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Home>Mutual Funds>BOI AXA Mutual Fund>Bank of India Tax Advantage Regular IDCW

Bank of India Tax Advantage Regular IDCW

Equity
ELSS
Very High Risk
Payout
3Y Lock In
18.72%
3Y annualised
-0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 30 Jun 2022₹16.56
Min. SIP amountNA
Rating5
Fund size₹569.76Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-4.6%18.7%13.5%17.5%
Category average54.9%14.2%14.3%NA
Rank with in category2924NA
Understand terms

Holdings (64)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity6.5%
HDFC Bank Ltd.FinancialEquity4.7%
Reliance Industries Ltd.EnergyEquity4.1%
Infosys Ltd.TechnologyEquity4.1%
Bajaj Finance Ltd.FinancialEquity3.2%
State Bank of IndiaFinancialEquity2.8%
Cholamandalam Investment & Finance Company Ltd.FinancialEquity2.6%
Kotak Mahindra Bank Ltd.FinancialEquity2.3%
Varun Beverages Ltd.Consumer StaplesEquity1.9%
Axis Bank Ltd.FinancialEquity1.9%
See All

Expense ratio, exit load and tax

Expense ratio: 2.50%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Alok Singh
Apr 2022 - Present
View details

Education
Mr. Singh is a CFA and PGDBA from ICFAI Business School.
Experience
Prior to joining BOI AXA AMC he has worked with BNP Paribas Asset Management and Axis Bank
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
B/204-Tower 1,Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
Website
NA
Amc Image
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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FAQs

How to Invest in Bank of India Tax Advantage Regular IDCW?

You can easily invest in Bank of India Tax Advantage Regular IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Bank of India Tax Advantage Regular IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Bank of India Tax Advantage Regular IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Bank of India Tax Advantage Regular IDCW provide?

The Bank of India Tax Advantage Regular IDCW has been there from 25 Feb 2009 and the average annual returns provided by this fund is -4.64% since its inception.

How much expense ratio is charged by Bank of India Tax Advantage Regular IDCW?

The term Expense Ratio used for Bank of India Tax Advantage Regular IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Bank of India Tax Advantage Regular IDCW is 2.50% as of 01 Jul 2022...

What is the AUM of Bank of India Tax Advantage Regular IDCW?

The AUM, short for Assets Under Management of Bank of India Tax Advantage Regular IDCW is ₹569.76Cr as of 01 Jul 2022.

How to Redeem Bank of India Tax Advantage Regular IDCW?

If you want to sell your Bank of India Tax Advantage Regular IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Bank of India Tax Advantage Regular IDCW?

You can select either SIP or Lumpsum investment of Bank of India Tax Advantage Regular IDCW based on your investment objective and risk tolerance.

What is the NAV of Bank of India Tax Advantage Regular IDCW?

The NAV of Bank of India Tax Advantage Regular IDCW is ₹16.56 as of 30 Jun 2022.

What is the PE and PB ratio of Bank of India Tax Advantage Regular IDCW?

The PE ratio ratio of Bank of India Tax Advantage Regular IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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