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1 star

BOI AXA Balanced Advantage Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.13 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.06 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, 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 balanced hybrid fund, if you need to redeem your investment in less than five years."

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

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 2.20 -0.80 0.40 3.09 0.57 4.23 7.68 4.31 4.47 4.86 --
VR Balanced TRI 4.78 0.25 1.49 6.77 0.08 13.68 24.46 18.11 16.30 11.98 --
Hybrid: Dynamic Asset Allocation 1.51 -0.57 0.04 2.44 -0.44 6.48 15.63 11.86 9.65 8.57 --
Rank within category 4 25 2 6 3 22 24 18 12 10 --
Number of funds in category 28 29 29 28 26 25 24 18 12 10 6

As on 18-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BOI AXA Balanced Advantage Fund - Regular Plan  | Invest Online
1 star
Mar-14 7.68 4.31 4.47 2.52% 65
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 15.66 13.26 11.53 1.68% 37,879
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
Aug-18 13.20 13.42 -- 1.77% 12,750
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 18.97 17.39 14.38 1.80% 7,048
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
Apr-00 14.68 13.00 10.25 1.83% 6,569

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.84 01-Apr-2020 - 09-Apr-2020 -9.16 16-Mar-2020 - 23-Mar-2020
Month 9.38 24-Mar-2020 - 23-Apr-2020 -15.86 20-Feb-2020 - 23-Mar-2020
Quarter 13.80 24-Mar-2020 - 23-Jun-2020 -13.65 23-Dec-2019 - 23-Mar-2020
Year 26.73 23-Mar-2020 - 23-Mar-2021 -17.33 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.71 9.82 0.00 0.00 0.44 -5.81
VR Balanced TRI 16.94 17.88 0.74 0.86 -- --
Hybrid: Dynamic Asset Allocation 11.52 12.24 0.64 0.70 0.63 -0.46
Rank within category 19 4 19 19 2 19
Number of funds in category 19 19 19 19 19 19

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

As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 61
Top 10 Holdings (%) 44.39
Top 5 Holdings (%) 24.72
Top 3 Sectors (%) 28.23
Portfolio P/B Ratio 3.83
Portfolio P/E Ratio 25.99
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 364-D 24/03/2022 Treasury Bills SOV 0.00 - 6.36 5.09
equal Reserve Bank of India 364-D 06/01/2022 Treasury Bills SOV 0.00 - 4.69 4.29
equal Sintex-BAPL 31/12/2022 Debenture D 0.00 - 0.00 0.00

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

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 32.63 10.98 3.56 6.23
equal India Grid Trust Engineering -- 5.67 0.00 4.72
up Sun Pharmaceutical Industries Healthcare 32.26 4.42 0.00 4.37
up Tata Consumer Products FMCG 91.22 5.12 0.00 4.31
down IRB InvIT Fund Construction -- 5.87 0.00 4.21
up Tata Consultancy Services Technology 38.48 4.71 2.02 3.83
equal BOI AXA Arbitrage Fund Direct-G Financial -- 3.83
up Divi's Laboratories Healthcare 55.67 4.11 0.00 3.51
up ICICI Bank Financial 26.45 3.84 1.69 3.38
up JSW Steel Metals 8.17 4.12 0.82 2.82
equal Tata Power Company Energy 54.62 2.95 0.00 2.74
up Larsen & Toubro Construction 32.41 3.26 0.01 2.50
up Asian Paints Chemicals 96.69 3.58 1.03 2.34
up HDFC Financial 22.77 6.83 1.19 2.20
up State Bank of India Financial 16.07 2.07 0.00 2.07
up HDFC Bank Financial 23.35 7.40 1.94 2.07
equal United Spirits FMCG 79.83 2.32 0.00 2.06
up Ultratech Cement Construction 33.01 2.05 0.00 2.05
equal Marico FMCG 53.70 2.04 0.00 1.73
equal Info Edge (India) Services 7.60 2.07 0.00 1.71
equal Avenue Supermarts Services 195.89 5.03 0.64 1.67
up Hindustan Unilever FMCG 64.66 2.26 0.00 1.57
up Dr. Reddy's Lab Healthcare 39.75 3.37 0.00 1.39
up Mahindra & Mahindra Automobile 26.93 1.84 0.00 1.37
up Bharti Airtel Communication 136.71 5.11 0.00 1.31

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-Dec-2021

Fund Manager

— Alok Singh since 01-Dec-2021

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:


-0.80%

Change from previous, NAV as on 18-Jan-2022

Growth: ₹ 16.7572

IDCW: ₹ 11.6918


Investment Strategy

The scheme aims at providing long term capital appreciation / income from a dynamic mix of equity and debt investments.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. 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: 14-Mar-2014
Return Since Launch: 6.79%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 65 Cr (As on 31-Dec-2021)
Expense: 2.52% (As on 31-Dec-2021)
Risk Grade: Average
Return Grade: Low
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW29-Jul-20210.4000

 25-Jun-20180.0245
 27-Dec-20170.2000
 26-Sep-20170.2000
 27-Jun-20170.2000
 27-Mar-20170.2000
 26-Dec-20160.1990
 27-Sep-20160.1648
 27-Jun-20160.1398
 28-Mar-20160.1445
 28-Dec-20150.1445
 28-Sep-20150.1445
 29-Jun-20150.1806
 25-Mar-20150.1815
 18-Dec-20140.1815
 25-Sep-20140.3896
 25-Jun-20140.1948

Contact Information

AMC: BOI Star Investment Managers Private Limited

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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