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Bank of India Midcap Tax Fund Series 1 Direct Growth
+17.30%
3Y annualised
+1.05% 1D
NAV: 20 Mar '26
₹25.95
Min. for SIP
Not Supported
Fund size
₹60.41 Cr
Expense ratio
1.11%
Holdings (47)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| UNO Minda Ltd. | Automobile | Equity | 4.85% |
| Bank of Maharashtra | Financial | Equity | 4.30% |
| HDFC Bank Ltd. | Financial | Equity | 3.78% |
| Hitachi Energy India Ltd. | Capital Goods | Equity | 3.66% |
| Indian Bank | Financial | Equity | 3.51% |
| PB Fintech Ltd. | Services | Equity | 3.29% |
| Schaeffler India Ltd. | Capital Goods | Equity | 3.17% |
| Lloyds Metals & Energy Ltd. | Metals & Mining | Equity | 2.83% |
| Quality Power Electrical Equipments Ltd. | Capital Goods | Equity | 2.60% |
| Hero Motocorp Ltd. | Automobile | Equity | 2.55% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 2.55% |
| Steel Authority Of India Ltd. | Metals & Mining | Equity | 2.52% |
| Coforge Ltd. | Technology | Equity | 2.37% |
| Abbott India Ltd. | Healthcare | Equity | 2.35% |
| Canara Bank | Financial | Equity | 2.35% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 2.33% |
| ICICI Bank Ltd. | Financial | Equity | 2.26% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 2.20% |
| The Federal Bank Ltd. | Financial | Equity | 2.14% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | Equity | 2.11% |
| Bharat Forge Ltd. | Automobile | Equity | 2.09% |
| SBI Cards And Payment Services Ltd. | Financial | Equity | 1.99% |
| MRF Ltd. | Automobile | Equity | 1.96% |
| Radico Khaitan Ltd. | Consumer Staples | Equity | 1.92% |
| NTPC Green Energy Ltd. | Energy | Equity | 1.92% |
| Linde India Ltd. | Chemicals | Equity | 1.90% |
| FSN E-Commerce Ventures Ltd. | Services | Equity | 1.87% |
| Jindal Stainless Ltd. | Metals & Mining | Equity | 1.83% |
| Carraro India Ltd. | Capital Goods | Equity | 1.82% |
| Reliance Industries Ltd. | Energy | Equity | 1.80% |
| Housing & Urban Development Corporation Ltd. | Financial | Equity | 1.77% |
| Dixon Technologies (India) Ltd. | Capital Goods | Equity | 1.68% |
| Petronet LNG Ltd. | Energy | Equity | 1.67% |
| Max Financial Services Ltd. | Financial | Equity | 1.61% |
| GE Vernova T&D India Ltd | Capital Goods | Equity | 1.59% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 1.54% |
| HEG Ltd. | Construction | Equity | 1.29% |
| Godfrey Phillips India Ltd. | Consumer Staples | Equity | 1.23% |
| Eris Lifesciences Ltd. | Healthcare | Equity | 1.06% |
| Solar Industries India Ltd. | Chemicals | Equity | 1.03% |
| Sky Gold And Diamonds Ltd. | Consumer Discretionary | Equity | 0.99% |
| K.P.R. Mill Ltd. | Textiles | Equity | 0.89% |
| KSH International Ltd. | Capital Goods | Equity | 0.85% |
| Shakti Pumps (India) Ltd. | Capital Goods | Equity | 0.82% |
| Bharat Dynamics Ltd. | Capital Goods | Equity | 0.72% |
| Vishal Mega Mart Ltd. | Services | Equity | 0.60% |
| Reserve Bank of India | Financial | T-Bills | 0.08% |
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 | +7.4% | +17.3% | +14.3% | +12.5% |
| Category average (Equity ELSS) | +2.2% | +18.5% | +21.7% | -- |
| Rank (Equity ELSS) | 7 | 6 | 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 | +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
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 ₹14,671 Cr and the Latest NAV as of 20 Mar 2026 is ₹25.95.
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₹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,