Fund Details
BOI AXA Midcap Tax Fund Series 1 Regular Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.55% |
| NAV | ₹15.05 (11 Jun 2021) |
|---|---|
| Fund Started | 19 Feb 2018 |
| Fund Size | ₹83 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. Exit load is zero
3. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. Higher expense ratio - 1.55004001%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 4.4% |
| PI Industries Ltd. | Chemicals | Equity | 4.0% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 3.6% |
| Astral Ltd. | Chemicals | Equity | 3.6% |
| HDFC Bank Ltd. | Financial | Equity | 3.4% |
| Laurus Labs Ltd. | Healthcare | Equity | 3.3% |
| Ajanta Pharma Ltd. | Healthcare | Equity | 3.2% |
| SRF Ltd. | Diversified | Equity | 2.9% |
| JB Chemicals & Pharmaceuticals Ltd. | Healthcare | Equity | 2.9% |
| AU Small Finance Bank Ltd. | Financial | Equity | 2.6% |
Fund Managers
BOI AXA Midcap Tax Fund Series 1 Regular Growth Details
BOI AXA Midcap Tax Fund Series 1 Regular Growth is a Equity Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 19 Feb 2018. Alok Singh is the Current Fund Manager of BOI AXA Midcap Tax Fund Series 1 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹83 Cr and the Latest NAV as of 11 Jun 2021 is ₹15.05.
The BOI AXA Midcap Tax Fund Series 1 Regular Growth is rated Very High risk. Minimum SIP Investment is set to 500.
Investment Objective
The scheme seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related securities of midcap companies along with income tax benefit.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
