Bank of India ELSS Tax Saver – Direct (IDCW)

Equity · ELSS
 · ★★
₹ 500
Min SIP
₹ 500
Min Lumpsum
0.96 %
Expense Ratio
★★
Rating
1,428
Fund Size (in Cr)
12 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 26 July 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 54.4% 23.4% 30.4% 20.1%
Category Average 34.7% 18.1% 18% -

Scheme Allocation

By Holding
By Sector
By Asset
3.85%
3.55%
2.93%
Others
81.52%
View all Holdings
Holdings Sector Instrument Asset
St Bk of India Banks Equity 4.47%
Vedanta Mining & Mineral products Equity 3.85%
Hind.Aeronautics Aerospace & Defence Equity 3.68%
Oil India Crude Oil & Natural Gas Equity 3.55%
Canara Bank Banks Equity 2.93%
HDFC Bank Banks Equity 2.63%
NTPC Power Generation & Distribution Equity 2.53%
Reliance Industr Refineries Equity 2.5%
Bank of Baroda Banks Equity 2.48%
Uno Minda Auto Ancillaries Equity 2.22%
Siemens Capital Goods - Electrical Equipment Equity 2.21%
Bharat Forge Castings, Forgings & Fastners Equity 2.19%
Titagarh Rail Capital Goods-Non Electrical Equipment Equity 2.15%
Ambuja Cements Cement Equity 2.11%
Tata Steel Steel Equity 2.08%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.06%
Indian Bank Banks Equity 1.95%
UltraTech Cem. Cement Equity 1.84%
HEG Capital Goods-Non Electrical Equipment Equity 1.82%
S A I L Steel Equity 1.78%
Coromandel Inter Fertilizers Equity 1.76%
REC Ltd Finance Equity 1.75%
Tata Power Co. Power Generation & Distribution Equity 1.72%
Jio Financial Finance Equity 1.71%
Hero Motocorp Automobile Equity 1.66%
Swan Energy Diversified Equity 1.58%
Triven.Engg.Ind. Sugar Equity 1.51%
A B B Capital Goods - Electrical Equipment Equity 1.49%
Jupiter Wagons Capital Goods-Non Electrical Equipment Equity 1.45%
ICICI Bank Banks Equity 1.44%
Union Bank (I) Banks Equity 1.42%
Ami Organics Pharmaceuticals Equity 1.31%
Ircon Intl. Infrastructure Developers & Operators Equity 1.29%
Prudent Corp. Stock/ Commodity Brokers Equity 1.29%
CMS Info Systems Miscellaneous Equity 1.24%
Varun Beverages FMCG Equity 1.23%
Power Fin.Corpn. Finance Equity 1.22%
Balrampur Chini Sugar Equity 1.22%
Dixon Technolog. Consumer Durables Equity 1.21%
Inox India Packaging Equity 1.18%
K P R Mill Ltd Readymade Garments/ Apparells Equity 1.17%
DLF Realty Equity 1.1%
C D S L Miscellaneous Equity 1.04%
HCL Technologies IT - Software Equity 1%
JTEKT India Auto Ancillaries Equity 0.99%
Coforge IT - Software Equity 0.99%
Deepak Nitrite Chemicals Equity 0.98%
B H E L Capital Goods - Electrical Equipment Equity 0.98%
KPIT Technologi. IT - Software Equity 0.97%
Mankind Pharma Pharmaceuticals Equity 0.97%
Graphite India Capital Goods-Non Electrical Equipment Equity 0.97%
Sun Pharma.Inds. Pharmaceuticals Equity 0.96%
General Insuranc Insurance Equity 0.95%
Lupin Pharmaceuticals Equity 0.92%
Tata Motors Automobile Equity 0.91%
IndusInd Bank Banks Equity 0.88%
Indian Hotels Co Hotels & Restaurants Equity 0.86%
TCS IT - Software Equity 0.85%
Mahindra Life. Construction Equity 0.84%
Poly Medicure Healthcare Equity 0.67%
Rategain Travel IT - Software Equity 0.52%
Metro Brands Leather Equity 0.38%
Banks
19.25%
Finance
5.04%
Industrial Products
4.86%
Electrical Equipments
4.77%
Auto Components
4.7%
Others
61.38%
View all Sectors
Sectors Asset
Banks 19.25%
Finance 5.04%
Industrial Products 4.86%
Electrical Equipments 4.77%
Auto Components 4.7%
Power 4.42%
Pharmaceuticals & Biotech 4.34%
IT-Software 4.27%
Ferrous Metals 4.19%
Diversified Metals 4.11%
Cement & Cement Products 3.83%
Aerospace & Defense 3.75%
Construction 3.42%
Oil 3.36%
Automobiles 2.55%
Industrial Manufacturing 2.55%
Petroleum Products 2.46%
Agricultural Food & other 2.41%
Capital Markets 2.18%
Realty 2.04%
Diversified 1.58%
Fertilisers & Agrochemica 1.55%
Consumer Durables 1.4%
Commercial Services & Sup 1.2%
Beverages 1.16%
Textiles & Apparels 1.1%
Insurance 0.97%
Chemicals & Petrochemical 0.93%
Leisure Services 0.82%
Healthcare Equipment & Su 0.68%
Debt 0.12%
Cash & Others -0.01%
Equity
99.61%
Reverse Repos
0.2%
Net Curr Ass/Net Receivables
0.15%
T-Bills
0.04%
Others
0%

Advance Ratio

4.76
Alpha
4.13
SD
1.01
Beta
1.07
Sharpe

Exit Load

Exit Load Nil

Fund Objective

To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.

Fund Managers

Alok Singh - Fund Manager

Mr Singh graduated from ICFAI Business School with a CFA and PGDBA. He has held positions at BNP Paribas Asset Management and Axis Bank before joining Bank of India AMC. He has around 20 years of experience, including 16 years in the mutual fund industry.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Address:
B/204, Tower 1,Peninsula Corporate Park, Ganpatrao kadam marg, Lower Parel, Mumbai - 400013
Contact:
022 - 61249000
Email ID:
service@boimf.in

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Frequently Asked Questions

How to invest in Bank of India ELSS Tax Saver – Direct (IDCW) ?

You can invest in Bank of India ELSS Tax Saver – Direct (IDCW) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Bank of India ELSS Tax Saver – Direct (IDCW) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Bank of India ELSS Tax Saver – Direct (IDCW) ?

The NAV of Bank of India ELSS Tax Saver – Direct (IDCW) is ₹80 as of 26 July 2024.

How to redeem Bank of India ELSS Tax Saver – Direct (IDCW) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Bank of India ELSS Tax Saver – Direct (IDCW)?

The minimum SIP amount of Bank of India ELSS Tax Saver – Direct (IDCW) is ₹500

What are the top sectors Bank of India ELSS Tax Saver – Direct (IDCW) has invested in?

The top sectors Bank of India ELSS Tax Saver – Direct (IDCW) has invested in are
  1. Banks - 19.25%
  2. Finance - 5.04%
  3. Industrial Products - 4.86%
  4. Electrical Equipments - 4.77%
  5. Auto Components - 4.7%

Can I make investments in both the SIP and Lump Sum schemes of Bank of India ELSS Tax Saver – Direct (IDCW)?

Yes, You can select both SIP or Lumpsum investment of Bank of India ELSS Tax Saver – Direct (IDCW) based on your investment objective and risk tolerance.

How much returns have Bank of India ELSS Tax Saver – Direct (IDCW) generated ?

The Bank of India ELSS Tax Saver – Direct (IDCW) has delivered 20.1% since inception

What is the expense ratio of Bank of India ELSS Tax Saver – Direct (IDCW) ?

The expense ratio of Bank of India ELSS Tax Saver – Direct (IDCW) is 0.96 % as of 26 July 2024.

What is the AUM of Bank of India ELSS Tax Saver – Direct (IDCW)?

The AUM of Bank of India ELSS Tax Saver – Direct (IDCW) is ₹7,950 Cr as of 26 July 2024

What are the top stock holdings of Bank of India ELSS Tax Saver – Direct (IDCW)?

The top stock holdings of Bank of India ELSS Tax Saver – Direct (IDCW) are
  1. St Bk of India - 4.47%
  2. Vedanta - 3.85%
  3. Hind.Aeronautics - 3.68%
  4. Oil India - 3.55%
  5. Canara Bank - 2.93%

How can I redeem my investments in Bank of India ELSS Tax Saver – Direct (IDCW)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Bank of India ELSS Tax Saver – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.
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