Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Bank of India ELSS Tax Saver Direct Growth
+18.00%
3Y annualised
-1.32% 1D
NAV: 30 Apr '26
₹191.44
Min. for SIP
₹500
Fund size (AUM)
₹1,259.66 Cr
Expense ratio
1.15%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹62,066 | +3.44% | |
| 3 years | ₹1,80,000 | ₹2,04,456 | +13.59% | |
| 5 years | ₹3,00,000 | ₹4,14,642 | +38.21% | |
| 10 years | ₹6,00,000 | ₹14,67,587 | +144.60% |
Holdings (60)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Vedanta Ltd. | Metals & Mining | Equity | 4.42% |
| State Bank of India | Financial | Equity | 4.29% |
| Bharti Airtel Ltd. | Communication | Equity | 3.33% |
| ICICI Bank Ltd. | Financial | Equity | 3.21% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 3.16% |
| NTPC Ltd. | Energy | Equity | 3.06% |
| HDFC Bank Ltd. | Financial | Equity | 2.96% |
| Acutaas Chemicals Ltd. | Healthcare | Equity | 2.90% |
| UNO Minda Ltd. | Automobile | Equity | 2.71% |
| ITC Ltd. | Consumer Staples | Equity | 2.56% |
| HEG Ltd. | Construction | Equity | 2.50% |
| LG Electronics India Ltd. | Consumer Discretionary | Equity | 2.48% |
| Power Finance Corporation Ltd. | Financial | Equity | 2.41% |
| Reliance Industries Ltd. | Energy | Equity | 2.40% |
| Coromandel International Ltd. | Chemicals | Equity | 2.38% |
| Indian Bank | Financial | Equity | 2.28% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 2.23% |
| Quality Power Electrical Equipments Ltd. | Capital Goods | Equity | 2.07% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 1.99% |
| Balrampur Chini Mills Ltd. | Consumer Staples | Equity | 1.99% |
| Ambuja Cements Ltd. | Construction | Equity | 1.97% |
| Tata Motors Ltd. | Automobile | Equity | 1.93% |
| Tata Steel Ltd. | Metals & Mining | Equity | 1.88% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 1.84% |
| Bank Of Baroda | Financial | Equity | 1.67% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 1.55% |
| Swan Corp Ltd. | Construction | Equity | 1.55% |
| Prudent Corporate Advisory Services Ltd. | Financial | Equity | 1.49% |
| JSW Steel Ltd. | Metals & Mining | Equity | 1.47% |
| Bharat Forge Ltd. | Automobile | Equity | 1.46% |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | Equity | 1.42% |
| Canara Bank | Financial | Equity | 1.42% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 1.40% |
| Triveni Engineering & Industries Ltd. | Consumer Staples | Equity | 1.35% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 1.30% |
| Britannia Industries Ltd. | Consumer Staples | Equity | 1.21% |
| SBI Cards And Payment Services Ltd. | Financial | Equity | 1.20% |
| Inox India Ltd. | Metals & Mining | Equity | 1.19% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.12% |
| ICICI Prudential Asset Management Company Ltd. | Financial | Equity | 1.09% |
| Tata Power Company Ltd. | Energy | Equity | 1.08% |
| K.P.R. Mill Ltd. | Textiles | Equity | 1.01% |
| Siemens Ltd. | Capital Goods | Equity | 0.98% |
| Siemens Energy India Ltd. | Energy | Equity | 0.98% |
| Max Financial Services Ltd. | Financial | Equity | 0.92% |
| National Aluminium Company Ltd. | Metals & Mining | Equity | 0.89% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 0.86% |
| Titagarh Rail Systems Ltd. | Automobile | Equity | 0.84% |
| Zaggle Prepaid Ocean Services Ltd. | Technology | Equity | 0.83% |
| Coforge Ltd. | Technology | Equity | 0.80% |
| CMS Info Systems Ltd. | Services | Equity | 0.58% |
| Export-Import Bank Of India | Financial | CD | 0.39% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.39% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.37% |
| Varun Beverages Ltd. | Consumer Staples | Equity | 0.30% |
| Reserve Bank of India | Financial | T-Bills | 0.13% |
| DLF Ltd. | Construction | Equity | 0.10% |
| 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% | +16.0% | +17.7% | +17.0% |
| Category average (Equity ELSS) | +16.4% | +16.5% | +14.0% | -- |
| Rank (Equity ELSS) | 10 | 8 | 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
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Motilal Oswal ELSS Tax Saver Fund Direct Growth | +16.87% | +26.32% | 3,968.68 | |
SBI ELSS Tax Saver Fund Direct Growth | +2.86% | +21.45% | 28,441.43 | |
WhiteOak Capital ELSS Tax Saver Fund Direct Growth | +4.42% | +20.44% | 402.93 | |
HDFC ELSS Tax Saver Fund Direct Plan Growth | -1.52% | +18.08% | 14,615.19 | |
Parag Parikh ELSS Tax Saver Fund Direct Growth | -2.50% | +13.96% | 5,260.64 | |
| 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 ₹13,424 Cr and the Latest NAV as of 30 Apr 2026 is ₹191.44.
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.
;
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₹13,424.16 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,