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


1 Lakh

Investment Grown to
₹ 1.23 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.57 Lakh

Analyst's Choice?

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 6.08 1.03 1.84 7.42 8.43 15.19 4.34 7.10 -- -- --
VR Balanced TRI 0.63 0.49 -0.66 0.33 5.08 7.96 13.29 13.09 -- -- --
Hybrid: Aggressive Hybrid 2.00 0.57 0.08 2.12 5.31 8.99 11.07 8.81 -- -- --
Rank within category 1 1 1 1 2 1 37 24 -- -- --
Number of funds in category 43 43 43 42 42 42 38 31 24 23 21

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 6.58 (09-Oct-2018 - 16-Oct-2018) -6.65 (16-Oct-2018 - 23-Oct-2018)
Month 9.13 (18-Feb-2019 - 20-Mar-2019) -14.81 (07-Sep-2018 - 09-Oct-2018)
Quarter 15.09 (29-Sep-2017 - 01-Jan-2018) -14.95 (27-Jul-2018 - 26-Oct-2018)
Year 50.67 (26-Dec-2016 - 26-Dec-2017) -24.00 (03-Aug-2018 - 05-Aug-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.29 14.88 0.11 0.12 1.05 -6.75
VR Balanced TRI 13.65 10.24 0.77 1.18 -- --
Hybrid: Aggressive Hybrid 9.64 9.97 0.40 0.62 0.85 -2.86
Rank within category 29 32 30 30 32 30
Number of funds in category 32 32 32 32 32 32

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

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Top 10 Holdings (%) 34.18
Top 5 Holdings (%) 19.58
Top 3 Sectors (%) 44.52
Portfolio P/B Ratio 4.63
Portfolio P/E Ratio 27.23

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 Indian Bank 2020 Certificate of Deposit A1+ 0.00 - 4.37 4.37
equal HDFC 362-D 02/03/2020 Commercial Paper A1+ 0.00 - 2.95 2.95
equal 8.58% Aadhar Housing Finance 23/06/2020 Structured Obligation AA 0.00 - 2.85 1.77
equal 8.35% REC 13/03/2022 Debenture AAA 0.00 - 1.52 1.52
equal National Bank Agr. Rur. Devp 18/03/2020 Commercial Paper A1+ 0.00 - 1.18 1.18
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
equal Sintex-BAPL 31/12/2021 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 City Union Bank Financial 23.90 5.33 0.00 5.08
equal Cholamandalam Invest. & Fin. Financial 19.34 3.70 0.00 3.43
down AU Small Finance Bank Financial 48.59 3.82 0.00 3.35
equal Abbott India Healthcare 50.95 3.35 0.00 3.35
equal Astral Poly Technik Chemicals 68.31 3.02 0.00 3.02
equal Alkem Laboratories Healthcare 30.36 3.00 0.00 3.00
equal Navin Fluorine International Chemicals 33.43 2.88 0.35 2.88
down Relaxo Footwears FMCG 81.65 3.28 0.00 2.75
equal L&T Technology Services Engineering 22.50 2.78 0.00 2.58
equal PI Industries Chemicals 45.46 2.58 0.00 2.58
equal Timken India Engineering 40.37 2.74 0.58 2.53
down Kansai Nerolac Paints Chemicals 51.44 3.07 0.00 2.41
equal Atul Chemicals 21.43 2.31 0.00 2.31
equal Vinati Organics Chemicals 33.19 3.19 0.00 2.13
equal Dilip Buildcon Construction 9.37 3.87 0.00 2.06
equal Kalpataru Power Trans Construction 15.89 2.55 0.00 2.03
equal Aarti Industries Chemicals 27.60 4.01 0.81 1.98
equal Cera Sanitaryware Construction 30.15 1.93 0.00 1.93
equal Indraprastha Gas Energy 33.96 2.07 0.00 1.85
equal Apollo Hospitals Healthcare 69.63 1.80 0.00 1.80
equal Lemon Tree Hotels Services 101.19 2.40 0.00 1.75
equal Sanofi India Healthcare 38.53 1.67 0.00 1.67
equal Nippon Life India Asset Management Financial 39.14 1.67 0.00 1.67
equal Symphony Cons Durable 67.64 2.14 0.00 1.66
equal Mahanagar Gas Energy 16.14 1.65 0.00 1.65

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-2019

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:


1.03%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 12.7400

Dividend: ₹ 11.2600


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: 7.13%
Benchmark: NIFTY Mid Small Cap 400 TRI (70), CRISIL Short-Term Bond (30)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 336 Cr (As on 31-Dec-2019)
Expense: 2.66% (As on 31-Dec-2019)
Risk Grade: High
Return Grade: Low
Turnover: 128.00%

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: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

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How worrisome is the slowdown

dateFriday, 31-Jan-2020
time12:30 PM - 01:00 PM