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2 star

BOI AXA Mid & Small Cap Equity & Debt Fund - Regular Plan


Hybrid: Aggressive Hybrid

1 Lakh

Investment declined to
₹ 0.97 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.39 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.

Aggressive hybrid funds invest 65-80% of your money in equity shares and the rest in bonds and commodities. Their returns are slightly lower than pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to its sharp ups and downs.

Like 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 aggressive hybrid 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 -1.75 -0.42 1.90 4.24 7.66 -2.96 2.16 -1.05 -- -- --
VR Balanced TRI -8.40 -0.32 1.38 5.53 15.46 -8.98 -3.15 5.04 -- -- --
Hybrid: Aggressive Hybrid -7.02 -0.27 1.51 5.05 12.53 -7.76 -2.62 1.41 -- -- --
Rank within category 4 30 3 30 43 4 8 27 -- -- --
Number of funds in category 43 43 43 43 43 43 40 32 24 23 21

As on 10-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BOI AXA Mid & Small Cap Equity & Debt Fund - Regular Plan  | Invest Online
2 star
Jul-16 2.16 -1.05 -- 2.62 290
SBI Equity Hybrid Fund  | Invest Online
5 star
Dec-95 0.17 5.44 7.23 1.74 30,192
ICICI Prudential Equity & Debt Fund  | Invest Now
4 star
Nov-99 -6.25 1.55 6.32 1.75 17,423
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 3.47 4.03 7.25 1.89 5,406
Mirae Asset Hybrid Equity Fund - Regular Plan  | Invest Online
4 star
Jul-15 -0.45 5.13 -- 1.91 3,274

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.30 (01-Apr-2020 - 09-Apr-2020) -15.44 (16-Mar-2020 - 23-Mar-2020)
Month 14.02 (24-Mar-2020 - 23-Apr-2020) -28.13 (20-Feb-2020 - 23-Mar-2020)
Quarter 20.71 (24-Mar-2020 - 23-Jun-2020) -19.65 (23-Dec-2019 - 23-Mar-2020)
Year 50.67 (26-Dec-2016 - 26-Dec-2017) -25.31 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 0.56 20.24 -0.23 -0.25 0.96 -5.32
VR Balanced TRI 5.91 17.27 0.04 0.04 -- --
Hybrid: Aggressive Hybrid 2.29 16.30 -0.18 -0.19 0.90 -3.56
Rank within category 27 33 22 22 29 27
Number of funds in category 34 34 34 34 34 34

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 54
Top 10 Holdings (%) 42.49
Top 5 Holdings (%) 26.17
Top 3 Sectors (%) 48.92
Portfolio P/B Ratio 4.06
Portfolio P/E Ratio 26.35

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 Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 7.50 5.40
equal 8.80% LIC Housing Fin. 24/12/2020 Debenture AAA 0.00 - 5.64 5.26
equal 8.58% Aadhar Housing Finance 23/06/2020 Structured Obligation AA 1.65 - 2.85 2.07
equal 8.35% REC 13/03/2022 Debenture AAA 1.30 - 1.91 1.78
new 6.45% GOI 2029 GOI Securities SOV 0.00 - 5.13 0.89
new 5.79% GOI 2030 GOI Securities SOV 0.00 - 0.86 0.86
equal Sintex-BAPL 31/12/2021 Debenture D 0.00 - 0.00 0.00
equal Sintex-BAPL 31/12/2020 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 Navin Fluorine International Chemicals 20.83 6.26 0.35 6.26
equal Abbott India Healthcare 55.59 4.99 0.00 4.84
equal Alkem Laboratories Healthcare 25.68 4.93 0.00 4.41
up City Union Bank Financial 20.56 5.33 0.00 3.48
equal Atul Chemicals 20.60 3.58 0.00 3.42
equal Relaxo Footwears FMCG 69.79 3.33 0.00 3.33
equal PI Industries Chemicals 58.54 3.33 0.00 3.31
equal Indraprastha Gas Energy 22.84 2.78 0.00 2.78
down Timken India Engineering 30.06 2.99 0.58 2.76
equal Essel Propack Chemicals 29.92 2.65 0.00 2.50
down Metropolis Healthcare Healthcare 58.93 2.40 0.00 2.19
up Motilal Oswal Financial Financial 55.88 2.18 0.00 2.18
down Astral Poly Technik Chemicals 56.10 3.02 1.27 2.12
equal Mahanagar Gas Energy 12.07 2.11 0.00 2.11
equal Apollo Hospitals Healthcare 42.89 2.13 0.00 1.94
equal Aarti Industries Chemicals 30.46 4.01 0.81 1.92
equal L&T Technology Services Engineering 18.03 2.84 0.00 1.86
up Cholamandalam Invest. & Fin. Financial 16.21 3.70 0.00 1.56
equal Cera Sanitaryware Construction 25.44 1.93 0.45 1.52
down Glaxosmithkline Pharma Healthcare 270.27 1.74 0.00 1.49
down Narayana Hrudayalaya Healthcare 49.56 1.93 0.00 1.46
down Indian Railway Catering & Tourism Corpn. Services 42.41 2.14 0.00 1.17
equal Kajaria Ceramics Construction 24.21 1.50 0.00 1.15
up Tata Communications Communication -- 1.13 0.00 1.13
down AIA Engineering Metals 25.97 1.24 0.51 1.11

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

— Ajay Khandelwal since 01-Dec-2017

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:

— 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:


-0.42%

Change from previous, NAV as on 10-Jul-2020

Growth: ₹ 11.8000

Dividend: ₹ 10.4300


Investment Strategy

The scheme seeks to provide capital appreciation and income distribution to investors from a portfolio constituting of mid and small cap equity and equity related securities as well as fixed income securities.

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: 20-Jul-2016
Return Since Launch: 4.25%
Benchmark: NIFTY Mid Small Cap 400 TRI (70), CRISIL Short-Term Bond (30)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 290 Cr (As on 31-May-2020)
Expense: 2.62% (As on 31-May-2020)
Risk Grade: High
Return Grade: Average
Turnover: 150.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend26-Mar-20180.7500

 27-Jun-20170.7415

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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