| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.51% |
| NAV | ₹68.56 (28 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹309 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.1% |
| HDFC Bank Ltd. | Financial | Equity | 5.7% |
| PI Industries Ltd. | Chemicals | Equity | 4.5% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.3% |
| Laurus Labs Ltd. | Healthcare | Equity | 3.1% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 3.1% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.0% |
| ICICI Bank Ltd. | Financial | Equity | 3.0% |
| Infosys Ltd. | Technology | Equity | 2.9% |
| Bajaj Finance Ltd. | Financial | Equity | 2.4% |
BOI AXA Tax Advantage Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹309 Cr and the Latest NAV as of 28 Oct 2020 is ₹68.56.
The BOI AXA Tax Advantage Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
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.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.