Bank of India ELSS Tax Saver Fund

Q: What are the returns of this mutual fund scheme?

The Bank of India ELSS Tax Saver Fund is a 16 yrs 10 m old fund and has delivered average annual returns of 18.4% since inception. Bank of India ELSS Tax Saver Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception -1.1% 16.93% 21.17% 15.44% 18.4%

Previously called: Bank of India Tax Advantage Reg-G

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹161.06+0.5% 1 day change	18.4% p.a.	App exclusive #NA View Ranked Funds	₹1,375 Cr

Historical NAV & returns

NAV: ₹161.06 as on Oct 20, 2025

This fund Category average

Bank of India ELSS Tax Saver Fund overview

AUM (Fund size)	₹1,375 Cr
Exit load	0%
Lock-in Period	3 Years
Age	16 yrs 10 m since Dec 12, 2008
Benchmark	BSE 500 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	2.07% as on Sep 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Bank of India ELSS Tax Saver Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	1.16%	2.66%
3 Months	1.25%	2.85%
6 Months	7.2%	8.76%
1 Year	-1.1%	4.9%
2 Years	19.1%	19.82%
3 Years	16.93%	17.64%
4 Years	12.47%	12.86%
5 Years	21.17%	21.07%
7 Years	20.14%	16.96%
10 Years	15.44%	14.02%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 53.34%

Mid Cap 19.3%

Small Cap 23.44%

Other Cap 0%

Top holdings

Vedanta Ltd.4.78%

State Bank of India4.21%

Hindustan Aeronautics Ltd.3.63%

ITC Ltd.3.27%

Top sectors

Financial 22.06%

Capital Goods 13.19%

Energy 8.9%

Metals & Mining 7.970000000000001%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

National Bank For Agriculture & Rural Development 0.28%

Reserve Bank of India 0.01%

Allocation by Instruments

Repo 3.74%

Certificate of Deposit 0.28%

Treasury Bills 0.01%

Other Holdings

Others 3.74%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bank of India ELSS Tax Saver Fund	1.16%	7.2%	-1.1%	16.93%	21.17%	15.44%
HDFC ELSS Tax Saver Fund	2.47%	8.79%	9.35%	22.09%	25.9%	14.26%
SBI ELSS Tax Saver Fund	3.2%	7.93%	3.95%	24.32%	25.51%	14.57%
Parag Parikh ELSS Tax Saver Fund	2.05%	7.22%	7.52%	17.77%	21.39%	12.56%
DSP ELSS Tax Saver Fund	2.84%	6.04%	4.91%	19.91%	23.36%	15.98%
Franklin India ELSS Tax Saver Fund	2.89%	6.71%	3.76%	18.69%	23.51%	13.37%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bank of India ELSS Tax Saver Fund	16.3	1.14	0.66	0.94
HDFC ELSS Tax Saver Fund	11.34	0.84	1.26	2.08
SBI ELSS Tax Saver Fund	13.2	0.96	1.24	2.04
Parag Parikh ELSS Tax Saver Fund	9.75	0.68	1.12	1.75
DSP ELSS Tax Saver Fund	13.17	0.97	0.95	1.87
Franklin India ELSS Tax Saver Fund	12.69	0.94	0.92	1.35

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bank of India ELSS Tax Saver Fund	N.A.	1,375 Cr	16 yrs 10 m	2.07%
HDFC ELSS Tax Saver Fund	N.A.	16,645 Cr	29 yrs 10 m	1.7%
SBI ELSS Tax Saver Fund	N.A.	30,420 Cr	18 yrs 5 m	1.58%
Parag Parikh ELSS Tax Saver Fund	N.A.	5,639 Cr	6 yrs 3 m	1.72%
DSP ELSS Tax Saver Fund	N.A.	16,749 Cr	18 yrs 10 m	1.63%
Franklin India ELSS Tax Saver Fund	N.A.	6,531 Cr	26 yrs 6 m	1.81%

View all Elss funds

Key risk & return ratios Compared to other funds in the category

Alpha	-0.09 vs. 5.52 Underperformed at beating benchmark
Sharpe	0.66 vs. 6.2 Poor risk-adjusted returns
Beta	1.14 vs. 0.95 More sensitive to market's ups & downs
Standard deviation	16.3 vs. 12.08 More volatile performance

Compare Bank of India ELSS Tax Saver Fund in detail with

About this fund

About Bank of India ELSS Tax Saver Fund

Bank of India ELSS Tax Saver Fund is a ELSS mutual fund scheme from Bank Of India Mutual Fund. This fund has been in existence for 16 yrs 10 m, having been launched on 12/12/2008. Bank of India ELSS Tax Saver Fund has ₹1,375 Crores worth of assets under management (AUM) as on 30/09/2025 and is small fund of its category. The latest Net Asset Value (NAV) of Bank of India ELSS Tax Saver Fund as of 20/10/2025 is ₹161.06. The fund has an expense ratio of 2.07%, which is higher than what most other Elss funds charge.

Bank of India ELSS Tax Saver Fund returns of last 1-year are -6.10%. Since launch, it has delivered 18.15% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Bank of India ELSS Tax Saver Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Financial, Capital Goods, Energy, Metals & Mining, Consumer Staples sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in Vedanta Ltd., State Bank of India, Hindustan Aeronautics Ltd., ITC Ltd., ICICI Bank Ltd..

...

Fund AUM	1,375 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Alok Singh

Mr. Singh is a CFA and PGDBA from ICFAI Business School. Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank

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.

Bank of India Mutual Fund details

No. of schemes	21 view all schemes
Total AUM	13,428 Cr as on Sep 30, 2025
Address	B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai, 400013
Email	service@boiaxa-im.com

More funds from Bank of India Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Bank of India Manufacturing & Infrastructure Fund	N.A.	621 Cr	7.06%	29.0%
Bank of India Small Cap Fund	N.A.	1,925 Cr	-0.26%	28.02%
Bank of India Flexi Cap Fund	N.A.	2,165 Cr	3.75%	25.28%
Bank of India Large & Mid Cap Fund	N.A.	414 Cr	5.04%	20.39%
Bank of India Multi Cap Fund	N.A.	909 Cr	7.27%	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Bank of India ELSS Tax Saver Fund?

The current Net Asset Value (NAV) of the Bank of India ELSS Tax Saver Fund plan is approximately ₹161.06 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Bank of India ELSS Tax Saver Fund is a 16 yrs 10 m old fund and has delivered average annual returns of 18.4% since inception.

Bank of India ELSS Tax Saver Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
-1.1%	16.93%	21.17%	15.44%	18.4%

How much does this mutual fund charge as expense ratio?

The Bank of India ELSS Tax Saver Fund has an expense ratio of 2.07%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Bank of India ELSS Tax Saver Fund currently has assets under management (AUM) or fund size valued at approximately 1,375 Cr as on Sep 30, 2025.

What are the top stock holdings of Bank of India ELSS Tax Saver Fund?

The Bank of India ELSS Tax Saver Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Vedanta Ltd.	4.78%
State Bank of India	4.21%
Hindustan Aeronautics Ltd.	3.63%
ITC Ltd.	3.27%
ICICI Bank Ltd.	3.24%
Bharti Airtel Ltd.	3.21%
HDFC Bank Ltd.	3.03%
Ambuja Cements Ltd.	2.84%
Acutaas Chemicals Ltd.	2.74%
Coromandel International Ltd.	2.57%

What are the top sectors Bank of India ELSS Tax Saver Fund has invested in?

The Bank of India ELSS Tax Saver Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	22.06%
Capital Goods	13.19%
Energy	8.9%
Metals & Mining	7.970000000000001%
Consumer Staples	5.95%
Automobile	5.84%
Services	5.470000000000001%
Healthcare	5.45%
Construction	4.6899999999999995%
Chemicals	4.41%

What is risk level of Bank of India ELSS Tax Saver Fund?

This is a Elss fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

Yes, this fund comes with a mandatory lock-in period of 3 years.

How can I redeem my investments in Bank of India ELSS Tax Saver Fund?

Redeeming your investments in the Bank of India ELSS Tax Saver Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in ELSS

#NA

Return Outperformance: This fund has generated highest return amongst ELSS funds in the last 10 Years.
Chance: This fund has generated a 11.89% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.