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BOI AXA Tax Advantage Direct Growth

Equity
ELSS
Very High Risk
3Y Lock Inlock
71.50%
1Y return
-0.48% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 04 Aug 2021₹107.34
Min. SIP Amount₹500
Rating4star
Fund Size₹472.62 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns71.5%20.6%20.9%19.3%
Category average54.9%14.2%14.3%NA
Rank with in category343NA
Understand termsinfo

Holdings (71)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity5.2%
ICICI Bank Ltd.FinancialEquity4.4%
Infosys Ltd.TechnologyEquity4.0%
Laurus Labs Ltd.HealthcareEquity3.9%
Divi's Laboratories Ltd.
HealthcareEquity3.6%
PI Industries Ltd.ChemicalsEquity3.2%
Navin Fluorine International Ltd.ChemicalsEquity2.6%
Bajaj Finance Ltd.FinancialEquity2.5%
Coforge Ltd.TechnologyEquity2.4%
Reliance Industries Ltd.EnergyEquity2.1%
See All

Pros and cons

Category: Equity ELSS

Pros

  • 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

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • Higher expense ratio - 1.67%

Expense ratio, exit load and tax

Expense ratio: 1.67%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Understand termsinfo

Minimum investment amounts

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

Fund management

Aakash Manghani
Jul 2019 - Present
View Details
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Fund house & investment objective

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Fund house contact details

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