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1 star

BOI AXA Balanced Advantage Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.03 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 7.51 -1.02 -1.21 -0.74 1.33 3.92 9.31 3.84 4.41 4.91 --
VR Balanced TRI 20.19 -2.54 -3.62 -5.85 2.48 11.43 28.09 16.61 15.44 11.10 --
Hybrid: Dynamic Asset Allocation 14.21 -1.10 -1.62 -1.86 2.62 7.55 18.64 11.53 9.59 8.47 --
Rank within category 24 13 6 2 23 26 25 18 12 10 --
Number of funds in category 25 29 29 27 26 26 25 18 12 10 6

As on 26-Nov-2021

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 9.31 3.84 4.41 2.25% 61
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 18.91 13.07 11.50 1.69% 36,816
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
Aug-18 16.10 13.23 -- 1.78% 11,813
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 23.68 16.44 14.14 1.82% 6,331
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
Apr-00 17.21 12.57 10.53 1.84% 6,124

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 4.93 9.86 0.11 0.09 0.44 -5.60
VR Balanced TRI 18.85 17.75 0.84 0.97 -- --
Hybrid: Dynamic Asset Allocation 12.21 12.26 0.68 0.73 0.63 -1.07
Rank within category 18 4 18 18 2 18
Number of funds in category 18 18 18 18 18 18

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

As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 35
Top 10 Holdings (%) 48.89
Top 5 Holdings (%) 28.25
Top 3 Sectors (%) 18.00
Portfolio P/B Ratio 4.49
Portfolio P/E Ratio 34.44
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 6.36
equal Reserve Bank of India 364-D 06/01/2022 Treasury Bills SOV 0.00 - 4.54 4.54
equal Sintex-BAPL 31/12/2021 Debenture D 0.00 - 0.00 0.00
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
equal Reliance Industries Energy 31.22 10.98 3.34 6.79
equal IRB InvIT Fund Construction -- 5.87 0.00 5.15
equal Tata Consumer Products FMCG 97.47 5.12 0.00 5.00
equal India Grid Trust Engineering -- 5.67 0.00 4.95
equal Sun Pharmaceutical Industries Healthcare 29.53 4.42 0.00 4.36
equal Divi's Laboratories Healthcare 61.32 4.11 0.00 4.11
equal BOI AXA Arbitrage Fund Direct-G Financial -- 4.07
equal ICICI Bank Financial 23.61 3.84 1.16 3.56
up Tata Consultancy Services Technology 34.84 4.71 2.02 3.33
equal Tata Power Company Energy 49.96 2.83 0.00 2.83
equal JSW Steel Metals 7.62 4.12 0.43 2.65
down HDFC Financial 23.83 6.83 1.19 2.50
equal United Spirits FMCG 76.43 2.32 0.00 2.32
equal Asian Paints Chemicals 92.65 3.58 0.95 2.27
equal Larsen & Toubro Construction 28.52 3.26 0.01 2.08
equal Marico FMCG 58.90 2.04 0.00 2.04
equal HDFC Bank Financial 24.13 7.40 1.98 2.00
equal Info Edge (India) Services 8.88 2.07 0.00 1.98
equal Ultratech Cement Construction 33.50 1.82 0.00 1.82
equal Avenue Supermarts Services 222.46 5.03 0.64 1.77
equal Hindustan Unilever FMCG 65.30 2.26 0.00 1.67
equal Mahindra & Mahindra Automobile 25.69 1.84 0.00 1.53
equal Dr. Reddy's Lab Healthcare 40.25 3.37 0.00 1.40
equal Nestle India FMCG 82.63 2.66 0.46 1.27
equal State Bank of India Financial 14.65 1.37 0.00 1.23

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-Oct-2021

Fund Manager

— Mithraem Bharucha since 17-Aug-2021

Education: Mr. Bharucha is a BMS and MBA

Experience: Prior to joining BOI AXA Investment Managers Private Limited, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.

Funds Managed:

— Ajay Khandelwal since 15-Jul-2019

Education: Mr. Khandelwal is MBA & Bachelor of Engineering.

Experience: Prior to joining with BOI AXA Mutual Fund, he has worked with B&K Securities & Infosys

Funds Managed:


-1.02%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 16.4490

IDCW: ₹ 11.4768


Investment Strategy

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

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: 14-Mar-2014
Return Since Launch: 6.67%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 61 Cr (As on 31-Oct-2021)
Expense: 2.25% (As on 31-Oct-2021)
Risk Grade: Below 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 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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Time12:30 PM - 01:00 PM

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