BOI AXA Tax Advantage Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : ELSS

Fund House : BOI AXA Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 55.82 -0.61%
(as on 14th June, 2019)

Crisil Rank

Relatively weak performance among peers

Fund Size

: ₹ 233.71 Cr

(0.24% of Investment in Category)

Expense Ratio

: 1.51%

(1.21% Category average)

Risk-O-Meter

Moderately High

ELSS :ELSS : Fund has 98.36% investment in indian stocks of which 49.16% is in large cap stocks, 24.01% is in mid cap stocks, 25.19% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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This Scheme

VS

Benchmark
S&P BSE 500 TRI

6.64%

3.33%

7.74%

5.01%

9.06%

11.33%

0%
NA
6.66%

2.76%

6.68%

1.01%

6.11%

12.86%

11%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Returns (NAV as on 14th June, 2019)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	07-Jun-19	9955.41	-0.45%	-	0.12%	38/64
1 Month	14-May-19	10683.25	6.83%	-	6.66%	13/64
3 Month	14-Mar-19	10445.36	4.45%	-	2.76%	17/64
6 Month	14-Dec-18	10711.96	7.12%	-	6.68%	23/63
YTD	01-Apr-19	10197.30	1.97%	-	0.84%	14/64
1 Year	14-Jun-18	9283.22	-7.17%	-7.17%	1.01%	52/60
2 Year	14-Jun-17	11370.95	13.71%	6.63%	6.11%	20/51
3 Year	14-Jun-16	14494.94	44.95%	13.17%	13.26%	21/45
5 Year	13-Jun-14	17692.55	76.93%	12.07%	12.86%	23/33
10 Year	-	-	-	-	14.72%	-/-
Since Inception	02-Jan-13	23753.19	137.53%	14.36%	-	-/-

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 14th Jun,2019)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 year	14-Jun-18	12000	12326.18	2.72 %	5.07 %
2 years	14-Jun-17	24000	24163.02	0.68 %	0.65 %
3 years	14-Jun-16	36000	40127.95	11.47 %	7.18 %
5 years	14-Jun-14	60000	76517.05	27.53 %	9.66 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st May,2019)

Equity Holding : 98.36% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.36%

No of Stocks : 47 (Category Avg - 44.48) | Large Cap Investments : 49.16%| Mid Cap Investments : 24.01% | Small Cap Investments : 25.19% | Other : 0%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Cr)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Bajaj Finance Ltd.	Nbfc	133.5	5.71%	0.36%	3.77% (Jun 2018)	3.77% (Jun 2018)	38.50 k	0.00
HDFC Bank Ltd.	Banks	133.4	5.71%	-0.01%	3.81% (Sep 2018)	3.81% (Sep 2018)	55.00 k	0.00
ICICI Bank Ltd.	Banks	127.1	5.44%	1.42%	0.29% (Oct 2018)	0% (Jun 2018)	3.00 L	80.00 k
Axis Bank Ltd.	Banks	125.3	5.36%	0.54%	1.08% (Dec 2018)	0% (Jun 2018)	1.55 L	15.00 k
Kotak Mahindra Bank Ltd.	Banks	83.7	3.58%	0.16%	3.06% (Oct 2018)	0% (Jun 2018)	55.00 k	0.00
Reliance Industries Ltd.	Refineries/marketing	79.8	3.41%	1.22%	0.98% (Dec 2018)	0% (Jun 2018)	60.00 k	25.00 k
Vinati Organics Ltd.	Chemicals - speciality	68.6	2.93%	0.10%	1.98% (Jul 2018)	1.98% (Jul 2018)	31.80 k	-3.20 k
Divis Laboratories Ltd.	Pharmaceuticals	63.7	2.73%	-0.01%	0.5% (Sep 2018)	0% (Jun 2018)	40.00 k	5.00 k
Hero Motocorp Ltd.	Motor cycles/scooters	63	2.70%	0.45%	1.91% (Mar 2019)	0% (Jun 2018)	23.50 k	3.50 k
Aarti Industries Ltd.	Chemicals - speciality	59.8	2.56%	-0.28%	2.33% (Jul 2018)	2.33% (Jul 2018)	32.00 k	-7.00 k

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
CBLO	CBLO	1.32%
Net Receivables	Net Receivables	0.32%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 01st January, 1970)

No data available. Ratios are only available for the funds which are 3 years old.

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Kotak Tax Saver Scheme - Direct Plan - Growth	4	934.61	7.65	6.07	11.10	12.31	16.16
Canara Robeco Equity Tax Saver - Direct Plan - Growth	5	982.77	8.18	5.64	10.43	11.74	15.65
Mirae Asset Tax Saver Fund - Direct Plan - Growth	5	2111.58	8.33	5.29	9.93	11.67	21.47
Tata India Tax Savings Fund - Direct Plan - Growth	NA	1873.40	8.31	6.15	12.53	9.41	15.84
DSP Tax Saver Fund - Direct Plan - Growth	3	5642.77	7.25	4.70	10.92	8.38	15.09
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan - Growth	4	6424.90	5.53	4.90	8.64	7.57	13.91
BNP Paribas Long Term Equity Fund - Direct Plan - Growth	2	476.90	7.86	6.08	10.02	6.97	11.26
DHFL Pramerica Tax Plan - Direct Plan - Growth	NA	34.69	7.34	5.47	10.25	6.27	14.61
DHFL Pramerica Long Term Equity Fund - Direct Plan - Growth	4	335.95	7.08	5.11	9.82	6.12	14.57
JM Tax Gain Fund - (Direct) - Growth	3	32.67	8.13	5.37	9.61	6.07	16.89

Detailed Comparison

More Funds from BOI AXA Mutual Fund

Out of 14 mutual fund schemes offered by this AMC, 3 is/are ranked 3 * , 5 is/are ranked 1 * , and 6 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
BOI AXA Liquid Fund - Direct Plan - Growth	3	666.44	0.61	1.86	3.64	7.55	7.21
BOI AXA Credit Risk - Direct Plan - Growth	1	532.65	-17.98	-22.48	-21.12	-24.30	-3.22
BOI AXA Mid & Small Cap Equity & Debt Fund - Direct Plan - Growth	NA	428.58	2.66	-2.75	0.08	-10.47	0.00
BOI AXA Ultra Short Duration Fund - Direct Plan - Growth	3	339.30	0.76	2.06	4.11	8.18	8.25
BOI AXA Tax Advantage Fund - Direct Plan - Growth	1	233.71	7.79	4.87	8.02	-6.48	13.43
BOI AXA Conservative Hybrid - Direct Plan - Growth	1	193.81	-2.67	-4.76	-2.42	-4.47	4.86
BOI AXA Equity Debt Rebalancer Fund - Direct Plan - Growth	NA	179.99	0.05	-1.48	-0.28	-0.62	5.37
BOI AXA Large & Mid Cap Equity Fund - Direct Plan - Growth	1	157.49	7.18	3.39	5.30	-7.66	9.31
BOI AXA Short Term Income Fund - Direct Plan - Growth	1	117.77	-1.82	-2.28	-0.38	3.23	6.42
BOI AXA Midcap Tax Fund - Series 1 - Direct Plan - Growth	NA	83.34	5.60	1.17	4.58	-13.73	0.00