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InvestVerdict

BANK OF INDIA MID CAP TAX FUND Series 2

Regular Plan · Growth · ELSS (Tax Saving) · Scheme code 144314

NAV₹32.8700as on 30 Oct 2026
Fund houseBank of India Mutual Fund
CategoryELSS (Tax Saving)
Plan & optionRegular · Growth
History7.8 years

Returns (%)

 1M3M6M1Y3Y5Y7Y10YLaunch
This scheme 3.908.7113.47 10.9515.8912.15 19.62—17.62
Nifty 500
benchmark		 0.874.312.15 5.2012.4911.41 ——15.49
ELSS (Tax Saving)
category median		 ——— -6.1210.378.73 —11.55—

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

Risk

 VolatilitySharpeSortinoBetaAlphaMax fallR²
This scheme 18.6% 0.51 0.80 1.14 2.32% -34.2% 88.11
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

661702743782020202220242026InvestVerdict

Drawdown from peak (%)

0%-12%-23%-35%2020202220242026

Every one-year period it has lived through

WindowsWorstMedianBestPeriods that lost money
1,689 -21.4% 14.1% 91.5% 24%

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
122% 118% 0.94 6.8% 0.47 7.91

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 MID CAP TAX FUND Series 2

Regular Plan · Growth

Allocation

By asset

Equity97.36%
Cash & Equivalents2.49%
Debt0.15%

By market cap

Concentration

Number of stocks55
Top 5 stocks19.98%
Top 10 stocks34.88%
Top 20 stocks58.21%
Lines in the filing57
Largest holding4.59%
Largest sectorPharmaceuticals & Biotechnology 13.02%
Effective stocks42.7
Sectors held31
Cash2.49%

Effective stocks is what the concentration works out to: a fund holding 55 names but most of its money in a few behaves like a fund of 43. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

Pharmaceuticals & Biotechnology — 13.0%Banks — 11.3%Auto Components — 9.6%Electrical Equipment — 5.1%Retailing — 5.1%Aerospace & Defense — 4.3%IT - Software — 4.1%Ferrous Metals — 4.1%Industrial Products — 3.9%Other — 39.5%Pharmaceuticals & Biotech…13.0%Banks11.3%Auto Components9.6%Electrical Equipment5.1%Retailing5.1%Aerospace & Defense4.3%IT - Software4.1%Ferrous Metals4.1%Industrial Products3.9%Other39.5%
Pharmaceuticals & Biotechnology13.02%
Banks11.34%
Auto Components9.55%
Electrical Equipment5.11%
Retailing5.10%
Aerospace & Defense4.25%
IT - Software4.09%
Ferrous Metals4.08%
Industrial Products3.94%
Insurance3.82%
Capital Markets3.75%
Finance3.41%
Telecom - Equipment & Accessories2.79%
Financial Technology (Fintech)2.71%
Realty2.52%
Consumer Durables2.14%
2.09%
Transport Services2.09%
Telecom - Services1.70%
Minerals & Mining1.64%
InvestVerdict

BANK OF INDIA MID CAP TAX FUND Series 2

Regular Plan · Growth · holdings

Top 30 holdings

#CompanySectorShares held Value
₹ cr		% of fund
1 UNO Minda Limited Auto Components 12,600 1 4.59%
2 Bank of Maharashtra Banks 175,200 1 4.33%
3 Coforge Limited IT - Software 7,515 1 4.09%
4 Aurobindo Pharma Limited Pharmaceuticals & Biotechnology 7,150 1 3.72%
5 HDFC Bank Limited Banks 14,760 1 3.25%
6 Quality Power Electrical Eqp Ltd Electrical Equipment 6,492 1 3.20%
7 The Federal Bank Limited Banks 32,000 1 3.16%
8 Steel Authority of India Limited Ferrous Metals 53,000 1 2.99%
9 Sterlite Technologies Limited Telecom - Equipment & Accessories 9,855 1 2.79%
10 Sigma Advanced Systems Limited Aerospace & Defense 8,645 1 2.76%
11 One 97 Communications Limited Financial Technology (Fintech) 5,200 1 2.71%
12 Meesho Ltd Retailing 38,209 1 2.71%
13 Oberoi Realty Limited Realty 4,589 1 2.52%
14 FSN E-Commerce Ventures Limited Retailing 24,000 1 2.39%
15 Abbott India Limited Pharmaceuticals & Biotechnology 280 1 2.36%
16 ICICI Lombard General Insurance Company Limited Insurance 4,600 1 2.28%
17 Xpro India Limited Industrial Products 5,988 1 2.16%
18 Dixon Technologies (India) Limited Consumer Durables 526 1 2.14%
19 TREPS — 1 2.09%
20 Container Corporation of India Limited Transport Services 15,000 1 2.09%
21 Angel One Limited Capital Markets 23,120 1 1.97%
22 Schaeffler India Limited Auto Components 1,615 1 1.96%
23 Lupin Limited Pharmaceuticals & Biotechnology 3,084 1 1.95%
24 Hitachi Energy India Limited Electrical Equipment 200 1 1.91%
25 Sona BLW Precision Forgings Limited Auto Components 7,200 1 1.86%
26 Dr. Reddy's Laboratories Limited Pharmaceuticals & Biotechnology 4,800 1 1.84%
27 Bharti Hexacom Limited Telecom - Services 3,830 1 1.70%
28 Housing & Urban Development Corporation Limited Finance 32,000 1 1.66%
29 HDB Financial Services Limited Finance 8,460 1 1.64%
30 Lloyds Metals And Energy Limited Minerals & Mining 2,790 1 1.64%
InvestVerdict

BANK OF INDIA MID CAP TAX FUND Series 2

Regular Plan · Growth · 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
₹0 cr ₹1 cr 7 4 +3.24%
StockShares tradedShares PriceValue
₹ cr
New position
Sterlite Technologies Limited 11,000 entered — 0.6
Dr. Reddy's Laboratories Limited 4,800 entered — 0.6
Sigma Advanced Systems Limited 8,645 entered — 0.5
Tata Technologies Limited 4,300 entered — 0.3
Meesho Ltd 17,509 entered — 0.3
Nippon Life India Asset Management Limited 2,700 entered — 0.3
Mankind Pharma Limited 1,260 entered — 0.3
Added to
Coforge Limited 2,200 +30.9% +17.4% 0.4
Trimmed
Jindal Stainless Limited 6,300 -57.3% +6.1% 0.5
Oberoi Realty Limited 1,800 -28.2% +3.3% 0.3
Bank of Maharashtra 21,000 -10.7% -13.2% 0.2
Quality Power Electrical Eqp Ltd 700 -8.2% -7.4% 0.1
Sold out of
Indian Bank 10,058 exited — 0.8
Zaggle Prepaid Ocean Services Limited 14,438 exited — 0.3
Vedanta Power Ltd 8,550 exited — 0.0
Vedanta Iron And Steel Limited 8,550 exited — 0.0
Not equityPrevious filingThis filingChange
Cash, repo and TREPS ₹0 cr ₹0 cr +₹0 cr
Debt: bills, CDs and commercial paper ₹0 cr ₹0 cr +₹0 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 ₹855,161 ₹255,161 14.16%

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 31 Oct 2026.