Bank of India ELSS Tax Saver Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
25.79%
3Y annualised
+0.19% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 Feb 2024₹171.07
Min. SIP amount₹500
Rating5
Fund size₹1,090.31Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns55.4%25.8%27.8%19.5%
Category average38.6%19.3%18.8%NA
Rank with in category342NA
Understand terms

Holdings (68)

NameSectorInstrumentAssets
FinancialEquity4.58%
FinancialEquity3.96%
FinancialEquity3.76%
FinancialEquity3.75%
EnergyEquity3.40%
EnergyEquity3.02%
HealthcareEquity2.82%
EnergyEquity2.75%
ConstructionEquity2.64%
Kotak Mahindra Bank Ltd.
FinancialCD2.56%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lock-in period: 3Y
Higher alpha: 5.07 The fund has generated returns higher than benchmark - S&P BSE 500 Total Return Index - in the last 3Y
Exit load is zero
Lower expense ratio: 1.2%
Consistently top ranked fund

Expense ratio, exit load and tax

Expense ratio: 1.20%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund house & investment objective

Fund house contact details

Address
B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
Website
BOI AXA Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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