Primarily market-linked growth exposure
The investment objective of the scheme is 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.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Mid Cap Equity & Equity Related Securities such as cumulative convertible preference shares and fully convertible debentures and bonds of companies, etc.-65%-100%-High Other Equity & Equity Related Securities such as cumulative convertible preference shares and fully convertible debentures and bonds of companies, etc-0%-35%-High Debt and Money Market Instruments-0%-35%-Low to Medium
- SEBI category
- ELSS
- Fund type
- A 10 Year Close-ended Equity Linked Savings Scheme
- Primary benchmark
- BSE 500 TRI
- Secondary benchmark
- -
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Nilesh Jethani
- Manager tenure on this scheme
- Since 01 Oct 2024
- Role / co-management
- Mr. Nilesh Jethani Having around 09 years of experience in Equity research across BFSI, IT and Capital Goods Sectors
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| BANK OF INDIA MID CAP TAX FUND SERIES 1 - Direct Plan - Growth | ₹31.5700 | 04 Sep 2026 |
| BANK OF INDIA MID CAP TAX FUND SERIES 1 - Direct Plan - IDCW | ₹31.5700 | 04 Sep 2026 |
| BANK OF INDIA MID CAP TAX FUND SERIES 1 - Regular Plan - Growth | ₹30.4100 | 04 Sep 2026 |
| BANK OF INDIA MID CAP TAX FUND SERIES 1 - Regular Plan - IDCW | ₹30.4100 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 1.36%, Direct 1.04%
- Exit load
- NIL
- Minimum application
- Not applicable because the scheme is closed-ended · multiples of Not applicable because the scheme is closed-ended
- SIP frequency
- Not applicable because the scheme is closed-ended
- Minimum SIP amount
- Not applicable because the scheme is closed-ended
- Minimum instalments
- Not applicable because the scheme is closed-ended
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.