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 Midcap Tax Fund Series 1 Direct Growth
ELSS • 3Y Lock-in
Equity
ELSS
Very High Risk
+16.97%
3Y annualised
+0.11% 1D
NAV: 16 Jan '26
₹27.14
Min. SIP amount
Not Supported
Fund size
₹62.46 Cr
Expense ratio
1.11%
Holdings (45)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| UNO Minda Ltd. | Automobile | Equity | 5.07% |
| Hero Motocorp Ltd. | Automobile | Equity | 4.63% |
| Coforge Ltd. | Technology | Equity | 4.46% |
| HDFC Bank Ltd. | Financial | Equity | 4.08% |
| PB Fintech Ltd. | Services | Equity | 3.92% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 3.11% |
| Bank of Maharashtra | Financial | Equity | 3.02% |
| Lloyds Metals & Energy Ltd. | Metals & Mining | Equity | 2.93% |
| Indian Bank | Financial | Equity | 2.87% |
| Schaeffler India Ltd. | Capital Goods | Equity | 2.73% |
| Hitachi Energy India Ltd. | Capital Goods | Equity | 2.53% |
| Abbott India Ltd. | Healthcare | Equity | 2.48% |
| Radico Khaitan Ltd. | Consumer Staples | Equity | 2.32% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | Equity | 2.26% |
| Vikran Engineering Ltd. | Capital Goods | Equity | 2.23% |
| Canara Bank | Financial | Equity | 2.23% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 2.19% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 2.19% |
| Steel Authority Of India Ltd. | Metals & Mining | Equity | 2.16% |
| SBI Cards And Payment Services Ltd. | Financial | Equity | 2.14% |
| ICICI Bank Ltd. | Financial | Equity | 2.13% |
| Quality Power Electrical Equipments Ltd. | Capital Goods | Equity | 2.12% |
| Housing & Urban Development Corporation Ltd. | Financial | Equity | 2.09% |
| Reliance Industries Ltd. | Energy | Equity | 1.96% |
| KPIT Technologies Ltd. | Technology | Equity | 1.92% |
| Jindal Stainless Ltd. | Metals & Mining | Equity | 1.91% |
| Dixon Technologies (India) Ltd. | Capital Goods | Equity | 1.87% |
| The Federal Bank Ltd. | Financial | Equity | 1.85% |
| FSN E-Commerce Ventures Ltd. | Services | Equity | 1.81% |
| Carraro India Ltd. | Capital Goods | Equity | 1.79% |
| Linde India Ltd. | Chemicals | Equity | 1.63% |
| NTPC Green Energy Ltd. | Energy | Equity | 1.57% |
| Godfrey Phillips India Ltd. | Consumer Staples | Equity | 1.55% |
| MRF Ltd. | Automobile | Equity | 1.49% |
| HEG Ltd. | Construction | Equity | 1.35% |
| Vedanta Ltd. | Metals & Mining | Equity | 1.29% |
| GE Vernova T&D India Ltd | Capital Goods | Equity | 1.25% |
| Max Healthcare Institute Ltd. | Healthcare | Equity | 1.17% |
| Eris Lifesciences Ltd. | Healthcare | Equity | 1.13% |
| Shakti Pumps (India) Ltd. | Capital Goods | Equity | 1.11% |
| Siemens Energy India Ltd. | Energy | Equity | 1.00% |
| K.P.R. Mill Ltd. | Textiles | Equity | 0.91% |
| Sky Gold And Diamonds Ltd. | Consumer Discretionary | Equity | 0.88% |
| KSH International Ltd. | Capital Goods | Equity | 0.78% |
| Bharat Dynamics Ltd. | Capital Goods | Equity | 0.49% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +1.8% | +17.0% | +16.5% | +13.4% |
| Category average (Equity ELSS) | +2.2% | +18.5% | +21.7% | -- |
| Rank (Equity ELSS) | 12 | 11 | 12 | -- |
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 | +7.81% | +23.97% | 32,608.80 | |
WhiteOak Capital ELSS Tax Saver Fund Direct Growth | +8.31% | +22.58% | 448.30 | |
HDFC ELSS Tax Saver Fund Direct Plan Growth | +12.09% | +21.73% | 17,163.37 | |
Quantum ELSS Tax Saver Fund Direct Growth | +6.49% | +17.80% | 227.26 | |
Parag Parikh ELSS Tax Saver Fund Direct Growth | +6.99% | +17.76% | 5,914.69 | |
| Compare | ||||
Fund management
NJNilesh JethaniOct 2024 - PresentView details
NJ
Nilesh Jethani
Oct 2024 - Present
View details
About Bank of India Midcap Tax Fund Series 1 Direct Growth
Bank of India Midcap Tax Fund Series 1 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. Nilesh Jethani is the Current Fund Manager of Bank of India Midcap Tax Fund Series 1 Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹13,696 Cr and the Latest NAV as of 16 Jan 2026 is ₹27.14.
The Bank of India Midcap Tax Fund Series 1 Direct Growth is rated Very High risk.
;
Investment Objective
The scheme seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related securities of midcap companies along with income tax benefit.
Fund benchmarkBSE 500 Total Return Index
Fund house
Rank (total assets)#31 in India
Total AUM₹13,696.42 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,