BOI AXA Tax Advantage Fund Applcation Form

Investment Details
Basics Min Investment (Rs) 500 Subsequent Investment (Rs) 500 Min Withdrawal (Rs) -- Min Balance -- Pricing Method Forward Purchase Cut-off Time (hrs) 15 Redemption Cut-off Time (hrs) 15 Redemption Time (days) 10 Lock-in 1095 days Cheque Writing --		Systematic Investment Plan SIP Yes Initial Investment (Rs) -- Additional Investment (Rs) 500 No of Cheques 6 Note --

 

 

https://sites.google.com/site/mutualfundapplications/tax-saving-mutual-funds-elss 

 

Aim: Invest in medium and large sized high growth companies with competitive advantages and financial strength

Performance Driver:
Concentrated exposure to fewer sectors; large-cap orientation has achieved growth during rallies and checked on downside during falls

Why Invest?
The buy-and-hold strategy and low portfolio turnover is a good long-term investment with tax benefits

Flipside: The fund's few contrarian bets may impact short-term performance

Invest if: You are looking for tax deductions on investments with equity exposure but low risk tolerance