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BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth

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Category: Equity: ELSS
Launch Date: 25-02-2009
Asset Class: Equity
Benchmark: S&P BSE 500 TRI
Expense Ratio: 2.27% As on (31-08-2023)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 843.13 Cr As on (31-08-2023)
Turn over: 65
NAV as on 27-09-2023

119.71

0.85 (0.71%)

CAGR Since Inception

18.54%

S&P BSE 500 TRI 13.04%

PERFORMANCE of BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth

Scheme Performance (%) Data as on - 27-09-2023

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth 24.12 26.38 19.67 17.93 18.54
S&P BSE 500 TRI 18.61 25.19 14.95 15.94 13.04
Equity: ELSS 19.7 24.11 14.27 16.57 14.21

Yearly Performance (%)

Nav Movement

Fund Managers

Alok Singh

Investment Objective

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.

RETURNS CALCULATOR for BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Riskometer

Key Performance and Risk Statistics of BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth 14.27 1.34 3.27 0.89 - -
Equity: ELSS - - - - - -

PEER COMPARISION of BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth

Compare SIP Compare Lumpsum
Period
Data as on - 27-09-2023
Scheme Name Launch
Date		 1-Year
Ret (%)		 2-Yrs
Ret (%)		 3-Yrs
Ret (%)		 5-Yrs
Ret (%)		 10-Yrs
Ret (%)
BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 24.12 8.44 26.38 19.67 17.93
SBI Long Term Equity Fund - Regular Plan- Growth 31-03-1993 32.56 15.29 28.53 16.65 16.52
Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option 05-01-2015 26.49 9.42 27.21 14.51 0.0
JM Tax Gain Fund (Regular) - Growth option 31-03-2008 24.56 8.95 27.08 17.02 18.35
HDFC Taxsaver - Growth Plan 05-03-1996 24.2 14.09 28.55 13.39 15.74
Franklin India Taxshield-Growth 05-04-1999 23.73 11.17 29.33 14.01 16.47
BANDHAN Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 23.61 11.88 31.41 16.93 18.59
Taurus Taxshield - Regular Plan - Growth 31-03-1996 23.16 9.54 21.06 12.3 14.96
ITI Long Term Equity Fund - Regular Plan - Growth Option 18-10-2019 22.54 5.13 19.22 0.0 0.0
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 21.71 8.32 27.02 16.76 18.24

PORTFOLIO ANALYSIS of BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth

Asset Allocation (%)