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InvestVerdict

BANK OF INDIA ELSS TAX SAVER FUND

Direct Plan · IDCW · ELSS (Tax Saving) · Scheme code 119352

NAV₹73.7400as on 30 Oct 2026
Fund houseBank of India Mutual Fund
CategoryELSS (Tax Saving)
Plan & optionDirect · IDCW
History13.6 years

Returns (%)

 1M3M6M1Y3Y5Y7Y10YLaunch
This scheme 2.494.084.76 8.9814.7112.83 18.2313.6414.27
Nifty 500
benchmark		 0.874.312.15 5.2012.4911.41 ——15.49
ELSS (Tax Saving)
category median		 ——— -6.5611.359.71 —12.76—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

 VolatilitySharpeSortinoBetaAlphaMax fallR²
This scheme 17.7% 0.46 0.73 1.07 1.84% -34.9% 84.75
Nifty 500
benchmark		 15.2%0.39 0.58—— -37.3%—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the 36 months this scheme and its benchmark share.

Growth of ₹100 since launch

452594736872014201620182020202220242026InvestVerdict

Drawdown from peak (%)

0%-11%-21%-32%2014201620182020202220242026

Every one-year period it has lived through

WindowsWorstMedianBestPeriods that lost money
3,110 -25.8% 15.7% 81.1% 25%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

How it behaves against its benchmark

Up captureDown captureCorrelation Tracking errorInformation ratioTreynor
115% 111% 0.92 7.0% 0.32 7.61

Up capture is how much of the benchmark's gain this scheme kept in the months the benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it on the up side is the combination every fund is trying for and few reach. Measured over the 36 months this scheme and Nifty 500 share.

InvestVerdict

BANK OF INDIA ELSS TAX SAVER FUND

Direct Plan · IDCW

Allocation

By asset

Equity88.04%
Cash & Equivalents9.15%
Debt2.81%

By market cap

Large Cap101.63%
Mid Cap28.05%
Small Cap39.68%
Unclassified10.52%

Concentration

Number of stocks60
Top 5 stocks19.40%
Top 10 stocks33.54%
Top 20 stocks54.83%
Lines in the filing62
Largest holding5.02%
Largest sectorBanks 17.08%
Effective stocks48.8
Sectors held38
Cash9.15%

Effective stocks is what the concentration works out to: a fund holding 60 names but most of its money in a few behaves like a fund of 49. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

Banks — 17.1% — 9.0%Aerospace & Defense — 5.4%Auto Components — 5.2%Pharmaceuticals & Biotechnology — 4.9%Electrical Equipment — 4.3%Industrial Manufacturing — 3.4%Power — 3.4%Food Products — 3.3%Other — 44.0%Banks17.1% 9.0%Aerospace & Defense5.4%Auto Components5.2%Pharmaceuticals & Biotech…4.9%Electrical Equipment4.3%Industrial Manufacturing3.4%Power3.4%Food Products3.3%Other44.0%
Banks17.08%
9.03%
Aerospace & Defense5.41%
Auto Components5.16%
Pharmaceuticals & Biotechnology4.88%
Electrical Equipment4.32%
Industrial Manufacturing3.42%
Power3.41%
Food Products3.25%
Telecom - Services3.21%
Transport Infrastructure2.95%
Capital Markets2.84%
Agricultural Food & other Products2.81%
Consumer Durables2.74%
Insurance2.30%
Non - Ferrous Metals2.25%
Construction2.23%
Fertilizers & Agrochemicals2.02%
Petroleum Products1.95%
Miscellaneous1.82%
InvestVerdict

BANK OF INDIA ELSS TAX SAVER FUND

Direct Plan · IDCW · holdings

Top 30 holdings

#CompanySectorShares held Value
₹ cr		% of fund
1 TREPS — 123 9.03%
2 State Bank of India Banks 715,000 69 5.02%
3 ICICI Bank Limited Banks 440,000 58 4.26%
4 Hindustan Aeronautics Limited Aerospace & Defense 110,000 51 3.76%
5 Bharti Airtel Limited Telecom - Services 250,000 44 3.21%
6 Quality Power Electrical Eqp Ltd Electrical Equipment 272,000 43 3.15%
7 Adani Ports and Special Economic Zone Limited Transport Infrastructure 224,000 40 2.95%
8 UNO Minda Limited Auto Components 330,439 39 2.83%
9 Dr. Reddy's Laboratories Limited Pharmaceuticals & Biotechnology 311,000 38 2.81%
10 Balrampur Chini Mills Limited Agricultural Food & other Products 579,622 38 2.81%
11 LG Electronics India Ltd Consumer Durables 217,000 37 2.74%
12 NTPC Limited Power 1,041,000 34 2.46%
13 Bank of Baroda Banks 1,355,000 31 2.29%
14 EID Parry India Limited Food Products 450,000 31 2.26%
15 HDFC Bank Limited Banks 430,000 30 2.23%
16 Larsen & Toubro Limited Construction 81,000 30 2.23%
17 Coromandel International Limited Fertilizers & Agrochemicals 157,000 28 2.02%
18 Indian Bank Banks 340,000 27 2.01%
19 Acutaas Chemicals Limited Pharmaceuticals & Biotechnology 83,000 27 1.99%
20 Reliance Industries Limited Petroleum Products 225,000 27 1.95%
21 ICICI Prudential Asset Management Company Limited Capital Markets 80,649 25 1.85%
22 HEG Graphite Ltd Miscellaneous 530,000 25 1.82%
23 Aditya Infotech Limited Industrial Manufacturing 61,144 24 1.72%
24 Mahindra & Mahindra Limited Automobiles 79,000 23 1.71%
25 Bharat Electronics Limited Aerospace & Defense 579,350 23 1.65%
26 Tata Motors Ltd Agricultural, Commercial & Construction Vehicles 490,000 21 1.51%
27 SBI Life Insurance Company Limited Insurance 110,000 19 1.37%
28 Inox India Limited Industrial Products 90,000 18 1.35%
29 ZF Commercial Vehicle Control Systems India Limited Auto Components 78,000 18 1.34%
30 Swan Corp Limited Chemicals & Petrochemicals 650,000 18 1.33%
InvestVerdict

BANK OF INDIA ELSS TAX SAVER FUND

Direct Plan · IDCW · where the money sits

What the manager did last month

Between the filings of 30 Jun 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

BoughtSoldNew positionsSold out ofPrice move of holdings
₹36 cr ₹73 cr 1 4 -0.05%
StockShares tradedShares PriceValue
₹ cr
New position
Triveni Power Transmission Limited 148,923 entered — 8.1
Added to
State Bank of India 76,000 +11.9% +0.1% 7.8
ICICI Bank Limited 50,000 +12.8% +4.4% 7.2
Bank of Baroda 285,000 +33.5% -10.9% 6.9
Dr. Reddy's Laboratories Limited 51,000 +19.6% -15.4% 5.9
Mahindra & Mahindra Limited 12,000 +17.9% +10.7% 4.1
Balrampur Chini Mills Limited 60,000 +11.9% +5.6% 3.5
Max Financial Services Limited 2,685 +3.0% -5.4% 0.4
Trimmed
HDFC Bank Limited 184,000 -30.0% -6.2% 13.8
Vedanta Limited 500,000 -71.4% -5.9% 13.2
Acutaas Chemicals Limited 39,552 -27.7% -12.0% 12.3
ITC Limited 285,000 -36.3% -2.1% 8.0
JSW Steel Limited 47,500 -55.9% +3.6% 6.0
CMS Info System Limited 220,000 -82.3% -6.0% 5.8
Vedanta Aluminium Metal Limited 100,000 -24.4% +1.3% 4.5
Bharat Heavy Electricals Limited 100,000 -50.0% -1.7% 4.1
Sold out of
Kotak Mahindra Bank Limited 500,000 exited — 19.6
Ambuja Cements Limited 418,000 exited — 17.6
Vedanta Power Ltd 850,000 exited — 3.4
Vedanta Iron And Steel Limited 850,000 exited — 3.0
Not equityPrevious filingThis filingChange
Cash, repo and TREPS ₹0 cr ₹0 cr +₹0 cr
Debt: bills, CDs and commercial paper ₹16 cr ₹41 cr +₹25 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

InvestedValueGainXIRR
₹600,000 ₹827,308 ₹227,308 12.82%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 1 Nov 2026.