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Fund Overview

Fund Size

Fund Size

₹1,436 Cr

Expense Ratio

Expense Ratio

0.84%

ISIN

ISIN

INF761K01884

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Bank of India Tax Advantage Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 11 years, 10 months and 28 days, having been launched on 01-Jan-13.
As of 28-Nov-24, it has a Net Asset Value (NAV) of ₹194.22, Assets Under Management (AUM) of 1435.90 Crores, and an expense ratio of 0.84%.
  • Bank of India Tax Advantage Fund Direct Growth has given a CAGR return of 19.46% since inception.
  • The fund's asset allocation comprises around 92.37% in equities, 0.00% in debts, and 7.63% in cash & cash equivalents.
  • You can start investing in Bank of India Tax Advantage Fund 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

+36.25%

+31.43% (Cat Avg.)

3 Years

+20.73%

+17.65% (Cat Avg.)

5 Years

+26.51%

+19.82% (Cat Avg.)

10 Years

+17.92%

+14.17% (Cat Avg.)

Since Inception

+19.46%

(Cat Avg.)

Portfolio Summaryas of 31st October 2024

Equity1,326.35 Cr92.37%
Others109.55 Cr7.63%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement80.28 Cr5.59%
HDFC Bank LtdEquity76.37 Cr5.32%
State Bank of IndiaEquity61.68 Cr4.30%
Vedanta LtdEquity56.2 Cr3.91%
Prudent Corporate Advisory Services LtdEquity40.47 Cr2.82%
NTPC LtdEquity38.98 Cr2.71%
Ami Organics LtdEquity34.01 Cr2.37%
General Insurance Corp of IndiaEquity31.41 Cr2.19%
Reliance Industries LtdEquity30.37 Cr2.12%
Siemens LtdEquity28.6 Cr1.99%
Hindustan Aeronautics Ltd Ordinary SharesEquity28.45 Cr1.98%
Tata Power Co LtdEquity27.59 Cr1.92%
UNO Minda LtdEquity26.55 Cr1.85%
Coromandel International LtdEquity26.2 Cr1.82%
ICICI Bank LtdEquity25.97 Cr1.81%
Coforge LtdEquity25.85 Cr1.80%
Tata Steel LtdEquity25.34 Cr1.77%
Dixon Technologies (India) LtdEquity25.31 Cr1.76%
HEG LtdEquity25.07 Cr1.75%
Oil India LtdEquity24.37 Cr1.70%
Deepak Nitrite LtdEquity24.12 Cr1.68%
Jio Financial Services LtdEquity23.21 Cr1.62%
Swan Energy LtdEquity21.69 Cr1.51%
Bharat Forge LtdEquity21.15 Cr1.47%
REC LtdEquity20.9 Cr1.46%
Tata Consultancy Services LtdEquity20.64 Cr1.44%
Dr Reddy's Laboratories LtdEquity19.75 Cr1.38%
Balrampur Chini Mills LtdEquity19.65 Cr1.37%
CMS Info Systems LtdEquity19.34 Cr1.35%
Kotak Mahindra Bank LtdEquity19.22 Cr1.34%
ABB India LtdEquity18.57 Cr1.29%
Triveni Engineering & Industries LtdEquity18.54 Cr1.29%
Tata Technologies LtdEquity18.11 Cr1.26%
K.P.R. Mill LtdEquity17.75 Cr1.24%
Indian BankEquity16.95 Cr1.18%
Tech Mahindra LtdEquity16.89 Cr1.18%
Larsen & Toubro LtdEquity16.66 Cr1.16%
Sun Pharmaceuticals Industries LtdEquity16.64 Cr1.16%
Varun Beverages LtdEquity16.14 Cr1.12%
HCL Technologies LtdEquity15.89 Cr1.11%
Sterling and Wilson Renewable Energy LtdEquity15.79 Cr1.10%
Jupiter Wagons LtdEquity15.67 Cr1.09%
KPIT Technologies LtdEquity15.19 Cr1.06%
Titagarh Rail Systems LtdEquity14.66 Cr1.02%
INOX India LtdEquity14.56 Cr1.01%
Poly Medicure LtdEquity14.3 Cr1.00%
Bank of BarodaEquity14.3 Cr1.00%
Bharti Airtel LtdEquity14.19 Cr0.99%
UltraTech Cement LtdEquity13.28 Cr0.92%
Hero MotoCorp LtdEquity12.97 Cr0.90%
Advanced Enzyme Technologies LtdEquity12.4 Cr0.86%
Kotak Mahindra Bank Limited (15/01/2025) ** #Cash12.32 Cr0.86%
Canara Bank (16/01/2025) ** #Cash12.32 Cr0.86%
DLF LtdEquity11.97 Cr0.83%
PNB Housing Finance LtdEquity11.41 Cr0.79%
Central Depository Services (India) LtdEquity10.82 Cr0.75%
PI Industries LtdEquity10.77 Cr0.75%
Graphite India LtdEquity10.6 Cr0.74%
SBI Life Insurance Co LtdEquity10.54 Cr0.73%
Power Finance Corp LtdEquity10.01 Cr0.70%
Ambuja Cements LtdEquity9.87 Cr0.69%
Oberoi Realty LtdEquity9.83 Cr0.68%
Linde India LtdEquity8.64 Cr0.60%
Amara Raja Energy & Mobility LtdEquity7.09 Cr0.49%
IRCON International LtdEquity6.53 Cr0.45%
Bharat Heavy Electricals LtdEquity6.45 Cr0.45%
Hdfc Bank Limited (25/07/2025) ** #Cash4.74 Cr0.33%
Union Bank of IndiaEquity2.34 Cr0.16%
Canara BankEquity1.54 Cr0.11%
Net Receivables / (Payables)Cash-0.65 Cr0.05%
364 Day T-Bill 30.01.25Bond - Gov't/Treasury0.54 Cr0.04%

Allocation By Market Cap (Equity)

Large Cap Stocks

49.55%

Mid Cap Stocks

19.81%

Small Cap Stocks

23.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services377.14 Cr26.27%
Industrials233.95 Cr16.29%
Basic Materials220.84 Cr15.38%
Technology153.66 Cr10.70%
Consumer Cyclical78.43 Cr5.46%
Utilities66.57 Cr4.64%
Energy54.74 Cr3.81%
Consumer Defensive54.33 Cr3.78%
Healthcare50.7 Cr3.53%
Real Estate21.8 Cr1.52%
Communication Services14.19 Cr0.99%

Risk & Performance Ratios

Standard Deviation

This fund

14.63%

Cat. avg.

13.29%

Lower the better

Sharpe Ratio

This fund

0.93

Cat. avg.

0.78

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.39

Higher the better

Fund Managers

AS

Alok Singh

Since April 2022

Additional Scheme Detailsas of 31st October 2024

ISIN
INF761K01884
Expense Ratio
0.84%
Exit Load
No Charges
Fund Size
₹1,436 Cr
Age
11 years 10 months
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 ELSS (Tax Savings) Funds

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

Very High Risk

0.7%0.0%₹4680.10 Cr30.9%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4680.10 Cr29.5%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹36533.13 Cr25.7%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹4273.94 Cr28.1%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.7%0.0%₹4273.94 Cr26.7%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.7%0.0%₹54.03 Cr25.1%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹54.03 Cr23.0%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹388.48 Cr36.8%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹388.48 Cr34.3%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1559.54 Cr20.8%

About the AMC

BOI Mutual Fund

BOI Mutual Fund

Total AUM

₹10,514 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%₹66.92 Cr29.7%
Bank of India Midcap Tax Fund Series 2 Direct Growth

Very High Risk

-0.0%₹35.83 Cr29.1%
Bank of India Mid & Small Cap Equity & Debt Direct Growth

Very High Risk

0.9%1.0%₹1009.82 Cr31.0%
Bank of India Conservative Hybrid Fund Direct Growth

Moderately High risk

1.1%1.0%₹66.22 Cr11.1%
Bank of India Balanced Advantage Fund Direct Growth

Very High Risk

1.2%1.0%₹135.02 Cr17.8%
Bank of India Multi Cap Fund Direct Growth

Very High Risk

1.1%1.0%₹719.25 Cr34.4%
Bank of India Bluechip Fund Direct Growth

Very High Risk

1.0%1.0%₹192.46 Cr28.5%
Bank of India Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1929.59 Cr42.8%
Bank of India Large & Mid Cap Equity Fund Direct Growth

Very High Risk

1.2%1.0%₹364.78 Cr31.8%
Bank of India Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹1774.42 Cr7.5%
Bank of India S/T Income Direct Growth

Moderate Risk

0.5%0.0%₹76.82 Cr9.9%
Bank of India Manufacturing and Infrastructure fund Direct Growth

Very High Risk

0.8%1.0%₹519.36 Cr40.3%
Bank of India Tax Advantage Fund Direct Growth

Very High Risk

0.8%0.0%₹1435.90 Cr36.2%
Bank of India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹175.29 Cr7.1%
Bank of India Credit Risk Fund Direct Growth

Moderately High risk

1.0%4.0%₹114.69 Cr6.5%
Bank of India Small Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1537.17 Cr36.7%
Bank of India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹106.84 Cr6.8%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹40.76 Cr7.7%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Bank of India Tax Advantage Fund Direct Growth, as of 28-Nov-2024, is ₹194.22.
The fund has generated 36.25% over the last 1 year and 20.73% 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 92.37% in equities, 0.00% in bonds, and 7.63% in cash and cash equivalents.
The fund managers responsible for Bank of India Tax Advantage Fund Direct Growth are:-
  1. Alok Singh