Credit risk funds are offering 15% returns. Should you invest in them?The credit risk category is number two in the performance chart. The topper on the list was the PSU fund category, thematic schemes dedicat...
24 May, 2022, 10.50 AM IST
BOI AXA Credit Risk Fund offers 150% returns in one yearAfter a series of defaults hit the scheme from 2018- 2020, the most recent blow to the scheme came when it lost 50.22% in April, 2020, as t...
22 Apr, 2022, 08.10 AM IST
BOI AXA Investment Managers appoints Anthony Heredia CEOHeredia brings with him experience of over 25 years, predominantly in the investment management business within financial services. His las...
06 Aug, 2021, 04.47 PM IST
BOI AXA Credit Risk Fund NAV drops 50% in a dayThe fund house wrote down its entire holding in Dewan Housing Finance and Avantha holdings from earlier levels of 75%.
25 Apr, 2020, 05.47 PM IST
MFs have Rs 193 crore exposure to Coffee Day Natural Resources, TanglinData compiled by financial information provider Morningstar showed that mutual funds have exposure to the tune of Rs 148.71 crore to Coffee...
31 Jul, 2019, 09.37 PM IST
Debt mutual funds’ exposure to Coffee Day Group exceeds Rs 190 croreMutual funds said their exposure to the group companies have adequate security cover.
31 Jul, 2019, 09.43 AM IST
BOI AXA scheme’s NAV falls 26.25%The fund holds four securities of Sintex BAPL maturing in 2020, 2021 and 2022, respectively.
28 Jun, 2019, 10.42 AM IST
BOI AXA scheme’s NAV slumps 15.34% on Sintex BAPL writeoffThe move is aimed at protecting investors even as bonds continue to be rated ‘A’.
15 Jun, 2019, 09.38 AM IST
BOI Axa Credit Risk Fund loses 15% in a daySintex BAPL constituted 22.78% of the scheme's assets under management of Rs 533 crore as of May 2019, as per data from Value Research.
14 Jun, 2019, 10.14 PM IST
So far, earnings are in line with expectation: Alok Singh, BOI AXAThere has been some amount of divergence in terms of margins, says the fund manager.
05 Feb, 2019, 04.02 PM IST
AXA looks to exit mutual fund joint venture with Bank of IndiaThe asset management unit of French insurer AXA Group, which holds 49% in BoI AXA Mutual Fund, has sounded out its domestic partner about i...
08 Jan, 2019, 07.46 AM IST
BOI Axa Credit Risk Fund writes off IL&FS exposureBOI Axa Credit Risk Fund had taken a 25% haircut on its exposure to IL&FS.
08 Oct, 2018, 08.00 PM IST
Can I invest in BOI AXA Tax Advantage Fund?If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
01 Dec, 2017, 04.42 PM IST
- Bank of India acquires 51 per cent stake in Bharti Axa MF
State-run Bank of India (BoI) said it has acquired 51 per cent stake in Bharti Axa Mutual Fund for an undisclosed amount.
07 May, 2012, 07.18 PM IST
- Bank of India gains on Bharti-AXA JV deal
Shares of Bank of India (BoI) surged over 2% in early trade on Monday after the bank announced that it will buy 51% stake in Bharti-AXA JV.
05 Dec, 2011, 11.10 AM IST
- Bank of India buys 51% in Bharti-AXA joint venture, returns to mutual fund business
This paves the way for Bank of India's re-entry into the 41-member-strong local mutual fund industry. BoI had shut its MF business in 2004.
04 Dec, 2011, 04.07 AM IST
- Bank of India buys 51% in Bharti Axa MF
Bharti Axa Investment Managers is the asset management arm to Bharti Axa Mutual Fund, which is owned by telecom major Bharti Airtel and Fre...
03 Dec, 2011, 06.42 PM IST