BOI AXA Tax Advantage Fund

Data As on 31^st July 2018

BOI AXATAX ADVANTAGE FUND

Fund Type : An Open Ended Equity Linked Saving Scheme with a statutory lock in of 3 years and tax benefit

Entry Load : Nil

Date of Allotment : February 25, 2025

Features : Liquity SIP Shield SIP SWP STP
Benchmark : BSE 500 Total Return Index (TRI)

Exit Load :
Nil

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 capitalizations. 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.

Fund Manager

Saurabh Kataria

BCom(Hons.) from Delhi University MBA from ICFAI Business School.

See detail

Saurabh has over 12 years of experience in the Financial Services industry.

He is managing this fund since June 29, 2013.

Fund Highlights

Suitable for investors looking for wealth creation in the long-term with a tax saving vehicle – Offers tax benefits under Section 80C of Income Tax Act 1961 wherein investments upto Rs.1.5 lakhs are exempt from income tax.
Top-down approach for development of themes: Evaluates global and domestic economy and the policy environment to develop themes.
Bottom-up approach for stock selection: Once themes are identified, valuation matrices and fund positioning would guide stock and sector selection.
Fund Manager has the flexibility of investing across sectors and market capitalization spectrum.
Three year lock-in period facilitates the fund manager to maximize returns from equities
Click here for KIM
Click here for SID

Riskometer

This product is suitable for investors who are seeking*:

Long-term capital growth.
Investment in equity and equity-related securities including equity derivatives of companies across market capitalisations.

*Investor should consult their financial advisor if they are not clear about the suitability of the product.

Top 10 Portfolio Holdings

Portfolio Details	% to Net Assets
HDFC Bank Limited	4.4%
IndusInd Bank Limited	4.1%
Bajaj Finance Limited	4.0%
Graphite India Limited	3.6%
Yes Bank Limited	3.3%
HEG Limited	3.2%
Dilip Buildcon Limited	2.7%
Sterlite Technologies Limited	2.6%
Cholamandalam Investment and Finance Company Limited	2.5%
Lumax Industries Limited	2.4%

Sector Allocation

Portfolio weight (%)
Benchmark weight (%)

Underweight / overweight
against benchmark

Data Not Available

Scheme
Benchmark

Fund Performance

Performance as per statutory disclosure Total Expense Ratio

Performance(Regular Plan – Growth)

Period	Scheme	Benchmark
1 yr	16.2 %	11.5 %
3 yrs	12.3 %	12.3 %
5 yrs	20.1 %	18.5 %

Dividend History(Regular Plan- Regular Dividend)

Record Date	Dividend (`/Unit)
27-Dec-2017	2.00
27-Mar-2017	4.00

CLICK HERE TO VIEW THE DIVIDEND HISTORY

Sip Shield

Minimum Application amount: Rs.1500 and in multiples of Rs.100 thereafter

Minimum SIP tenure: 3 years

Amount of Life Insurance cover:

Year 1 - 10 Times the Monthly SIP Installment
Year 2 - 50 Times the Monthly SIP Installment
Year 3 onwards - 100 Times the Monthly SIP Installment
Limits above are subject to maximum coverage of Rs.20 lakhs per investor across all schemes/plans/folios covered under SIP Shield
No medical tests required, only declaration of good health
Wide Range of Age Group Covered
- Minimum / Maximum Entry Age - 18 Years / 45 years as on last birthday
- Insurance cover continues upto the age of 55 years (subject to the conditions mentioned below)
The sum assured will be paid by the insurance company to the SIP investor's nominee