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  • Bank of India ELSS Tax Saver Fund Eco (Growth)

Formerly Bank of India Tax Advantage Eco Gr

BOI Mutual Funds

Bank of India ELSS Tax Saver Fund Eco (Growth)

EquityTax Saving
Top Ranked

160.56

NAV (Feb 22)

26.8%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within tax saving mutual funds.Save tax combined with inflation beating long term growth
Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

Outperformance Consistency

Category Leader

The fund has been a Category Leader on the Outperformance Consistency metric

Invest in this fund
Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

160.56

NAV (Feb 22)

Fund Returns

Last 1Y
50.3%
Last 3Y
23.9%
Last 5Y
26.8%
Last 10Y
20%
Since Inception
20.3%
6 Month CAGR
30.3%

Scheme Information

Investment Objective

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 in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.(There can be no assurance that the investment objectives of the Scheme will be realized).

Expense Ratio
1.95
Launched (15y ago)
Feb 25, 2009
AUM in Crores
1090.307
ISIN
INF761K01157
Lock-in
3
Benchmark
S&P BSE 500 India TR INR
SIP Minimum
0
Lumpsum Min.
500
Standard Deviation (3yr)
14.7
Standard Deviation (5yr)
18.4
Beta (3yr)
0.97
Beta (5yr)
0.9
Sharpe Ratio (3yr)
1.333
Sharpe Ratio (5yr)
1.064
YTM
0
Fund Managers

Alok Singh

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Bank of India ELSS Tax Saver Fund Eco (Growth)70%14,69,623 7,37,01126.8%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-02-22

Top Stock Holdings

treps

5.1%
5.1%

state bank of india

4.6%
4.6%

canara bank

4%
4%

hdfc bank ltd

3.8%
3.8%

bank of baroda

3.7%
3.7%
See all holdings

Allocation by Sector

financial services

30.6%
30.6%

consumer cyclical

9.5%
9.5%

industrials

9.4%
9.4%

basic materials

8.8%
8.8%

healthcare

7.6%
7.6%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

₹ 20,949 cr

₹ 16,033 cr

₹ 13,846 cr

₹ 11,823 cr

₹ 9,962 cr

About the AMC

Bank of India Investment Managers Private Limited

Bank of India Investment Managers Private Limited manages assets worth 6,339 crores and was set up on 13 August 2007. It's current offering of mutual fund schemes includes 32 equity,35 debt and 18 hybrid funds.amc-img
22-6124-9000
service@boimf.in
Fund NameScripbox Opinion
Till Date CAGR

23.9%

20.3%

30.3%

11.7%

23.6%

19.7%

28.8%

29.6%

25.7%

16.8%

Bank of India ELSS Tax Saver Fund Eco (G) Review

Bank of India ELSS Tax Saver Fund Eco (G) is a Tax Saving Equity fund and has delivered an annualised return of 20.3% over a period of 14 years. The fund was previously known as Bank of India Tax Advantage Eco Gr. The fund is managed by Bank of India Investment Managers Private Limited. The fund managers are Aakash Manghani, Alok Singh.

Nav of Bank of India ELSS Tax Saver Fund Eco (G) as of 2/22/2024 is ₹160.56 with the total AUM as of 2/23/2024 is ₹1090.307. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bank of India ELSS Tax Saver Fund Eco (G) was launched on Feb 25, 2009. The category risk of the fund is Very High Risk.

The minimum SIP amount for Bank of India ELSS Tax Saver Fund Eco (G) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.

Bank of India ELSS Tax Saver Fund Eco (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE 500 India TR INR.

Bank of India ELSS Tax Saver Fund Eco (G) is rated as a 4 fund in Equity and delivered 50.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bank of India ELSS Tax Saver Fund Eco (G).

Frequently Asked Questions

What is Bank of India ELSS Tax Saver Fund Eco (G)?

Bank of India ELSS Tax Saver Fund Eco (G) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Bank of India ELSS Tax Saver Fund Eco (G)?

You can invest in Bank of India ELSS Tax Saver Fund Eco (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Bank of India ELSS Tax Saver Fund Eco (G)?

The minimum sip amount for Bank of India ELSS Tax Saver Fund Eco (G) is ₹0. You can invest in multiples of ₹500.

Is Bank of India ELSS Tax Saver Fund Eco (G) good to invest in?

As per Scripbox experts, Bank of India ELSS Tax Saver Fund Eco (G) is a Top Ranked fund. You can investBank of India ELSS Tax Saver Fund Eco (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Bank of India ELSS Tax Saver Fund Eco (G)?

The expense ratio of the Bank of India ELSS Tax Saver Fund Eco (G) is 1.95% for regular plan.