Mutual Fund Details

Bank of India Tax Advantage Direct-IDCW Payout

Name: Bank of India Tax Advantage Direct-IDCW Payout
Brand: Bank of India Mutual Fund

Tax Saver ELSS

NAV

₹47.1500

as on 08 Dec 2022, 11:00 PM

₹0.3000(0.64%)

Last Change

Scheme Ratings

rated by Value Research

ELSS

Rankings based on | as on Invalid date

Schemes Managed By

Alok Singh

Fund Manager

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,91,008

₹1,97,358

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹97,358

Profit (absolute return)

97.36%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

3.70%

In the last 6 months

17.49%

In the last 1 year

5.38%

In the last 3 years

97.36%

In the last 5 years

101.15%

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 Tax Advantage Direct-IDCW Payout

as of 31 Oct 2022, 05:30 AM

₹676.48 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

1.29%

Expense Ratio

Plan

Dividend

-0.02%

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 Oct 2022

Sort By

Value

Sector

Financial

33.18%

₹224.46 Cr

Automobile

9.56%

₹64.67 Cr

Capital Goods

7.95%

₹53.78 Cr

Consumer Staples

7.84%

₹53.04 Cr

Services

6.84%

₹46.27 Cr

Others

34.63%

₹234.26 Cr

View All

Sectors Holding in this Mutual Fund

as on 31 Oct 2022

Sort By

Value

Sector

Financial

33.18%

₹224.46 Cr

Automobile

9.56%

₹64.67 Cr

Capital Goods

7.95%

₹53.78 Cr

Consumer Staples

7.84%

₹53.04 Cr

Services

6.84%

₹46.27 Cr

Others

34.63%

₹234.26 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Oct 2022

Sort By

Value

Company

ICICI Bank Ltd.

7.11%

₹48.10 Cr

State Bank of India

6.70%

₹45.32 Cr

HDFC Bank Ltd.

4.98%

₹33.69 Cr

Canara Bank

3.73%

₹25.23 Cr

Reliance Industries Ltd.

3.43%

₹23.20 Cr

Others

74.05%

₹500.93 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Oct 2022

Sort By

Value

Company

ICICI Bank Ltd.

7.11%

₹48.10 Cr

State Bank of India

6.70%

₹45.32 Cr

HDFC Bank Ltd.

4.98%

₹33.69 Cr

Canara Bank

3.73%

₹25.23 Cr

Reliance Industries Ltd.

3.43%

₹23.20 Cr

Others

74.05%

₹500.93 Cr

View All

Funds in this Category

This fund's returns:

25.38%

Return Duration

3 Years

Quant Tax Plan Direct-Growth

Bank of India Midcap Tax Fund Series 1 Direct - Growth

Parag Parikh Tax Saver Fund Direct - Growth

About Bank of India Tax Advantage Direct-IDCW Payout

Bank of India Tax Advantage Direct-IDCW Payout 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 Alok Singh. It has an AUM of ₹676.48 Crores and the latest NAV decalared is ₹47.150 as on 09 Dec 2022 at 12:46 am.

Bank of India Tax Advantage Direct-IDCW Payout scheme return performance in last 1 year is 5.38%, in last 3 years is 97.36% and 392.20% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

Scheme Details

AUM:	₹676.48 Cr
Category:	Equity: ELSS
Launch Date:	Invalid date
Fund Type:	Open-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.