Should I invest in BANK OF INDIA ELSS Tax Saver?

We don't give personal investment advice. BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 23.9%. 5-year CAGR: 14.31%.

Bank of India

BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth

Latest NAV

₹187.3400

As of

3 Jun 2026

3,300 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.33%	+0.24%	+0.09	25 / 59	Q2
1W	-2.06%	-1.27%	-0.79	44 / 59	Q3
2W	-0.27%	+0.30%	-0.57	40 / 59	Q3
1M	-2.85%	-0.87%	-1.99	54 / 59	Q4
3M	+2.39%	+0.83%	+1.55	17 / 59	Q2
6M	+0.37%	-2.14%	+2.51	15 / 59	Q2
YTD	-0.52%	-1.56%	+1.04	15 / 59	Q2
1Y	+1.63%	+5.96%	-4.33	27 / 59	Q2
2Y	-1.68%	+5.58%	-7.26	56 / 58	Q4
3Y	+16.12%	+14.58%	+1.54	21 / 58	Q2
4Y	+16.74%	+14.85%	+1.89	15 / 51	Q2
5Y	+14.31%	+14.46%	-0.16	21 / 47	Q2
7Y	+18.54%	+15.51%	+3.03	10 / 45	Q1
10Y	+17.10%	+14.50%	+2.60	4 / 27	Q1
Inception	+16.72%	+14.13%	+2.59	11 / 59	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-0.52%	-4.44%	+3.93	10 / 53
2025	-2.98%	+3.70%	-6.68	48 / 53
2024	+22.57%	+20.13%	+2.43	17 / 53
2023	+35.88%	+30.82%	+5.06	11 / 51
2022	-0.09%	+3.78%	-3.86	40 / 47
2021	+41.85%	+39.32%	+2.53	13 / 50
2020	+32.77%	+18.42%	+14.35	3 / 50
2019	+15.72%	+6.48%	+9.24	2 / 47
2018	-15.42%	-7.38%	-8.04	32 / 37
2017	+59.05%	+38.27%	+20.78	1 / 31
2016	-0.36%	+5.54%	-5.90	25 / 27

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+20.32%

152 windows

min -19.0% · max 77.0%

77% positive

3-Year rolling

+18.13%

128 windows

min 1.7% · max 32.5%

100% positive

5-Year rolling

+18.22%

103 windows

min 3.3% · max 30.1%

100% positive

7-Year rolling

+17.68%

79 windows

min 12.2% · max 21.9%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

16.74%

3-year · annualised

Sharpe ratio

0.60

vs risk-free 6.5%

Sortino ratio

0.99

Downside-only deviation

Max drawdown

-23.88%

Dec 2024 → Feb 2025

% positive months

63.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in ELSS

Scheme	Fund house	NAV	As of
HDFC ELSS Tax saver - Growth Option - Direct Plan	HDFC	₹1,421.3430	3 Jun 2026
Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹140.6038	3 Jun 2026
SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH	SBI	₹458.2222	3 Jun 2026
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth	ICICI Prudential	₹990.7700	3 Jun 2026
Invesco India ELSS Tax Saver Fund - Direct Plan - Growth	Invesco	₹138.0800	3 Jun 2026
BANDHAN ELSS Tax Saver Fund - Direct Plan - Growth	Bandhan	₹173.1540	3 Jun 2026
quant ELSS Tax Saver Fund - Growth Option - Direct Plan	Quant	₹443.2149	3 Jun 2026
Aditya Birla Sun Life ELSS Tax Saver Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹66.4800	3 Jun 2026
Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option	Motilal Oswal	₹62.1822	3 Jun 2026
Franklin India ELSS Tax Saver Fund - Direct - Growth	Franklin India	₹1,537.4743	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹187.3400
2 Jun 2026	₹186.7300
1 Jun 2026	₹186.8700
29 May 2026	₹189.1500
27 May 2026	₹191.2900
26 May 2026	₹190.6300
25 May 2026	₹190.5600
22 May 2026	₹188.5800
21 May 2026	₹188.8700
20 May 2026	₹187.8500

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth is ₹187.3400. It's a ELSS from Bank of India, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth is managed by Bank of India. It's classified by AMFI under the 'ELSS' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth has delivered a absolute return of 1.63% — -4.33 pp behind the ELSS category average of 5.96%. The fund ranks #27 of 59 in its category — the second (Q2) quartile.

Over the trailing 3-year window, BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth has delivered a CAGR of 16.12% — +1.54 pp ahead of the ELSS category average of 14.58%. The fund ranks #21 of 58 in its category — the second (Q2) quartile.

Over the trailing 5-year window, BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth has delivered a CAGR of 14.31% — -0.16 pp behind the ELSS category average of 14.46%. The fund ranks #21 of 47 in its category — the second (Q2) quartile.

₹1 lakh invested in BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth exactly 10 years ago would be worth approximately ₹484,836 today — a multiplier of 4.85×, based on the 10-year CAGR of 17.10%. The category average over the same window would have grown ₹1 lakh to ₹387,469.

A ₹10,000 monthly SIP in BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth over the last 5 years — total invested ₹600,000 — would be worth ₹805,605 today. That's an XIRR (money-weighted annualised return) of 11.73%.

A ₹10,000 monthly SIP for 10 years in BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth = ₹1,200,000 invested. It would currently be worth ₹2,865,961 (multiplier 2.39×). XIRR: 16.59%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth ranks #21 out of 47 funds in the ELSS category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 14.46%; this fund delivered 14.31%.

The worst peak-to-trough decline BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth has experienced over the last 5-year window is 23.88% — its NAV fell from a high on 11 Dec 2024 to a low on 28 Feb 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth averaged 18.22% (best 30.12%, worst 3.33%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.51 — reasonable risk-adjusted performance.

In calendar year 2025, BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth returned -2.98% — lagging the ELSS category average of 3.70% by 6.68 pp. It ranked #48 of 53 in its category that year.

BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 23.9%. 5-year CAGR: 14.31%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in ELSS

Recent NAVs

Frequently asked questions

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