Bank Of India Elss Tax Saver - Regular Plan - Growth

Bank Of India Elss Tax Saver - Regular Plan - Growth is a scheme launched by Bank of India Mutual Fund on February 25, 2009, and falls under the ELSS fund category. It currently manages an AUM of Rs 1,354.96 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 500. It charges an expense ratio of 1.95% for managing the portfolio.

• Investing Strategy:

  To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.

• Performance:

  Bank Of India Elss Tax Saver - Regular Plan - Growth trailing returns over different times are -6.88% (1 year), 16.92% (3 year) and 20.88% (5 year). The average annual return of this fund stands at -4.04%.