Bank of India Midcap Tax Fund – Series 2 – Direct Growth

₹ -
Min SIP
₹ 500
Min Lumpsum
0.56 %
Expense Ratio
Rating
33
Fund Size (in Cr)
5 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 18 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 49.4% 20.3% 21.8% 21.6%
Category Average 39.6% 18.9% 17.3% -

Scheme Allocation

By Holding
By Sector
By Asset
4.53%
4.42%
3.32%
3.09%
Others
81.36%
View all Holdings
Holdings Sector Instrument Asset
Uno Minda Auto Ancillaries Equity 4.53%
Astral Plastic products Equity 4.42%
Indian Bank Banks Equity 3.32%
Sundaram Finance Finance Equity 3.28%
HDFC Bank Banks Equity 3.09%
Coforge IT - Software Equity 3.04%
J B Chem & Pharm Pharmaceuticals Equity 3.02%
B H E L Capital Goods - Electrical Equipment Equity 2.94%
PB Fintech. IT - Software Equity 2.6%
Lupin Pharmaceuticals Equity 2.57%
Canara Bank Banks Equity 2.47%
Abbott India Pharmaceuticals Equity 2.37%
Hero Motocorp Automobile Equity 2.37%
Persistent Sys IT - Software Equity 2.37%
Trent Retail Equity 2.31%
Indus Towers Telecomm Equipment & Infra Services Equity 2.22%
TVS Motor Co. Automobile Equity 2.13%
Indian Hotels Co Hotels & Restaurants Equity 2.06%
Reliance Industr Refineries Equity 2%
Dixon Technolog. Consumer Durables Equity 1.99%
Deepak Nitrite Chemicals Equity 1.97%
Varun Beverages FMCG Equity 1.96%
IDFC First Bank Banks Equity 1.93%
Endurance Tech. Auto Ancillaries Equity 1.9%
Federal Bank Banks Equity 1.74%
Relaxo Footwear Leather Equity 1.74%
P I Industries Agro Chemicals Equity 1.72%
REC Ltd Finance Equity 1.71%
Info Edg.(India) E-Commerce/App based Aggregator Equity 1.64%
P & G Hygiene FMCG Equity 1.64%
Union Bank (I) Banks Equity 1.59%
Bank of Baroda Banks Equity 1.58%
AU Small Finance Banks Equity 1.49%
Glaxosmi. Pharma Pharmaceuticals Equity 1.45%
AIA Engineering Castings, Forgings & Fastners Equity 1.4%
Tube Investments Auto Ancillaries Equity 1.29%
Cholaman.Inv.&Fn Finance Equity 1.29%
Kajaria Ceramics Ceramic Products Equity 1.27%
Linde India Chemicals Equity 1.26%
The Ramco Cement Cement Equity 1.17%
Triveni Turbine Capital Goods - Electrical Equipment Equity 1.15%
Dalmia BharatLtd Cement Equity 1.11%
Navin Fluo.Intl. Chemicals Equity 1.08%
Oberoi Realty Realty Equity 1.04%
Colgate-Palmoliv FMCG Equity 1.01%
Power Fin.Corpn. Finance Equity 1.01%
Star Health Insu Insurance Equity 1%
Jubilant Food. Quick Service Restaurant Equity 0.88%
Banks
17.21%
Pharmaceuticals & Biotech
9.41%
Auto Components
7.72%
Finance
7.29%
Industrial Products
5.82%
Others
52.55%
View all Sectors
Sectors Asset
Banks 17.21%
Pharmaceuticals & Biotech 9.41%
Auto Components 7.72%
Finance 7.29%
Industrial Products 5.82%
IT-Software 5.41%
Debt 5.05%
Consumer Durables 5%
Automobiles 4.5%
Chemicals & Petrochemical 4.31%
Electrical Equipments 4.09%
Retailing 3.95%
Leisure Services 2.94%
Personal Products 2.65%
Financial Technology (Fin 2.6%
Cement & Cement Products 2.28%
Telecom-Services 2.22%
Petroleum Products 2%
Beverages 1.96%
Fertilisers & Agrochemica 1.72%
Realty 1.04%
Insurance 1%
Cash & Others -0.17%
Equity
95.12%
Reverse Repos
5.05%
Net Curr Ass/Net Receivables
-0.17%

Advance Ratio

3.35
Alpha
4.27
SD
0.96
Beta
1
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

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 Midcap Tax Fund – Series 2 – Direct Growth ?

You can invest in Bank of India Midcap Tax Fund – Series 2 – Direct Growth 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 Growth 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 Growth ?

The NAV of Bank of India Midcap Tax Fund – Series 2 – Direct Growth is ₹28.8 as of 18 March 2024.

How to redeem Bank of India Midcap Tax Fund – Series 2 – Direct Growth 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 Growth?

The top stock holdings of Bank of India Midcap Tax Fund – Series 2 – Direct Growth are
  1. Uno Minda - 4.53%
  2. Astral - 4.42%
  3. Indian Bank - 3.32%
  4. Sundaram Finance - 3.28%
  5. HDFC Bank - 3.09%

How can I redeem my investments in Bank of India Midcap Tax Fund – Series 2 – Direct Growth?

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 Growth in Scheme, enter the redemption amount, and click on submit button.

How much returns have Bank of India Midcap Tax Fund – Series 2 – Direct Growth generated ?

The Bank of India Midcap Tax Fund – Series 2 – Direct Growth has delivered 21.6% since inception

What is the expense ratio of Bank of India Midcap Tax Fund – Series 2 – Direct Growth ?

The expense ratio of Bank of India Midcap Tax Fund – Series 2 – Direct Growth is 0.56 % as of 18 March 2024.

What is the AUM of Bank of India Midcap Tax Fund – Series 2 – Direct Growth?

The AUM of Bank of India Midcap Tax Fund – Series 2 – Direct Growth is ₹5,788 Cr as of 18 March 2024

What are the top sectors Bank of India Midcap Tax Fund – Series 2 – Direct Growth has invested in?

The top sectors Bank of India Midcap Tax Fund – Series 2 – Direct Growth has invested in are
  1. Banks - 17.21%
  2. Pharmaceuticals & Biotech - 9.41%
  3. Auto Components - 7.72%
  4. Finance - 7.29%
  5. 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 Growth?

Yes, You can select both SIP or Lumpsum investment of Bank of India Midcap Tax Fund – Series 2 – Direct Growth based on your investment objective and risk tolerance.
Invest Now