Data as on 04th feb 2025

Bank Of India ELSS Tax Saver

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 capitalizations. 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.

Fund Manager

  • ALOK SINGH

    CFA and PGDBA from ICFAI Business School.

    ALOK SINGH
    See detail

Fund Highlights

  • Aims to leverage on the midcap expertise that has been established by our equity team.
  • Provides investors with the additional benefit of Tax Savings (Under Section 80C of the Income Tax Act)
  • Pure Equity fund that is aimed to be fully invested in equities under normal market situation
  • The close-ended nature of the fund will enable the Fund Manager to take a long-term view on his portfolio construct without having to worry about liquidity pressure.

  • Click here for KIM
  • Click here for SID

Riskometer

Scheme Riskometer:

Investor understand that their principal will be at very high risk 

The above Riskometer is based on the portfolio as on 30th June, 2026.

This product is suitable for investors who are seeking*:

  • Long-term capital growth.
  • Investment in equity and equity related securities of companies across market capitalisations.

Benchmark Riskometer : BSE 500 TRI:

Investor understand that their principal will be at very high risk

*Investor should consult their financial advisor if in doubt about whether the product is suitable for them

The above Benchmark Riskometer is based on the portfolio as on 30th June, 2026.

Top 10 Portfolio Holdings

Portfolio Details % to Net Assets
TREPS / Reverse Repo Investments 6.8%
State Bank of India 4.7%
ICICI Bank Limited 3.8%
Acutaas Chemicals Limited 3.6%
HDFC Bank Limited 3.5%
Hindustan Aeronautics Limited 3.4%
Bharti Airtel Limited 3.1%
Adani Ports and Special Economic Zone Limited 2.9%
Quality Power Electrical Eqp Ltd 2.8%
Power Finance Corporation Limited 2.7%

Sector Allocation

  • Portfolio weight (%)
  • Benchmark weight (%)
Underweight / overweight
against benchmark
  • Scheme
  • Benchmark

Fund Performance

Total Expense Ratio

Performance for Regular-Growth Plan

Fund performance: NAV, scheme/benchmark returns, and current value of a standard investment of Rs 10000, by period
Current Value of Standard Investment of Rs 10000 in the
Date NAV Per Unit(Rs.) Scheme Returns(%)^ Benchmark Returns #(%) Additional Benchmark Returns # #(%) Scheme (Rs) Benchmark #(Rs) Additional Benchmark # # (Rs)
1 yrs 159.0800 1.04 % -0.07 % -3.84 % 10104 9993 9616
3 yrs 104.6100 15.41 % 13.48 % 9.54 % 15365 14608 13140
5 yrs 85.6300 13.43 % 12.30 % 9.88 % 18770 17854 16012
10 yrs 36.6400 15.93 % 14.03 % 12.54 % 43867 37177 32593
Since inception 10.0000 17.45 % 16.37 % 14.56 % 160730 137122 104507

^ Past performance may or may not be sustained in the future
#BSE 500 TRI
# # Nifty 50 TRI


1. Mr. Alok Singh has been managing this scheme from April 27, 2022. In addition to this, he manages 7 other open-ended schemes and co-manages 2 scheme of Bank of India Mutual Fund.
2. Period for which scheme’s performance has been provided is computed basis on last working day of the Month-end preceding the date of publication.
3. Different plans shall have a different expense structure.

IDCW History(Regular Plan- Regular IDCW)

Record Date IDCW (`/Unit)
30-June-20212.00
29-July-20210.90
CLICK HERE TO VIEW THE IDCW HISTORY