Bank of India Midcap Tax Fund Series 2 Direct Growth

Fund Overview

Fund Size

₹32 Cr

Expense Ratio

ISIN

INF761K01EL6

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

19 Oct 2018

About this fund

Bank of India Midcap Tax Fund Series 2 Direct Growth is a Equity - Other mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 7 years, 4 months and 8 days, having been launched on 19-Oct-18

Bank of India Midcap Tax Fund Series 2 Direct Growth has given a CAGR return of 17.58% since inception.
The fund's asset allocation comprises around 98.83% in equities, 0.16% in debts, and 1.02% in cash & cash equivalents.
You can start investing in Bank of India Midcap Tax Fund Series 2 Direct 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

+16.66%

— (Cat Avg.)

3 Years

+18.68%

— (Cat Avg.)

5 Years

+15.63%

— (Cat Avg.)

Since Inception

+17.58%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2026

Equity	₹32.11 Cr	98.83%
Debt	₹0.05 Cr	0.16%
Others	₹0.33 Cr	1.02%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Coforge Ltd	Equity	₹1.57 Cr	5.13%
Bank of Maharashtra	Equity	₹1.54 Cr	5.04%
UNO Minda Ltd	Equity	₹1.49 Cr	4.87%
HDFC Bank Ltd	Equity	₹1.37 Cr	4.48%
Lloyds Metals & Energy Ltd	Equity	₹1.16 Cr	3.79%
Indian Bank	Equity	₹1.1 Cr	3.61%
PB Fintech Ltd	Equity	₹1.08 Cr	3.53%
Oberoi Realty Ltd	Equity	₹0.95 Cr	3.11%
The Federal Bank Ltd	Equity	₹0.92 Cr	3.01%
Jindal Stainless Ltd	Equity	₹0.9 Cr	2.96%
Aurobindo Pharma Ltd	Equity	₹0.86 Cr	2.82%
ICICI Lombard General Insurance Co Ltd	Equity	₹0.83 Cr	2.73%
Abbott India Ltd	Equity	₹0.77 Cr	2.52%
Endurance Technologies Ltd	Equity	₹0.77 Cr	2.52%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹0.74 Cr	2.41%
Vedanta Ltd	Equity	₹0.68 Cr	2.21%
Lupin Ltd	Equity	₹0.66 Cr	2.17%
Bharat Dynamics Ltd Ordinary Shares	Equity	₹0.66 Cr	2.16%
Steel Authority Of India Ltd	Equity	₹0.64 Cr	2.10%
NTPC Green Energy Ltd	Equity	₹0.64 Cr	2.08%
Quality Power Electrical Equipments Ltd	Equity	₹0.62 Cr	2.02%
Housing & Urban Development Corp Ltd	Equity	₹0.61 Cr	2.00%
Cholamandalam Financial Holdings Ltd	Equity	₹0.6 Cr	1.95%
Bharti Hexacom Ltd	Equity	₹0.59 Cr	1.93%
Schaeffler India Ltd	Equity	₹0.59 Cr	1.91%
Reliance Industries Ltd	Equity	₹0.57 Cr	1.87%
FSN E-Commerce Ventures Ltd	Equity	₹0.57 Cr	1.86%
Dixon Technologies (India) Ltd	Equity	₹0.55 Cr	1.80%
Astral Ltd	Equity	₹0.44 Cr	1.45%
Bansal Wire Industries Ltd	Equity	₹0.44 Cr	1.45%
KPIT Technologies Ltd	Equity	₹0.43 Cr	1.40%
Navin Fluorine International Ltd	Equity	₹0.43 Cr	1.39%
Hero MotoCorp Ltd	Equity	₹0.42 Cr	1.37%
Zaggle Prepaid Ocean Services Ltd	Equity	₹0.41 Cr	1.34%
Hitachi Energy India Ltd Ordinary Shares	Equity	₹0.38 Cr	1.23%
Samvardhana Motherson International Ltd	Equity	₹0.37 Cr	1.20%
HDFC Asset Management Co Ltd	Equity	₹0.31 Cr	1.02%
Net Receivables / (Payables)	Cash	₹0.31 Cr	1.02%
Glenmark Pharmaceuticals Ltd	Equity	₹0.3 Cr	0.99%
VIkran Engineering Ltd	Equity	₹0.3 Cr	0.98%
HEG Ltd	Equity	₹0.29 Cr	0.94%
Unicommerce eSolutions Ltd	Equity	₹0.28 Cr	0.90%
Apollo Hospitals Enterprise Ltd	Equity	₹0.26 Cr	0.86%
Tinna Rubber & Infrastructure Ltd	Equity	₹0.25 Cr	0.81%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹0.23 Cr	0.76%
ICICI Bank Ltd	Equity	₹0.2 Cr	0.65%
Ganesha Ecosphere Ltd	Equity	₹0.16 Cr	0.51%
Xpro India Ltd	Equity	₹0.15 Cr	0.48%
Shakti Pumps (India) Ltd	Equity	₹0.12 Cr	0.40%
07/01/2027 Maturing 364 DTB	Bond - Gov't/Treasury	₹0.05 Cr	0.16%
Cholamandalam Investment and Finance Co Ltd	Equity	₹0.04 Cr	0.12%
Triveni Turbine Ltd	Equity	₹0 Cr	0.01%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹9.35 Cr	30.54%
Basic Materials	₹4.65 Cr	15.18%
Consumer Cyclical	₹4.36 Cr	14.25%
Technology	₹3.23 Cr	10.56%
Healthcare	₹3.1 Cr	10.12%
Industrials	₹2.81 Cr	9.20%
Real Estate	₹0.95 Cr	3.11%
Utilities	₹0.64 Cr	2.08%
Communication Services	₹0.59 Cr	1.93%
Energy	₹0.57 Cr	1.87%

Risk & Performance Ratios

Fund Managers

Nilesh Jethani

Since October 2024

Additional Scheme Detailsas of 31st January 2026

ISIN

INF761K01EL6

Expense Ratio

Exit Load

No Charges

Fund Size

₹32 Cr

Age

7 years 4 months

Lumpsum Minimum

₹500

Fund Status

Unlisted Closed End Investment Company

Benchmark

BSE 500 India TR INR

Investment 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

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
SBI Nifty Midcap 150 Momentum 50 ETF Very High Risk	-	-	-	-
ITI Business Cycle Fund Regular Growth Very High Risk	-	0.0%	-	-
ITI Business Cycle Fund Direct Growth Very High Risk	-	0.0%	-	-
DynaSIF Equity Long - Short Fund Regular Growth High Risk	-	0.0%	-	-
DynaSIF Equity Long - Short Fund Direct Growth High Risk	-	0.0%	-	-
Mirae Asset BSE India Defence ETF Very High Risk	-	-	-	-
Kotak Services Fund Regular Growth Very High Risk	-	0.0%	-	-
Kotak Services Fund Direct Growth Very High Risk	-	0.0%	-	-
SBI Quality Fund Direct Growth Very High Risk	-	1.0%	-	-
Mirae Asset BSE India Defence ETF FOF Direct Growth Very High Risk	-	0.0%	-	-
Mirae Asset BSE India Defence ETF FOF Regular Growth Very High Risk	-	0.0%	-	-
SBI Quality Fund Regular Growth Very High Risk	-	1.0%	-	-
Motilal Oswal Nifty MNC ETF Very High Risk	0.5%	-	-	-
JioBlackRock Sector Rotation Fund Direct Growth Very High Risk	-	0.0%	-	-
Groww Nifty PSE ETF FOF Regular Growth Very High Risk	-	0.0%	-	-
Groww Nifty PSE ETF FOF Direct Growth Very High Risk	-	0.0%	-	-
Groww Nifty PSE ETF Very High Risk	-	-	-	-
iSIF Equity Ex-Top 100 Long-Short Fund Direct Growth Very High Risk	-	1.0%	-	-
iSIF Equity Ex-Top 100 Long-Short Fund Regular Growth Very High Risk	-	1.0%	-	-
Mahindra Manulife Innovation Opportunities Fund Direct Growth Very High Risk	-	0.0%	₹151.70 Cr	-
Mahindra Manulife Innovation Opportunities Fund Regular Growth Very High Risk	-	0.0%	₹151.70 Cr	-
Groww Nifty Chemicals ETF Very High Risk	0.4%	-	₹7.11 Cr	-
Diviniti Equity Long Short Fund Direct Growth Very High Risk	0.9%	0.0%	₹345.40 Cr	-
Diviniti Equity Long Short Fund Regular Growth Very High Risk	2.4%	0.0%	₹345.40 Cr	-
DSP MSCI INDIA ETF Very High Risk	0.4%	-	₹7.55 Cr	-
Kotak Rural Opportunities Fund Regular Growth Very High Risk	2.3%	0.0%	₹872.36 Cr	-
Kotak Rural Opportunities Fund Direct Growth Very High Risk	0.7%	0.0%	₹872.36 Cr	-
Altiva Hybrid Long-Short Fund Direct Growth Low to Moderate Risk	-	0.0%	₹2093.32 Cr	-
Magnum Hybrid Long Short Fund Regular Growth Low to Moderate Risk	-	0.0%	₹2854.82 Cr	-
Altiva Hybrid Long-Short Fund Regular Growth Low to Moderate Risk	-	0.0%	₹2093.32 Cr	-
Magnum Hybrid Long Short Fund Direct Growth Low to Moderate Risk	-	0.0%	₹2854.82 Cr	-
ICICI Prudential Conglomerate Fund Regular Growth Moderately High risk	2.3%	1.0%	₹857.22 Cr	-
ICICI Prudential Conglomerate Fund Direct Growth Moderately High risk	1.2%	1.0%	₹857.22 Cr	-
qsif Equity Long-Short Fund Direct Growth Very High Risk	-	1.0%	₹561.11 Cr	-
qsif Equity Long-Short Fund Regular Growth Very High Risk	-	1.0%	₹561.11 Cr	-
The Wealth Company Ethical Fund Direct Growth Very High Risk	0.8%	0.0%	₹39.19 Cr	-
The Wealth Company Ethical Fund Regular Growth Very High Risk	2.3%	0.0%	₹39.19 Cr	-
Baroda BNP Paribas Business Conglomerates Fund Direct Growth Very High Risk	0.6%	1.0%	₹731.13 Cr	-
Baroda BNP Paribas Business Conglomerates Fund Regular Growth Very High Risk	2.3%	1.0%	₹731.13 Cr	-
Motilal Oswal Nifty Alpha 50 ETF Very High Risk	0.5%	-	₹5.45 Cr	-
Kotak Active Momentum Fund Direct Growth Very High Risk	0.8%	0.0%	₹1340.30 Cr	-
Kotak Active Momentum Fund Regular Growth Very High Risk	2.1%	0.0%	₹1340.30 Cr	-
Motilal Oswal Special Opportunities Fund Direct Growth Very High Risk	2.5%	1.0%	₹65.50 Cr	-
Motilal Oswal Special Opportunities Fund Regular Growth Very High Risk	2.6%	1.0%	₹65.50 Cr	-
Bandhan Multi-Factor Fund Regular Growth Very High Risk	2.4%	0.0%	₹623.68 Cr	-
Bandhan Multi-Factor Fund Direct Growth Very High Risk	0.7%	0.0%	₹623.68 Cr	-
ICICI Prudential Active Momentum Fund Direct Growth Moderate Risk	1.0%	1.0%	₹1448.27 Cr	-
ICICI Prudential Active Momentum Fund Regular Growth Moderate Risk	2.2%	1.0%	₹1448.27 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1725.11 Cr	-
Axis Services Opportunities Fund Regular Growth Very High Risk	2.1%	1.0%	₹1725.11 Cr	-

About the AMC

BOI Mutual Fund

+91 22 40479000

https://www.boimf.in/

Total AUM

₹13,696 Cr

Address

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

Other Funds by BOI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bank of India Banking and Financial Services Fund Direct Growth Very High Risk	-	1.0%	-	-
Bank of India Mid Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹666.84 Cr	-
Bank of India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹339.40 Cr	7.3%
Bank of India Consumption Fund Direct Growth Very High Risk	1.1%	1.0%	₹377.95 Cr	15.8%
Bank of India Business Cycle Fund Direct Growth Very High Risk	1.0%	1.0%	₹463.92 Cr	10.7%
Bank of India Multi Asset Allocation Fund Direct Growth Very High Risk	0.8%	1.0%	₹340.93 Cr	21.0%
Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk	-	0.0%	₹62.46 Cr	18.7%
Bank of India Midcap Tax Fund Series 2 Direct Growth Very High Risk	-	0.0%	₹32.49 Cr	16.7%
Bank of India Mid & Small Cap Equity & Debt Direct Growth Very High Risk	0.7%	1.0%	₹1329.20 Cr	17.6%
Bank of India Conservative Hybrid Fund Direct Growth Moderate Risk	1.2%	1.0%	₹64.44 Cr	8.3%
Bank of India Balanced Advantage Fund Direct Growth Very High Risk	1.1%	1.0%	₹143.75 Cr	15.1%
Bank of India Multi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹989.01 Cr	21.0%
Bank of India Bluechip Fund Direct Growth Very High Risk	0.9%	1.0%	₹206.75 Cr	23.4%
Bank of India Flexi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹2167.16 Cr	20.3%
Bank of India Large & Mid Cap Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹445.91 Cr	20.4%
Bank of India Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1837.03 Cr	6.4%
Bank of India S/T Income Direct Growth Low to Moderate Risk	0.5%	0.0%	₹293.02 Cr	7.2%
Bank of India Manufacturing and Infrastructure fund Direct Growth Very High Risk	0.6%	1.0%	₹661.33 Cr	27.6%
Bank of India Tax Advantage Fund Direct Growth Very High Risk	0.8%	0.0%	₹1373.70 Cr	17.4%
Bank of India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹174.45 Cr	6.7%
Bank of India Credit Risk Fund Direct Growth Moderately High risk	1.0%	4.0%	₹110.95 Cr	12.1%
Bank of India Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1829.19 Cr	13.2%
Bank of India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹75.59 Cr	5.7%
Bank of India Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹47.24 Cr	6.4%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Bank of India Midcap Tax Fund Series 2 Direct Growth?

The NAV of Bank of India Midcap Tax Fund Series 2 Direct Growth, as of 26-Feb-2026, is ₹32.91.

What are the returns of Bank of India Midcap Tax Fund Series 2 Direct Growth?

The fund has generated 16.66% over the last 1 year and 18.68% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Bank of India Midcap Tax Fund Series 2 Direct Growth?

The fund's allocation of assets is distributed as 98.83% in equities, 0.16% in bonds, and 1.02% in cash and cash equivalents.

Who manages the Bank of India Midcap Tax Fund Series 2 Direct Growth?

The fund managers responsible for Bank of India Midcap Tax Fund Series 2 Direct Growth are:-

Nilesh Jethani

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Bank of India Midcap Tax Fund Series 2 Direct Growth

Fund Overview