Bank of India Midcap Tax Fund - Series 2 - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 52.05 | 21.27 | 21.43 | N/A |
Average Rolling Returns(%) | 24.72 | 23.74 | 21.53 | N/A |
The Current NAV of Bank of India Midcap Tax Fund - Series 2 - Regular Plan - Growth is ₹29.53.
It is better to invest in a fund with a longer track record as Bank of India Midcap Tax Fund - Series 2 - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark S&P BSE 500 - TRI returns, as Funds portfolio is significantly different.
Bank of India Midcap Tax Fund - Series 2 - Regular Plan - Growth fund’s expense ratio is N/A
The process for redemption is
The AUM of Bank of India Midcap Tax Fund - Series 2 - Regular Plan - Growth is currently ₹33 Crores.
The Top three stocks are UNO Minda, Astral and Sundaram Finance and account for 12% of its portfolio. Top 5 and 10 stocks of fund account for 19% and 32% of fund’s portfolio respectively.
Top three sectors of Bank of India Midcap Tax Fund - Series 2 - Regular Plan - Growth fund are BFSI, Auto and Chemicals 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 2 - Regular Plan - Growth Fund is Equity - ELSS.
Dhruv Bhatia manages the Bank of India Midcap Tax Fund - Series 2 - Regular Plan - Growth Fund.
Bank of India Midcap Tax Fund - Series 2 - Regular Plan - Growth current PE ratio is 53.05 and PB ratio is 9.98
The asset allocation of Bank of India Midcap Tax Fund - Series 2 - Regular Plan - Growth is Stocks : 97.99%, Debt : 2.02% and Gold : 0%
The minimum SIP amount for Bank of India Midcap Tax Fund - Series 2 - Regular Plan - Growth is N/A and minimum lumpsum is ₹500.00
The exit load for Bank of India Midcap Tax Fund - Series 2 - Regular Plan - Growth is N/A