About BOI AXA Mutual Fund
Key information about BOI AXA Mutual Fund:
Company Background: BOI AXA Mutual Fund is a joint venture between Bank of India, one of the leading public sector banks in India, and AXA Investment Managers, a global asset management company. The collaboration aims to leverage the strengths and expertise of both partners to deliver value to investors.
Wide Range of Schemes: BOI AXA Mutual Fund offers a diverse range of mutual fund schemes across various categories. They provide equity funds, debt funds, hybrid funds, tax-saving funds, and other specialized funds to cater to different investment objectives and risk profiles.
Research-Driven Approach: BOI AXA Mutual Fund follows a research-driven approach to investments. Their experienced fund managers conduct in-depth research and analysis to identify investment opportunities and construct well-diversified portfolios to potentially generate long-term wealth for investors.
Investor-Centric Focus: BOI AXA Mutual Fund places a strong emphasis on investor satisfaction and aims to create long-term value for them. They focus on delivering consistent performance, ensuring transparency, and providing easy accessibility to their products and services.
How can you invest in BOI AXA Mutual Fund
Online Investment: Investors can conveniently invest in BOI AXA Mutual Fund schemes online through their official website or authorized online platforms. They need to complete the registration process, fulfill the KYC (Know Your Customer) requirements, select the desired scheme(s), and make the investment using different payment options.
Offline Investment: Investors can also invest offline by visiting the nearest Bank of India branch or authorized distributor. They can obtain the application form, fill it out with the necessary details, submit the required documents, and make the payment through cheque or demand draft.
Distributor Network: BOI AXA Mutual Fund has a wide network of authorized distributors across India. Investors can approach these distributors to seek guidance, understand the investment options, and complete the investment process.
How to sell BOI AXA Mutual Fund
Contact the BOI AXA Mutual Fund Company: Reach out to BOI AXA Mutual Fund Company through their customer service helpline, email, or website. They
will guide you on the process and provide the necessary instructions.
Verify Your Identity: As a
standard procedure, BOI AXA Mutual Fund Company will require you to verify your
identity. This may involve providing personal details, such as your name,
address, PAN (Permanent Account Number), and folio number (if app BOI AXA Mutual).
Obtain the Required Forms: The BOI AXA Mutual Fund Company
will provide you with the necessary forms for selling your mutual funds. You
can typically download these forms from their website or request them to be
sent to you.
Fill Out the Forms:
Carefully fill out the required forms, providing accurate information. The
forms may include details such as your folio number, scheme name, units to be
sold, and bank account details for the redemption proceeds.
Submit the Forms: Once you
have completed the forms, submit them to BOI AXA Fund Company. You can
typically do this by mailing the forms to their office or visiting their
nearest branch in person. Alternatively, some mutual fund companies also offer
online redemption Facilities through their website or mobile app.
Await Confirmation: After
submitting the forms, you will receive a confirmation from BOI AXA Mutual Fund
Company regarding the acceptance of your request to sell the mutual funds. This
confirmation may be sent via email or mail.
Receive Redemption Proceeds:
Once your request to sell the mutual funds has been processed, you will receive
the redemption proceeds. The proceeds are usually credited to the registered
bank account provided in the redemption form. The timeline for receiving the
funds may vary, but it is typically within a few business days.
frequently asked questions (FAQs) BOI AXA Mutual Fund:
The minimum investment amount may vary depending on the specific scheme. BOI AXA Mutual Fund offers schemes with different minimum investment requirements. The details can be found in the scheme’s offer document or on their official website.
Investors can track the performance of BOI AXA Mutual Fund schemes on their official website or through various financial websites. The performance can be evaluated by reviewing historical returns, risk measures, and comparing with relevant benchmarks and peer group performance.
Yes, NRIs can invest in BOI AXA Mutual Fund schemes. They need to fulfill the necessary KYC requirements and provide the required documents as specified by the fund.
Yes, certain BOI AXA Mutual Fund schemes may have exit loads or charges associated with redeeming units. The details of these charges can be found in the scheme’s offer document or on their official website.
Investors can update their personal details or make changes to their investments by contacting the customer service of BOI AXA Mutual Fund. They will guide you through the process and provide the necessary assistance.