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Business News/Market/Market Stats/    Bank of India Midcap Tax Fund Series 1 Regular Growth

Bank of India Midcap Tax Fund Series 1 Regular Growth

+
  • Equity
  • ELSS (Tax Savings)
  • Rating N.A.
  • Plan
24.91 +0.01 (0.04%) NAV as on 07 Feb, 2025
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)66.92
  • CAGR 5.96%
  • Exit Load0.00%
  • Expense ratio0.00%
  • CategoryEquity
  • Min Investment500
  • Min SIP0
  • Launch Date2018-02-26

Morning Star Rating N.A.

Medium
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 09 February 2025

  • Name
  • Value (Cr)
  • Holding %
View More

Risk & Volitility

  • Alpha 5.78%
  • Beta 0.78
  • Sharpe Ratio0.56
  • Std Deviation 15.29%
  • Tracking Error 11.23%

About Fund

"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."

 

The Bank of India Midcap Tax Fund Series 1 Regular Growth has an AUM of 66.92 crores & has delivered CAGR of 20.65% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.00%. The minimum investment in Bank of India Midcap Tax Fund Series 1 Regular Growth is Rs 500 and the minimum SIP is Rs 0.

 

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

 

The top holdings of the fund include Dixon Technologies (India), Uno Minda, Coforge & Info Edge India.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Biotechnology & Drugs & Construction Services.

 

Some of the similar funds are Bank of India Midcap Tax Fund Series 1 Regular Growth, Navi ELSS Tax Saver Fund Regular Growth, Shriram ELSS Tax Saver Fund Regular Growth, 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth, Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth. Bank of India Midcap Tax Fund Series 1 Regular Growth has a sharpe ratio of 0.56 & a standard deviation of 15.29%.

FAQs about Bank of India Midcap Tax Fund Series 1 Regular Growth

According to the morning star rating Bank of India Midcap Tax Fund Series 1 Regular Growth has a Medium risk & Exceptional return.
Bank of India Midcap Tax Fund Series 1 Regular Growth is managed by Aakash Manghani,Dhruv Bhatia.
The expense ratio of Bank of India Midcap Tax Fund Series 1 Regular Growth is 0.00%.
The 5 year annualized return on Bank of India Midcap Tax Fund Series 1 Regular Growth is 20.65% & it has generated 5.96% in the last 1 year.
The minimum investment in Bank of India Midcap Tax Fund Series 1 Regular Growth is 500 Rs.
Bank of India Midcap Tax Fund Series 1 Regular Growth has an AUM of 66.92 crores.
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