BOI AXA Tax Advantage Direct Growth-1.12%

17.39%
1 Year Return
Equity
ELSS
5.0star
6M
1Y
3Y
5Y
All

Fund Details

BOI AXA Tax Advantage Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.51%
NAV68.56 (28 Oct 2020)
Fund Started01 Jan 2013
Fund Size309 Cr

Returns

1Y
3Y*
5Y*
Since inception*
BOI AXA Tax Advantage Direct Growth
17.4%
7.0%
11.7%
14.7%
Category Average
1.8%
1.5%
7.2%
-
Rank within category
2
5
2
-
*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 17.4% annual returns

    Comparison

    Data not available
    Pros
    1. 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
    Reliance Industries Ltd.EnergyEquity6.1%
    HDFC Bank Ltd.FinancialEquity5.7%
    PI Industries Ltd.ChemicalsEquity4.5%
    Divi's Laboratories Ltd.HealthcareEquity3.3%
    Laurus Labs Ltd.HealthcareEquity3.1%
    Navin Fluorine International Ltd.ChemicalsEquity3.1%
    Kotak Mahindra Bank Ltd.FinancialEquity3.0%
    ICICI Bank Ltd.FinancialEquity3.0%
    Infosys Ltd.TechnologyEquity2.9%
    Bajaj Finance Ltd.FinancialEquity2.4%
    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 ₹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.

    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

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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
    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,
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