Bank of India Midcap Tax Fund - Series 1 - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : ELSS

Close Ended Fund. New investments not allowed in this fund.

Scheme Objective

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.

Scheme Details

Fund manager(s) – Nilesh Jethani
Launch date – 19-Feb-2018
Expense ratio – 0% as declared on 17-Sep-2025 (category average is 0%)
Benchmark - BSE 500 TRI

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Close Ended Fund. New investments not allowed in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

62.36

0.00

0.00%

Aug - 2025	62.36	0.00%
Jul - 2025	63.64	0.00%
Jun - 2025	65.95	0.00%
May - 2025	63.19	0.00%
Apr - 2025	58.23	0.00%
Mar - 2025	56.79	0.00%
Feb - 2025	52.75	0.00%
Jan - 2025	60.00	0.00%

2024

66.47

0.00

0.00%

Dec - 2024	66.47	0.00	0.00%
Nov - 2024	66.85	0.00	0.00%
Oct - 2024	66.92	0.00	0.00%
Sep - 2024	70.90	0.00	0.00%
Aug - 2024	72.69	0.00	0.00%
Jul - 2024	72.87	0.00	0.00%
Jun - 2024	71.32	0.00	0.00%
May - 2024	66.24	225918.37	0.03%
Apr - 2024	65.86	224447.92	0.03%
Mar - 2024	63.64	215733.68	0.03%
Feb - 2024	63.70	211315.08	0.03%
Jan - 2024	63.37	206353.50	0.03%

2023

62.43

202269.65

0.03%

Dec - 2023	62.43	202269.65	0.03%
Nov - 2023	59.06	189848.40	0.03%
Oct - 2023	54.11	176832.72	0.03%
Sep - 2023	56.49	181500.96	0.03%
Aug - 2023	55.37	177892.68	0.03%
Jul - 2023	55.40	178192.13	0.03%
Jun - 2023	55.53	172211.10	0.03%
May - 2023	54.40	164815.48	0.03%
Apr - 2023	51.93	158904.44	0.03%
Mar - 2023	50.74	151907.17	0.03%
Feb - 2023	51.57	150529.10	0.03%
Jan - 2023	55.17	151722.94	0.04%

2022

59.46

155162.38

0.04%

Dec - 2022	59.46	155162.38	0.04%
Nov - 2022	61.66	159241.35	0.04%
Oct - 2022	62.74	155754.86	0.04%
Sep - 2022	62.58	149928.78	0.04%
Aug - 2022	63.67	154084.09	0.04%
Jul - 2022	61.68	148373.94	0.04%
Jun - 2022	56.39	134666.43	0.04%
May - 2022	59.53	141265.38	0.04%
Apr - 2022	64.71	146552.48	0.04%
Mar - 2022	66.46	148040.08	0.04%
Feb - 2022	65.77	141131.81	0.05%
Jan - 2022	71.94	147053.56	0.05%

2021

77.58

148232.86

0.05%

Dec - 2021	77.58	148232.86	0.05%
Nov - 2021	74.67	144753.62	0.05%
Oct - 2021	79.41	148577.02	0.05%
Sep - 2021	82.39	147829.39	0.06%
Aug - 2021	83.83	144267.68	0.06%
Jul - 2021	83.96	136960.26	0.06%
Jun - 2021	82.44	133939.01	0.06%
May - 2021	83.11	130955.85	0.06%
Apr - 2021	80.64	123640.14	0.07%
Mar - 2021	85.66	123199.95	0.07%
Feb - 2021	96.99	120899.33	0.08%
Jan - 2021	113.22	112583.71	0.10%

2020

114.44

115739.83

0.10%

Dec - 2020	114.44	115739.83	0.10%
Nov - 2020	108.59	108779.40	0.10%
Oct - 2020	99.45	97909.68	0.10%
Sep - 2020	99.32	95751.81	0.10%
Aug - 2020	93.56	96606.63	0.10%
Jul - 2020	88.97	92428.35	0.10%
Jun - 2020	81.88	87892.67	0.09%
May - 2020	78.07	81475.88	0.10%
Apr - 2020	80.64	83177.04	0.10%
Mar - 2020	71.04	72871.55	0.10%
Feb - 2020	91.55	94083.33	0.10%
Jan - 2020	91.61	98551.37	0.09%

Tax Rate

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakhs in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Contact Details

Bank of India Investment Managers Private Limited

B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013
Tel no.: 022-61249000
Fax no.: 022-61249001
Website.: www.boimf.in

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hunch
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24 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more

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  JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss
  
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shravanashok
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39 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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20 hrs ago

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  Strengthen Your Financial Future with a Safe, High-Yield PSU Bond U.P. Power Corporation Limited – 2027 Bond now listed on The Fixed Income ✔️ Coupon: 10.15% p.a. ✔️ Rating: CRISIL A+(CE) Stable, India Rating A+(CE) Stable, Brickwork AA-(CE) Stable ✔️ Tenor: 1 year 4 months (Maturity: Jan 20, 2027) ✔️ Senior Secured | PSU Bond | High Return | Listed Opt for a secure investment backed by a government enterprise, delivering strong returns and long-term stability. Ideal for investors seeking safety without compromising on yield. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dkJLdg-tfi/1015-up-power-corporation-limited-2027?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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sunny85deol
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90 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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Progrowth Finwealth
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90 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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96 days ago

Why are the NAVs of Indian Debt Mutual Funds going down after the rate cut View more

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