Name: BOI AXA Tax Advantage Direct IDCW
Brand: BOI AXA Mutual Fund

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BOI AXA Tax Advantage Direct IDCW
Equity
ELSS
Very High Risk
3Y Lock Inlock
64.13%
1Y return
-1.63% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 20 Sep 2021₹45.05
Min. SIP amount₹500
Rating4star
Fund size₹512.07 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns64.1%25.4%21.4%19.7%
Category average54.9%14.2%14.3%NA
Rank with in category523NA
Understand termsinfo
Holdings (68)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity5.2%
HDFC Bank Ltd.
FinancialEquity4.5%
Infosys Ltd.
TechnologyEquity4.0%
Divi's Laboratories Ltd.
HealthcareEquity3.8%
Bajaj Finance Ltd.
FinancialEquity3.5%
PI Industries Ltd.
ChemicalsEquity3.4%
Laurus Labs Ltd.
HealthcareEquity3.1%
Coforge Ltd.
TechnologyEquity2.9%
Deepak Nitrite Ltd.
ChemicalsEquity2.5%
Navin Fluorine International Ltd.
ChemicalsEquity2.5%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Equity ELSS
thumb_up_altPros
1Y Returns are higher than the category average returns
3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
Exit load is zero
thumb_down_altCons
Higher expense ratio - 1.66%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Aug 2021 - Present
1.66%
31 Jul 2021 - 31 Aug 2021
1.67%
30 Jun 2021 - 31 Jul 2021
1.67%
31 May 2021 - 30 Jun 2021
1.67%
30 Apr 2021 - 31 May 2021
1.51%
31 Mar 2021 - 30 Apr 2021
1.22%
28 Feb 2021 - 31 Mar 2021
1.51%
31 Jan 2021 - 28 Feb 2021
1.51%
31 Dec 2020 - 31 Jan 2021
1.51%
30 Nov 2020 - 31 Dec 2020
1.51%
31 Oct 2020 - 30 Nov 2020
1.51%
30 Sep 2020 - 31 Oct 2020
1.33%
31 Aug 2020 - 30 Sep 2020
1.51%
31 Jul 2020 - 31 Aug 2020
1.51%
30 Jun 2020 - 31 Jul 2020
1.51%
31 May 2020 - 30 Jun 2020
1.51%
30 Apr 2020 - 31 May 2020
1.51%
31 Mar 2020 - 30 Apr 2020
1.51%
29 Feb 2020 - 31 Mar 2020
1.51%
31 Jan 2020 - 29 Feb 2020
1.51%
31 Dec 2019 - 31 Jan 2020
1.51%
30 Nov 2019 - 31 Dec 2019
1.51%
31 Oct 2019 - 30 Nov 2019
1.51%
30 Sep 2019 - 31 Oct 2019
1.51%
31 Aug 2019 - 30 Sep 2019
1.51%
31 Jul 2019 - 31 Aug 2019
1.51%
30 Jun 2019 - 31 Jul 2019
1.51%
31 May 2019 - 30 Jun 2019
1.51%
30 Apr 2019 - 31 May 2019
1.51%
31 Mar 2019 - 30 Apr 2019
1.65%
28 Feb 2019 - 31 Mar 2019
1.66%
31 Jan 2019 - 28 Feb 2019
1.66%
31 Dec 2018 - 31 Jan 2019
1.65%
30 Nov 2018 - 31 Dec 2018
1.66%
31 Oct 2018 - 30 Nov 2018
1.67%
30 Sep 2018 - 31 Oct 2018
1.94%
31 Aug 2018 - 30 Sep 2018
1.92%
31 Jul 2018 - 31 Aug 2018
1.92%
30 Jun 2018 - 31 Jul 2018
1.65%
31 May 2018 - 30 Jun 2018
1.65%
30 Apr 2018 - 31 May 2018
1.65%
31 Mar 2018 - 30 Apr 2018
1.65%
28 Feb 2018 - 31 Mar 2018
1.67%
31 Jan 2018 - 28 Feb 2018
1.82%
31 Dec 2017 - 31 Jan 2018
1.79%
30 Nov 2017 - 31 Dec 2017
1.78%
31 Oct 2017 - 30 Nov 2017
1.79%
Expense ratio, exit load and taxExpense ratio: 1.66%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationUpto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementSaurabh Kataria
Jan 2013 - Present
View details
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Education
He is a B.Com (Hons.) and MBA (Finance).
Experience
Prior to joining BOI AXA Investment Managers Pvt. Ltd. in 2009 he has worked with Askar Capital Private Equity, Goldman Sachs India Pvt. Ltd. and Irevna Research Services Pvt. Ltd.
Also manages these schemes
BOI AXA Tax Advantage Regular IDCW
BOI AXA Tax Advantage Eco Growth
BOI AXA Tax Advantage Regular Growth
BOI AXA Tax Advantage Eco IDCW
BOI AXA Tax Advantage Direct Growth
BOI AXA Tax Advantage Direct IDCW
BOI AXA Equity Debt Rebalancer Fund Regular Growth
BOI AXA Equity Debt Rebalancer Fund Direct Growth
BOI AXA Equity Debt Rebalancer Fund Regular IDCW
BOI AXA Equity Debt Rebalancer Fund Direct IDCW
BOI AXA Capital Protection Oriented Series 5 Regular IDCW
BOI AXA Midcap Tax Fund Series 1 Direct IDCW
BOI AXA Midcap Tax Fund Series 1 Direct Growth
BOI AXA Midcap Tax Fund Series 1 Regular IDCW
BOI AXA Midcap Tax Fund Series 1 Regular Growth
BOI AXA Midcap Tax Fund Series 2 Regular Growth
BOI AXA Midcap Tax Fund Series 2 Direct Growth
BOI AXA Midcap Tax Fund Series 2 Regular IDCW
BOI AXA Small Cap Fund Direct IDCW
BOI AXA Small Cap Fund Regular Growth
BOI AXA Small Cap Fund Direct Growth
Aakash Manghani
Jul 2019 - Present
View details
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Education
Mr. Manghani has done Bachelors in Engineering
Experience
Prior to joining BOI AXA Mutual Fund he has worked with Pioneer Investcorp Ltd., Girik Capital and Amdocs Ltd.
Also manages these schemes
BOI AXA Tax Advantage Regular IDCW
BOI AXA Tax Advantage Eco Growth
BOI AXA Tax Advantage Regular Growth
BOI AXA Tax Advantage Eco IDCW
BOI AXA Tax Advantage Direct Growth
BOI AXA Tax Advantage Direct IDCW
BOI AXA Midcap Tax Fund Series 1 Direct IDCW
BOI AXA Midcap Tax Fund Series 1 Direct Growth
BOI AXA Midcap Tax Fund Series 1 Regular IDCW
BOI AXA Midcap Tax Fund Series 1 Regular Growth
BOI AXA Bluechip Fund Direct Growth
BOI AXA Bluechip Fund Regular Growth
BOI AXA Bluechip Fund Regular IDCW
Fund house & investment objective
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BOI AXA Mutual Fund
Rank (total assets)#31 in India
Total AUM2,233.54 Cr
Date of Incorporation31 Mar 2008
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 31 Ma
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 31 Mar 2008. 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 ₹2,234 Cr and the Latest NAV as of 20 Sep 2021 is ₹45.05.
The BOI AXA Tax Advantage Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. ...Read more
Investment Objective
The scheme seeks to build a diversified portfolio of stocks of companies having sustainable business models, without any bias of market capitalisation
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.
...Read more
Fund benchmarkS&P BSE 500 TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
BOI AXA Investment Managers Pvt. Ltd. B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Ma Mumbai 400055
Phone
022-40479000
Launch Date
31 Mar 2008
E-mail
[email protected]
Website
NA
BOI AXA Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
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	1Y	3Y	5Y	All
Fund returns	64.1%	25.4%	21.4%	19.7%
Category average	54.9%	14.2%	14.3%	NA
Rank with in category	5	2	3	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	5.2%
HDFC Bank Ltd.	Financial	Equity	4.5%
Infosys Ltd.	Technology	Equity	4.0%
Divi's Laboratories Ltd.	Healthcare	Equity	3.8%
Bajaj Finance Ltd.	Financial	Equity	3.5%
PI Industries Ltd.	Chemicals	Equity	3.4%
Laurus Labs Ltd.	Healthcare	Equity	3.1%
Coforge Ltd.	Technology	Equity	2.9%
Deepak Nitrite Ltd.	Chemicals	Equity	2.5%
Navin Fluorine International Ltd.	Chemicals	Equity	2.5%

Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	4
Fund size	₹512.07 Cr

Rank (total assets)	#31 in India
Total AUM	2,233.54 Cr