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OmniAsset › Mutual funds › BANK OF INDIA MID CAP TAX FUND Series 2

BANK OF INDIA MID CAP TAX FUND Series 2

ELSS (Tax Saver) fund benchmarked to BSE 500 TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202636.67
CategoryELSS (Tax Saver)
PlanDirect · Growth
Launched12 Jul 2018
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1BSE 500 TRI
Expense ratiodirect plan, a year · stated maximum, from the scheme document1.08%
AUM₹2.55 Cr
Growth of ₹10,000₹17,2482 Sep 2021 to 2 Sep 2026
₹17,404₹15,093₹12,782₹10,471₹8,161Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹17,248 (+11.5% a year) BANK OF INDIA MID CAP TAX FUND Series 2

Performance (trailing, annualised)

1Y annualised8.82%
3Y annualised15.06%
5Y annualised11.52%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,30,80017.03%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,21,01810.43%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹8,43,51113.59%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202146.77%
Calendar 2022-5.49%
Calendar 202334.10%
Calendar 202418.84%
Calendar 20252.35%

Rolling returns

Rolling 1Y · average354 windows since 31 Oct 201920.75%
Rolling 1Y · median14.55%
Rolling 1Y · worst window-17.61%
Rolling 1Y · best window88.85%
Rolling 1Y · windows positive77%
Rolling 3Y · average251 windows since 1 Nov 202120.68%
Rolling 3Y · median20.75%
Rolling 3Y · worst window9.36%
Rolling 3Y · best window29.86%
Rolling 3Y · windows positive100%
Rolling 5Y · average147 windows since 1 Nov 202321.05%
Rolling 5Y · median22.14%
Rolling 5Y · worst window11.49%
Rolling 5Y · best window28.63%
Rolling 5Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)17.55%
Downside deviation (3Y)12.97%
Maximum drawdown-23.90%

Management

Fund managerMr. Nilesh Jethani
Managing since1 Oct 2024

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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