Bank of India Midcap Tax Fund - Series 1 (IDCW)

EquityELSS

Last Updated NAV Date: 01 Jun 2026

3 Year Returns

16.66%

NAV (₹)

28.0500

1 Day NAV Change

-1.34%

No chart data available for this period.

Fund Details

Min. SIP AmountN/A
Min. Lumpsum Amount₹ 500
AUM₹ 63.23 Cr
Expense Ratio1.18%
Lock-in Period3 Yrs
Inception Date19 Feb 2018
Fund Age8 Yrs

Exit Load

Nil

Fund’s Investment Objective

The scheme seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related securities of midcap companies along with income tax benefit. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Calculate Your Mutual Fund Returns

Calculator

Returns Estimator

Estimation is based on the past performance

Expected Rate of Return

The value of your investment after 5 Years will be

4,12,432

Invested Amount

3,00,000

Est. Returns

1,12,432

Scheme’s Historical Return

1 Month Return-0.14%
3 Month Return5.53%
6 Month Return0.50%
1 Year Return6.57%
3 Year Return16.66%
5 Year Return14.27%

Asset Allocation

AUM

₹1,33,309.00 Cr

Cash Holdings

21.45%

Equity

70.84%

Cash

21.45%

Debt

1.71%

Other

6%

Sector Holdings

Last Updated: 30 Apr 2026
SectorsAllocationWeightageValue (in Cr.)
Others
21.88%13.832
Banks
16.58%10.483
Capital Goods - Electrical Equipment
12.38%7.827
Auto Ancillaries
6.27%3.965
Pharmaceuticals
6.18%3.906
Chemicals
5.81%3.673
IT - Software
4.72%2.987
Steel
4.46%2.823
Mining & Mineral products
3.91%2.474
Finance
3.61%2.284

Stock Holdings

Last Updated: 30 Apr 2026
NameAllocationWeightageValue (in Cr.)Sector
Uno Minda
4.34%2.741Auto Ancillaries
Bank of Maha
4.30%2.72Banks
Quality Power El
3.95%2.499Capital Goods - Electrical Equipment
Lloyds Metals
3.87%2.447Mining & Mineral products
Hitachi Energy
3.71%2.345Capital Goods - Electrical Equipment
PB Fintech.
3.54%2.237IT - Software
HDFC Bank
3.14%1.986Banks
Indian Bank
3.10%1.958Banks
Aurobindo Pharma
2.98%1.884Pharmaceuticals
Schaeffler India
2.87%1.812Bearings

Fund Manager Details

Nilesh Jethani joined Bank of India Investment Managers in November 2021 and has more than 9 years of experience in equity research across the BFSI, IT, and capital goods sectors. In his last assignment, Nilesh was working with Envision Capital Services Pvt. Ltd. as an Investment Analyst. He was also associated with HDFC Securities, HDFC Bank, and ASK Investment Managers as an equity research analyst. He graduated with a Bachelor of Financial Markets from HR College (2012) and further pursued his Postgraduate Program in Global Financial Markets from BSE Institute Ltd. (2015).

Risk-O-Meter

Very High Risk

Investors understand that their principal will be at Very High Risk

Risk Scale

Low
Moderately Low
Moderate
Moderately High
High
Very High

AMC Information

Bank of India Mutual Fund

Funds Managed

24

Assets Managed

₹ 14,170.87 Cr

Contact Details

Registered Address

B/204, Tower 1,Peninsula CorporatePark, Ganpatrao kadam marg,Lower Parel, Mumbai - 400013

Managing Director

N/A

Chief Executive Officer

Mr. Mohit Bhatia

Compliance Officer

Mr. Harish Kumar

Disclaimer

The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...

Frequently Asked Questions

The Net Asset Value (NAV) of Bank of India Midcap Tax Fund - Series 1 (IDCW) is updated at the end of every business day. You can check the latest NAV in the header section of this page.
You can invest in Bank of India Midcap Tax Fund - Series 1 (IDCW) online through the Anand Rathi AR Invest app or website. Simply log in, complete your KYC if not already done, and choose between SIP or Lumpsum investment modes.
Exit load varies by scheme. For Bank of India Midcap Tax Fund - Series 1 (IDCW), please refer to the "Fund Details" section above to see if any exit load applies for early redemptions.
Mutual funds are generally suitable for long-term wealth creation. However, suitability depends on your individual risk appetite and financial goals. You should review the riskometer and fund performance before investing.
Once you invest, you can track your portfolio performance, NAV changes, and transaction history in real-time through the AR Invest dashboard.

Download the AR Invest App

  • 5000+ Schemes
  • Personalized Solutions
  • Expert Insights
Download app from Google Play Store opens in a window
Download app from Apple App Store opens in a window