Bank of India Midcap Tax Fund Series 2 Direct Growth
Get the latest NAV of Bank of India Midcap Tax Fund Series 2 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.
₹33.40
1D
NAV as on 13 Jun 2025
19.88%/per year
Since Inception
▲▼
Bank of India Midcap Tax Fund Series 2 Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (13-Jun-25)
The fund has outperformed the benchmark (Nifty 500) over 3Y, 5Y, but underperformed over 1Y.
Peer comparison
Bank of India Midcap Tax Fund Series 2 Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Bank of India Midcap Tax Fund Series 2 Asset Allocation
See fund asset allocation details as on (14-Jun-25)
Fund Distribution
as on (14-Jun-25)
Equity 96.7%
Debt & Cash 3.3%
Bank of India Midcap Tax Fund Series 2 Sector Allocation
See fund sector allocation details as on (14-Jun-25)
Sector Allocation
Equity 96.7%
Debt & Cash 3.3%
Top 3 Sectors in May were Financial Services, Basic Materials & Industrial
Financial Services
29%
Basic Materials
15%
Industrial
14%
Financial Services
30%
Basic Materials
14%
Industrial
14%
Bank of India Midcap Tax Fund Series 2 Holdings Details
as on (31-May-25)
Equity
Bank of India Midcap Tax Fund Series 2 Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 1.42% |
Benchmark | BSE 500 India TR INR |
| AUM | ₹30 Cr |
| Inception Date | 19 October, 2018 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 53.16% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About Bank of India Midcap Tax Fund Series 2
Bank of India Midcap Tax Fund Series 2 Direct Growth is an equity fund. This fund was started on 19 October, 2018. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Bank of India Midcap Tax Fund Series 2 Direct Growth has ₹30 Cr worth of assets under management (AUM) as on May 2025 and is less than category average.
- The fund has an expense ratio 1.4.
Returns
Bank of India Midcap Tax Fund Series 2 Direct Growth has given a CAGR return of 19.88% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.63%, 23.60% and 26.53% respectively.
Holdings
Bank of India Midcap Tax Fund Series 2 Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Industrial, Tech, Consumer Cyclical, Health, Real Estate, Consumer Defensive, Energy. Its top holdings are UNO Minda Ltd, Indian Bank, HDFC Bank Ltd, Coforge Ltd, PB Fintech Ltd
Taxation
As it is a equity - other 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 benefitDividends 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 Midcap Tax Fund Series 2 Direct Growth
"The scheme seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related securities of midcap companies along with income tax benefit.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 0.00. Bank of India Midcap Tax Fund Series 2 Direct Growth has no lock in period.
- AUM of the fund stands at 30.3 Cr as of May'25
- AUM has remained same between May'25 and Apr'25
More funds from BOI AXA
5Y CAGR
▲ 33.89
5Y CAGR
▲ 37.44
3Y CAGR
▲ 27.62
5Y CAGR
▲ 27.35
Frequently Asked Questions for Bank of India Midcap Tax Fund Series 2 Direct Growth
How do I invest in Bank of India Midcap Tax Fund Series 2?
- Download the INDmoney app.
- Search for ‘Bank of India Midcap Tax Fund Series 2’.
- 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.