Facts - EQUITY LINKED SAVINGS SCHEME (ELSS) Save Tax up to Rs. 46,800/- - BOI AXA Mutual Fund
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EQUITY LINKED
SAVINGS SCHEME (ELSS)
^
Save Tax up to Rs. 46,800/-
Facts
Figures
in
January 2021
Monthly fund analysis and market reviewsMARKET UPDATE Alok Singh
CHIEF INVESTMENT OFFICER
The annual union budget presentation in India has always been a most awaited event. This time the Finance Minister surprised the
market by announcing an expansionary budget. Fiscal deficit in FY21 is seen at 9.5% of GDP, sharply up from the budgeted 3.5%. The
future glide path is also more relaxed, i.e. the fiscal defecit is budgeted at 6.8% in FY22 and is seen declining to below 4.5% by FY26.
Typically, fiscal expansion is inflationary.
However, our analysis suggest that the proposed expansion in FY21-22 is unlikely to be inflationary mainly because:
• Only ~30% of fiscal slippage between (Revised Estimate) REFY21 and (Budget Estimate) BEFY21 is due to higher expenditure. Most
of the additional expenditure is due to one-time loan pay-offs/clearing past dues, which is unlikely to add to the aggregate demand.
• IN FY22, it is expected that lower revenue expenditure is likely to account for 85% of budgeted fiscal consolidation. Total
expenditure growth between BEFY22 and REFY21 is expected to be 1% while expenditure ex-subsidies and interest is budgeted to
grow 9%, much lower than budgeted nominal GDP growth rate of 14.4%.
• There is a lot of idle capacity in the economy as indicated by the capacity utilisation survey. Hence, higher capital expenditure is
unlikely to generate price pressures. In sectors that are operating at relatively higher or full capacity (such as automobiles),
importing inputs could keep a lid on inflation.
• Although the government imposed Agriculture Infrastructure and Development Cess (AIDC) on certain products, it cut other
taxes/levies on those products proportionately so that end consumers don’t have to pay more. Hence, we do not expect AIDC to be
inflationary.
The Monetary Policy Committee (MPC) voted unanimously to leave policy rates unchanged and maintained its erstwhile
accommodative stance “at least during the current financial year and into the next financial year”, both in line with market consensus.
The MPC noted that the growth outlook has improved, alongside an improvement in the food price outlook, but other price pressures
(higher fuel prices, higher taxes) persist. It further indicated that, the recovery, however, is still to gather firm traction and hence
continued policy support is crucial. Therefore, the MPC decided to maintain its accommodative stance “until the prospects of a
sustained recovery are well secured while closely monitoring the evolving outlook for inflation”.
Policy focused on continuity on economic and liquidity support and was in line with our expectation. We expect RBI to retain
accommodative stance for FY22, more confidently for 1HFY22, status quo on repo rate in FY22. Higher government borrowing and
reversal of liquidity measures will likely keep 10-year yield in the range of 6-6.25% in the coming months. Aggressive OMOs will be the
likely usage of space opened up from CRR restoration. Width of Liquidity Adjustment Facility (LAF) corridor which was expanded to
65bps during pandemic is expected to be reversed to 25bps, in FY22. RBI is expected to continue offering maximum support to growth.
Inflation upside risk persist from higher crude prices. However, the bond market negatively reacted to:
• No OMO (open market operation) purchase announcement
• Increased inflationary outlook for Q2 and risks through core inflation
• Expectations of a sustained growth recovery.
Overall the large supply of paper that looms in front of market participants leads us to believe that repricing of the yield curve has
happened and the low rate environment seen last year is behind us. The borrowing program, increase in crude prices, global yield
environment will all lead to an upside in domestic yields.
Equity market also gave thumbs up to the budget. The market has also seen almost all major corporate result declared so far. It is quite
evident that the revenue levels in most of the cases have reached the Pre-Covid 19 levels. Even in the worst impacted sectors
normalization is taking place. The profitability has improved and cost savings during the Covid 19 times appear to be durable. The
current good results also clearly suggest that market moves ahead of time to discount future events. In view of high liquidity, policy
support and good results we continue to remain positive on the equity market.
Data Source: Bloomberg/ Internal Research
2SIP SHIELD AVAILABLE
Equity Fund Hybrid Fund Debt Fund
This product is suitable for investors Risk-o-meter is based on the
BOI AXA Large & Mid Cap Equity Fund** who are seeking*:
• Long-term capital growth.
scheme portfolio as on
January 31, 2021
Moder
ate
Moder
High
ately
(An open ended equity scheme investing in both large cap and mid cap stocks) • Investment in equity and equity- to e
w at
Lo der
o
Hi
gh
M
related securities including equity
Very
derivatives of companies across
Low
High
market capitalisations.
RISKOMETER
Investors understand that their principal will be at
very high risk
*Investors should consult their financial advisor if they are not clear about
All data as on January 31, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Software 14.11% Portfolio Holdings % to Net Portfolio Holdings % to Net
Finance 12.55% Industry/ Rating Assets Industry/ Rating Assets
Pharmaceuticals 12.02%
Banks 10.28% EQUITY HOLDINGS Industrial Capital Goods 4.58
Consumer Non Durables 8.10% Software 14.11 4 Honeywell Automation 2.76
Others 7.01% 4 Infosys Limited 4.63 India Limited
Pesticides 5.25%
Industrial Capital Goods 4.58% 4 HCL Technologies Limited 2.45 ABB India Limited 1.82
Telecom - Services 4.29% MphasiS Limited 2.14 Telecom - Services 4.29
Cement 3.87% Tata Consultancy Services 1.56 4 Bharti Airtel Limited 4.29
Consumer Durables 3.04%
Auto 3.02% Limited Cement 3.87
Chemicals 3.00% Mastek Limited 1.25 4 UltraTech Cement Limited 2.53
Industrial Products 2.85%
Petroleum Products 2.77% Coforge Limited 0.75 ACC Limited 1.34
Auto Ancillaries 1.97% Wipro Limited 0.75 Consumer Durables 3.04
Persistent Systems Limited 0.60 Crompton Greaves 2.17
INVESTMENT OBJECTIVE Finance 12.55 Consumer Electricals Limited
The Scheme seeks to generate income and long-term capital appreciation by investing 4 Muthoot Finance Limited 2.59 Relaxo Footwears Limited 0.87
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 Computer Age Management 1.88 Auto 3.02
cap fund. The Scheme is not providing any assured or guaranteed returns Services Limited Escorts Limited 1.14
WHO SHOULD INVEST IIFL Wealth Management 1.48 Tata Motors Limited 1.10
The fund is suited to investors with some prior experience in equity investing or even for Limited Bajaj Auto Limited 0.78
L
first time equity investors who are aware of the risk associated with investing in equities,
particularly with regard to mid and small capitalization companies. Multi Commodity Exchange 1.34 Chemicals 3.00 A
BENCHMARK of India Limited Alkyl Amines Chemicals 1.51
Central Depository Services 1.08 Limited R
S&P BSE 250 LargeMidCap (TRI)
DATE OF ALLOTMENT (India) Limited Pidilite Industries Limited 0.98 G
October 21, 2008 Housing Development Finance 0.81 Aarti Industries Limited 0.52
FUND MANAGER Corporation Limited Industrial Products 2.85 E
Alok Singh: (w.e.f. February 16, 2017) Around 19 years of experience, including 15 years in Manappuram Finance Limited 0.79 SRF Limited 1.30
mutual fund industry. Bajaj Finance Limited 0.72 AIA Engineering Limited 1.00
AVERAGE AUM
HDFC Life Insurance Company 0.53 Astral Poly Technik Limited 0.54 &
` 190.16 Crs.
Limited Petroleum Products 2.77
LATEST AUM
SBI Life Insurance Company 0.50 Reliance Industries Limited 2.77
` 179.31 Crs. M
Limited Auto Ancillaries 1.97
MINIMUM APPLICATION AMOUNT (LUMPSUM)
Regular/ Direct Plan ` 5,000 and in multiples of ` 1 Max Financial Services Limited 0.43 Balkrishna Industries Limited 1.11 I
ADDITIONAL PURCHASE AMOUNT Cholamandalam Investment 0.40 Amara Raja Batteries Limited 0.87
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 and Finance Company Limited Others 7.01 D
PORTFOLIO TURNOVER RATIO (As on January 31, 2021) Pharmaceuticals 12.02 Gujarat Gas Limited 1.90
# #
1.60 Times ( Basis last rolling 12 months) 4 Divi's Laboratories Limited 3.57 Torrent Power Limited 1.27
OTHER PARAMETERS (As on January 29, 2021) Dr. Reddy's Laboratories 2.31 Indian Railway Catering And 1.15 C
Standard Deviation (Annualized): 18.88% (BOI AXA Large & Mid Cap Equity Fund) Limited Tourism Corporation Limited
18.29% (S&P BSE 250 LargeMidCap (TRI)) A
Alembic Pharmaceuticals 1.81 Kajaria Ceramics Limited 1.08
Beta: 0.98
Sharpe Ratio*: 0.13 Limited Garware Technical Fibres 0.90 P
Tracking Error (Annualized): 5.79% Cipla Limited 1.66 Limited
Above ratios are calculated using 6 years history of monthly returns
*Risk-free rate assumed to be 3.47% (MIBOR as on January 29, 2021) Natco Pharma Limited 1.27 Gland Pharma Limited 0.71
GlaxoSmithKline 0.82 Total 98.72 F
NAV (As on January 29, 2021) NAV (`)
Regular Plan Eco Plan Pharmaceuticals Limited U
Growth 40.91 Growth 43.86 Ajanta Pharma Limited 0.59 GOVERNMENT BOND AND
Bonus 40.90 Bonus 43.86 Banks 10.28 TREASURY BILL N
Regular Dividend 13.26 Regular Dividend 13.62 Treasury Bill
Quarterly Dividend 15.85 Quarterly Dividend 13.23 4 HDFC Bank Limited 4.50 D
4 Kotak Mahindra Bank Limited 4.01 91 Days Tbill (MD 25/03/2021) (SOV) 0.13
Direct Plan
ICICI Bank Limited 1.77 Total 0.13
Growth 44.84
Bonus 23.18 Consumer Non Durables 8.10
Regular Dividend 14.06 CASH & CASH EQUIVALENT
4 Hindustan Unilever Limited 2.53
Quarterly Dividend 13.43 Net Receivables/Payables 0.92
LOAD STRUCTURE (FOR ALL PLANS) Marico Limited 1.88
TREPS / Reverse Repo Investments 0.22
Entry Load NIL Godrej Agrovet Limited 1.85
Total 1.14
Exit Load • For redemption/switch out upto 10% of the initial units allotted - Kansai Nerolac Paints Limited 0.95
within 1 year from the date of allotment: “NIL” Varun Beverages Limited 0.90
• Any redemption/switch out - in excess of the above mentioned limit GRAND TOTAL 100.00
would be subject to an exit load of 1%, if the units are redeemed/ Pesticides 5.25
switched out within 1 year from the date of allotment of units. PI Industries Limited 2.39 4 Indicates Top 10 Holdings.
• If the units are redeemed/switched out after 1 year from the date of UPL Limited 1.78
allotment of units : “Nil”
Bayer Cropscience Limited 1.08
**Please note that the provisions pertaining to creation of segregated portfolio have
been incorporated in the Scheme Information Document (SID) and Key Information
Memorandum (KIM) of the aforesaid Scheme w.e.f May 15, 2020. Kindly refer the SID and
KIM of the Scheme for further details in this regard.
For Dividend History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 26 3SIP SHIELD AVAILABLE
Equity Fund Hybrid Fund Debt Fund
This product is suitable for investors Risk-o-meter is based on the
BOI AXA Tax Advantage Fund** who are seeking*:
• Long-term capital growth.
scheme portfolio as on
January 31, 2021
Moder
ate
Moder
High
ately
(An open ended equity linked saving scheme with • Investment in equity and equity- to e
w at
Lo der
o
Hi
gh
M
a statutory lock in of 3 years and tax benefit) related securities of companies across
Very
market capitalisations.
Low
High
80C RISKOMETER
Benefit#
Investors understand that their principal will be at
very high risk
*Investors should consult their financial advisor if they are not clear about
All data as on January 31, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Banks 15.22% Portfolio Holdings % to Net Portfolio Holdings % to Net
Software 14.77% Industry/ Rating Assets Industry/ Rating Assets
Pharmaceuticals 12.21%
Finance 9.87% EQUITY HOLDINGS Dabur India Limited 0.95
Industrial Products 6.12% Banks 15.22 Burger King India Limited 0.36
Chemicals 6.00% 4 HDFC Bank Limited 6.36 Pesticides 4.76
Consumer Non Durables 5.71%
Pesticides 4.76% 4 ICICI Bank Limited 3.68 4 PI Industries Limited 3.54
Auto Ancillaries 4.16% 4 Kotak Mahindra Bank Limited 2.67 Astec LifeSciences Limited 1.21
Petroleum Products 3.88% Axis Bank Limited 1.51 Auto Ancillaries 4.16
Consumer Durables 3.86%
Auto 2.87% AU Small Finance Bank Limited 1.00 Tube Investments of India 1.47
Others 2.17% Software 14.77 Limited
Industrial Capital Goods 1.79% 4 Infosys Limited 4.47 Sundram Fasteners Limited 0.89
Healthcare Services 0.59% HCL Technologies Limited 2.08 Balkrishna Industries Limited 0.83
Retailing 0.57%
Larsen & Toubro Infotech 1.76 Endurance Technologies 0.71
Limited Limited E
INVESTMENT OBJECTIVE
The Scheme seeks to generate long-term capital growth from a diversified portfolio of Tata Consultancy Services 1.27 Jamna Auto Industries Limited 0.25 Q
predominantly equity and equity-related securities across all market capitalisations. The Limited Petroleum Products 3.88
Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any Coforge Limited 1.03 4 Reliance Industries Limited 3.88 U
assured or guaranteed returns. There can be no assurance that the investment objectives of Route Mobile Limited 1.02 Consumer Durables 3.86
I
the Scheme will be realized. Tata Elxsi Limited 0.88 Dixon Technologies (India) 1.49
WHO SHOULD INVEST MphasiS Limited 0.73 Limited T
The fund is suitable for investors with a long-term investment horizon. In terms of fund Info Edge (India) Limited 0.67 Amber Enterprises India 1.22
Indiamart Intermesh Limited 0.50 Limited
Y
management, the 3 year lock-in period gives the fund manager the comfort of planning his
investments with a long-term horizon. Mastek Limited 0.37 Crompton Greaves Consumer 1.16
BENCHMARK Pharmaceuticals 12.21 Electricals Limited
4 Divi's Laboratories Limited 3.17 Auto 2.87 L
BSE 500 Total Return Index (TRI)
4 Laurus Labs Limited 2.61 Mahindra & Mahindra Limited 1.28 I
DATE OF ALLOTMENT
Sequent Scientific Limited 1.70 Escorts Limited 0.71
February 25, 2009 N
Suven Pharmaceuticals Limited 1.27 TVS Motor Company Limited 0.48
FUND MANAGER JB Chemicals & 1.17 Eicher Motors Limited 0.40
K
Aakash Manghani: (w.e.f July 15, 2019) Around 10 years of experience in Equity Research Pharmaceuticals Limited Industrial Capital Goods 1.79
AVERAGE AUM IPCA Laboratories Limited 0.91 Honeywell Automation India 1.79 E
` 384.68 Crs. Dr. Reddy's Laboratories 0.77 Limited
D
LATEST AUM Limited Healthcare Services 0.59
Syngene International Limited 0.61 Gland Pharma Limited 0.59
` 368.19 Crs.
Finance 9.87 Retailing 0.57
MINIMUM APPLICATION AMOUNT (LUMPSUM)
4 Housing Development Finance 2.44 Avenue Supermarts Limited 0.57 S
Regular/ Direct Plan ` 500 and in multiples of ` 1 Corporation Limited Others 2.17 A
ADDITIONAL PURCHASE AMOUNT Cholamandalam Investment 2.17 Coromandel International 0.51
Regular/ Direct Plan ` 500 and in multiples of ` 1 and Finance Company Limited Limited V
PORTFOLIO TURNOVER RATIO (As on January 31, 2021) Bajaj Finance Limited 2.08 JK Cement Limited 0.50 I
1.37 Times# (#Basis last rolling 12 months) Muthoot Finance Limited 1.34 APL Apollo Tubes Limited 0.44
HDFC Life Insurance Company 1.01 Kajaria Ceramics Limited 0.41 N
OTHER PARAMETERS (As on January 29, 2021)
Limited Gujarat Gas Limited 0.31
Standard Deviation (Annualized): 18.85% (BOI AXA Tax Advantage Fund) G
SBI Cards and Payment 0.83 Total 94.56
18.63% (BSE 500 TRI)
Beta: 0.94 Services Limited
Industrial Products 6.12 GOVERNMENT BOND AND
Sharpe Ratio*: 0.38 S
Tracking Error (Annualized): 6.94% 4 SRF Limited 2.50 TREASURY BILL
Above ratios are calculated using 6 years history of monthly returns Astral Poly Technik Limited 1.37 Treasury Bill C
*Risk-free rate assumed to be 3.47% (MIBOR as on January 29, 2021) EPL Limited 1.10 91 Days Tbill (MD 25/03/2021) (SOV) 0.13
NAV (As on January 29, 2021) NAV (`) Polycab India Limited 0.67 Total 0.13 H
Regular Plan Eco Plan Prince Pipes And Fittings 0.48 E
Limited CASH & CASH EQUIVALENT
Growth 70.84 Growth 75.68 Net Receivables/Payables 2.42
Dividend 16.87 Dividend 14.18 Chemicals 6.00 M
Navin Fluorine International 2.28 TREPS / Reverse Repo Investments 2.89
Direct Plan Total 5.31 E
Limited
Growth 78.55
Alkyl Amines Chemicals Limited 1.16
Dividend 34.96 GRAND TOTAL 100.00
Sumitomo Chemical India 1.07
LOAD STRUCTURE (FOR ALL PLANS)
Limited 4 Indicates Top 10 Holdings.
Entry Load NIL Deepak Nitrite Limited 0.92
Exit Load NIL Fine Organic Industries Limited 0.56
Consumer Non Durables 5.71
#Investors opting for special tax rates u/s 115BAC of the Income Tax Act, 1961 ("the Act") Asian Paints Limited 1.56
would not be eligible for deduction u/s 80C of the Act. Tata Consumer Products 1.56
**Please note that the provisions pertaining to creation of segregated portfolio have Limited
been incorporated in the Scheme Information Document (SID) and Key Information
Memorandum (KIM) of the aforesaid Scheme w.e.f May 15, 2020. Kindly refer the SID and Jubilant Foodworks Limited 1.27
KIM of the Scheme for further details in this regard.
For Dividend History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 26 4SIP SHIELD AVAILABLE
Equity Fund Hybrid Fund Debt Fund
This product is suitable for investors Risk-o-meter is based on the
BOI AXA Manufacturing & who are seeking*:
• Long-term capital growth.
scheme portfolio as on
January 31, 2021
Moder
ately
Infrastructure Fund**
ate
Moder High
to e Hi
• Investment in equity and equity- w at
Lo der
o
gh
M
related securities of companies
Very
(An open ended equity scheme investing in manufacturing and infrastructure sectors) engaged in manufacturing &
Low
High
infrastructure and related sector.
RISKOMETER
Investors understand that their principal will be at
very high risk
*Investors should consult their financial advisor if they are not clear about
All data as on January 31, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Pharmaceuticals 10.91% Portfolio Holdings % to Net Portfolio Holdings % to Net
Others 8.09% Industry/ Rating Assets Industry/ Rating Assets
Industrial Products 7.91%
Construction 7.77% EQUITY HOLDINGS Telecom - Services 4.33
Consumer Durables 7.33% Pharmaceuticals 10.91 4 Bharti Airtel Limited 4.33
Industrial Capital Goods 7.25%
Consumer Non Durables 6.29% 4 Divi's Laboratories Limited 3.95 Cement 4.27
Ferrous Metals 5.26% 4 Alkem Laboratories Limited 3.29 UltraTech Cement Limited 2.50
Gas 5.12%
Telecom - Services 4.33% Granules India Limited 1.91 ACC Limited 1.78
Cement 4.27% Cipla Limited 1.76 Auto Ancillaries 3.96
Auto Ancillaries 3.96%
Pesticides 3.87% Industrial Products 7.91 4 Tube Investments of India 3.96
Construction Project 3.68% Astral Poly Technik Limited 2.28 Limited
Chemicals 3.65%
Auto 3.31% Grindwell Norton Limited 1.25 Pesticides 3.87
Timken India Limited 1.25 PI Industries Limited 1.97
INVESTMENT OBJECTIVE
Max Ventures and Industries 1.01 UPL Limited 1.90
The Scheme seeks to generate long term capital appreciation through a portfolio of
predominantly equity and equity related securities of companies engaged in manufacturing Limited Construction Project 3.68
and infrastructure related sectors. Further, there can be no assurance that the investment
objectives of the scheme will be realized. The Scheme is not providing any assured or AIA Engineering Limited 0.87 Larsen & Toubro Limited 2.43
guaranteed returns. EPL Limited 0.76 IRCON International Limited 1.25
WHO SHOULD INVEST KEI Industries Limited 0.48 Chemicals 3.65
The Scheme would be more suitable for investors who are desirous of increasing their
exposure to manufacturing & infrastructure sector in their personal equity portfolio. Thus, Construction 7.77 Alkyl Amines Chemicals 1.99
this Scheme could act as a "top up" over existing investments of such investors in diversified 4 Kajaria Ceramics Limited 2.92 Limited
equity funds. However, for a first time investor, it might still be advisable to initially start his
investment with a diversified equity fund. KNR Constructions Limited 2.13 Sumitomo Chemical India 1.66
BENCHMARK Ahluwalia Contracts (India) 1.90 Limited
S&P BSE India Manufacturing Total Return Index (TRI) - 50% & S&P BSE India Infrastructure Limited Auto 3.31
Total Return Index (TRI) - 50% S
Brigade Enterprises Limited 0.82 4 V.S.T Tillers Tractors Limited 2.58
DATE OF ALLOTMENT E
March 05, 2010 Consumer Durables 7.33 Bajaj Auto Limited 0.73
FUND MANAGER 4 Dixon Technologies (India) 3.31 Others 8.09 C
Alok Singh: (w.e.f. February 16, 2017) Around 19 years of experience, including 15 years in Limited Torrent Power Limited 1.97 T
mutual fund industry.
AVERAGE AUM Orient Electric Limited 1.75 NTPC Limited 1.16 O
` 39.76 Crs. Amber Enterprises India 1.75 Reliance Industries Limited 2.40 R
LATEST AUM Limited Chambal Fertilizers & 1.55 A
` 38.39 Crs. Symphony Limited 0.52 Chemicals Limited
MINIMUM APPLICATION AMOUNT (LUMPSUM) L
Industrial Capital Goods 7.25 K.P.R. Mill Limited 0.52
Regular/ Direct Plan ` 5,000 and in multiples of ` 1
ADDITIONAL PURCHASE AMOUNT 4 Honeywell Automation India 5.08 RITES Limited 0.48
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 Limited Total 93.00 F
PORTFOLIO TURNOVER RATIO (As on January 31, 2021) ABB India Limited 2.17 U
0.75 Times# (#Basis last rolling 12 months) GOVERNMENT BOND AND
Consumer Non Durables 6.29 N
OTHER PARAMETERS (As on January 29, 2021) TREASURY BILL
Standard Deviation (Annualized): 20.67% (BOI AXA Manufacturing & Infrastructure Fund)
Marico Limited 2.38 D
Treasury Bill
20.23% (S&P BSE India Manufacturing TRI - 50% & S&P CCL Products (India) Limited 1.83
BSE India Infrastructure TRI - 50%) 91 Days Tbill (MD 25/03/2021) (SOV) 0.13
Beta: 0.94 Balrampur Chini Mills Limited 1.07
Total 0.13
Sharpe Ratio*: 0.20 Kansai Nerolac Paints Limited 1.00
Tracking Error (Annualized): 8.25%
Ferrous Metals 5.26 CASH & CASH EQUIVALENT
Above ratios are calculated using 5 years history of monthly returns of the fund and the
above Indices as the inception of S&P BSE Infrastructure Index is May 28, 2014. 4 APL Apollo Tubes Limited 2.76 Net Receivables/Payables 0.93
*Risk-free rate assumed to be 3.47% (MIBOR as on January 29, 2021) Mishra Dhatu Nigam Limited 1.72 TREPS / Reverse Repo Investments 5.94
NAV (As on January 29, 2021) NAV (`) Kamdhenu Limited 0.77 Total 6.87
Regular Plan Direct Plan
Gas 5.12
Growth 19.39 Growth 21.37 GRAND TOTAL 100.00
Regular Dividend 12.65 Regular Dividend 20.17 4 Gujarat Gas Limited 3.64
Quarterly Dividend 12.59 Quarterly Dividend 21.01 Petronet LNG Limited 0.86 4 Indicates Top 10 Holdings.
LOAD STRUCTURE (FOR ALL PLANS)
GAIL (India) Limited 0.62
Entry Load NIL
Exit Load • For redemption/switch out upto 10% of the initial units allotted -
within 1 year from the date of allotment: “NIL”
• Any redemption/switch out - in excess of the above mentioned limit
would be subject to an exit load of 1%, if the units are redeemed/
switched out within 1 year from the date of allotment of units.
• If the units are redeemed/switched out after 1 year from the date of
allotment of units : “Nil”
**Please note that the provisions pertaining to creation of segregated portfolio have
been incorporated in the Scheme Information Document (SID) and Key Information
Memorandum (KIM) of the aforesaid Scheme w.e.f May 15, 2020. Kindly refer the SID and
KIM of the Scheme for further details in this regard.
For Dividend History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 26 5SIP SHIELD AVAILABLE
Equity Fund Hybrid Fund Debt Fund
This product is suitable for investors Risk-o-meter is based on the
BOI AXA Small Cap Fund** who are seeking*:
• Long term capital appreciation
scheme portfolio as on
January 31, 2021
Moder
ate
Moder
High
ately
(An open ended equity scheme predominantly investing in small cap stocks) • Investment predominantly in equity & to e
w at
Lo der
o
Hi
gh
M
equity related instruments of Small
Very
Cap companies.
Low
High
RISKOMETER
Investors understand that their principal will be at
very high risk
*Investors should consult their financial advisor if they are not clear about
All data as on January 31, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Finance 13.67% Portfolio Holdings % to Net Portfolio Holdings % to Net
Chemicals 12.47% Industry/ Rating Assets Industry/ Rating Assets
Consumer Durables 12.14%
Software 10.59% EQUITY HOLDINGS Industrial Products 8.36
Pharmaceuticals 10.19% Finance 13.67 4 EPL Limited 4.03
Industrial Products 8.36% 4 Central Depository Services 2.99 Grindwell Norton Limited 2.14
Auto Ancillaries 7.73%
Consumer Non Durables 7.38% (India) Limited Timken India Limited 1.38
Banks 3.59% Indian Energy Exchange Limited 2.19 Prince Pipes And Fittings 0.82
Construction 3.16%
Others 1.51% Can Fin Homes Limited 2.05 Limited
Cement 1.35% Repco Home Finance Limited 2.05 Auto Ancillaries 7.73
Commercial Services 1.34% Cholamandalam Investment 1.46 4 Tube Investments of India 2.36
Healthcare Services 1.33%
Transportation 1.01% and Finance Company Limited Limited
Pesticides 0.99% CARE Ratings Limited 1.00 Subros Limited 1.60
Multi Commodity Exchange 0.87 Minda Industries Limited 1.48
INVESTMENT OBJECTIVE
of India Limited Jtekt India Limited 1.31
The investment objective of the scheme is to generate long term capital appreciation by Mas Financial Services Limited 0.54 Jamna Auto Industries Limited 0.97
investing predominantly in equity and equity-related securities of small cap companies. Bajaj Finance Limited 0.53 Consumer Non Durables 7.38
However, there can be no assurance that the investment objectives of the Scheme will be
Chemicals 12.47 4 Radico Khaitan Limited 2.34
realized.
4 Galaxy Surfactants Limited 3.52 CCL Products (India) Limited 2.12
WHO SHOULD INVEST Deepak Nitrite Limited 1.69 Mrs. Bectors Food Specialities 0.84
The fund is suitable for investors who have a long term investment horizon, and prior Neogen Chemicals Limited 1.67 Limited
experience in equity investing and who are aware of the risks associated with investing in Navin Fluorine International 1.62 DFM Foods Limited 0.78
equities, especially small cap companies. Limited Burger King India Limited 0.75
BENCHMARK Atul Limited 1.45 Jubilant Foodworks Limited 0.54
Nifty Smallcap 100 Total Return Index Sudarshan Chemical 1.19 Banks 3.59 S
Industries Limited HDFC Bank Limited 2.04 M
DATE OF ALLOTMENT
Sumitomo Chemical India 0.87 CSB Bank Limited 1.55
December 19, 2018 Limited Construction 3.16
A
FUND MANAGER NOCIL Limited 0.35 KNR Constructions Limited 1.36 L
Ajay Khandelwal (w.e.f December 19, 2018) - Around 15 years of experience, including 10 years
Privi Speciality Chemicals 0.11 Cera Sanitaryware Limited 1.19 L
in mutual fund industry. Limited Kajaria Ceramics Limited 0.61
Consumer Durables 12.14 Cement 1.35
AVERAGE AUM
4 Dixon Technologies (India) 2.66 HeidelbergCement India 1.35
C
` 97.53 Crs. Limited Limited A
LATEST AUM 4 Century Plyboards (India) 2.57 Commercial Services 1.34 P
Limited SIS Limited 1.34
` 95.61 Crs.
Amber Enterprises India 2.20 Healthcare Services 1.33
MINIMUM APPLICATION AMOUNT (LUMPSUM) Limited Dr. Lal Path Labs Limited 0.81
F
Regular/ Direct Plan ` 5,000 and in multiples of ` 1 Orient Electric Limited 1.68 Metropolis Healthcare Limited 0.52 U
ADDITIONAL PURCHASE AMOUNT La Opala RG Limited 1.30 Transportation 1.01 N
Relaxo Footwears Limited 0.97 Mahindra Logistics Limited 1.01
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 D
Borosil Limited 0.57 Pesticides 0.99
PORTFOLIO TURNOVER RATIO (As on January 31, 2021) V-Guard Industries Limited 0.20 Astec LifeSciences Limited 0.54
1.06 Times#(#Basis last rolling 12 months) Software 10.59 Dhanuka Agritech Limited 0.45
NAV (As on January 29, 2021) NAV (`) 4 Indiamart Intermesh Limited 2.62 Others 1.51
Mastek Limited 1.93 Escorts Limited 0.92
Regular Plan Direct Plan
Route Mobile Limited 1.51 K.P.R. Mill Limited 0.59
Growth 15.95 Growth 16.58
Dividend 15.32 Dividend 16.58 Coforge Limited 1.45 Total 96.81
Persistent Systems Limited 1.43 GOVERNMENT BOND AND
LOAD STRUCTURE (FOR ALL PLANS)
Birlasoft Limited 1.06 TREASURY BILL
Entry Load NIL Tata Elxsi Limited 0.59 Treasury Bill
Exit Load • For redemption/switch out Upto 10% of the initial units allotted - Pharmaceuticals 10.19 91 Days Tbill (MD 25/03/2021) (SOV) 0.12
within 1 year from the date of allotment: “NIL” 4 Sequent Scientific Limited 3.71 Total 0.12
• Any redemption/switch out in excess of the above mentioned limit 4 Laurus Labs Limited 2.43
CASH & CASH EQUIVALENT
would be subject to an exit load of 1%, if the units are redeemed/ JB Chemicals & 1.35
Net Receivables/Payables 0.92
switched out within 1 year from the date of allotment of units. Pharmaceuticals Limited
TREPS / Reverse Repo Investments 2.14
• If the units are redeemed/switched out after 1 year from the date of Neuland Laboratories Limited 0.83
Total 3.06
allotment of units : “Nil” Dr. Reddy's Laboratories 0.71
Limited GRAND TOTAL 100.00
Eris Lifesciences Limited 0.70 4 Indicates Top 10 Holdings.
**Please note that the provisions pertaining to creation of segregated portfolio have Procter & Gamble Health 0.46
been incorporated in the Scheme Information Document (SID) and Key Information Limited
Memorandum (KIM) of the aforesaid Scheme w.e.f May 15, 2020. Kindly refer the SID and
KIM of the Scheme for further details in this regard.
For Dividend History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 26 6Equity Fund Hybrid Fund Debt Fund
This product is suitable for investors Risk-o-meter is based on the
BOI AXA Flexi Cap Fund** who are seeking*:
• Capital appreciation over medium to
scheme portfolio as on
January 31, 2021
Moder
ate
Moder
High
ately
(An open ended dynamic equity scheme investing across large cap, mid cap, long term to e
w at
Lo der
o
Hi
gh
M
small cap stocks) • Investment in a diversified portfolio
Very
consisting of equity and equity related
Low
High
instruments across market
RISKOMETER
capitalization. Investors understand that their principal will be at
very high risk
*Investors should consult their financial advisor if they are not clear about
All data as on January 31, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Software 16.76% Portfolio Holdings % to Net Portfolio Holdings % to Net
Finance 12.45% Industry/ Rating Assets Industry/ Rating Assets
Consumer Non Durables 11.49%
Pharmaceuticals 11.48% EQUITY HOLDINGS Consumer Durables 3.48
Others 10.61% Software 16.76 Amber Enterprises India 1.50
Banks 9.53% 4 Infosys Limited 3.37 Limited
Consumer Durables 3.48%
Auto Ancillaries 3.32% 4 Persistent Systems Limited 2.63 Dixon Technologies (India) 1.02
Petroleum Products 2.84% 4 Tata Consultancy Services 2.51 Limited
Cement 2.61% Limited Borosil Limited 0.96
Pesticides 2.53%
Telecom - Services 2.46% Route Mobile Limited 2.16 Auto Ancillaries 3.32
Chemicals 2.28% HCL Technologies Limited 1.99 Endurance Technologies 1.31
Auto 2.28% Mastek Limited 1.38 Limited
Gas 2.22%
Ferrous Metals 2.05% Indiamart Intermesh Limited 0.85 Balkrishna Industries Limited 1.01
MindTree Limited 0.78 Jamna Auto Industries Limited 1.00
INVESTMENT OBJECTIVE Wipro Limited 0.61 Petroleum Products 2.84
Coforge Limited 0.50 4 Reliance Industries Limited 2.84
The investment objective of the scheme is to generate long term capital appreciation by
Finance 12.45 Cement 2.61
investing predominantly in equity and equity-related securities across various market
capitalisation. However, there can be no assurance that the investment objectives of the 4 Computer Age Management 2.74 ACC Limited 1.76
Scheme will be realized. Services Limited JK Cement Limited 0.85
Muthoot Finance Limited 2.21 Pesticides 2.53
WHO SHOULD INVEST
Indian Energy Exchange 1.61 PI Industries Limited 1.37
This fund would be better suited for investors who are looking to balance risk and volatility in Limited UPL Limited 1.16
a single portfolio and those who have a moderate risk appetite for equities. Investors looking Central Depository Services 1.17 Telecom - Services 2.46
for a fund with a dynamic investment strategy and having long-term financial goals should (India) Limited Bharti Airtel Limited 2.46
also consider this fund.
CARE Ratings Limited 1.15 Chemicals 2.28
BENCHMARK Bajaj Finance Limited 0.73 Pidilite Industries Limited 1.36 F
S&P BSE 500 Total Return Index Manappuram Finance Limited 0.68 Navin Fluorine International 0.91
L
HDFC Life Insurance Company 0.61 Limited
DATE OF ALLOTMENT Limited Auto 2.28 E
June 29, 2020 Can Fin Homes Limited 0.57 Escorts Limited 0.90 X
SBI Life Insurance Company 0.55 Bajaj Auto Limited 0.73
FUND MANAGER I
Limited V.S.T Tillers Tractors Limited 0.65
Alok Singh (w.e.f June 29, 2020) - Around 19 years of experience, including 15 years in mutual Housing Development Finance 0.43 Gas 2.22
fund industry.
Corporation Limited Gujarat Gas Limited 2.22 C
AVERAGE AUM Consumer Non Durables 11.49 Ferrous Metals 2.05
A
` 56.49 Crs. 4 Hindustan Unilever Limited 2.46 APL Apollo Tubes Limited 2.05
4 Marico Limited 2.26 Others 10.61 P
LATEST AUM Tata Consumer Products 1.93 Torrent Power Limited 1.23
` 55.16 Crs. Limited NTPC Limited 0.68
F
ITC Limited 1.92 ABB India Limited 1.79
MINIMUM APPLICATION AMOUNT (LUMPSUM)
Dabur India Limited 1.40 EID Parry India Limited 1.54 U
Regular/ Direct Plan ` 5,000 and in multiples of ` 1 Balrampur Chini Mills Limited 0.99 AIA Engineering Limited 0.92 N
ADDITIONAL PURCHASE AMOUNT Tasty Bite Eatables Limited 0.53 Astral Poly Technik Limited 0.56
D
Pharmaceuticals 11.48 Garware Technical Fibres 1.31
Regular/ Direct Plan ` 1,000 and in multiples of ` 1
4 Sequent Scientific Limited 2.28 Limited
PORTFOLIO TURNOVER RATIO (As on January 31, 2021) Suven Pharmaceuticals Limited 1.84 Indian Railway Catering And 1.27
0.82 Times#(#Basis last rolling 12 months) Cipla Limited 1.38 Tourism Corporation Limited
Granules India Limited 1.13 K.P.R. Mill Limited 0.66
NAV (As on January 29, 2021) NAV (`)
Syngene International Limited 1.11 Gland Pharma Limited 0.65
Regular Plan Direct Plan Laurus Labs Limited 0.97 Total 98.38
Growth 13.48 Growth 13.63 Strides Pharma Science Limited 0.69
Dividend 13.02 Dividend 12.60 GOVERNMENT BOND AND
GlaxoSmithKline 0.61 TREASURY BILL
LOAD STRUCTURE (FOR ALL PLANS) Pharmaceuticals Limited Treasury Bill
Entry Load NIL Biocon Limited 0.61 91 Days Tbill (MD 25/03/2021) (SOV) 0.13
Alembic Pharmaceuticals 0.52 Total 0.13
Exit Load (W.e.f. July 1, 2020) Limited
• For redemption/switch out upto 10% of the initial units allotted - Dr. Reddy's Laboratories 0.33 CASH & CASH EQUIVALENT
within 1 year from the date of allotment: “NIL” Limited Net Receivables/Payables 0.08
Banks 9.53 TREPS / Reverse Repo Investments 1.41
• Any redemption/switch out - in excess of the above mentioned limit
4 HDFC Bank Limited 4.54 Total 1.49
would be subject to an exit load of 1%, if the units are
redeemed/switched out within 1 year from the date of allotment of 4 Kotak Mahindra Bank Limited 2.84 GRAND TOTAL 100.00
units. CSB Bank Limited 1.27
4 Indicates Top 10 Holdings.
• If the units are redeemed/switched out after 1 year from the date of ICICI Bank Limited 0.88
allotment of units : “Nil”
**Fundamental Attributes and Name of the fund has been changed from BOI AXA Multi
Cap Fund to BOI AXA Flexi Cap Fund w.e.f. February 03, 2021.
For Dividend History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 26 7SIP SHIELD AVAILABLE
Equity Fund Hybrid Fund Debt Fund
This product is suitable for investors Risk-o-meter is based on the
BOI AXA Mid & Small Cap Equity & who are seeking*:
• Long term capital appreciation and
scheme portfolio as on
January 31, 2021
Moder
ately
Debt Fund**
ate
Moder High
income distribution to e
w at
Hi
gh
Lo der
o
• Equity fund investing in Mid & Small M
(An open ended hybrid scheme investing predominantly in equity and equity related instruments)
Very
C a p e q u i t y a n d e q u i t y re l ate d
Low
High
securities (not part of the top 100
stocks by market capitalization) as well RISKOMETER
as fixed income securities. Investors understand that their principal will be at
very high risk
*Investors should consult their financial advisor if they are not clear about
All data as on January 31, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Pharmaceuticals 12.84% Portfolio Holdings % to Net Portfolio Holdings % to Net
Finance 11.85% Industry/ Rating Assets Industry/ Rating Assets
Software 10.21%
9.06% EQUITY HOLDINGS Consumer Durables 3.47
Chemicals
Industrial Products 7.35% Pharmaceuticals 12.84 Crompton Greaves Consumer 1.43
Consumer Non Durables 4.94% 4 Sequent Scientific Limited 2.18 Electricals Limited
Ferrous Metals 4.04% Granules India Limited 1.87 Relaxo Footwears Limited 1.38
Consumer Durables 3.47% IPCA Laboratories Limited 1.86 Amber Enterprises India 0.40
Cement 2.86% Aarti Drugs Limited 1.53 Limited
Auto Ancillaries 2.71% Eris Lifesciences Limited 1.28 Symphony Limited 0.27
Gas 2.54%
GlaxoSmithKline 1.18 Cement 2.86
Construction 2.35%
Telecom - Services 1.85% Pharmaceuticals Limited ACC Limited 1.51
Healthcare Services 1.07% Sanofi India Limited 1.05 Dalmia Bharat Limited 1.35
Banks 0.84% Ajanta Pharma Limited 0.89 Auto Ancillaries 2.71
Auto 0.75% Suven Pharmaceuticals 0.74 Minda Industries Limited 1.76
Minerals/Mining 0.65% Limited Amara Raja Batteries Limited 0.95
Textile Products 0.55% JB Chemicals & 0.27 Gas 2.54
Pharmaceuticals Limited 4 Gujarat Gas Limited 2.54
INVESTMENT OBJECTIVE Finance 11.85 Construction 2.35
The scheme's objective is to provide capital appreciation and income distribution to investors 4 Computer Age Management 2.67 Kajaria Ceramics Limited 1.43
from a portfolio constituting of mid and small cap equity and equity related securities as well Services Limited Cera Sanitaryware Limited 0.91
as fixed income securities. However there can be no assurance that the income can be 4 Manappuram Finance Limited 1.98 Telecom - Services 1.85
generated, regular or otherwise, or the investment objectives of the Scheme will be realized. Indian Energy Exchange Limited 1.73 Tata Communications Limited 1.85
BENCHMARK
A
Motilal Oswal Financial 1.63 Healthcare Services 1.07
NIFTY MidSmallcap 400 TRI: 70%; CRISIL Short Term Bond Fund Index: 30% Services Limited Metropolis Healthcare Limited 1.07 G
DATE OF ALLOTMENT Central Depository Services 1.19 Banks 0.84 G
July 20, 2016 (India) Limited CSB Bank Limited 0.84
Max Financial Services Limited 1.10 Auto 0.75 R
FUND MANAGER
CARE Ratings Limited 0.91 V.S.T Tillers Tractors Limited 0.75 E
Alok Singh: (w.e.f. February 16, 2017) Around 19 years of experience, including 15 years in Cholamandalam Investment 0.49 Minerals/Mining 0.65
mutual fund industry. and Finance Company Limited Gravita India Limited 0.65 S
Ajay Khandelwal : (Assistant Fund Manager w.e.f. December 1, 2017) - Around 15 years of Home First Finance Company 0.14 Textile Products 0.55
experience, including 10 years in mutual fund industry. S
India Limited K.P.R. Mill Limited 0.55
AVERAGE AUM Software 10.21 Total 79.93 I
` 313.84 Crs. 4 Persistent Systems Limited 2.96
GOVERNMENT BOND AND TREASURY V
LATEST AUM Coforge Limited 1.60
BILL E
` 298.97 Crs. MindTree Limited 1.54
Government Bond
MphasiS Limited 1.51
MINIMUM APPLICATION AMOUNT (LUMPSUM) 5.85% GOI (MD 01/12/2030) (SOV) 0.67
Mastek Limited 1.16
Regular/ Direct Plan ` 5,000 and in multiples of ` 1 Total 0.67
Birlasoft Limited 0.96 H
ADDITIONAL PURCHASE AMOUNT Treasury Bill
Route Mobile Limited 0.47
Chemicals 9.06
91 Days Tbill (MD 25/03/2021) 1.85 Y
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 (SOV)
PORTFOLIO TURNOVER RATIO (As on January 31, 2021) 4 Navin Fluorine International 3.56
Total 1.85
B
Limited
1.71 Times# (#Basis last rolling 12 months)
4 Atul Limited 2.88
R
CORPORATE DEBT
OTHER PARAMETERS (As on January 29, 2021) Fine Organic Industries Limited 1.47 BONDS & NCDs I
Standard Deviation (Annualized): 21.37% (BOI AXA Mid & Small Cap Equity & Debt Fund) Sumitomo Chemical India 1.15 REC Limited (CRISIL AAA) 1.74
20.12% (Nifty Midsmall cap 400 TRI - 70% & Limited Sintex-BAPL Limited (BWR D) 0.00
D
CRISIL Short Term Bond Fund Index - 30%) Industrial Products 7.35
Beta: 0.99 Total 1.74
Sharpe Ratio*: -0.04 4 EPL Limited 2.99
4 Astral Poly Technik Limited 2.87 MONEY MARKET INSTRUMENTS F
Tracking Error (Annualized): 7.61% Certificate of Deposit
Average Maturity: 0.69 Years AIA Engineering Limited 1.44
Axis Bank Limited (ICRA A1+) 3.24
U
Macaulay Duration: 0.58 Years Orient Refractories Limited 0.05
Modified Duration: 0.57 Years Consumer Non Durables 4.94 Total 3.24 N
Portfolio Yield: 3.61% Godrej Agrovet Limited 1.77 D
CASH & CASH EQUIVALENT
Above ratios are calculated using 2 years history of monthly returns KRBL Limited 1.36 Net Receivables/(Payables) 3.36
*Risk-free rate assumed to be 3.47% (MIBOR as on January 29, 2021) Varun Beverages Limited 0.84 TREPS / Reverse Repo 9.21
NAV (As on January 29, 2021) NAV (`) Zydus Wellness Limited 0.52 Investments
Balrampur Chini Mills Limited 0.38 Total 12.57
Regular Plan Direct Plan
Indigo Paints Limited 0.06
Growth 15.59 Growth 16.21 Ferrous Metals 4.04 GRAND TOTAL 100.00
Regular Dividend 13.78 Regular Dividend 14.19
4 APL Apollo Tubes Limited 3.09 4 Indicates Top 10 Holdings.
LOAD STRUCTURE (FOR ALL PLANS) Kamdhenu Limited 0.94
Entry Load NIL
Exit Load • For redemption/switch out upto 10% of the initial units allotted - Instances of deviation in valuation
within 1 year from the date of allotment: “NIL”
Disclosures regarding the detailed rationale along with other details as required under Clause
• Any redemption/switch out - in excess of the above mentioned limit
2.1.4 of SEBI Circular no. SEBI/HO/IMD/DF4/CIR/P/2019/41 dated March 22, 2019, are
would be subject to an exit load of 1%, if the units are redeemed/
switched out within 1 year from the date of allotment of units. available at below mentioned link :
• If the units are redeemed/switched out after 1 year from the date of https://www.boiaxamf.com/docs/default-source/reports/regulatory-disclosures/rationale-
allotment of units : “Nil” for-deviation-29-01-21.pdf
**Please note that the provisions pertaining to creation of segregated portfolio have
been incorporated in the Scheme Information Document (SID) and Key Information
Memorandum (KIM) of the aforesaid Scheme w.e.f May 15, 2020. Kindly refer the SID and
KIM of the Scheme for further details in this regard.
For Dividend History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 26 8SIP SHIELD AVAILABLE
Equity Fund Hybrid Fund Debt Fund
This product is suitable for investors Risk-o-meter is based on the
BOI AXA Equity Debt Rebalancer Fund** who are seeking*:
• Long term capital appreciation
scheme portfolio as on
January 31, 2021
Moder
ate
Moder
High
ately
to e
(An open ended dynamic asset allocation fund) • Dynamic asset allocation between w at
Lo der
M
o
Hi
gh
equity and fixed income based on
Very
equity market valuations
Low
High
RISKOMETER
Investors understand that their principal will be at
moderate risk
*Investors should consult their financial advisor if they are not clear about
All data as on January 31, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Portfolio Holdings % to Net Portfolio Holdings % to Net
Consumer Non Durables 13.69%
Industry/ Rating Assets Industry/ Rating Assets
Pharmaceuticals 11.56%
EQUITY HOLDINGS FUTURES AND OPTIONS
Software 5.19%
Consumer Non Durables 13.69 Equity Futures
Banks 5.18% 4 Tata Consumer Products 2.78 Tech Mahindra Limited -0.31
Finance 4.73% Limited Ambuja Cements Limited -0.39
Petroleum Products 3.97% 4 Asian Paints Limited 2.65 Shree Cement Limited -0.75
Marico Limited 1.31 Bata India Limited -0.76
Telecom - Services 3.57% Dabur India Limited 1.27 Tata Power Company Limited -0.81
Construction Project 2.68% Hindustan Unilever Limited 1.27 Colgate Palmolive (India) Limited -1.04
Ferrous Metals 2.60% United Spirits Limited 1.14 United Spirits Limited -1.14
Auto 2.31% Colgate Palmolive (India) 1.03 Info Edge (India) Limited -1.15
Limited Vedanta Limited -1.19
Cement 2.15% Nestle India Limited 0.92 Divi's Laboratories Limited -1.25
Consumer Durables 2.15% Britannia Industries Limited 0.81 Hindustan Unilever Limited -1.26
Non - Ferrous Metals 1.18% ITC Limited 0.50 Titan Company Limited -1.27
Pharmaceuticals 11.56 Eicher Motors Limited -1.27
Retailing 0.82%
4 Divi's Laboratories Limited 3.27 Dabur India Limited -1.28 D
Power 0.80% 4 Sun Pharmaceutical 2.59 Marico Limited -1.32
Industries Limited Larsen & Toubro Limited -1.42 Y
INVESTMENT OBJECTIVE Lupin Limited 2.36 HDFC Life Insurance Company -1.47
Cipla Limited 1.55 Limited
N
The Scheme aims at generating long term returns with lower volatility by following a Dr. Reddy's Laboratories 1.12 Cipla Limited -1.56 A
disciplined allocation between equity and debt securities. The equity allocation will be Limited Tata Consultancy Services -1.60
determined based on the month end P/E ratio of the Nifty 50 Index. There is no assurance Torrent Pharmaceuticals 0.67 Limited M
that the investment objectives of the Scheme will be realized and the Scheme does not Limited Reliance Industries Limited -1.70 I
assure or guarantee any returns. Software 5.19 Asian Paints Limited -1.72
4 Tata Consultancy Services 3.74 Housing Development Finance -1.79 C
BENCHMARK
Limited Corporation Limited
Nifty 50 Total Return Index (TRI) - 50% & CRISIL Short Term Bond Fund Index - 50% Info Edge (India) Limited 1.15 ICICI Bank Limited -1.85
DATE OF ALLOTMENT Tech Mahindra Limited 0.30 Tata Consumer Products Limited -2.19 A
Banks 5.18 Lupin Limited -2.37
March 14, 2014 HDFC Bank Limited 2.29 Sun Pharmaceutical Industries -2.57 S
FUND MANAGER ICICI Bank Limited 1.92 Limited S
Kotak Mahindra Bank Limited 0.95 JSW Steel Limited -2.62
Ajay Khandelwal (Equity) (w.e.f. July 15, 2019) Around 15 years of experience, including 10 Axis Bank Limited 0.02 Bharti Airtel Limited -2.84 E
years in mutual fund industry. Finance 4.73 Equity Futures Total -40.89 T
Amit Modani (Debt) (w.e.f January 23, 2020) - Around 8 years of experience in managing 4 Housing Development Finance 2.62
Corporation Limited CORPORATE DEBT
Fixed Income Portfolio. BONDS & NCDs
HDFC Life Insurance Company 1.47
AVERAGE AUM Limited Sintex-BAPL Limited (BWR D) 0.00 A
` 79.06 Crs. ICICI Lombard General 0.63 Total 0.00 L
Insurance Company Limited MUTUAL FUND INVESTMENT
LATEST AUM
Bajaj Finance Limited 0.01 L
BOI AXA Arbitrage Fund 3.20
` 76.09 Crs. Petroleum Products 3.97 Direct Plan Growth O
MINIMUM APPLICATION AMOUNT (LUMPSUM) 4 Reliance Industries Limited 3.97 Total 3.20
Telecom - Services 3.57 C
Regular/ Direct Plan ` 5,000 and in multiples of ` 1 4 Bharti Airtel Limited 3.57 INVIT A
ADDITIONAL PURCHASE AMOUNT Construction Project 2.68 IRB InvIT Fund 5.24
4 Larsen & Toubro Limited 2.68 India Grid Trust InvIT Fund 4.58 T
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 Ferrous Metals 2.60 Total 9.82
4 JSW Steel Limited 2.60
I
OTHER PARAMETERS (As on January 29, 2021)
FIXED DEPOSITS (MARGIN)
Average Maturity: 0.11 Years
Auto 2.31
HDFC Bank Limited 1.31
O
Eicher Motors Limited 1.26
Macaulay Duration: 0.11 Years Mahindra & Mahindra Limited 1.05 Total 1.31 N
Modified Duration: 0.11 Years Cement 2.15 CASH & CASH EQUIVALENT
Portfolio Yield: 3.11% UltraTech Cement Limited 1.02 Net Receivables/(Payables) after 62.66
NAV (As on January 29, 2021) NAV (`) Shree Cement Limited 0.75 adjusting for futures F
Ambuja Cements Limited 0.38 TREPS / Reverse Repo 1.30
Regular Plan Direct Plan Consumer Durables 2.15
U
Investments
Growth 15.4495 Growth 16.0379 Titan Company Limited 1.39 N
Total 63.97
Dividend 11.1636 Dividend 10.6831 Bata India Limited 0.76
Non - Ferrous Metals 1.18 GRAND TOTAL 100.00 D
LOAD STRUCTURE (FOR ALL PLANS)
Vedanta Limited 1.18
Entry Load NIL 4 Indicates Top 10 Holdings.
Retailing 0.82
Exit Load • For redemption/switch out upto 10% of the initial units allotted - Avenue Supermarts Limited 0.82
within 1 year from the date of allotment: “NIL” Power 0.80
Tata Power Company Limited 0.80
• Any redemption/switch out - in excess of the above mentioned limit Total 62.59
would be subject to an exit load of 1%, if the units are redeemed/
switched out within 1 year from the date of allotment of units. Note: Net Equity Exposure can be calculated as net of Equity Holdings and Future and Options.
• If the units are redeemed/switched out after 1 year from the date of Instances of deviation in valuation
allotment of units : “Nil” Disclosures regarding the detailed rationale along with other details as required under Clause
2.1.4 of SEBI Circular no. SEBI/HO/IMD/DF4/CIR/P/2019/41 dated March 22, 2019, are
**Please note that the provisions pertaining to creation of segregated portfolio have available at below mentioned link :
been incorporated in the Scheme Information Document (SID) and Key Information https://www.boiaxamf.com/docs/default-source/reports/regulatory-disclosures/rationale-
Memorandum (KIM) of the aforesaid Scheme w.e.f May 15, 2020. Kindly refer the SID and for-deviation-29-01-21.pdf
KIM of the Scheme for further details in this regard.
For Dividend History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 26 9Equity Fund Hybrid Fund Debt Fund
This product is suitable for investors Risk-o-meter is based on the
BOI AXA Conservative Hybrid Fund** who are seeking*:
• Long term capital appreciation and
scheme portfolio as on
January 31, 2021
Moder
ate
Moder
High
ately
(An open ended hybrid scheme investing predominantly in debt instruments) regular income. to e
w at
Hi
gh
Lo der
o
• Investment in equity and equity M
Very
related securities (10% - 25%) as well
Low
High
as fixed income securities (Debt /
Money Market Instruments/ Govt. RISKOMETER
Securities). Investors understand that their principal will be at
moderate risk
*Investors should consult their financial advisor if they are not clear about
All data as on January 31, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION COMPOSITION BY ASSETS
Pharmaceuticals 5.04% 6.63%
Software 4.79% 10.03%
Consumer Non Durables 2.92% 34.53%
Telecom - Services 2.05%
Banks 0.93% 18.38%
Petroleum Products 0.76%
Chemicals 0.64%
Cement 0.51% 30.43%
Power 0.37% Bonds & NCDs Cash & Cash Equivalent Equity & equity related securities
Finance 0.37% Certificate of Deposit Government Bond
INVESTMENT OBJECTIVE PORTFOLIO DETAILS
The Scheme seeks to generate regular income through investments in fixed income securities Portfolio Holdings % to Net Portfolio Holdings % to Net
and also to generate long term capital appreciation by investing a portion in equity and Industry/ Rating Assets Industry/ Rating Assets
equity related instruments. However, there can be no assurance that the income can be EQUITY HOLDINGS GOVERNMENT BOND AND TREASURY
generated, regular or otherwise, or the investment objectives of the Scheme will be realized.
Pharmaceuticals 5.04 BILL
BENCHMARK 4 Dr. Reddy's Laboratories 1.36 Government Bond
CRISIL Hybrid 85 + 15 - Conservative Index Limited 5.85% GOI (MD 01/12/2030) (SOV) 2.95 C
DATE OF ALLOTMENT 4 Procter & Gamble Health 1.29 Total 2.95 O
March 18, 2009 Limited N
Treasury Bill
FUND MANAGER 4 Torrent Pharmaceuticals 1.08
91 Days Tbill (MD 25/03/2021) (SOV) 3.68 S
Alok Singh: (w.e.f. May 21, 2012) Around 19 years of experience, including 15 years in mutual Limited
Total 3.68 E
fund industry. 4 Alkem Laboratories Limited 0.76
AVERAGE AUM Granules India Limited 0.55 CORPORATE DEBT R
` 70.75 Crs. Software 4.79 BONDS & NCDs V
4 Infosys Limited 1.80 National Bank For Agriculture and 7.90
LATEST AUM A
4 Tata Consultancy Services 1.77 Rural Development (CRISIL AAA)
` 67.62 Crs. T
Limited REC Limited (CRISIL AAA) 7.71
MINIMUM APPLICATION AMOUNT (LUMPSUM) 4 HCL Technologies Limited 0.72 Power Finance Corporation 7.53 I
Regular/ Direct Plan ` 10,000 and in multiples of ` 1 Wipro Limited 0.49 Limited (CRISIL AAA) V
ADDITIONAL PURCHASE AMOUNT Consumer Non Durables 2.92 Bharat Petroleum Corporation 3.92
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 Hindustan Unilever Limited 2.34 Limited (CRISIL AAA)
E
OTHER PARAMETERS (As on January 29, 2021) Dabur India Limited 0.49 Power Grid Corporation of 3.80
Average Maturity: 1.28 Years Indigo Paints Limited 0.08 India Limited (CRISIL AAA) H
Macaulay Duration: 1.12 Years Telecom - Services 2.05 Small Industries Dev Bank of 3.67
Y
Modified Duration: 1.08 Years 4 Bharti Airtel Limited 2.05 India (ICRA AAA)
Portfolio Yield: 4.06% Banks 0.93 Sintex-BAPL Limited (BWR D) 0.00
B
NAV (As on January 29, 2021) NAV (`) 4 HDFC Bank Limited 0.93 Total 34.53 R
Regular Plan Eco Plan Petroleum Products 0.76
MONEY MARKET INSTRUMENTS
I
Growth 21.1473 Growth 21.6550 4 Reliance Industries Limited 0.76
Certificate of Deposit D
Monthly Dividend 11.4036 Monthly Dividend 17.3681 Chemicals 0.64
Quarterly Dividend 11.2842 Quarterly Dividend - Axis Bank Limited (ICRA A1+) 10.03
Navin Fluorine International 0.64
Annual Dividend 10.5329 Annual Dividend - Total 10.03
Limited F
Direct Plan Cement 0.51 CASH & CASH EQUIVALENT U
Growth 21.9976 UltraTech Cement Limited 0.51 Net Receivables/(Payables) 9.28
Monthly Dividend 10.3464 N
Power 0.37 TREPS / Reverse Repo 21.14
Quarterly Dividend 10.8452 D
Annual Dividend 10.4747 NTPC Limited 0.37 Investments
LOAD STRUCTURE (FOR ALL PLANS) Finance 0.37 Total 30.43
Home First Finance Company 0.37
Entry Load NIL GRAND TOTAL 100.00
India Limited
Exit Load • For redemption/switch out -of up to 10% of the initial units allotted -
Total 18.38 4 Indicates Top 10 Holdings.
within 1 year from the date of allotment: “NIL”.
• Any redemption/switch out-in excess of the above mentioned limit
Instances of deviation in valuation
would be subject to an exit load of 1%, if the units are switched out
within 1 year from the date of allotment of units. Disclosures regarding the detailed rationale along with other details as required under Clause
2.1.4 of SEBI Circular no. SEBI/HO/IMD/DF4/CIR/P/2019/41 dated March 22, 2019, are
• If the units are redeemed/switched out after 1 year from the date of available at below mentioned link :
allotment of units : “NIL”. https://www.boiaxamf.com/docs/default-source/reports/regulatory-disclosures/rationale-
for-deviation-29-01-21.pdf
**Please note that the provisions pertaining to creation of segregated portfolio have
been incorporated in the Scheme Information Document (SID) and Key Information
Memorandum (KIM) of the aforesaid Scheme w.e.f May 15, 2020. Kindly refer the SID and
KIM of the Scheme for further details in this regard.
For Dividend History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 26 10Equity Fund Hybrid Fund Debt Fund
This product is suitable for investors Risk-o-meter is based on the
BOI AXA Arbitrage Fund** who are seeking*:
• Income over short to medium term
scheme portfolio as on
January 31, 2021
Moder
ate
Moder
High
ately
(An open ended scheme investing in arbitrage opportunities) • Income through arbitrage to e
w at
Lo der
o
Hi
gh
M
opportunities between cash and
Very
derivative segments of the equity
Low
High
market and arbitrage opportunities
RISKOMETER
within the derivative segment Investors understand that their principal will be at
low risk
*Investors should consult their financial advisor if they are not clear about
All data as on January 31, 2021 (Unless indicated otherwise) the suitability of the product.
INVESTMENT OBJECTIVE PORTFOLIO DETAILS
The Scheme seeks to generate income through arbitrage opportunities between cash and Portfolio Holdings % to Net Portfolio Holdings % to Net
derivative segments of the equity market and arbitrage opportunities within the derivative Industry/ Rating Assets Industry/ Rating Assets
segment and by deployment of surplus cash in debt securities and money market EQUITY HOLDINGS FUTURES AND OPTIONS
instruments. However, there is no assurance or guarantee that the investment objective of Consumer Non Durables 17.37 Equity Futures
the scheme will be realized 4 Hindustan Unilever Limited 3.20 Power Finance Corporation -0.21
BENCHMARK 4 Dabur India Limited 2.63 Limited
Asian Paints Limited 1.82 Pidilite Industries Limited -0.53
NIFTY 50 Arbitrage Index
Colgate Palmolive (India) 1.76 Bharat Forge Limited -0.55
DATE OF ALLOTMENT Limited Info Edge (India) Limited -0.69
June 18, 2018 Britannia Industries Limited 1.76 Mahindra & Mahindra Limited -1.00
Tata Consumer Products 1.66 Maruti Suzuki India Limited -1.14
FUND MANAGER Limited SBI Life Insurance Company -1.23
Ajay Khandelwal: (w.e.f. June 18, 2018) Around 15 years of experience, including 10 years in Nestle India Limited 1.61 Limited
mutual fund industry. Marico Limited 1.57 Bata India Limited -1.30
AVERAGE AUM United Spirits Limited 1.36 UltraTech Cement Limited -1.35
Pharmaceuticals 13.02 United Spirits Limited -1.37
` 32.12 Crs. 4 Sun Pharmaceutical 3.61 Larsen & Toubro Limited -1.45
LATEST AUM Industries Limited Eicher Motors Limited -1.52
4 Cipla Limited 2.70 Hindalco Industries Limited -1.53
` 31.82 Crs.
4 Lupin Limited 2.42 Marico Limited -1.57
MINIMUM APPLICATION AMOUNT (LUMPSUM) 4 Dr. Reddy's Laboratories 2.17 Nestle India Limited -1.62
Regular/ Direct Plan ` 5,000 and in multiples of ` 1 Limited Tata Consumer Products Limited -1.67
Divi's Laboratories Limited 2.12 Titan Company Limited -1.68
ADDITIONAL PURCHASE AMOUNT Software 6.56 SRF Limited -1.69 A
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 Tata Consultancy Services 2.05 Reliance Industries Limited -1.75
Limited Britannia Industries Limited -1.77 R
OTHER PARAMETERS (As on January 29, 2021)
HCL Technologies Limited 2.01 Colgate Palmolive (India) Limited -1.78 B
Average Maturity: 0.02 Years Tech Mahindra Limited 1.81 Asian Paints Limited -1.82
Macaulay Duration: 0.01 Years Info Edge (India) Limited 0.69 Tech Mahindra Limited -1.82 I
Modified Duration: 0.01 Years Finance 4.13 Ambuja Cements Limited -1.85
Portfolio Yield: 3.12% T
4 Housing Development Finance 2.69 Siemens Limited -1.93
NAV (As on January 29, 2021) NAV (`) Corporation Limited HCL Technologies Limited -2.02 R
SBI Life Insurance Company 1.22 Tata Consultancy Services Limited -2.07
Regular Plan Direct Plan
Limited Divi's Laboratories Limited -2.13
A
Growth 11.1828 Growth 11.3884
Monthly Dividend 10.1340 Monthly Dividend 10.2790 Power Finance Corporation 0.21 Dr. Reddy's Laboratories Limited -2.18 G
Quarterly Dividend 10.6957 Quarterly Dividend 10.8267 Limited Bharti Airtel Limited -2.27
Annual Dividend 10.3245 Annual Dividend 10.3093 Auto 3.63 Lupin Limited -2.43 E
Eicher Motors Limited 1.51 Tata Power Company Limited -2.57
LOAD STRUCTURE (FOR ALL PLANS)
Maruti Suzuki India Limited 1.13 Dabur India Limited -2.64
Entry Load NIL Mahindra & Mahindra Limited 0.99 Housing Development Finance -2.71 F
Exit Load • For Redemption/switch out - of up to 10% of the initial units allotted - Cement 3.17 Corporation Limited
U
within 30 days from the date of allotment - "NIL" Ambuja Cements Limited 1.84 Cipla Limited -2.72
• Any Redemption/Switch out - in excess of the above mentioned limit UltraTech Cement Limited 1.34 ICICI Bank Limited -2.80 N
would be subject to an exit load of 0.50%, if the units are switched out Consumer Durables 2.97 Hindustan Unilever Limited -3.22
within 30 days from the date of allotment of units Titan Company Limited 1.67 Sun Pharmaceutical Industries -3.59 D
• If the units are redeemed/switched out after 30 days from the date of Bata India Limited 1.30 Limited
allotment of units - "NIL" Banks 2.78 Equity Futures Total -68.15
4 ICICI Bank Limited 2.78
FIXED DEPOSITS (MARGIN)
Power 2.56
HDFC Bank Limited 3.65
4 Tata Power Company Limited 2.56
Total 3.65
Telecom - Services 2.25
4 Bharti Airtel Limited 2.25 CASH & CASH EQUIVALENT
Industrial Products 2.24 Net Receivables/(Payables) after 91.96
SRF Limited 1.69 adjusting for futures
Bharat Forge Limited 0.55 TREPS / Reverse Repo 4.70
Industrial Capital Goods 1.92 Investments
Siemens Limited 1.92 Total 96.63
Petroleum Products 1.74 GRAND TOTAL 100.00
Reliance Industries Limited 1.74
4 Indicates Top 10 Holdings.
Non - Ferrous Metals 1.53
Hindalco Industries Limited 1.53
Construction Project 1.45
Larsen & Toubro Limited 1.45
**Please note that the provisions pertaining to creation of segregated portfolio have Chemicals 0.52
been incorporated in the Scheme Information Document (SID) and Key Information Pidilite Industries Limited 0.52
Memorandum (KIM) of the aforesaid Scheme w.e.f May 15, 2020. Kindly refer the SID and Total 67.84
KIM of the Scheme for further details in this regard.
For Dividend History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 26 11You can also read
