Formerly BOI AXA Tax Advantage Reg Gr
NAV (May 29)
The performance of the fund on a Fund Size metric has been Satisfactory
The fund has been a Category Leader on the Outperformance Consistency metric
Investment Duration5 years
Total Corpus Created (₹)With CAGR of 11.25 % in 5 years
NAV (May 29)
6 Month CAGR
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).
Launched (14y ago)
Feb 25, 2009
AUM in Crores
S&P BSE 500 India TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Bank of India Tax Advantage Fund (Growth)||10,10,335||2,77,723||13%|
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.
icici bank ltd6.6%
hdfc bank ltd6.1%
state bank of india6%
net receivables / (payables)5.6%
|Fund Name||Fund Size||Outperformance Consistency|
₹ 8,056 cr
₹ 10,178 cr
₹ 14,448 cr
₹ 8,860 cr
₹ 7,811 cr
Bank of India Investment Managers Private Limited
|Fund Name||Scripbox Opinion||Till Date CAGR|
Bank of India Tax Advantage Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 17.9% over a period of 14 years. The fund was previously known as BOI AXA Tax Advantage Reg Gr. The fund is managed by Bank of India Investment Managers Private Limited. The fund managers are Aakash Manghani, Alok Singh.
Nav of Bank of India Tax Advantage Fund (G) as of 5/29/2023 is ₹104.57 with the total AUM as of 5/30/2023 is ₹695.467. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bank of India Tax Advantage Fund (G) was launched on Feb 25, 2009. The category risk of the fund is Very High Risk.
The minimum SIP amount for Bank of India Tax Advantage Fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.
Bank of India Tax Advantage Fund (G) 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.
Bank of India Tax Advantage Fund (G) is rated as a 4 fund in Equity and delivered 19.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bank of India Tax Advantage Fund (G).
What is Bank of India Tax Advantage Fund (G)?
How to invest in Bank of India Tax Advantage Fund (G)?
You can invest in Bank of India Tax Advantage Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Bank of India Tax Advantage Fund (G)?
The minimum sip amount for Bank of India Tax Advantage Fund (G) is ₹500. You can invest in multiples of ₹500.
Is Bank of India Tax Advantage Fund (G) good to invest in?
As per Scripbox experts, Bank of India Tax Advantage Fund (G) is a Top Ranked fund. You can investBank of India Tax Advantage Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Bank of India Tax Advantage Fund (G)?
The expense ratio of the Bank of India Tax Advantage Fund (G) is 2.37% for regular plan.