Bank of India Midcap Tax Fund - Series 2 - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
| 1 Year | 3 Year | 5 Year | 9 Year | |
| CAGR(%) | 11.61 | 18.24 | 14.44 | N/A |
| Average Rolling Returns(%) | 22.62 | 20.93 | 21.74 | N/A |
The Current NAV of Bank of India Midcap Tax Fund - Series 2 - Growth - Direct Plan is ₹33.53.
You can consider SIP in Bank of India Midcap Tax Fund - Series 2 - Growth - Direct Plan 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 NIFTY 500 returns, as Funds portfolio is significantly different.
Bank of India Midcap Tax Fund - Series 2 - 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 2 - Growth - Direct Plan is currently ₹32 Crores.
The Top three stocks are Lloyds Metals&Energy, Bank of Maharashtra and UNO Minda and account for 16% of its portfolio. Top 5 and 10 stocks of fund account for 24% and 40% of fund’s portfolio respectively.
Top three sectors of Bank of India Midcap Tax Fund - Series 2 - Growth - Direct Plan fund are BFSI, Metals & Mining and IT accounting for 48% 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 Midcap Tax Fund - Series 2 - Growth - Direct Plan Fund is Equity - ELSS.
Nilesh Jethani manages the Bank of India Midcap Tax Fund - Series 2 - Growth - Direct Plan Fund.
Bank of India Midcap Tax Fund - Series 2 - Growth - Direct Plan current PE ratio is 43.67 and PB ratio is 7.40
The asset allocation of Bank of India Midcap Tax Fund - Series 2 - Growth - Direct Plan is Stocks : 96%, Debt : 4.01% and Gold : 0%
The minimum SIP amount for Bank of India Midcap Tax Fund - Series 2 - Growth - Direct Plan is N/A and minimum lumpsum is ₹500.00
The exit load for Bank of India Midcap Tax Fund - Series 2 - Growth - Direct Plan is N/A
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