Sharpe ratio
0.68Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+6.86%1Y Absolute Return
+0.05%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| BANK OF INDIA Midcap Tax Fund Series 2 Direct Plan GrowthFund 5Y annualised return | ₹9,60,375 | ₹7,32,612 | ₹2,27,763 | +11.03% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.18
₹1 Lakh since launch₹1.18 Lakh
Fund age8.0 yrs
Fund information
Scheme code144315
ISININF761K01EL6
BenchmarkBSE 500 TRI
CategoryELSS
Expense ratio1.10%
Exit loadNil
Minimum SIP₹500
Return comparison
6th / 48 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +80.74% | — | — |
| 3M | +11.59% | — | — |
| 6M | +20.63% | — | — |
| 1Y | +6.86% | — | +1.99% |
| 3Y | +13.90% | — | +11.12% |
| 5Y | +11.03% | — | +11.77% |
| Since Launch | +17.77% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.92Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
16.84%How much the fund’s returns fluctuate over time.
High volatility
Returns can swing significantly.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
0.52How well the fund rewarded investors relative to its biggest decline.
Good
Good return relative to the drawdowns experienced.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Allocation data has not been disclosed.
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 54 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Lloyds Metals and Energy Ltd | Materials | Equity | 5.71% |
| Coforge Ltd | Technology | Equity | 4.84% |
| UNO Minda Ltd | Consumer Discretionary | Equity | 4.49% |
| Bank of Maharashtra | Financial | Equity | 4.19% |
| Steel Authority Of India Ltd | Materials | Equity | 3.61% |
| The Federal Bank Ltd | Financial | Equity | 3.46% |
| Aurobindo Pharma Ltd | Healthcare | Equity | 3.41% |
| HDFC Bank Ltd | Financial | Equity | 3.33% |
| PB Fintech Ltd | Financial | Equity | 3.15% |
| Xpro India Ltd | Materials | Equity | 2.99% |
Fund management
NI
Nilesh Jethani
Since 2024 · Prior to joining Bank of India Mutual Fund, he has worked with HDFC Securities, HDFC Bank, and ASK Investment Managers
Mr. Jethani has done Bachelor of Financial Markets from HR College and Postgraduate Program in Global Financial Markets from BSE Institute Ltd.
Compare similar funds
No comparable category funds are available yet.
Summary
A moderately high riskometer-risk elss fund. Ahead of its category average over 3Y by 2.8 points. Trailing its category average over 5Y by 0.7 points.
Strengths
- Ahead of its category average over 3Y by 2.8 points.
- Recovered from its worst fall in 6 months.
- Ranks 6 of 48 in its category over 1 year.
Weaknesses
- Trailing its category average over 5Y by 0.7 points.
Ideal investor
- Needs a 5+ years (3-year lock-in) horizon to ride out its moderately high riskometer risk level.
- Good fit for SIPs — spreading purchases smooths out 16.8% volatility.
Risk drivers
- None