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BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 55/100 · Average
How this score is calculated
- Star rating (35%)1/5
- 3Y CAGR (30%)14.68%
- Expense ratio (20%)1.32%
- AUM (15%)₹767 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Bank of India Mutual Fund · Equity · Mid Cap
₹10.51
AUM: ₹766 Cr
NAV updated about 4 hours ago
Plan
Direct
Option
Growth
Risk
Very High
Expense Ratio
1.32%
Exit Load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
Fund Manager
Alok Singh
Inception
Aug 2025
Benchmark
NIFTY Midcap 150 Total Return Index
Sharpe Ratio
0.33
Std Dev (1Y)
16.59%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-2.14%
3m
+1.74%
6m
+13.01%
1y
+4.68%
3y
+14.68%
5y
+11.56%
10y
+13.81%
since inception
+14.13%
TopFund's Take on BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth sits in the middle of the pack for Mid Cap funds, currently carrying a 1-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 55/100.
Cost: At 1.32%, the expense ratio runs 71% above the Mid Cap category average of 0.77%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.33 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 16.59% is fairly typical for Mid Cap funds.
Who should invest: This fund is best suited to investors with a 5+ year horizon comfortable with meaningfully higher volatility than large cap funds. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth
The current NAV (Net Asset Value) of BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth is ₹10.51. NAV is updated every business day after market close by AMFI.
1Y: 4.68% · 3Y CAGR: 14.68% · 5Y CAGR: 11.56%
The expense ratio of BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth is 1.32% per annum. This is the annual fee charged by the fund to manage your investment.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth is managed by Alok Singh at Bank of India Mutual Fund.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Yes, BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth is ₹767 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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