Bank of India ELSS Tax Saver Fund Direct Growth
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.
₹185.67
▲0.3%1D
NAV as on 12 Sep 2025
17.73%/per year
Since Inception
▲▼
2694 people have invested ₹ 62.6L 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 (12-Sep-25)
The fund has outperformed the benchmark (Nifty 500) over 3Y, 5Y, but underperformed over 1Y.
INDmoney Rank
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IND ranking is not available for this fund.
Bank of India ELSS Tax Saver Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Bank of India ELSS Tax Saver Fund Asset Allocation
See fund asset allocation details as on (14-Sep-25)
Fund Distribution
as on (14-Sep-25)
Bank of India ELSS Tax Saver Fund Sector Allocation
See fund sector allocation details as on (14-Sep-25)
Sector Allocation
Top 3 Sectors in August were Financial Services, Industrial & Basic Materials
Financial Services
23%
Industrial
20%
Basic Materials
17%
Financial Services
24%
Industrial
21%
Basic Materials
17%
Bank of India ELSS Tax Saver Fund Holdings Details
as on (31-Aug-25)
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 ratio | 0.81% |
Benchmark | BSE 500 India TR INR |
| AUM | ₹1355 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 72.1% |
| Risk |   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 Alok Singh. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bank of India ELSS Tax Saver Fund Direct Growth has ₹1355 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
Bank of India ELSS Tax Saver Fund Direct Growth has given a CAGR return of 17.73% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -6.01%, 17.16% and 22.88% respectively.
Holdings
Bank of India ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Utilities, Government, Tech, Consumer Defensive, Consumer Cyclical, Health, Communication, Real Estate, Energy. Its top holdings are Vedanta Ltd, Coforge Ltd, State Bank of India, ICICI Bank Ltd, ITC Ltd
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 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 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
Fund Manager
Alok Singh
Fund Manager of Bank of India ELSS Tax Saver Fund Direct Growth, since 27 April 2022
- AUM of the fund stands at 1.4K Cr as of Aug'25
- AUM decreased by 42.3 Cr between Aug'25 and Jul'25
Compare Bank of India ELSS Tax Saver Fund
Bank of India ELSS Tax Saver Fund
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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?
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