Bank of India Midcap Tax Fund Series 2 Direct Growth
EquityEquity - OtherVery High Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹30 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 has given a CAGR return of 19.85% since inception.
- The fund's asset allocation comprises around 96.71% in equities, 0.00% in debts, and 3.29% 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
-1.15%
— (Cat Avg.)
3 Years
+24.19%
— (Cat Avg.)
5 Years
+26.37%
— (Cat Avg.)
Since Inception
+19.85%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹29.27 Cr | 96.71% |
| Others | ₹0.99 Cr | 3.29% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| UNO Minda Ltd | Equity | ₹1.53 Cr | 4.70% |
| Indian Bank | Equity | ₹1.44 Cr | 4.41% |
| HDFC Bank Ltd | Equity | ₹1.44 Cr | 4.40% |
| Coforge Ltd | Equity | ₹1.39 Cr | 4.25% |
| PB Fintech Ltd | Equity | ₹1.15 Cr | 3.53% |
| Lloyds Metals & Energy Ltd | Equity | ₹1.11 Cr | 3.42% |
| Oberoi Realty Ltd | Equity | ₹1.03 Cr | 3.16% |
| Quality Power Electrical Equipments Ltd | Equity | ₹0.99 Cr | 3.03% |
| Manorama Industries Ltd | Equity | ₹0.97 Cr | 2.98% |
| Dixon Technologies (India) Ltd | Equity | ₹0.88 Cr | 2.69% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹0.86 Cr | 2.65% |
| Abbott India Ltd | Equity | ₹0.85 Cr | 2.62% |
| Deepak Nitrite Ltd | Equity | ₹0.85 Cr | 2.61% |
| Ipca Laboratories Ltd | Equity | ₹0.83 Cr | 2.56% |
| AU Small Finance Bank Ltd | Equity | ₹0.82 Cr | 2.51% |
| Endurance Technologies Ltd | Equity | ₹0.77 Cr | 2.37% |
| Housing & Urban Development Corp Ltd | Equity | ₹0.77 Cr | 2.37% |
| Jindal Stainless Ltd | Equity | ₹0.71 Cr | 2.18% |
| Bank of Maharashtra | Equity | ₹0.71 Cr | 2.17% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹0.69 Cr | 2.13% |
| PNB Housing Finance Ltd | Equity | ₹0.66 Cr | 2.02% |
| The Federal Bank Ltd | Equity | ₹0.65 Cr | 1.98% |
| Navin Fluorine International Ltd | Equity | ₹0.63 Cr | 1.94% |
| Zaggle Prepaid Ocean Services Ltd | Equity | ₹0.63 Cr | 1.92% |
| Lupin Ltd | Equity | ₹0.6 Cr | 1.85% |
| Hero MotoCorp Ltd | Equity | ₹0.6 Cr | 1.85% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹0.59 Cr | 1.80% |
| Reliance Industries Ltd | Equity | ₹0.58 Cr | 1.79% |
| Net Receivables / (Payables) | Cash | ₹0.55 Cr | 1.69% |
| Steel Authority Of India Ltd | Equity | ₹0.55 Cr | 1.68% |
| Treps | Cash - Repurchase Agreement | ₹0.52 Cr | 1.60% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹0.49 Cr | 1.50% |
| APL Apollo Tubes Ltd | Equity | ₹0.47 Cr | 1.45% |
| Trent Ltd | Equity | ₹0.45 Cr | 1.39% |
| Astral Ltd | Equity | ₹0.45 Cr | 1.38% |
| Bharat Heavy Electricals Ltd | Equity | ₹0.44 Cr | 1.36% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹0.41 Cr | 1.26% |
| Triveni Turbine Ltd | Equity | ₹0.4 Cr | 1.23% |
| HEG Ltd | Equity | ₹0.4 Cr | 1.22% |
| Unicommerce eSolutions Ltd | Equity | ₹0.36 Cr | 1.09% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹0.33 Cr | 1.03% |
| Oil India Ltd | Equity | ₹0.32 Cr | 0.99% |
| Vedanta Ltd | Equity | ₹0.3 Cr | 0.91% |
| Quadrant Future Tek Ltd | Equity | ₹0.29 Cr | 0.90% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹0.29 Cr | 0.90% |
| Titagarh Rail Systems Ltd | Equity | ₹0.26 Cr | 0.81% |
| ICICI Bank Ltd | Equity | ₹0.21 Cr | 0.65% |
| Acutaas Chemicals Ltd | Equity | ₹0.18 Cr | 0.54% |
| Aurobindo Pharma Ltd | Equity | ₹0.15 Cr | 0.46% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.04 Cr | 0.11% |
Allocation By Market Cap (Equity)
Large Cap Stocks
11.09%
Mid Cap Stocks
67.04%
Small Cap Stocks
14.64%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹9.22 Cr | 28.30% |
| Basic Materials | ₹4.8 Cr | 14.73% |
| Industrials | ₹4.52 Cr | 13.86% |
| Technology | ₹3.54 Cr | 10.85% |
| Consumer Cyclical | ₹3.36 Cr | 10.30% |
| Healthcare | ₹3.18 Cr | 9.77% |
| Real Estate | ₹1.03 Cr | 3.16% |
| Consumer Defensive | ₹0.97 Cr | 2.98% |
| Energy | ₹0.9 Cr | 2.78% |
Risk & Performance Ratios
Standard Deviation
This fund
16.76%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.80
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Nilesh Jethani
Since October 2024
Additional Scheme Detailsas of 31st May 2025
ISIN | INF761K01EL6 | Expense Ratio | - | Exit Load | No Charges | Fund Size | ₹30 Cr | Age | 6 years 8 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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  |
|---|---|---|---|---|
| Motilal Oswal Nifty India Tourism ETF Very High Risk | - | - | - | - |
| Motilal Oswal Nifty India Manufacturing ETF Very High Risk | - | - | ₹5.27 Cr | - |
| Motilal Oswal Services Fund Direct Growth Very High Risk | - | 1.0% | - | - |
| Motilal Oswal Services Fund Regular Growth Very High Risk | - | 1.0% | - | - |
| ICICI Prudential Quality Fund Direct Growth Very High Risk | - | 1.0% | ₹1801.45 Cr | - |
| ICICI Prudential Quality Fund Regular Growth Very High Risk | - | 1.0% | ₹1801.45 Cr | - |
| Motilal Oswal Nifty Capital Market ETF Very High Risk | 0.3% | - | ₹4.63 Cr | - |
| Mirae Asset BSE Select IPO ETF Very High Risk | 0.2% | - | ₹18.06 Cr | - |
| Mirae Asset BSE Select IPO ETF Fund of Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹9.66 Cr | - |
| Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth Very High Risk | 0.2% | 0.0% | ₹9.66 Cr | - |
About the AMC
Total AUM
₹10,605 Cr
Address
B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013
Other Funds by BOI Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Nilesh Jethani
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