Bank of India ELSS Tax Saver – Direct Growth

Equity · ELSS
 · ★★★★★
₹ 500
Min SIP
₹ 500
Min Lumpsum
1.19 %
Expense Ratio
★★★★★
Rating
1,210
Fund Size (in Cr)
11 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 April 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 55.2% 25.9% 26.1% 19.5%
Category Average 37.2% 20.1% 17.3% -

Scheme Allocation

By Holding
By Sector
By Asset
3.58%
3.48%
3.35%
Others
82.3%
View all Holdings
Holdings Sector Instrument Asset
St Bk of India Banks Equity 4.1%
Canara Bank Banks Equity 3.58%
Oil India Crude Oil & Natural Gas Equity 3.48%
HDFC Bank Banks Equity 3.35%
Reliance Industr Refineries Equity 3.19%
Sun Pharma.Inds. Pharmaceuticals Equity 2.91%
Bank of Baroda Banks Equity 2.7%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.58%
NTPC Power Generation & Distribution Equity 2.55%
Hind.Aeronautics Aerospace & Defence Equity 2.36%
Tata Steel Steel Equity 2.1%
Vedanta Mining & Mineral products Equity 2.07%
Jio Financial Finance Equity 1.99%
HEG Capital Goods-Non Electrical Equipment Equity 1.98%
Ambuja Cements Cement Equity 1.95%
Union Bank (I) Banks Equity 1.88%
Hero Motocorp Automobile Equity 1.66%
UltraTech Cem. Cement Equity 1.61%
Graphite India Capital Goods-Non Electrical Equipment Equity 1.53%
Indian Bank Banks Equity 1.52%
Mankind Pharma Pharmaceuticals Equity 1.52%
Tata Power Co. Power Generation & Distribution Equity 1.52%
Uno Minda Auto Ancillaries Equity 1.51%
Lupin Pharmaceuticals Equity 1.47%
ICICI Bank Banks Equity 1.4%
Siemens Capital Goods - Electrical Equipment Equity 1.4%
Coromandel Inter Fertilizers Equity 1.39%
J B Chem & Pharm Pharmaceuticals Equity 1.31%
Varun Beverages FMCG Equity 1.25%
A B B Capital Goods - Electrical Equipment Equity 1.21%
DLF Realty Equity 1.19%
Swan Energy Diversified Equity 1.16%
Titan Company Diamond, Gems and Jewellery Equity 1.15%
Triven.Engg.Ind. Sugar Equity 1.14%
S A I L Steel Equity 1.13%
Balrampur Chini Sugar Equity 1.12%
Tata Motors Automobile Equity 1.07%
Indian Hotels Co Hotels & Restaurants Equity 1.07%
The Ramco Cement Cement Equity 1.07%
CMS Info Systems Miscellaneous Equity 1.06%
Endurance Tech. Auto Ancillaries Equity 1.06%
C D S L Miscellaneous Equity 1.02%
Inox India Packaging Equity 1.01%
KPIT Technologi. IT - Software Equity 0.99%
Deepak Nitrite Chemicals Equity 0.98%
General Insuranc Insurance Equity 0.98%
Bharat Forge Castings, Forgings & Fastners Equity 0.98%
JTEKT India Auto Ancillaries Equity 0.96%
HCL Technologies IT - Software Equity 0.96%
IndusInd Bank Banks Equity 0.95%
Power Fin.Corpn. Finance Equity 0.87%
Infosys IT - Software Equity 0.85%
Coforge IT - Software Equity 0.82%
Astral Plastic products Equity 0.79%
Kotak Mah. Bank Banks Equity 0.78%
Poly Medicure Healthcare Equity 0.65%
Tega Inds. Engineering Equity 0.65%
Mahindra Life. Construction Equity 0.65%
K P R Mill Ltd Readymade Garments/ Apparells Equity 0.63%
Rategain Travel IT - Software Equity 0.59%
REC Ltd Finance Equity 0.56%
APL Apollo Tubes Steel Equity 0.49%
B H E L Capital Goods - Electrical Equipment Equity 0.45%
Dixon Technolog. Consumer Durables Equity 0.43%
Metro Brands Leather Equity 0.42%
Prudent Corp. Finance Equity 0.41%
P I Industries Agro Chemicals Equity 0.32%
Banks
19.7%
Debt
18.23%
Pharmaceuticals & Biotech
7.91%
IT-Software
4.65%
Oil
4.4%
Others
45.11%
View all Sectors
Sectors Asset
Banks 19.7%
Debt 18.23%
Pharmaceuticals & Biotech 7.91%
IT-Software 4.65%
Oil 4.4%
Power 3.87%
Cement & Cement Products 3.8%
Petroleum Products 3.3%
Finance 2.98%
Auto Components 2.89%
Industrial Products 2.67%
Automobiles 2.53%
Construction 2.5%
Electrical Equipments 2.27%
Consumer Durables 2.01%
Realty 1.89%
Aerospace & Defense 1.82%
Fertilisers & Agrochemica 1.79%
Capital Markets 1.49%
Beverages 1.32%
Agricultural Food & other 1.2%
Leisure Services 1.12%
Commercial Services & Sup 1.1%
Chemicals & Petrochemical 1.08%
Insurance 1.07%
Ferrous Metals 0.89%
Healthcare Equipment & Su 0.68%
Industrial Manufacturing 0.64%
Textiles & Apparels 0.36%
Cash & Others -0.16%
Equity
94.49%
Certificate of Deposit
3.98%
Reverse Repos
3.35%
T-Bills
0.04%
Net Curr Ass/Net Receivables
-1.85%

Advance Ratio

5.53
Alpha
4.1
SD
0.97
Beta
1.2
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 Growth ?

You can invest in Bank of India ELSS Tax Saver – 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 ELSS Tax Saver – 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 ELSS Tax Saver – Direct Growth ?

The NAV of Bank of India ELSS Tax Saver – Direct Growth is ₹175.4 as of 18 April 2024.

How to redeem Bank of India ELSS Tax Saver – 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 is the minimum sip amount of Bank of India ELSS Tax Saver – Direct Growth?

The minimum SIP amount of Bank of India ELSS Tax Saver – Direct Growth is ₹500

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

The top sectors Bank of India ELSS Tax Saver – Direct Growth has invested in are
  1. Banks - 19.7%
  2. Debt - 18.23%
  3. Pharmaceuticals & Biotech - 7.91%
  4. IT-Software - 4.65%
  5. Oil - 4.4%

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

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

How much returns have Bank of India ELSS Tax Saver – Direct Growth generated ?

The Bank of India ELSS Tax Saver – Direct Growth has delivered 19.5% since inception

What is the expense ratio of Bank of India ELSS Tax Saver – Direct Growth ?

The expense ratio of Bank of India ELSS Tax Saver – Direct Growth is 1.19 % as of 18 April 2024.

What is the AUM of Bank of India ELSS Tax Saver – Direct Growth?

The AUM of Bank of India ELSS Tax Saver – Direct Growth is ₹6,554 Cr as of 18 April 2024

What are the top stock holdings of Bank of India ELSS Tax Saver – Direct Growth?

The top stock holdings of Bank of India ELSS Tax Saver – Direct Growth are
  1. St Bk of India - 4.1%
  2. Canara Bank - 3.58%
  3. Oil India - 3.48%
  4. HDFC Bank - 3.35%
  5. Reliance Industr - 3.19%

How can I redeem my investments in Bank of India ELSS Tax Saver – 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 ELSS Tax Saver – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now