Become a PartnerBecome a Partner - Get 100% Brokerage Sharing
m.Stock by Mirae AssetOpen Demat Account
m.Stock by Mirae Asset
LoginOpen Demat Account
m.Stock by Mirae Asset
LoginOpen Demat Account
/MF-Logo-img/29865.png

Bank of India ELSS Tax Saver - Eco (G)

ELSS
Invest Now

  • NAV

    169.73(0.65%)

  • Fund Size (CR)

    ₹1,432.23

  • Expense Ratio

    1.72

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹500

  • Minimum Additional Investment

    ₹500

  • Minimum SIP Investment

    ₹500

  • Minimum Withdrawal

    ₹500

  • Exit Load Nil

    0%

  • Return Since Launch

    18.75%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 3.10%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Alok Singh

Bench Mark

BSE 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 25 July 20259799.51-2.00%--1.44%194/217
1 Month1 July 20259581.79-4.18%--3.08%185/217
3 Month30 April 202510381.063.81%-5.14%123/217
6 Month31 January 202510229.302.29%-5.91%204/217
1 Year1 August 20248891.17-11.09%-11.09%-1.86%201/213
3 Year1 August 202216495.1664.95%18.14%17.94%88/203
5 Year31 July 202028355.47183.55%23.15%23.56%98/203
Since Inception25 February 2009168630.001586.30%18.75%15.53%26/217

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year2 September 20241,20,000118694.59-1.09% -1.09%
3 Year1 September 20223,60,000437396.2521.50% 6.71%
5 Year1 September 20206,00,000891506.9848.58% 8.24%
10 Year1 September 201512,00,0003012682.76151.06% 9.64%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.82%

Standard Deviation

1.10%

Beta

1.02%

Sharpe Ratio

-0.03%

Treynor's Ratio

6.13%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
Vedanta4.54%141200065.07EquityMining & Mineral products
Coforge4.41%32800063.12EquityIT - Software
St Bk of India3.80%66400054.47EquityBanks
Hind.Aeronautics3.57%10500051.13EquityAerospace & Defence
HDFC Bank3.06%21876643.79EquityBanks
Coromandel Inter2.75%15700039.33EquityFertilizers
Bharti Airtel2.61%18600037.38EquityTelecomm-Service
Acutaas Chemical2.54%31780036.37EquityPharmaceuticals
Prudent Corp.2.50%13240735.87EquityStock/ Commodity Brokers
Ambuja Cements2.36%58600033.84EquityCement

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
SBI Long Term Advantage Fund-Series V -Dir (IDCW)
393.89-1.93%8.32%15.14%15.41%23.93%
SBI Long Term Advantage Fund - Series V -Dir (G)
393.89-1.93%8.32%15.14%15.41%23.93%
HSBC Tax Saver Equity Fund - Direct (G)
253.40-1.75%7.07%8.23%7.99%20.57%
HSBC Tax Saver Equity Fund - Direct (IDCW)
253.40-1.75%7.07%8.23%7.99%20.61%
WhiteOak Capital ELSS Tax Saver Fund - Direct (G)
405.80-2.67%5.69%7.66%7.24%-

List of Schemes under Bank of India Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
Bank of India Large & Mid Cap FundEquityVery High-6.43%2₹418.30
Bank of India Liquid FundDebtModerately Low7.14%4₹1,821.48
Bank of India Short Term Income FundDebtModerately Low10.51%0₹216.32
Bank of India Ultra Short Duration FundDebtModerate7.51%1₹196.19
Bank of India Conservative Hybrid FundHybridModerate3.64%3₹68.75
Bank of India ELSS Tax SaverEquityVery High-10.3%2₹1,432.23
Bank of India Manufacturing & Infrastructure FundEquityVery High-3.56%4₹606.65
Bank of India Balanced Advantage FundHybridVery High-2.6%1₹143.22
Bank of India Credit Risk FundDebtModerately High6.4%2₹107.24
Bank of India Mid & Small Cap Equity & Debt FundHybridVery High-1.72%4₹1,249.57
Bank of India Midcap Tax Fund - Series 1EquityVery High-6.34%0₹65.95
Bank of India Arbitrage FundHybridLow7.1%1₹43.43
Bank of India Midcap Tax Fund - Series 2EquityVery High-5.77%0₹34.25
Bank of India Small Cap FundEquityVery High-1.65%3₹1,907.82
Bank of India Overnight FundDebtLow6.4%5₹49.21
Bank of India Flexi Cap FundEquityVery High-6.92%4₹2,208.92
Bank of India Large Cap FundEquityVery High-5.91%3₹209.10
Bank of India Multi Cap FundEquityVery High-2.74%0₹902.47
Bank of India Multi Asset Allocation FundHybridVery High4.08%0₹346.69
Bank of India Business Cycle FundEquityVery High0%0₹575.53
Bank of India Consumption FundEquityVery High0%0₹391.31
Bank of India Money Market FundDebtModerately Low0%0₹137.06
Bank of India Mid Cap FundEquityVery High0%0₹0.00

News

  • Bank of India Mutual Fund announces change in Key Personnel

    Bank of India Mutual Fund has announced that Mr. Deep Mehta has been appointed as a Equity Dealer on the Board of the Trustee Company with effect from July 14, 2025.

    Details of Mr. Deep Mehta,

    Age: 29

    Designation: Equity Dealer

    Qualification : ' CFA Level 3 (Cleared)
    ' CMT Level 3 (Cleared)
    ' B.Tech Mechanical

    Experience : 8 years

    Powered by Capital Market - Live News

  • Bank of India Mutual Fund announces change in fund manager under its schemes

    Bank of India Mutual Fund has announced change in fund manager under the following schemes, With effect from 14 July 2025

    Change in Fund Manager:

    Name of the Scheme(s) Existing Fund Manager(s) New Fund Manager(s)
    Bank of India Arbitrage Fund Mr. Firdaus Ragina Mr. Nilesh Jethani
    Bank of India Small Cap Fund Mr. Alok Singh ' Mr. Alok Singh
    ' Mr. Nav Bhardwaj (Assistant Fund Manager)

    Powered by Capital Market - Live News

  • Bank of India Mutual Fund announces change in scheme name

    Bank of India Mutual Fund has announced change in scheme name under the following schemes, with effect from July 22, 2025.

    Change in the name of the Scheme:

    Existing Scheme Name Revised Scheme Name
    Bank of India Bluechip Fund Bank of India Large Cap Fund
    Bank of India Large & Mid Cap Equity Fund Bank of India Large & Mid Cap Fund

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

12 December 2008

Total AUM (Cr)

₹1432.23

Bank of India ELSS Tax Saver - Eco (G) is an ELSS-oriented fund from the renowned AMC, Bank of India Mutual Fund. Launched in 12 December 2008, this fund is managed by Alok Singh. With assets under management (AUM) worth ₹1,432.23 (Cr), as of 4 August 2025, Bank of India ELSS Tax Saver - Eco (G) is categorized as a ELSS within its segment. The fund has generated a return of 18.75% since its launch.
The current NAV of Bank of India ELSS Tax Saver - Eco (G) is ₹169.73, as on 4 August 2025. The fund's benchmark index is BSE 500 TRI. You can invest in Bank of India ELSS Tax Saver - Eco (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 18.14% and 23.15% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 96.68% in Equity, 3.16% in Debt and 0.16% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 15.31% in Banks, 7.42% in IT-Software, 6.78% in Power, 6.15% in Pharmaceuticals & Biotech, 4.96% in Diversified Metals

FAQs

How to Invest in Bank of India ELSS Tax Saver - Eco (G) Direct Growth?

Bank of India ELSS Tax Saver - Eco (G) is a popular fund in the ELSS segment. The fund has generated a return of 18.75% since inception. Looking to invest in Bank of India ELSS Tax Saver - Eco (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Bank of India ELSS Tax Saver - Eco (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Bank of India ELSS Tax Saver - Eco (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Bank of India ELSS Tax Saver - Eco (G) today and reap the benefits of this ELSS fund!

How much returns has Bank of India ELSS Tax Saver - Eco (G) Direct Growth generated?

In the short term, i.e., 1 year, Bank of India ELSS Tax Saver - Eco (G) has generated annualised return of -11.09%. In the long-term, the fund has generated 18.14% and 23.15% in 3 and 5 years respectively. Since its inception, the fund has generated 18.75% returns.

What is the expense ratio of Bank of India ELSS Tax Saver - Eco (G) Direct Growth?

The expense ratio of Bank of India ELSS Tax Saver - Eco (G) Direct Growth is 1.72%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Bank of India ELSS Tax Saver - Eco (G) Fund Direct Growth?

The Assets Under Management (AUM) of Bank of India ELSS Tax Saver - Eco (G) is ₹1,432.23 (Cr) as of 2025-08-04 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Bank of India ELSS Tax Saver - Eco (G) Direct Growth?

Redeeming or selling units of Bank of India ELSS Tax Saver - Eco (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Bank of India ELSS Tax Saver - Eco (G):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Bank of India ELSS Tax Saver - Eco (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.