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Business News/Market/Market Stats/    Bank of India Midcap Tax Fund Series 2 Regular Growth

Bank of India Midcap Tax Fund Series 2 Regular Growth

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  • Equity
  • Equity - Other
  • Rating N.A.
  • Plan
32.04 +0.17 (0.53%) NAV as on 13 Jun, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)34.99
  • CAGR 50.05%
  • Exit Load0.00%
  • Expense ratio0.00%
  • CategoryEquity
  • Min Investment500
  • Min SIP0
  • Launch Date2018-10-19

Morning Star Rating N.A.

Moderate
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 14 June 2024

  • Name
  • Value (Cr)
  • Holding %
  • Treps
  • 0.98
  • 2.80%
View More

Risk & Volitility

  • Alpha 0.00%
  • Beta 0.00
  • Sharpe Ratio0.96
  • Std Deviation 14.76%
  • Tracking Error 0.00%

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.

 

The Bank of India Midcap Tax Fund Series 2 Regular Growth has an AUM of 34.99 crores & has delivered CAGR of 24.30% 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 Moderate & Exceptional respectively.

 

The top holdings of the fund include Uno Minda, Astral, JB Chemicals & Pharmaceuticals & Bharat Heavy Electricals.

 

The major sectors where the fund is invested are Regional Banks, Biotechnology & Drugs, Chemical Manufacturing & Auto & Truck Parts.

 

Some of the similar funds are Bank of India Midcap Tax Fund Series 2 Regular Growth, Nippon India Quant Fund - Growth, Tata Quant Fund Regular Growth, WhiteOak Capital Special Opportunities Fund Regular Growth, SBI Automotive Opportunities Fund Regular Growth. Bank of India Midcap Tax Fund Series 2 Regular Growth has a sharpe ratio of 0.96 & a standard deviation of 14.76%.

FAQs about Bank of India Midcap Tax Fund Series 2 Regular Growth

According to the morning star rating Bank of India Midcap Tax Fund Series 2 Regular Growth has a Moderate risk & Exceptional return.
Bank of India Midcap Tax Fund Series 2 Regular Growth is managed by Aakash Manghani.
The expense ratio of Bank of India Midcap Tax Fund Series 2 Regular Growth is 0.00%.
The 5 year annualized return on Bank of India Midcap Tax Fund Series 2 Regular Growth is 24.30% & it has generated 50.05% in the last 1 year.
The minimum investment in Bank of India Midcap Tax Fund Series 2 Regular Growth is 500 Rs.
Bank of India Midcap Tax Fund Series 2 Regular Growth has an AUM of 34.99 crores.
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