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).
12 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
369 Cr. Medium within the category
Category View
Positive. The category has a positive investment outlook
Consistency Of Performance
Good. The historical performance of the fund has been good
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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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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 2,275 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.
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
Not Recommended
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 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 18.8% 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 as of 2021-03-05 is ₹ 79.29. The total AUM (Asset Under Management) of the fund as of 2021-03-06 is ₹ 368.192. The category risk of the BOI AXA Tax Advantage fund (G) fund is Low to Moderate Risk.
The fund charges 2.58 % as expense ratio.
BOI AXA Tax Advantage fund (G) Holdings
The fund’s highest allocation is towards equity and has invested 94.6% in this asset class. The top three holdings of the fund are 91 dtb 25032021,hdfc bank ltd and infosys ltd
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.
