BANK OF INDIA ELSS Tax Saver FUND -Regular Plan- Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 99% of historical 3-year rolling periods.
- Over 18 years of operational history across different market cycles.
- Downside capture of 108% indicates larger drops during broader market downturns.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +6.37% | +7.77% | -1.40% |
| 3 Months | +1.57% | +0.19% | +1.38% |
| 6 Months | +3.99% | +5.12% | -1.13% |
| 1 Year | +3.95% | +1.89% | +2.06% |
| 3 Years CAGR | +11.88% | +11.88% | 0.00% |
| 5 Years CAGR | +10.37% | +9.96% | +0.41% |
| 7 Years CAGR | +17.58% | +13.84% | +3.74% |
| 10 Years CAGR | +15.85% | +13.83% | +2.02% |
| Since Inception | +17.55% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in BANK OF INDIA ELSS Tax Saver FUND compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +4.88% | +1.20% | +3.68% |
| 2025 | -3.55% | +3.57% | -7.12% |
| 2024 | +21.60% | +19.98% | +1.62% |
| 2023 | +34.77% | +27.84% | +6.93% |
| 2022 | -1.25% | +2.11% | -3.36% |
| 2021 | +41.45% | +32.16% | +9.29% |
| 2020 | +31.20% | +17.88% | +13.32% |
| 2019 | +14.61% | +9.89% | +4.72% |
| 2018 | -16.34% | -6.42% | -9.92% |
| 2017 | +57.66% | +37.59% | +20.07% |
| 2016 | -1.24% | +3.19% | -4.43% |
| 2015 | +2.06% | +3.80% | -1.74% |
| 2014 | +44.00% | +49.05% | -5.05% |
| 2013 | +9.14% | +7.15% | +1.99% |
| 2012 | +24.80% | +29.97% | -5.17% |
| 2011 | -24.06% | -23.37% | -0.69% |
| 2010 | +5.88% | +17.81% | -11.93% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -24.94% | +16.46% | +12.03% | +154.13% | 71.5% | 66.8% |
| 3-Year Rolling | -5.05% | +15.20% | +15.73% | +33.29% | 96.2% | 99.0% |
| 5-Year Rolling | +1.39% | +15.63% | +14.54% | +30.12% | 100.0% | 95.2% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2020-02-20 | 2020-03-23 | -31.8% | 1 months | 5 months |
| 2010-11-10 | 2011-12-20 | -31.0% | 13 months | 27 months |
| 2018-01-15 | 2018-10-23 | -25.9% | 9 months | 16 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and equity related securities - 80% to 100% Residual Portion: Money Market Instruments, Other Liquid Instruments, Gold and Silver Instruments (ETFs only) and units of Domestic Mutual Fund Schemes - 00% to 20% Units issued by InvITS - 00% to 10% | Per Scheme Mandate |
Investment Objective & Strategy
The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is not providing any assured or guaranteed returns. However, there is no assurance that the investment objectives of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 1,430 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to ELSS schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest ELSS Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Quantum ELSS Tax Saver Fund | 4.2 | +10.50% | 2.18% | 79.0% | Rs 213 cr | Compare → |
| PGIM India ELSS Tax Saver Fund | 3.6 | +9.64% | 2.55% | 96.8% | Rs 726 cr | Compare → |
| BANDHAN ELSS Tax Saver Fund | 5.1 | +10.70% | 1.98% | 88.4% | Rs 7,106 cr | Compare → |
| LIC MF ELSS Tax Saver Fund | 2.9 | +9.54% | 2.48% | 98.8% | Rs 1,020 cr | Compare → |
| Invesco India ELSS Tax Saver Fund | 3.6 | +11.70% | 2.30% | 109.7% | Rs 2,732 cr | Compare → |
Frequently Asked Questions about BANK OF INDIA ELSS Tax Saver FUND
What is the expense ratio of BANK OF INDIA ELSS Tax Saver FUND?
BANK OF INDIA ELSS Tax Saver FUND has a total expense ratio (TER) of 2.34% with a base expense ratio of 1.83%, compared to the ELSS category median of 2.34%.
Who manages BANK OF INDIA ELSS Tax Saver FUND?
BANK OF INDIA ELSS Tax Saver FUND is managed by Alok Singh (tenure: 4.5 years since 2022-04-27).
What are the historical returns of BANK OF INDIA ELSS Tax Saver FUND?
BANK OF INDIA ELSS Tax Saver FUND delivered a 3-year CAGR of 11.88% and a 5-year CAGR of 10.37%. Its 1-year return stands at +3.95%.
How large is BANK OF INDIA ELSS Tax Saver FUND?
BANK OF INDIA ELSS Tax Saver FUND manages assets of Rs 1,430 cr, placing it in the 'comfortable' size band relative to ELSS peers.
How is BANK OF INDIA ELSS Tax Saver FUND scored on MFIQ?
BANK OF INDIA ELSS Tax Saver FUND holds an MFIQ Score of 4.4/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is BANK OF INDIA ELSS Tax Saver FUND?
BANK OF INDIA ELSS Tax Saver FUND has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 17.36% with a maximum historical drawdown of -31.77%.