BOI AXA Tax Advantage Fund-Regular Plan- Growth

Category: Equity: ELSS
Launch Date: 25-02-2009
Asset Class: Equity
Benchmark: S&P BSE 500 TRI
Expense Ratio: 2.66% As on (29-02-2020)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 279.83 Cr As on (29-02-2020)
Turn over: 129% | Exit Load: Nil

43.63

14.18%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE 500 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 6 Months
6 Years 0 Months
8 Years 6 Months
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to build a diversified portfolio of stocks of companies having sustainable business models, without any bias of market capitalisation and sector. The scheme will follow top-down approach of equity selection.

Current Asset Allocation (%)

Indicators

Volatility 14.04
Sharp Ratio 0.71
Alpha -5.0
Beta 0.91
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
BOI AXA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 -13.28 -11.86 0.59 2.1 6.45
ITI Long Term Equity Fund - Regular Plan - Growth Option 18-10-2019 - - - - -
Parag Parikh Tax Saver Fund- Regular Growth 18-07-2019 - - - - -
Axis Long Term Equity Fund - Regular Plan - Growth 29-12-2009 -17.71 -6.29 1.4 2.89 12.72
Shriram Long Term Equity Fund - Regular Growth 18-01-2019 -18.65 - - - -
BNP Paribas Long Term Equity Fund - Growth Option 05-01-2006 -18.78 -8.6 -2.16 -0.11 8.85
IDBI Equity Advantage Fund - Growth Regular 10-09-2013 -20.62 -11.36 -3.17 -0.06 -
Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth 31-03-1993 -20.9 -6.28 0.27 1.4 8.22
LIC MF Tax Plan-Regular Plan-Growth 31-03-1997 -23.7 -11.1 -2.67 -0.05 6.25
Invesco India Tax Plan - Growth 29-12-2006 -24.39 -10.41 -2.11 1.23 9.34

Scheme Characteristics

Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

14.79%

Others

5.39%

Large Cap

44.5%

Mid Cap

35.32%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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