Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW)
₹ -
Min SIP
₹ 500
Min Lumpsum
0.56 %
Expense Ratio
Rating
33
Fund Size (in Cr)
6 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
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 46.2% | 21.1% | 24% | 22.3% | ||||
| Category Average | 33.2% | 18.6% | 18.6% | - |
Scheme Allocation
By Holding
By Sector
By Asset
Advance Ratio
2.64
Alpha
4.27
SD
0.96
Beta
0.94
Sharpe
Exit Load
| Exit Load | Nil |
|---|
Fund Objective
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. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Fund Managers
Dhruv Bhatia - Equities research and portfolio management - Fund Manager
Mr Dhruv Bhatia works as an equity fund manager at Bank of India Investment Managers and has more than ten years of experience in equities research and portfolio management. Dhruv’s most recent task had him serving as an Investment Consultant at Sixteenth Street Capital Pte.
He has previously worked as an equities research analyst for companies like AUM Fund Advisors LLP and Sahara Mutual Fund. Dhruv has an MBA from the SIES College of Management Studies in Mumbai and a Bachelor of Management Studies from the University of Mumbai.
Risk-O-Meter
Peer Comparison
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- ELSS .
-
- 38
-
38.6%Fund Size - 38
-
31%Fund Size - 38
-
24.9%Fund Size - 38
-
- Equity .
- ELSS .
-
- 36
-
37.7%Fund Size - 36
-
30.4%Fund Size - 36
-
24.5%Fund Size - 36
-
- Equity .
- ELSS .
-
- 77
-
37.5%Fund Size - 77
-
30.3%Fund Size - 77
-
24%Fund Size - 77
-
- Equity .
- ELSS .
-
- 30
-
37.8%Fund Size - 30
-
29.1%Fund Size - 30
-
24.3%Fund Size - 30
-
- Equity .
- ELSS .
-
- 68
-
43.3%Fund Size - 68
-
25.5%Fund Size - 68
-
25.3%Fund Size - 68
AMC Contact Details
Bank of India Mutual Fund
AUM:
6,554 Cr
Address:
B/204, Tower 1,Peninsula Corporate
Park, Ganpatrao kadam marg,
Lower Parel, Mumbai - 400013
Contact:
022 - 61249000
Email ID:
service@boimf.in
More Funds from Bank of India Mutual Fund
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- ELSS .
-
- 33
-
46.2%Fund Size - 33
-
21.1%Fund Size - 33
-
24%Fund Size - 33
-
- Equity .
- Sectoral / Thematic .
-
- 255
-
57.1%Fund Size - 255
-
30.8%Fund Size - 255
-
29.1%Fund Size - 255
-
- Equity .
- ELSS .
-
- 63
-
45%Fund Size - 63
-
21.8%Fund Size - 63
-
25.1%Fund Size - 63
-
- Equity .
- ELSS .
-
- 1,210
-
50.2%Fund Size - 1,210
-
24.5%Fund Size - 1,210
-
27.3%Fund Size - 1,210
-
- Equity .
- Small Cap .
-
- 939
-
49.3%Fund Size - 939
-
28.2%Fund Size - 939
-
34.1%Fund Size - 939
Mutual Funds By Category
Equity
Debt
Hybrid
equity
Large Cap
Fund Name
Mid Cap
Fund Name
Small Cap
Fund Name
Multi Cap
Fund Name
ELSS
Fund Name
Dividend Yield
Fund Name
Sectoral / Thematic
Fund Name
Focused
Fund Name
debt
Ultra Short Duration
Fund Name
Liquid
Fund Name
Gilt
Fund Name
Long Duration
Fund Name
Overnight
Fund Name
Floater
Fund Name
hybrid
Arbitrage
Fund Name
Equity Savings
Fund Name
Aggressive Hybrid
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Large Cap .
-
- 1,863
-
36.8%Fund Size - 1,863
-
19.9%Fund Size - 1,863
-
19.7%Fund Size - 1,863
-
- Equity .
- Large Cap .
-
- 12,577
-
27.6%Fund Size - 12,577
-
16.3%Fund Size - 12,577
-
19.2%Fund Size - 12,577
-
- Equity .
- Large Cap .
-
- 24,378
-
37.7%Fund Size - 24,378
-
24.9%Fund Size - 24,378
-
19.2%Fund Size - 24,378
-
- Equity .
- Large Cap .
-
- 53,505
-
36.3%Fund Size - 53,505
-
21%Fund Size - 53,505
-
19.1%Fund Size - 53,505
-
- Equity .
- Large Cap .
-
- 828
-
30.9%Fund Size - 828
-
18.8%Fund Size - 828
-
18.6%Fund Size - 828
Frequently Asked Questions
How to invest in Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW) ?
You can invest in Bank of India Midcap Tax Fund – Series 2 – 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 Midcap Tax Fund – Series 2 – 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 Midcap Tax Fund – Series 2 – Direct (IDCW) ?
The NAV of Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW) is ₹30.6 as of 10 May 2024.
How to redeem Bank of India Midcap Tax Fund – Series 2 – 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 are the top stock holdings of Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW)?
The top stock holdings of Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW) are
- Uno Minda - 4.83%
- Astral - 4.38%
- J B Chem & Pharm - 3.56%
- B H E L - 3.24%
- HDFC Bank - 3.23%
How can I redeem my investments in Bank of India Midcap Tax Fund – Series 2 – 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 Midcap Tax Fund – Series 2 – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.
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 Midcap Tax Fund – Series 2 – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.
How much returns have Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW) generated ?
The Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW) has delivered 22.3% since inception
What is the expense ratio of Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW) ?
The expense ratio of Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW) is 0.56 % as of 10 May 2024.
What is the AUM of Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW)?
The AUM of Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW) is ₹6,554 Cr as of 10 May 2024
What are the top sectors Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW) has invested in?
The top sectors Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW) has invested in are
- Banks - 17.21%
- Pharmaceuticals & Biotech - 9.41%
- Auto Components - 7.72%
- Finance - 7.29%
- Industrial Products - 5.82%
Can I make investments in both the SIP and Lump Sum schemes of Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW)?
Yes, You can select both SIP or Lumpsum investment of Bank of India Midcap Tax Fund – Series 2 – Direct (IDCW) based on your investment objective and risk tolerance.