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3 Year return

24.79%
Launched on January 2013 (12 years)

Investment Details

₹500

Minimum SIP Amount

₹500

Minimum one time investment

Fund has 3 years period

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1398.4 Cr.

Expense Ratio

0.82% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
3

Ratings by other agencies

4
4
4

Tax Implications

Withdrawal after 3 years:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings
Top Holdings% of Asset
HDFC Bank Ltd5.16%
State Bank of India5.00%
Vedanta Ltd4.47%
Coforge Ltd3.62%
Hindustan Aeronautics Ltd3.56%
Others78.19%
Other Holdings% of Asset
ICICI Bank Ltd3.55%
Dixon Technologies (India) Ltd2.98%
Acutaas Chemicals Ltd2.71%
Coromandel International Ltd2.63%
Bharti Airtel Ltd2.62%
NTPC Ltd2.56%
Ambuja Cements Ltd2.39%
REC Ltd2.35%
NTPC Green Energy Ltd2.27%
Prudent Corporate Advisory Services Ltd2.22%
General Insurance Corporation of India2.16%
HEG Ltd2.04%
Swan Energy Ltd1.97%
Tata Power Company Ltd1.95%
Uno Minda Ltd1.82%
Tata Steel Ltd1.81%
Dr Reddys Laboratories Ltd1.70%
Balrampur Chini Mills Ltd1.61%
Bank of Baroda1.60%
Bharat Forge Ltd1.49%
ABB India Ltd1.46%
Reliance Industries Ltd1.44%
Triveni Engineering and Industries Ltd1.38%
Indian Bank1.37%
Zaggle Prepaid Ocean Services Ltd1.36%
Oberoi Realty Ltd1.36%
Deepak Nitrite Ltd1.34%
Interglobe Aviation Ltd1.27%
Avenue Supermarts Ltd1.24%
DLF Ltd1.24%
Bharat Electronics Ltd1.23%
PNB Housing Finance Ltd1.21%
CMS Info Systems Ltd1.20%
SBI Life Insurance Company Ltd1.19%
K P R Mill Ltd1.16%
Poly Medicure Ltd1.15%
Siemens Ltd1.10%
Varun Beverages Ltd1.07%
Sun Pharmaceutical Industries Ltd1.05%
Inox India Ltd0.96%
Power Finance Corporation Ltd0.91%
Central Depository Services (India) Ltd0.86%
Jupiter Wagons Ltd0.81%
Maruti Suzuki India Ltd0.69%
Sterling & Wilson Renewable Energy Ltd0.68%
Titagarh Rail Systems Ltd0.68%
Advanced Enzyme Technologies Ltd0.57%
Adani Ports & Special Economic Zone Ltd0.51%
Bharat Heavy Electricals Ltd0.46%
Blue Star Ltd0.40%

Bank of India Mutual Fund Managers

AS

Alok Singh

Fund Manager since Apr 2022

View Details

Fund House Details

Bank of India Mutual Fund

Bank of India Mutual Fund Asset management company

AUM ₹11,518.36 Cr.
No. of Schemes 71
Setup Date March 2008

Peer Comparison

Comparison with other similar funds

Funds
3 Y Returns
ARQ Rating

Motilal Oswal ELSS Tax Saver Fund

33.4861%

2.5

SBI ELSS Tax Saver Fund

30.3608%

5

Quant ELSS Tax Saver Fund

23.3847%

3.5

Schemes by Bank of India Mutual Fund

List of mutual fund schemes by AMC

Key Features of The Fund

5-year return 26.61%
Expense Ratio 0.82%
Fund Manager Alok Singh
Fund Size ₹1398.4 Cr
Risk Profile Very High

AMC Contact Details

Name Bank of India Mutual Fund
Launch Date March 2008
Addresss Bank of India Investment Managers Private Limited, B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013.
Contact 022-612490001800 - 266 - 2676 1800 - 103 – 226391-22-61249024
Email service@boimf.in
Website https://www.boimf.in/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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Compound growth and steady contributions through SIPs balance the negative effects of inflation, guaranteeing that your money increases faster than inflation. Use Angel One's free SIP calculator online to estimate potential returns and plan your inflation-hedging investment strategy effectively.

FAQs

What is today's NAV of Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Bank of India ELSS Tax Saver Direct Plan IDCW Payout on Jul 03 2025, is ₹75.3

What is the AUM of Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Bank of India ELSS Tax Saver Direct Plan IDCW Payout, is ₹1398.4 crore.

What is the expense ratio of Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Bank of India ELSS Tax Saver Direct Plan IDCW Payout is 0.82%

What are the returns of Bank of India ELSS Tax Saver Direct Plan IDCW Payout since inception?

The Bank of India ELSS Tax Saver Direct Plan IDCW Payout was launched on Jan 01 2013. The fund has delivered a CAGR of 18 since inception.

What is the minimum SIP amount to invest in Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Bank of India ELSS Tax Saver Direct Plan IDCW Payout is ₹500.

How do I invest in Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

FAQs

What is today's NAV of Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Bank of India ELSS Tax Saver Direct Plan IDCW Payout on Jul 03 2025, is ₹75.3

What is the AUM of Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Bank of India ELSS Tax Saver Direct Plan IDCW Payout, is ₹1398.4 crore.

What is the expense ratio of Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Bank of India ELSS Tax Saver Direct Plan IDCW Payout is 0.82%

What are the returns of Bank of India ELSS Tax Saver Direct Plan IDCW Payout since inception?

The Bank of India ELSS Tax Saver Direct Plan IDCW Payout was launched on Jan 01 2013. The fund has delivered a CAGR of 18 since inception.

What is the minimum SIP amount to invest in Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Bank of India ELSS Tax Saver Direct Plan IDCW Payout is ₹500.

How do I invest in Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Bank of India ELSS Tax Saver Direct Plan IDCW Payout?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.