Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Explore similar funds with a Scripbox plan. Explore the plan below.
Tax Saver Plan
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
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Historical NAV
₹ 103.05
NAV (Sep 23)
Fund Returns
Last 1Y
73.6%
Last 3Y
26%
Last 5Y
20.1%
Last 10Y
18%
Since Inception
20.4%
6 Month CAGR
31.1%
Scheme Information
Investment Objective
The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.(There can be no assurance that the investment objectives of the Scheme will be realized.)
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 2,534 crores and was set up on 12 April 2007. It's current offering of mutual fund schemes includes 29 equity,24 debt and 25 hybrid funds.
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
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
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund 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.
Fund 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 Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About BOI AXA Tax Advantage Fund (G)
About BOI AXA Tax Advantage Fund (G)
BOI AXA Tax Advantage Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 20.4% over a period of 12 years. The fund was previously known as Bharti AXA Tax Advantage Reg Gr . The fund is managed by BOI AXA Investment Mngrs Private Ltd. The fund manager’s name is Aakash Manghani
BOI AXA Tax Advantage Fund (G) Investment Objective
The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.(There can be no assurance that the investment objectives of the Scheme will be realized.) . However, there is no assurance that the objective of the scheme will be realized.
BOI AXA Tax Advantage Fund (G) NAV,AUM,Risk
The BOI AXA Tax Advantage Fund (G) fund was launched on Feb 25, 2009. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-09-23 is ₹103.05. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹512.069. The category risk of the BOI AXA Tax Advantage Fund (G) fund is Very High Risk. The fund charges 2.54 % as expense ratio.
BOI AXA Tax Advantage Fund (G) Holdings
The fund’s highest allocation is towards Equity and has invested 98.9% in this asset class. The top three holdings of the fund are , icici bank ltd , hdfc bank ltd , infosys ltd , divi's laboratories ltd , bajaj finance ltd , pi industries ltd , laurus labs ltd , coforge ltd , deepak nitrite ltd , navin fluorine international ltd , mphasis ltd , cholamandalam investment and finance co ltd , srf ltd , tata consumer products ltd , j.b. chemicals & pharmaceuticals ltd , reliance industries ltd , astral ltd , jubilant foodworks ltd , tube investments of india ltd ordinary shares , tata steel ltd , prince pipes and fittings ltd ordinary shares , larsen & toubro infotech ltd , tata elxsi ltd , kotak mahindra bank ltd , jk cement ltd , apl apollo tubes ltd , gujarat gas ltd , dixon technologies (india) ltd , asian paints ltd , max financial services ltd , treps , vinati organics ltd , housing development finance corp ltd , route mobile ltd ordinary shares , sbi cards and payment services ltd ordinary shares , dalmia bharat ltd , sona blw precision forgings ltd , axis bank ltd , mastek ltd , au small finance bank ltd , crompton greaves consumer electricals ltd , lux industries ltd , gland pharma ltd , avenue supermarts ltd , metropolis healthcare ltd , sequent scientific ltd , angel broking ltd ordinary shares , sundaram fasteners ltd , greenpanel industries ltd ordinary shares , info edge (india) ltd , max healthcare institute ltd ordinary shares , krishna institute of medical sciences ltd , l&t technology services ltd , birlasoft ltd , bajaj finserv ltd , endurance technologies ltd , radico khaitan ltd , icici prudential life insurance company limited , nazara technologies ltd , saregama india ltd , astec lifesciences ltd , amber enterprises india ltd ordinary shares , aavas financiers ltd , minda industries ltd , clean science and technology ltd , tci express ltd , polycab india ltd , net receivables / (payables) , solara active pharma sciences ltd ordinary shares , 182 dtb 06012022
BOI AXA Tax Advantage Fund (G) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹500 and you can increase this in multiples of ₹ 500. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.
BOI AXA Tax Advantage Fund (G) 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 S&P BSE 500 India TR INR
BOI AXA Tax Advantage Fund (G) Review
BOI AXA Tax Advantage Fund (G) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance.
As compared to the other funds in its category, BOI AXA Tax Advantage Fund (G) has a score of 3 out of 5
Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.
