1M
6M
1Y
3Y
5Y
All
| NAV: 13 May 2024 | ₹13.29 |
| Min. SIP amount | ₹1,000 |
| Rating | 1 |
| Fund size | ₹28.97Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.3% | 4.9% | 4.6% | 4.9% |
| Category average | 7.3% | 5.3% | 5.0% | NA |
| Rank with in category | 24 | 24 | 21 | NA |
Understand terms
Holdings (73)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Bank of India Liquid Fund Direct-Growth | NA | Mutual Fund | 10.15% |
Reliance Industries Ltd. | Energy | Equity | 6.69% |
Larsen & Toubro Ltd. | Construction | Equity | 6.19% |
HDFC Bank Ltd. | Financial | Equity | 5.93% |
Reserve Bank of India | Financial | T-Bills | 5.65% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 4.57% |
Indian Oil Corporation Ltd. | Energy | Equity | 4.49% |
Reserve Bank of India | Financial | T-Bills | 3.84% |
Bank Of Baroda | Financial | Equity | 3.63% |
Canara Bank | Financial | Equity | 3.07% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Cons
Lower expense ratio: 0.24%
3Y and 5Y annualised returns lower than category average
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Low rating: 1
1Y annualised returns higher than category average by 0.02%
Expense ratio, exit load and tax
Expense ratio: 0.24%
Inclusive of GST
Exit load
Exit load of 0.50% if redeemed within 30 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Alok SinghDec 2021 - PresentView details
Alok Singh
Dec 2021 - Present
View details
Education
Mr. Singh is a CFA and PGDBA from ICFAI Business School.
Experience
Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
E-mail
[email protected]
BOI AXA Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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