Fund Details
BOI AXA Tax Advantage Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.51% |
| NAV | ₹42.10 (14 Jun 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹453 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.51%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 5.6% |
| ICICI Bank Ltd. | Financial | Equity | 4.5% |
| Infosys Ltd. | Technology | Equity | 4.0% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.5% |
| PI Industries Ltd. | Chemicals | Equity | 3.3% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 2.9% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 2.9% |
| Laurus Labs Ltd. | Healthcare | Equity | 2.9% |
| Reliance Industries Ltd. | Energy | Equity | 2.7% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 2.3% |
Fund Managers
BOI AXA Tax Advantage Direct IDCW Details
BOI AXA Tax Advantage Direct IDCW is a Equity Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Saurabh Kataria is the Current Fund Manager of BOI AXA Tax Advantage Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹453 Cr and the Latest NAV as of 14 Jun 2021 is ₹42.10.
The BOI AXA Tax Advantage Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
The scheme seeks to build a diversified portfolio of stocks of companies having sustainable business models, without any bias of market capitalisation and sector. The scheme will follow top-down approach of equity selection.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
