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. Alok Singh 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 ₹13,570 Cr and the Latest NAV as of 16 Oct 2025 is ₹28.55. 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. ;