Data as on 04th feb 2025

Bank Of India ELSS Tax Saver

  • Fund Type : An Open Ended Equity Linked Saving Scheme with a statutory lock in of 3 years and tax benefit
    Entry Load : Nil
    Date of Allotment : February 25, 2009
    Features : SIP SWP
  • Benchmark :
    BSE 500 TRI
    Exit Load :
    Nil

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:

 

The above Riskometer is based on the portfolio as on February 28, 2025.

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:

The above Benchmark Riskometer is based on the portfolio as on February 28, 2025.

Top 10 Portfolio Holdings

Portfolio Details % to Net Assets
HDFC Bank Limited 5.2%
State Bank of India 4.9%
Vedanta Limited 4.7%
Coforge Limited 4.1%
Clearing Corporation of India Ltd 3.8%
ICICI Bank Limited 3.1%
Ami Organics Limited 3.0%
Dixon Technologies (India) Limited 2.8%
NTPC Limited 2.5%
Hindustan Aeronautics Limited 2.3%

Sector Allocation

  • Portfolio weight (%)
  • Benchmark weight (%)
Underweight / overweight
against benchmark
Financial Services
25.03
30.51
 -5.5
Information Technology
12.32
10.05
 2.2
Capital Goods
10.34
4.91
 5.4
Healthcare
7.37
6.36
 1
Metals & Mining
6.7
3.44
 3.3
Power
6.52
3.04
 3.5
Chemicals
4.38
2.2
 2.2
Cash, Cash Equivalent & Others
4.33
0
 4.3
Automobile and Auto Components
4.19
6.72
 -2.5
Fast Moving Consumer Goods
3.77
6.82
 -3
Consumer Durables
3.33
3.04
 0.3
Realty
2.69
1.19
 1.5
Diversified
2.24
0.15
 2
Telecommunication
2.01
3.12
 -1.1
Services
1.39
1.72
 -0.3
Oil, Gas & Consumable Fuels
1.38
7.76
 -6.4
Textiles
1.29
0.3
 1
Construction
0.72
2.84
 -2.1
Consumer Services
0
3.51
 -3.5
Media, Entertainment & Publication
0
0.13
 -0.1
Construction Materials
0
2.11
 -2.1
Forest Materials
0
0.06
 -0.1
  • Scheme
  • Benchmark

Fund Performance

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Total Expense Ratio

Performance(Regular Plan – Growth)
1 yr -8.4 % -0.4 %
3 yrs 12.8 % 12.6 %
5 yrs 18.8 % 17.9 %

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
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