Fundalysisby DARKHORSESTOCKS

Scheme

Bank of India ELSS Tax Saver Fund

Holds 56 companies worth ₹1,203 Cr in Sept 2026.

  • Fund house

    BOI AXAThe fund house that runs this scheme.

  • AUM

    ₹1,366 CrBank of India ELSS Tax Saver Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 3.4% on Aug 2026, ₹1,414 Cr.

  • Largest holding

    State Bank of IndiaState Bank of India is 5.0% of this scheme's NAV.

  • Fund manager

    Alok SinghRuns it since 27 Apr 2022, as the fund house dates it.

Overview(6 Oct 2026)

Fund managers1

  1. Alok SinghFund manager · Apr 2022

    Key facts

    Benchmark
    BSE 500 TRI
    Risk
    Very High
    Expense
    Regular 2.33% · Direct 1.1%
    Exit load
    Nil
    Started
    25 Feb 2009
    Minimum
    ₹500

    Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

    What changed(24 changes)

    Oct 2026

    1 change
    1. Expense ratio
      6 OctRegular 2.31% → 2.33%Direct 1.06% → 1.1%

    Sept 2026

    3 changes
    1. Expense ratio
      22 SeptRegular 2.16% → 2.31%Direct 0.91% → 1.06%
    2. Renamed
      22 SeptBank of India ELSS Tax Saver → Bank of India ELSS Tax Saver Fund
    3. Category
      22 SeptEquity Linked Saving Scheme → ELSS Tax Saver Fund

    May 2026

    4 changes

    Source.Its filings at NSE, since Sept 2024.

    Fund managers over time(Apr 2022 – now)

    1. Alok Singh
    MainCoSlice2023202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Sept 2024 – Oct 2026)

    Every change to the expense ratio, newest first.
    23 changesRegularDirectΔ pt
    6 Oct 20262.33%1.10%0.04
    22 Sept 20262.31%1.06%0.15
    12 May 20262.16%0.91%0.09
    7 May 20262.25%1.00%0.03
    6 May 20262.22%0.97%0.19
    5 May 20262.40%1.16%0.24
    17 Apr 20262.16%0.92%0.34
    8 Apr 20262.52%1.26%0.37
    21 Nov 20252.09%0.89%0.12
    21 Aug 20252.07%0.77%0
    20 Aug 20252.08%0.77%0.15
    19 Jun 20252.08%0.92%0.01
    12 Jun 20252.09%0.93%0.01
    19 May 20252.09%0.94%0
    16 May 20252.10%0.94%0.01
    25 Mar 20252.10%0.95%0.01
    20 Mar 20252.11%0.96%0
    19 Mar 20252.12%0.96%0.01
    17 Mar 20252.12%0.97%0.01
    7 Mar 20252.11%0.96%0.05
    16 Jan 20252.06%0.91%0.04
    18 Dec 20242.07%0.95%0.01
    2 Sept 20242.08%0.96%–
    Direct plan, 6 Oct 2026
    1.10%
    Regular plan 2.33% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(6 Oct 2026)

    Objective

    The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is not providing any assured or guaranteed returns. However, there is no assurance that the investment objectives of the Scheme will be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open ended scheme with attributes in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance.
    Benchmark
    BSE 500 TRI

    Asset allocation it may hold% of NAV

    1. Equity and equity related securities
      Allowed80–100%Holds88.0%
    2. Money Market Instruments, Other Liquid Instruments, Gold and Silver Instruments (ETFs only) and units of Domestic Mutual Fund Schemes
      Allowed0–20%
    3. Units issued by InvITS
      Allowed0–10%Holds0.0%

    Holds in Sept 2026.88.0% equity · 12.0% debt and cash

    How to invest(6 Oct 2026)

    Buying

    To start
    ₹500, then in multiples of ₹500
    To add
    ₹500, then in multiples of ₹500
    Most
    There is no limit on the maximum amount to be raised under the Scheme. All valid applications are assured of full allotment.
    Systematic
    SIP - Weekly & Monthly, SWP - Monthly & Quarterly, STP - Daily, Weekly & Monthly
    Dates
    SIP - Weekly (Monday to Friday) & Monthly (any day - 1 to 28), SWP - Monthly (01,07,10,15,20,25) & Quarterly (01,07,10,15,20,25), STP - Daily (any day - 1 to 28), Weekly (Monday to Friday) & Monthly (01,07,10,15,20,25) If such a day is a Holiday/Non-Business day, then the next Business Day
    Minimum
    SIP - 500, SWP - 500 & STP - 500, then sIP - 500, SWP - 500 & STP - 500
    Instalments
    SIP - Weekly 12 & Monthly 6, SWP - Monthly 6 & Quarterly 4, STP - Daily 30, Weekly 12 & Monthly 6
    Most
    SIP Monthly - 6; Yearly - 3, SWP - Monthly - 6; Quarterly - 4; Halfyearly - 4; Yearly - 2, STP - Daily -6; Weekly - 6; Fortnightly -6; Monthly - 6; Quarterly -2.

    Selling and switching

    To redeem
    ₹500 or 0.001 units
    Minimum balance
    Currently, there is no minimum balance requirement or Currently, there is no minimum balance requirement units
    Switch minimum
    ₹500 or 0.001 units
    Switch multiples
    ₹500 or No Limit units
    Switch most
    No Limit or Not applicable. units

    Scheme details(6 Oct 2026)

    What it is

    Category
    ELSS Tax Saver Fund
    Offer
    12 Dec 2008 to 12 Feb 2009
    Started
    25 Feb 2009
    Reopened
    27 Feb 2009
    Plans
    Regular Plan and Direct Plan. Each of the Plan shall offer the following Option: · •Growth Option · • IDCW Option offering payout of IDCW facility
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    Enabling provision in SID. However, no segregated portfolio is created.
    Side-pocketing
    Enabling provision in SID. However, no segregated portfolio is created.
    Custodian
    Deutsche Bank AG
    Auditor
    Chokshi & Chokshi LLP (Statutory Auditors)
    Registrar
    KFin Technologies Limited
    SEBI code
    BOIA/O/E/ELS/08/11/0005