ELSS Tax Saverregulargrowth
BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth
Returns (Lumpsum)
CAGR for periods ≥ 1 year1 Week-2.06%
1 Month-8.80%
3 Months-8.36%
6 Months-6.97%
1 Year-2.46%
3 Years (CAGR)+14.61%
5 Years (CAGR)+13.00%
10 Years (CAGR)+15.40%
Since Inception (Feb 2009)+17.24%
SIP Returns (XIRR)
₹1,000/month SIP, annualised1 Year SIP-10.39%
3 Year SIP+2.10%
5 Year SIP+8.31%
Since Inception (Feb 2009)+14.18%
Fund Details
Fund HouseBank of India Mutual Fund
CategoryELSS Tax Saver
Plan Typeregular
Optiongrowth
AUM₹1,384 Cr
Expense Ratio2.09%
Min SIP₹500
Min Lumpsum₹1,000
Launch Date27 Feb 2009
AMFI Code111710
Risk Metrics
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Sharpe Ratio
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Alpha
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Beta
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Sortino
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Std Dev
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Max Drawdown
Performance Comparison
Performance Comparison
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Investment Objective
BANK OF INDIA ELSS Tax Saver -Regular Plan- 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 Plan- 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 ₹1,384 Cr, reflecting investor confidence in the fund's strategy. 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