Home>Mutual Funds>BOI AXA Mutual Fund>BOI AXA Tax Advantage Direct Growth
shareSHARE

BOI AXA Tax Advantage Direct Growth+0.08%

61.92%
1 Year Return
Equity
ELSS
4.0star
6M
1Y
3Y
5Y
All

Fund Details

BOI AXA Tax Advantage Direct Growth

RiskVery High
Min SIP Amount₹500
Expense Ratio1.51%
NAV₹87.93 (22 Apr 2021)
Fund Started01 Jan 2013
Fund Size417 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
61.9%
12.0%
18.3%
17.5%
Category Average
53.0%
8.1%
12.7%
-
Rank Within Category
5
7
3
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 61.9% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.51%

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity6.2%
Infosys Ltd.TechnologyEquity4.7%
ICICI Bank Ltd.FinancialEquity4.5%
PI Industries Ltd.ChemicalsEquity3.1%
Divi's Laboratories Ltd.HealthcareEquity3.1%
Cholamandalam Investment & Finance Co. Ltd.FinancialEquity3.0%
Reliance Industries Ltd.EnergyEquity3.0%
Housing Development Finance Corpn. Ltd.FinancialEquity2.6%
Kotak Mahindra Bank Ltd.FinancialEquity2.5%
Navin Fluorine International Ltd.ChemicalsEquity2.4%
See All

Fund Managers

BOI AXA Tax Advantage Direct Growth Details

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 ₹417 Cr and the Latest NAV as of 22 Apr 2021 is ₹87.93.

The BOI AXA Tax Advantage Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

Investment Objective

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.

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

Compare Funds

BOI AXA Tax Advantage Direct Growth
VS
search

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
31 Mar 2008
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,
Loading...
Similar Funds
ⓒ 2016-2021 Groww. All rights reserved, Built with in India