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: 2.65% As on (31-08-2019)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 243.39 Cr As on (30-09-2019)
Turn over: 93% | Exit Load: 0.00% - 0 day

52.84

16.92%

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 12.88 0.06 8.66 9.99 9.54
JM Tax Gain Fund - Growth option 31-03-2008 20.59 5.31 11.33 12.11 9.88
Axis Long Term Equity Fund - Growth 29-12-2009 19.85 9.51 13.33 13.84 -
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 17.84 3.81 9.11 12.32 13.11
BNP Paribas Long Term Equity Fund - Growth Option 05-01-2006 16.97 2.61 8.67 9.49 12.04
LIC MF Tax Plan-Regular Plan-Growth 31-03-1997 15.17 6.39 10.16 10.57 9.44
Tata India Tax Savings Fund-Growth-Regular Plan 13-10-2014 14.99 3.06 9.35 13.15 -
Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option 21-01-2015 13.09 1.85 9.82 - -
Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth 31-03-1993 13.05 7.58 10.29 9.75 12.08
Mirae Asset Tax Saver Fund-Regular Plan-Growth 05-12-2015 12.25 5.54 13.39 - -

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

13.35%

Others

15.32%

Large Cap

51.99%

Mid Cap

20.06%

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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