Bank of India ELSS Tax Saver Fund Direct Growth

Bank of India ELSS Tax Saver Fund Direct Growth

Equity

BOI AXA Mutual Fund

Elss (Tax Savings)

Get the latest NAV of Bank of India ELSS Tax Saver Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹189.34

▲0.8%1D

NAV as on 27 Jun 2025

18.24%/per year

Since Inception

Absolute Gain%

▲▼

2456 people have invested ₹ 67.6L in Bank of India ELSS Tax Saver Fund Direct Growth in the last three months

Bank of India ELSS Tax Saver Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (27-Jun-25)

The fund has outperformed the benchmark (Nifty 500) over 3Y, 5Y, but underperformed over 1Y.

Period
This Fund
Nifty 500
Category Avg
1 Month
2.51%
3.52%
3.62%
3 Months
8.49%
10.33%
9.74%
6 Months
-3.11%
5.23%
2.81%
1 Year
-3.51%
4.8%
4.94%
3 Years
25.11%
20.66%
22.3%
5 Years
27.07%
22.51%
23.63%

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Bank of India ELSS Tax Saver Fund
-
1,398Cr
0.82%
-3.51%
25.11%
18.24%
Parag Parikh ELSS Tax Saver Fund Direct Growth
1/23
5,294Cr
0.62%
14.56%
24.02%
23.42%
SBI Long Term Equity Fund Direct Growth
2/23
29,667Cr
0.93%
6.32%
30.68%
17.01%
HDFC ELSS TaxSaver Fund Direct Growth
3/23
16,454Cr
1.05%
9.61%
27.7%
15.84%
See all
Positive: 5Y returns in the top 25% of the category
5Y returns in the top 25% of the category
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: No bad points found for this fund.
No bad points found for this fund.

Bank of India ELSS Tax Saver Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Bank of India ELSS Tax Saver Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 95.8%

Debt & Cash 4.2%

Large cap
51.3%
Small cap
24.7%
Mid cap
19%
Small Cap allocation has gone up from 22.6% to 24.7%
Small Cap allocation has gone up from 22.6% to 24.7%
Mid Cap allocation has gone down from 19.6% to 19%
Mid Cap allocation has gone down from 19.6% to 19%
Large Cap allocation has gone down from 55.4% to 51.3%
Large Cap allocation has gone down from 55.4% to 51.3%
Cash allocation has gone up from 1.5% to 4.2%
Cash allocation has gone up from 1.5% to 4.2%
Debt allocation has gone down from 0% to 0%
Debt allocation has gone down from 0% to 0%

Bank of India ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 95.8%

Debt & Cash 4.2%

Financial Services
28.6%
Industrial
18%
Basic Materials
15.6%
Tech
12.8%
Consumer Cyclical
5.8%
Utilities
4.4%
Energy
4%
Consumer Defensive
3.9%
Health
3.9%
Real Estate
2%
Communication
1%

Top 3 Sectors in May were Financial Services, Industrial & Basic Materials

May'25

Financial Services

27%

Industrial

20%

Basic Materials

17%

Apr'25

Financial Services

28%

Industrial

18%

Basic Materials

16%

Bank of India ELSS Tax Saver Fund Holdings Details

as on (31-May-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
State Bank of India
4.87%
0%
Vedanta Ltd
4.4%
0%
Coforge Ltd
4.01%
0%
HDFC Bank Ltd
3.96%
-19.7%
Hindustan Aeronautics Ltd Ordinary Shares
3.73%
0%
See all
Top Stocks bought last month
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 1.67% to 3.73%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 1.67% to 3.73%
PNB Housing Finance Ltd's allocation increased from 1.21% to 1.89%
PNB Housing Finance Ltd's allocation increased from 1.21% to 1.89%
Prudent Corporate Advisory Services Ltd's allocation increased from 2.22% to 2.8%
Prudent Corporate Advisory Services Ltd's allocation increased from 2.22% to 2.8%
Top Stocks sold last month
State Bank of India's allocation decreased from 5 % to 4.87 %
State Bank of India's allocation decreased from 5 % to 4.87 %
Vedanta Ltd's allocation decreased from 4.47 % to 4.4 %
Vedanta Ltd's allocation decreased from 4.47 % to 4.4 %
HDFC Bank Ltd's allocation decreased from 5.16 % to 3.96 %
HDFC Bank Ltd's allocation decreased from 5.16 % to 3.96 %

Bank of India ELSS Tax Saver Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.82%
Benchmark
BSE 500 India TR INR
AUM₹1398 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
100.69%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Bank of India ELSS Tax Saver Fund

Bank of India ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Bank of India ELSS Tax Saver Fund Direct Growth has ₹1398 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

Bank of India ELSS Tax Saver Fund Direct Growth has given a CAGR return of 18.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -3.51%, 25.11% and 27.07% respectively.

Holdings

Bank of India ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Tech, Utilities, Consumer Cyclical, Consumer Defensive, Real Estate, Health, Communication, Energy, Government. Its top holdings are State Bank of India, Vedanta Ltd, Coforge Ltd, HDFC Bank Ltd, Hindustan Aeronautics Ltd Ordinary Shares

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Bank of India ELSS Tax Saver Fund Direct Growth

The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.(There can be no assurance that the investment objectives of the Scheme will be realized).

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Bank of India ELSS Tax Saver Fund Direct Growth of 3 Years

Learn more about BOI AXA Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 1.4K Cr
₹ 1.3K Cr
₹ 1.3K Cr
  • AUM of the fund stands at 1.4K Cr as of May'25
  • AUM increased by 74.5 Cr between May'25 and Apr'25

Compare Bank of India ELSS Tax Saver Fund

Bank of India ELSS Tax Saver Fund

VS

Axis ELSS Tax Saver Fund Direct Growth

Frequently Asked Questions for Bank of India ELSS Tax Saver Fund Direct Growth

How do I invest in Bank of India ELSS Tax Saver Fund?

INDmoney makes it simple to invest in the Bank of India ELSS Tax Saver Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Bank of India ELSS Tax Saver Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Bank of India ELSS Tax Saver Fund?

The NAV of the fund today is ₹189.34. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Bank of India ELSS Tax Saver Fund fund has generated a return of -3.51% in 1 year, 25.11% in 3 years, 27.07% in 5 years.

Who is the fund manager of Bank of India ELSS Tax Saver Fund?

The fund managers are .

What is the exit load of the fund?

The exit load is . Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.82%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1398 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Bank of India ELSS Tax Saver Fund?

The top 3 holdings of the fund are State Bank of India(4.87%), Vedanta Ltd(4.4%), Coforge Ltd(4.01%)