Bank of India ELSS Tax Saver Direct-Growth
Equity: ELSS - Growth (Open ended) Factsheet
NAV: ₹191.05-0.33%
24 Jul 2026
Similar Funds
Side-by-side comparison of Bank of India ELSS Tax Saver Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | +1.61% | -0.97% | 10 / 40 |
| 3Y Return | +14.30% | 12.59% | 11 / 38 |
| 5Y Return | +12.71% | 12.58% | 17 / 33 |
| 10Y Return | +16.65% | 14.13% | 4 / 28 |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Equity: ELSS
Top funds by AUM in the Equity: ELSS category — see how Bank of India ELSS Tax Saver Direct-Growth compares on size and returns.
Funds Tracking BSE 500 Total Return Index
Top funds tracking the BSE 500 Total Return Index — sorted by AUM to show the largest options available.
Frequently Asked Questions
Which funds are similar to Bank of India ELSS Tax Saver Direct-Growth?
Funds similar to Bank of India ELSS Tax Saver Direct-Growth in the Equity: ELSS category include Axis ELSS Tax Saver Direct Plan-Growth, SBI ELSS Tax Saver Fund Direct-Growth, and Mirae Asset ELSS Tax Saver Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Bank of India ELSS Tax Saver Direct-Growth in its category?
On a 3-year return basis Bank of India ELSS Tax Saver Direct-Growth is ranked 11 out of 38 funds in the Equity: ELSS category as of 23 Jul 2026. On a 5-year return basis it ranks 17 out of 33. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does Bank of India ELSS Tax Saver Direct-Growth's expense ratio compare to similar funds?
Bank of India ELSS Tax Saver Direct-Growth has an expense ratio of 1.03%. The peers Axis ELSS Tax Saver Direct Plan-Growth has an expense ratio of 1.05% and SBI ELSS Tax Saver Fund Direct-Growth has 1.23%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Bank of India ELSS Tax Saver Direct-Growth's AUM compare to similar funds?
Bank of India ELSS Tax Saver Direct-Growth has an AUM of ₹1,406.09 crore. The peers Axis ELSS Tax Saver Direct Plan-Growth has an AUM of ₹31,869.3 crore and SBI ELSS Tax Saver Fund Direct-Growth has ₹31,839.3 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Equity: ELSS?
The top performing fund in the Equity: ELSS category on a 3-year basis is Motilal Oswal ELSS Tax Saver Fund Direct-Growth with a CAGR of 21.90% as of 23 Jul 2026. Bank of India ELSS Tax Saver Direct-Growth has delivered 14.30% CAGR over the same period, ranking 11 out of 38 funds. You can view and compare the full category ranking on sharpely.
How does Bank of India ELSS Tax Saver Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, Bank of India ELSS Tax Saver Direct-Growth has a Sharpe ratio of 0.60 compared to the Equity: ELSS average of 0.54 as of 23 Jul 2026. It ranks 20 out of 50 funds in its category on Sharpe ratio.