Can I invest in SIP and Lumpsum in Bank of India ELSS Tax Saver (G) Direct Growth?

Yes, you can invest both lumpsum and SIP in Bank of India ELSS Tax Saver (G). Minimum lumpsum investment Bank of India ELSS Tax Saver (G) is ₹500 and minimum SIP amount is ₹500 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Bank of India ELSS Tax Saver (G) Direct Growth?

The latest NAV ( Net Asset Value ) of Bank of India ELSS Tax Saver (G) is Bank of India ELSS Tax Saver (G) is ₹153.31 as on 2025-04-24.

Which are the biggest stock holdings of Bank of India ELSS Tax Saver (G)?

The 5 biggest stock holdings of Bank of India ELSS Tax Saver (G) are: Vedanta (4.96%), HDFC Bank (4.92%), St Bk of India (4.91%), Coforge (4.03%), ICICI Bank (3.12%)

What are the top sectors Bank of India ELSS Tax Saver (G) invests in?

A majority of Bank of India ELSS Tax Saver (G) 's AUM worth ₹1,319.59 (Cr) is invested in these 3 top sectors: Banks : 15.31% IT-Software : 7.42% Power : 6.78%

Mutual Funds
AMC
Bank of India ELSS Tax Saver (G)

Bank of India ELSS Tax Saver (G)

ELSS

Invest Now

NAV
153.31(-0.16%)
Fund Size (CR)
₹1,319.59
Expense Ratio
1.98
Scheme Type
Active Fund
Value Research

Min. investment
₹500
Minimum Additional Investment
₹500
Minimum SIP Investment
₹500
Minimum Withdrawal
₹500
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
18.41%

Absolute Return: 0.06%

Annualized Return: 0%

Basic Details

Scheme Manager

Alok Singh

Bench Mark

BSE 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	16 April 2025	10348.41	3.48%	-	3.68%	140/221
1 Month	21 March 2025	10253.74	2.54%	-	4.47%	211/221
3 Month	23 January 2025	9873.97	-1.26%	-	1.49%	165/217
6 Month	23 October 2024	9250.60	-7.49%	-	-4.40%	155/217
1 Year	23 April 2024	9903.26	-0.97%	-0.97%	8.52%	208/217
3 Year	22 April 2022	15881.68	58.82%	16.64%	16.69%	101/207
5 Year	23 April 2020	31160.71	211.61%	25.51%	26.23%	103/207
Since Inception	25 February 2009	153560.00	1435.60%	18.41%	15.51%	31/221

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	2 May 2024	1,20,000	113031.00	-5.81%	-5.81%
3 Year	2 May 2022	3,60,000	453554.66	25.99%	8.00%
5 Year	4 May 2020	6,00,000	944282.70	57.38%	9.49%
10 Year	4 May 2015	12,00,000	2985864.76	148.82%	9.54%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

5.07%

Standard Deviation

1.10%

Beta

0.56%

Sharpe Ratio

-0.01%

Treynor's Ratio

1.11%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Vedanta	4.96%	1412000	65.43	Equity	Mining & Mineral products
HDFC Bank	4.92%	355000	64.90	Equity	Banks
St Bk of India	4.91%	839000	64.73	Equity	Banks
Coforge	4.03%	65600	53.20	Equity	IT - Software
ICICI Bank	3.12%	305000	41.12	Equity	Banks
Ami Organics	2.94%	158900	38.78	Equity	Pharmaceuticals
Hind.Aeronautics	2.72%	86000	35.93	Equity	Aerospace & Defence
NTPC	2.59%	955000	34.15	Equity	Power Generation & Distribution
REC Ltd	2.41%	741000	31.80	Equity	Finance
Dixon Technolog.	2.40%	24000	31.63	Equity	Consumer Durables

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
SBI Long Term Advantage Fund-Series V -Dir (IDCW)	342.25	8.77%	5.76%	5.51%	32.59%	21.19%
SBI Long Term Advantage Fund - Series V -Dir (G)	342.25	8.77%	5.76%	5.51%	32.59%	21.19%
DSP ELSS Tax Saver Fund - Direct (G)	16217.91	4.83%	5.81%	-0.09%	18.69%	20.57%
WhiteOak Capital ELSS Tax Saver Fund - Direct (G)	341.11	4.18%	2.61%	-0.29%	18.52%	-
WhiteOak Capital ELSS Tax Saver Fund - Direct (IDCW)	341.11	4.18%	2.61%	-0.29%	18.52%	-

List of Schemes under Bank of India Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Bank of India Midcap Tax Fund - Series 2	Equity	Very High	1.82%	0	₹29.90
Bank of India Business Cycle Fund	Equity	Very High	0%	0	₹514.97
Bank of India Arbitrage Fund	Hybrid	Low	7.47%	1	₹43.72
Bank of India Small Cap Fund	Equity	Very High	10.07%	4	₹1,574.18
Bank of India Midcap Tax Fund - Series 1	Equity	Very High	0.87%	0	₹56.79
Bank of India Consumption Fund	Equity	Very High	0%	0	₹388.42
Bank of India Bluechip Fund	Equity	Very High	1.53%	3	₹184.13
Bank of India ELSS Tax Saver	Equity	Very High	0.16%	4	₹1,319.59
Bank of India Large & Mid Cap Equity Fund	Equity	Very High	5.76%	2	₹362.39
Bank of India Flexi Cap Fund	Equity	Very High	4.16%	4	₹1,962.03
Bank of India Money Market Fund	Debt	Moderately Low	0%	0	₹134.49
Bank of India Short Term Income Fund	Debt	Moderately Low	11.04%	0	₹120.49
Bank of India Overnight Fund	Debt	Low	6.69%	5	₹50.36
Bank of India Mid & Small Cap Equity & Debt Fund	Hybrid	Very High	7.18%	4	₹1,067.62
Bank of India Manufacturing & Infrastructure Fund	Equity	Very High	4.95%	4	₹513.93
Bank of India Liquid Fund	Debt	Moderately Low	7.39%	4	₹1,810.18
Bank of India Conservative Hybrid Fund	Hybrid	Moderate	5.35%	3	₹67.72
Bank of India Ultra Short Duration Fund	Debt	Moderate	7.47%	1	₹197.34
Bank of India Multi Cap Fund	Equity	Very High	8.42%	0	₹778.03
Bank of India Multi Asset Allocation Fund	Hybrid	Very High	8.69%	0	₹334.40
Bank of India Credit Risk Fund	Debt	Moderately High	5.9%	2	₹109.50
Bank of India Balanced Advantage Fund	Hybrid	Very High	3.34%	2	₹132.04

News

Bank of India Mutual Fund announces change in Key Personnel
Bank of India Mutual Fund has announced that Mr. Subrat Kumar has been appointed as an Associate Director on the Board of the Trustee Company with effect from April 01, 2025.
Details of Mr. Subrat Kumar,
Age: 54 years
Designation: Associate Director
Qualification:' B.Sc, MBA in Finance, CAIIB
Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

12 December 2008

Total AUM (Cr)

₹1319.59

Bank of India ELSS Tax Saver (G) is an ELSS-oriented fund from the renowned AMC, Bank of India Mutual Fund. Launched in 12 December 2008, this fund is managed by Alok Singh. With assets under management (AUM) worth ₹1,319.59 (Cr), as of 24 April 2025, Bank of India ELSS Tax Saver (G) is categorized as a ELSS within its segment. The fund has generated a return of 18.41% since its launch.
The current NAV of Bank of India ELSS Tax Saver (G) is ₹153.31, as on 24 April 2025. The fund's benchmark index is BSE 500 TRI. You can invest in Bank of India ELSS Tax Saver (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 16.64% and 25.51% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 94.28% in Equity, 4.80% in Debt and 0.92% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 15.31% in Banks, 7.42% in IT-Software, 6.78% in Power, 6.15% in Pharmaceuticals & Biotech, 4.96% in Diversified Metals

FAQs

How to Invest in Bank of India ELSS Tax Saver (G) Direct Growth?

Bank of India ELSS Tax Saver (G) is a popular fund in the ELSS segment. The fund has generated a return of 18.41% since inception. Looking to invest in Bank of India ELSS Tax Saver (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Bank of India ELSS Tax Saver (G) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Bank of India ELSS Tax Saver (G)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Bank of India ELSS Tax Saver (G) today and reap the benefits of this ELSS fund!

How much returns has Bank of India ELSS Tax Saver (G) Direct Growth generated?

In the short term, i.e., 1 year, Bank of India ELSS Tax Saver (G) has generated annualised return of -0.97%. In the long-term, the fund has generated 16.64% and 25.51% in 3 and 5 years respectively. Since its inception, the fund has generated 18.41% returns.

What is the expense ratio of Bank of India ELSS Tax Saver (G) Direct Growth?

The expense ratio of Bank of India ELSS Tax Saver (G) Direct Growth is 1.98%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Bank of India ELSS Tax Saver (G) Fund Direct Growth?

The Assets Under Management (AUM) of Bank of India ELSS Tax Saver (G) is ₹1,319.59 (Cr) as of 2025-04-24 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Bank of India ELSS Tax Saver (G) Direct Growth?

Redeeming or selling units of Bank of India ELSS Tax Saver (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Bank of India ELSS Tax Saver (G):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Bank of India ELSS Tax Saver (G)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).