₹ 18.01
NAV (Mar 04)
Top Ranked
Scripbox recommends other funds for investment in tax saving.
Click here to see our recommendations.
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).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
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
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.
No single fund can achieve what a plan can. Learn why
Scheme Information
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.)
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
2.58 %
Expense Ratio
Feb 25, 2009
Launched (12y ago)
₹ 369
AUM in Crores
INF761K01173
ISIN
3
Lock-in
S&P BSE 500 India TR INR
Benchmark
₹ 0
SIP Minimum
₹ 500
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
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.
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.
Comparison with Equity Funds
Mid Cap
Recommended
Top Ranked
17 Years
Age
Track Record
Index Funds
Recommended
Top Ranked
21 Years
Age
Track Record
Index Funds
Recommended
Top Ranked
19 Years
Age
Track Record
Large Cap
Recommended
Top Ranked
25 Years
Age
Track Record
Mid Cap
Recommended
Top Ranked
26 Years
Age
Track Record
About the AMC
BOI AXA Investment Mngrs Private Ltd
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.
Liquid
Top Ranked
₹ 368 Cr
Fund Size
5.8%
3Y returns
Tax Saving
Top Ranked
₹ 368 Cr
Fund Size
13.8%
3Y returns
Liquid
Top Ranked
₹ 368 Cr
Fund Size
N/A
3Y returns
Tax Saving
Top Ranked
₹ 368 Cr
Fund Size
13%
3Y returns
Liquid
Top Ranked
₹ 368 Cr
Fund Size
5.4%
3Y returns
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.
Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.
Choose a plan to invest to start investing
Create an account with Scripbox through a paperless process, to invest in this fund
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track, invest more and withdraw your investments through the Scripbox dashboard
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
We will track our recommendations and suggest changes & fund exists whenever required.
Our customer champions are available 7 days a week from 8AM to 8PM.
We review your investments and make course corrections every year to make the best out of your investments
BOI AXA Tax Advantage fund (DR-A) is a tax saving equity fund and has delivered an annualised return of 18.7% over a period of 12 years ..The fund is managed by BOI AXA Investment Mngrs Private Ltd.The fund manager’s name is Aakash Manghani.
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.
The BOI AXA Tax Advantage fund (DR-A) fund was launched on Feb 25, 2009. The NAV (Net Asset Value) of this tax saving equity as of 2021-03-04 is ₹ 18.01. The total AUM (Asset Under Management) of the fund as of 2021-03-05 is ₹ 368.192. The category risk of the BOI AXA Tax Advantage fund (DR-A) fund is Very High Risk. The fund charges 2.58 % as expense ratio.
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
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 ₹ 500.
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 (DR-A) 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 (DR-A) 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.