BOI AXA Tax Advantage Direct IDCW - Latest NAV[46.81], MF Performance & Returns 2022

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BOI AXA Tax Advantage Direct IDCW
Equity
ELSS
Very High Risk
Payout
3Y Lock In
31.41%
3Y annualised
-1.36% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 18 Jan 2022₹46.81
Min. SIP amount₹500
Rating5
Fund size₹552.46Cr
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 returns43.2%31.4%23.3%19.4%
Category average54.9%14.2%14.3%NA
Rank with in category423NA
Understand terms
Holdings (65)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity5.8%
Infosys Ltd.
TechnologyEquity4.7%
HDFC Bank Ltd.
FinancialEquity4.2%
Bajaj Finance Ltd.
FinancialEquity3.6%
Coforge Ltd.
TechnologyEquity2.7%
Mphasis Ltd.
TechnologyEquity2.6%
Reliance Industries Ltd.
EnergyEquity2.4%
Divi's Laboratories Ltd.
HealthcareEquity2.3%
SRF Ltd.
DiversifiedEquity2.2%
PI Industries Ltd.
ChemicalsEquity2.1%
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 cons
Category: Equity ELSS
Pros
3Y and 5Y annualised returns higher than category average
Higher alpha: 10.59
The fund has generated returns higher than benchmark - S&P BSE 500 TRI - in the last 3Y 
Exit load is zero
Lower expense ratio: 1.57%
Consistently top ranked fund
Cons
Lock-in period: 3Y
1Y annualised returns lower than category average by 15.86%
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 Dec 2021 - Present
1.57%
30 Nov 2021 - 31 Dec 2021
1.57%
31 Oct 2021 - 30 Nov 2021
1.54%
30 Sep 2021 - 31 Oct 2021
1.65%
31 Aug 2021 - 30 Sep 2021
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: 1.57%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 terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementAakash Manghani
Jul 2019 - Present
View details
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 Midcap Tax Fund Series 2 Direct IDCW
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
BOI AXA Bluechip Fund Direct Growth
BOI AXA Bluechip Fund Regular Growth
BOI AXA Bluechip Fund Regular IDCW
Fund house & investment objective
BOI AXA Mutual Fund
Rank (total assets)#31 in India
Total AUM₹2,233.54Cr
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 
 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 18 Jan 2022 is ₹46.81.
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
Scheme Information Document(SID)
Fund house contact details
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]iaxa-im.com
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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FAQsHow to Invest in BOI AXA Tax Advantage Direct IDCW
You can easily invest in BOI AXA Tax Advantage Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account
 Search for BOI AXA Tax Advantage Direct IDCW from the search box 
 In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
 Once you are done with that, you can start investing in BOI AXA Tax Advantage Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does BOI AXA Tax Advantage Direct IDCW provide?
The BOI AXA Tax Advantage Direct IDCW has been there from 01 Jan 2013 and the average annual returns provided by this
fund is 43.16% since its inception.
How much expense ratio is charged by BOI AXA Tax Advantage Direct IDCW?
The term Expense Ratio used for BOI AXA Tax Advantage Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. 

The Expense Ratio of BOI AXA Tax Advantage Direct IDCW is 1.57% as of 19 Jan 2022...
What is the AUM of BOI AXA Tax Advantage Direct IDCW?
The AUM, short for Assets Under Management of BOI AXA Tax Advantage Direct IDCW is ₹552.46Cr as of 19 Jan 2022.
How to Redeem BOI AXA Tax Advantage Direct IDCW?
If you want to sell your BOI AXA Tax Advantage Direct IDCW holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of BOI AXA Tax Advantage Direct IDCW?
You can select either SIP  or Lumpsum  investment of BOI AXA Tax Advantage Direct IDCW based on your investment objective and risk tolerance.
What is the NAV of BOI AXA Tax Advantage Direct IDCW?
The NAV of BOI AXA Tax Advantage Direct IDCW is ₹46.81 as of 18 Jan 2022.
What is the PE and PB ratio of BOI AXA Tax Advantage Direct IDCW?
The PE ratio ratio of BOI AXA Tax Advantage Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	1Y	3Y	5Y	All
Fund returns	43.2%	31.4%	23.3%	19.4%
Category average	54.9%	14.2%	14.3%	NA
Rank with in category	4	2	3	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	5.8%
Infosys Ltd.	Technology	Equity	4.7%
HDFC Bank Ltd.	Financial	Equity	4.2%
Bajaj Finance Ltd.	Financial	Equity	3.6%
Coforge Ltd.	Technology	Equity	2.7%
Mphasis Ltd.	Technology	Equity	2.6%
Reliance Industries Ltd.	Energy	Equity	2.4%
Divi's Laboratories Ltd.	Healthcare	Equity	2.3%
SRF Ltd.	Diversified	Equity	2.2%
PI Industries Ltd.	Chemicals	Equity	2.1%

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

Date of Incorporation	31 Mar 2008

Fund benchmark	S&P BSE 500 TRI

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Bengaluru – 560034
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Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	5
Fund size	₹552.46Cr