| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.51% |
| NAV | ₹29.59 (11 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹262 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.5% |
| Reliance Industries Ltd. | Energy | Equity | 5.7% |
| Bharti Airtel Ltd. | Communication | Equity | 4.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.9% |
| ICICI Bank Ltd. | Financial | Equity | 3.8% |
| PI Industries Ltd. | Chemicals | Equity | 3.6% |
| Muthoot Finance Ltd. | Financial | Equity | 3.0% |
| Abbott India Ltd. | Healthcare | Equity | 3.0% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.0% |
| Bajaj Finance Ltd. | Financial | Equity | 2.6% |
BOI AXA Tax Advantage Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹262 Cr and the Latest NAV as of 11 Aug 2020 is ₹29.59.
The BOI AXA Tax Advantage Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
To generate income and long-term capital appreciation through a diversified portfolio of predominantly equity and equity-related securities including equity derivatives, across all market capitalizations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns. The investment performance will be benchmarked against S&P CNX Nifty Index However there can be no assurance that the investment objectives of the Scheme will be realized.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.