Bank of India ELSS Tax Saver Fund
The scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is not providing any assured or guaranteed returns.
Growthvine rating: 3/5 — ranked #26 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹158.86 (as of 2026-10-01) |
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| AUM | ₹1,414 Cr |
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| Expense ratio | 1.83% |
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| Riskometer | Very High |
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| Fund manager | Alok Singh |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 9.60% |
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| Sharpe ratio | 0.47 |
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| Standard deviation | 17.69% |
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| Max drawdown | −31.77% |
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| Alpha | 0.89 |
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| Beta | 1.07 |
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Over 5 years, captured 106.8% of Nifty 500's upside and 104.5% of its downside.
Market cap allocation
| Large cap | 55.8% |
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| Mid cap | 16.8% |
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| Small cap | 27.4% |
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Concentration
| Top 5 holdings | 20.1% |
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| Top 10 holdings | 33.8% |
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| Total holdings | 56 |
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| Index overlap | 27.9% |
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| Active share | 72.1% |
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Top holdings
- TREPS — 7.3%
- State Bank Of India — 5.4%
- ICICI Bank Ltd. — 4.5%
- REPO — 4.2%
- Hindustan Aeronautics Limited — 3.7%
- QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED — 3.3%
- Bharti Airtel Ltd. — 3.2%
- UNO Minda Limited — 3.0%
- Balrampur Chini Mills Ltd. — 2.8%
- HEG Ltd. — 2.7%
Top sectors
- Banking & Financial — 18.9%
- Cash — 11.7%
- Automobile — 7.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −1.3% | Q2 | #16 of 52 |
| 2025 | −3.5% | Q4 (Bottom) | #47 of 51 |
| 2024 | 21.6% | Q2 | #17 of 51 |
| 2023 | 34.8% | Q1 (Top) | #12 of 48 |
| 2022 | −1.3% | Q4 (Bottom) | #36 of 43 |