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Bank of India Midcap Tax Fund Series 1 Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (20-Dec-24)
₹27.93-1.93%1D
Returns (Since Inception)
16.27%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹67 Cr
Expense Ratio
-
ISIN
INF761K01DS3
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
26 Feb 2018
About this fund
Bank of India Midcap Tax Fund Series 1 Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 6 years, 9 months and 26 days, having been launched on 26-Feb-18
- Bank of India Midcap Tax Fund Series 1 Direct Growth has given a CAGR return of 16.27% since inception.
- The fund's asset allocation comprises around 98.11% in equities, 0.00% in debts, and 1.89% in cash & cash equivalents.
- You can start investing in Bank of India Midcap Tax Fund Series 1 Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+24.02%
— (Cat Avg.)
3 Years
+17.52%
— (Cat Avg.)
5 Years
+25.20%
— (Cat Avg.)
Since Inception
+16.27%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Equity | ₹65.59 Cr | 98.11% |
| Others | ₹1.26 Cr | 1.89% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| UNO Minda Ltd | Equity | ₹3.11 Cr | 4.65% |
| Dixon Technologies (India) Ltd | Equity | ₹3 Cr | 4.49% |
| Info Edge (India) Ltd | Equity | ₹2.53 Cr | 3.78% |
| Lupin Ltd | Equity | ₹2.51 Cr | 3.76% |
| HDFC Bank Ltd | Equity | ₹2.21 Cr | 3.30% |
| Deepak Nitrite Ltd | Equity | ₹2.14 Cr | 3.21% |
| Indian Bank | Equity | ₹2.06 Cr | 3.07% |
| Oberoi Realty Ltd | Equity | ₹1.93 Cr | 2.88% |
| Trent Ltd | Equity | ₹1.83 Cr | 2.74% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹1.77 Cr | 2.64% |
| FSN E-Commerce Ventures Ltd | Equity | ₹1.76 Cr | 2.63% |
| Coforge Ltd | Equity | ₹1.74 Cr | 2.60% |
| Ipca Laboratories Ltd | Equity | ₹1.7 Cr | 2.55% |
| PB Fintech Ltd | Equity | ₹1.7 Cr | 2.55% |
| Varun Beverages Ltd | Equity | ₹1.68 Cr | 2.51% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹1.67 Cr | 2.49% |
| CG Power & Industrial Solutions Ltd | Equity | ₹1.6 Cr | 2.39% |
| Manorama Industries Ltd | Equity | ₹1.54 Cr | 2.30% |
| REC Ltd | Equity | ₹1.49 Cr | 2.23% |
| Hero MotoCorp Ltd | Equity | ₹1.49 Cr | 2.23% |
| Abbott India Ltd | Equity | ₹1.48 Cr | 2.21% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹1.45 Cr | 2.17% |
| Endurance Technologies Ltd | Equity | ₹1.41 Cr | 2.11% |
| Tata Technologies Ltd | Equity | ₹1.39 Cr | 2.08% |
| Triveni Turbine Ltd | Equity | ₹1.38 Cr | 2.07% |
| Linde India Ltd | Equity | ₹1.31 Cr | 1.96% |
| AU Small Finance Bank Ltd | Equity | ₹1.31 Cr | 1.95% |
| Marico Ltd | Equity | ₹1.29 Cr | 1.93% |
| Treps | Cash - Repurchase Agreement | ₹1.29 Cr | 1.92% |
| PI Industries Ltd | Equity | ₹1.22 Cr | 1.82% |
| Reliance Industries Ltd | Equity | ₹1.01 Cr | 1.51% |
| Astral Ltd | Equity | ₹1 Cr | 1.50% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹0.95 Cr | 1.42% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.93 Cr | 1.38% |
| The Federal Bank Ltd | Equity | ₹0.91 Cr | 1.36% |
| Navin Fluorine International Ltd | Equity | ₹0.81 Cr | 1.22% |
| Titagarh Rail Systems Ltd | Equity | ₹0.8 Cr | 1.20% |
| KEI Industries Ltd | Equity | ₹0.8 Cr | 1.20% |
| Bharat Heavy Electricals Ltd | Equity | ₹0.76 Cr | 1.14% |
| Praj Industries Ltd | Equity | ₹0.69 Cr | 1.04% |
| PNB Housing Finance Ltd | Equity | ₹0.68 Cr | 1.01% |
| Tata Consultancy Services Ltd | Equity | ₹0.64 Cr | 0.96% |
| Jindal Stainless Ltd | Equity | ₹0.64 Cr | 0.95% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹0.62 Cr | 0.93% |
| Advanced Enzyme Technologies Ltd | Equity | ₹0.57 Cr | 0.85% |
| Housing & Urban Development Corp Ltd | Equity | ₹0.55 Cr | 0.82% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹0.43 Cr | 0.64% |
| Colgate-Palmolive (India) Ltd | Equity | ₹0.4 Cr | 0.61% |
| KRN Heat Exchanger and Refrigeration Ltd | Equity | ₹0.34 Cr | 0.50% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹0.18 Cr | 0.27% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹0.16 Cr | 0.25% |
| Net Receivables / (Payables) | Cash | ₹-0.03 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
18.02%
Mid Cap Stocks
66.77%
Small Cap Stocks
12.82%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹13.45 Cr | 20.12% |
| Consumer Cyclical | ₹9.6 Cr | 14.37% |
| Industrials | ₹8.61 Cr | 12.88% |
| Technology | ₹7.72 Cr | 11.55% |
| Healthcare | ₹7.36 Cr | 11.01% |
| Basic Materials | ₹6.7 Cr | 10.02% |
| Consumer Defensive | ₹4.91 Cr | 7.35% |
| Communication Services | ₹4.3 Cr | 6.43% |
| Real Estate | ₹1.93 Cr | 2.88% |
| Energy | ₹1.01 Cr | 1.51% |
Risk & Performance Ratios
Standard Deviation
This fund
15.49%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.70
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
NJ
Nilesh Jethani
Since October 2024
Additional Scheme Detailsas of 30th November 2024
ISIN INF761K01DS3 | Expense Ratio - | Exit Load No Charges | Fund Size ₹67 Cr | Age 6 years 9 months | Lumpsum Minimum ₹500 | Fund Status Unlisted Closed End Investment Company | Benchmark BSE 500 India TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4662.92 Cr | 23.5% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4662.92 Cr | 22.1% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹36373.17 Cr | 20.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4385.16 Cr | 22.9% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4385.16 Cr | 21.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹53.51 Cr | 21.3% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹53.51 Cr | 19.4% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹398.64 Cr | 28.4% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹398.64 Cr | 26.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1558.02 Cr | 14.3% |
About the AMC
BOI Mutual Fund
Total AUM
₹10,301 Cr
Address
B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013
Other Funds by BOI Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Related Articles
Still got questions?
We're here to help.
What is the current NAV of Bank of India Midcap Tax Fund Series 1 Direct Growth?
The NAV of Bank of India Midcap Tax Fund Series 1 Direct Growth, as of 20-Dec-2024, is ₹27.93.
What are the returns of Bank of India Midcap Tax Fund Series 1 Direct Growth?
The fund has generated 24.02% over the last 1 year and 17.52% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Bank of India Midcap Tax Fund Series 1 Direct Growth?
The fund's allocation of assets is distributed as 98.11% in equities, 0.00% in bonds, and 1.89% in cash and cash equivalents.
Who manages the Bank of India Midcap Tax Fund Series 1 Direct Growth?
The fund managers responsible for Bank of India Midcap Tax Fund Series 1 Direct Growth are:-
- Nilesh Jethani
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.