'The scheme seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related securities of midcap companies along with income tax benefit.
Low
Moderately Low
Moderate
Moderately High
High
Moderately High risk
0.0%
Expense Ratio
19th Oct, 2018
Launched (2y ago)
₹
53
AUM in Crores
INF761K01EN2
ISIN
No Lock-in
Lock-in
IISL Nifty Midcap 100 TR Index TR INR
Benchmark
₹
0
SIP Minimum
₹
5000
Lumpsum Min.
Fund Managers
Ajay Khandelwal
Fund Manager
Dhruv Bhatia
Fund Manager
Returns Calculator Comparison
of
for
Instrument
Returns
Total Corpus
Gains
Annualised %
Mutual Fund
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments
are subject to market risk, read all scheme related documents carefully before investing. Past performance is
not an indicator of future returns.
BOI AXA Investment Mngrs Private Ltd manages assets worth ₹ 2,665 crores. It's current offering of mutual fund schemes includes 29 equity, 24 debt and 25 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Top Ranked
These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.
Not Recommended
Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are
preferred
Category View
We check if the sub-category of the fund is recommended by us
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Equity Funds
Debt Funds
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About BOI AXA Midcap Tax Fund Series 2 (Growth)
About BOI AXA Midcap Tax Fund Series 2 (Growth)
BOI AXA Midcap Tax Fund Series 2 (Growth) is a Other Other fund and has delivered an annualised return of 11.69% over a period of 2 years.
The fund is managed by BOI AXA Investment Mngrs Private Ltd.
The fund managers are Ajay Khandelwal, Dhruv Bhatia.
BOI AXA Midcap Tax Fund Series 2 (Growth) Investment Objective
'The scheme seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related securities of midcap companies along with income tax benefit.
However, there is no assurance that the objective of the scheme will be realized.
BOI AXA Midcap Tax Fund Series 2 (Growth) NAV, AUM and Risk
The fund was launched on 2018-10-19. The NAV of the fund as of 2020-10-21 is ₹ 12.50. The total AUM of the fund as of 2020-10-21 is ₹ 53 Cr. The category risk of the fund is Moderately High risk
The fund charges 0.0 % as expense ratio.
BOI AXA Midcap Tax Fund Series 2 (Growth) Holdings
The fund’s highest allocation is towards equity and has invested 98.15% in this asset class.
The top three holdings of the fund are pi industries ltd, astral poly technik ltd and ipca laboratories ltd.
BOI AXA Midcap Tax Fund Series 2 (Growth) SIP
The minimum SIP(Systematic Investment Plan) amount for this is ₹ 0 and you can increase this in multiples of 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
BOI AXA Midcap Tax Fund Series 2 (Growth) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty Midcap 100 TR Index TR INR.
