Fund Details
BOI AXA Tax Advantage Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.51% |
| NAV | ₹33.66 (27 Nov 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹319 Cr |
Returns
as per Historical Returns
Comparison
1. Exit load is zero
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y 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. Higher expense ratio - 1.51%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.3% |
| Reliance Industries Ltd. | Energy | Equity | 5.5% |
| PI Industries Ltd. | Chemicals | Equity | 4.8% |
| Infosys Ltd. | Technology | Equity | 4.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.5% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.3% |
| ICICI Bank Ltd. | Financial | Equity | 3.2% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 3.0% |
| Laurus Labs Ltd. | Healthcare | Equity | 2.8% |
| SRF Ltd. | Diversified | Equity | 2.4% |
Fund Managers
BOI AXA Tax Advantage Direct Dividend Details
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 ₹319 Cr and the Latest NAV as of 27 Nov 2020 is ₹33.66.
The BOI AXA Tax Advantage Direct Dividend is rated Moderately 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%.
