Bank of India ELSS Tax Saver Direct IDCW NAV today
AMFI: 119352ISIN: INF761K01876MUTF_IN: BANK_OF_INDI_Q06ZUDBank of India Mutual FundELSS funds
Formerly BOI Axa Tax Advantage Fund, Bank of India ELSS Tax Saver Fund, Bank of India Tax Advantage Fund
NAV ₹72.0600
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹1,366 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 1.10%16 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- None
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 23.230 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 6030 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 25 Feb 2009
Bank of India ELSS Tax Saver returns
Read from the direct plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −4.14% | – | – | – | – |
| 1 month | −7.14% | – | 25 of 49 | −7.14% | −9.1% to −5.7% |
| 3 months | −5.86% | – | 24 of 49 | −6.02% | −7.3% to −5.0% |
| 6 months | −6.80% | – | 46 of 49 | −4.52% | −5.1% to −3.0% |
| 1 year | −4.11% | −2.33%to 30 Sep 2026 | 6 of 49 | −7.47% | −9.9% to −5.0% |
| 3 years | +11.34% | +9.19%to 30 Sep 2026 | 16 of 48 | +9.50% | +8.2% to +12.1% |
| 5 years | +9.65% | +8.90%to 30 Sep 2026 | 23 of 45 | +9.65% | +8.0% to +11.5% |
| 10 years | +15.09% | +12.78%to 30 Sep 2026 | 4 of 29 | +12.39% | +11.7% to +13.9% |
₹10,000 put in on 2 Jan 2013 is ₹76,783 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: BSE 500 TRI, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct plans of ELSS funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +3.60% | −2.33% |
| 3 years | +11.44% | +9.19% |
| 5 years | +11.09% | +8.90% |
| 10 years | +15.98% | +12.78% |
| Since launch | +16.41% | +12.96% |
Benchmark: BSE 500 TRI. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Loss
Highest year to Dec 2017, +59.9%; lowest year to Dec 2018, −15.4%
Bank of India ELSS Tax Saver SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,14,817₹1,14,812 after stamp duty | −8.24% | −8.25% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,58,621₹3,58,603 after stamp duty | −0.25% | −0.26% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,39,784₹7,39,747 after stamp duty | +8.38% | +8.38% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹25,92,375₹25,92,320 after stamp duty | +14.78% | +14.78% | ₹38 | |
| Since Jan 2013165 instalments | ₹16,50,000 | ₹51,85,217₹51,85,162 after stamp duty | +15.40% | +15.40% | ₹38 |
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 2 Jan 2013 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year3,151 windows−20.9%+19.9%+93.5%78.0%
3 years2,663 windows+0.7%+18.2%+34.1%100.0%
5 years2,170 windows+2.7%+18.1%+31.3%100.0%
10 years938 windows+14.3%+18.0%+20.9%100.0%
Every 3, 5 and 10-year window ended higher than it started.From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Bank of India ELSS Tax Saver expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.23 ptsA year, on 16 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.10%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.33%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.67%, Jul 2021.Direct plan lowest 0.77%, Oct 2025.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.84% | 1.83% |
| Brokerage | 0.06% | 0.06% |
| Transaction costs | None | None |
| Statutory levies | 0.26% | 0.44% |
Per cent of assets a year, filed for 23 Oct 2026. The parts add up to that day's total.
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹500
- Minimum top-up
- ₹500
- Minimum redemption
- ₹1
- SIP
- Accepted
- SIP minimum
- ₹500
- SIP instalments, at least
- Weekly 12 & Monthly 6
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- 3 years
- SIP dates
- Weekly (Monday to Friday) & Monthly (any day - 1 to 28)
As listed for this plan on 24 Oct 2026.
Bank of India ELSS Tax Saver AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹1,406 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 38.7%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹1,459 Cr, quarter to Sep 2024.
Assets at each month end
Highest ₹1,487 Cr, Aug 2024.Lowest ₹200 Cr, Feb 2019.
Bank of India ELSS Tax Saver portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|
| State Bank of IndiaBanks | Shares | Large cap4th | 5.02% | 68.60 | 7,15,000 | Jan 2022or earlier |
| ICICI BankBanks | Shares | Large cap5th | 4.26% | 58.15 | 4,40,000 | Jan 2022or earlier |
| Hindustan AeronauticsAerospace & Defense | Shares | Large cap29th | 3.76% | 51.35 | 1,10,000 | Jul 2023 |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 3.21% | 43.93 | 2,50,000 | Sep 2024 |
| Quality Power Electrical EquipmentsElectrical Equipment | Shares | Small cap644th | 3.15% | 43.11 | 2,72,000 | Jul 2025 |
| Adani Ports and Special Economic ZoneTransport Infrastructure | Shares | Large cap21st | 2.95% | 40.28 | 2,24,000 | Apr 2025 |
| UNO MindaAuto Components | Shares | Mid cap166th | 2.83% | 38.66 | 3,30,439 | Aug 2022 |
| Balrampur Chini MillsAgricultural Food & other Products | Shares | Small cap567th | 2.81% | 38.42 | 5,79,622 | Apr 2022 |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | Shares | Mid cap104th | 2.81% | 38.35 | 3,11,000 | Oct 2024 |
| LG Electronics IndiaConsumer Durables | Shares | Mid cap108th | 2.74% | 37.40 | 2,17,000 | Dec 2025 |
| NTPCPower | Shares | Large cap20th | 2.46% | 33.60 | 10,41,000 | Apr 2022 |
| Bank of BarodaBanks | Shares | Large cap58th | 2.29% | 31.24 | 13,55,000 | Oct 2022 |
| EID Parry IndiaFood Products | Shares | Small cap426th | 2.26% | 30.87 | 4,50,000 | Aug 2026 |
| HDFC BankBanks | Shares | Large cap2nd | 2.23% | 30.47 | 4,30,000 | Jan 2022or earlier |
| Larsen & ToubroConstruction | Shares | Large cap8th | 2.23% | 30.46 | 81,000 | Aug 2026 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| TREPS | 9.03% | 123.37 |
| Net Receivables / (Payables) | 0.12% | 1.82 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 5.02%State Bank of India
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 19.40%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 33.54%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 40.3Taken over 90.85% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares88.04%
- Bonds and bills2.81%
- Cash and receivables9.15%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap57.12%Category 50.29%
- Mid cap16.13%Category 18.21%
- Small cap21.99%Category 30.48%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 4.19% of the fund. Category is the average of 51 ELSS funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.17sectors
- Financial Services22.22%Category 29.60%
- Capital Goods16.01%Category 9.71%
- Fast Moving Consumer Goods7.34%Category 3.90%
- Automobile And Auto Components6.87%Category 7.87%
- Healthcare5.48%Category 8.89%
- Metals & Mining4.09%Category 2.15%
- Services3.51%Category 2.22%
- Power3.41%Category 2.20%
- Chemicals3.35%Category 2.65%
- Telecommunication3.21%Category 2.90%
- Consumer Durables2.74%Category 3.63%
- Construction2.23%Category 2.39%
- Oil Gas & Consumable Fuels1.95%Category 3.43%
- Construction Materials1.74%Category 1.42%
- Textiles1.24%Category 1.09%
- Information Technology0.71%Category 5.55%
- Realty0.12%Category 1.21%
- Sector not known1.82%Category –
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 51 ELSS funds. Category average. The sector's weight, less the futures sold on it, averaged over the 51 ELSS funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services11 companies | 22.22% | 21.26% | 25.70% | 26.31% | 24.71% | 25.58% | 25.89% | 22.17% | 23.83% | 23.52% | 22.35% | 23.99% | |
| Capital Goods10 companies | 16.01% | 18.23% | 18.06% | 17.59% | 17.15% | 17.86% | 15.90% | 14.71% | 14.47% | 14.87% | 14.76% | 15.78% | |
| Fast Moving Consumer Goods5 companies | 7.34% | 8.53% | 5.50% | 6.31% | 6.17% | 6.46% | 7.41% | 7.16% | 5.37% | 6.03% | 5.90% | 6.03% | |
| Automobile And Auto Components4 companies | 6.87% | 7.25% | 7.80% | 7.12% | 7.06% | 6.94% | 6.89% | 4.40% | 4.47% | 6.27% | 5.00% | 4.82% | |
| Healthcare4 companies | 5.48% | 5.10% | 5.59% | 6.80% | 6.10% | 4.63% | 4.97% | 4.28% | 4.93% | 4.94% | 5.81% | 5.91% | |
| Metals & Mining5 companies | 4.09% | 2.90% | 2.14% | 4.24% | 10.33% | 9.56% | 8.66% | 1.92% | 5.37% | 8.28% | 7.29% | 7.12% | |
| Services3 companies | 3.51% | 3.14% | 3.05% | 3.66% | 3.75% | 3.42% | 2.84% | 2.98% | 2.87% | 2.95% | 4.75% | 4.58% | |
| Power2 companies | 3.41% | 3.29% | 3.57% | 3.87% | 4.09% | 4.16% | 4.14% | 4.49% | 4.28% | 5.18% | 5.16% | 5.47% | |
| Chemicals2 companies | 3.35% | 3.47% | 3.76% | 3.69% | 4.71% | 5.25% | 4.79% | 5.28% | 5.61% | 5.75% | 5.65% | 5.62% | |
| Telecommunication1 company | 3.21% | 3.20% | 3.32% | 3.10% | 3.11% | 3.16% | 3.33% | 3.19% | 3.37% | 3.53% | 3.50% | 3.41% | |
| Consumer Durables1 company | 2.74% | 2.60% | 2.32% | 2.40% | 2.40% | 2.46% | 2.48% | 2.25% | 1.93% | 1.96% | 0.93% | 1.40% | |
| Construction1 company | 2.23% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 33.28% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 34.17% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 1
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 7
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 2
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 48
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 3.28%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 10.37%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| HEG Advanced Materials | Sold out | – | 2.73% | −2.73 pts | −5,30,000 |
| HEG Graphite Ltd | New | 1.82% | 0.00% | +1.82 pts | +5,30,000 |
| Larsen & Toubro | Added | 2.23% | 0.60% | +1.63 pts | +60,000 |
| Aditya Infotech | Added | 1.72% | 0.13% | +1.59 pts | +55,857 |
| Triveni Engineering & Industries | Sold out | – | 0.93% | −0.93 pts | −4,46,769 |
| Canara Bank (01/09/2026) | Matured | – | 0.88% | −0.88 pts | – |
| Glass Wall Systems (India) | New | 0.74% | 0.00% | +0.74 pts | +3,60,571 |
| National Stock Exchange of India | New | 0.72% | 0.00% | +0.72 pts | +56,024 |
| ICICI Prudential Asset Management Company | Added | 1.85% | 1.16% | +0.69 pts | +27,345 |
| JSW Steel | Added | 0.99% | 0.35% | +0.64 pts | +70,500 |
| Siemens | Sold out | – | 0.51% | −0.51 pts | −18,000 |
| Bank of Baroda | Added | 2.29% | 1.91% | +0.38 pts | +2,20,000 |
| INOX India | Trimmed | 1.35% | 1.72% | −0.37 pts | −24,000 |
| Tata Steel | Added | 0.47% | 0.13% | +0.34 pts | +2,50,000 |
| Vedanta Aluminium Metal | Added | 1.24% | 0.95% | +0.29 pts | +1,00,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 State Bank of India | 4.39% | 4.61% | 4.65% | 5.21% | 4.08%Cut | 4.29%Added | 4.45%Added | 4.08% | 4.67%Added | 5.26%Added | 5.36% | 5.02% |
 ICICI Bank | 3.84%Added | 3.98% | 3.88% | 3.50%Cut | 3.34%Cut | 3.21% | 3.02% | 3.05% | 3.81%Added | 4.53%Added | 4.52% | 4.26% |
 Hindustan Aeronautics | 3.47% | 3.38% | 3.29% | 3.53% | 2.97% | 3.16%Added | 3.53% | 3.43%Cut | 3.43% | 3.66% | 3.73% | 3.76% |
 Bharti Airtel | 3.41% | 3.50% | 3.53% | 3.37% | 3.19% | 3.33% | 3.16% | 3.11% | 3.10% | 3.32% | 3.20%Added | 3.21% |
 Quality Power Electrical Equipments | 2.33% | 1.71% | 1.69% | 1.57% | 2.03% | 2.07% | 3.19% | 2.50% | 2.82% | 2.63% | 3.29% | 3.15%Cut |
 Adani Ports and Special Economic Zone | 2.19% | 2.30% | 2.24% | 2.21% | 2.35% | 2.23% | 2.65%Added | 2.93% | 2.88% | 2.72% | 2.52% | 2.95% |
 UNO Minda | 2.35% | 2.50% | 2.48% | 2.15%Cut | 2.01%Cut | 2.71%Added | 2.62% | 2.64% | 2.56% | 2.80% | 2.98% | 2.83% |
 Balrampur Chini Mills | 1.25% | 1.22% | 1.22% | 1.18% | 1.31% | 1.99%Added | 1.88% | 1.88% | 1.99% | 2.37%Added | 2.84%Added | 2.81% |
 Dr. Reddy's Laboratories | 2.03% | 2.14% | 2.00%Cut | 1.77%Cut | 1.86% | 1.99% | 1.89% | 2.17%Added | 2.51%Added | 2.56%Added | 2.54% | 2.81% |
 LG Electronics India | – | – | 1.96%Bought | 1.93% | 2.25%Added | 2.48%Added | 2.46% | 2.40% | 2.40% | 2.32% | 2.60% | 2.74% |
 NTPC | 2.27% | 2.21% | 2.25% | 2.47% | 2.63% | 3.06%Added | 2.96% | 2.92% | 2.64% | 2.59% | 2.41% | 2.46% |
 Bank of Baroda | 1.91% | 1.99% | 2.05% | 2.11% | 1.12%Cut | 1.67%Added | 1.60% | 1.65% | 1.65% | 1.97%Added | 1.91% | 2.29%Added |
 EID Parry India | – | – | – | – | – | – | – | – | – | – | 2.54%Bought again | 2.26% |
 HDFC Bank | 3.05% | 3.12% | 3.09% | 2.96% | 3.27%Added | 2.96% | 2.81% | 2.86%Added | 3.48%Added | 2.31%Cut | 2.16% | 2.23% |
 Larsen & Toubro | – | – | – | – | – | – | – | – | – | – | 0.60%Bought again | 2.23%Added |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 74.9% in Sep 2026
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of ELSS funds (48 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.17.74%
11.66%Lowest16.48%Average22.02%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.10.76%
7.37%Lowest10.36%Average13.97%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.37
−0.02Lowest0.36Average0.83Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.56
−0.02Lowest0.53Average1.31Highest
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Against BSE 500 TRI
BetaBeta. How much the fund's monthly return moved for each 1% move in its benchmark: 1 moves with it, below 1 moves less.1.05
0.70Lowest0.96Average1.20Highest
R-squaredR-squared. The share of the fund's monthly movement that its benchmark's movement explains, from 0 to 100.84.8
68.0Lowest89.8Average98.1Highest
CorrelationCorrelation. How closely the fund's monthly returns moved in step with its benchmark's, from minus 1 (always opposite) to 1 (always together).0.92
0.82Lowest0.95Average0.99Highest
Upside captureUpside capture. The fund's return in the months its benchmark rose, as a percentage of the benchmark's return in those months.112.0%
72.8%Lowest101.6%Average148.9%Highest
Downside captureDownside capture. The fund's return in the months its benchmark fell, as a percentage of the benchmark's fall in those months.97.0%
67.7%Lowest92.2%Average119.2%Highest
Information ratioInformation ratio. The fund's return above its benchmark, divided by how much that difference varied, as stated by the fund house.To 30 Sep 20260.38
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year | −10.37% | 29 Oct 2025 | 30 Mar 2026 | 17 Apr 2026 |
| 3 and 5 years | −23.88% | 11 Dec 2024 | 28 Feb 2025 | Not yet |
| 10 years and since Jan 2013 | −31.69% | 20 Feb 2020 | 23 Mar 2020 | 24 Aug 2020 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Oct 2021 to Aug 202659 months | Very High | Very HighBSE 500 TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Bank of India ELSS Tax Saver fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Alok SinghPrimary Fund Manager having 20 years of experience, including 16 years in mutual fund industry | Apr 2022 | +13.44%a year | – | – | 29.2% | 22.4% | 10 | ₹12,037 Cr₹11,811 Cr alone |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Bank of India Small Cap FundAlok Singh | Apr 2022 | +21.79%a year | +15.46% | +6.34 pts | ₹3,671 Cr |
| Bank of India Flexi Cap FundAlok Singh | Jun 2020 | +25.23%a year | – | – | ₹3,098 Cr |
| Bank of India Aggressive Hybrid FundAlok Singh | Feb 2017 | +16.23%a year | – | – | ₹2,196 Cr |
| Bank of India Mid Cap FundAlok Singh | Aug 2025 | +2.28%a year | +1.82% | +0.45 pts | ₹729 Cr |
| Bank of India Business Cycle FundAlok Singh | Aug 2024 | −1.52%a year | −2.11% | +0.59 pts | ₹437 Cr |
| Bank of India Large Cap FundAlok Singh | Oct 2024 | −1.28%a year | −4.10% | +2.82 pts | ₹226 Cr |
| Bank of India Balanced Advantage FundAlok Singh | Dec 2021 | +10.48%a year | – | – | ₹174 Cr |
| Bank of India Credit Risk FundAlok Singh | Feb 2015 | – | – | – | ₹74 Cr |
| Bank of India Conservative Hybrid FundAlok Singh | May 2012 | – | – | – | ₹66 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| DSP ELSS Tax Saver FundDSP Mutual Fund | 29.85% | 16 |
| Navi ELSS Tax Saver Nifty 50 Index FundNavi Mutual Fund | 29.23% | 18 |
| Franklin India ELSS Tax Saver FundFranklin Templeton Mutual Fund | 28.98% | 15 |
| Shriram ELSS Tax Saver FundShriram Mutual Fund | 28.32% | 17 |
| Groww ELSS Tax Saver FundGroww Mutual Fund | 28.20% | 23 |
| Tata ELSS - Tax Saver FundTata Mutual Fund | 28.14% | 17 |
| Canara Robeco ELSS - Tax Saver FundCanara Robeco Mutual Fund | 27.98% | 19 |
| Kotak ELSS Tax Saver FundKotak Mahindra Mutual Fund | 27.69% | 15 |
| Sundaram ELSS Tax Saver FundSundaram Mutual Fund | 27.26% | 15 |
| Baroda BNP Paribas ELSS Tax Saver FundBaroda BNP Paribas Mutual Fund | 27.25% | 15 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Bank of India Flexi Cap FundBank of India Mutual Fund | 54.35% |
| Bank of India Large Cap FundBank of India Mutual Fund | 43.62% |
| Bank of India Business Cycle FundBank of India Mutual Fund | 40.90% |
| Bank of India Large & Mid Cap FundBank of India Mutual Fund | 26.78% |
| Bank of India Multi Cap FundBank of India Mutual Fund | 25.56% |
| Bank of India Manufacturing & Infrastructure FundBank of India Mutual Fund | 23.43% |
| Bank of India Banking & Financial Services FundBank of India Mutual Fund | 19.40% |
| Bank of India Mid Cap Tax Fund Series 1Bank of India Mutual Fund | 18.38% |
| Bank of India Mid Cap FundBank of India Mutual Fund | 15.55% |
| Bank of India Midcap Tax Fund Series 2Bank of India Mutual Fund | 14.48% |
As the fund house states it, for Sep 2026.
Bank of India ELSS Tax Saver dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.
Largest ₹2.00 a unit, Jun 2021.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 29 Jul 2021 | ₹0.90 | 2.10% | ₹42.9400 | ₹42.1900 |
| 30 Jun 2021 | ₹2.00 | 4.65% | ₹42.9800 | ₹41.0100 |
| 2 Feb 2021 | ₹1.441 | 3.93% | ₹36.7100 | ₹35.9000 |
| 28 Sep 2020 | ₹0.5183 | 1.71% | ₹30.3900 | ₹29.8200 |
| 26 Aug 2020 | ₹0.30 | 0.98% | ₹30.5900 | ₹30.3000 |
| 26 Mar 2018 | ₹1.50 | 5.35% | ₹28.0300 | ₹26.8700 |
| 27 Dec 2017 | ₹2.00 | 6.34% | ₹31.5600 | ₹29.6700 |
| 25 Mar 2015 | ₹0.77 | 3.60% | ₹21.3800 | ₹20.3000 |
All 8 payouts since 25 Mar 2015.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
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 not providing any assured or guaranteed returns. However, there is no assurance that the investment objectives of the Scheme will be achieved.
Asset allocation
- Equity and equity related securities - 80% to 100%
- Residual Portion: Money Market Instruments, Other Liquid Instruments, Gold and Silver Instruments (ETFs only) and units of Domestic Mutual Fund Schemes - 00% to 20%
- Units issued by InvITS - 00% to 10%
Type of scheme
An open ended scheme with attributes in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance.
- Stated category
- ELSS Tax Saver Fund
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- BSE 500 TRI
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very High
- New fund offer
- 12 Dec 2008 to 12 Feb 2009
- Units first allotted
- 25 Feb 2009
- Open for sale again
- 27 Feb 2009
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 119351 | INF761K01884 | BANK_OF_INDI_VNKO0O | 2 Jan 2013 | |
| Regular Growth | 111710 | INF761K01181 | BANK_OF_INDI_4QHHC4 | 27 Feb 2009 | |
| Direct IDCW | 119352 | INF761K01876 | INF761K01868 | BANK_OF_INDI_Q06ZUD | 8 Jan 2013 |
| Regular IDCW | 111708 | INF761K01165 | INF761K01173 | BANK_OF_INDI_105QMUN | 27 Feb 2009 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- FACTSHEET SEPTEMBER 2026 (opens in a new tab)Bank of India Mutual Fund, Sep 2026
Statement of additional information
- SAI Bank of India Mutual Fund (opens in a new tab)Bank of India Mutual Fund, Oct 2026
Annual report
- ABRIDGED ANNUAL REPORT 2025 2026 (opens in a new tab)Bank of India Mutual Fund, Mar 2026
- ANNUAL REPORT 2025 - 26 (opens in a new tab)Bank of India Mutual Fund, Mar 2026
Riskometer disclosure
- RISKOMETER FY 25-26 (opens in a new tab)Bank of India Mutual Fund, Mar 2026
Portfolio overlap disclosure
- PORTFOLIO OVERLAP DISCLOSURE SEPTEMBER 30, 2026 (opens in a new tab)Bank of India Mutual Fund, Sep 2026