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Scheme Overview

BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth

Category: Equity: ELSS
Launch Date: 25-02-2009
Asset Class: Equity
Benchmark: S&P BSE 500 TRI
Expense Ratio: 2.17% As on (31-03-2024)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 1,210.15 Cr As on (31-03-2024)
Turn over: 98
NAV as on 30-04-2024

159.0

-0.19 (-0.1195%)

CAGR Since Inception

19.98%

S&P BSE 500 TRI 13.89%

PERFORMANCE of BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth

Scheme Performance (%) Data as on - 30-04-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth 55.32 24.76 26.0 19.36 19.98
S&P BSE 500 TRI 38.61 19.94 18.14 16.2 13.89
Equity: ELSS 40.15 20.28 17.69 16.63 16.61

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 ELSS Tax Saver -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.

Key Performance and Risk Statistics of BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth 14.2 1.24 4.58 0.97 - -
Equity: ELSS - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
BANK OF INDIA ELSS Tax Saver Reg Gr 25-02-2009 55.32 28.75 24.76 26.0 19.36
SBI Long Term Equity Reg Gr 31-03-1993 60.61 33.84 28.74 22.06 17.4
Motilal Oswal ELSS Tax Saver Fund Reg Gr 05-01-2015 59.9 32.36 25.85 21.01 0.0
Quant ELSS Tax Saver Gr 01-04-2000 59.04 27.75 29.94 32.17 25.64
ITI ELSS Tax Saver Reg Gr 18-10-2019 55.71 30.18 19.64 0.0 0.0
JM ELSS Tax Saver Fund Gr 31-03-2008 52.0 27.15 23.76 20.97 18.63
HDFC ELSS Tax saver Gr 05-03-1996 45.84 27.85 27.23 17.89 15.52
Franklin India ELSS Tax Saver Gr 05-04-1999 45.5 24.87 23.28 17.98 16.79
BARODA BNP PARIBAS ELSS Tax Saver Gr 01-01-2013 45.25 22.3 0.0 0.0 0.0
Nippon India Tax Saver (ELSS) Gr Gr 05-09-2005 44.58 23.34 22.52 15.47 14.85

Asset Allocation (%)

PORTFOLIO ANALYSIS of BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)