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BOI AXA Tax Advantage Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : BOI AXA Mutual Fund
  • NAV
    : ₹ 117.18 -1.36%
    (as on 18th January, 2022)
Crisil Rank
Very good performance among peers
Risk-O-Meter
Very High

Fund has 98.24% investment in indian stocks of which 27.83% is in large cap stocks, 22.09% is in mid cap stocks, 21.13% in small cap stocks.Fund has 0.2% investment in Debt of which 0.2% in Government securities.

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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Returns (NAV as on 17th January, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 10-Jan-22 10136.50 1.36% - 1.57% 43/57
1 Month 17-Dec-21 10653.80 6.54% - 7.68% 48/57
3 Month 14-Oct-21 9954.80 -0.45% - 1.95% 52/57
6 Month 16-Jul-21 11331.60 13.32% - 15.41% 46/57
YTD 31-Dec-21 10296.40 2.96% - 5.21% 56/57
1 Year 15-Jan-21 14289.20 42.89% 42.61% 40.96% 18/57
2 Year 17-Jan-20 18995.80 89.96% 37.76% 29.64% 13/57
3 Year 17-Jan-19 22907.80 129.08% 31.79% 23.41% 5/54
5 Year 17-Jan-17 29131.90 191.32% 23.83% 18.25% 4/42
Since Inception 02-Jan-13 50553.20 405.53% 19.62% 17.81% 15/53

SIP Returns (NAV as on 17th January, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 15-Jan-21 12000 14375.16 19.79 % 38.33 %
2 Year 17-Jan-20 24000 37425.84 55.94 % 49.25 %
3 Year 17-Jan-19 36000 63556.53 76.55 % 40.53 %
5 Year 17-Jan-17 60000 117034.85 95.06 % 27.05 %
 

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 Dec,2021)

Portfolio Turnover Ratio : 70.00%  |   Category average turnover ratio is 72.59%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 98.24% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.24%
No of Stocks : 65 (Category Avg - 48.91) | Large Cap Investments : 27.83%| Mid Cap Investments : 22.09% | Small Cap Investments : 21.13% | Other : 27.19%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
ICICI Bank Ltd. Banks 320.5 5.80% 0.24% 6.22% (Oct 2021) 3.68% (Jan 2021) 4.33 L 31.00 k
Infosys Ltd. Computers - software 261.9 4.74% 0.92% 4.74% (Dec 2021) 3.64% (May 2021) 1.39 L 23.40 k
HDFC Bank Ltd. Banks 233.1 4.22% -0.75% 6.67% (Feb 2021) 4.22% (Dec 2021) 1.58 L -0.14 L
Bajaj Finance Ltd. Nbfc 200 3.62% -0.26% 4.09% (Oct 2021) 2.08% (Jan 2021) 28.67 k 0.00
Coforge Ltd. Computers - software 151.2 2.74% 0.20% 2.97% (Jul 2021) 1.03% (Jan 2021) 25.67 k 1.49 k
Mphasis Ltd. Computers - software 143.5 2.60% 0.37% 2.6% (Dec 2021) 0.54% (Feb 2021) 42.25 k 2.50 k
Reliance Industries Ltd. Refineries/marketing 131.8 2.39% -0.20% 3.88% (Jan 2021) 1.75% (Jul 2021) 55.64 k 0.00
Divis Laboratories Ltd. Pharmaceuticals 125.8 2.28% -0.43% 3.83% (Jul 2021) 2.28% (Dec 2021) 26.88 k -1.79 k
SRF Ltd. Chemicals - speciality 121 2.19% 0.25% 2.5% (Jan 2021) 1.53% (May 2021) 50.00 k 0.00
Pi Industries Ltd. Pesticides and agrochemicals 118.4 2.14% -0.03% 3.54% (Jan 2021) 2.14% (Dec 2021) 39.01 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
No of Debt Holding 2 (Category Avg - 0.05) | Modified Duration 0.60 Years (Category Avg - 2.49)| Yield to Maturity - -- (Category Avg - 0.00%)

Type of Holdings

Security Type
% Weight
Category Average
T-Bills 0.20% 0.00%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.20% 0.00%
Low Risk 0.00% 0.00%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 0.82%
TREPS TREPS 0.74%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st December, 2021)

  • Standard Deviation

    Low volatility
    18.41vs19.31
    Category Avg
  • Beta

    Low volatility
    0.84vs0.88
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    1.26vs0.85
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.28vs0.19
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    9.59vs2.5
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 658.11 6.43 0.54 14.69 61.70 38.97
Sundaram Tax Saving Fund - Direct Plan - Growth (Adjusted NAV) NA 933.92 21.48 14.16 32.16 52.71 24.98
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3532.70 7.70 0.61 15.89 51.76 25.82
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 5 429.44 7.15 0.49 15.08 43.53 22.73
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 4 342.34 8.29 4.24 17.11 41.89 24.02
Nippon India Tax Saver Fund - Direct Plan - Growth 1 12023.75 7.02 -1.36 15.05 40.81 14.92
Baroda ELSS - 96 - Plan B (Direct) - Growth 4 216.70 5.46 -3.08 16.91 39.87 22.02
Kotak Tax Saver Scheme - Direct Plan - Growth 4 2417.76 6.98 2.78 14.09 38.51 23.55
Union Long Term Equity Fund - Direct Plan - Growth 4 464.37 5.30 -0.97 14.78 38.41 23.99
DSP Tax Saver Fund - Direct Plan - Growth 4 9635.58 6.36 -1.31 10.66 37.99 24.48

More Funds from BOI AXA Mutual Fund

Out of 17 mutual fund schemes offered by this AMC, 3 is/are ranked 5 * , 2 is/are ranked 4 * , 1 is/are ranked 3 * , 4 is/are ranked 1 * , and 7 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 552.46 6.54 -0.45 13.32 42.61 31.79
BOI AXA Mid & Small Cap Equity & Debt Fund - Direct Plan - Growth 5 370.61 6.87 5.20 15.50 56.72 27.47
BOI AXA Liquid Fund - Direct Plan - Growth 4 323.94 0.32 0.90 1.74 3.39 4.61
BOI AXA Ultra Short Duration Fund - Direct Plan - Growth 4 240.81 0.35 0.90 1.75 3.50 5.35
BOI AXA Small Cap Fund - Direct Plan - Growth NA 212.88 8.78 5.80 19.44 75.13 43.83
BOI AXA Large & Mid Cap Equity Fund - Direct Plan - Growth 3 210.25 7.03 0.72 11.86 36.94 23.34
BOI AXA Flexi Cap Fund - Direct Plan - Growth NA 179.72 8.17 4.00 16.59 50.26 0.00
BOI AXA Bluechip Fund - Direct Plan - Growth NA 129.28 6.27 -2.21 14.05 0.00 0.00
BOI AXA Midcap Tax Fund - Series 1 - Direct Plan - Growth NA 77.58 8.23 1.59 15.95 51.71 32.36
BOI AXA Credit Risk - Direct Plan - Growth 1 73.44 0.24 0.45 1.71 9.50 -30.60

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