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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: 2.53% As on (28-02-2023)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 676.9 Cr As on (28-02-2023)
Turn over: 73
NAV as on 24-03-2023

94.85

-0.98 (-1.0332%)

CAGR Since Inception

17.32%

S&P BSE 500 TRI 12.07%

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

Scheme Performance (%) Data as on - 24-03-2023

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth -1.44 31.41 12.13 15.93 17.32
S&P BSE 500 TRI 22.18 33.92 11.84 14.03 12.07
Equity: ELSS -0.63 29.53 10.0 14.37 11.2

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 21.15 0.77 2.4 0.89 - -
Equity: ELSS - - - - - -

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

Compare SIP Compare Lumpsum
Period
Data as on - 24-03-2023
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 -1.44 10.74 31.41 12.13 15.93
HDFC Taxsaver - Growth Plan 05-03-1996 8.52 16.52 34.54 9.59 13.33
SBI Long Term Equity Fund - Regular Plan- Growth 31-03-1993 6.64 13.17 33.96 11.14 13.97
Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option 05-01-2015 5.88 9.55 28.42 8.5 0.0
Taurus Taxshield - Regular Plan - Growth 31-03-1996 5.53 10.93 27.98 9.79 12.77
Parag Parikh Tax Saver Fund- Regular Growth 05-07-2019 5.14 15.18 35.2 0.0 0.0
ITI Long Term Equity Fund - Regular Plan - Growth Option 18-10-2019 3.37 3.44 25.81 0.0 0.0
Franklin India Taxshield-Growth 05-04-1999 2.53 11.16 33.53 10.46 14.19
Kotak Tax Saver-Scheme-Growth 01-11-2005 2.17 12.09 31.95 13.17 14.93
Quantum Tax Saving Fund - Regular Plan Growth Option 01-04-2017 1.52 7.53 29.72 8.43 0.0

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

Asset Allocation (%)