Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
BANK OF INDIA Midcap Tax Fund Series 2 Direct Plan IDCW
★★★★★ monitor_heart Health Score: 74/100 · GoodBank of India Mutual Fund · Income
₹34.75
AUM: ₹1,380 Cr
NAV updated 27 days ago
Plan
Direct
Option
Idcw
Risk
—
Expense Ratio
0.99%
Exit Load
Nil
Fund Manager
Saurabh Kataria
Inception
Jan 2013
Benchmark
BSE 500 Total Return Index
Sharpe Ratio
-0.12
Std Dev (1Y)
16.5%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+1.71%
3m
+8.35%
6m
+3.44%
1y
+3.87%
3y
+16.91%
5y
+14.32%
10y
+17.55%
since inception
+17.71%
rate_review TopFund's Take on BANK OF INDIA Midcap Tax Fund Series 2 Direct Plan IDCW
BANK OF INDIA Midcap Tax Fund Series 2 Direct Plan IDCW holds up reasonably well within the Income category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 74/100.
Cost: The expense ratio is 0.99% per annum, deducted daily from the NAV to cover fund management and operating costs.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.12 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 16.5% is fairly typical for actively managed equity funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Income fund.
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.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about BANK OF INDIA Midcap Tax Fund Series 2 Direct Plan IDCW
The current NAV (Net Asset Value) of BANK OF INDIA Midcap Tax Fund Series 2 Direct Plan IDCW is ₹34.75. NAV is updated every business day after market close by AMFI.
1Y: 3.87% · 3Y CAGR: 16.91% · 5Y CAGR: 14.32%
The expense ratio is 0.99% per annum — the annual fee deducted from your investment to cover fund management costs.
BANK OF INDIA Midcap Tax Fund Series 2 Direct Plan IDCW is managed by Saurabh Kataria at Bank of India Mutual Fund.
BANK OF INDIA Midcap Tax Fund Series 2 Direct Plan IDCW is a moderate risk fund. Suitable for investors with a moderate risk appetite.
BANK OF INDIA Midcap Tax Fund Series 2 Direct Plan IDCW is a Income fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of BANK OF INDIA Midcap Tax Fund Series 2 Direct Plan IDCW is ₹1,380 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.