Bank of India ELSS Tax Saver - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 54.51 | 24.06 | 24.52 | 16.21 |
Average Rolling Returns(%) | 19.98 | 17.57 | 14.57 | 14.28 |
The Current NAV of Bank of India ELSS Tax Saver - Regular Plan - Growth is ₹158.06.
You can consider SIP in Bank of India ELSS Tax Saver - Regular Plan - Growth as it has outperformed the benchmark most of the time and has a Somewhat good quality portfolio. Funds returns are more likely to be different than its benchmark S&P BSE 500 returns, as Funds portfolio is significantly different.
Bank of India ELSS Tax Saver - Regular Plan - Growth fund’s expense ratio is 2.17%
The process for redemption is
The AUM of Bank of India ELSS Tax Saver - Regular Plan - Growth is currently ₹1,210 Crores.
The Top three stocks are SBI, Canara Bank and Oil India and account for 11% of its portfolio. Top 5 and 10 stocks of fund account for 18% and 31% of fund’s portfolio respectively.
Top three sectors of Bank of India ELSS Tax Saver - Regular Plan - Growth fund are BFSI, Construction & Infrastructure and Capital Goods accounting for 49% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.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 ELSS Tax Saver - Regular Plan - Growth Fund is Equity - ELSS.
Alok Singh manages the Bank of India ELSS Tax Saver - Regular Plan - Growth Fund.
Bank of India ELSS Tax Saver - Regular Plan - Growth current PE ratio is 34.31 and PB ratio is 5.51
The asset allocation of Bank of India ELSS Tax Saver - Regular Plan - Growth is Stocks : 94.48%, Debt : 5.49% and Gold : 0%
The minimum SIP amount for Bank of India ELSS Tax Saver - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹500.00
The exit load for Bank of India ELSS Tax Saver - Regular Plan - Growth is Nil