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| NAV: 14 Nov 2024 | ₹187.39 |
| Min. SIP amount | ₹500 |
| Rating | 4 |
| Fund size | ₹1,485.63Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 34.2% | 17.2% | 25.8% | 19.1% |
| Category average | 35.0% | 15.4% | 19.4% | NA |
| Rank with in category | 9 | 7 | 2 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
SBI Long Term Equity Fund Direct Plan Growth | 5 | 42.2% | 21.9% | 28,732.52 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 29.5% | 18.3% | 4,362.18 |
Quant ELSS Tax Saver Fund Direct Growth | 5 | 29.1% | 18.0% | 11,560.66 |
Franklin India ELSS Tax Saver Fund Direct Growth | 4 | 33.5% | 17.1% | 7,241.79 |
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 4 | 24.6% | 14.7% | 7,353.93 |
Holdings (67)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 4.90% |
Vedanta Ltd. | Metals & Mining | Equity | 4.18% |
State Bank of India | Financial | Equity | 3.99% |
Oil India Ltd. | Energy | Equity | 3.09% |
NTPC Ltd. | Energy | Equity | 2.85% |
Prudent Corporate Advisory Services Ltd. | Financial | Equity | 2.28% |
General Insurance Corporation of India | Insurance | Equity | 2.27% |
Reliance Industries Ltd. | Energy | Equity | 2.27% |
Tata Power Company Ltd. | Energy | Equity | 2.04% |
Ami Organics Ltd. | Healthcare | Equity | 2.02% |
Siemens Ltd. | Capital Goods | Equity | 2.00% |
UNO Minda Ltd. | Automobile | Equity | 2.00% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 1.99% |
Tata Steel Ltd. | Metals & Mining | Equity | 1.94% |
HEG Ltd. | Construction | Equity | 1.94% |
Deepak Nitrite Ltd. | Chemicals | Equity | 1.79% |
Coromandel International Ltd. | Chemicals | Equity | 1.77% |
ICICI Bank Ltd. | Financial | Equity | 1.72% |
JIO Financial Services Ltd. | Financial | Equity | 1.70% |
Dixon Technologies (India) Ltd. | Capital Goods | Equity | 1.67% |
Swan Energy Ltd. | Construction | Equity | 1.58% |
Bharat Forge Ltd. | Automobile | Equity | 1.53% |
Lupin Ltd. | Healthcare | Equity | 1.49% |
REC Ltd. | Financial | Equity | 1.49% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.49% |
CMS Info Systems Ltd. | Services | Equity | 1.45% |
Triveni Engineering & Industries Ltd. | Consumer Staples | Equity | 1.43% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 1.39% |
Balrampur Chini Mills Ltd. | Consumer Staples | Equity | 1.37% |
ABB India Ltd. | Capital Goods | Equity | 1.36% |
Coforge Ltd. | Technology | Equity | 1.34% |
Tata Technologies Ltd | Services | Equity | 1.34% |
K.P.R. Mill Ltd. | Textiles | Equity | 1.22% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.17% |
Larsen & Toubro Ltd. | Construction | Equity | 1.14% |
Varun Beverages Ltd. | Consumer Staples | Equity | 1.10% |
HCL Technologies Ltd. | Technology | Equity | 1.09% |
Jupiter Wagons Ltd. | Services | Equity | 1.05% |
KPIT Technologies Ltd. | Technology | Equity | 1.04% |
Indian Bank | Financial | Equity | 1.01% |
Bharti Airtel Ltd. | Communication | Equity | 1.01% |
Inox India Ltd. | Metals & Mining | Equity | 1.01% |
Hero Motocorp Ltd. | Automobile | Equity | 1.00% |
Ambuja Cements Ltd. | Construction | Equity | 1.00% |
Titagarh Wagons Ltd. | Automobile | Equity | 0.99% |
Tech Mahindra Ltd. | Technology | Equity | 0.96% |
Ultratech Cement Ltd. | Construction | Equity | 0.95% |
Bank Of Baroda | Financial | Equity | 0.95% |
Sterling and Wilson Renewable Energy Ltd. | Capital Goods | Equity | 0.91% |
DLF Ltd. | Construction | Equity | 0.88% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 0.81% |
Advanced Enzyme Technologies Ltd. | Chemicals | Equity | 0.81% |
Graphite India Ltd. | Capital Goods | Equity | 0.79% |
PNB Housing Finance Ltd. | Financial | Equity | 0.78% |
Poly Medicure Ltd. | Healthcare | Equity | 0.78% |
PI Industries Ltd. | Chemicals | Equity | 0.75% |
Mahindra Lifespace Developers Ltd. | Construction | Equity | 0.72% |
Power Finance Corporation Ltd. | Financial | Equity | 0.72% |
Central Depository Services (India) Ltd. | Financial | Equity | 0.68% |
Linde India Ltd. | Chemicals | Equity | 0.57% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.51% |
Indusind Bank Ltd. | Financial | Equity | 0.50% |
Amara Raja Energy & Mobility Ltd | Capital Goods | Equity | 0.49% |
Ircon International Ltd. | Construction | Equity | 0.46% |
Union Bank of India | Financial | Equity | 0.17% |
Canara Bank | Financial | Equity | 0.11% |
Reserve Bank of India | Financial | T-Bills | 0.04% |
See All
Pros and cons
Category: Equity ELSS
Pros
3Y, 5Y and 10Y annualised returns higher than category average
Higher alpha: 2.68
The fund has generated returns higher than benchmark - BSE 500 Total Return Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.96%
Cons
1Y annualised returns lower than category average by 0.82%
Lock-in period: 3Y
Expense ratio, exit load and tax
Expense ratio: 0.96%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (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%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Alok SinghApr 2022 - PresentView details
Alok Singh
Apr 2022 - Present
View details
Education
Mr. Singh is a CFA and PGDBA from ICFAI Business School.
Experience
Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
E-mail
[email protected]
Bank of India Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
Bank of India ELSS Tax Saver Direct Growth
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