Bank of India Tax Advantage Fund - Direct Plan

Bank of India Tax Advantage Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in equity stocks. It offers tax exemption under Section 80C of the Indian income tax laws. As per this section, investments of up to Rs 1.5 lakh in a financial year in eligible securities are exempt from tax.

Mutual funds can be bought directly from the website of the fund house. For instance, Bank of India Tax Advantage Fund - Direct Plan fund can be purchased from the website of Bank of India Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Bank of India Tax Advantage Fund - Direct Plan is ₹151.0900 as of 11-Dec-2023.

The AUM of Bank of India Tax Advantage Fund - Direct Plan Fund is ₹951 Cr as of 30-Nov-2023

The riskometer level of Bank of India Tax Advantage Fund - Direct Plan is Very High. See More

As of 30-Nov-2023, Bank of India Tax Advantage Fund - Direct Plan had invested 99.74% in Equity, 0.2% in Cash & Cash Eq. and 0.06% in Debt See More

Bank of India Tax Advantage Fund - Direct Plan is 10 years 11 months old. It has delivered 18.55% returns since inception. See More

Yes, There is lock in period in Bank of India Tax Advantage Fund - Direct Plan.

The expense ratio of Bank of India Tax Advantage Fund - Direct Plan is 1.28.