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Bank of India Tax Advantage Fund Regular Growth
EquityELSS (Tax Savings)Very High Risk
Regular
NAV (21-Nov-24)
₹161.48-0.74%1D
Returns (Since Inception)
19.34%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,436 Cr
Expense Ratio
1.96%
ISIN
INF761K01181
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
25 Feb 2009
About this fund
Bank of India Tax Advantage Fund Regular Growth is a ELSS (Tax Savings) mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 15 years, 8 months and 28 days, having been launched on 25-Feb-09.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹161.48, Assets Under Management (AUM) of 1435.90 Crores, and an expense ratio of 1.96%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹161.48, Assets Under Management (AUM) of 1435.90 Crores, and an expense ratio of 1.96%.
- Bank of India Tax Advantage Fund Regular Growth has given a CAGR return of 19.34% since inception.
- The fund's asset allocation comprises around 92.37% in equities, 0.00% in debts, and 7.63% in cash & cash equivalents.
- You can start investing in Bank of India Tax Advantage Fund Regular 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
+30.30%
+27.83% (Cat Avg.)
3 Years
+16.14%
+14.94% (Cat Avg.)
5 Years
+24.42%
+19.25% (Cat Avg.)
10 Years
+16.10%
+13.87% (Cat Avg.)
Since Inception
+19.34%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹1,326.35 Cr | 92.37% |
| Others | ₹109.55 Cr | 7.63% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹80.28 Cr | 5.59% |
| HDFC Bank Ltd | Equity | ₹76.37 Cr | 5.32% |
| State Bank of India | Equity | ₹61.68 Cr | 4.30% |
| Vedanta Ltd | Equity | ₹56.2 Cr | 3.91% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹40.47 Cr | 2.82% |
| NTPC Ltd | Equity | ₹38.98 Cr | 2.71% |
| Ami Organics Ltd | Equity | ₹34.01 Cr | 2.37% |
| General Insurance Corp of India | Equity | ₹31.41 Cr | 2.19% |
| Reliance Industries Ltd | Equity | ₹30.37 Cr | 2.12% |
| Siemens Ltd | Equity | ₹28.6 Cr | 1.99% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹28.45 Cr | 1.98% |
| Tata Power Co Ltd | Equity | ₹27.59 Cr | 1.92% |
| UNO Minda Ltd | Equity | ₹26.55 Cr | 1.85% |
| Coromandel International Ltd | Equity | ₹26.2 Cr | 1.82% |
| ICICI Bank Ltd | Equity | ₹25.97 Cr | 1.81% |
| Coforge Ltd | Equity | ₹25.85 Cr | 1.80% |
| Tata Steel Ltd | Equity | ₹25.34 Cr | 1.77% |
| Dixon Technologies (India) Ltd | Equity | ₹25.31 Cr | 1.76% |
| HEG Ltd | Equity | ₹25.07 Cr | 1.75% |
| Oil India Ltd | Equity | ₹24.37 Cr | 1.70% |
| Deepak Nitrite Ltd | Equity | ₹24.12 Cr | 1.68% |
| Jio Financial Services Ltd | Equity | ₹23.21 Cr | 1.62% |
| Swan Energy Ltd | Equity | ₹21.69 Cr | 1.51% |
| Bharat Forge Ltd | Equity | ₹21.15 Cr | 1.47% |
| REC Ltd | Equity | ₹20.9 Cr | 1.46% |
| Tata Consultancy Services Ltd | Equity | ₹20.64 Cr | 1.44% |
| Dr Reddy's Laboratories Ltd | Equity | ₹19.75 Cr | 1.38% |
| Balrampur Chini Mills Ltd | Equity | ₹19.65 Cr | 1.37% |
| CMS Info Systems Ltd | Equity | ₹19.34 Cr | 1.35% |
| Kotak Mahindra Bank Ltd | Equity | ₹19.22 Cr | 1.34% |
| ABB India Ltd | Equity | ₹18.57 Cr | 1.29% |
| Triveni Engineering & Industries Ltd | Equity | ₹18.54 Cr | 1.29% |
| Tata Technologies Ltd | Equity | ₹18.11 Cr | 1.26% |
| K.P.R. Mill Ltd | Equity | ₹17.75 Cr | 1.24% |
| Indian Bank | Equity | ₹16.95 Cr | 1.18% |
| Tech Mahindra Ltd | Equity | ₹16.89 Cr | 1.18% |
| Larsen & Toubro Ltd | Equity | ₹16.66 Cr | 1.16% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹16.64 Cr | 1.16% |
| Varun Beverages Ltd | Equity | ₹16.14 Cr | 1.12% |
| HCL Technologies Ltd | Equity | ₹15.89 Cr | 1.11% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹15.79 Cr | 1.10% |
| Jupiter Wagons Ltd | Equity | ₹15.67 Cr | 1.09% |
| KPIT Technologies Ltd | Equity | ₹15.19 Cr | 1.06% |
| Titagarh Rail Systems Ltd | Equity | ₹14.66 Cr | 1.02% |
| INOX India Ltd | Equity | ₹14.56 Cr | 1.01% |
| Poly Medicure Ltd | Equity | ₹14.3 Cr | 1.00% |
| Bank of Baroda | Equity | ₹14.3 Cr | 1.00% |
| Bharti Airtel Ltd | Equity | ₹14.19 Cr | 0.99% |
| UltraTech Cement Ltd | Equity | ₹13.28 Cr | 0.92% |
| Hero MotoCorp Ltd | Equity | ₹12.97 Cr | 0.90% |
| Advanced Enzyme Technologies Ltd | Equity | ₹12.4 Cr | 0.86% |
| Kotak Mahindra Bank Limited (15/01/2025) ** # | Cash | ₹12.32 Cr | 0.86% |
| Canara Bank (16/01/2025) ** # | Cash | ₹12.32 Cr | 0.86% |
| DLF Ltd | Equity | ₹11.97 Cr | 0.83% |
| PNB Housing Finance Ltd | Equity | ₹11.41 Cr | 0.79% |
| Central Depository Services (India) Ltd | Equity | ₹10.82 Cr | 0.75% |
| PI Industries Ltd | Equity | ₹10.77 Cr | 0.75% |
| Graphite India Ltd | Equity | ₹10.6 Cr | 0.74% |
| SBI Life Insurance Co Ltd | Equity | ₹10.54 Cr | 0.73% |
| Power Finance Corp Ltd | Equity | ₹10.01 Cr | 0.70% |
| Ambuja Cements Ltd | Equity | ₹9.87 Cr | 0.69% |
| Oberoi Realty Ltd | Equity | ₹9.83 Cr | 0.68% |
| Linde India Ltd | Equity | ₹8.64 Cr | 0.60% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹7.09 Cr | 0.49% |
| IRCON International Ltd | Equity | ₹6.53 Cr | 0.45% |
| Bharat Heavy Electricals Ltd | Equity | ₹6.45 Cr | 0.45% |
| Hdfc Bank Limited (25/07/2025) ** # | Cash | ₹4.74 Cr | 0.33% |
| Union Bank of India | Equity | ₹2.34 Cr | 0.16% |
| Canara Bank | Equity | ₹1.54 Cr | 0.11% |
| Net Receivables / (Payables) | Cash | ₹-0.65 Cr | 0.05% |
| 364 Day T-Bill 30.01.25 | Bond - Gov't/Treasury | ₹0.54 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
49.55%
Mid Cap Stocks
19.81%
Small Cap Stocks
23.01%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹377.14 Cr | 26.27% |
| Industrials | ₹233.95 Cr | 16.29% |
| Basic Materials | ₹220.84 Cr | 15.38% |
| Technology | ₹153.66 Cr | 10.70% |
| Consumer Cyclical | ₹78.43 Cr | 5.46% |
| Utilities | ₹66.57 Cr | 4.64% |
| Energy | ₹54.74 Cr | 3.81% |
| Consumer Defensive | ₹54.33 Cr | 3.78% |
| Healthcare | ₹50.7 Cr | 3.53% |
| Real Estate | ₹21.8 Cr | 1.52% |
| Communication Services | ₹14.19 Cr | 0.99% |
Risk & Performance Ratios
Standard Deviation
This fund
14.63%
Cat. avg.
13.29%
Lower the better
Sharpe Ratio
This fund
0.85
Cat. avg.
0.78
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.39
Higher the better
Fund Managers
AS
Alok Singh
Since April 2022
Additional Scheme Detailsas of 31st October 2024
ISIN INF761K01181 | Expense Ratio 1.96% | Exit Load No Charges | Fund Size ₹1,436 Cr | Age 15 years 8 months | Lumpsum Minimum ₹500 | Fund Status Open Ended 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% | ₹4680.10 Cr | 27.8% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4680.10 Cr | 26.4% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹36533.13 Cr | 23.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4273.94 Cr | 26.8% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4273.94 Cr | 25.4% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹54.03 Cr | 22.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.03 Cr | 20.8% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹388.48 Cr | 31.4% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹388.48 Cr | 29.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1559.54 Cr | 17.6% |
About the AMC
BOI Mutual Fund
Total AUM
₹10,514 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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What is the current NAV of Bank of India Tax Advantage Fund Regular Growth?
The NAV of Bank of India Tax Advantage Fund Regular Growth, as of 21-Nov-2024, is ₹161.48.
What are the returns of Bank of India Tax Advantage Fund Regular Growth?
The fund has generated 30.30% over the last 1 year and 16.14% 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 Tax Advantage Fund Regular Growth?
The fund's allocation of assets is distributed as 92.37% in equities, 0.00% in bonds, and 7.63% in cash and cash equivalents.
Who manages the Bank of India Tax Advantage Fund Regular Growth?
The fund managers responsible for Bank of India Tax Advantage Fund Regular Growth are:-
- Alok Singh
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.