Pros | - | ![]() Larger AUM within category. ![]() Beats FD returns for both 3Y & 5Y. | ||
Cons | - | ![]() Has not generated consistent returns. ![]() Does not beat the benchmark consistently. ![]() Highly volatile within category. |
INDMoney rank | - | 22/23 | ||
Category,Subcateogry | Equity,Elss (Tax Savings) | Equity,Elss (Tax Savings) | ||
Fund Age | 7 Years | 12 Years | ||
Fund Size | 64 Cr | 35172 Cr | ||
Min Investment | Lumpsum ₹500 | SIP ₹500 Lumpsum ₹500 | ||
Expense Ratio | 1.1% | 0.8% | ||
Exit Load | 0% | 0% | ||
Benchmark Index | BSE 500 India TR INR | Nifty 500 TR INR |
No of Holdings | 50 | 94 | ||
Top 5 Holdings | UNO Minda Ltd (4.6%) Coforge Ltd (4.6%) Dixon Technologies (India) Ltd (4.1%) Indian Bank (3.88%) Hitachi Energy India Ltd Ordinary Shares (3.67%) | HDFC Bank Ltd (8.5%) ICICI Bank Ltd (6.47%) Bharti Airtel Ltd (4.28%) Bajaj Finance Ltd (4.08%) Infosys Ltd (3.13%) | ||
No of Sectors | 10 | 11 | ||
Top 3 Sectors | Financial Services (27.32%) Consumer Cyclical (16.23%) Industrial (15.22%) | Financial Services (30.87%) Consumer Cyclical (14.78%) Industrial (11.23%) | ||
Equity % | 97.24% | 97.42% | ||
Debt % | - | - | ||
P/E | 29.46 | 30.17 | ||
P/B | 4.53 | 5.06 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | -0.21% | -0.05% | ||
3-Month Return | 3.57% | 1.15% | ||
6-Month Return | 18.76% | 11.72% | ||
1-Year Return | -5.81% | 1.34% | ||
3-Year Return | 16.85% | 13.03% | ||
5-Year Return | 21.71% | 15.93% |
Sharpe | 0.73 | 0.58 | ||
Alpha | 0.87 | -1.5 | ||
Beta | 1.12 | 0.88 | ||
Standard Deviation | 16.67 | 13.14 | ||
Information Ratio | 0.24 | -0.52 |
Description | Bank of India Midcap Tax Fund Series 1 Direct Growth is an equity fund.The fund could potentially beat inflation in the long-run. | Axis ELSS Tax Saver Fund Direct Plan Growth Option is an equity fund.The fund could potentially beat inflation in the long-run. | ||
Managers | Nilesh Jethani | Shreyash Devalkar,Ashish Naik |