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ELSS Tax Saver📊 NIFTY 500 TRI(SEBI default)

Bank of India ELSS Tax Saver · Regular · Growth

Bank of India Mutual Fund

#14 of 39 (1Y)

NAV

₹163.6500

as of 14 Jul 2026

Expense Ratio

2.09%

AUM

₹1,358 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+1.32%
3Y
+14.03%
5Y
+11.81%
Since Inception
+17.70%

SIP returns (XIRR)

1Y
+5.40%
3Y
+5.89%
5Y
+11.09%
Since Inception
+14.90%

What history actually did — last 10 years (Jul 2016 – Jul 2026)

A ₹5,000 monthly SIP for the last 10 years (Jul 2016 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹13,31,279 today ₹6,00,000 invested, 15.4% XIRR.

₹6,00,000

Invested

₹13,31,279

Value today

15.4%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 10 years (Jul 2016 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 10 years ago would be ₹4,29,866 today (15.7% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Jul 2016 would still hold ₹29,67,381.

Fund vs Benchmark (TRI)

Same SIP, benchmark total-return index

The same SIP would be worth ₹13,31,279 in this fund vs ₹12,20,085 in the benchmark — outperformance of ₹1,11,194.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 10 years (Jul 2016 – Jul 2026) (22 Mar 2020) would be ₹3,98,466 today (3.98×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

-0.21

Sharpe Ratio

-0.04

Alpha

0.29

Beta

-0.20

Sortino

16.36%

Std Dev

-15.72%

Max Drawdown

Performance Comparison

Sectoral allocation

as of 31 May 2026

Each sector links to the mutual funds most exposed to it.

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Fund Details

Fund HouseBank of India Mutual Fund
CategoryELSS Tax Saver
BenchmarkNIFTY 500 TRI ✓
Launch Date27 Feb 2009
AMFI Code111710
Transaction facts
Min. Lumpsum₹500
Min. SIP₹500
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 31 May 2026
Holding% NAV

Investment Objective

Bank of India ELSS Tax Saver · Regular · Growth is a tax-saving equity fund (ELSS) that offers tax deduction under Section 80C of the Income Tax Act, with a mandatory 3-year lock-in period. The fund aims to generate long-term capital appreciation while providing tax benefits of up to ₹46,800 per year.

About This Fund

Bank of India ELSS Tax Saver · Regular · Growth is a ELSS Tax Saver mutual fund offered by Bank of India Mutual Fund. The fund has been operational for over 17 years. It manages assets worth ₹1,358 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.09%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Salaried individuals and taxpayers seeking to save tax under Section 80C
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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