BOI AXA Investment Managers Private Limited
BOI AXA Investment Managers Private Limited is one of the world’s leading investment management firms in the Financial Protection industry and it is a joint venture between AXA Investment Managers and the Bank of India.
AXA Investment Managers is a leading asset manager, a part of the AXA Group. As on 31st December 2018, the estimated assets under management (AUM) of the firm are nearly EUR 730 billion and have the employee base of nearly 2350 employees spread across its network in 21 countries in America, Europe, Asia, and the Middle East.
Bank of India acquired 51% stakes in the then Bharti AXA Investment Managers Private Limited and Bharti AXA Trustee Services Private Limited on 7th May 2012. Bank of India became the Co-Sponsor along with AXA Investment Managers and then the fund was rebranded as ‘BOI AXA Mutual Fund’, and Bharti AXA Investment Managers was rebranded as ‘BOI AXA Investment Managers Private Limited’, and Bharti AXA Trustee Services was renamed as ‘BOI AXA Trustee Services Private Limited’.
The partnership brought together AXA’s global expertise in financial management and Bank of India’s massive network and experience in the Indian market.
There are three types of funds offered by BOI AXA Investment Managers Private Limited, namely Equity, Debt and Hybrid Funds.
Equity Funds
1. BOI AXA Large and Mid-Cap Equity Funds
BOI AXA Large and Mid-Cap is an open-ended equity fund introduced on 21st October 2008, in which the investment is made in both the large and mid-cap stocks.
The prime objective of this fund is to generate income and long-term growth of the capital by investing majorly in large and mid-cap equity and equity-related schemes including equity derivatives and the nature of the fund is in the large and mid-cap fund. However, the Scheme does not guarantee any assured returns.
Highlights
- A top-down approach is followed for the development of themes
- A bottom-up approach is followed for selection of stock
- Great risk control with a well-diversified portfolio
- Disciplined investment style leads to consistent profits
This scheme is perfect for investors who:
- Seek Long-term growth of capital
- Invest in equity and equity related schemes
2. BOI AXA Tax Advantage Fund
BOI AXA Tax Advantage Fund is an open-ended equity linked saving fund introduced on 25th February 2009, which has a mandatory lock-in period of 3years along with tax benefit.
The prime objective of this fund is to generate long-term growth of the capital by investing majorly in equity and equity related schemes across all market capitalization. The nature of the fund is multi-cap. However, the Scheme does not guarantee any assured returns.
Highlights
- Main agenda is to take full advantage of the midcap expertise managed by the expert equity team
- Addition tax benefit under Section 80C of Income Tax Act
- It is a pure equity fund, in which the full investment is made in equities
This scheme is perfect for investors who:
- Seek Long-term growth of capital
- Invest in equity and equity related schemes across market capitalizations.
3. BOI AXA Manufacturing and Infrastructure Fund
BOI AXA Manufacturing and Infrastructure Fund is an open-ended fund introduced on 5th March 2010, in which the investment is made in the manufacturing and infrastructure sectors.
The prime objective of this fund is to generate long-term growth of the capital by investing majorly in equity and equity related schemes across the infrastructure and manufacturing sector. However, the Scheme does not guarantee any assured returns.
Highlights
- Main agenda is to invest in infrastructure and manufacturing companies.
- Best suited for the investors who want to explore these specific sectors
- Prior to 19th January 2016, the fund was known as BOI AXA Focused Infrastructure Fund.
This scheme is perfect for investors who:
- Seek Long-term growth of capital
- Invest in equity and equity related schemes across the manufacturing and infrastructure sector.
4. BOI AXA Small-Cap Fund
BOI AXA Small-cap Fund is an open-ended fund introduced on 19th December 2018, in which the investment is majorly made in small-cap stocks.
The prime objective of this fund is to generate long-term growth of the capital by investing majorly in equity and equity related schemes of small-cap companies. However, the Scheme does not guarantee any assured returns.
Highlights
- Main agenda is to invest 65 to 100% of the assets in equity and equity related schemes of small-cap companies.
- The fund is flexible enough to invest the remaining 35% assets in other companies.
This scheme is perfect for investors who:
- Seek Long-term growth of capital
- Invest in equity and equity related schemes of small-cap companies.
Debt Funds
1. BOI AXA Liquid Funds
BOI AXA Liquid Fund is an open-ended liquid scheme introduced on 16th July 2008.
The prime objective of this fund is to generate modest market-related returns with high liquidity and low risk by investing in money market instruments and debt securities. However, the Scheme does not guarantee any assured returns.
Highlights
- The scheme is best suited for short-term deployment of funds.
- This fund works on the principles of liquidity, safety, and returns
- It is a perfect investment fund for short-term maturity of excess liquidity.
This scheme is perfect for investors who:
- Seek regular income in short-term
- Invest in Money market instruments and Debt securities
2. BOI AXA Ultra Short Duration Fund
BOI AXA Ultra Short Duration Fund is an open-ended ultra-short term scheme introduced on 16th July 2008, in which investment is made in schemes with Macaulay Duration between 3 to 6 months.
The prime objective of this fund is to generate modest market-related returns with high liquidity and low risk by investing in money market instruments and debt securities. However, the Scheme does not guarantee any assured returns.
Highlights
- The scheme is best suited for short-term deployment of funds ranging from 3 to 6 months.
- Ideal scheme for investment with short to medium maturity.
This scheme is perfect for investors who:
- Seek regular income in short or medium term
- Invest in Money market instruments and Debt securities with Macaulay Duration between 3 to 6 months.
3. BOI AXA Short Duration Fund
BOI AXA Short Duration Fund is an open-ended short term debt fund introduced on 18th December 2008, in which investment is made in schemes with Macaulay Duration between 1 to 3 years.
The prime objective of this fund is to generate modest market-related returns with high liquidity and low risk by investing in money market instruments and debt securities. However, the Scheme does not guarantee any assured returns.
Highlights
- The scheme is best suited for medium-term deployment of funds ranging from 1 to 3 years.
- Ideal alternative for fixed deposits along with tax efficiency and liquidity.
This scheme is perfect for investors who:
- Seek regular income in the medium term
- Invest in Money market instruments and Debt securities with Macaulay Duration between 1 to 3 years.
4. BOI AXA Credit Risk Fund
BOI AXA Credit Risk Fund is an open ended debt fund introduced on 27th February 2015, in which investment is majorly made in corporate bonds rated AA and below.
The prime objective of this fund is to generate long-term growth of capital by investing majorly in corporate bonds rated AA and below.
Highlights
- The scheme is best suited for long-term deployment of funds for at least 3 years.
- Seeks long-term growth of capital by investing majorly in corporate debt across the credit spectrum.
This scheme is perfect for investors who:
- Seek long-term capital growth
- Invest mainly in corporate bonds with a maturity period ranging from medium to long.
Hybrid Funds
1. BOI AXA Conservative Hybrid Fund
BOI AXA Conservative Hybrid fund is an open-ended hybrid scheme introduced on 18th March 2009, in which the investment is made majorly in the debt securities.
The prime objective of this fund is to generate consistent income by investing in fixed income securities and the secondary objective of the fund is to generate long-term growth of capital by investing some amount in equity and equity related schemes. However, the Scheme does not guarantee any assured returns.
Highlights
- Mandatory to invest 75-90% of the assets in money market and debt instruments, which offers a fixed income.
- Remaining 10-25% is invested in equity and equity related schemes, which offers higher returns
- It is a perfect investment fund for tradition investors who wants to explore equity schemes.
This scheme is perfect for investors who:
- Seek regular income along with capital appreciation over the long term.
- Invest in both Money market and Debt instruments, as well as equity and equity-related securities.
2. BOI AXA Equity Debt Re-balancer Fund
BOI AXA Equity Debt Re-balancer fund is an open-ended dynamic asset allocation scheme introduced on 14th March 2014.
The prime objective of this fund is to generate long-term returns along with lower volatility by investing in a disciplined manner in debt and equity schemes. However, the Scheme does not guarantee any assured returns.
Highlights
- The fund allocated the assets on your behalf based on the Nifty 50 Index.
- This fund enables you to buy the equities at low valuations and sell the same at higher valuations.
- Results in higher profits and lower return volatility.
This scheme is perfect for investors who:
- Long-term growth of capital
- Dynamic asset allocation between fixed income and equity based on market valuations.