How to Invest in Bank of India Tax Advantage Regular IDCW?

You can easily invest in Bank of India Tax Advantage Regular IDCW 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 Tax Advantage Regular IDCW 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 Tax Advantage Regular IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Bank of India Tax Advantage Regular IDCW provide?

The Bank of India Tax Advantage Regular IDCW has been there from 25 Feb 2009 and the average annual returns provided by this fund is -0.34% since its inception.

How much expense ratio is charged by Bank of India Tax Advantage Regular IDCW?

The term Expense Ratio used for Bank of India Tax Advantage Regular IDCW 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 Tax Advantage Regular IDCW is 2.53% as of 02 Apr 2023...

What is the AUM of Bank of India Tax Advantage Regular IDCW?

The AUM, short for Assets Under Management of Bank of India Tax Advantage Regular IDCW is ₹676.90Cr as of 02 Apr 2023.

How to Redeem Bank of India Tax Advantage Regular IDCW?

If you want to sell your Bank of India Tax Advantage Regular IDCW 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 Tax Advantage Regular IDCW?

You can select either SIP or Lumpsum investment of Bank of India Tax Advantage Regular IDCW based on your investment objective and risk tolerance.

What is the NAV of Bank of India Tax Advantage Regular IDCW?

The NAV of Bank of India Tax Advantage Regular IDCW is ₹18.69 as of 31 Mar 2023.

What is the PE and PB ratio of Bank of India Tax Advantage Regular IDCW?

The PE ratio ratio of Bank of India Tax Advantage Regular IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Bank of India Tax Advantage Regular IDCW - NAV, Mutual Fund Performance & Portfolio

Bank of India Tax Advantage Regular IDCW
Equity
ELSS
Very High Risk
Payout
3Y Lock In
29.20%
3Y annualised
+1.33% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 31 Mar 2023₹18.69
Min. SIP amountNot Supported
Rating4
Fund size₹676.90Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-0.3%29.2%12.2%17.5%
Category average-0.0%27.1%10.4%NA
Rank with in category18108NA
Understand terms
Holdings (55)NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity6.7%
HDFC Bank Ltd.FinancialEquity6.3%
State Bank of IndiaFinancialEquity6.0%
Canara BankFinancialEquity3.7%
NTPC Ltd.EnergyEquity3.2%
Reliance Industries Ltd.EnergyEquity3.1%
ITC Ltd.Consumer StaplesEquity2.6%
Axis Bank Ltd.FinancialEquity2.5%
Ultratech Cement Ltd.ConstructionEquity2.5%
Siemens Ltd.Capital GoodsEquity2.2%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
28 Feb 2023 - Present
2.53%
31 Jan 2023 - 28 Feb 2023
2.48%
31 Dec 2022 - 31 Jan 2023
2.47%
31 Dec 2022 - 31 Dec 2022
2.47%
30 Nov 2022 - 31 Dec 2022
2.47%
30 Nov 2022 - 30 Nov 2022
2.47%
30 Nov 2022 - 30 Nov 2022
2.47%
31 Oct 2022 - 30 Nov 2022
2.49%
31 Oct 2022 - 31 Oct 2022
2.49%
31 Oct 2022 - 31 Oct 2022
2.49%
31 Oct 2022 - 31 Oct 2022
2.49%
30 Sep 2022 - 31 Oct 2022
2.50%
30 Sep 2022 - 30 Sep 2022
2.50%
30 Sep 2022 - 30 Sep 2022
2.50%
31 Aug 2022 - 30 Sep 2022
2.50%
31 Aug 2022 - 31 Aug 2022
2.50%
31 Jul 2022 - 31 Aug 2022
2.52%
31 Jul 2022 - 31 Jul 2022
2.52%
31 Jul 2022 - 31 Jul 2022
2.52%
30 Jun 2022 - 31 Jul 2022
2.50%
30 Jun 2022 - 30 Jun 2022
2.50%
31 May 2022 - 30 Jun 2022
2.50%
31 May 2022 - 31 May 2022
2.50%
30 Apr 2022 - 31 May 2022
2.52%
30 Apr 2022 - 30 Apr 2022
2.52%
31 Mar 2022 - 30 Apr 2022
2.45%
31 Mar 2022 - 31 Mar 2022
2.45%
28 Feb 2022 - 31 Mar 2022
2.48%
28 Feb 2022 - 28 Feb 2022
2.48%
31 Jan 2022 - 28 Feb 2022
2.55%
31 Dec 2021 - 31 Jan 2022
2.58%
30 Nov 2021 - 31 Dec 2021
2.57%
31 Oct 2021 - 30 Nov 2021
2.54%
30 Sep 2021 - 31 Oct 2021
2.54%
31 Aug 2021 - 30 Sep 2021
2.54%
31 Jul 2021 - 31 Aug 2021
2.55%
30 Jun 2021 - 31 Jul 2021
2.55%
31 May 2021 - 30 Jun 2021
2.54%
30 Apr 2021 - 31 May 2021
2.59%
31 Mar 2021 - 30 Apr 2021
2.34%
28 Feb 2021 - 31 Mar 2021
2.59%
31 Jan 2021 - 28 Feb 2021
2.58%
31 Dec 2020 - 31 Jan 2021
2.58%
30 Nov 2020 - 31 Dec 2020
2.58%
31 Oct 2020 - 30 Nov 2020
2.57%
30 Sep 2020 - 31 Oct 2020
2.32%
31 Aug 2020 - 30 Sep 2020
2.57%
31 Jul 2020 - 31 Aug 2020
2.57%
30 Jun 2020 - 31 Jul 2020
2.56%
31 May 2020 - 30 Jun 2020
2.55%
30 Apr 2020 - 31 May 2020
2.55%
31 Mar 2020 - 30 Apr 2020
2.66%
29 Feb 2020 - 31 Mar 2020
2.66%
31 Jan 2020 - 29 Feb 2020
2.66%
31 Dec 2019 - 31 Jan 2020
2.65%
30 Nov 2019 - 31 Dec 2019
2.64%
31 Oct 2019 - 30 Nov 2019
2.64%
30 Sep 2019 - 31 Oct 2019
2.65%
31 Aug 2019 - 30 Sep 2019
2.65%
31 Jul 2019 - 31 Aug 2019
2.67%
30 Jun 2019 - 31 Jul 2019
2.68%
31 May 2019 - 30 Jun 2019
2.68%
30 Apr 2019 - 31 May 2019
2.71%
31 Mar 2019 - 30 Apr 2019
2.97%
28 Feb 2019 - 31 Mar 2019
2.99%
31 Jan 2019 - 28 Feb 2019
2.99%
31 Dec 2018 - 31 Jan 2019
2.87%
30 Nov 2018 - 31 Dec 2018
2.87%
31 Oct 2018 - 30 Nov 2018
2.87%
30 Sep 2018 - 31 Oct 2018
3.11%
31 Aug 2018 - 30 Sep 2018
3.09%
31 Jul 2018 - 31 Aug 2018
3.09%
30 Jun 2018 - 31 Jul 2018
2.67%
31 May 2018 - 30 Jun 2018
2.67%
30 Apr 2018 - 31 May 2018
2.53%
31 Mar 2018 - 30 Apr 2018
2.72%
28 Feb 2018 - 31 Mar 2018
2.76%
31 Jan 2018 - 28 Feb 2018
2.93%
31 Dec 2017 - 31 Jan 2018
2.95%
30 Nov 2017 - 31 Dec 2017
2.96%
31 Oct 2017 - 30 Nov 2017
2.98%
Expense ratio, exit load and taxExpense ratio: 2.53%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementAlok 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
Bank of India Liquid Fund Regular Growth
Bank of India Liquid Fund Regular IDCW Weekly
Bank of India Ultra Short Duration Fund Regular IDCW Weekly
Bank of India Ultra Short Duration Fund Regular Growth
Bank of India Large & Mid Cap Equity Fund Regular IDCW Quarterly
Bank of India Large & Mid Cap Equity Fund Eco Growth
Bank of India Large & Mid Cap Equity Fund Eco Bonus
Bank of India Large & Mid Cap Equity Fund Regular Growth
Bank of India Large & Mid Cap Equity Fund Eco IDCW Quarterly
Bank of India Large & Mid Cap Equity Fund Regular Bonus
Bank of India Large & Mid Cap Equity Fund Regular IDCW
Bank of India Large & Mid Cap Equity Fund Eco IDCW
Bank of India Short Term Income Fund Regular Growth
Bank of India Short Term Income Fund Regular IDCW Monthly
Bank of India Short Term Income Fund Regular IDCW Quarterly
Bank of India Tax Advantage Regular IDCW
Bank of India Tax Advantage Eco Growth
Bank of India Tax Advantage Regular Growth
Bank of India Tax Advantage Eco IDCW
Bank of India Conservative Hybrid Fund Regular Growth
Bank of India Conservative Hybrid Fund Regular IDCW Quarterly
Bank of India Conservative Hybrid Fund Regular IDCW Yearly
Bank of India Conservative Hybrid Fund Regular IDCW Monthly
Bank of India Conservative Hybrid Fund Eco IDCW Monthly
Bank of India Conservative Hybrid Fund Eco IDCW Quarterly
Bank of India Ultra Short Duration Fund Regular IDCW Daily
Bank of India Liquid Fund Regular IDCW Daily
Bank of India Manufacturing & Infrastructure Fund Growth
Bank of India Manufacturing & Infrastructure Fund IDCW Quarterly
Bank of India Manufacturing & Infrastructure Fund IDCW
Bank of India Large & Mid Cap Equity Fund Direct Bonus
Bank of India Large & Mid Cap Equity Fund Direct IDCW
Bank of India Large & Mid Cap Equity Fund Direct IDCW Quarterly
Bank of India Large & Mid Cap Equity Fund Direct Growth
Bank of India Tax Advantage Direct Growth
Bank of India Tax Advantage Direct IDCW
Bank of India Manufacturing & Infrastructure Direct IDCW
Bank of India Manufacturing & Infrastructure Direct Growth
Bank of India Manufacturing & Infrastructure Direct IDCW Quarterly
Bank of India Liquid Fund Direct IDCW Daily
Bank of India Liquid Fund Direct Growth
Bank of India Liquid Fund Direct IDCW Weekly
Bank of India Ultra Short Duration Fund Direct Growth
Bank of India Ultra Short Duration Fund Direct IDCW Daily
Bank of India Ultra Short Duration Fund Direct IDCW Weekly
Bank of India Short Term Income Fund Direct Growth
Bank of India Short Term Income Fund Direct IDCW Monthly
Bank of India Short Term Income Fund Direct IDCW Quarterly
Bank of India Conservative Hybrid Fund Direct Growth
Bank of India Conservative Hybrid Fund Direct IDCW Monthly
Bank of India Conservative Hybrid Fund Direct IDCW Quarterly
Bank of India Conservative Hybrid Fund Direct IDCW Yearly
Bank of India Liquid Fund Direct Bonus
Bank of India Liquid Fund Regular Bonus
Bank of India Conservative Hybrid Fund Direct Bonus
Bank of India Conservative Hybrid Fund Regular Bonus
Bank of India Short Term Income Fund Direct Bonus
Bank of India Short Term Income Fund Regular Bonus
Bank of India Ultra Short Duration Fund Direct Bonus
Bank of India Ultra Short Duration Fund Regular Bonus
Bank of India Balanced Advantage Fund Regular Growth
Bank of India Balanced Advantage Fund Direct Growth
Bank of IndiaOI AXA Balanced Advantage Fund Regular IDCW
Bank of India Balanced Advantage Fund Direct IDCW
Bank of India Credit Risk Fund Regular Growth
Bank of India Credit Risk Fund Direct Growth
BOI AXA Capital Protection Oriented Series 5 Regular IDCW
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Bank of India Mid & Small Cap Equity & Debt Fund Regular IDCW
Bank of India Mid & Small Cap Equity & Debt Fund Regular Growth
Bank of India Mid & Small Cap Equity & Debt Fund Direct IDCW
Bank of India Liquid Unclaimed Unclaimed IDCW Above 3 yrs
Bank of India Liquid Unclaimed Unclaimed Redemption Above 3 yrs
Bank of India Liquid Unclaimed Unclaimed IDCW Upto 3 yrs
Bank of India Liquid Unclaimed Unclaimed Redemption Upto 3 yrs
Bank of India Arbitrage Fund Direct IDCW Yearly
Bank of India Arbitrage Fund Direct Growth
Bank of India Arbitrage Fund Direct IDCW Monthly
Bank of India Arbitrage Fund Direct IDCW Quarterly
Bank of India Arbitrage Fund Regular IDCW Yearly
Bank of India Arbitrage Fund Regular IDCW Monthly
Bank of India Arbitrage Fund Regular IDCW Quarterly
Bank of India Arbitrage Fund Regular Growth
Bank of India Overnight Fund Regular Growth
Bank of India Overnight Fund Regular IDCW Weekly
Bank of India Overnight Fund Direct IDCW Monthly
Bank of India Overnight Fund Regular IDCW Monthly
Bank of India Overnight Fund Direct IDCW Weekly
Bank of India Overnight Fund Direct Growth
Bank of India Overnight Fund Direct IDCW Daily
Bank of India Overnight Fund Regular IDCW Daily
Bank of India Flexi Cap Fund Direct Growth
Bank of India Flexi Cap Fund Regular Growth
Bank of India Flexi Cap Fund Direct IDCW
Bank of India Flexi Cap Fund Regular IDCW
Bank of India Bluechip Fund Direct Growth
Bank of India Bluechip Fund Direct IDCW
Bank of India Bluechip Fund Regular Growth
Bank of India Bluechip Fund Regular IDCW
Fund house & investment objective
BOI AXA Mutual Fund
Rank (total assets)#31 in India
Total AUM₹2,797.53Cr
Date of Incorporation31 Mar 2008
 Bank of India Tax Advantage Regular IDCW is a Equity Mutual Fund Scheme launched by Bank of India Mutual fund. This scheme was made available to investors on 31 Mar 2008. Saurabh Kataria is the Current Fund Manager of Bank of India Tax Advantage Regular IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,798 Cr and the Latest NAV as of 31 Mar 2023 is ₹18.69.
The Bank of India Tax Advantage Regular IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500.
;
Investment ObjectiveThe scheme seeks to build a diversified portfolio of stocks of companies having sustainable business models, without any bias of market capitalisation and sector. The scheme will follow top-down approach of equity selection.
;
Fund benchmarkS&P BSE 500 Total Return Index
Scheme Information Document(SID)
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]
Website
NA
BOI AXA 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.com
Compare funds
Bank of India Tax Advantage Regular IDCW
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	-0.3%	29.2%	12.2%	17.5%
Category average	-0.0%	27.1%	10.4%	NA
Rank with in category	18	10	8	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	6.7%
HDFC Bank Ltd.	Financial	Equity	6.3%
State Bank of India	Financial	Equity	6.0%
Canara Bank	Financial	Equity	3.7%
NTPC Ltd.	Energy	Equity	3.2%
Reliance Industries Ltd.	Energy	Equity	3.1%
ITC Ltd.	Consumer Staples	Equity	2.6%
Axis Bank Ltd.	Financial	Equity	2.5%
Ultratech Cement Ltd.	Construction	Equity	2.5%
Siemens Ltd.	Capital Goods	Equity	2.2%

Rank (total assets)	#31 in India
Total AUM	₹2,797.53Cr

Date of Incorporation	31 Mar 2008

Fund benchmark	S&P BSE 500 Total Return Index

Vaishnavi Tech Park, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Contact Us
PRODUCTS
StocksFutures & OptionsMutual FundsUS Stocks
GROWW
About UsPricingBlogMedia & PressCareersHelp and Support
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww DigestGroww AcademySitemap
ⓒ 2016-2023 Groww. All rights reserved, Built with ♥in India

Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	4
Fund size	₹676.90Cr

Bank of India Tax Advantage Regular IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (55)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 2.53%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Alok SinghApr 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Alok Singh
Apr 2022 - Present
View details