: ₹ 43 Cr (As on 31-Jan-2020)
Expense: 1.24% (As on 31-Jan-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 89.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend27-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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