Bank of India Midcap Tax Fund - Series 1 - Direct (G)
ELSSNAV
26.71(1.79%)Fund Size (CR)
₹58.79Expense Ratio
1.11Scheme Type
Active FundValue Research
-
Min. investment
₹500Minimum Additional Investment
₹0Minimum SIP Investment
₹Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
12.72%
Basic Details
Scheme Manager
Nilesh Jethani
Bench Mark
BSE 500 TRI
Type
CLOSE
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 2 March 2026 | 9679.09 | -3.21% | - | -3.52% | 57/213 |
| 1 Month | 9 February 2026 | 9483.19 | -5.17% | - | -7.04% | 11/213 |
| 3 Month | 9 December 2025 | 9378.13 | -6.22% | - | -6.59% | 84/213 |
| 6 Month | 9 September 2025 | 9348.06 | -6.52% | - | -5.42% | 124/213 |
| 1 Year | 7 March 2025 | 11128.07 | 11.28% | 11.28% | 7.28% | 10/213 |
| 3 Year | 9 March 2023 | 15712.57 | 57.13% | 16.24% | 15.36% | 62/205 |
| 5 Year | 9 March 2021 | 19437.04 | 94.37% | 14.21% | 14.15% | 83/199 |
| Since Inception | 19 February 2018 | 26240.00 | 162.40% | 12.72% | 13.87% | 145/213 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 April 2025 | 1,20,000 | 117739.24 | -1.88% | -1.88% |
| 3 Year | 3 April 2023 | 3,60,000 | 394750.22 | 9.65% | 3.12% |
| 5 Year | 1 April 2021 | 6,00,000 | 779511.65 | 29.92% | 5.37% |
| 10 Year | - | - | - | - | - |
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
Monthly Investment (₹)
Expected Returns Rate (%)
Time Period (in Years)
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
4.79%
Standard Deviation
1.22%
Beta
0.71%
Sharpe Ratio
0.01%
Treynor's Ratio
4.12%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| Uno Minda | 4.96% | 24640 | 2.91 | Equity | Auto Ancillaries |
| Coforge | 4.71% | 16735 | 2.77 | Equity | IT - Software |
| HDFC Bank | 4.07% | 25734 | 2.39 | Equity | Banks |
| PB Fintech. | 3.78% | 13425 | 2.22 | Equity | IT - Software |
| Hero Motocorp | 3.77% | 4010 | 2.22 | Equity | Automobile |
| Bank of Maha | 3.37% | 303600 | 1.98 | Equity | Banks |
| Indian Bank | 3.32% | 21386 | 1.95 | Equity | Banks |
| Navin Fluo.Intl. | 3.04% | 2933 | 1.79 | Equity | Chemicals |
| Hitachi Energy | 2.77% | 864 | 1.63 | Equity | Capital Goods - Electrical Equipment |
| Schaeffler India | 2.71% | 4394 | 1.59 | Equity | Bearings |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Bank of India Midcap Tax Fund - Series 1 - Direct (G) | 58.79 | -5.17% | -6.22% | -6.52% | 11.28% | 16.24% | |
| Edelweiss ELSS Tax Saver Fund - Direct (G) | 440.10 | -6.79% | -5.34% | -0.46% | 12.77% | 16.90% | |
| Edelweiss ELSS Tax Saver Fund - Direct (IDCW) | 440.10 | -6.78% | -5.34% | -0.46% | 12.76% | 16.91% | |
| SBI Long Term Advantage Fund - Series V -Dir (G) | 368.70 | -7.21% | -6.82% | -7.41% | 12.57% | 21.52% | |
| SBI Long Term Advantage Fund-Series V -Dir (IDCW) | 368.70 | -7.21% | -6.82% | -7.41% | 12.57% | 21.52% | |
| Nippon India ELSS Tax Saver Fund - Direct (IDCW) | 14881.42 | -5.73% | -4.70% | -2.20% | 11.42% | 17.00% |
List of Schemes under Bank of India Mutual Fund
News
Bank of India Mutual Fund announces change in Key Personnel
Bank of India Mutual Fund has announced that Mr. Arun Thukral has been appointed as an Independent Director with effect from February 11, 2026 ('Effective Date').Details of Mr. Arun Thukral
Age: 62 years
Designation: Independent Director
Qualification: ' M.Com ' LLB ' MBA (Finance) ' IICA registered as Independent Director
Powered by Capital Market - Live News
Bank of India Mutual Fund announces change in Key Personnel
Bank of India Mutual Fund Mr. Anand Padavale has been appointed as CISO and designed as Key Personnel of the Company with effect from December 09, 2025. Accordingly, the following details of Mr. Anand Padavale shall be added under section titled 'Information of Key Personnel' in Section II (F) of SAI:Details of Mr. Anand Padavale
Age: 38 years
Designation: Chief Information Security Officer
Qualification: ' Bachelor of Computer Applications
' Diploma in Computer EngineeringPowered by Capital Market - Live News
Bank of India Mutual Fund the cessation of key personnel
Bank of India Mutual Fund the cessation of key personnel Mr. Ashok Kumar Pathak has ceased to be the Associate Director from the Board of Bank of India Trustee Services Private Limited (Trustee Company) with effect from close of business hours of November 07, 2025.Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
10 November 2017
Total AUM (Cr)
₹58.79
Bank of India Midcap Tax Fund - Series 1 - Direct (G) is an ELSS-oriented fund from the renowned AMC, Bank of India Mutual Fund. Launched in 10 November 2017, this fund is managed by Nilesh Jethani. With assets under management (AUM) worth ₹58.79 (Cr), as of 10 March 2026, Bank of India Midcap Tax Fund - Series 1 - Direct (G) is categorized as a ELSS within its segment. The fund has generated a return of 12.72% since its launch.
The current NAV of Bank of India Midcap Tax Fund - Series 1 - Direct (G) is ₹26.71, as on 10 March 2026. The fund's benchmark index is BSE 500 TRI. You can invest in Bank of India Midcap Tax Fund - Series 1 - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 16.24% and 14.21% 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 98.44% in Equity, 0.08% in Debt and 1.48% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 17.41% in Banks, 12.47% in Auto Components, 8.36% in Electrical Equipments, 6.53% in IT-Software, 5.97% in Pharmaceuticals & Biotech
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon
Equity Funds
Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors