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 Regular Plan IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 63/100 · Average
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)13.35%
- Expense ratio (20%)1.47%
- AUM (15%)₹514 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Bank of India Mutual Fund · ELSS · Large & MidCap
₹34.56
AUM: ₹513 Cr
NAV updated about 11 hours ago
Plan
Regular
Option
Idcw
Risk
High
Expense Ratio
1.47%
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
Jan 2013
Benchmark
BSE 250 Large MidCap Total Return Index
Sharpe Ratio
0.06
Std Dev (1Y)
16.21%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-1.65%
3m
+3.72%
6m
+16.56%
1y
+5.66%
3y
+13.35%
5y
+10.45%
10y
+13.81%
since inception
+17.05%
TopFund's Take on BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan IDCW
BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan IDCW sits in the middle of the pack for Large & MidCap funds, 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 63/100.
Cost: At 1.47%, the expense ratio runs 67% above the Large & MidCap category average of 0.88%. 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 0.06 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 16.21% is fairly typical for Large & MidCap funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a ELSS fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
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
Similar Funds
No similar funds found.
Tools & Guides for This Fund
Frequently Asked Questions about BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan IDCW
The current NAV (Net Asset Value) of BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan IDCW is ₹34.56. NAV is updated every business day after market close by AMFI.
1Y: 5.66% · 3Y CAGR: 13.35% · 5Y CAGR: 10.45%
The expense ratio of BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan IDCW is 1.47% per annum. This is the annual fee charged by the fund to manage your investment.
BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan IDCW is managed by Alok Singh at Bank of India Mutual Fund.
BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan IDCW is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan IDCW 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 Midcap Tax Fund Series 2 Regular Plan IDCW 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 Midcap Tax Fund Series 2 Regular Plan IDCW is ₹514 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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