Home > Bharti AXA Tax Advantage Fund
Bharti AXA Tax Advantage Fund
An Open-ended Equity Linked Savings Scheme
Bharti AXA Investment Managers brings you a fund that can help you save up to Rs. 30900* under section 80C of Income Tax Act, 1961
*Tax saving of Rs. 30900 is calculated assuming qualifying amount of deduction of Rs. 1 lakh and taxable income falls under maximum tax slab.
Scheme Features
| Fund Name: Bharti AXA Tax Advantage Fund |
Fund Type: An Open-ended Equity Linked Savings Scheme |
| 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 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. |
Fund Manager: Prateek Agrawal |
| Benchmark: S&P CNX Nifty Index |
Plans:
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| Minimum Application: Rs. 500 and in multiples of Rs. 500 for additional purchase |
Options:
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| Minimum Redemption: Rs. 500 (or equivalent Unit value), or account balance, whichever is lower. |
Entry / Exit Load: Nil |
Current Expense Ratio (Effective date - February 12, 2009):
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Special Features: -- |
| Date of Allotment: February 25, 2009 |
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| Statutory Details: Bharti AXA Mutual Fund has been set up as a Trust (under the Indian Trust Act, 1882) by AXA Investment Managers, Sponsor of the Fund. The Sponsor is not responsible for any loss resulting from the operations of the schemes beyond the contribution of an amount of Rs. 1 lakh made by it towards setting up the Mutual Fund. Trustee: Bharti AXA Trustee Services Private Limited, a limited liability company. Investment Manager: Bharti AXA Investment Managers Private Limited, a limited liability company. Risk Factors: All mutual funds and securities investments are subject to market risks and there can be no assurance that the Scheme's objectives will be achieved and the NAV of the Plans under the Scheme may go up or down depending upon the factors and forces affecting the securities market. Past performance of the Sponsors and their affiliates / AMC / Mutual Fund and its Scheme(s) do not indicate the future performance of the Scheme(s) of the Mutual Fund. Investors in the Scheme are not being offered any guaranteed / assured returns. The name of the Scheme does not in any manner indicate either the quality of the Scheme, their future prospects or returns. Bharti AXA Tax Advantage Fund is an open-ended equity linked savings scheme. 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 capitalisations. The Scheme is in the nature of diversified multi-cap fund. Investments in the Scheme are subject to a lock-in period of 3 years from the respective dates of allotment of Units. Copies of the Scheme Information Document / Key Information Memorandum / Statement of Additional Information can be obtained at any of our Investor Service Centers or on AMC Website www.bhartiaxa-im.com. Mutual Funds Investments are subject to market risks. Investors are requested to read the Scheme Information Document / Statement of Additional Information / Addenda carefully before investing. |
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| Updated as of 02-Sep-2010 | |||||||||||||
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