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We wish you and everyone
wellness, safety and good health.
Facts
Figures
in
April 2021
Monthly fund analysis and market reviewsMARKET UPDATE Alok Singh
CHIEF INVESTMENT OFFICER
In the month of April 2021 India witnessed the surge of second Covid-19 wave. This wave was fast spreading and caught everyone off guard.
The sudden rise in the patient count chocked up medical infrastructure. This forced government to impose restrictions and lockdowns. The
widespread medical emergency along with lockdowns have an impact on the economic activity of the country, which in turn impact the cash
flows of individuals, corporates and governments. However, we didn’t see equity market being worried about this fact.
Maybe market believes that having lived through the pandemic all of last year, the medical infrastructure is now experienced enough to deal
with the situation. Also, in last one year we have seen evolution of treatment protocols and discovery of new medicines. The Covid-19 vaccines
by many Manufactures are also approved and getting administered across the globe. Infact countries which have managed to vaccinate a large
portion of its population have started reducing the restrictions and economic activity has started picking up. Markets clearly are working on
the hypothesis that this surge in India will be under control in few months and increased vaccination should result in minimal damage to the
economy in case of a third wave.
Equity markets also got lot of support from the Q4 2020-21 result season. The results declared so far are in line with market expectations. The
margin pressure is seen across sectors, mainly because of the rising input cost and inability to pass on the increased cost to end customers. The
price increase in both agricultural and non-agricultural commodities has been the main contributor to the rise in input cost. At the same time
service sector margins got impacted because of wage inflation. Having said this, we believe that market is reasonably confident that in the
medium term businesses would be able to pass on most of the increased cost to end customers and would also be able to generate some
process cost saving helping them to protect their margins. A lot of this confidence is coming from last year, where market witnessed a lot of
pent up demand, which allowed businesses to generate operating leverage.
Markets also believe that governments and central banks will remain supportive. In fact RBI has already announced measures to support small
and medium sized businesses, though a large scale fiscal package is missing so far. Equity markets remained resilient during the worst phase of
the second wave and shifted focus from indices to individual stocks, we believe that this may continue in coming months also. We continue to
remain positive on health care, pharma, Chemicals, Metals and IT. Financials, which underperformed in recent times, mainly because of
elevated concerns about NPA and loan growth could witness market focus once the second Covid-19 wave starts receding in the coming
months.
The weather forecasters indicates a normal monsoon for this year. If this happens to be true, then India will witnesses a third year of good
monsoon. This will have a positive impact on the rural economy and should support overall growth. Good rains may also help in controlling
food inflation to some extent.
Inflation has been rising across all major economies, however currently central banks are not very concerned about this rise. Almost all central
banks are focusing solely on growth revival and sustainability of growth. RBI is no different. Like all other central banks, RBI is also ready to
monetize the increased fiscal deficit to the extent possible. This is not allowing bond yields to spike up. The actions of RBI in the bond market
has kept the 10yr GOI bond yield anchored around 6% mark. This has not allowed steepening of the curve which was expected to happen
because of higher government borrowing and inflation expectations. The inflation risk and stabilizing economy leave very little scope of any
monetary easing in near term. This in turns stacks the odds against duration play in the fixed income portfolio and short term duration roll
down should work well.
Overall looking at the current macroeconomic conditions along with geopolitical situation in pandemic times, leads us to believe that markets
will continue to witness heavy inflows. This would result in heightened volatility across the asset classes.
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
April 30, 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 April 30, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Banks 16.09% Portfolio Holdings % to Net Portfolio Holdings % to Net
Pharmaceuticals 12.56% Industry/ Rating Assets Industry/ Rating Assets
Others 11.68%
Software 10.68% EQUITY HOLDINGS Telecom - Services 3.92
Chemicals 6.02% Banks 16.09 Bharti Airtel Limited 3.92
Finance 5.38% 4 HDFC Bank Limited 4.69 Consumer Non Durables 3.70
Capital Markets 4.51%
Industrial Capital Goods 4.42% Kotak Mahindra Bank Limited 3.90 Hindustan Unilever Limited 1.47
Auto 4.08% State Bank of India 3.29 Kansai Nerolac Paints Limited 1.18
Pesticides 4.02% ICICI Bank Limited 2.94 Varun Beverages Limited 1.05
Telecom - Services 3.92%
Consumer Non Durables 3.70% City Union Bank Limited 1.27 Consumer Durables 3.54
Consumer Durables 3.54% Pharmaceuticals 12.56 Crompton Greaves Consumer 1.97
Petroleum Products 2.93% Divi's Laboratories Limited 4.20 Electricals Limited
Insurance 2.69%
Cement & Cement Products 2.53% Cipla Limited 1.78 Kajaria Ceramics Limited 1.19
Dr. Reddy's Laboratories 1.69 Relaxo Footwears Limited 0.38
INVESTMENT OBJECTIVE Limited Petroleum Products 2.93
The Scheme seeks to generate income and long-term capital appreciation by investing Laurus Labs Limited 1.60 Reliance Industries Limited 2.93
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 Ajanta Pharma Limited 1.20 Insurance 2.69
cap fund. The Scheme is not providing any assured or guaranteed returns Natco Pharma Limited 1.12 HDFC Life Insurance Company 0.91
WHO SHOULD INVEST Gland Pharma Limited 0.97 Limited
The fund is suited to investors with some prior experience in equity investing or even for Software 10.68 ICICI Lombard General 0.69
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. Infosys Limited 3.83 Insurance Company Limited A
BENCHMARK MphasiS Limited 2.02 SBI Life Insurance Company 0.57
Tata Consultancy Services 1.34 Limited R
S&P BSE 250 LargeMidCap (TRI)
DATE OF ALLOTMENT Limited Max Financial Services Limited 0.52 G
October 21, 2008 Persistent Systems Limited 1.26 Cement & Cement Products 2.53
FUND MANAGER Coforge Limited 1.25 UltraTech Cement Limited 2.53 E
Alok Singh: (w.e.f. February 16, 2017) Around 20 years of experience, including 16 years in HCL Technologies Limited 0.98 Others 11.68
mutual fund industry. Chemicals 6.02 Steel Authority of India Limited 2.30
AVERAGE AUM
Alkyl Amines Chemicals Limited 1.84 Gujarat Gas Limited 1.97 &
` 181.57 Crs.
SRF Limited 1.52 The Phoenix Mills Limited 1.72
LATEST AUM
Vinati Organics Limited 1.48 Torrent Power Limited 1.49
` 183.71 Crs. M
Aarti Industries Limited 1.18 Astral Poly Technik Limited 1.25
MINIMUM APPLICATION AMOUNT (LUMPSUM)
Regular/ Direct Plan ` 5,000 and in multiples of ` 1 Finance 5.38 Garware Technical Fibres 1.03 I
ADDITIONAL PURCHASE AMOUNT Muthoot Finance Limited 2.36 Limited
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 Housing Development Finance 0.95 Indian Railway Catering And 0.99 D
PORTFOLIO TURNOVER RATIO (As on April 30, 2021) Corporation Limited Tourism Corporation Limited
# #
1.18 Times ( Basis last rolling 12 months) Cholamandalam Investment 0.72 AIA Engineering Limited 0.93
OTHER PARAMETERS (As on April 30, 2021) and Finance Company Limited Total 98.75 C
Standard Deviation (Annualized): 18.83% (BOI AXA Large & Mid Cap Equity Fund) IIFL Wealth Management 0.68
18.34% (S&P BSE 250 LargeMidCap (TRI)) A
Limited GOVERNMENT BOND AND
Beta: 0.98
Sharpe Ratio*: 0.28 SBI Cards and Payment 0.67 TREASURY BILL P
Tracking Error (Annualized): 5.91% Services Limited Treasury Bill
Above ratios are calculated using 6 years history of monthly returns 364 Days Tbill (MD 03/06/2021) 0.08
*Risk-free rate assumed to be 3.42% (MIBOR as on April 30, 2021) Capital Markets 4.51
Computer Age Management 2.40 (SOV) F
NAV (As on April 30, 2021) NAV (`)
Services Limited Total 0.08
Regular Plan Eco Plan U
Growth 44.89 Growth 48.21 Central Depository Services 2.11
Bonus 44.88 Bonus 48.20 Warrant N
(India) Limited
Regular IDCW^^ 13.61 Regular IDCW^^ 13.92 Housing Development Finance 0.29
Quarterly IDCW^^ 16.35 Quarterly IDCW^^ 13.60 Industrial Capital Goods 4.42 D
Corporation Limited
Direct Plan Honeywell Automation India 2.46
Total 0.29
Growth 49.34 Limited
Bonus 25.51 ABB India Limited 1.96 CASH & CASH EQUIVALENT
Regular IDCW^^ 14.42 Auto 4.08
Quarterly IDCW^^ 13.73 Net Receivables/Payables 0.62
LOAD STRUCTURE (FOR ALL PLANS) Tata Motors Limited 2.13 TREPS / Reverse Repo Investments 0.26
Entry Load NIL Bajaj Auto Limited 1.04 Total 0.88
Exit Load • For redemption/switch out upto 10% of the initial units allotted - Escorts Limited 0.91
within 1 year from the date of allotment: “NIL” Pesticides 4.02 GRAND TOTAL 100.00
• 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/ PI Industries Limited 2.90
switched out within 1 year from the date of allotment of units. UPL Limited 1.12 4 Indicates Top 10 Holdings.
• 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 ^^IDCW - Please refer NOTICE-CUM-ADDENDUM NO. 32/2020-21 on the website -
KIM of the Scheme for further details in this regard. https://bit.ly/3gVe4Kf
For IDCW^^ History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 27 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
April 30, 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 April 30, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Banks 14.90% Portfolio Holdings % to Net Portfolio Holdings % to Net
Software 12.56% Industry/ Rating Assets Industry/ Rating Assets
Pharmaceuticals 11.82%
Chemicals 9.80% EQUITY HOLDINGS Sundram Fasteners Limited 0.89
Finance 9.60% Banks 14.90 Endurance Technologies 0.74
Others 7.75% 4 HDFC Bank Limited 5.62 Limited
Consumer Durables 4.93%
Pesticides 4.44% 4 ICICI Bank Limited 4.47 Ferrous Metals 3.08
Auto Ancillaries 3.60% Kotak Mahindra Bank Limited 2.26 Tata Steel Limited 1.18
Ferrous Metals 3.08% Axis Bank Limited 1.40 APL Apollo Tubes Limited 1.09
Retailing 2.87%
AU Small Finance Bank Limited 1.15 JSW Steel Limited 0.81
Industrial Products 2.85%
Consumer Non Durables 2.74% Software 12.56 Retailing 2.87
Petroleum Products 2.71% 4 Infosys Limited 3.95 Vaibhav Global Limited 0.84
Insurance 1.97% Coforge Limited 1.43 Info Edge (India) Limited 0.64
Cement & Cement Products 1.95%
Tata Elxsi Limited 1.37 Avenue Supermarts Limited 0.52
Larsen & Toubro Infotech 1.27 Indiamart Intermesh Limited 0.47 E
INVESTMENT OBJECTIVE
The Scheme seeks to generate long-term capital growth from a diversified portfolio of Limited Matrimony.Com Limited 0.40 Q
predominantly equity and equity-related securities across all market capitalisations. The Route Mobile Limited 1.25 Industrial Products 2.85
Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any Tata Consultancy Services 1.18 Prince Pipes And Fittings 1.48 U
assured or guaranteed returns. There can be no assurance that the investment objectives of Limited Limited
I
the Scheme will be realized. MphasiS Limited 1.11 Astral Poly Technik Limited 1.37
WHO SHOULD INVEST Wipro Limited 0.40 Consumer Non Durables 2.74 T
The fund is suitable for investors with a long-term investment horizon. In terms of fund Mastek Limited 0.35 Tata Consumer Products 1.63
Happiest Minds Technologies 0.25 Limited
Y
management, the 3 year lock-in period gives the fund manager the comfort of planning his
investments with a long-term horizon. Limited Asian Paints Limited 1.11
BENCHMARK Pharmaceuticals 11.82 Petroleum Products 2.71
4 Divi's Laboratories Limited 3.46 4 Reliance Industries Limited 2.71 L
S&P BSE 500 Total Return Index (TRI)
4 Laurus Labs Limited 2.89 Insurance 1.97 I
DATE OF ALLOTMENT
JB Chemicals & 1.78 Max Financial Services Limited 1.00
February 25, 2009 N
Pharmaceuticals Limited HDFC Life Insurance Company 0.97
FUND MANAGER Sequent Scientific Limited 1.75 Limited
K
Aakash Manghani: (w.e.f July 15, 2019) Around 11 years of experience in the Financial Services Suven Pharmaceuticals Limited 1.16 Cement & Cement Products 1.95
industry. Gland Pharma Limited 0.78 JK Cement Limited 1.33 E
AVERAGE AUM Chemicals 9.80 Dalmia Bharat Limited 0.62
D
` 424.20 Crs. 4 Navin Fluorine International 2.89 Others 7.75
LATEST AUM Limited Mahindra & Mahindra Limited 1.08
` 435.67 Crs. 4 Deepak Nitrite Limited 2.33 Honeywell Automation India 1.57
SRF Limited 1.99 Limited S
MINIMUM APPLICATION AMOUNT (LUMPSUM)
Alkyl Amines Chemicals Limited 1.44 Jubilant Foodworks Limited 1.22 A
Regular/ Direct Plan ` 500 and in multiples of ` 1
Vinati Organics Limited 1.15 Gujarat Gas Limited 0.98
ADDITIONAL PURCHASE AMOUNT FINANCE 9.60 Nazara Technologies Limited 0.71 V
Regular/ Direct Plan ` 500 and in multiples of ` 1 4 Cholamandalam Investment 2.93 TVS Motor Company Limited 0.70 I
PORTFOLIO TURNOVER RATIO (As on April 30, 2021) and Finance Company Limited Page Industries Limited 0.59
0.92 Times# (#Basis last rolling 12 months) Bajaj Finance Limited 2.31 Dr. Lal Path Labs Limited 0.48 N
OTHER PARAMETERS (As on April 30, 2021) Housing Development Finance 2.29 Metropolis Healthcare Limited 0.42
G
Corporation Limited Total 97.57
Standard Deviation (Annualized): 19.01% (BOI AXA Tax Advantage Fund)
18.69% (S&P BSE 500 TRI) SBI Cards and Payment 1.59
Services Limited GOVERNMENT BOND AND
Beta: 0.95 S
Sharpe Ratio*: 0.56 Can Fin Homes Limited 0.48 TREASURY BILL
Tracking Error (Annualized): 6.99% Consumer Durables 4.93 Treasury Bill C
Above ratios are calculated using 6 years history of monthly returns Dixon Technologies (India) 1.56 364 Days Tbill (MD 03/06/2021) 0.13
*Risk-free rate assumed to be 3.42% (MIBOR as on April 30, 2021) Limited (SOV) H
NAV (As on April 30, 2021) NAV (`) Amber Enterprises India 1.24 Total 0.13
E
Regular Plan Eco Plan Limited
Crompton Greaves Consumer 0.88 CASH & CASH EQUIVALENT M
Growth 81.87 Growth 87.60 Net Receivables/Payables 0.47
IDCW^^ 18.36 IDCW^^ 15.66 Electricals Limited
TREPS / Reverse Repo Investments 1.83 E
Direct Plan Bajaj Electricals Limited 0.77
Kajaria Ceramics Limited 0.48 Total 2.30
Growth 91.07
Pesticides 4.44
IDCW^^ 38.97 GRAND TOTAL 100.00
4 PI Industries Limited 3.30
LOAD STRUCTURE (FOR ALL PLANS)
Astec LifeSciences Limited 1.14 4 Indicates Top 10 Holdings.
Entry Load NIL Auto Ancillaries 3.60
Exit Load NIL Tube Investments of India 1.97
#Investors opting for special tax rates u/s 115BAC of the Income Tax Act, 1961 ("the Act") Limited
would not be eligible for deduction u/s 80C of the Act.
**Please note that the provisions pertaining to creation of segregated portfolio have ^^IDCW - Please refer NOTICE-CUM-ADDENDUM NO. 32/2020-21 on the website -
been incorporated in the Scheme Information Document (SID) and Key Information https://bit.ly/3gVe4Kf
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 IDCW^^ History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 27 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
April 30, 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 April 30, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Industrial Products 11.58% Portfolio Holdings % to Net Portfolio Holdings % to Net
Others 11.21% Industry/ Rating Assets Industry/ Rating Assets
Consumer Durables 9.90%
Ferrous Metals 8.37% EQUITY HOLDINGS Sumitomo Chemical India 1.18
Pharmaceuticals 7.60% Industrial Products 11.58 Limited
Industrial Capital Goods 7.36%
Construction 6.89% 4 Astral Poly Technik Limited 2.55 Power 4.01
Cement & Cement Products 5.20% Elgi Equipments Limited 1.54 Torrent Power Limited 2.10
Auto Ancillaries 5.20%
Pesticides 4.65% Grindwell Norton Limited 1.48 Kalpataru Power Transmission 1.91
Power 4.01% Carborundum Universal Limited 1.24 Limited
Consumer Non Durables 3.87%
Gas 3.44% Graphite India Limited 1.11 Consumer Non Durables 3.87
Telecom - Services 3.25% Timken India Limited 1.06 Balrampur Chini Mills Limited 1.69
Auto 2.82%
Chemicals 2.64% Esab India Limited 0.96 3M India Limited 1.10
KEI Industries Limited 0.96 Kansai Nerolac Paints Limited 1.08
INVESTMENT OBJECTIVE AIA Engineering Limited 0.68 Gas 3.44
The Scheme seeks to generate long term capital appreciation through a portfolio of Consumer Durables 9.90 4 Gujarat Gas Limited 3.44
predominantly equity and equity related securities of companies engaged in manufacturing
and infrastructure related sectors. Further, there can be no assurance that the investment 4 Dixon Technologies (India) 4.08 Telecom - Services 3.25
objectives of the scheme will be realized. The Scheme is not providing any assured or Limited 4 Bharti Airtel Limited 3.25
guaranteed returns.
4 Kajaria Ceramics Limited 2.54 Auto 2.82
WHO SHOULD INVEST
The Scheme would be more suitable for investors who are desirous of increasing their Amber Enterprises India 1.74 V.S.T Tillers Tractors Limited 2.16
exposure to manufacturing & infrastructure sector in their personal equity portfolio. Thus, Limited Bajaj Auto Limited 0.66
this Scheme could act as a "top up" over existing investments of such investors in diversified
equity funds. However, for a first time investor, it might still be advisable to initially start his Orient Electric Limited 1.54 Chemicals 2.64
investment with a diversified equity fund. Ferrous Metals 8.37 Alkyl Amines Chemicals Limited 2.01
BENCHMARK 4 APL Apollo Tubes Limited 3.68 Linde India Limited 0.63
S&P BSE India Manufacturing Total Return Index (TRI) - 50% & S&P BSE India Infrastructure
Total Return Index (TRI) - 50% Steel Authority of India Limited 2.58 Others 11.21 S
DATE OF ALLOTMENT Mishra Dhatu Nigam Limited 1.39 Larsen & Toubro Limited 2.46
E
March 05, 2010 Kamdhenu Limited 0.72 NMDC Limited 2.15
FUND MANAGER Pharmaceuticals 7.60 Reliance Industries Limited 2.15
C
Alok Singh: (w.e.f. February 16, 2017) Around 20 years of experience, including 16 years in 4 Divi's Laboratories Limited 3.95 Chambal Fertilizers & 1.27 T
mutual fund industry.
AVERAGE AUM Cipla Limited 1.61 Chemicals Limited O
` 45.60 Crs. Granules India Limited 1.56 Coromandel International 1.28 R
LATEST AUM Alkem Laboratories Limited 0.48 Limited
A
` 46.30 Crs. Industrial Capital Goods 7.36 Max Ventures and Industries 0.95
MINIMUM APPLICATION AMOUNT (LUMPSUM) L
4 Honeywell Automation India 4.19 Limited
Regular/ Direct Plan ` 5,000 and in multiples of ` 1
Limited K.P.R. Mill Limited 0.95
ADDITIONAL PURCHASE AMOUNT
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 ABB India Limited 2.15 Total 97.99 F
PORTFOLIO TURNOVER RATIO (As on April 30, 2021) Siemens Limited 1.02 U
GOVERNMENT BOND AND
0.74 Times# (#Basis last rolling 12 months) Construction 6.89 N
OTHER PARAMETERS (As on April 30, 2021) TREASURY BILL
KNR Constructions Limited 2.16
Standard Deviation (Annualized): 20.98% (BOI AXA Manufacturing & Infrastructure Fund) Treasury Bill D
Brigade Enterprises Limited 1.62
20.59% (S&P BSE India Manufacturing TRI - 50% & S&P 364 Days Tbill (MD 03/06/2021) 0.22
BSE India Infrastructure TRI - 50%) Ahluwalia Contracts (India) 1.47
Beta: 0.94 (SOV)
Limited
Sharpe Ratio*: 0.37 Total 0.22
Tracking Error (Annualized): 8.07% JMC Projects (India) Limited 0.94
Above ratios are calculated using 5 years history of monthly returns of the fund and the The Phoenix Mills Limited 0.70 CASH & CASH EQUIVALENT
above Indices as the inception of S&P BSE Infrastructure Index is May 28, 2014.
Cement & Cement Products 5.20 Net Receivables/Payables 0.61
*Risk-free rate assumed to be 3.42% (MIBOR as on April 30, 2021)
NAV (As on April 30, 2021) NAV (`) UltraTech Cement Limited 2.31 TREPS / Reverse Repo Investments 1.19
Regular Plan Direct Plan Birla Corporation Limited 1.59 Total 1.79
Growth 22.58 Growth 24.95 ACC Limited 1.30
Regular IDCW^^ 14.73 Regular IDCW^^ 23.56 Auto Ancillaries 5.20 GRAND TOTAL 100.00
Quarterly IDCW^^ 14.66 Quarterly IDCW^^ 24.54
LOAD STRUCTURE (FOR ALL PLANS) 4 Tube Investments of India 5.20
4 Indicates Top 10 Holdings.
Entry Load NIL Limited
Exit Load • For redemption/switch out upto 10% of the initial units allotted - Pesticides 4.65
within 1 year from the date of allotment: “NIL”
PI Industries Limited 2.03
• 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/ UPL Limited 1.44
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 ^^IDCW - Please refer NOTICE-CUM-ADDENDUM NO. 32/2020-21 on the website -
allotment of units : “Nil” https://bit.ly/3gVe4Kf
**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 IDCW^^ History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 27 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
April 30, 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 April 30, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Consumer Durables 15.12% Portfolio Holdings % to Net Portfolio Holdings % to Net
Chemicals 14.57% Industry/ Rating Assets Industry/ Rating Assets
Pharmaceuticals 10.05%
Software 10.01% EQUITY HOLDINGS Cholamandalam Investment 1.40
Industrial Products 9.09% Consumer Durables 15.12 and Finance Company Limited
Finance 6.53% 4 Dixon Technologies (India) 2.60 Bajaj Finance Limited 0.45
Capital Markets 6.37%
Auto Ancillaries 5.62% Limited Mas Financial Services Limited 0.36
Consumer Non Durables 4.03% 4 Century Plyboards (India) 2.55 Capital Markets 6.37
Others 3.73% Limited 4 Central Depository Services 3.56
Banks 2.96%
Cement & Cement Products 1.49% Amber Enterprises India 1.99 (India) Limited
Textile Products 1.41% Limited Indian Energy Exchange Limited 1.33
Construction 1.36% Orient Electric Limited 1.35 Multi Commodity Exchange of 0.81
Retailing 1.18%
Transportation 1.07% Greenpanel Industries Limited 1.32 India Limited
Cera Sanitaryware Limited 0.98 CARE Ratings Limited 0.67
INVESTMENT OBJECTIVE La Opala RG Limited 0.86 Auto Ancillaries 5.62
Kajaria Ceramics Limited 0.73 4 Tube Investments of India 2.43
The investment objective of the scheme is to generate long term capital appreciation by
investing predominantly in equity and equity-related securities of small cap companies. Sheela Foam Limited 0.69 Limited
However, there can be no assurance that the investment objectives of the Scheme will be Relaxo Footwears Limited 0.67 Jtekt India Limited 0.92
realized. VIP Industries Limited 0.49 Jamna Auto Industries Limited 0.85
Borosil Limited 0.45 Minda Industries Limited 0.75
WHO SHOULD INVEST
V-Guard Industries Limited 0.44 Subros Limited 0.67
The fund is suitable for investors who have a medium to long term investment horizon, and Chemicals 14.57 Consumer Non Durables 4.03
prior experience in equity investing. The scheme is Ideal for small cap investors who can 4 Galaxy Surfactants Limited 3.09 Radico Khaitan Limited 1.99
patiently invest and those willing to absorb short-term volatility and the risks associated with
4 Deepak Nitrite Limited 2.39 CCL Products (India) Limited 0.99
investing in equities, especially small cap companies.
Neogen Chemicals Limited 1.87 DFM Foods Limited 0.58
BENCHMARK Navin Fluorine International 1.65 Mrs. Bectors Food Specialities 0.47 S
Nifty Smallcap 100 Total Return Index Limited Limited M
Sudarshan Chemical 1.48 Banks 2.96
DATE OF ALLOTMENT A
Industries Limited HDFC Bank Limited 1.62
December 19, 2018 Rossari Biotech Limited 1.43 CSB Bank Limited 1.34 L
FUND MANAGER Atul Limited 1.01 Cement & Cement Products 1.49 L
NOCIL Limited 0.70 HeidelbergCement India 1.49
Ajay Khandelwal (w.e.f December 19, 2018) - Around 16 years of experience, including 11 years
in mutual fund industry. Privi Speciality Chemicals 0.61 Limited
Limited Textile Products 1.41 C
AVERAGE AUM Linde India Limited 0.34 K.P.R. Mill Limited 1.41 A
` 122.47 Crs. Pharmaceuticals 10.05 Construction 1.36
P
4 Sequent Scientific Limited 3.41 KNR Constructions Limited 1.36
LATEST AUM
4 JB Chemicals & 2.41 Retailing 1.18
` 129.80 Crs. Pharmaceuticals Limited Indiamart Intermesh Limited 1.18 F
MINIMUM APPLICATION AMOUNT (LUMPSUM) 4 Laurus Labs Limited 2.35 Transportation 1.07
U
Neuland Laboratories Limited 1.00 Mahindra Logistics Limited 1.07
Regular/ Direct Plan ` 5,000 and in multiples of ` 1 N
Eris Lifesciences Limited 0.51 Others 3.73
ADDITIONAL PURCHASE AMOUNT Cipla Limited 0.37 Nazara Technologies Limited 1.00 D
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 Software 10.01 SIS Limited 0.96
Mastek Limited 2.30 Astec LifeSciences Limited 0.81
PORTFOLIO TURNOVER RATIO (As on April 30, 2021)
Persistent Systems Limited 1.55 Dr. Lal Path Labs Limited 0.59
0.78 Times#(#Basis last rolling 12 months) Tata Elxsi Limited 1.53 Garware Technical Fibres 0.37
NAV (As on April 30, 2021) NAV (`) Route Mobile Limited 1.20 Limited
Coforge Limited 1.19 Total 94.49
Regular Plan Direct Plan
Growth 19.64 Growth 20.52 Firstsource Solutions Limited 0.87 GOVERNMENT BOND AND
IDCW^^ 16.22 IDCW^^ 16.76 Birlasoft Limited 0.85 TREASURY BILL
Happiest Minds Technologies 0.52 Treasury Bill
LOAD STRUCTURE (FOR ALL PLANS)
Limited 364 Days Tbill (MD 03/06/2021) 0.12
Entry Load NIL Industrial Products 9.09 (SOV)
Exit Load • For redemption/switch out Upto 10% of the initial units allotted - 4 EPL Limited 2.72 Total 0.12
within 1 year from the date of allotment: “NIL” Grindwell Norton Limited 2.20
Prince Pipes And Fittings 1.95 CASH & CASH EQUIVALENT
• Any redemption/switch out in excess of the above mentioned limit Net Receivables/Payables 0.28
would be subject to an exit load of 1%, if the units are redeemed/ Limited
Timken India Limited 1.35 TREPS / Reverse Repo Investments 5.01
switched out within 1 year from the date of allotment of units.
Mold-Tek Packaging Limited 0.87 Total 5.29
• If the units are redeemed/switched out after 1 year from the date of
Finance 6.53 GRAND TOTAL 100.00
allotment of units : “Nil”
Can Fin Homes Limited 2.17 4 Indicates Top 10 Holdings.
Repco Home Finance Limited 2.15
**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 ^^IDCW - Please refer NOTICE-CUM-ADDENDUM NO. 32/2020-21 on the website -
KIM of the Scheme for further details in this regard. https://bit.ly/3gVe4Kf
For IDCW^^ History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 27 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
April 30, 2021
Moder
ate
Moder
High
ately
Formerly BOI AXA MultiCap Fund long term to e
w at
Lo der
o
Hi
gh
M
(An open ended dynamic equity scheme investing across large cap, mid cap, • Investment in a diversified portfolio
Very
consisting of equity and equity related
Low
High
small cap stocks) 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 April 30, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Banks 15.25% Portfolio Holdings % to Net Portfolio Holdings % to Net
Others 13.98% Industry/ Rating Assets Industry/ Rating Assets
Software 13.41%
Pharmaceuticals 10.18% EQUITY HOLDINGS Auto Ancillaries 2.38
Consumer Non Durables 9.21% Banks 15.25 Endurance Technologies 1.25
Capital Markets 6.91% 4 HDFC Bank Limited 3.98 Limited
Ferrous Metals 5.50% 4 State Bank of India 3.65 Jamna Auto Industries Limited 1.13
Finance 3.86% 4 ICICI Bank Limited 3.24 Auto 2.31
Industrial Products 3.40%
Cement & Cement Products 3.05% Kotak Mahindra Bank Limited 2.15 Bajaj Auto Limited 1.23
Consumer Durables 2.60% City Union Bank Limited 1.12 V.S.T Tillers Tractors Limited 0.66
Auto Ancillaries 2.38% CSB Bank Limited 1.11 Escorts Limited 0.42
Auto 2.31% Software 13.41 Petroleum Products 2.28
Petroleum Products 2.28%
Pesticides 2.07% 4 Route Mobile Limited 2.53 4 Reliance Industries Limited 2.28
Gas 1.92% 4 Persistent Systems Limited 2.46 Pesticides 2.07
4 Infosys Limited 2.27 PI Industries Limited 1.26
INVESTMENT OBJECTIVE Tata Consultancy Services 1.61 UPL Limited 0.81
Limited Gas 1.92
The investment objective of the scheme is to generate long term capital appreciation by Coforge Limited 1.35 Gujarat Gas Limited 1.92
investing predominantly in equity and equity-related securities across various market Affle (India) Limited 1.26 Others 13.98
capitalisation. However, there can be no assurance that the investment objectives of the HCL Technologies Limited 0.97 Max Healthcare Institute 1.89
Scheme will be realized. MindTree Limited 0.96 Limited
WHO SHOULD INVEST Pharmaceuticals 10.18 ABB India Limited 1.80
4 Sequent Scientific Limited 2.49 Bharti Airtel Limited 1.76
This fund would be better suited for investors who are looking to balance risk and volatility in Suven Pharmaceuticals Limited 1.60 K.P.R. Mill Limited 1.20
a single portfolio and those who have a moderate risk appetite for equities. Investors looking Laurus Labs Limited 1.52 Hindalco Industries Limited 1.08
for a fund with a dynamic investment strategy and having long-term financial goals should Granules India Limited 1.25 Torrent Power Limited 1.01
also consider this fund. Gland Pharma Limited 1.16 Garware Technical Fibres 0.98
BENCHMARK Cipla Limited 1.12 Limited F
Strides Pharma Science Limited 1.04 Indian Railway Catering And 0.87
S&P BSE 500 Total Return Index Consumer Non Durables 9.21 Tourism Corporation Limited L
DATE OF ALLOTMENT Tata Consumer Products 1.93 Indiamart Intermesh Limited 0.80 E
Limited Navin Fluorine International 0.78
June 29, 2020
ITC Limited 1.77 Limited X
FUND MANAGER Balrampur Chini Mills Limited 1.76 HDFC Life Insurance Company 0.71 I
Hindustan Unilever Limited 1.45 Limited
Alok Singh (w.e.f June 29, 2020) - Around 20 years of experience, including 16 years in mutual
EID Parry India Limited 1.16 ICICI Lombard General 0.66
fund industry.
Dabur India Limited 0.58 Insurance Company Limited C
AVERAGE AUM Tasty Bite Eatables Limited 0.56 SBI Life Insurance Company 0.44
Capital Markets 6.91 Limited
A
` 72.25 Crs.
4 Computer Age Management 2.81 Total 98.31 P
LATEST AUM Services Limited
Central Depository Services 1.73 GOVERNMENT BOND AND
` 74.51 Crs. TREASURY BILL
(India) Limited F
MINIMUM APPLICATION AMOUNT (LUMPSUM) Indian Energy Exchange Limited 1.49 Treasury Bill
364 Days Tbill (MD 03/06/2021) 0.13 U
CARE Ratings Limited 0.88
Regular/ Direct Plan ` 5,000 and in multiples of ` 1 (SOV) N
Ferrous Metals 5.50
ADDITIONAL PURCHASE AMOUNT 4 APL Apollo Tubes Limited 3.32 Total 0.13
D
Steel Authority of India Limited 2.18
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 Warrant
Finance 3.86
Housing Development Finance 1.24
PORTFOLIO TURNOVER RATIO (As on April 30, 2021) Muthoot Finance Limited 1.71
Corporation Limited
# #
1.02 Times ( Basis last rolling 12 months) SBI Cards and Payment 1.45
Total 1.24
Services Limited
NAV (As on April 30, 2021) NAV (`) Housing Development 0.70 CASH & CASH EQUIVALENT
Regular Plan Direct Plan Finance Corporation Limited Net Receivables/Payables (0.27)
Growth 15.47 Growth 15.72 Industrial Products 3.40 TREPS / Reverse Repo Investments 0.58
IDCW^^ 14.94 IDCW^^ 14.53 Graphite India Limited 1.87 Total 0.31
Astral Poly Technik Limited 0.88
LOAD STRUCTURE (FOR ALL PLANS) AIA Engineering Limited 0.65 GRAND TOTAL 100.00
Entry Load NIL Cement & Cement Products 3.05
Birla Corporation Limited 1.73 4 Indicates Top 10 Holdings.
Exit Load (W.e.f. July 1, 2020) JK Cement Limited 1.32
• For redemption/switch out upto 10% of the initial units allotted - Consumer Durables 2.60
within 1 year from the date of allotment: “NIL” Amber Enterprises India 1.33
Limited
• Any redemption/switch out - in excess of the above mentioned limit Dixon Technologies (India) 1.27
would be subject to an exit load of 1%, if the units are Limited
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 ^^IDCW - Please refer NOTICE-CUM-ADDENDUM NO. 32/2020-21 on the website -
https://bit.ly/3gVe4Kf
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 IDCW^^ History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 27 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
April 30, 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 April 30, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Pharmaceuticals 13.00% Portfolio Holdings % to Net Portfolio Holdings % to Net
Software 10.45% Industry/ Rating Assets Industry/ Rating Assets
Capital Markets 9.81% EQUITY HOLDINGS Finance 2.44
Chemicals 9.57% Pharmaceuticals 13.00 Manappuram Finance Limited 1.64
Industrial Products 7.52% 4 Sequent Scientific Limited 3.00 Cholamandalam Investment 0.80
Ferrous Metals 5.66% JB Chemicals & 2.03 and Finance Company Limited
Consumer Durables 5.15% Pharmaceuticals Limited Consumer Non Durables 1.89
Others 4.98% Granules India Limited 1.79 Varun Beverages Limited 1.10
Cement & Cement Products 3.08% Aarti Drugs Limited 1.56 Balrampur Chini Mills Limited 0.79
Gas 3.01% IPCA Laboratories Limited 1.30 Auto Ancillaries 1.78
Finance 2.44% Ajanta Pharma Limited 1.25 Minda Industries Limited 1.78
Consumer Non Durables 1.89% Eris Lifesciences Limited 1.23 Telecom - Services 1.50
Auto Ancillaries 1.78% Suven Pharmaceuticals Limited 0.84 Tata Communications Limited 1.50
Telecom - Services 1.50% Software 10.45 Healthcare Services 1.40
Healthcare Services 1.40% 4 Persistent Systems Limited 3.17 Metropolis Healthcare Limited 1.40
Insurance 1.39% Coforge Limited 1.72 Insurance 1.39
MindTree Limited 1.43 Max Financial Services Limited 1.39
INVESTMENT OBJECTIVE Route Mobile Limited 1.38 Others 4.98
The scheme's objective is to provide capital appreciation and income distribution to investors MphasiS Limited 1.34 K.P.R. Mill Limited 1.23
from a portfolio constituting of mid and small cap equity and equity related securities as well Birlasoft Limited 0.87 Sumitomo Chemical India 0.97
as fixed income securities. However there can be no assurance that the income can be Affle (India) Limited 0.54 Limited
generated, regular or otherwise, or the investment objectives of the Scheme will be realized. Capital Markets 9.81 CSB Bank Limited 0.95
BENCHMARK
A
4 Computer Age Management 3.38 V.S.T Tillers Tractors Limited 0.91
NIFTY MidSmallcap 400 TRI: 70%; CRISIL Short Term Bond Fund Index: 30% Services Limited Gravita India Limited 0.53 G
DATE OF ALLOTMENT 4 Central Depository Services 2.22 Nazara Technologies Limited 0.39 G
July 20, 2016 (India) Limited Total 82.63
Indian Energy Exchange Limited 1.92 R
FUND MANAGER CORPORATE DEBT
Motilal Oswal Financial 1.38 E
Alok Singh: (w.e.f. February 16, 2017) Around 20 years of experience, including 16 years in BONDS & NCDs
Services Limited
mutual fund industry. REC Limited (CRISIL AAA) 1.68 S
CARE Ratings Limited 0.91
Ajay Khandelwal : (Assistant Fund Manager w.e.f. December 1, 2017) - Around 16 years of Sintex-BAPL Limited (BWR D) 0.00
Chemicals 9.57 S
experience, including 11 years in mutual fund industry. Total 1.68
4 Navin Fluorine International 4.55
AVERAGE AUM Limited MONEY MARKET INSTRUMENTS I
` 304.87 Crs. 4 Atul Limited 3.54 Certificate of Deposit V
LATEST AUM Neogen Chemicals Limited 0.81 Axis Bank Limited (ICRA A1+) 3.17
` 308.88 Crs. Laxmi Organic Industries 0.67 Total 3.17 E
Limited
MINIMUM APPLICATION AMOUNT (LUMPSUM) GOVERNMENT BOND AND TREASURY
Industrial Products 7.52
Regular/ Direct Plan ` 5,000 and in multiples of ` 1 4 Astral Poly Technik Limited 3.41 BILL H
ADDITIONAL PURCHASE AMOUNT 4 EPL Limited 2.04 Government Bond
AIA Engineering Limited 1.33 5.85% GOI (MD 01/12/2030) (SOV) 0.64 Y
Regular/ Direct Plan ` 1,000 and in multiples of ` 1
Orient Refractories Limited 0.74 Total 0.64 B
PORTFOLIO TURNOVER RATIO (As on April 30, 2021) Treasury Bill
Ferrous Metals 5.66
1.32 Times# (#Basis last rolling 12 months)
4 APL Apollo Tubes Limited 4.64 364 Days Tbill (MD 03/06/2021) 1.78 R
OTHER PARAMETERS (As on April 30, 2021) (SOV)
Kamdhenu Limited 1.02 I
Standard Deviation (Annualized): 21.65% (BOI AXA Mid & Small Cap Equity & Debt Fund) Consumer Durables 5.15 Total 1.78
20.27% (Nifty Midsmall cap 400 TRI - 70% & Kajaria Ceramics Limited 1.45 D
CASH & CASH EQUIVALENT
CRISIL Short Term Bond Fund Index - 30%) Crompton Greaves Consumer 1.25
Beta: 0.99 Net Receivables/(Payables) (0.29)
Sharpe Ratio*: 0.17 Electricals Limited TREPS / Reverse Repo 10.40
Cera Sanitaryware Limited 1.00 F
Tracking Error (Annualized): 8.08% Investments
Average Maturity: 0.55 Years Relaxo Footwears Limited 0.99 Total 10.11 U
Macaulay Duration: 0.46 Years Amber Enterprises India 0.46
Modified Duration: 0.45 Years Limited GRAND TOTAL 100.00 N
Portfolio Yield: 3.49% Cement & Cement Products 3.08 D
4 Indicates Top 10 Holdings.
Above ratios are calculated using 2 years history of monthly returns Dalmia Bharat Limited 1.71
*Risk-free rate assumed to be 3.42% (MIBOR as on April 30, 2021) ACC Limited 1.37
NAV (As on April 30, 2021) NAV (`) Gas 3.01
4 Gujarat Gas Limited 3.01
Regular Plan Direct Plan
Growth 18.03 Growth 18.79 Instances of deviation in valuation
Regular IDCW^^ 15.94 Regular IDCW^^ 16.45
Disclosures regarding the detailed rationale along with other details as required under Clause
LOAD STRUCTURE (FOR ALL PLANS)
2.1.4 of SEBI Circular no. SEBI/HO/IMD/DF4/CIR/P/2019/41 dated March 22, 2019, are
Entry Load NIL available at below mentioned link :
Exit Load • For redemption/switch out upto 10% of the initial units allotted - https://www.boiaxamf.in/docs/default-source/reports/regulatory-disclosures/rationale-for-
within 1 year from the date of allotment: “NIL”
deviation-30-04-21.pdf
• 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 ^^IDCW - Please refer NOTICE-CUM-ADDENDUM NO. 32/2020-21 on the website -
KIM of the Scheme for further details in this regard. https://bit.ly/3gVe4Kf
For IDCW^^ History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 27 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
April 30, 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 April 30, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION PORTFOLIO DETAILS
Pharmaceuticals 12.34% Portfolio Holdings % to Net Portfolio Holdings % to Net
Industry/ Rating Assets Industry/ Rating Assets
Consumer Non Durables 12.04%
EQUITY HOLDINGS FUTURES AND OPTIONS
Banks 5.60%
Pharmaceuticals 12.34 Equity Futures
Software 5.05% 4 Sun Pharmaceutical 3.21 HCL Technologies Limited -0.19
Petroleum Products 4.05% 4 Industries Limited Cipla Limited -0.35
Telecom - Services 3.85% 4 Dr. Reddy's Laboratories 3.09 Asian Paints Limited -0.56
Construction Project Limited Bata India Limited -0.77
2.99%
4 Divi's Laboratories Limited 2.90 Colgate Palmolive (India) Limited -1.06
Finance 2.98% Lupin Limited 2.79 United Spirits Limited -1.15
Ferrous Metals 2.55% Cipla Limited 0.35 Tata Power Company Limited -1.18
Retailing 2.41% Consumer Non Durables 12.04 Infosys Limited -1.19
Auto 2.41% 4 Tata Consumer Products 3.70 Eicher Motors Limited -1.24
Limited Info Edge (India) Limited -1.44
Insurance 2.36% Asian Paints Limited 1.66 Hindustan Unilever Limited -1.45
Cement & Cement Products 1.34% Dabur India Limited 1.48 Dabur India Limited -1.48
Power 1.17% Hindustan Unilever Limited 1.47 Larsen & Toubro Limited -1.59
Consumer Durables 0.92% United Spirits Limited 1.14 HDFC Life Insurance Company -1.61 D
Colgate Palmolive (India) 1.06 Limited Y
Limited Divi's Laboratories Limited -1.67
INVESTMENT OBJECTIVE Nestle India Limited 0.98 Dr. Reddy's Laboratories Limited -1.71 N
The Scheme aims at generating long term returns with lower volatility by following a ITC Limited 0.55 Tata Consultancy Services Limited -1.74
Banks 5.60 Housing Development Finance -2.03
A
disciplined allocation between equity and debt securities. The equity allocation will be
determined based on the month end P/E ratio of the Nifty 50 Index. There is no assurance ICICI Bank Limited 2.39 Corporation Limited M
that the investment objectives of the Scheme will be realized and the Scheme does not HDFC Bank Limited 2.34 ICICI Bank Limited -2.30
Kotak Mahindra Bank Limited 0.84 Reliance Industries Limited -2.49
I
assure or guarantee any returns.
Axis Bank Limited 0.03 JSW Steel Limited -2.56 C
BENCHMARK Software 5.04 Lupin Limited -2.80
Nifty 50 Total Return Index (TRI) - 50% & CRISIL Short Term Bond Fund Index - 50% 4 Tata Consultancy Services 3.67 Tata Consumer Products Limited -2.91
DATE OF ALLOTMENT Limited Bharti Airtel Limited -3.06 A
Infosys Limited 1.19 Sun Pharmaceutical Industries -3.23
March 14, 2014 HCL Technologies Limited 0.18 Limited S
FUND MANAGER Petroleum Products 4.05 Equity Futures Total -41.78 S
4 Reliance Industries Limited 4.05
Ajay Khandelwal (Equity) (w.e.f. July 15, 2019) Around 16 years of experience, including 11 Telecom - Services 3.85 CORPORATE DEBT E
years in mutual fund industry. 4 Bharti Airtel Limited 3.85 BONDS & NCDs
Sintex-BAPL Limited (BWR D) 0.00 T
Amit Modani (Debt) (w.e.f January 23, 2020) - Around 9 years of experience in managing Construction Project 2.99
4 Larsen & Toubro Limited 2.99 Total 0.00
Fixed Income Portfolio.
Finance 2.98 MUTUAL FUND INVESTMENT A
AVERAGE AUM
4 Housing Development 2.96 BOI AXA Arbitrage Fund 3.59
` 69.67 Crs. Finance Corporation Limited Direct Plan Growth L
LATEST AUM Bajaj Finance Limited 0.02 Total 3.59 L
Ferrous Metals 2.55
` 68.42 Crs. JSW Steel Limited 2.55 INVIT O
MINIMUM APPLICATION AMOUNT (LUMPSUM) Retailing 2.42 IRB InvIT Fund 5.87
India Grid Trust InvIT Fund 4.29 C
Regular/ Direct Plan ` 5,000 and in multiples of ` 1 Info Edge (India) Limited 1.44
Avenue Supermarts Limited 0.98 Total 0.16 A
ADDITIONAL PURCHASE AMOUNT AUTO 2.41 FIXED DEPOSITS (MARGIN) T
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 Eicher Motors Limited 1.24 HDFC Bank Limited 1.46
Mahindra & Mahindra Limited 1.17 Total 1.46 I
OTHER PARAMETERS (As on April 30, 2021)
Insurance 2.36
Average Maturity: 0.09 Years HDFC Life Insurance Company 1.60 CASH & CASH EQUIVALENT
O
Macaulay Duration: 0.09 Years Limited Net Receivables/(Payables) after 63.01 N
Modified Duration: 0.09 Years ICICI Lombard General 0.76 adjusting for futures
Portfolio Yield: 3.14% Insurance Company Limited TREPS / Reverse Repo 1.51
NAV (As on April 30, 2021) NAV (`)
Cement & Cement Products 1.34 Investments F
UltraTech Cement Limited 1.34 Total 64.85
Regular Plan Direct Plan Power 1.17 U
Growth 15.6315 Growth 16.2522 Tata Power Company Limited 1.17 GRAND TOTAL 100.00
N
IDCW^^ 11.2952 IDCW^^ 10.8238 Consumer Durables 0.92 4 Indicates Top 10 Holdings.
Bata India Limited 0.77 D
LOAD STRUCTURE (FOR ALL PLANS)
Titan Company Limited 0.15
Entry Load NIL Total 62.06
Exit Load • For redemption/switch out upto 10% of the initial units allotted -
within 1 year from the date of allotment: “NIL” Note: Net Equity Exposure can be calculated as net of Equity Holdings and Future and Options.
• 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 redeemed/ Disclosures regarding the detailed rationale along with other details as required under Clause
switched out within 1 year from the date of allotment of units. 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.in/docs/default-source/reports/regulatory-disclosures/rationale-for-
deviation-30-04-21.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 ^^IDCW - Please refer NOTICE-CUM-ADDENDUM NO. 32/2020-21 on the website -
KIM of the Scheme for further details in this regard. https://bit.ly/3gVe4Kf
For IDCW^^ History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 27 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
April 30, 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 April 30, 2021 (Unless indicated otherwise) the suitability of the product.
EQUITY INDUSTRY ALLOCATION COMPOSITION BY ASSETS
Banks 4.24% 7.83%
Software 3.95%
Pharmaceuticals 3.80% 12.17%
41.21%
Consumer Non Durables 3.41%
Telecom - Services 2.38%
Cement & Cement Products 2.32% 14.39%
Chemicals 1.42%
Petroleum Products 0.99%
Finance 0.87%
Capital Markets 0.41% 24.39%
Consumer Durables 0.39% Bonds & NCDs Equity & equity related securities Cash & Cash Equivalent
Entertainment 0.21% 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 CORPORATE DEBT
generated, regular or otherwise, or the investment objectives of the Scheme will be realized. Banks 4.24 BONDS & NCDs
BENCHMARK 4 State Bank of India 1.88 National Bank For Agriculture and 9.43
CRISIL Hybrid 85 + 15 - Conservative Index 4 ICICI Bank Limited 1.23 Rural Development (CRISIL AAA) C
HDFC Bank Limited 1.13 REC Limited (CRISIL AAA) 9.19
DATE OF ALLOTMENT Software 3.95 Power Finance Corporation 8.97 O
March 18, 2009 4 Infosys Limited 1.92 Limited (CRISIL AAA) N
FUND MANAGER 4 Tata Consultancy Services 1.78 Bharat Petroleum Corporation 4.67
Limited Limited (CRISIL AAA) S
Alok Singh: (w.e.f. May 21, 2012) Around 20 years of experience, including 16 years in mutual Mastek Limited 0.25 Power Grid Corporation of India 4.53
fund industry. E
Pharmaceuticals 3.80 Limited (CRISIL AAA)
AVERAGE AUM 4 Procter & Gamble Health 1.39 Small Industries Dev Bank of India 4.42 R
Limited (ICRA AAA) V
` 57.39 Crs.
4 Dr. Reddy's Laboratories 1.37 Total 41.21
LATEST AUM Limited A
` 56.37 Crs. Granules India Limited 0.65 MONEY MARKET INSTRUMENTS
Certificate of Deposit T
Alkem Laboratories Limited 0.39
MINIMUM APPLICATION AMOUNT (LUMPSUM)
Consumer Non Durables 3.41 Axis Bank Limited (ICRA A1+) 12.17 I
Regular/ Direct Plan ` 10,000 and in multiples of ` 1 4 Hindustan Unilever Limited 1.88 Total 12.17
Asian Paints Limited 0.90
V
ADDITIONAL PURCHASE AMOUNT
Dabur India Limited 0.38 GOVERNMENT BOND AND TREASURY E
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 BILL
ITC Limited 0.25
OTHER PARAMETERS (As on April 30, 2021) Telecom - Services 2.38 Government Bond
5.85% GOI (MD 01/12/2030) (SOV) 3.50
Average Maturity: 1.31 Years 4 Bharti Airtel Limited 2.38 H
Cement & Cement Products 2.32 Total 3.50
Macaulay Duration: 1.16 Years Y
Modified Duration: 1.12 Years 4 Birla Corporation Limited 1.71 Treasury Bill
Portfolio Yield: 4.02% UltraTech Cement Limited 0.61 364 Days Tbill (MD 03/06/2021) 4.33 B
Chemicals 1.42 (SOV)
NAV (As on April 30, 2021) NAV (`) 4 Navin Fluorine International 1.16 R
Total 4.33
Regular Plan Eco Plan Limited I
Growth 21.4748 Growth 22.0092 Laxmi Organic Industries 0.26 CASH & CASH EQUIVALENT
Limited D
Monthly IDCW^^ 11.3474 Monthly IDCW^^ 17.1541 Net Receivables/(Payables) 2.20
Quarterly IDCW^^ 11.4589 Quarterly IDCW^^ - Petroleum Products 0.99 TREPS / Reverse Repo 12.19
Annual IDCW^^ 10.4241 Annual IDCW^^ - Reliance Industries Limited 0.99 Investments
Finance 0.87 F
Total 14.39
Direct Plan SBI Cards and Payment 0.87 U
Growth 22.3770 Services Limited GRAND TOTAL 100.00
Monthly IDCW^^ 10.2917 Capital Markets 0.41 N
Quarterly IDCW^^ 11.0294 UTI Asset Management 0.41 4 Indicates Top 10 Holdings. D
Annual IDCW^^ 10.2289 Company Limited
LOAD STRUCTURE (FOR ALL PLANS) Consumer Durables 0.39
Hawkins Cookers Limited 0.39
Entry Load NIL
Entertainment 0.21
Exit Load • For redemption/switch out -of up to 10% of the initial units allotted - Nazara Technologies Limited 0.21
within 1 year from the date of allotment: “NIL”. Total 24.39
• Any redemption/switch out-in excess of the above mentioned limit
would be subject to an exit load of 1%, if the units are switched out Instances of deviation in valuation
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.in/docs/default-source/reports/regulatory-disclosures/rationale-for-
deviation-30-04-21.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 ^^IDCW - Please refer NOTICE-CUM-ADDENDUM NO. 32/2020-21 on the website -
KIM of the Scheme for further details in this regard. https://bit.ly/3gVe4Kf
For IDCW^^ History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 27 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
April 30, 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 April 30, 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 Pharmaceuticals 11.05 Equity Futures
the scheme will be realized 4 Sun Pharmaceutical Industries 3.98 Tata Consumer Products Limited -0.56
BENCHMARK Limited Pidilite Industries Limited -0.57
4 Cipla Limited 2.93 Bharat Forge Limited -0.57
NIFTY 50 Arbitrage Index 4 Lupin Limited 2.54 Infosys Limited -0.76
DATE OF ALLOTMENT Dr. Reddy's Laboratories 1.60 Info Edge (India) Limited -0.77
Limited UltraTech Cement Limited -0.78
June 18, 2018 Consumer Non Durables 10.30 Asian Paints Limited -0.95
4 Dabur India Limited 2.71 Mahindra & Mahindra Limited -0.99
FUND MANAGER
Hindustan Unilever Limited 1.75 Titan Company Limited -1.04
Ajay Khandelwal: (w.e.f. June 18, 2018) Around 16 years of experience, including 11 years in Colgate Palmolive (India) 1.61 Petronet LNG Limited -1.12
mutual fund industry. Limited Maruti Suzuki India Limited -1.21
Nestle India Limited 1.52 United Spirits Limited -1.21
AVERAGE AUM
United Spirits Limited 1.21 UPL Limited -1.23
` 32.29 Crs. Asian Paints Limited 0.94 Reliance Industries Limited -1.24
Tata Consumer Products 0.56 SBI Life Insurance Company -1.30
LATEST AUM
Limited Limited
` 32.27 Crs. Software 6.48 Indraprastha Gas Limited -1.31
Tata Consultancy Services 1.98 State Bank of India -1.32
MINIMUM APPLICATION AMOUNT (LUMPSUM)
Limited Eicher Motors Limited -1.32
Regular/ Direct Plan ` 5,000 and in multiples of ` 1 HCL Technologies Limited 1.95 Power Grid Corporation of India -1.37
Tech Mahindra Limited 1.79 Limited
ADDITIONAL PURCHASE AMOUNT Infosys Limited 0.76 Larsen & Toubro Limited -1.44 A
Regular/ Direct Plan ` 1,000 and in multiples of ` 1 Power 4.67 Nestle India Limited -1.53
4 Tata Power Company Limited 3.31 Dr. Reddy's Laboratories Limited -1.61 R
OTHER PARAMETERS (As on April 30, 2021) Power Grid Corporation of 1.36 Colgate Palmolive (India) Limited -1.61
B
Average Maturity: 0.06 Years India Limited Hindustan Unilever Limited -1.76
Macaulay Duration: 0.06 Years Banks 4.38 Tech Mahindra Limited -1.79 I
Modified Duration: 0.06 Years 4 ICICI Bank Limited 3.07 JSW Steel Limited -1.81
Portfolio Yield: 3.17% State Bank of India 1.31 HCL Technologies Limited -1.96 T
Auto 3.49 Tata Consultancy Services Limited -1.99
NAV (As on April 30, 2021) NAV (`) Eicher Motors Limited 1.31 SRF Limited -2.00 R
Regular Plan Direct Plan Maruti Suzuki India Limited 1.20 Bharti Airtel Limited -2.17 A
Growth 11.2597 Growth 11.4892 Mahindra & Mahindra Limited 0.98 Siemens Limited -2.26
Monthly IDCW^^ 10.2036 Monthly IDCW^^ 10.3711 Finance 2.70 Hindalco Industries Limited -2.44 G
Quarterly IDCW^^ 10.7691 Quarterly IDCW^^ 10.9231 4 Housing Development 2.70 Lupin Limited -2.55
Annual IDCW^^ 10.3969 Annual IDCW^^ 10.4014 Finance Corporation Limited Housing Development Finance -2.72 E
Chemicals 2.55 Corporation Limited
LOAD STRUCTURE (FOR ALL PLANS) SRF Limited 1.99 Dabur India Limited -2.72
Entry Load NIL Pidilite Industries Limited 0.56 Cipla Limited -2.95 F
Non - Ferrous Metals 2.43 ICICI Bank Limited -3.08
Exit Load • For Redemption/switch out - of up to 10% of the initial units allotted - U
4 Hindalco Industries Limited 2.43 Tata Power Company Limited -3.32
within 30 days from the date of allotment - "NIL"
Gas 2.42 Sun Pharmaceutical Industries -4.00
• Any Redemption/Switch out - in excess of the above mentioned limit Indraprastha Gas Limited 1.30 Limited N
would be subject to an exit load of 0.50%, if the units are switched out Petronet LNG Limited 1.12 Equity Futures Total -65.33
within 30 days from the date of allotment of units
D
Industrial Capital Goods 2.24
FIXED DEPOSITS (MARGIN)
• If the units are redeemed/switched out after 30 days from the date of 4 Siemens Limited 2.24
HDFC Bank Limited 3.59
allotment of units - "NIL" Telecom - Services 2.16
Total 3.59
4 Bharti Airtel Limited 2.16
Ferrous Metals 1.80 CASH & CASH EQUIVALENT
JSW Steel Limited 1.80 Net Receivables/(Payables) after 86.96
Construction Project 1.43 adjusting for futures
Larsen & Toubro Limited 1.43 TREPS / Reverse Repo 9.76
Insurance 1.30 Investments
SBI Life Insurance Company 1.30 Total 96.72
Limited
GRAND TOTAL 100.00
Others 5.61
Reliance Industries Limited 1.24 4 Indicates Top 10 Holdings.
UPL Limited 1.22
Titan Company Limited 1.04
UltraTech Cement Limited 0.78
Info Edge (India) Limited 0.76
Bharat Forge Limited 0.57
Total 65.01
^^IDCW - Please refer NOTICE-CUM-ADDENDUM NO. 32/2020-21 on the website -
**Please note that the provisions pertaining to creation of segregated portfolio have https://bit.ly/3gVe4Kf
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 IDCW^^ History refer pg no 17 | For Scheme Performance refer pg no 18 to 24 | For month end Total Expense Ratio refer pg no 27 11You can also read
