About BOI AXA Conservative Hybrid Fund Direct - Growth
BOI AXA Conservative Hybrid Fund Direct - Growth is a Balanced
mutual fund scheme from BOI AXA Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Alok Singh
. It has an AUM of ₹94.10 Crores and the latest NAV decalared is ₹19.598 as on 04 Jun 2020 at 1:18 am.
BOI AXA Conservative Hybrid Fund Direct - Growth scheme return performance in last 1 year is -9.49%, in last 3 years is -1.90% and 50.83% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
The Scheme seeks to generate regular income through investments of a substantial portion in fixed income securities and long term capital appreciation by investing upto 20% of the net assets in equity and equity related instruments. The scheme will seek to build a well-diversified, high credit portfolio that minimizes liquidity risk and credit risk.
About Fund Category
Conservative Hybrid Funds invest between 75% and 90% of their total assets in debt securities and the remaining in equity and equity related instruments. Investors who have a moderately high risk appetite and who want equity exposure may consider these funds to earn higher returns than pure debt funds.