Bank of India Midcap Tax Fund - Series 1 - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 52.32 | 22.81 | 24.17 | N/A |
Average Rolling Returns(%) | 21.82 | 23.60 | 17.46 | N/A |
The Current NAV of Bank of India Midcap Tax Fund - Series 1 - Growth - Direct Plan is ₹26.40.
Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.
Bank of India Midcap Tax Fund - Series 1 - Growth - Direct Plan fund’s expense ratio is N/A
The process for redemption is
The AUM of Bank of India Midcap Tax Fund - Series 1 - Growth - Direct Plan is currently ₹66 Crores.
The Top three stocks are UNO Minda, Astral and JB Chem & Pharma and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 34% of fund’s portfolio respectively.
Top three sectors of Bank of India Midcap Tax Fund - Series 1 - Growth - Direct Plan fund are BFSI, Auto and Healthcare accounting for 48% of the total portfolio.
Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Bank of India Midcap Tax Fund - Series 1 - Growth - Direct Plan Fund is Equity - ELSS.
Dhruv Bhatia manages the Bank of India Midcap Tax Fund - Series 1 - Growth - Direct Plan Fund.
Bank of India Midcap Tax Fund - Series 1 - Growth - Direct Plan current PE ratio is 49.44 and PB ratio is 9.60
The asset allocation of Bank of India Midcap Tax Fund - Series 1 - Growth - Direct Plan is Stocks : 97.06%, Debt : 2.96% and Gold : 0%
The minimum SIP amount for Bank of India Midcap Tax Fund - Series 1 - Growth - Direct Plan is N/A and minimum lumpsum is ₹500.00
The exit load for Bank of India Midcap Tax Fund - Series 1 - Growth - Direct Plan is N/A