BOI AXA Tax Advantage Direct Growth+0.07%

3Groww
15.22%
1 Year Return
Equity
ELSS
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

BOI AXA Tax Advantage Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.51%
NAV59.50 (20 Nov 2019)
Fund Started01 Jan 2013
Fund Size255 Cr

Returns

1Y
3Y*
5Y*
Since inception*
BOI AXA Tax Advantage Direct Growth
15.2%
15.1%
10.1%
14.5%
Category Average
-6.3%
6.2%
9.9%
-
Rank within category
23
13
12
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 15.2% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    2. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk is higher compared to the benchmark
    4. Higher expense ratio
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Bajaj Finance Ltd.FinancialEquity6.8%
    HDFC Bank Ltd.FinancialEquity6.3%
    ICICI Bank Ltd.FinancialEquity5.9%
    Kotak Mahindra Bank Ltd.FinancialEquity4.2%
    Reliance Industries Ltd.EnergyEquity3.9%
    PI Industries Ltd.ChemicalsEquity2.9%
    Axis Bank Ltd.FinancialEquity2.8%
    Divi's Laboratories Ltd.HealthcareEquity2.7%
    Housing Development Finance Corpn. Ltd.FinancialEquity2.6%
    Abbott India Ltd.HealthcareEquity2.5%
    See All

    Other Details

    BOI AXA Tax Advantage Direct Growth is a Equity Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Saurabh Kataria is the Current Fund Manager of BOI AXA Tax Advantage Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹255 Cr and the Latest NAV as of 20 Nov 2019 is ₹59.50.

    The BOI AXA Tax Advantage Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    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.

    Tax Implications

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

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About BOI AXA Mutual Fund

    Address
    BOI AXA Investment Managers Pvt. Ltd. B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Ma Mumbai 400055
    Phone
    022-40479000
    Launch Date
    30 Mar 2008
    Website
    NA
    BOI AXA Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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