14.08
18.71
1
1 Lakh
Investment Grown toSuitability:
"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
Capital gains
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of India Midcap Tax Fund Series 1 Reg-G | -6.93 | 0.18 | 1.14 | 10.53 | 15.40 | 0.18 | 2.13 | 27.71 | -- | -- | -- |
| S&P BSE 500 TRI | 2.45 | 0.30 | 1.79 | 10.22 | 13.25 | 3.01 | 10.03 | 20.42 | -- | -- | -- |
| Equity: ELSS | 2.45 | 0.49 | 1.66 | 10.02 | 14.96 | 3.81 | 12.18 | 26.56 | -- | -- | -- |
| Rank within category | 19 | 15 | 17 | 8 | 7 | 18 | 18 | 10 | -- | -- | -- |
| Number of funds in category | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 11 | 5 | 1 |
As on 12-Aug-2022
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Bank of India Midcap Tax Fund Series 1 - Regular Plan | Feb-18 | 2.13 | 27.71 | -- | 1.55 | 62 | |
| UTI Master Equity Plan Unit Scheme | Mar-03 | 6.43 | 16.18 | 10.99 | 1.46 | 2,322 |
| Best Performance | Worst Performance | |||
|---|---|---|---|---|
| Return (%) | Period | Return (%) | Period | |
| Week | 9.41 | 01-Apr-2020 - 09-Apr-2020 | -17.27 | 16-Mar-2020 - 23-Mar-2020 |
| Month | 16.76 | 24-Mar-2020 - 23-Apr-2020 | -31.64 | 20-Feb-2020 - 23-Mar-2020 |
| Quarter | 28.39 | 27-May-2020 - 26-Aug-2020 | -23.46 | 23-Dec-2019 - 23-Mar-2020 |
| Year | 90.95 | 23-Mar-2020 - 23-Mar-2021 | -23.83 | 21-Aug-2018 - 22-Aug-2019 |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Bank of India Midcap Tax Fund Series 1 Reg-G | 26.79 | 21.76 | 1.07 | 1.12 | 0.87 | 8.63 |
| S&P BSE 500 TRI | 20.28 | 22.43 | 0.75 | 0.86 | -- | -- |
| Equity: ELSS | 25.96 | 24.76 | 0.91 | 0.95 | 1.02 | 5.31 |
| Rank within category | 9 | 3 | 3 | 3 | 1 | 3 |
| Number of funds in category | 19 | 19 | 19 | 19 | 19 | 19 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jul-2022
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| Number of Stocks | 45 |
| Top 10 Stocks (%) | 34.36 |
| Top 5 Stocks (%) | 19.70 |
| Top 3 Sectors (%) | 44.90 |
| Portfolio P/B Ratio | 6.45 |
| Portfolio P/E Ratio | 41.28 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 36,635 | 84,512 |
| Giant (%) | 5.10 | 42.39 |
| Large (%) | 16.51 | 14.72 |
| Mid (%) | 76.34 | 32.06 |
| Small (%) | 2.05 | 30.34 |
| Tiny (%) | -- | 0.62 |
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Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jul-2022
— Dhruv Bhatia since 20-Jan-2022
Education: Mr. Bhatia has done PGDM (Finance), Bachelors in Management Studies (Finance).
Experience: Prior to joining Bank of India Mutual Fund, he has worked with AUM Fund Advisors LLP and Sahara Asset Management Company.
Funds Managed:
The scheme seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related securities of midcap companies along with income tax benefit.
| Tenure (Days) | 3650 |
| Maturity date |
| Fund House: | Bank of India Mutual Fund |
| Launch Date: | 19-Feb-2018 |
| Return Since Launch: | 12.26% |
| Benchmark: | S&P BSE 500 TRI |
| Riskometer: | Very High |
| Type: | Closed-end |
AMC: Bank of India Investment Managers Private Limited
Address: B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013
Email: [email protected]
Website: https://www.boimf.in/
Registrar & Transfer Agent: KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com
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Fri, 19-Aug-2022
12:30 PM - 12:40 PM