Mutual Fund Details

Bank of India Midcap Tax Fund Series 1 Direct-IDCW

Tax Saver ELSS

NAV

₹24.9100

as on 18 Apr 2024, 11:47 PM

₹-0.0800(0.32%)

Last Change

Schemes Managed By

Dhruv Bhatia

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,80,913

₹1,81,825

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹81,825

Profit (absolute return)

81.83%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

6.45%

In the last 6 months

22.23%

In the last 1 year

46.70%

In the last 3 years

81.83%

In the last 5 years

183.39%

In the last 10 years

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at very high risk

Scheme Information

Bank of India Midcap Tax Fund Series 1 Direct-IDCW

as of 31 Mar 2024, 05:30 AM

₹63.64 Cr

Scheme Asset Size

Fund Type

Closed-End

Exit Load

No charges on withdrawal

1.18%

Expense Ratio

Plan

Dividend

3.28%

Cash Holding

Benchmark

S&P BSE 500 Total Return Index

Scheme Document

View

Benchmark

S&P BSE 500 Total Return Index

Exit Load

No charges on withdrawal

Scheme Document

View

Sectors Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Sector

Financial

22.74%

₹14.47 Cr

Automobile

12.92%

₹8.22 Cr

Services

9.81%

₹6.24 Cr

Healthcare

9.73%

₹6.19 Cr

Materials

7.57%

₹4.82 Cr

Others

37.23%

₹23.69 Cr

View All

Sectors Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Sector

Financial

22.74%

₹14.47 Cr

Automobile

12.92%

₹8.22 Cr

Services

9.81%

₹6.24 Cr

Healthcare

9.73%

₹6.19 Cr

Materials

7.57%

₹4.82 Cr

Others

37.23%

₹23.69 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Company

UNO Minda Ltd.

4.66%

₹2.97 Cr

Astral Ltd.

4.39%

₹2.79 Cr

JB Chemicals & Pharmaceuticals Ltd.

3.63%

₹2.31 Cr

HDFC Bank Ltd.

3.19%

₹2.03 Cr

Sundaram Finance Ltd.

2.80%

₹1.78 Cr

Others

81.33%

₹51.76 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Company

UNO Minda Ltd.

4.66%

₹2.97 Cr

Astral Ltd.

4.39%

₹2.79 Cr

JB Chemicals & Pharmaceuticals Ltd.

3.63%

₹2.31 Cr

HDFC Bank Ltd.

3.19%

₹2.03 Cr

Sundaram Finance Ltd.

2.80%

₹1.78 Cr

Others

81.33%

₹51.76 Cr

View All

Funds in this Category

This fund's returns:

21.99%

Return Duration

3 Years

Quant ELSS Tax Saver Fund Direct-Growth

SBI Long Term Equity Fund Direct Plan-Growth

HDFC ELSS Tax Saver Direct Plan-Growth

About Bank of India Midcap Tax Fund Series 1 Direct-IDCW

Bank of India Midcap Tax Fund Series 1 Direct-IDCW is a Tax Saver mutual fund scheme from Bank of India Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund manager Dhruv Bhatia. It has an AUM of ₹63.64 Crores and the latest NAV decalared is ₹24.910 as on 19 Apr 2024 at 5:19 pm.

Bank of India Midcap Tax Fund Series 1 Direct-IDCW scheme return performance in last 1 year is 46.70%, in last 3 years is 81.83% and 149.10% since scheme launch.

Scheme Details

AUM:	₹63.64 Cr
Category:	Equity: ELSS
Launch Date:	Invalid date
Fund Type:	Closed-End

About Fund Category

Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.