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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 22-09-2023

118.79

0.44 (0.3704%)

CAGR Since Inception

18.5%

S&P BSE 500 TRI 13.04%

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

Scheme Performance (%)

Data as on - 22-09-2023

Yearly Performance (%)

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.

MONTHLY LUMPSUM RETURNS ( Invested amount 1,00,000)

Show All Monthly Lumpsum Returns
NAV Date NAV Units Market
Value		 Returns
(%)
17-06-2022 83.33 1200.048 100000 0.0 %
18-07-2022 90.13 1200.048 108160 8.16 %
17-08-2022 98.44 1200.048 118133 18.13 %
19-09-2022 100.89 1200.048 121073 21.07 %
17-10-2022 98.5 1200.048 118205 18.2 %
17-11-2022 101.64 1200.048 121973 21.97 %
19-12-2022 103.4 1200.048 124085 24.09 %
17-01-2023 100.8 1200.048 120965 20.96 %
17-02-2023 99.27 1200.048 119129 19.13 %
17-03-2023 96.01 1200.048 115217 15.22 %
17-04-2023 100.08 1200.048 120101 20.1 %
17-05-2023 103.45 1200.048 124145 24.14 %
19-06-2023 107.68 1200.048 129221 29.22 %
17-07-2023 111.16 1200.048 133397 33.4 %
17-08-2023 113.47 1200.048 136169 36.17 %
18-09-2023 121.02 1200.048 145230 45.23 %
22-09-2023 118.79 1200.048 142554 42.55 %

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

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
Amount :
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End :
Period
Data as on - 22-09-2023
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 16.9 8.07 25.92 18.18 17.58
SBI Long Term Equity Fund - Regular Plan- Growth 31-03-1993 26.21 15.48 27.91 15.96 16.25
Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option 05-01-2015 21.48 9.62 26.86 13.53 0.0
Taurus Taxshield - Regular Plan - Growth 31-03-1996 20.18 10.22 20.8 11.86 14.71
HDFC Taxsaver - Growth Plan 05-03-1996 19.93 14.73 28.11 13.05 15.5
JM Tax Gain Fund (Regular) - Growth option 31-03-2008 18.83 9.52 26.66 16.22 17.92
Franklin India Taxshield-Growth 05-04-1999 18.81 11.89 28.8 13.52 16.12
BANDHAN Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 18.67 12.77 30.96 16.21 18.53
Parag Parikh Tax Saver Fund- Regular Growth 05-07-2019 17.03 11.83 24.31 0.0 0.0
Mahindra Manulife ELSS Fund- Regular Plan - Growth 05-10-2016 16.63 8.92 26.33 14.01 0.0

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

Asset Allocation (%)

Allocation Percentage (%)