1M
6M
1Y
3Y
5Y
All
| NAV: 13 Dec 2024 | ₹204.74 |
| Min. SIP amount | ₹500 |
| Rating | 4 |
| Fund size | ₹1,485.63Cr |
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
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 33.4% | 21.6% | 27.7% | 19.9% |
| Category average | 28.2% | 17.3% | 20.6% | NA |
| Rank with in category | 8 | 5 | 2 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
SBI Long Term Equity Fund Direct Plan Growth | 5 | 38.9% | 26.1% | 28,732.52 |
Franklin India ELSS Tax Saver Fund Direct Growth | 4 | 32.6% | 21.2% | 7,241.79 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 26.4% | 19.4% | 4,362.18 |
Quant ELSS Tax Saver Fund Direct Growth | 5 | 21.2% | 18.7% | 11,560.66 |
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 4 | 22.1% | 17.8% | 7,353.93 |
Holdings (69)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 5.32% |
State Bank of India | Financial | Equity | 4.30% |
Vedanta Ltd. | Metals & Mining | Equity | 3.91% |
Prudent Corporate Advisory Services Ltd. | Financial | Equity | 2.82% |
NTPC Ltd. | Energy | Equity | 2.71% |
Ami Organics Ltd. | Healthcare | Equity | 2.37% |
General Insurance Corporation of India | Insurance | Equity | 2.19% |
Reliance Industries Ltd. | Energy | Equity | 2.12% |
Siemens Ltd. | Capital Goods | Equity | 1.99% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 1.98% |
Tata Power Company Ltd. | Energy | Equity | 1.92% |
UNO Minda Ltd. | Automobile | Equity | 1.85% |
Coromandel International Ltd. | Chemicals | Equity | 1.82% |
ICICI Bank Ltd. | Financial | Equity | 1.81% |
Coforge Ltd. | Technology | Equity | 1.80% |
Tata Steel Ltd. | Metals & Mining | Equity | 1.77% |
Dixon Technologies (India) Ltd. | Capital Goods | Equity | 1.76% |
HEG Ltd. | Construction | Equity | 1.75% |
Oil India Ltd. | Energy | Equity | 1.70% |
Deepak Nitrite Ltd. | Chemicals | Equity | 1.68% |
JIO Financial Services Ltd. | Financial | Equity | 1.62% |
Swan Energy Ltd. | Construction | Equity | 1.51% |
Bharat Forge Ltd. | Automobile | Equity | 1.47% |
REC Ltd. | Financial | Equity | 1.46% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.44% |
Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 1.38% |
Balrampur Chini Mills Ltd. | Consumer Staples | Equity | 1.37% |
CMS Info Systems Ltd. | Services | Equity | 1.35% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 1.34% |
ABB India Ltd. | Capital Goods | Equity | 1.29% |
Triveni Engineering & Industries Ltd. | Consumer Staples | Equity | 1.29% |
Tata Technologies Ltd | Services | Equity | 1.26% |
K.P.R. Mill Ltd. | Textiles | Equity | 1.24% |
Indian Bank | Financial | Equity | 1.18% |
Tech Mahindra Ltd. | Technology | Equity | 1.18% |
Larsen & Toubro Ltd. | Construction | Equity | 1.16% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.16% |
Varun Beverages Ltd. | Consumer Staples | Equity | 1.12% |
HCL Technologies Ltd. | Technology | Equity | 1.11% |
Sterling and Wilson Renewable Energy Ltd. | Capital Goods | Equity | 1.10% |
Jupiter Wagons Ltd. | Services | Equity | 1.09% |
KPIT Technologies Ltd. | Technology | Equity | 1.06% |
Titagarh Wagons Ltd. | Automobile | Equity | 1.02% |
Inox India Ltd. | Metals & Mining | Equity | 1.01% |
Bank Of Baroda | Financial | Equity | 1.00% |
Poly Medicure Ltd. | Healthcare | Equity | 1.00% |
Bharti Airtel Ltd. | Communication | Equity | 0.99% |
Ultratech Cement Ltd. | Construction | Equity | 0.92% |
Hero Motocorp Ltd. | Automobile | Equity | 0.90% |
Canara Bank | Financial | CD | 0.86% |
Advanced Enzyme Technologies Ltd. | Chemicals | Equity | 0.86% |
Kotak Mahindra Bank Ltd. | Financial | CD | 0.86% |
DLF Ltd. | Construction | Equity | 0.83% |
PNB Housing Finance Ltd. | Financial | Equity | 0.79% |
Central Depository Services (India) Ltd. | Financial | Equity | 0.75% |
PI Industries Ltd. | Chemicals | Equity | 0.75% |
Graphite India Ltd. | Capital Goods | Equity | 0.74% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 0.73% |
Power Finance Corporation Ltd. | Financial | Equity | 0.70% |
Ambuja Cements Ltd. | Construction | Equity | 0.69% |
Oberoi Realty Ltd. | Construction | Equity | 0.68% |
Linde India Ltd. | Chemicals | Equity | 0.60% |
Amara Raja Energy & Mobility Ltd | Capital Goods | Equity | 0.49% |
Ircon International Ltd. | Construction | Equity | 0.45% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.45% |
HDFC Bank Ltd. | Financial | CD | 0.33% |
Union Bank of India | Financial | Equity | 0.16% |
Canara Bank | Financial | Equity | 0.11% |
Reserve Bank of India | Financial | T-Bills | 0.04% |
See All
Pros and cons
Category: Equity ELSS
Pros
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher alpha: 3.58
The fund has generated returns higher than benchmark - BSE 500 Total Return Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.96%
Cons
Lock-in period: 3Y
Expense ratio, exit load and tax
Expense ratio: 0.96%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (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%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Alok SinghApr 2022 - PresentView details
Alok Singh
Apr 2022 - Present
View details
Education
Mr. Singh is a CFA and PGDBA from ICFAI Business School.
Experience
Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank
Also manages these schemes
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
E-mail
[email protected]
Bank of India 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,
Email
[email protected]Website
www.karvymfs.comCompare funds
Bank of India ELSS Tax Saver Direct Growth
VS
Add mutual fund to compare
MOST POPULAR ON GROWWVERSION - 5.5.9
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: QUANT SMALL CAP FUND | ICICI PRUDENTIAL COMMODITIES FUND | NIPPON INDIA SMALL CAP FUND | PARAG PARIKH FLEXI CAP FUND | GROWW NIFTY TOTAL MARKET INDEX FUND | SBI SMALL MIDCAP FUND | TATA DIGITAL INDIA FUND | AXIS SMALL CAP FUND | ICICI PRUDENTIAL TECHNOLOGY FUND | HDFC INDEX FUND SENSEX PLAN | HDFC SMALL CAP FUND | AXIS EQUITY FUND | CANARA ROBECO SMALL CAP FUND | TATA SMALL CAP FUND | UTI NIFTY FUND
MUTUAL FUNDS COMPANIES: GROWWMF | SBI | AXIS | HDFC | UTI | NIPPON INDIA | ICICI PRUDENTIAL | TATA | KOTAK | DSP | CANARA ROBECO | SUNDARAM | MIRAE ASSET | IDFC | FRANKLIN TEMPLETON | PPFAS | MOTILAL OSWAL | INVESCO | EDELWEISS | ADITYA BIRLA SUN LIFE | LIC | HSBC | NAVI | QUANTUM | UNION | ITI | MAHINDRA MANULIFE | 360 ONE | BOI | TAURUS | JM FINANCIAL | PGIM | SHRIRAM | BARODA BNP PARIBAS | QUANT | WHITEOAK CAPITAL | TRUST | SAMCO | NJ