Bank of India Midcap Tax Fund Series 2 Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.75
• Std Deviation 16.22%
• Tracking Error 0.00%

"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.

The Bank of India Midcap Tax Fund Series 2 Regular Growth has an AUM of 32.88 crores & has delivered CAGR of 21.67% 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 2 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 Coforge, Bank of Maharashtra, HDFC Bank & Lloyds Metals And Energy.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Iron & Steel & Consumer Financial Services.

Some of the similar funds are Nippon India Quant Fund - Growth, Bank of India Midcap Tax Fund Series 2 Regular Growth, Quantum Ethical Fund Regular Growth, Groww Nifty India Defence ETF FoF Regular Growth, Motilal Oswal Special Opportunities Fund Regular Growth. Bank of India Midcap Tax Fund Series 2 Regular Growth has a sharpe ratio of 0.75 & a standard deviation of 16.22%.