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Fund Overview

Fund Size

Fund Size

₹66 Cr

Expense Ratio

Expense Ratio

-

ISIN

ISIN

INF761K01DU9

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

26 Feb 2018

About this fund

Bank of India Midcap Tax Fund Series 1 Regular Growth is a ELSS (Tax Savings) mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 6 years, 3 months and 1 days, having been launched on 26-Feb-18
  • Bank of India Midcap Tax Fund Series 1 Regular Growth has given a CAGR return of 16.54% since inception.
  • The fund's asset allocation comprises around 97.04% in equities, 0.00% in debts, and 2.96% in cash & cash equivalents.
  • You can start investing in Bank of India Midcap Tax Fund Series 1 Regular Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+50.93%

(Cat Avg.)

3 Years

+22.36%

(Cat Avg.)

5 Years

+24.81%

(Cat Avg.)

Since Inception

+16.54%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity63.91 Cr97.04%
Others1.95 Cr2.96%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
UNO Minda LtdEquity3.19 Cr4.85%
Astral LtdEquity2.97 Cr4.52%
J.B. Chemicals & Pharmaceuticals LtdEquity2.67 Cr4.05%
HDFC Bank LtdEquity2.13 Cr3.23%
Steel Authority Of India LtdEquity1.97 Cr2.99%
Indus Towers Ltd Ordinary SharesEquity1.97 Cr2.99%
Sundaram Finance LtdEquity1.87 Cr2.84%
Bharat Heavy Electricals LtdEquity1.83 Cr2.78%
TrepsCash - Repurchase Agreement1.82 Cr2.76%
PB Fintech LtdEquity1.81 Cr2.75%
Canara BankEquity1.72 Cr2.62%
Deepak Nitrite LtdEquity1.71 Cr2.60%
Indian BankEquity1.67 Cr2.53%
Lupin LtdEquity1.65 Cr2.50%
Trent LtdEquity1.63 Cr2.48%
Dixon Technologies (India) LtdEquity1.58 Cr2.41%
Coforge LtdEquity1.51 Cr2.29%
Hero MotoCorp LtdEquity1.5 Cr2.28%
TVS Motor Co LtdEquity1.47 Cr2.23%
Info Edge (India) LtdEquity1.42 Cr2.15%
Abbott India LtdEquity1.41 Cr2.14%
Varun Beverages LtdEquity1.38 Cr2.10%
Linde India LtdEquity1.37 Cr2.08%
Vodafone Idea LtdEquity1.28 Cr1.94%
Endurance Technologies LtdEquity1.27 Cr1.92%
REC LtdEquity1.24 Cr1.89%
CG Power & Industrial Solutions LtdEquity1.21 Cr1.83%
The Federal Bank LtdEquity1.16 Cr1.76%
Reliance Industries LtdEquity1.14 Cr1.74%
Star Health and Allied Insurance Co LtdEquity1.14 Cr1.74%
PI Industries LtdEquity1.1 Cr1.66%
Relaxo Footwears LtdEquity1.08 Cr1.65%
Union Bank of IndiaEquity1.06 Cr1.62%
AU Small Finance Bank LtdEquity1.05 Cr1.59%
Tube Investments of India Ltd Ordinary SharesEquity0.99 Cr1.51%
Bank of BarodaEquity0.95 Cr1.45%
AIA Engineering LtdEquity0.92 Cr1.39%
Cholamandalam Investment and Finance Co LtdEquity0.9 Cr1.36%
GlaxoSmithKline Pharmaceuticals LtdEquity0.88 Cr1.33%
IDFC First Bank LtdEquity0.83 Cr1.26%
Triveni Turbine LtdEquity0.81 Cr1.22%
Navin Fluorine International LtdEquity0.79 Cr1.20%
Kajaria Ceramics LtdEquity0.76 Cr1.15%
Oberoi Realty LtdEquity0.74 Cr1.13%
Colgate-Palmolive (India) LtdEquity0.71 Cr1.07%
Ramco Cements LtdEquity0.7 Cr1.06%
Indian Hotels Co LtdEquity0.63 Cr0.96%
FSN E-Commerce Ventures LtdEquity0.14 Cr0.22%
Net Receivables / (Payables)Cash0.13 Cr0.20%

Allocation By Market Cap (Equity)

Large Cap Stocks

22.65%

Mid Cap Stocks

69.12%

Small Cap Stocks

5.28%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services17.53 Cr26.61%
Consumer Cyclical10.92 Cr16.59%
Industrials9.48 Cr14.40%
Basic Materials7.64 Cr11.61%
Healthcare6.6 Cr10.02%
Communication Services4.66 Cr7.08%
Technology3.09 Cr4.69%
Consumer Defensive2.09 Cr3.17%
Energy1.14 Cr1.74%
Real Estate0.74 Cr1.13%

Risk & Performance Ratios

Standard Deviation

This fund

15.11%

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

1.09

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

AM

Aakash Manghani

Since July 2019

Dhruv Bhatia

Dhruv Bhatia

Since July 2019

Additional Scheme Detailsas of 30th April 2024

ISININF761K01DU9Expense Ratio-Exit LoadNo ChargesFund Size₹66 CrAge26 Feb 2018Lumpsum Minimum₹500Fund StatusUnlisted Closed End Investment CompanyBenchmarkS&P BSE 500 India TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4196.77 Cr36.6%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4196.77 Cr35.1%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹35641.94 Cr30.5%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹3360.61 Cr33.0%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.7%0.0%₹3360.61 Cr31.6%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹49.62 Cr45.4%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹49.62 Cr43.1%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹325.14 Cr60.6%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹325.14 Cr57.7%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1602.76 Cr28.3%

About the AMC

Total AUM

₹6,856 Cr

Address

B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013

Other Funds by BOI Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bank of India Midcap Tax Fund Series 1 Direct Growth

Very High Risk

-0.0%₹65.86 Cr50.1%
Bank of India Midcap Tax Fund Series 2 Direct Growth

Very High Risk

-0.0%₹34.78 Cr51.0%
Bank of India Mid & Small Cap Equity & Debt Direct Growth

Very High Risk

1.2%1.0%₹724.24 Cr52.2%
Bank of India Conservative Hybrid Fund Direct Growth

Moderately High risk

1.4%1.0%₹71.70 Cr14.8%
Bank of India Balanced Advantage Fund Direct Growth

Very High Risk

1.4%1.0%₹125.97 Cr28.1%
Bank of India Multi Cap Fund Direct Growth

Very High Risk

1.4%1.0%₹498.08 Cr53.4%
Bank of India Bluechip Fund Direct Growth

Very High Risk

1.3%1.0%₹141.70 Cr48.4%
Bank of India Flexi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹879.32 Cr70.6%
Bank of India Large & Mid Cap Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹310.46 Cr47.2%
Bank of India Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹1388.42 Cr7.4%
Bank of India S/T Income Direct Growth

Moderate Risk

0.5%0.0%₹77.45 Cr6.5%
Bank of India Manufacturing and Infrastructure fund Direct Growth

Very High Risk

0.9%1.0%₹293.80 Cr67.1%
Bank of India Tax Advantage Fund Direct Growth

Very High Risk

1.0%0.0%₹1297.72 Cr60.5%
Bank of India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.7%0.0%₹244.41 Cr6.7%
Bank of India Credit Risk Fund Direct Growth

Moderately High risk

1.2%4.0%₹129.23 Cr6.9%
Bank of India Small Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1052.37 Cr51.8%
Bank of India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹78.78 Cr6.9%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹28.97 Cr7.4%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Bank of India Midcap Tax Fund Series 1 Regular Growth, as of 24-May-2024, is ₹25.96.
The fund has generated 50.93% over the last 1 year and 22.36% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 97.04% in equities, 0.00% in bonds, and 2.96% in cash and cash equivalents.
The fund managers responsible for Bank of India Midcap Tax Fund Series 1 Regular Growth are:-
  1. Aakash Manghani
  2. Dhruv Bhatia