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Bank of India ELSS Tax Saver Direct Growth
+18.01%
3Y annualised
+0.75% 1D
NAV: 20 Mar '26
₹177.49
Min. for SIP
₹500
Fund size
₹1,384.21 Cr
Expense ratio
0.89%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹58,141 | -3.10% | |
| 3 years | ₹1,80,000 | ₹1,93,299 | +7.39% | |
| 5 years | ₹3,00,000 | ₹3,91,210 | +30.40% | |
| 10 years | ₹6,00,000 | ₹13,86,756 | +131.13% |
Holdings (62)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| State Bank of India | Financial | Equity | 4.08% |
| ICICI Bank Ltd. | Financial | Equity | 3.34% |
| HDFC Bank Ltd. | Financial | Equity | 3.27% |
| Bharti Airtel Ltd. | Communication | Equity | 3.19% |
| ITC Ltd. | Consumer Staples | Equity | 3.04% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 2.97% |
| NTPC Ltd. | Energy | Equity | 2.63% |
| Coromandel International Ltd. | Chemicals | Equity | 2.52% |
| HEG Ltd. | Construction | Equity | 2.42% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 2.35% |
| Acutaas Chemicals Ltd. | Healthcare | Equity | 2.34% |
| Reliance Industries Ltd. | Energy | Equity | 2.27% |
| LG Electronics India Ltd. | Consumer Discretionary | Equity | 2.25% |
| Ambuja Cements Ltd. | Construction | Equity | 2.23% |
| Reserve Bank of India | Financial | T-Bills | 2.15% |
| Indian Bank | Financial | Equity | 2.08% |
| Quality Power Electrical Equipments Ltd. | Capital Goods | Equity | 2.03% |
| UNO Minda Ltd. | Automobile | Equity | 2.01% |
| Tata Motors Ltd. | Automobile | Equity | 1.87% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 1.86% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 1.86% |
| Swan Corp Ltd. | Construction | Equity | 1.80% |
| Indian Bank | Financial | CD | 1.78% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 1.50% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 1.40% |
| Prudent Corporate Advisory Services Ltd. | Financial | Equity | 1.40% |
| SBI Cards And Payment Services Ltd. | Financial | Equity | 1.33% |
| Bharat Forge Ltd. | Automobile | Equity | 1.31% |
| Balrampur Chini Mills Ltd. | Consumer Staples | Equity | 1.31% |
| Triveni Engineering & Industries Ltd. | Consumer Staples | Equity | 1.27% |
| Vedanta Ltd. | Metals & Mining | Equity | 1.25% |
| Britannia Industries Ltd. | Consumer Staples | Equity | 1.21% |
| Bank Of Baroda | Financial | Equity | 1.12% |
| ICICI Prudential Asset Management Company Ltd. | Financial | Equity | 1.10% |
| Inox India Ltd. | Metals & Mining | Equity | 1.08% |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | Equity | 1.08% |
| Bank Of Baroda | Financial | CD | 1.07% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.02% |
| Max Financial Services Ltd. | Financial | Equity | 1.02% |
| Siemens Energy India Ltd. | Energy | Equity | 1.02% |
| K.P.R. Mill Ltd. | Textiles | Equity | 1.00% |
| Tata Power Company Ltd. | Energy | Equity | 0.98% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 0.96% |
| Zaggle Prepaid Ocean Services Ltd. | Technology | Equity | 0.92% |
| NTPC Green Energy Ltd. | Energy | Equity | 0.88% |
| Union Bank of India | Financial | CD | 0.85% |
| Coforge Ltd. | Technology | Equity | 0.77% |
| Titagarh Rail Systems Ltd. | Automobile | Equity | 0.76% |
| Tata Steel Ltd. | Metals & Mining | Equity | 0.67% |
| CMS Info Systems Ltd. | Services | Equity | 0.60% |
| Siemens Ltd. | Capital Goods | Equity | 0.49% |
| Export-Import Bank Of India | Financial | CD | 0.36% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.34% |
| Varun Beverages Ltd. | Consumer Staples | Equity | 0.33% |
| Power Finance Corporation Ltd. | Financial | Equity | 0.30% |
| Canara Bank | Financial | Equity | 0.23% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.19% |
| Reserve Bank of India | Financial | T-Bills | 0.12% |
| DLF Ltd. | Construction | Equity | 0.11% |
| Advanced Enzyme Technologies Ltd. | Chemicals | Equity | 0.08% |
| Interglobe Aviation Ltd. | Services | Equity | 0.03% |
| Jupiter Wagons Ltd. | Services | Equity | 0.02% |
See All
Minimum investments
Min. for 1st investment
₹500
Min. for 2nd investment
₹500
Min. for SIP
₹500
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +18.0% | +15.3% | +17.4% | +16.5% |
| Category average (Equity ELSS) | +16.4% | +16.5% | +14.0% | -- |
| Rank (Equity ELSS) | 9 | 7 | 4 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
SBI ELSS Tax Saver Fund Direct Growth | +0.89% | +21.55% | 32,171.48 | |
WhiteOak Capital ELSS Tax Saver Fund Direct Growth | +0.86% | +20.30% | 438.21 | |
HDFC ELSS Tax Saver Fund Direct Plan Growth | +1.35% | +18.77% | 16,618.14 | |
Quantum ELSS Tax Saver Fund Direct Growth | -2.35% | +15.42% | 217.51 | |
Parag Parikh ELSS Tax Saver Fund Direct Growth | -1.73% | +14.92% | 5,720.71 | |
| Compare | ||||
Fund management
ASAlok SinghApr 2022 - PresentView details
AS
Alok Singh
Apr 2022 - Present
View details
About Bank of India ELSS Tax Saver Direct Growth
Bank of India ELSS Tax Saver Direct Growth is a Equity Mutual Fund Scheme launched by Bank of India Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Alok Singh is the Current Fund Manager of Bank of India ELSS Tax Saver Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹14,671 Cr and the Latest NAV as of 20 Mar 2026 is ₹177.49.
The Bank of India ELSS Tax Saver Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500.
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Investment Objective
The scheme seeks to build a diversified portfolio of stocks of companies having sustainable business models, without any bias of market capitalisation and sector. The scheme will follow top-down approach of equity selection.
Fund benchmarkBSE 500 Total Return Index
Fund house
Rank (total assets)#31 in India
Total AUM₹14,671.20 Cr
Date of Incorporation31 Mar 2008
Launch Date31 Mar 2008
AddressB/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,