Fundalysisby DARKHORSESTOCKS

Scheme

Bank Of India Mid Cap Tax Fund Series 2 A 10 year

Holds 54 companies worth ₹31.3 Cr in Sept 2026.

  • Fund house

    BOI AXAThe fund house that runs this scheme.

  • AUM

    ₹32.1 CrBank Of India Mid Cap Tax Fund Series 2 A 10 year's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.8% on Aug 2026, ₹33.8 Cr.

  • Largest holding

    Minda Industries LimitedMinda Industries Limited is 4.6% of this scheme's NAV.

  • Fund manager

    Nilesh JethaniRuns it since 1 Oct 2024, as the fund house dates it.

Overview(6 Oct 2026)

Fund managers1

  1. Nilesh JethaniFund manager, equity · Oct 2024
  1. Dhruv BhatiaJan 2022 – Jun 2025

Key facts

Benchmark
BSE 500 TRI
Risk
Very High
Expense
Regular 1.41% · Direct 1.11%
Exit load
Nil
Started
19 Oct 2018
Minimum
Not applicable because the scheme is closed-ended

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

What changed(13 changes)

Oct 2026

1 change
  1. Expense ratio
    6 OctRegular 1.4% → 1.41%Direct 1.1% → 1.11%

Sept 2026

1 change
  1. Expense ratio
    22 SeptRegular 1.18% → 1.4%Direct 0.88% → 1.1%

May 2026

3 changes

Source.Its filings at NSE, since Sept 2024.

Fund managers over time(Jan 2022 – now)

  1. Nilesh Jethani
  2. Dhruv Bhatia
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.
12 changesRegularDirectΔ pt
6 Oct 20261.41%1.11%0.01
22 Sept 20261.40%1.10%0.22
13 May 20261.18%0.88%2.00
12 May 20263.17%2.88%0.01
10 May 20263.18%2.89%2.01
29 Apr 20261.18%0.88%1.11
27 Apr 20262.29%1.99%0.90
17 Apr 20261.39%1.09%0.21
8 Apr 20261.18%0.88%0.41
20 Aug 20251.44%1.29%0.19
4 Sept 20241.40%1.10%0.01
2 Sept 20241.41%1.11%–
Direct plan, 6 Oct 2026
1.11%
Regular plan 1.41% · 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 capital appreciation over a period of ten years by investing predominantly in equity and equity-related securities of midcap companies along with income tax benefit. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
A 10 Year Close-ended Equity Linked Savings Scheme
Benchmark
BSE 500 TRI

Asset allocation it may hold% of NAV

  1. Mid Cap Equity & Equity Related Securities such as cumulative convertible preference shares and fully convertible debentures and bonds of companies, etc
    Allowed65–100%
  2. Other Equity & Equity Related Securities such as cumulative convertible preference shares and fully convertible debentures and bonds of companies, etc
    Allowed0–35%
  3. Money Market Instruments, Other Liquid Instruments, Gold and Silver Instruments (ETFs only) and units of Domestic Mutual Fund Schemes
    Allowed0–35%
  4. Units issued by InvITS
    Allowed0–10%Holds0.0%

Holds in Sept 2026.97.4% equity · 2.6% debt and cash

How to invest(6 Oct 2026)

Buying

To start
Not applicable because the scheme is closed-ended, then not applicable because the scheme is closed-ended
To add
Additional Purchase is not allowed., then additional Purchase is not allowed.
Most
There is no limit on the maximum amount to be raised under the Scheme. All valid applications are assured of full allotment.
Systematic
Not applicable because the scheme is closed-ended
Dates
Not applicable because the scheme is closed-ended
Minimum
Not applicable because the scheme is closed-ended, then not applicable because the scheme is closed-ended
Instalments
Not applicable because the scheme is closed-ended

Selling and switching

To redeem
₹1,000 or 0.001 units
Minimum balance
Currently, there is no minimum balance requirement or Currently, there is no minimum balance requirement units
Switch minimum
The Scheme being close ended scheme, Switch-in facility is not available. or The Scheme being close ended scheme, Switch-in facility is not available. units
Switch multiples
The Scheme being close ended scheme, Switch-in facility is not available. or The Scheme being close ended scheme, Switch-in facility is not available. units
Switch most
The Scheme being close ended scheme, Switch-in facility is not available. or The Scheme being close ended scheme, Switch-in facility is not available. units

Scheme details(6 Oct 2026)

What it is

Category
ELSS
Offer
12 Jul 2018 to 11 Oct 2018
Started
19 Oct 2018
Reopened
Not applicable.
Matures
The Scheme have a tenure of 10 years from the date of allotment including the date of allotment.
Plans
Regular Plan and Direct Plan. Each of the Plan shall offer the following Option: · •Growth Option for capital appreciation · •IDCW option offering Payout of IDCW facility
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
Deutsche Bank AG
Auditor
Chokshi & Chokshi LLP (Statutory Auditors)
Registrar
KFin Technologies Private Limited
SEBI code
BOIA/C/E/ELS/18/06/0013