BOI AXA Mutual Fund – Review, Fund managers, Investment Process, KYC, Fees & more

The BOI AXA Mutual Fund AMC offers the ease of investing in mutual funds and redeeming.

It understands the needs of the investors and suggests to them the right type of mutual fund scheme that suits their risk requirement level.

As investing in mutual funds is safe, some investors are showing more interest in exploring this option and this is leading to the search for the best mutual fund service provider. 

About BOI AXA Mutual Fund 

The joint venture of Bank of India and The AXA Investment Managers is the BOI AXA Mutual Fund.

Both the parties have had massive success in their areas and the joint venture has brought more success. 

There are over 5000 branches of Bank of India across India whereas AXA Investment Managers is one of the leading asset managers of the world. 

The partnership of both the firms has brought the massive network and experience of Bank of India and global expertise in the financial management of AXA together.

It belongs to one of the largest Mutual Fund houses in India and it offers a wide range of packages and superior returns.

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Why Invest in BOI AXA AMC?

The benefits of investing in BOI AXA AMC are as follows –

• Transparent – It is completely transparent. The regular reports are open for the investors. The investors know the status of various investments. The investment portfolio of the investor is something they can view at any time.
• Portfolio Maintenance – The risk and return come in an average and the funds are in maintenance so that the investors can expect a good return.
• The tasks of investing and redeeming the BOI AXA AMC are easy as well as hassle-free.
• Systematic investment planning is so the investors can save a part of their monthly income and then use it for their long term future goals.

How to Invest with BOI AXA Mutual Funds? 

Following are the steps to invest in BOI AXA Mutual Funds –

Step 1: The individual can use any unified platform to start investing. They need to log in using their id and password and if in case there is no account, the individual can register with the platform.

Step 2: You should upload the proof of identity. These documents include Aadhar, PAN, driving license, id proof of central or state government, voter ID, passport, and many more.

Step 3: You should use the documents that contain the name and permanent residence as proof of address. Let us proceed further.

Step 4: Select the risk level from the Bank of India AXA Mutual Funds section.

Step 5: Select the mutual fund scheme to invest in.  

BOI AXA AMC – Fund Managers 

The fund managers of BOI AXA AMC are Mr. Bruno Guilloton, Mr. Robert Sherlock, Mr. Devender Paul Sharma, Mr. Sudhir Chand, and many more. 

Mr. Bruno Guilloton has experience of more than 10 years in the BOI AXA AMC and is the incumbent CEO. 

Mr. Robert Sherlock has extensive experience in risk assessment as well as minimizing and is the chief of risk management of BOI AXA. 

Mr. Devender Paul Sharma has been with the bank for more than 37 years now and is the associate director of BOI AXA AMC. 

Mr. Sudhir Chand is the independent director of BOI AXA AMC.

BOI AXA Mutual Fund – Key Personnels 

The managing director and CEO of BOI AXA AMC is Sandeep Dasgupta. The trustees of BOI AXA AMC are Mr. Ravi Gupta, Mr. Raghu Palat, Mr. A. K. Bhargava, Mr. Sumant Chadha, Mr. Simon Lopez, and Mr. S. A. Bhat. Alok Singh is the CIO and compliance officer of BOI AXA AMC.

 The investor service officer of BOI AXA AMC is N. Chandrasekaran.

How to do KYC Check for BOI AXA Mutual Fund?

The KYC check for BOI AXA AMC is compulsory for the investors so that the relevant documents can be used to identify them. 

The details such as identity, address, occupation, demographic information, and financial status are included in KYC Check. The KYC Check for BOI AXA AMC can be done either online or offline.

Online KYC for BOI AXA AMC

• You should fill the KYC forms that require documents such as a photograph, PAN card, address proof, and the KYC authorization letter. 
• The proof address can include an Aadhar card, voter id, driving license, or passport. 
• At the time of registration, the color scanned copies of KYC documents can be uploaded. 

Offline KYC for BOI AXA AMC

• Download the KYC application form from the authorized agency.
• Fill in the details in the form and attach copies of the documents.
• Submit the application to the mutual fund house.

Documents Required to Invest in BOI AXA AMC

Following are the documents that need to be submitted to invest in BOI AXA AMC –

Identity Proof

• PAN Card
• Driving License
• Aadhar Card
• Passport

Address Proof

• Recent Utility Bill
• Rental or Lease Agreement
• Passport
• Aadhar Card
• Driving License

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BOI AXA Mutual Fund Fees or Charges 

Following are the fees of BOI AXA AMC

The expense ratio of the BOI AXA Arbitrage Fund – Growth – Direct Plan is 0.21%. The expense ratio of the BOI AXA Conservative Hybrid Fund – Growth – Direct Plan is 1.68%. 

Besides, the expense ratio of the BOI AXA Credit Risk Fund – Growth – Direct Plan is 1.23%. The expense ratio of the BOI AXA Equity Debt Rebalancer Fund – Growth – Direct Plan is 1.66%. 

Also, the expense ratio of the BOI AXA Large & Mid Cap Equity Fund – Growth – Direct Plan is 1.60%.

The expense ratio of the BOI AXA Liquid Fund – Growth – Direct Plan is 0.12%. The expense ratio of the BOI AXA Manufacturing & Infrastructure Fund – Growth – Direct Plan is 1.21%. 

Also, the expense ratio of the BOI AXA Mid & Small Cap Equity & Debt Fund – Growth – Direct Plan is 1.77%. 

The expense ratio of the BOI AXA Multi Cap Fund – Growth – Direct Plan is 0.79%. The expense ratio of the BOI AXA Overnight Fund – Growth – Direct Plan is 0.07%.

Best Performing BOI AXA Mutual Fund 

Following are the Best BOI AXA Funds

The BOI AXA Tax Advantage Fund has given an annual return of 9.3% in the last three years and in the last one year, the returns were 30.94%. 

The BOI AXA Manufacturing & Infrastructure Fund has given an annual return of 1.85% in the last three years and in the last one year, the returns were 30.08%. 

Also, the BOI AXA Ultra Short Duration Fund has given an annual return of 6.91% in the last three years and in the last one year, the returns were 5.19%. 

The BOI AXA Liquid Fund has given an annual return of 6.07% in the last three years and in the last one year, the returns were 4.19%. 

Besides, the BOI AXA Small Cap Fund has given an annual return of 55.09% in the last year.

The BOI AXA Large & Mid Cap Equity Fund has given an annual return of 4.08% in the last three years and in the last one year, the returns were 17.85%. 

Now, the BOI AXA Mid & Small Cap Equity & Debt Fund has given an annual return of 3.28% in the last three years and in the last one year, the returns were 31.49%. 

The BOI AXA Equity Debt Rebalancer Fund has given an annual return of 1.64% in the last three years and in the last one year, the returns were 7.11%. 

Also, the BOI AXA Conservative Hybrid Fund has given an annual return of 0.94% in the last three years and in the last one year, the returns were 12.01%. 

The BOI AXA Short Term Income Fund has given an annual return of -2.55% in the last three years and in the last one year, the returns were -0.45%.

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Top 10 BOI AXA AMC Funds

Details of Top 10 BOI AXA Mutual Fund

BOI AXA Mutual Funds is known as one of the largest Mutual Funds houses in India. It came up as a joint venture between Bank of India, BOI, and the AXA Managers Group. 

These are respectively one of the largest Public Banks in India and the largest asset management corporation of the world, thus, high in reputation.

The venture has marked a steady growth over the years and has been of quality service. The joint venture to form the Assets under Management service was established in 2012.

This is served to be a huge partnership that brings together the experience and trust of BOI in the industries and AXA in the global markets.  

The top 10 fund plans under the BOI AXA AMC are briefed below. This gives the investors some of the best options in the market to invest in mutual funds.

BOI AXA Arbitrage Fund – Growth – Direct Plan is the top fund plan available under this AMC. Now, BOI AXA Conservative Hybrid Fund – Growth – Direct Plan is another top plan of mutual fund available. 

BOI AXA Credit Risk Fund – Growth – Direct Plan is also a top plan from the AMC. Another top funding plan available is the BOI AXA Equity Debt Rebalancer Fund – Growth – Direct Plan. 

Top plans available in the AMC also includes BOI AXA Large & Mid Cap Equity Fund – Growth – Direct Plan.

The next top plan is BOI AXA Liquid Fund – Growth – Direct Plan. BOI AXA Manufacturing & Infrastructure Fund – Growth – Direct Plan is the next one. 

Besides, BOI AXA Mid & Small Cap Equity & Debt Fund – Growth – Direct Plan is also a top plan. 

BOI AXA Midcap Tax Fund – Series 1 – Growth – Direct Plan and BOI AXA Midcap Tax Fund – Series 2 – Growth – Direct Plan are the remaining plans among the top funds. 

Best BOI AXA Mutual Fund – Portfolio

Two plans are available under these. These are BOI AXA Conservative Hybrid Fund – Growth – Direct Plan and BOI AXA Short Term Income Fund – Growth – Direct Plan. 

The former plan involves investing almost a quarter of the money in equity shares and the remaining in bonds. 

This would be helpful to the investors who aren’t all to withstand too much volatility in their investment value and can go with moderate return higher than those from fixed income options.

The latter offers space to invest debt funds in bonds that are maturing in a period of one to three years. 

It offers investors higher returns than those available in bank fixed deposits. There are lesser risks involved in this but there is no guarantee in the returns or safety of capital.

BOI AXA Mutual Fund Schemes NAV

There are several plans available in this. Each has different feature and interest values.

BOI AXA Arbitrage Fund – Growth – Direct Plan is one of these. This helps the investors to invest in equity shares and derivatives by which they can earn a return by the price differential between a stock and its futures. 

BOI AXA Conservative Hybrid Fund – Growth – Direct Plan is one of these and involves investing almost a quarter of the money in equity shares and the remaining in bonds. 

This would be helpful to the investors who aren’t all to withstand too much volatility in their investment value and can go with a moderate return higher than those from fixed income options.

BOI AXA Credit Risk Fund – Growth – Direct Plan is another one. In this, the investment is done in bonds that have a rating of AA or below by the credit rating agencies. 

Thus they have a higher chance of defaulting in repayment of the money and can be quite risky. But the investors receive a higher return potential for the risk was taken.

Here are Top BOI AXA AMC Portfolio

BOI AXA Equity Debt Rebalancer Fund – Growth – Direct Plan is another one in this. This has gains that can overcome the inflation rate and the returns from fixed income options. 

However, the investor might have to face a number of ups and downs in the investment value.

Another one can be BOI AXA Large & Mid Cap Equity Fund – Growth – Direct Plan. This also provides gains that overcome the inflation rate and concerts in a combination of large and medium sized companies.

The next plan is BOI AXA Liquid Fund – Growth – Direct Plan. In these, the liquid funds are invested in bonds that have a maturity of up to three months. There are very fewer chances of facing losses in these. 

BOI AXA Manufacturing & Infrastructure Fund – Growth – Direct Plan is the next one. The funds are invested in shares of companies that are involved in infrastructure-related activities or receiving benefits from them.

BOI AXA Mid & Small Cap Equity & Debt Fund – Growth – Direct Plan is also a funding plan. It offers gains larger than the inflation rates and fixed income returns for mid-sized and smaller capital investors.

BOI AXA Midcap Tax Fund – Series 1 – Growth – Direct Plan is the final one. It offers gains larger than the inflation rates and fixed income returns. 

BOI AXA AMC Customer Care Details

The customer care of BOI AXA AMC can be contacted through toll-free numbers. The customer care toll-free numbers of BOI AXA AMC are 1800 103 2263 and 1800 266 2676. 

The all India number of BOI AXA AMC is 020 40112300. 

BOI AXA AMC – Important Links

BOI AXA Mutual Fund AMC – Conclusion

In the financial protection industry, BOI AXA AMC is the largest player. The company caters to a wide variety of clients and both local and global investment solutions are offered to them. 

There are a wide variety of schemes offered by BOI AXA AMC and the investors can choose the one that suits their needs best. The BOI AXA AMC offers equity funds, hybrid funds, as well as debt funds. 

With the BOI AXA AMC equity funds, the risk associated with investing in equity markets is minimized. 

With BOI AXA AMC hybrid funds balance the risk of equity investments and consistent returns of debt investments and the BOI AXA AMC debt funds generate returns at higher rates.

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