Bharti AXA Focused Infrastructure Fund

| February 9, 2010 | 0 Comments

INVESTMENT OBJECTIVE

The Scheme seeks to generate long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in infrastructure and infrastructure related sectors.

ASSET ALLOCATION

The fund manager will invest between 65-100% of funds available in Equity & Equity Related Instruments of companies engaged in infrastructure and infrastructure related sectors and 0-35% of its net asset will be invested in Debt & money market securities/ instrument.

SNAPSHOTS

  • Min. Investment: Rs. 5000/-
  • MIN. S.I.P.: Rs. 300/-
  • Exit Load: 1% if redeemed within 1 year from date of allotment.
  • Benchmark Index: BSE 100 Index
  • Opens on: January 20, 2010
  • Closes on: February 15, 2010

COMPANY PROFILE

Bharti AXA Investment Managers Private Limited (BAIM) is a joint venture between AXA group comprising of AXA Investment Managers, AXA APH (through NMIPL) and Bharti Ventures Limited. Combining robust investment processes and a focus on innovation, BAIM is connected to nearly 500 investment management professionals worldwide and an overwhelming pool of research. BAIM was incorporated on 13th August 2007 and is headquartered in Mumbai, the commercial hub of India. With best practices brought in from world leaders in financial protection, BAIM aims to be an aggressive player in the Indian Asset Management Industry. AXA Investment Managers is a multi-expert investment manager backed by the AXA Group, a world leader in financial protection.

Bharti AXA AMC has average Assets Under Management (AUM) of Rs. 634 crs. as on 31st Dec. 2009 and holds 31st positions among the thirty-seven members fund family in terms of average AUM.

RISK PROFILE & SUITABILITY

As the Scheme would predominantly invest in equity and equity related securities of companies engaged in infrastructure and infrastructure related sectors, so the fund will be affected by risks associated with such companies. Infrastructure sector is sensitive to government policy. If the government policy ceases to be favorable towards the sector, the sector may under perform. Further, amongst the infrastructure sectors covered under the Scheme, majority of the equity/ equity oriented investments could be under a single sector/industry. Hence, if the said sector/industry does not perform positively as expected by the Fund Manager of the Scheme, the Schemes’ performance may be adversely affected due to a risk associated with non diversification and could thus affect the value of investments.

The Scheme should be considered as a long-term investment for the aggressive portion of a well-diversified portfolio. The Scheme is appropriate for those investors who: Have a high-risk appetite and Seeking for an aggressive equity scheme that could boost overall portfolio returns over the long term.

COMMENTS

Bharti AXA Focused Infrastructure Fund is an open-ended equity scheme that invests in a diversified portfolio of infrastructure companies. The Indian economy has shown strong growth momentum over the past few years. India is an infrastructure constrained country and suffers from capacity constraints in several sectors. Hence, sustaining a high economic growth requires substantial investments in the country’s underlying infrastructure. Given the economic slowdown, infrastructure spending has also been seen as a way to kick start the economic activity. Realizing this, the Government is actively emphasizing the need for faster infrastructure buildup through a combination of public and public-private initiatives. In these efforts, the Government is encouraging investments in development of ports, roads, airports,electricity, etc. In doing so, it hopes to release some of emerging bottlenecks and set the ground for sustained economic prosperity. So one can expect that there will be a significant pick up in infrastructure spending in coming years. This has opened doors to many

opportunities for companies in such sectors. Investors interested to take advantage of the opportunity can look at investing in this infrastructure fund that invests in beneficiary companies.

Source : SMC

Popularity: 2% [?]

Tags: , ,

Category: Mutual Fund

«
»