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Business News/Market/Market Stats/    Bank of India ELSS Tax Saver Fund Eco Growth

Bank of India ELSS Tax Saver Fund Eco Growth

+
  • Equity
  • ELSS (Tax Savings)
  • Rating 5
  • Plan
184.18 -0.61 (-0.33%) NAV as on 21 Jun, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)1326.57
  • CAGR 58.85%
  • Exit Load0.00%
  • Expense ratio1.85%
  • CategoryEquity
  • Min Investment500
  • Min SIP500
  • Launch Date2009-02-25

Morning Star Rating 5

Medium
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 22 June 2024

  • Name
  • Value (Cr)
  • Holding %
  • HEG
  • 31.02
  • 2.34%
View More

Risk & Volitility

  • Alpha 6.39%
  • Beta 0.93
  • Sharpe Ratio1.20
  • Std Deviation 14.26%
  • Tracking Error 8.39%

About Fund

The Scheme seeks 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.(There can be no assurance that the investment objectives of the Scheme will be realized).

 

The Bank of India ELSS Tax Saver Fund Eco Growth has an AUM of 1326.57 crores & has delivered CAGR of 27.87% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.85%. The minimum investment in Bank of India ELSS Tax Saver Fund Eco Growth is Rs 500 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

 

The top holdings of the fund include State Bank Of India, Vedanta, Hindustan Aeronautics & Oil India.

 

The major sectors where the fund is invested are Regional Banks, Electronic Instr. & Controls, Construction Services & Oil & Gas Operations.

 

Some of the similar funds are Bank of India ELSS Tax Saver Fund Eco Growth, Bank of India ELSS Tax Saver Fund Regular Growth, Sundaram ELSS Tax Saver Fund Regular Plan - Growth, LIC MF ELSS Tax Saver Growth, Sundaram Diversified Equity Fund Growth. Bank of India ELSS Tax Saver Fund Eco Growth has a sharpe ratio of 1.20 & a standard deviation of 14.26%.

FAQs about Bank of India ELSS Tax Saver Fund Eco Growth

According to the morning star rating Bank of India ELSS Tax Saver Fund Eco Growth has a Medium risk & Exceptional return.
Bank of India ELSS Tax Saver Fund Eco Growth is managed by Alok Singh.
The expense ratio of Bank of India ELSS Tax Saver Fund Eco Growth is 1.85%.
The 5 year annualized return on Bank of India ELSS Tax Saver Fund Eco Growth is 27.87% & it has generated 58.85% in the last 1 year.
The minimum investment in Bank of India ELSS Tax Saver Fund Eco Growth is 500 Rs.
Bank of India ELSS Tax Saver Fund Eco Growth has an AUM of 1326.57 crores.
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