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BOI AXA Mutual Fund

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BOI AXA Investment Managers Private Limited is a joint venture between Bank of India and AXA Investment Managers, a part of AXA Group, one of the world’s largest players in the Financial Protection industry.

Bank of India has around 4,545 branches (including specialized branches) across India. Presently Bank of India has an overseas presence in 22 countries spread over 5 continents – with 56 offices including 5 Subsidiaries, 5 Representative Offices and 1 Joint Venture. (source: www.bankofindia.com)

AXA Investment Managers (AXA IM) is one of the world’s leading asset managers, backed by the strength of the AXA Group with assets under management (AUM) of EUR 582 billion as at 30.6.2014. AXA IM employs more than 2500 employees that represent 60 nationalities and operate in 30 cities across 21 countries in Europe, the Americas, Asia and the Middle East. (source: www.axa-im.com) On May 7, 2012, Bank of India (BOI) acquired a 51% stake in the then Bharti AXA Investment Managers Private Limited (BAIM) and Bharti AXA Trustee Services Private Limited (BATS).

Consequent to this change in JV Partnership, BOI became a Co-Sponsor along with existing Sponsor, AXA Investment Managers ("AXA IM") and the Fund was renamed as BOI AXA Mutual Fund, and BAIM was renamed as BOI AXA Investment Managers Private Limited, and BATS was re-named as BOI AXA Trustee Services Private Limited. The partnership brings together Bank of India’s massive network and experience in the Indian market and AXA’s global expertise in financial management.

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