Bank Of India Elss Tax Saver Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 14
BMSMONEY Rating
Gro. Opt. As On: 20-12-2024
NAV ₹169.68(R) -1.96% ₹196.26(D) -1.96%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 27.73% 20.64% 25.13% 17.04% 16.73%
LumpSum (D) 29.13% 21.98% 26.49% 18.35% 18.2%
SIP (R) -34.17% 22.43% 24.72% 22.83% 19.93%
SIP (D) -33.35% 23.85% 26.13% 24.16% 21.27%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.8 0.43 0.72 2.8% 0.12
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.5% -15.72% -16.59% 0.99 10.12%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
Sbi Long Term Equity Fund 2
Hdfc Taxsaver 3
Hsbc Tax Saver Equity Fund 4
DSP ELSS Tax Saver Fund 5
Quantum ELSS Tax Saver Fund 6
JM ELSS Tax Saver Fund 7

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
BANK OF INDIA ELSS Tax Saver -ECO Plan-IDCW 30.42
-0.6100
-1.9700%
BANK OF INDIA ELSS Tax Saver -Regular Plan-IDCW 32.69
-0.6500
-1.9500%
BANK OF INDIA ELSS Tax Saver -Direct Plan-IDCW 78.38
-1.5700
-1.9600%
BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth 169.68
-3.4000
-1.9600%
BANK OF INDIA ELSS Tax Saver -ECO Plan-Growth 183.27
-3.6700
-1.9600%
BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth 196.26
-3.9300
-1.9600%

Review Date: 20-12-2024

Bank of India ELSS Tax Saver has exhibited average performance in the ELSS (Tax Saving) Fund category. The fund has rank of 14 out of 33 funds in the category. The fund has delivered return of 27.73% in 1 year, 20.64% in 3 years, 25.13% in 5 years and 16.73% in 10 years. The category average for the same periods is 23.27%, 17.87%, 19.02% and 13.92% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 14.5, VaR of -15.72, Average Drawdown of -6.53, Semi Deviation of 10.12 and Max Drawdown of -16.59. The category average for the same parameters is 13.04, -15.83, -5.26, 9.14 and -11.69 respectively. The fund has high risk in the category.

Key Points:

  1. An investment of ₹10,000 in Bank of India ELSS Tax Saver direct growth option would have grown to ₹12913.0 in 1 year, ₹18150.0 in 3 years and ₹32375.0 in 5 years as of today (20-12-2024).
  2. An SIP of ₹1,000 per month in Bank of India ELSS Tax Saver direct growth option would have grown to ₹9700.0 in 1 year, ₹50946.0 in 3 years and ₹114481.0 in 5 years as of today (20-12-2024).
  3. standard deviation of 14.5 and based on VaR one can expect to lose more than -15.72% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.8 which shows good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.85, Beta of 0.99 and Jensen's Alpha of 2.8% which exhibit good performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 5.08
2.71
-0.34 | 7.00 3 | 40 Very Good
3M Return % -1.64
-5.99
-14.44 | 0.72 4 | 40 Very Good
6M Return % -0.95
2.52
-12.14 | 14.98 36 | 40 Poor
1Y Return % 27.73
23.27
11.16 | 51.18 8 | 40 Very Good
3Y Return % 20.64
17.87
9.53 | 29.09 5 | 33 Very Good
5Y Return % 25.13
19.02
11.89 | 30.16 2 | 33 Very Good
7Y Return % 17.04
13.86
8.59 | 20.73 3 | 29 Very Good
10Y Return % 16.73
13.92
10.55 | 20.37 2 | 23 Very Good
15Y Return % 14.51
13.97
11.63 | 15.99 8 | 19 Good
1Y SIP Return % -34.17
-33.97
-40.29 | -15.35 15 | 37 Good
3Y SIP Return % 22.43
17.26
10.68 | 35.25 4 | 32 Very Good
5Y SIP Return % 24.72
20.14
12.89 | 30.76 3 | 32 Very Good
7Y SIP Return % 22.83
18.09
11.66 | 25.00 3 | 28 Very Good
10Y SIP Return % 19.93
15.93
11.34 | 19.93 1 | 22 Very Good
15Y SIP Return % 17.72
15.39
12.91 | 17.72 1 | 19 Very Good
Standard Deviation 14.50
13.04
10.02 | 16.62 31 | 33 Poor
Semi Deviation 10.12
9.14
7.26 | 11.80 31 | 33 Poor
Max Drawdown % -16.59
-11.69
-21.18 | -6.28 31 | 33 Poor
VaR 1 Y % -15.72
-15.83
-22.63 | -11.90 19 | 33 Average
Average Drawdown % -6.53
-5.26
-7.50 | -3.00 30 | 33 Poor
Sharpe Ratio 0.80
0.74
0.08 | 1.30 14 | 33 Good
Sterling Ratio 0.72
0.81
0.26 | 1.37 23 | 33 Average
Sortino Ratio 0.43
0.39
0.07 | 0.73 13 | 33 Good
Jensen Alpha % 2.80
3.67
-8.11 | 17.38 18 | 33 Good
Treynor Ratio 0.12
0.46
0.01 | 5.74 16 | 33 Good
Modigliani Square Measure % 17.92
19.74
7.07 | 47.49 16 | 33 Good
Alpha % 2.70
-1.14
-28.62 | 9.74 13 | 33 Good
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 5.17 2.81 -0.25 | 7.10 3 | 41
3M Return % -1.37 -5.77 -14.21 | 0.94 4 | 41
6M Return % -0.39 3.03 -11.68 | 15.66 37 | 41
1Y Return % 29.13 24.61 12.47 | 53.00 8 | 41
3Y Return % 21.98 19.20 10.39 | 30.66 6 | 33
5Y Return % 26.49 20.39 12.83 | 32.24 2 | 33
7Y Return % 18.35 15.07 9.58 | 22.41 3 | 29
10Y Return % 18.20 14.95 11.40 | 21.63 2 | 24
1Y SIP Return % -33.35 -33.38 -39.54 | -14.23 15 | 39
3Y SIP Return % 23.85 18.65 11.78 | 36.94 5 | 32
5Y SIP Return % 26.13 21.54 13.82 | 32.36 3 | 32
7Y SIP Return % 24.16 19.32 12.60 | 26.48 2 | 28
10Y SIP Return % 21.27 16.95 12.32 | 21.27 1 | 23
Standard Deviation 14.50 13.04 10.02 | 16.62 31 | 33
Semi Deviation 10.12 9.14 7.26 | 11.80 31 | 33
Max Drawdown % -16.59 -11.69 -21.18 | -6.28 31 | 33
VaR 1 Y % -15.72 -15.83 -22.63 | -11.90 19 | 33
Average Drawdown % -6.53 -5.26 -7.50 | -3.00 30 | 33
Sharpe Ratio 0.80 0.74 0.08 | 1.30 14 | 33
Sterling Ratio 0.72 0.81 0.26 | 1.37 23 | 33
Sortino Ratio 0.43 0.39 0.07 | 0.73 13 | 33
Jensen Alpha % 2.80 3.67 -8.11 | 17.38 18 | 33
Treynor Ratio 0.12 0.46 0.01 | 5.74 16 | 33
Modigliani Square Measure % 17.92 19.74 7.07 | 47.49 16 | 33
Alpha % 2.70 -1.14 -28.62 | 9.74 13 | 33
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.96 ₹ 9,804.00 -1.96 ₹ 9,804.00
1W -4.16 ₹ 9,584.00 -4.14 ₹ 9,586.00
1M 5.08 ₹ 10,508.00 5.17 ₹ 10,517.00
3M -1.64 ₹ 9,836.00 -1.37 ₹ 9,863.00
6M -0.95 ₹ 9,905.00 -0.39 ₹ 9,961.00
1Y 27.73 ₹ 12,773.00 29.13 ₹ 12,913.00
3Y 20.64 ₹ 17,558.00 21.98 ₹ 18,150.00
5Y 25.13 ₹ 30,672.00 26.49 ₹ 32,375.00
7Y 17.04 ₹ 30,085.00 18.35 ₹ 32,520.00
10Y 16.73 ₹ 46,990.00 18.20 ₹ 53,216.00
15Y 14.51 ₹ 76,364.00 ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -34.17 ₹ 9,639.17 -33.35 ₹ 9,700.12
3Y ₹ 36000 22.43 ₹ 49,958.71 23.85 ₹ 50,945.80
5Y ₹ 60000 24.72 ₹ 110,681.34 26.13 ₹ 114,480.60
7Y ₹ 84000 22.83 ₹ 189,514.58 24.16 ₹ 198,707.12
10Y ₹ 120000 19.93 ₹ 343,386.48 21.27 ₹ 369,077.16
15Y ₹ 180000 17.72 ₹ 782,541.36 ₹


Date Bank Of India Elss Tax Saver NAV Regular Growth Bank Of India Elss Tax Saver NAV Direct Growth
20-12-2024 169.68 196.26
19-12-2024 173.08 200.19
18-12-2024 174.32 201.62
17-12-2024 175.43 202.9
16-12-2024 177.56 205.35
13-12-2024 177.05 204.74
12-12-2024 176.62 204.24
11-12-2024 177.76 205.56
10-12-2024 176.77 204.4
09-12-2024 176.05 203.57
06-12-2024 175.65 203.09
05-12-2024 175.06 202.39
04-12-2024 174.6 201.85
03-12-2024 172.18 199.05
02-12-2024 170.02 196.55
29-11-2024 168.92 195.26
28-11-2024 168.03 194.22
27-11-2024 168.36 194.6
26-11-2024 167.67 193.8
25-11-2024 167.56 193.66
22-11-2024 164.33 189.92
21-11-2024 161.48 186.61

Fund Launch Date: 12/Dec/2008
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: The Scheme seeks to generate long-term capital growth from a diversified portfolio ofpredominantly 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. There can be no assurance that the investment objectives of the Scheme will be realized.
Fund Description: An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
Fund Benchmark: BSE 500 Total Return Index (Total Return Index)
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.