Bank Of India Tax Advantage Fund Overview | ||||||
---|---|---|---|---|---|---|
Category | ELSS (Tax Saving) Fund | |||||
BMSMONEY Rank | 5 | |||||
BMSMONEY Rating | ||||||
Gro. Opt. | As On: | 25-07-2024 | ||||
NAV | ₹171.47(R) | -0.13% | ₹197.43(D) | -0.13% | ||
Returns | 1Y | 3Y | 5Y | 7Y | 10Y | |
LumpSum (R) | 51.57% | 22.1% | 28.75% | 19.98% | 18.36% | |
LumpSum (D) | 53.14% | 23.43% | 30.15% | 21.35% | 19.84% | |
SIP (R) | 54.94% | 33.06% | 30.56% | 25.34% | 21.42% | |
SIP (D) | 56.58% | 34.43% | 31.95% | 26.64% | 22.75% | |
Ratio | Sharpe Ratio | Sortino Ratio | Sterling Ratio | Jensen's Alpha | Treynor Ratio | |
1.14 | 0.6 | 0.93 | 4.62% | 0.17 | ||
Risk | STD. Dev | VaR 1Y95% | Max DD | Beta | Semi Devi. | |
14.32% | -15.72% | -16.59% | 0.98 | 10.37% |
NAV Date: 25-07-2024
Scheme Name | NAV | Rupee Change | Percent Change |
---|---|---|---|
BANK OF INDIA Tax Advantage Fund-ECO Plan-IDCW | 30.71 |
-0.0400
|
-0.1300%
|
BANK OF INDIA Tax Advantage Fund-Regular Plan-IDCW | 33.03 |
-0.0400
|
-0.1200%
|
BANK OF INDIA Tax Advantage Fund-Direct Plan-IDCW | 78.85 |
-0.1000
|
-0.1300%
|
BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth | 171.47 |
-0.2200
|
-0.1300%
|
BANK OF INDIA Tax Advantage Fund-ECO Plan-Growth | 185.02 |
-0.2300
|
-0.1200%
|
BANK OF INDIA Tax Advantage Fund-Direct Plan- Growth | 197.43 |
-0.2500
|
-0.1300%
|
Review Date: 25-07-2024
Bank Of India Tax Advantage Fund has exhibited very good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 5 out of 35 funds in the category. The fund has delivered return of 51.57% in 1 year, 22.1% in 3 years, 28.75% in 5 years and 18.36% in 10 years. The category average for the same periods is 38.05%, 19.42%, 21.05% and 15.6% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 14.32, VaR of -15.72, Average Drawdown of -5.83, Semi Deviation of 10.37 and Max Drawdown of -16.59. The category average for the same parameters is 12.71, -14.08, -5.57, 9.01 and -12.33 respectively. The fund has high risk in the category.Key Points:
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Performance |
---|---|---|---|---|---|---|
1M Return % | 0.98 |
2.35
|
0.40 | 4.32 | 33 | 35 | Poor | |
3M Return % | 8.48 |
10.68
|
7.55 | 15.51 | 32 | 35 | Poor | |
6M Return % | 23.98 |
20.02
|
15.52 | 27.31 | 6 | 35 | Very Good | |
1Y Return % | 51.57 |
38.05
|
23.19 | 54.78 | 5 | 35 | Very Good | |
3Y Return % | 22.10 |
19.42
|
10.88 | 28.04 | 8 | 33 | Very Good | |
5Y Return % | 28.75 |
21.05
|
14.99 | 34.55 | 2 | 32 | Very Good | |
7Y Return % | 19.98 |
15.34
|
11.09 | 24.42 | 2 | 29 | Very Good | |
10Y Return % | 18.36 |
15.60
|
13.05 | 24.32 | 2 | 22 | Very Good | |
15Y Return % | 16.00 |
15.07
|
12.56 | 17.31 | 7 | 19 | Good | |
1Y SIP Return % | 54.94 |
44.56
|
31.10 | 60.88 | 7 | 35 | Very Good | |
3Y SIP Return % | 33.06 |
27.01
|
19.10 | 38.61 | 5 | 33 | Very Good | |
5Y SIP Return % | 30.56 |
24.92
|
17.50 | 37.50 | 3 | 31 | Very Good | |
7Y SIP Return % | 25.34 |
20.47
|
14.41 | 31.35 | 3 | 29 | Very Good | |
10Y SIP Return % | 21.42 |
17.61
|
13.25 | 26.56 | 2 | 22 | Very Good | |
15Y SIP Return % | 18.45 |
16.37
|
13.81 | 21.65 | 2 | 20 | Very Good | |
Standard Deviation | 14.32 |
12.71
|
9.99 | 16.36 | 31 | 33 | Poor | |
Semi Deviation | 10.37 |
9.01
|
7.16 | 11.67 | 32 | 33 | Poor | |
Max Drawdown % | -16.59 |
-12.33
|
-22.81 | -6.28 | 30 | 33 | Poor | |
VaR 1 Y % | -15.72 |
-14.08
|
-20.17 | -11.38 | 29 | 33 | Poor | |
Average Drawdown % | -5.83 |
-5.57
|
-11.96 | -2.58 | 23 | 33 | Average | |
Sharpe Ratio | 1.14 |
0.95
|
0.28 | 1.59 | 8 | 33 | Very Good | |
Sterling Ratio | 0.93 |
0.93
|
0.36 | 1.67 | 18 | 33 | Good | |
Sortino Ratio | 0.60 |
0.51
|
0.17 | 0.91 | 9 | 33 | Very Good | |
Jensen Alpha % | 4.62 |
2.63
|
-8.40 | 13.97 | 10 | 33 | Good | |
Treynor Ratio | 0.17 |
0.14
|
0.04 | 0.23 | 6 | 33 | Very Good | |
Modigliani Square Measure % | 22.70 |
20.91
|
10.22 | 30.40 | 11 | 33 | Good | |
Alpha % | 4.26 |
0.58
|
-7.65 | 12.32 | 5 | 33 | Very Good |
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Performance |
---|---|---|---|---|---|---|
1M Return % | 1.07 | 2.44 | 0.50 | 4.39 | 33 | 35 | ||
3M Return % | 8.78 | 10.97 | 7.82 | 15.77 | 32 | 35 | ||
6M Return % | 24.63 | 20.67 | 16.41 | 28.15 | 6 | 35 | ||
1Y Return % | 53.14 | 39.54 | 25.04 | 56.65 | 5 | 35 | ||
3Y Return % | 23.43 | 20.78 | 11.76 | 28.88 | 7 | 33 | ||
5Y Return % | 30.15 | 22.41 | 15.97 | 36.78 | 2 | 32 | ||
7Y Return % | 21.35 | 16.57 | 12.13 | 26.08 | 2 | 29 | ||
10Y Return % | 19.84 | 16.59 | 13.92 | 25.59 | 2 | 23 | ||
1Y SIP Return % | 56.58 | 46.12 | 33.07 | 61.99 | 7 | 35 | ||
3Y SIP Return % | 34.43 | 28.36 | 19.97 | 39.50 | 6 | 33 | ||
5Y SIP Return % | 31.95 | 26.27 | 18.42 | 39.64 | 3 | 31 | ||
7Y SIP Return % | 26.64 | 21.68 | 15.34 | 33.24 | 2 | 29 | ||
10Y SIP Return % | 22.75 | 18.59 | 14.23 | 28.04 | 2 | 23 | ||
Standard Deviation | 14.32 | 12.71 | 9.99 | 16.36 | 31 | 33 | ||
Semi Deviation | 10.37 | 9.01 | 7.16 | 11.67 | 32 | 33 | ||
Max Drawdown % | -16.59 | -12.33 | -22.81 | -6.28 | 30 | 33 | ||
VaR 1 Y % | -15.72 | -14.08 | -20.17 | -11.38 | 29 | 33 | ||
Average Drawdown % | -5.83 | -5.57 | -11.96 | -2.58 | 23 | 33 | ||
Sharpe Ratio | 1.14 | 0.95 | 0.28 | 1.59 | 8 | 33 | ||
Sterling Ratio | 0.93 | 0.93 | 0.36 | 1.67 | 18 | 33 | ||
Sortino Ratio | 0.60 | 0.51 | 0.17 | 0.91 | 9 | 33 | ||
Jensen Alpha % | 4.62 | 2.63 | -8.40 | 13.97 | 10 | 33 | ||
Treynor Ratio | 0.17 | 0.14 | 0.04 | 0.23 | 6 | 33 | ||
Modigliani Square Measure % | 22.70 | 20.91 | 10.22 | 30.40 | 11 | 33 | ||
Alpha % | 4.26 | 0.58 | -7.65 | 12.32 | 5 | 33 |
Investment Period | Regular | Direct | ||
---|---|---|---|---|
Return % | Current Value of ₹ 10000 | Return % | Current Value of ₹ 10000 | |
1D | -0.13 | ₹ 9,987.00 | -0.13 | ₹ 9,987.00 |
1W | 0.45 | ₹ 10,045.00 | 0.46 | ₹ 10,046.00 |
1M | 0.98 | ₹ 10,098.00 | 1.07 | ₹ 10,107.00 |
3M | 8.48 | ₹ 10,848.00 | 8.78 | ₹ 10,878.00 |
6M | 23.98 | ₹ 12,398.00 | 24.63 | ₹ 12,463.00 |
1Y | 51.57 | ₹ 15,157.00 | 53.14 | ₹ 15,314.00 |
3Y | 22.10 | ₹ 18,205.00 | 23.43 | ₹ 18,806.00 |
5Y | 28.75 | ₹ 35,384.00 | 30.15 | ₹ 37,350.00 |
7Y | 19.98 | ₹ 35,797.00 | 21.35 | ₹ 38,742.00 |
10Y | 18.36 | ₹ 53,972.00 | 19.84 | ₹ 61,105.00 |
15Y | 16.00 | ₹ 92,636.00 | ₹ |
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 | 54.94 | ₹ 15,320.89 | 56.58 | ₹ 15,414.44 |
3Y | ₹ 36000 | 33.06 | ₹ 57,623.80 | 34.43 | ₹ 58,670.71 |
5Y | ₹ 60000 | 30.56 | ₹ 127,105.80 | 31.95 | ₹ 131,321.34 |
7Y | ₹ 84000 | 25.34 | ₹ 207,052.61 | 26.64 | ₹ 216,773.59 |
10Y | ₹ 120000 | 21.42 | ₹ 371,990.64 | 22.75 | ₹ 399,630.12 |
15Y | ₹ 180000 | 18.45 | ₹ 834,224.40 | ₹ |
Date | NAV Regular Growth | NAV Direct Growth |
---|---|---|
25-07-2024 | 171.47 | 197.43 |
24-07-2024 | 171.69 | 197.68 |
23-07-2024 | 170.13 | 195.88 |
22-07-2024 | 172.3 | 198.37 |
19-07-2024 | 170.71 | 196.52 |
18-07-2024 | 174.28 | 200.63 |
16-07-2024 | 176.68 | 203.37 |
15-07-2024 | 177.91 | 204.78 |
12-07-2024 | 176.24 | 202.85 |
11-07-2024 | 175.66 | 202.17 |
10-07-2024 | 174.99 | 201.39 |
09-07-2024 | 176.19 | 202.77 |
08-07-2024 | 175.82 | 202.34 |
05-07-2024 | 176.2 | 202.75 |
04-07-2024 | 175.07 | 201.45 |
03-07-2024 | 174.24 | 200.49 |
02-07-2024 | 172.71 | 198.72 |
01-07-2024 | 173.39 | 199.49 |
28-06-2024 | 171.86 | 197.72 |
27-06-2024 | 170.57 | 196.23 |
26-06-2024 | 170.15 | 195.74 |
25-06-2024 | 169.81 | 195.34 |
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) |
Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.