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  • BOI AXA Mutual Funds
  • Bank of India Tax Advantage Fund (Growth)

Formerly BOI AXA Tax Advantage Reg Gr

BOI AXA Mutual Funds

Bank of India Tax Advantage Fund (Growth)

EquityTax Saving

Top Ranked

99.55

NAV (Sep 23)

15%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within tax saving mutual funds.However, Scripbox does not recommend investing in tax saving mutual funds.

Our analysis of this fundLearn how we rate funds ->

Fund Size

₹ 645 Cr

The performance of the fund on a Fund Size metric has been Neutral

Outperformance Consistency

Good

The performance of the fund on a Outperformance Consistency metric has been Good

View all 7 analysis

View Less

Scripbox Recommended Tax Saving Fund

Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

99.55

NAV (Sep 23)

Fund Returns

Last 1Y

-0.1%

Last 3Y

25.9%

Last 5Y

15%

Last 10Y

16.4%

Since Inception

18.6%

6 Month CAGR

5.3%

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.)

Expense Ratio

2.5

Launched (13y ago)

Feb 25, 2009

AUM in Crores

644.776

ISIN

INF761K01181

Lock-in

3

Benchmark

S&P BSE 500 India TR INR

SIP Minimum

500

Lumpsum Min.

500

Fund Managers

Alok Singh

Fund Manager

Aakash Manghani

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2022-09-23

Top Stock Holdings

icici bank ltd

7.3%
7.3%

state bank of india

5.5%
5.5%

hdfc bank ltd

4.9%
4.9%

reliance industries ltd

3.7%
3.7%

ntpc ltd

3.2%
3.2%
See all holdings

Allocation by Sector

financial services

32.2%
32.2%

consumer cyclical

19.2%
19.2%

basic materials

10.5%
10.5%

consumer defensive

8.2%
8.2%

industrials

7.5%
7.5%
See all sectors

Compare Bank of India Tax Advantage Fund (Growth)

Fund NameFund SizeOutperformance Consistency
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,714 cr

₹ 10,218 cr

₹ 14,940 cr

₹ 10,218 cr

₹ 14,940 cr

About the AMC

BOI AXA Investment Mngrs Private Ltd

Bank of India Investment Managers Private Limited manages assets worth 3,103 crores and was set up on 12 April 2007. It's current offering of mutual fund schemes includes 29 equity,28 debt and 25 hybrid funds.

amc-img

  • 022-40479000
  • service@boiaxa-im.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    26.5%

    19.3%

    25.9%

    18.6%

    25.3%

    18.4%

    26%

    18.7%

    26%

    18.7%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    Bank of India Tax Advantage Fund (G) Review

    Bank of India Tax Advantage Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 18.6% over a period of 13 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 9/23/2022 is ₹99.55 with the total AUM as of 9/24/2022 is ₹644.776. 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 -0.1% 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).

    Frequently Asked Questions

    What is Bank of India Tax Advantage Fund (G)?

    Bank of India Tax Advantage Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.

    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 2.5% for regular plan.