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BOI AXA Tax Advantage Direct Growth-1.54%

33.43%
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%
NAV₹81.46 (25 Jan 2021)
Fund Started01 Jan 2013
Fund Size376 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
29.5%
9.0%
17.9%
17.0%
Category Average
18.1%
5.8%
13.5%
-
Rank Within Category
2
8
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 33.4% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
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.FinancialEquity6.6%
Reliance Industries Ltd.EnergyEquity5.0%
Infosys Ltd.TechnologyEquity4.2%
PI Industries Ltd.ChemicalsEquity3.9%
ICICI Bank Ltd.FinancialEquity3.7%
Divi's Laboratories Ltd.HealthcareEquity3.5%
Kotak Mahindra Bank Ltd.FinancialEquity3.3%
SRF Ltd.DiversifiedEquity2.8%
Housing Development Finance Corpn. Ltd.FinancialEquity2.7%
Navin Fluorine International Ltd.ChemicalsEquity2.6%
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 ₹376 Cr and the Latest NAV as of 25 Jan 2021 is ₹81.46.

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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