| NAV: 24 Jun 2022 | ₹17.96 |
| Min. SIP amount | NA |
| Rating | 4 |
| Fund size | ₹37.58Cr |
Returns and rankings
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | -4.5% | 19.1% | 17.2% |
| Category average | NA | 75.7% | 16.1% | NA |
| Rank with in category | NA | 18 | 12 | NA |
Holdings (41)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Cholamandalam Investment & Finance Company Ltd. | Financial | Equity | 4.8% |
| Astral Ltd. | Chemicals | Equity | 4.6% |
| Tube Investments Of India Ltd. | Automobile | Equity | 4.0% |
| Minda Industries Ltd. | Automobile | Equity | 3.9% |
| Max Healthcare Institute Ltd. | Healthcare | Equity | 3.8% |
| Page Industries Ltd. | Textiles | Equity | 3.8% |
| AU Small Finance Bank Ltd. | Financial | Equity | 3.4% |
| Relaxo Footwears Ltd. | Consumer Staples | Equity | 3.0% |
| Trent Ltd. | Services | Equity | 2.9% |
| Atul Ltd. | Chemicals | Equity | 2.9% |
Expense ratio, exit load and tax
Expense ratio: 0.50%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
Dhruv BhatiaJan 2022 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in Bank of India Midcap Tax Fund Series 2 Direct Growth?
You can easily invest in Bank of India Midcap Tax Fund Series 2 Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for Bank of India Midcap Tax Fund Series 2 Direct Growth from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in Bank of India Midcap Tax Fund Series 2 Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Bank of India Midcap Tax Fund Series 2 Direct Growth provide?
The Bank of India Midcap Tax Fund Series 2 Direct Growth has been there from 19 Oct 2018 and the average annual returns provided by this fund is -4.47% since its inception.
How much expense ratio is charged by Bank of India Midcap Tax Fund Series 2 Direct Growth?
The term
Expense Ratio used for Bank of India Midcap Tax Fund Series 2 Direct Growth or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of Bank of India Midcap Tax Fund Series 2 Direct Growth is 0.50% as of 26 Jun 2022...
What is the AUM of Bank of India Midcap Tax Fund Series 2 Direct Growth?
The AUM, short for Assets Under Management of Bank of India Midcap Tax Fund Series 2 Direct Growth is ₹37.58Cr as of 26 Jun 2022.
How to Redeem Bank of India Midcap Tax Fund Series 2 Direct Growth?
If you want to sell your Bank of India Midcap Tax Fund Series 2 Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Bank of India Midcap Tax Fund Series 2 Direct Growth?
What is the NAV of Bank of India Midcap Tax Fund Series 2 Direct Growth?
The NAV of Bank of India Midcap Tax Fund Series 2 Direct Growth is ₹17.96 as of 24 Jun 2022.
