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2 star

BOI AXA Large & Mid Cap Equity Fund - Direct Plan


Equity: Large & MidCap

1 Lakh

Investment Grown to
₹ 1.01 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.47 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

This fund invests in a combination of large and medium-sized companies, thereby providing some degree of flexibility to the fund management team to invest in companies of different sizes, depending upon where it expects maximum gains. We believe this flexibility is good for fund investors but we suggest one should also consider multi cap funds which offer complete freedom to fund managers to choose companies of different sizes.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large and mid cap 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 -8.86 -0.76 2.78 4.46 14.53 -8.05 -1.57 0.38 4.54 10.32 --
S&P BSE Large Mid Cap TRI -10.87 -0.80 2.73 5.54 22.50 -9.94 -5.80 3.38 6.35 11.05 --
Equity: Large & MidCap -9.90 -0.71 2.53 4.74 19.66 -9.28 -4.24 1.28 6.26 14.20 --
Rank within category 8 16 9 19 27 8 7 12 15 17 --
Number of funds in category 26 27 27 27 27 27 24 20 20 18 0

As on 08-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BOI AXA Large & Mid Cap Equity Fund - Direct Plan  | Invest Online
2 star
Jan-13 -1.57 0.38 4.54 1.60 156
Mirae Asset Emerging Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 3.11 6.01 13.01 0.86 8,808
Canara Robeco Emerging Equities Fund - Direct Plan  | Invest Online
5 star
Jan-13 -0.05 3.09 9.78 0.77 4,788
Kotak Equity Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 0.67 3.72 8.42 0.90 3,009
Invesco India Growth Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 -2.79 5.36 7.99 1.04 2,249

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.78 (01-Apr-2020 - 09-Apr-2020) -19.53 (16-Mar-2020 - 23-Mar-2020)
Month 21.43 (23-Mar-2020 - 22-Apr-2020) -35.32 (20-Feb-2020 - 23-Mar-2020)
Quarter 28.64 (23-Mar-2020 - 22-Jun-2020) -31.35 (23-Dec-2019 - 23-Mar-2020)
Year 63.68 (03-Sep-2013 - 03-Sep-2014) -24.87 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.33 22.59 -0.13 -0.14 1.00 -2.78
S&P BSE Large Mid Cap TRI 4.95 21.15 -0.02 -0.02 -- --
Equity: Large & MidCap 3.31 22.03 -0.09 -0.09 1.00 -1.80
Rank within category 14 15 14 14 11 14
Number of funds in category 22 22 22 22 22 22

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 59
Top 10 Stocks (%) 34.71
Top 5 Stocks (%) 21.37
Top 3 Sectors (%) 47.42
Portfolio P/B Ratio 3.93
Portfolio P/E Ratio 26.83

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 60,232 58,297
Giant (%) 37.00 41.06
Large (%) 15.90 12.73
Mid (%) 46.25 42.85
Small (%) 0.86 5.18
Tiny (%) -- 0.12

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
up Bharti Airtel Communication -- 6.29 0.00 6.29
up Reliance Industries Energy 31.00 5.07 0.00 4.24
equal PI Industries Chemicals 51.00 3.98 0.00 3.96
equal Honeywell Automation Engineering 51.99 3.88 0.00 3.65
equal Divi's Laboratories Healthcare 41.60 3.23 0.00 3.23
down ICICI Bank Financial 24.98 6.48 0.00 2.97
down HDFC Bank Financial 22.62 5.23 2.32 2.94
down HDFC Financial 15.63 4.24 0.00 2.54
up Ultratech Cement Construction 19.02 2.51 0.00 2.51
equal SRF Diversified 21.75 2.47 0.00 2.38
equal Indraprastha Gas Energy 22.87 2.34 0.00 2.34
down Pidilite Industries Chemicals 62.55 2.62 0.00 2.27
down Dr. Lal Pathlabs Healthcare 67.35 2.57 0.00 2.27
equal Relaxo Footwears FMCG 70.23 2.14 0.00 2.07
down Hindustan Unilever FMCG 75.66 4.43 0.00 2.05
up Dr. Reddy's Lab Healthcare 31.69 2.04 0.00 2.04
up UPL Chemicals 18.93 2.12 0.00 1.98
equal Petronet LNG Energy 14.68 1.94 0.00 1.94
up Infosys Technology 20.01 3.72 0.00 1.89
down Glaxosmithkline Pharma Healthcare 268.46 2.08 0.00 1.79
up Natco Pharma Healthcare 26.57 1.79 0.00 1.79
up Kotak Mahindra Bank Financial 31.44 4.13 0.00 1.73
down Dabur India FMCG 57.68 2.89 0.00 1.71
up Tata Consultancy Services Technology 25.58 3.39 0.00 1.65
up Pfizer Healthcare 36.65 2.22 0.00 1.61

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-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:


-0.76%

Change from previous, NAV as on 08-Jul-2020

Growth: ₹ 35.1600

Dividend Quarterly: ₹ 10.5400

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Dividend: ₹ 11.0300

Bonus: ₹ 18.1700


Investment Strategy

The scheme aims at income and long-term capital appreciation by investing through a diversified portfolio of predominantly large cap and mid cap equity and equity-related securities including equity derivatives.

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: 8.89%
Benchmark: S&P BSE 250 Large MidCap TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 156 Cr (As on 31-May-2020)
Expense: 1.60% (As on 31-May-2020)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 153.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend25-Mar-20190.8854

 26-Dec-20181.7708
 26-Mar-20181.0000
 27-Mar-20171.0000
 28-Mar-20161.0000
 18-Dec-20145.0000
 25-Mar-20140.5000
Dividend Quarterly25-Mar-20190.1771

 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-Mar-20170.1500
 26-Dec-20160.1919
 27-Sep-20160.2000
 27-Jun-20160.1000
 28-Mar-20160.2000
 28-Dec-20150.3000
 25-Mar-20156.4000

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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