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| NAV: 20 Dec 2024 | ₹196.26 |
| 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 | 29.1% | 22.0% | 26.4% | 19.4% |
| Category average | 23.1% | 17.9% | 19.2% | NA |
| Rank with in category | 8 | 6 | 2 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
SBI Long Term Equity Fund Direct Plan Growth | 5 | 33.9% | 26.7% | 28,732.52 |
Franklin India ELSS Tax Saver Fund Direct Growth | 4 | 26.8% | 21.6% | 7,241.79 |
Quant ELSS Tax Saver Fund Direct Growth | 5 | 15.7% | 20.3% | 11,560.66 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 22.9% | 20.0% | 4,362.18 |
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 4 | 17.8% | 18.3% | 7,353.93 |
Holdings (70)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 5.44% |
State Bank of India | Financial | Equity | 4.34% |
Vedanta Ltd. | Metals & Mining | Equity | 4.12% |
Prudent Corporate Advisory Services Ltd. | Financial | Equity | 2.72% |
Ami Organics Ltd. | Healthcare | Equity | 2.54% |
NTPC Ltd. | Energy | Equity | 2.39% |
General Insurance Corporation of India | Insurance | Equity | 2.34% |
Coforge Ltd. | Technology | Equity | 2.33% |
Swan Energy Ltd. | Construction | Equity | 2.16% |
Siemens Ltd. | Capital Goods | Equity | 2.13% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 2.06% |
Reliance Industries Ltd. | Energy | Equity | 2.03% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.97% |
Dixon Technologies (India) Ltd. | Capital Goods | Equity | 1.96% |
UNO Minda Ltd. | Automobile | Equity | 1.95% |
Coromandel International Ltd. | Chemicals | Equity | 1.93% |
ICICI Bank Ltd. | Financial | Equity | 1.80% |
Tata Power Company Ltd. | Energy | Equity | 1.79% |
HEG Ltd. | Construction | Equity | 1.76% |
Oil India Ltd. | Energy | Equity | 1.74% |
Deepak Nitrite Ltd. | Chemicals | Equity | 1.72% |
Tata Steel Ltd. | Metals & Mining | Equity | 1.70% |
JIO Financial Services Ltd. | Financial | Equity | 1.63% |
Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 1.57% |
Tech Mahindra Ltd. | Technology | Equity | 1.48% |
REC Ltd. | Financial | Equity | 1.47% |
Bharat Forge Ltd. | Automobile | Equity | 1.38% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 1.35% |
ABB India Ltd. | Capital Goods | Equity | 1.28% |
K.P.R. Mill Ltd. | Textiles | Equity | 1.28% |
Balrampur Chini Mills Ltd. | Consumer Staples | Equity | 1.26% |
NA | NA | Equity | 1.23% |
CMS Info Systems Ltd. | Services | Equity | 1.23% |
Triveni Engineering & Industries Ltd. | Consumer Staples | Equity | 1.23% |
Larsen & Toubro Ltd. | Construction | Equity | 1.18% |
Tata Technologies Ltd | Services | Equity | 1.16% |
Varun Beverages Ltd. | Consumer Staples | Equity | 1.15% |
HCL Technologies Ltd. | Technology | Equity | 1.14% |
Indian Bank | Financial | Equity | 1.13% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.10% |
Oberoi Realty Ltd. | Construction | Equity | 1.04% |
KPIT Technologies Ltd. | Technology | Equity | 1.03% |
Jupiter Wagons Ltd. | Services | Equity | 1.03% |
Inox India Ltd. | Metals & Mining | Equity | 1.00% |
Titagarh Wagons Ltd. | Automobile | Equity | 1.00% |
Bharti Airtel Ltd. | Communication | Equity | 0.99% |
Sterling and Wilson Renewable Energy Ltd. | Capital Goods | Equity | 0.99% |
PNB Housing Finance Ltd. | Financial | Equity | 0.97% |
Bank Of Baroda | Financial | Equity | 0.97% |
Poly Medicure Ltd. | Healthcare | Equity | 0.95% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 0.88% |
Bank Of Baroda | Financial | CD | 0.85% |
Hero Motocorp Ltd. | Automobile | Equity | 0.85% |
DLF Ltd. | Construction | Equity | 0.83% |
PI Industries Ltd. | Chemicals | Equity | 0.81% |
Central Depository Services (India) Ltd. | Financial | Equity | 0.79% |
Power Finance Corporation Ltd. | Financial | Equity | 0.75% |
Graphite India Ltd. | Capital Goods | Equity | 0.72% |
Advanced Enzyme Technologies Ltd. | Chemicals | Equity | 0.68% |
Ambuja Cements Ltd. | Construction | Equity | 0.62% |
Linde India Ltd. | Chemicals | Equity | 0.54% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.47% |
Amara Raja Energy & Mobility Ltd | Capital Goods | Equity | 0.45% |
Ircon International Ltd. | Construction | Equity | 0.43% |
Union Bank of India | Financial | CD | 0.34% |
HDFC Bank Ltd. | Financial | CD | 0.33% |
Axis Bank Ltd. | Financial | CD | 0.26% |
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
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher alpha: 3.58
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
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
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