Bank of India Tax Advantage Fund Regular Growth

Fund Overview

Fund Size

₹1,441 Cr

Expense Ratio

1.95%

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, 10 months and 28 days, having been launched on 25-Feb-09.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹156.08, Assets Under Management (AUM) of 1441.45 Crores, and an expense ratio of 1.95%.

Bank of India Tax Advantage Fund Regular Growth has given a CAGR return of 18.86% since inception.
The fund's asset allocation comprises around 97.19% in equities, 0.00% in debts, and 2.81% 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

+11.98%

+14.47% (Cat Avg.)

3 Years

+15.26%

+14.26% (Cat Avg.)

5 Years

+22.56%

+18.26% (Cat Avg.)

10 Years

+15.08%

+13.05% (Cat Avg.)

Since Inception

+18.86%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2024

Equity	₹1,400.97 Cr	97.19%
Others	₹40.47 Cr	2.81%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹78.01 Cr	5.41%
State Bank of India	Equity	₹66.7 Cr	4.63%
Vedanta Ltd	Equity	₹60.13 Cr	4.17%
Coforge Ltd	Equity	₹53.24 Cr	3.69%
Swan Energy Ltd	Equity	₹43.15 Cr	2.99%
NTPC Green Energy Ltd	Equity	₹37.96 Cr	2.63%
General Insurance Corp of India	Equity	₹37.79 Cr	2.62%
Treps	Cash - Repurchase Agreement	₹37.15 Cr	2.58%
ICICI Bank Ltd	Equity	₹36.53 Cr	2.53%
Ami Organics Ltd	Equity	₹35.59 Cr	2.47%
Prudent Corporate Advisory Services Ltd	Equity	₹35.53 Cr	2.46%
Dixon Technologies (India) Ltd	Equity	₹32.29 Cr	2.24%
NTPC Ltd	Equity	₹31.83 Cr	2.21%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹29.67 Cr	2.06%
HEG Ltd	Equity	₹29.59 Cr	2.05%
Coromandel International Ltd	Equity	₹29.52 Cr	2.05%
Siemens Ltd	Equity	₹29.41 Cr	2.04%
Zaggle Prepaid Ocean Services Ltd	Equity	₹29.08 Cr	2.02%
UNO Minda Ltd	Equity	₹28.44 Cr	1.97%
REC Ltd	Equity	₹27.54 Cr	1.91%
Tata Consultancy Services Ltd	Equity	₹27.44 Cr	1.90%
Dr Reddy's Laboratories Ltd	Equity	₹26.38 Cr	1.83%
Infosys Ltd	Equity	₹25.38 Cr	1.76%
Tata Power Co Ltd	Equity	₹24.6 Cr	1.71%
Tata Steel Ltd	Equity	₹23.55 Cr	1.63%
Deepak Nitrite Ltd	Equity	₹22.82 Cr	1.58%
Oberoi Realty Ltd	Equity	₹21.96 Cr	1.52%
Jio Financial Services Ltd	Equity	₹21.51 Cr	1.49%
Tech Mahindra Ltd	Equity	₹21.5 Cr	1.49%
Balrampur Chini Mills Ltd	Equity	₹20.46 Cr	1.42%
Triveni Engineering & Industries Ltd	Equity	₹20.24 Cr	1.40%
DLF Ltd	Equity	₹20.13 Cr	1.40%
Bharat Forge Ltd	Equity	₹19.49 Cr	1.35%
K.P.R. Mill Ltd	Equity	₹18.89 Cr	1.31%
CMS Info Systems Ltd	Equity	₹17.66 Cr	1.22%
ABB India Ltd	Equity	₹17.28 Cr	1.20%
Varun Beverages Ltd	Equity	₹17.24 Cr	1.20%
Sun Pharmaceuticals Industries Ltd	Equity	₹16.98 Cr	1.18%
Larsen & Toubro Ltd	Equity	₹16.6 Cr	1.15%
Tata Technologies Ltd	Equity	₹16.04 Cr	1.11%
KPIT Technologies Ltd	Equity	₹15.97 Cr	1.11%
Poly Medicure Ltd	Equity	₹15.48 Cr	1.07%
Jupiter Wagons Ltd	Equity	₹15.22 Cr	1.06%
Sterling and Wilson Renewable Energy Ltd	Equity	₹15.19 Cr	1.05%
Indian Bank	Equity	₹15.16 Cr	1.05%
INOX India Ltd	Equity	₹14.17 Cr	0.98%
Reliance Industries Ltd	Equity	₹14.1 Cr	0.98%
Bharti Airtel Ltd	Equity	₹13.97 Cr	0.97%
PNB Housing Finance Ltd	Equity	₹13.87 Cr	0.96%
Bank of Baroda	Equity	₹13.71 Cr	0.95%
Titagarh Rail Systems Ltd	Equity	₹13.26 Cr	0.92%
SBI Life Insurance Co Ltd	Equity	₹12.37 Cr	0.86%
Central Depository Services (India) Ltd	Equity	₹12.31 Cr	0.85%
PI Industries Ltd	Equity	₹10.69 Cr	0.74%
Power Finance Corp Ltd	Equity	₹9.87 Cr	0.68%
Advanced Enzyme Technologies Ltd	Equity	₹9.13 Cr	0.63%
Linde India Ltd	Equity	₹6.77 Cr	0.47%
Bharat Heavy Electricals Ltd	Equity	₹6.19 Cr	0.43%
HDFC Bank Limited	Cash - CD/Time Deposit	₹4.8 Cr	0.33%
Union Bank of India	Equity	₹2.41 Cr	0.17%
Net Receivables / (Payables)	Cash	₹-2.02 Cr	0.14%
HCL Technologies Ltd	Equity	₹1.51 Cr	0.10%
Canara Bank	Equity	₹1.5 Cr	0.10%
364 Day T-Bill 30.01.25	Bond - Gov't/Treasury	₹0.55 Cr	0.04%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹384.79 Cr	26.70%
Technology	₹237.63 Cr	16.49%
Industrials	₹232.19 Cr	16.11%
Basic Materials	₹198.2 Cr	13.75%
Utilities	₹94.4 Cr	6.55%
Consumer Cyclical	₹66.82 Cr	4.64%
Healthcare	₹58.84 Cr	4.08%
Consumer Defensive	₹57.94 Cr	4.02%
Real Estate	₹42.09 Cr	2.92%
Energy	₹14.1 Cr	0.98%
Communication Services	₹13.97 Cr	0.97%

Risk & Performance Ratios

Fund Managers

Alok Singh

Since April 2022

Additional Scheme Detailsas of 31st December 2024

ISIN

INF761K01181

Expense Ratio

1.95%

Exit Load

No Charges

Fund Size

₹1,441 Cr

Age

15 years 10 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%	₹4640.66 Cr	15.7%
Tata India Tax Savings Fund Regular Growth Very High Risk	1.8%	0.0%	₹4640.66 Cr	14.5%
Axis Long Term Equity Fund Regular Growth Very High Risk	1.5%	0.0%	₹35953.73 Cr	12.8%
Parag Parikh Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹4506.61 Cr	15.9%
Parag Parikh Tax Saver Fund Regular Growth Very High Risk	1.7%	0.0%	₹4506.61 Cr	14.7%
Shriram Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹54.59 Cr	3.3%
Shriram Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹54.59 Cr	1.6%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.6%	0.0%	₹396.89 Cr	11.5%
ITI Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹396.89 Cr	9.5%
Sundaram Diversified Equity Regular Growth Very High Risk	2.2%	0.0%	₹1528.93 Cr	8.2%

About the AMC

BOI Mutual Fund

+91 22 40479000

https://www.boimf.in/

Total AUM

₹10,511 Cr

Address

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

Other Funds by BOI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk	-	0.0%	₹66.47 Cr	10.4%
Bank of India Midcap Tax Fund Series 2 Direct Growth Very High Risk	-	0.0%	₹34.67 Cr	10.7%
Bank of India Mid & Small Cap Equity & Debt Direct Growth Very High Risk	0.8%	1.0%	₹1107.71 Cr	16.2%
Bank of India Conservative Hybrid Fund Direct Growth Moderately High risk	1.1%	1.0%	₹65.87 Cr	6.1%
Bank of India Balanced Advantage Fund Direct Growth Very High Risk	1.2%	1.0%	₹133.01 Cr	4.4%
Bank of India Multi Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹767.19 Cr	15.6%
Bank of India Bluechip Fund Direct Growth Very High Risk	0.9%	1.0%	₹193.60 Cr	6.1%
Bank of India Flexi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹2096.09 Cr	19.2%
Bank of India Large & Mid Cap Equity Fund Direct Growth Very High Risk	1.2%	1.0%	₹367.03 Cr	12.6%
Bank of India Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1314.69 Cr	7.4%
Bank of India S/T Income Direct Growth Moderate Risk	0.5%	0.0%	₹84.91 Cr	9.8%
Bank of India Manufacturing and Infrastructure fund Direct Growth Very High Risk	0.7%	1.0%	₹536.92 Cr	19.4%
Bank of India Tax Advantage Fund Direct Growth Very High Risk	0.8%	0.0%	₹1441.45 Cr	13.2%
Bank of India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹230.85 Cr	7.2%
Bank of India Credit Risk Fund Direct Growth Moderately High risk	1.0%	4.0%	₹114.41 Cr	6.3%
Bank of India Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1658.26 Cr	20.5%
Bank of India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹40.83 Cr	6.8%
Bank of India Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹39.55 Cr	7.5%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

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-Jan-2025, is ₹156.08.

What are the returns of Bank of India Tax Advantage Fund Regular Growth?

The fund has generated 11.98% over the last 1 year and 15.26% 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 97.19% in equities, 0.00% in bonds, and 2.81% 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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Fund Overview

Fund Size

₹1,441 Cr

Expense Ratio

1.95%

ISIN

INF761K01181

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

25 Feb 2009

Risk Level

Your principal amount will be at Very High Risk