- Mutual Funds
- Bank of India Mutual Fund
- Bank of India ELSS Tax Saver Fund (G)
Bank of India ELSS Tax Saver Fund (G)
₹ 173.17
NAV (Oct 15)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 173.17
NAV (Oct 15)
Fund Returns
Last 1Y | 44.7% |
Last 3Y | 17.4% |
Last 5Y | 27.2% |
Last 10Y | 17.9% |
Since Inception | 20% |
6 Month CAGR | 11.2% |
Scheme Information
The scheme seeks to build a diversified portfolio of stocks of companies having sustainable business models, without any bias of market capitalisation and sector. The scheme will follow top-down approach of equity selection.
Expense Ratio | 2.08 |
Launched (0y ago) | 2.08 |
AUM in Crores | 1485.6 |
ISIN | INF761K01181 |
Lock-in | 1095 |
Benchmark | BSE 500 Total Return Index |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | - |
Standard Deviation | 14.3 |
Beta | 1 |
Sharpe Ratio | 1.2 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Bank of India ELSS Tax Saver Fund (G) | 14,86,830 | 7,54,218 | 27.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
State Bank of India
4.4%Oil India Ltd.
4.1%Vedanta Ltd.
3.7%Hindustan Aeronautics Ltd.
3.3%HDFC Bank Ltd.
3.2%Allocation by Sector
Financial
25.7%Capital Goods
11.2%Energy
10.8%Automobile
8.6%Metals & Mining
8.5%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 26,417 cr | ||
₹ 24,508 cr | ||
₹ 66,206 cr | ||
₹ 51,197 cr | ||
₹ 17,770 cr |
About the AMC
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
26.7% | 12.9% | ||
17.8% | 18% | ||
17.4% | 20% | ||
22.6% | 31.9% | ||
39.3% | 1.6% |
Bank of India ELSS Tax Saver Fund (G) Review
Bank of India ELSS Tax Saver Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 19.98% over a period of 15 years. The fund is managed by Bank of India Mutual Fund. The fund manager’s name is Alok Singh.
Nav of Bank of India ELSS Tax Saver Fund (G) as of 10/15/2024 is ₹173.17 with the total AUM as of 10/16/2024 is ₹1485.629. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bank of India ELSS Tax Saver Fund (G) was launched on 2009-02-25. The category risk of the fund is Average.
The minimum SIP amount for Bank of India ELSS Tax Saver Fund (G) is ₹500 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.
Bank of India ELSS Tax Saver Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to BSE 500 Total Return Index.
It is rated as a 4 fund in Equity and delivered 44.702% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bank of India ELSS Tax Saver Fund (G).
Frequently Asked Questions
What is Bank of India ELSS Tax Saver Fund (G)?
How to invest in Bank of India ELSS Tax Saver Fund (G)?
You can invest in Bank of India ELSS Tax Saver Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Bank of India ELSS Tax Saver Fund (G)?
The minimum sip amount for Bank of India ELSS Tax Saver Fund (G) is ₹500. You can invest in multiples of ₹500.
Is Bank of India ELSS Tax Saver Fund (G) good to invest in?
As per Scripbox experts, it is a 4 fund. You can invest in it if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Bank of India ELSS Tax Saver Fund (G)?
The expense ratio of the Bank of India ELSS Tax Saver Fund (G) is 2.08% for regular plan.
What is the NAV of Bank of India ELSS Tax Saver Fund (G)?
Today's Bank of India ELSS Tax Saver Fund (G) NAV is ₹173.17.