The Bank of India ELSS Tax Saver Direct-Growth is a tax-saving mutual fund offered by the Bank of India Mutual Fund. It has an Asset Under Management (AUM) of ₹1,453.01 Crores, with the most recent NAV recorded at ₹195.41.
In terms of performance, the scheme has delivered a return of 24.80% over the past year, 69.77% over the last three years, and a remarkable 733.53% since its inception.
Bank of India ELSS Tax Saver Fund Return
| Period | This fund | Category average |
|---|---|---|
| 1 month | -3.19% | -1.22% |
| 3 months | -0.83% | -1.78% |
| 6 months | -3.0% | 1.74% |
| 1 year | 24.80% | 22.36% |
| 3 years | 18.54% | 17.21% |
| 5 years | 26.76% | 21.58% |
| 7 years | 17.58% | 15.24% |
| 10 years | 17.82% | 14.87% |
Bank of India ELSS Tax Saver Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
HDFC Bank Ltd.
|
Financial | Equity | 5.44% |
|
State Bank of India
|
Financial | Equity | 4.34% |
|
Vedanta Ltd.
|
Metals & Mining | Equity | 4.12% |
|
Prudent Corporate Advisory Services Ltd.
|
Financial | Equity | 2.72% |
|
Ami Organics Ltd.
|
Healthcare | Equity | 2.54% |
Sector Allocation in Bank of India ELSS Tax Saver Fund
| Sector | Percentage | Value (₹ Crores) |
|---|---|---|
| Financial | 23.64% | 343.49 |
| Capital Goods | 11.82% | 171.75 |
| Energy | 9.18% | 133.39 |
| Technology | 7.95% | 115.51 |
| Metals & Mining | 6.82% | 99.10 |
| Others | 40.59% | 589.78 |
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.
