Bank of India ELSS Tax Saver Fund Regular Growth

• Alpha 5.75%
• Beta 0.93
• Sharpe Ratio0.85
• Std Deviation 14.63%
• Tracking Error 8.40%

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 Regular Growth has an AUM of 1435.90 crores & has delivered CAGR of 25.63% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.96%. The minimum investment in Bank of India ELSS Tax Saver Fund Regular 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 Treps, HDFC Bank, State Bank Of India & Vedanta.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Chemical Manufacturing & Electronic Instr. & Controls.

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 Regular Growth has a sharpe ratio of 0.85 & a standard deviation of 14.63%.