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Fincash » Mutual Funds » BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund - G

NAV  ₹149.24 ↑ 0.28  (0.19 %) as on 23 Feb 24

Scheme 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.)

BOI AXA Tax Advantage Fund is a Equity - ELSS fund launched on 25 Feb 09. It is a fund with Moderately High risk and has given a CAGR return of 19.8% since its launch.  Ranked 13 in ELSS category.  Return for 2023 was 34.8% , 2022 was -1.3% and 2021 was 41.5% .

Below is the key information for BOI AXA Tax Advantage Fund

NAV as on 23 Feb 24₹149.24 ↑ 0.28  (0.19 %)
Net Assets (AUM) as on 31 Jan 2024 ₹1,090 Cr.
Launch Date25 Feb 2009
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCBOI AXA Investment Mngrs Private Ltd
Alpha Ratio6.21
Expense Ratio2.49 %
Sharpe Ratio2.248
Information Ratio0.67
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Feb 24

DurationReturns
1 Month 9.3%
3 Month 20.3%
6 Month 30.1%
1 Year 53.8%
3 Year 24.4%
5 Year 26.4%
10 Year
15 Year
Since launch 19.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 34.8%
2022 -1.3%
2021 41.5%
2020 31.2%
2019 14.6%
2018 -16.3%
2017 57.7%
2016 -1.2%
2015 2.1%

Growth of 10k Over Years

DateValue
31 Jan 19₹10,000
31 Jan 20₹12,367
31 Jan 21₹15,231
31 Jan 22₹21,163
31 Jan 23₹21,103
31 Jan 24₹30,490
BOI AXA Tax Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash3.29%
Equity96.71%
BOI AXA Tax Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services39.37%
Industrials10.63%
Consumer Cyclical9.9%
Basic Materials7.88%
Health Care6.87%
Technology6.1%
Utility5.26%
Energy4.66%
Consumer Defensive3.33%
Real Estate2.71%
BOI AXA Tax Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
Banks - Regional6%₹58 Cr340,000
↑ 136,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN
Banks - Regional5%₹50 Cr780,000
Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 23 | PFC
Credit Services5%₹48 Cr1,252,000
↓ -135,500
Canara Bank (Financial Services)
Equity, Since 31 Aug 22 | CANBK
Banks - Regional4%₹39 Cr895,000
Bank of Baroda (Financial Services)
Equity, Since 31 Oct 22 | BANKBARODA
Banks - Regional4%₹38 Cr1,650,000
NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | NTPC
Utilities - Regulated Electric4%₹38 Cr1,208,000
↓ -52,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE
Oil & Gas Refining & Marketing3%₹34 Cr130,000
↑ 38,991
Union Bank of India (Financial Services)
Equity, Since 31 Dec 22 | 532477
Banks - Regional3%₹32 Cr2,725,875
REC Ltd (Financial Services)
Equity, Since 30 Sep 23 | RECLTD
Credit Services3%₹29 Cr700,000
↓ -120,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 22 | LT
Engineering & Construction3%₹28 Cr78,000
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Fund Managers

NameSinceTenure
Alok Singh27 Apr 221.77 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Bank of India Mutual FundB/204, Tower 1, Peninsula Corporate Park,,Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013

Auditors

CompanyAddress
M/s BSR & Co.KPMG House, Kamala Mills Compound,448 Senapati Bapat Marg,Lower Parel

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
BOI AXA Tax Advantage Fund
Growth
₹149.24
↑ 0.28
30.12 %53.82 %24.44 %26.42 %
BOI AXA Tax Advantage Fund
Normal Dividend, Payout
₹28.75
↑ 0.05
30.15 %53.83 %23.95 %26.03 %
Data as on 23 Feb 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.