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Unrated

BOI AXA Bluechip Fund - Direct Plan


Equity: Large Cap

Suitability:

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

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like for 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-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 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 -- -0.26 1.42 7.43 -- -- -- -- -- -- --
S&P BSE 100 TRI -- -0.03 1.30 7.63 -- -- -- -- -- -- --
Equity: Large Cap -- -0.09 1.01 7.50 -- -- -- -- -- -- --
Rank within category -- 67 30 32 -- -- -- -- -- -- --
Number of funds in category 71 82 81 81 78 74 68 57 49 49 0

As on 24-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BOI AXA Bluechip Fund - Direct Plan  | Invest Online
Unrated
Jun-21 -- -- -- 1.02 100
Axis Bluechip Fund - Direct Plan
5 star
Jan-13 64.21 23.08 19.67 0.46 32,213
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 67.82 17.80 15.74 1.09 30,089
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 64.37 20.01 17.69 0.54 29,425
UTI Mastershare Fund - Direct Plan  | Invest Online
4 star
Jan-13 70.16 20.26 16.25 1.02 9,293

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.10 27-Aug-2021 - 03-Sep-2021 -0.86 04-Aug-2021 - 11-Aug-2021
Month 7.71 24-Aug-2021 - 23-Sep-2021 2.57 07-Jul-2021 - 06-Aug-2021
Quarter -- - -- -
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 100 TRI* 16.13 22.19 0.54 0.64 -- --
Equity: Large Cap* 15.62 21.72 0.54 0.63 0.96 -0.01
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 39
Top 10 Stocks (%) 41.58
Top 5 Stocks (%) 26.78
Top 3 Sectors (%) 55.31
Portfolio P/B Ratio 5.49
Portfolio P/E Ratio 40.46

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,23,937 2,91,312
Giant (%) 57.09 66.13
Large (%) 36.90 26.48
Mid (%) 4.75 9.73
Small (%) 1.27 2.39
Tiny (%) -- --

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 ICICI Bank Financial 25.04 6.52 4.82 6.16
up HDFC Bank Financial 27.01 5.63 4.81 5.63
up Reliance Industries Energy 34.86 5.33 4.59 5.33
up Infosys Technology 36.51 5.11 4.59 4.88
up Bajaj Finance Financial 105.49 4.78 3.11 4.78
up Avenue Supermarts Services 248.03 3.19 2.73 3.19
up Godrej Consumer Products FMCG 61.24 3.00 2.36 3.00
up Tata Consultancy Services Technology 41.59 2.92 2.44 2.92
equal Tech Mahindra Technology 30.54 2.90 1.98 2.90
up Titan Company Consumer Durable 144.66 2.79 2.34 2.79
up Divi's Laboratories Healthcare 66.09 2.73 2.47 2.67
up HDFC Financial 25.45 2.51 1.91 2.51
up Tata Consumer Products FMCG 107.88 2.38 1.91 2.38
equal SBI Cards & Payments Services Financial 106.17 2.27 1.63 2.19
equal Torrent Pharmaceuticals Healthcare 41.60 2.46 1.97 2.18
equal L&T Infotech Technology 54.21 2.01 1.48 1.99
equal Jubilant FoodWorks Services 144.90 2.14 1.55 1.98
up State Bank of India Financial 15.73 1.96 1.60 1.96
up Kotak Mahindra Bank Financial 40.43 1.92 1.59 1.91
equal Axis Bank Financial 28.96 1.96 1.63 1.91
down Info Edge (India) Services 58.45 2.32 1.89 1.89
equal Bajaj Finserv Financial 72.13 1.84 0.00 1.84
equal Asian Paints Chemicals 94.66 1.93 1.63 1.83
equal Marico FMCG 62.84 2.03 1.64 1.77
equal ICICI Prudential Life Insurance Co. Ltd. Insurance 200.06 1.90 1.40 1.74

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-Aug-2021

Fund Manager

— Aakash Manghani since 01-Sep-2021

Education: Mr. Manghani has done Bachelors in Engineering

Experience: Prior to joining BOI AXA Mutual Fund he has worked with Pioneer Investcorp Ltd., Girik Capital and Amdocs Ltd.

Funds Managed:

— Alok Singh since 01-Sep-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:


-0.26%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 11.4200

IDCW: ₹ 11.4200


Investment Strategy

The scheme seeks to provide investors with the opportunities long term capital appreciation by investing predominantly in equity and equity-related instruments of large cap companies.

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: 29-Jun-2021
Return Since Launch: 14.20%
Benchmark: NIFTY 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 100 Cr (As on 31-Aug-2021)
Expense: 1.02% (As on 31-Aug-2021)
Risk Grade: --
Return Grade: --
Turnover: --

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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DateThursday, 30-Sep-2021
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