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Fund Overview

Fund Size

Fund Size

₹1,320 Cr

Expense Ratio

Expense Ratio

0.84%

ISIN

ISIN

INF761K01884

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Bank of India Tax Advantage Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 12 years, 3 months and 18 days, having been launched on 01-Jan-13.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹174.09, Assets Under Management (AUM) of 1319.59 Crores, and an expense ratio of 0.84%.
  • Bank of India Tax Advantage Fund Direct Growth has given a CAGR return of 17.75% since inception.
  • The fund's asset allocation comprises around 94.27% in equities, 0.01% in debts, and 5.72% in cash & cash equivalents.
  • You can start investing in Bank of India Tax Advantage Fund 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

-1.12%

+7.02% (Cat Avg.)

3 Years

+16.51%

+14.56% (Cat Avg.)

5 Years

+26.61%

+23.66% (Cat Avg.)

10 Years

+15.89%

+12.82% (Cat Avg.)

Since Inception

+17.75%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Equity1,243.98 Cr94.27%
Debt0.1 Cr0.01%
Others75.52 Cr5.72%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Vedanta LtdEquity65.43 Cr4.96%
HDFC Bank LtdEquity64.9 Cr4.92%
State Bank of IndiaEquity64.73 Cr4.91%
TrepsCash - Repurchase Agreement56.25 Cr4.26%
Coforge LtdEquity53.2 Cr4.03%
ICICI Bank LtdEquity41.12 Cr3.12%
Ami Organics LtdEquity38.78 Cr2.94%
Hindustan Aeronautics Ltd Ordinary SharesEquity35.93 Cr2.72%
NTPC LtdEquity34.15 Cr2.59%
REC LtdEquity31.8 Cr2.41%
Dixon Technologies (India) LtdEquity31.63 Cr2.40%
Coromandel International LtdEquity31.12 Cr2.36%
Prudent Corporate Advisory Services LtdEquity30.94 Cr2.34%
NTPC Green Energy LtdEquity30.03 Cr2.28%
General Insurance Corp of IndiaEquity28.8 Cr2.18%
HEG LtdEquity28.01 Cr2.12%
Swan Energy LtdEquity27.96 Cr2.12%
Siemens LtdEquity26.38 Cr2.00%
Tata Steel LtdEquity26.31 Cr1.99%
Bharti Airtel LtdEquity26.17 Cr1.98%
Tata Power Co LtdEquity25.19 Cr1.91%
UNO Minda LtdEquity23.64 Cr1.79%
Dr Reddy's Laboratories LtdEquity21.74 Cr1.65%
Balrampur Chini Mills LtdEquity21.14 Cr1.60%
Bharat Forge LtdEquity20.93 Cr1.59%
Zaggle Prepaid Ocean Services LtdEquity20.22 Cr1.53%
ABB India LtdEquity19.41 Cr1.47%
Ambuja Cements LtdEquity18.84 Cr1.43%
Deepak Nitrite LtdEquity18.15 Cr1.38%
Oberoi Realty LtdEquity18.01 Cr1.36%
Reliance Industries LtdEquity17.34 Cr1.31%
Triveni Engineering & Industries LtdEquity17.18 Cr1.30%
CMS Info Systems LtdEquity16.61 Cr1.26%
DLF LtdEquity16.6 Cr1.26%
Bank of BarodaEquity15.67 Cr1.19%
Infosys LtdEquity15.55 Cr1.18%
Indian BankEquity15.48 Cr1.17%
Tech Mahindra LtdEquity14.89 Cr1.13%
Varun Beverages LtdEquity14.57 Cr1.10%
KPIT Technologies LtdEquity14.25 Cr1.08%
K.P.R. Mill LtdEquity13.96 Cr1.06%
PNB Housing Finance LtdEquity13.93 Cr1.06%
SBI Life Insurance Co LtdEquity13.78 Cr1.04%
Poly Medicure LtdEquity13.29 Cr1.01%
Sun Pharmaceuticals Industries LtdEquity13.18 Cr1.00%
INOX India LtdEquity12.81 Cr0.97%
Net Receivables / (Payables)Cash12.33 Cr0.93%
Power Finance Corp LtdEquity12.22 Cr0.93%
Jupiter Wagons LtdEquity11.22 Cr0.85%
Central Depository Services (India) LtdEquity10.49 Cr0.80%
Titagarh Rail Systems LtdEquity9.56 Cr0.72%
Maruti Suzuki India LtdEquity8.64 Cr0.65%
Sterling and Wilson Renewable Energy LtdEquity8.29 Cr0.63%
Advanced Enzyme Technologies LtdEquity7.32 Cr0.56%
Axis Bank Ltd.Cash - CD/Time Deposit6.94 Cr0.53%
Blue Star LtdEquity6.62 Cr0.50%
Bharat Heavy Electricals LtdEquity5.84 Cr0.44%
364 DTB 15012026Bond - Gov't/Treasury0.1 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

51.12%

Mid Cap Stocks

20.29%

Small Cap Stocks

22.86%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services343.87 Cr26.06%
Basic Materials205.97 Cr15.61%
Industrials200.34 Cr15.18%
Technology158.03 Cr11.98%
Utilities89.37 Cr6.77%
Consumer Cyclical67.17 Cr5.09%
Consumer Defensive52.89 Cr4.01%
Healthcare48.22 Cr3.65%
Real Estate34.62 Cr2.62%
Communication Services26.17 Cr1.98%
Energy17.34 Cr1.31%

Risk & Performance Ratios

Standard Deviation

This fund

17.57%

Cat. avg.

14.49%

Lower the better

Sharpe Ratio

This fund

0.61

Cat. avg.

0.57

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.94

Higher the better

Fund Managers

AS

Alok Singh

Since April 2022

Additional Scheme Detailsas of 31st March 2025

ISIN
INF761K01884
Expense Ratio
0.84%
Exit Load
No Charges
Fund Size
₹1,320 Cr
Age
12 years 3 months
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
BSE 500 India TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
Bajaj Finserv ELSS Tax Saver Fund Regular Growth

Low Risk

2.3%0.0%₹33.17 Cr-
Bajaj Finserv ELSS Tax Saver Fund Direct Growth

Low Risk

0.5%0.0%₹33.17 Cr-
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹154.96 Cr7.8%
Sundaram Long Term Tax Advantage Fund Series I Regular Growth

High Risk

1.4%0.0%₹19.18 Cr8.0%
Bank of India Midcap Tax Fund Series 1 Direct Growth

Very High Risk

-0.0%₹56.79 Cr-2.5%
SBI Long Term Advantage Fund Series II Regular Growth

Very High Risk

-0.0%₹34.17 Cr6.4%
SBI Long Term Advantage Fund Series II Direct Growth

Very High Risk

-0.0%₹34.17 Cr6.8%
Bank of India Midcap Tax Fund Series 1 Regular Growth

Very High Risk

-0.0%₹56.79 Cr-2.8%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth

High Risk

1.4%0.0%₹19.18 Cr8.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth

Very High Risk

1.4%0.0%₹27.20 Cr1.5%

About the AMC

BOI Mutual Fund

BOI Mutual Fund

Total AUM

₹9,585 Cr

Address

B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013

Other Funds by BOI Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bank of India Midcap Tax Fund Series 1 Direct Growth

Very High Risk

-0.0%₹56.79 Cr-2.5%
Bank of India Midcap Tax Fund Series 2 Direct Growth

Very High Risk

-0.0%₹29.90 Cr-1.4%
Bank of India Mid & Small Cap Equity & Debt Direct Growth

Very High Risk

0.8%1.0%₹1067.62 Cr5.7%
Bank of India Conservative Hybrid Fund Direct Growth

Moderately High risk

1.1%1.0%₹66.49 Cr5.1%
Bank of India Balanced Advantage Fund Direct Growth

Very High Risk

1.2%1.0%₹132.04 Cr2.6%
Bank of India Multi Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹778.03 Cr6.7%
Bank of India Bluechip Fund Direct Growth

Very High Risk

0.9%1.0%₹184.13 Cr0.3%
Bank of India Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1962.03 Cr3.1%
Bank of India Large & Mid Cap Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹362.39 Cr3.8%
Bank of India Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹1523.92 Cr7.4%
Bank of India S/T Income Direct Growth

Moderate Risk

0.5%0.0%₹114.11 Cr10.9%
Bank of India Manufacturing and Infrastructure fund Direct Growth

Very High Risk

0.7%1.0%₹513.93 Cr4.0%
Bank of India Tax Advantage Fund Direct Growth

Very High Risk

0.8%0.0%₹1319.59 Cr-1.1%
Bank of India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹154.61 Cr7.5%
Bank of India Credit Risk Fund Direct Growth

High Risk

1.0%4.0%₹110.06 Cr5.9%
Bank of India Small Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1574.18 Cr11.0%
Bank of India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹41.29 Cr6.7%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.5%0.0%₹43.72 Cr7.5%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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The NAV of Bank of India Tax Advantage Fund Direct Growth, as of 17-Apr-2025, is ₹174.09.
The fund has generated -1.12% over the last 1 year and 16.51% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 94.27% in equities, 0.01% in bonds, and 5.72% in cash and cash equivalents.
The fund managers responsible for Bank of India Tax Advantage Fund Direct Growth are:-
  1. Alok Singh

Fund Overview

Fund Size

Fund Size

₹1,320 Cr

Expense Ratio

Expense Ratio

0.84%

ISIN

ISIN

INF761K01884

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

About this fund

Bank of India Tax Advantage Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 12 years, 3 months and 18 days, having been launched on 01-Jan-13.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹174.09, Assets Under Management (AUM) of 1319.59 Crores, and an expense ratio of 0.84%.
  • Bank of India Tax Advantage Fund Direct Growth has given a CAGR return of 17.75% since inception.
  • The fund's asset allocation comprises around 94.27% in equities, 0.01% in debts, and 5.72% in cash & cash equivalents.
  • You can start investing in Bank of India Tax Advantage Fund 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

-1.12%

+7.02% (Cat Avg.)

3 Years

+16.51%

+14.56% (Cat Avg.)

5 Years

+26.61%

+23.66% (Cat Avg.)

10 Years

+15.89%

+12.82% (Cat Avg.)

Since Inception

+17.75%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Equity1,243.98 Cr94.27%
Debt0.1 Cr0.01%
Others75.52 Cr5.72%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Vedanta LtdEquity65.43 Cr4.96%
HDFC Bank LtdEquity64.9 Cr4.92%
State Bank of IndiaEquity64.73 Cr4.91%
TrepsCash - Repurchase Agreement56.25 Cr4.26%
Coforge LtdEquity53.2 Cr4.03%
ICICI Bank LtdEquity41.12 Cr3.12%
Ami Organics LtdEquity38.78 Cr2.94%
Hindustan Aeronautics Ltd Ordinary SharesEquity35.93 Cr2.72%
NTPC LtdEquity34.15 Cr2.59%
REC LtdEquity31.8 Cr2.41%
Dixon Technologies (India) LtdEquity31.63 Cr2.40%
Coromandel International LtdEquity31.12 Cr2.36%
Prudent Corporate Advisory Services LtdEquity30.94 Cr2.34%
NTPC Green Energy LtdEquity30.03 Cr2.28%
General Insurance Corp of IndiaEquity28.8 Cr2.18%
HEG LtdEquity28.01 Cr2.12%
Swan Energy LtdEquity27.96 Cr2.12%
Siemens LtdEquity26.38 Cr2.00%
Tata Steel LtdEquity26.31 Cr1.99%
Bharti Airtel LtdEquity26.17 Cr1.98%
Tata Power Co LtdEquity25.19 Cr1.91%
UNO Minda LtdEquity23.64 Cr1.79%
Dr Reddy's Laboratories LtdEquity21.74 Cr1.65%
Balrampur Chini Mills LtdEquity21.14 Cr1.60%
Bharat Forge LtdEquity20.93 Cr1.59%
Zaggle Prepaid Ocean Services LtdEquity20.22 Cr1.53%
ABB India LtdEquity19.41 Cr1.47%
Ambuja Cements LtdEquity18.84 Cr1.43%
Deepak Nitrite LtdEquity18.15 Cr1.38%
Oberoi Realty LtdEquity18.01 Cr1.36%
Reliance Industries LtdEquity17.34 Cr1.31%
Triveni Engineering & Industries LtdEquity17.18 Cr1.30%
CMS Info Systems LtdEquity16.61 Cr1.26%
DLF LtdEquity16.6 Cr1.26%
Bank of BarodaEquity15.67 Cr1.19%
Infosys LtdEquity15.55 Cr1.18%
Indian BankEquity15.48 Cr1.17%
Tech Mahindra LtdEquity14.89 Cr1.13%
Varun Beverages LtdEquity14.57 Cr1.10%
KPIT Technologies LtdEquity14.25 Cr1.08%
K.P.R. Mill LtdEquity13.96 Cr1.06%
PNB Housing Finance LtdEquity13.93 Cr1.06%
SBI Life Insurance Co LtdEquity13.78 Cr1.04%
Poly Medicure LtdEquity13.29 Cr1.01%
Sun Pharmaceuticals Industries LtdEquity13.18 Cr1.00%
INOX India LtdEquity12.81 Cr0.97%
Net Receivables / (Payables)Cash12.33 Cr0.93%
Power Finance Corp LtdEquity12.22 Cr0.93%
Jupiter Wagons LtdEquity11.22 Cr0.85%
Central Depository Services (India) LtdEquity10.49 Cr0.80%
Titagarh Rail Systems LtdEquity9.56 Cr0.72%
Maruti Suzuki India LtdEquity8.64 Cr0.65%
Sterling and Wilson Renewable Energy LtdEquity8.29 Cr0.63%
Advanced Enzyme Technologies LtdEquity7.32 Cr0.56%
Axis Bank Ltd.Cash - CD/Time Deposit6.94 Cr0.53%
Blue Star LtdEquity6.62 Cr0.50%
Bharat Heavy Electricals LtdEquity5.84 Cr0.44%
364 DTB 15012026Bond - Gov't/Treasury0.1 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

51.12%

Mid Cap Stocks

20.29%

Small Cap Stocks

22.86%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services343.87 Cr26.06%
Basic Materials205.97 Cr15.61%
Industrials200.34 Cr15.18%
Technology158.03 Cr11.98%
Utilities89.37 Cr6.77%
Consumer Cyclical67.17 Cr5.09%
Consumer Defensive52.89 Cr4.01%
Healthcare48.22 Cr3.65%
Real Estate34.62 Cr2.62%
Communication Services26.17 Cr1.98%
Energy17.34 Cr1.31%

Risk & Performance Ratios

Standard Deviation

This fund

17.57%

Cat. avg.

14.49%

Lower the better

Sharpe Ratio

This fund

0.61

Cat. avg.

0.57

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.94

Higher the better

Fund Managers

AS

Alok Singh

Since April 2022

Additional Scheme Detailsas of 31st March 2025

ISIN
INF761K01884
Expense Ratio
0.84%
Exit Load
No Charges
Fund Size
₹1,320 Cr
Age
12 years 3 months
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
BSE 500 India TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
Bajaj Finserv ELSS Tax Saver Fund Regular Growth

Low Risk

2.3%0.0%₹33.17 Cr-
Bajaj Finserv ELSS Tax Saver Fund Direct Growth

Low Risk

0.5%0.0%₹33.17 Cr-
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹154.96 Cr7.8%
Sundaram Long Term Tax Advantage Fund Series I Regular Growth

High Risk

1.4%0.0%₹19.18 Cr8.0%
Bank of India Midcap Tax Fund Series 1 Direct Growth

Very High Risk

-0.0%₹56.79 Cr-2.5%
SBI Long Term Advantage Fund Series II Regular Growth

Very High Risk

-0.0%₹34.17 Cr6.4%
SBI Long Term Advantage Fund Series II Direct Growth

Very High Risk

-0.0%₹34.17 Cr6.8%
Bank of India Midcap Tax Fund Series 1 Regular Growth

Very High Risk

-0.0%₹56.79 Cr-2.8%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth

High Risk

1.4%0.0%₹19.18 Cr8.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth

Very High Risk

1.4%0.0%₹27.20 Cr1.5%

About the AMC

BOI Mutual Fund

BOI Mutual Fund

Total AUM

₹9,585 Cr

Address

B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013

Other Funds by BOI Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bank of India Midcap Tax Fund Series 1 Direct Growth

Very High Risk

-0.0%₹56.79 Cr-2.5%
Bank of India Midcap Tax Fund Series 2 Direct Growth

Very High Risk

-0.0%₹29.90 Cr-1.4%
Bank of India Mid & Small Cap Equity & Debt Direct Growth

Very High Risk

0.8%1.0%₹1067.62 Cr5.7%
Bank of India Conservative Hybrid Fund Direct Growth

Moderately High risk

1.1%1.0%₹66.49 Cr5.1%
Bank of India Balanced Advantage Fund Direct Growth

Very High Risk

1.2%1.0%₹132.04 Cr2.6%
Bank of India Multi Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹778.03 Cr6.7%
Bank of India Bluechip Fund Direct Growth

Very High Risk

0.9%1.0%₹184.13 Cr0.3%
Bank of India Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1962.03 Cr3.1%
Bank of India Large & Mid Cap Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹362.39 Cr3.8%
Bank of India Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹1523.92 Cr7.4%
Bank of India S/T Income Direct Growth

Moderate Risk

0.5%0.0%₹114.11 Cr10.9%
Bank of India Manufacturing and Infrastructure fund Direct Growth

Very High Risk

0.7%1.0%₹513.93 Cr4.0%
Bank of India Tax Advantage Fund Direct Growth

Very High Risk

0.8%0.0%₹1319.59 Cr-1.1%
Bank of India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹154.61 Cr7.5%
Bank of India Credit Risk Fund Direct Growth

High Risk

1.0%4.0%₹110.06 Cr5.9%
Bank of India Small Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1574.18 Cr11.0%
Bank of India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹41.29 Cr6.7%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.5%0.0%₹43.72 Cr7.5%

Still got questions?
We're here to help.

The NAV of Bank of India Tax Advantage Fund Direct Growth, as of 17-Apr-2025, is ₹174.09.
The fund has generated -1.12% over the last 1 year and 16.51% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 94.27% in equities, 0.01% in bonds, and 5.72% in cash and cash equivalents.
The fund managers responsible for Bank of India Tax Advantage Fund Direct Growth are:-
  1. Alok Singh
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