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This Conservative Hybrid Fund Is Good To Invest, Offered Over 30% Returns On 5-Years SIP

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As investors are concerned about the current market conditions and the market crisis. You might take a defensive position in such market conditions by investing in hybrid mutual funds with graded equity exposure. This fund provides excellent options for investors to park and diversify as they invest in debt and equity. This particular conservative hybrid mutual fund mentioend here is an excellent choice as it has offered good SIP returns.

 

BOI AXA Conservative Hybrid - Direct Plan-Growth
 

BOI AXA Conservative Hybrid - Direct Plan-Growth

This is a Conservative Hybrid fund launched on March 18, 2009, by the BOI AXA Mutual Fund. It is an open-ended small fund of its category. This fund has worth Rs 55.65 crore of Asset Under Management (AUM). The Net Asset Value (NAV) of this fund is Rs 27.8446 declared on 12th May 2022. The fund's expense ratio is 1.72%. The expense ratio is higher than its category average. On March 31, 2022, the fund witness a sudden rise and overtook the benchmark. 

It is a moderate risky fund for investment. The fund is rated 1-star by the rating agency CRISIL, and 2-star by the Value Research. You can start investing in this fund with a minimum investment amount of Rs 10,000, For additional investment, the amount is Rs 1,000, whereas to start SIP, the minimum amount required is Rs 1,000. It has no lock-in period. For units in excess of 10% of the investment, the fund charges 1% for redemption within 365 days. 

The fund aims to generate regular income through investments of a substantial portion in fixed income securities and long term capital appreciation by investing up to 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. The benchmark of this fund is CRISIL Hybrid 85+15 Conservative Index. 

Absolute And Annualised Returns

Absolute And Annualised Returns

Lump-Sum Investment Returns

Since its launch, it has delivered 8.51% average annual returns. 

TenureAbsolute ReturnsAnnualised Returns
1 Year24.00%24.00%
2 Year43.53%19.80%
3 Year29.75%9.04%
5 Year40.22%6.99%
Since Inception114.29%8.51%

SIP Returns

TenureAbsolute ReturnsAnnualised Returns
1 Year16.01%31.08%
2 Year23.67%21.94%
3 Year29.66%17.63%
5 Year30.61%10.63%
Portfolio

Portfolio

The fund has 17.94% investment in equities of which 10.13% is in large-cap stocks, 2.04% is in mid-cap stocks, and 1.55% in small-cap stocks. The fund has 47.65% investment in Debt of which 6.05% in Government securities, and 41.6% in funds invested in very low-risk securities.

The financial, automobile, materials, energy, and technology industries dominate the equity part of the fund. In comparison to other funds in the category, it has less exposure to the Financial and Automobile sectors. The fund's debt portion has a low credit rating, meaning that the borrowers to whom it has borrowed money are not of high quality.

National Bank For Agriculture & Rural Development, Rural Electrification Corp. Ltd., Sheba Properties Ltd., Bharat Petroleum Corp. Ltd., and Small Industries Devp. Bank of India Ltd. are among the fund's top holdings.

Disclaimer

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

Story first published: Friday, May 13, 2022, 11:58 [IST]
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