Bank of India ELSS Tax Saver - Direct (IDCW)

ELSS

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NAV
73.69(0.85%)
Fund Size (CR)
₹1,373.7
Expense Ratio
0.77
Scheme Type
Active Fund
Value Research
-

Min. investment
₹500
Minimum Additional Investment
₹500
Minimum SIP Investment
₹500
Minimum Withdrawal
₹500
Exit Load
0%
Return Since Launch
16.74%

Absolute Return: -1.10%

Annualized Return: 0%

Basic Details

Scheme Manager

Alok Singh

Bench Mark

BSE 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	25 February 2026	9667.90	-3.32%	-	-4.10%	16/213
1 Month	4 February 2026	9738.77	-2.61%	-	-4.64%	9/213
3 Month	4 December 2025	9808.05	-1.92%	-	-5.89%	2/213
6 Month	4 September 2025	10024.69	0.25%	-	-3.26%	23/213
1 Year	4 March 2025	11519.78	15.20%	15.20%	12.23%	35/213
3 Year	3 March 2023	16335.78	63.36%	17.74%	16.07%	43/205
5 Year	4 March 2021	20522.43	105.22%	15.45%	14.38%	60/199
Since Inception	8 January 2013	76677.66	666.78%	16.74%	14.12%	30/213

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	161331.60	34.44%	34.44%
3 Year	3 April 2023	3,60,000	539385.61	49.83%	14.43%
5 Year	1 April 2021	6,00,000	1088728.87	81.45%	12.66%
10 Year	1 April 2016	12,00,000	3412073.66	184.34%	11.02%

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 (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.69%

Standard Deviation

1.21%

Beta

0.74%

Sharpe Ratio

0.02%

Treynor's Ratio

4.62%

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
SBI	5.21%	664000	71.52	Equity	Banks
Hind.Aeronautics	3.53%	105000	48.50	Equity	Aerospace & Defence
ICICI Bank	3.50%	355000	48.10	Equity	Banks
Vedanta	3.47%	700000	47.71	Equity	Mining & Mineral products
Bharti Airtel	3.37%	235000	46.26	Equity	Telecom-Service
Acutaas Chemical	3.08%	221000	42.27	Equity	Pharmaceuticals
HDFC Bank	2.96%	437532	40.66	Equity	Banks
Indian Bank	2.75%	415000	37.84	Equity	Banks
ITC	2.63%	1120000	36.08	Equity	Tobacco Products
Coromandel Inter	2.61%	157000	35.84	Equity	Fertilizers

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Bank of India ELSS Tax Saver - Direct (IDCW)	1373.70	-2.61%	-1.92%	0.25%	15.20%	17.74%
SBI Long Term Advantage Fund-Series V -Dir (IDCW)	368.70	-4.77%	-5.02%	-4.77%	18.58%	22.33%
SBI Long Term Advantage Fund - Series V -Dir (G)	368.70	-4.77%	-5.02%	-4.77%	18.58%	22.33%
Sundaram LT Tax Advantage Fund-Sr.IV-Dir (G)	21.50	-6.49%	-7.65%	-5.08%	17.27%	17.92%
Sundaram LT Tax Advantage Fund-Sr.IV-Dir (IDCW)	21.50	-6.49%	-7.65%	-5.08%	17.27%	17.92%
Edelweiss ELSS Tax Saver Fund - Direct (IDCW)	440.10	-4.72%	-4.50%	1.61%	17.10%	17.59%

List of Schemes under Bank of India Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Bank of India Multi Cap Fund	Equity	Very High	19.41%	0	₹989.01
Bank of India Large Cap Fund	Equity	Very High	19.96%	3	₹206.75
Bank of India Large & Mid Cap Fund	Equity	Very High	18.64%	2	₹445.91
Bank of India Mid Cap Fund	Equity	Very High	0%	0	₹666.84
Bank of India Small Cap Fund	Equity	Very High	11.39%	3	₹1,829.19
Bank of India Manufacturing & Infrastructure Fund	Equity	Very High	26.72%	4	₹661.33
Bank of India Business Cycle Fund	Equity	Very High	9.34%	0	₹463.92
Bank of India Consumption Fund	Equity	Very High	15.37%	0	₹377.95
Bank of India ELSS Tax Saver	Equity	Very High	15.2%	2	₹1,373.70
Bank of India Midcap Tax Fund - Series 1	Equity	Very High	16.7%	0	₹58.79
Bank of India Midcap Tax Fund - Series 2	Equity	Very High	14.5%	0	₹30.61
Bank of India Overnight Fund	Debt	Low	5.66%	5	₹87.79
Bank of India Liquid Fund	Debt	Moderately Low	6.4%	3	₹1,679.40
Bank of India Ultra Short Duration Fund	Debt	Moderate	6.7%	1	₹166.35
Bank of India Money Market Fund	Debt	Moderately Low	7.26%	0	₹351.56
Bank of India Short Term Income Fund	Debt	Moderately Low	7.19%	0	₹281.96
Bank of India Credit Risk Fund	Debt	Moderately High	12.03%	2	₹106.15
Bank of India Conservative Hybrid Fund	Hybrid	Moderate	8.01%	3	₹64.94
Bank of India Mid & Small Cap Equity & Debt Fund	Hybrid	Very High	16.27%	4	₹1,329.20
Bank of India Balanced Advantage Fund	Hybrid	Very High	14.81%	2	₹143.75
Bank of India Multi Asset Allocation Fund	Hybrid	Very High	20.68%	0	₹352.35
Bank of India Arbitrage Fund	Hybrid	Low	6.42%	1	₹47.24
Bank of India Flexi Cap Fund	Equity	Very High	18.75%	4	₹2,167.16

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
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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 Engineering
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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.
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Fund House Details & Investment Objective

Date of Incorporation

1 January 2013

Total AUM (Cr)

₹1373.70

Bank of India ELSS Tax Saver - Direct (IDCW) is an ELSS-oriented fund from the renowned AMC, Bank of India Mutual Fund. Launched in 1 January 2013, this fund is managed by Alok Singh. With assets under management (AUM) worth ₹1,373.7 (Cr), as of 5 March 2026, Bank of India ELSS Tax Saver - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 16.74% since its launch.
The current NAV of Bank of India ELSS Tax Saver - Direct (IDCW) is ₹73.69, as on 5 March 2026. The fund's benchmark index is BSE 500 TRI. You can invest in Bank of India ELSS Tax Saver - Direct (IDCW) 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:
The fund has generated 17.74% and 15.45% 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 85.78% in Equity, 6.60% in Debt and 7.62% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 18.66% in Banks, 7.62% in Cash & Others, 6.60% in Debt, 5.42% in Aerospace & Defense, 4.93% in Pharmaceuticals & Biotech