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BOI AXA Mutual Fund
BOI AXA Mutual Fund is a joint venture between a leading Bank – Bank of India and AXA Investment Managers which is a part of AXA Group. AXA Group is one the biggest players in the world of finance. Previously, the Mutual Fund was known by the name of Bharti AXA Mutual Fund. On May 7, 2012, Bank of India acquired majority stakes (51%) in the Bharti AXA investor Management Private Limited. Thus, the fund was renamed to BOI AXA MF. The company offers various different schemes such as open-ended funds, Equity Funds, etc. The objective of the schemes is to provide maximum returns to the investors.
Bank of India is one of India’s largest banks with a wide presence of over 5000 branches across India. It also has presence globally in 22 countries that are spread over five continents. On the other hand, AXA Investment Managers (AXA IM) is one of the world’s bigger asset management groups. It recorded assets of EUR 679 billion as on 30th June 2016. AXA IM has a strong team of over 2000 employees working in over 65 countries across the world.
| AMC | BOI AXA Mutual Fund |
|---|---|
| Date of Setup | March 31, 2008 |
| AUM | INR 5692.02 crore (Jun-30-2018) |
| CEO/MD | Mr Sandeep Dasgupta |
| CIO | Mr. Alok Singh |
| Compliance Officer | Mr. Rajesh Chawathe |
| Investor Service Officer | N. Chandrasekaran |
| Customer Care Number | 1800-103-2263/1800-266-2676 |
| Telephone | 022-40479000 |
| Fax | 022-40479001 |
| service[AT]boiaxa-im.com | |
| Website | www.boiaxa-im.com |
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Types of Mutual Funds Offered by BOI AXA
BOI AXA Mutual Fund offers many schemes to cater the diverse requirements of the individuals. For exmaple, people having a low-risk appetite can invest in debt funds and vice versa. BOI AXA Mutual Fund offers schemes under the following listed cateogries.
Equity Funds
Equity funds is the Mutual Fund category where the corpus money is invested in equity shares of various companies. Equity funds are classified into Large cap funds, mid cap funds, Small cap funds, and so on. The returns on equity funds are not fixed. They can be considered as a long-term investment option. Some of the top and Best equity funds offered by BOI AXA Mutual Fund are as shown in the table given below.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) BOI AXA Tax Advantage Fund Growth ₹168.91
↓ -0.33 ₹1,453 -4.3 -1 23.5 18.8 24.8 34.8 BOI AXA Large and Mid Cap Equity Fund Growth ₹86.79
↓ -0.13 ₹374 -7 -2.1 18.3 16.6 19.4 29.3 BOI AXA Manufacturing and Infrastructure Fund Growth ₹55.65
↓ -0.04 ₹539 -7.7 -1.2 27.9 25 30.1 44.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Dec 24
Debt Funds
Debt funds are a good option for investors having a low-risk appetite. The returns on debt funds are considered more consistent in comparison to equity funds. Debt funds are classified into various categories based on the maturity profile of their assets like Liquid Funds, ultra-short-term debt funds, short-term debt funds, and so on. Some of the top and Best Debt Funds of BOI AXA Mutual Fund include:
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity BOI AXA Ultra Short Duration Fund Growth ₹3,050.45
↑ 0.74 ₹185 1.6 3.2 6.6 5.7 6.2 7.46% 5M 19D 5M 23D BOI AXA Liquid Fund Growth ₹2,902.81
↑ 0.57 ₹1,657 1.7 3.5 7.4 6.4 7 7.05% 1M 24D 1M 24D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Dec 24
Hybrid Funds
Hybrid funds enjoy the advantage of both equity funds and debt funds. These schemes invest their accumulated fund money in a combination of both equity and fixed Income instruments. These funds are categorized into two types depending on the proportion of equity investments in their Portfolio. If the equity investments in the portfolio is more than 65% then, the fund is known as Hybrid Fund and if the equity investment is less than 65% then, it is known as Monthly Income Plan (MIP). The top and best hybrid funds of BOI AXA are:
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) BOI AXA Conservative Hybrid Fund Growth ₹33.2962
↓ -0.02 ₹67 1,000 -0.4 1 7.5 13.4 11.8 10.9 BOI AXA Mid and Small Cap Equity and Debt Fund Growth ₹38.93 ₹1,054 1,000 -0.8 4.2 26.3 18 26.6 33.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Dec 24
(Erstwhile BOI AXA Corporate Credit Spectrum Fund) The Scheme’s investment objective is to generate capital appreciation over the long term by investing predominantly in corporate debt across the credit spectrum within the universe of investment grade rating. To achieve this objective, the Scheme will seek to make investments in rated, unrated instruments and structured obligations of public and private companies. BOI AXA Credit Risk Fund is a Debt - Credit Risk fund was launched on 27 Feb 15. It is a fund with Moderate risk and has given a Below is the key information for BOI AXA Credit Risk Fund Returns up to 1 year are on (Erstwhile BOI AXA Equity Fund) The Scheme seeks to generate income and long-term capital appreciation
by investing through a diversified portfolio of predominantly large cap
and mid cap equity and equity related securities including equity derivatives.
The Scheme is in the nature of large and mid cap fund. The Scheme is not
providing any assured or guaranteed returns BOI AXA Large and Mid Cap Equity Fund is a Equity - Large & Mid Cap fund was launched on 21 Oct 08. It is a fund with Moderately High risk and has given a Below is the key information for BOI AXA Large and Mid Cap Equity Fund Returns up to 1 year are on The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.(There can be no assurance that the investment objectives of the Scheme will be realized.) BOI AXA Tax Advantage Fund is a Equity - ELSS fund was launched on 25 Feb 09. It is a fund with Moderately High risk and has given a Below is the key information for BOI AXA Tax Advantage Fund Returns up to 1 year are on (Erstwhile BOI AXA Treasury Advantage Fund) The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments.
The Scheme is not providing any assured or guaranteed returns. Further, there is also no assurance that the investment objective of the Scheme will be achieved. BOI AXA Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 16 Jul 08. It is a fund with Moderately Low risk and has given a Below is the key information for BOI AXA Ultra Short Duration Fund Returns up to 1 year are on 1. BOI AXA Credit Risk Fund
CAGR/Annualized return of 1.7% since its launch. Return for 2023 was 5.6% , 2022 was 143.1% and 2021 was 9.4% . BOI AXA Credit Risk Fund
Growth Launch Date 27 Feb 15 NAV (27 Dec 24) ₹11.8075 ↑ 0.00 (0.02 %) Net Assets (Cr) ₹115 on 30 Nov 24 Category Debt - Credit Risk AMC BOI AXA Investment Mngrs Private Ltd Rating Risk Moderate Expense Ratio 1.56 Sharpe Ratio -0.71 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-12 Months (4%),12-24 Months (3%),24-36 Months (2%),36 Months and above(NIL) Yield to Maturity 7.01% Effective Maturity 8 Months 19 Days Modified Duration 7 Months 2 Days Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹5,547 30 Nov 21 ₹6,069 30 Nov 22 ₹14,728 30 Nov 23 ₹15,534 30 Nov 24 ₹16,495 Returns for BOI AXA Credit Risk Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Dec 24 Duration Returns 1 Month 0.4% 3 Month 1.5% 6 Month 2.5% 1 Year 6.2% 3 Year 39.6% 5 Year 10.6% 10 Year 15 Year Since launch 1.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 5.6% 2022 143.1% 2021 9.4% 2020 -44.4% 2019 -45.2% 2018 -0.3% 2017 9.3% 2016 11.2% 2015 2014 Fund Manager information for BOI AXA Credit Risk Fund
Name Since Tenure Alok Singh 27 Feb 15 9.77 Yr. Data below for BOI AXA Credit Risk Fund as on 30 Nov 24
Asset Allocation
Asset Class Value Cash 30.31% Debt 69.31% Other 0.38% Debt Sector Allocation
Sector Value Corporate 62.8% Cash Equivalent 30.31% Government 6.51% Credit Quality
Rating Value AA 85.58% AAA 14.42% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aditya Birla Real Estate Limited
Debentures | -10% ₹12 Cr 1,200,000 7.99% Rashtriya Chemicals And Fertilizers Limited
Debentures | -9% ₹10 Cr 1,000,000 Nirma Limited
Debentures | -9% ₹10 Cr 1,000,000
↑ 1,000,000 JSW Steel Limited
Debentures | -9% ₹10 Cr 1,000,000 360 One Prime Limited
Debentures | -9% ₹10 Cr 1,000,000 Gic Housing Finance Limited
Debentures | -9% ₹10 Cr 1,000,000 Manappuram Finance Limited
Debentures | -9% ₹10 Cr 1,000,000 Godrej Industries Limited
Debentures | -9% ₹10 Cr 1,000,000 National Bank For Agriculture And Rural Development
Debentures | -7% ₹7 Cr 750,000
↑ 750,000 Corporate Debt Market Development Fund
Investment Fund | -0% ₹0 Cr 414 2. BOI AXA Large and Mid Cap Equity Fund
CAGR/Annualized return of 14.3% since its launch. Ranked 33 in Large & Mid Cap category. Return for 2023 was 29.3% , 2022 was 1.9% and 2021 was 33.8% . BOI AXA Large and Mid Cap Equity Fund
Growth Launch Date 21 Oct 08 NAV (27 Dec 24) ₹86.79 ↓ -0.13 (-0.15 %) Net Assets (Cr) ₹374 on 30 Nov 24 Category Equity - Large & Mid Cap AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.64 Sharpe Ratio 1.55 Information Ratio 0.35 Alpha Ratio 3.57 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹11,145 30 Nov 21 ₹15,363 30 Nov 22 ₹16,514 30 Nov 23 ₹19,389 30 Nov 24 ₹25,038 Returns for BOI AXA Large and Mid Cap Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Dec 24 Duration Returns 1 Month -1.9% 3 Month -7% 6 Month -2.1% 1 Year 18.3% 3 Year 16.6% 5 Year 19.4% 10 Year 15 Year Since launch 14.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 29.3% 2022 1.9% 2021 33.8% 2020 17.5% 2019 8.5% 2018 -15.1% 2017 42.1% 2016 1.3% 2015 -2.3% 2014 41.1% Fund Manager information for BOI AXA Large and Mid Cap Equity Fund
Name Since Tenure Nitin Gosar 27 Sep 22 2.18 Yr. Data below for BOI AXA Large and Mid Cap Equity Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 28.43% Basic Materials 13.67% Consumer Cyclical 11.8% Technology 11% Industrials 8.16% Health Care 7.78% Energy 5.3% Communication Services 3.54% Consumer Defensive 3.06% Utility 2.5% Real Estate 1.37% Asset Allocation
Asset Class Value Cash 3.4% Equity 96.6% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | HDFCBANK7% ₹26 Cr 152,177 State Bank of India (Financial Services)
Equity, Since 30 Sep 23 | SBIN4% ₹14 Cr 171,639 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 24 | TCS4% ₹14 Cr 34,562 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 22 | LT4% ₹13 Cr 37,209 Indus Towers Ltd Ordinary Shares (Communication Services)
Equity, Since 31 Jan 24 | 5348163% ₹12 Cr 340,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 20 | RELIANCE3% ₹12 Cr 86,874 Indian Bank (Financial Services)
Equity, Since 30 Sep 23 | 5328143% ₹11 Cr 194,053 Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 24 | 5002953% ₹11 Cr 235,403
↑ 15,668 Tata Technologies Ltd (Technology)
Equity, Since 30 Sep 24 | TATATECH3% ₹10 Cr 99,595 Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 30 Nov 23 | HEROMOTOCO3% ₹9 Cr 18,290 3. BOI AXA Tax Advantage Fund
CAGR/Annualized return of 19.5% since its launch. Ranked 13 in ELSS category. Return for 2023 was 34.8% , 2022 was -1.3% and 2021 was 41.5% . BOI AXA Tax Advantage Fund
Growth Launch Date 25 Feb 09 NAV (27 Dec 24) ₹168.91 ↓ -0.33 (-0.19 %) Net Assets (Cr) ₹1,453 on 30 Nov 24 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.37 Sharpe Ratio 1.91 Information Ratio 0.46 Alpha Ratio 7.81 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹12,546 30 Nov 21 ₹18,192 30 Nov 22 ₹19,034 30 Nov 23 ₹23,238 30 Nov 24 ₹31,012 Returns for BOI AXA Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Dec 24 Duration Returns 1 Month 0.3% 3 Month -4.3% 6 Month -1% 1 Year 23.5% 3 Year 18.8% 5 Year 24.8% 10 Year 15 Year Since launch 19.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 34.8% 2022 -1.3% 2021 41.5% 2020 31.2% 2019 14.6% 2018 -16.3% 2017 57.7% 2016 -1.2% 2015 2.1% 2014 44% Fund Manager information for BOI AXA Tax Advantage Fund
Name Since Tenure Alok Singh 27 Apr 22 2.6 Yr. Data below for BOI AXA Tax Advantage Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 26.27% Industrials 16.29% Basic Materials 15.38% Technology 10.7% Consumer Cyclical 5.46% Utility 4.64% Energy 3.81% Consumer Defensive 3.78% Health Care 3.53% Real Estate 1.52% Communication Services 0.99% Asset Allocation
Asset Class Value Cash 7.63% Equity 92.37% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK5% ₹76 Cr 440,000
↑ 20,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN4% ₹62 Cr 752,000 Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 24 | 5002954% ₹56 Cr 1,211,000 Prudent Corporate Advisory Services Ltd (Financial Services)
Equity, Since 31 Oct 23 | 5435273% ₹40 Cr 130,000 NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 5325553% ₹39 Cr 955,000 Ami Organics Ltd (Basic Materials)
Equity, Since 31 May 24 | 5433492% ₹34 Cr 172,000 General Insurance Corp of India (Financial Services)
Equity, Since 29 Feb 24 | GICRE2% ₹31 Cr 850,696 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE2% ₹30 Cr 228,000 Siemens Ltd (Industrials)
Equity, Since 30 Jun 22 | 5005502% ₹29 Cr 41,000 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 23 | HAL2% ₹28 Cr 67,000 4. BOI AXA Ultra Short Duration Fund
CAGR/Annualized return of 7% since its launch. Ranked 9 in Ultrashort Bond category. Return for 2023 was 6.2% , 2022 was 4.4% and 2021 was 3.2% . BOI AXA Ultra Short Duration Fund
Growth Launch Date 16 Jul 08 NAV (27 Dec 24) ₹3,050.45 ↑ 0.74 (0.02 %) Net Assets (Cr) ₹185 on 30 Nov 24 Category Debt - Ultrashort Bond AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 1.29 Sharpe Ratio -2.23 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.46% Effective Maturity 5 Months 23 Days Modified Duration 5 Months 19 Days Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹10,511 30 Nov 21 ₹10,835 30 Nov 22 ₹11,279 30 Nov 23 ₹11,991 30 Nov 24 ₹12,781 Returns for BOI AXA Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Dec 24 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.2% 1 Year 6.6% 3 Year 5.7% 5 Year 5.1% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2023 6.2% 2022 4.4% 2021 3.2% 2020 4.9% 2019 7.5% 2018 7.6% 2017 8% 2016 9.1% 2015 8.7% 2014 9.3% Fund Manager information for BOI AXA Ultra Short Duration Fund
Name Since Tenure Mithraem Bharucha 17 Aug 21 3.29 Yr. Data below for BOI AXA Ultra Short Duration Fund as on 30 Nov 24
Asset Allocation
Asset Class Value Cash 72.94% Debt 26.82% Other 0.24% Debt Sector Allocation
Sector Value Cash Equivalent 72.94% Corporate 21.37% Government 5.45% Credit Quality
Rating Value AA 6.25% AAA 93.75% Top Securities Holdings / Portfolio
Name Holding Value Quantity LIC Housing Finance Ltd
Debentures | -6% ₹10 Cr 1,000,000 National Bank For Agriculture And Rural Development
Debentures | -6% ₹10 Cr 1,000,000
↑ 1,000,000 Power Finance Corporation Ltd.
Debentures | -6% ₹10 Cr 1,000,000 Godrej Industries Limited
Debentures | -6% ₹10 Cr 1,000,000 India (Republic of)
- | -5% ₹9 Cr 950,000 Rural Electrification Corporation Limited
Debentures | -5% ₹9 Cr 900,000
↑ 900,000 364 DTB 28112024
Sovereign Bonds | -3% ₹5 Cr 500,000 HDFC Bank Limited
Debentures | -2% ₹4 Cr 400,000 364 Day T-Bill 30.01.25
Sovereign Bonds | -1% ₹1 Cr 100,000 Corporate Debt Market Development Fund
Investment Fund | -0% ₹0 Cr 400
List of Name Change in Schemes of BOI AXA Mutual Fund
After SEBI's (Securities and Exchange Board of India) circulation on re-categorisation and rationalisation of open-ended Mutual Funds, many Mutual Fund Houses are incorporating changes in their scheme names and categories. SEBI introduced new and broad categories in Mutual Funds in order to bring uniformity in similar schemes launched by the different Mutual Funds. This is to aim and ensure that investors can find it easier to compare the products and evaluate the different options available before Investing in a scheme.
Here is a list of BOI AXA schemes that got new names:
| Existing Scheme Name | New Scheme Name |
|---|---|
| BOI AXA Corporate Credit Spectrum Fund | BOI AXA Credit Risk Fund |
| BOI AXA Equity Fund | BOI AXA Large and Mid Cap Equity Fund |
| BOI AXA Mid Cap Equity And Debt fund | BOI AXA Mid and Small Cap Equity and Debt Fund |
| BOI AXA Regular Return Fund | BOI AXA Conservative Hybrid Fund |
| BOI AXA Treasury Advantage Fund | BOI AXA Ultra Short Duration Fund |
*Note-The list will be updated as and when we get an insight about the changes in the scheme names.
BOI AXA SIP Calculator
sip calculator also known as mutual fund calculator helps people to assess their savings amount and shows how the SIP investment grows over a given timeframe. SIP Calculator is offered by many fund houses so that individuals can use it to decide on the type of schemes which they need to invest.
Know Your Monthly SIP Amount
BOI AXA Mutual Fund NAV
BOI AXA Mutual Fund NAV can be found on the AMFI website. The latest NAV can also be found on the asset management company’s website. You can also check for the historical NAV of the BOI AXA Mutual Fund on the AMFI website.
Why Opt for BOI AXA?
a. Variety of Schemes
BOI AXA Mutual Fund offers a variety of schemes giving investors with a wide Range of options to choose from.
b. Risk Management
The company implements strong risk management and risk control methods in order to minimise the risk Factor in the mutual fund investment.
c. Innovative Products
It offers innovative products to customers such as Liq-uity and SIP Shield to the customers.
d. Suitable for Everyone
Schemes of BOI AXA Mutual Fund are designed to cater the needs of investors with any type of risk appetite – low, average or high.
Corporate Address
B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013
Sponsor(s)
Bank of India and AXA Investment Managers
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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