Should I invest in BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW?

We don't give personal investment advice. BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW 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: 25.1%. 5-year CAGR: 14.09%.

Bank of India

BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW

Latest NAV

₹28.1500

As of

3 Jun 2026

2,034 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.

Period

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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	+0.14%	+0.08%	+0.06	25 / 54	Q2
1W	-2.19%	-1.32%	-0.87	45 / 54	Q4
2W	-0.18%	-0.04%	-0.14	22 / 54	Q2
1M	+0.04%	-1.07%	+1.11	7 / 54	Q1
3M	+10.13%	+0.01%	+10.12	4 / 54	Q1
6M	+2.51%	-3.68%	+6.19	6 / 54	Q1
YTD	+3.65%	-2.63%	+6.27	5 / 54	Q1
1Y	+6.67%	+2.41%	+4.26	10 / 54	Q1
2Y	+3.42%	+3.07%	+0.35	15 / 53	Q2
3Y	+16.51%	+9.94%	+6.57	3 / 53	Q1
4Y	+17.04%	+10.02%	+7.03	4 / 47	Q1
5Y	+14.09%	+10.19%	+3.91	11 / 43	Q2
7Y	+18.21%	+11.33%	+6.88	2 / 41	Q1
10Y	—	—	—	—	—
Inception	+13.34%	+9.79%	+3.55	11 / 54	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	+3.65%	-5.69%	+9.34	1 / 49
2025	-0.33%	+1.23%	-1.56	37 / 49
2024	+19.61%	+14.62%	+4.99	9 / 49
2023	+33.75%	+22.73%	+11.02	12 / 47
2022	-6.60%	+0.57%	-7.16	41 / 43
2021	+49.09%	+33.70%	+15.39	8 / 46
2020	+32.23%	+14.03%	+18.19	1 / 46
2019	+7.74%	+5.87%	+1.87	27 / 44
2018	—	—	—	—

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

+18.27%

89 windows

min -21.7% · max 78.1%

70% positive

3-Year rolling

+20.43%

65 windows

min 7.9% · max 29.9%

100% positive

5-Year rolling

+20.37%

40 windows

min 9.2% · max 28.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+16.50%

16 windows

min 11.1% · max 19.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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

17.78%

3-year · annualised

Sharpe ratio

0.59

vs risk-free 6.5%

Sortino ratio

0.98

Downside-only deviation

Max drawdown

-25.06%

Sep 2024 → Apr 2025

% positive months

69.4%

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
SBI Long Term Advantage Fund - Series IV - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹38.4097	3 Jun 2026
Quantum ELSS Tax Saver Fund - Regular Plan IDCW	Quantum	₹114.6800	3 Jun 2026
Mirae Asset ELSS Tax Saver Fund - Regular Plan - IDCW	Mirae Asset	₹21.5970	3 Jun 2026
HSBC ELSS Tax saver Fund - Regular IDCW Payout	HSBC	₹25.8533	3 Jun 2026
BARODA BNP PARIBAS ELSS Tax Saver Fund- Regular - IDCW Option	Baroda BNP Paribas	₹20.8212	3 Jun 2026
PGIM India ELSS Tax Saver Fund - Regular Plan - Dividend Option	PGIM India	₹15.4900	3 Jun 2026
Axis ELSS Tax Saver Fund - Regular Plan - IDCW	Axis	₹22.2921	3 Jun 2026
360 ONE ELSS Tax Saver Nifty 50 Index Fund - Regular Plan - IDCW Payout	360 ONE	₹13.1353	3 Jun 2026
BAJAJ FINSERV ELSS TAX SAVER FUND - REGULAR - IDCW	Bajaj Finserv	₹11.0910	3 Jun 2026
BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan IDCW	Bank of India	₹32.2800	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹28.1500
2 Jun 2026	₹28.1100
1 Jun 2026	₹28.0500
29 May 2026	₹28.4300
27 May 2026	₹28.7800
26 May 2026	₹28.7700
25 May 2026	₹28.6500
22 May 2026	₹28.4500
21 May 2026	₹28.4100
20 May 2026	₹28.2000

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 Mid Cap Tax Fund Series 1 Regular Plan IDCW is ₹28.1500. It's a ELSS from Bank of India, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW has NAV history starting from 26 Feb 2018, a track record of about 8 years 3 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 Mid Cap Tax Fund Series 1 Regular Plan IDCW 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 Mid Cap Tax Fund Series 1 Regular Plan IDCW has delivered a absolute return of 6.67% — +4.26 pp ahead of the ELSS category average of 2.41%. The fund ranks #10 of 54 in its category — the top (Q1) quartile.

Over the trailing 3-year window, BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW has delivered a CAGR of 16.51% — +6.57 pp ahead of the ELSS category average of 9.94%. The fund ranks #3 of 53 in its category — the top (Q1) quartile.

Over the trailing 5-year window, BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW has delivered a CAGR of 14.09% — +3.91 pp ahead of the ELSS category average of 10.19%. The fund ranks #11 of 43 in its category — the second (Q2) quartile.

₹1 lakh invested in BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW exactly 5 years ago would be worth approximately ₹193,338 today — a multiplier of 1.93×, based on the 5-year CAGR of 14.09%. The category average over the same window would have grown ₹1 lakh to ₹162,436.

A ₹10,000 monthly SIP in BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹824,779 today. That's an XIRR (money-weighted annualised return) of 12.67%.

BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,532,189 — XIRR 16.86%.

On a 5-year basis, BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW ranks #11 out of 43 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 10.19%; this fund delivered 14.09%.

The worst peak-to-trough decline BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW has experienced over the last 5-year window is 25.06% — its NAV fell from a high on 23 Sep 2024 to a low on 07 Apr 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 Mid Cap Tax Fund Series 1 Regular Plan IDCW averaged 20.37% (best 28.48%, worst 9.23%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.48 — weak risk-adjusted performance.

In calendar year 2025, BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW returned -0.33% — lagging the ELSS category average of 1.23% by 1.56 pp. It ranked #37 of 49 in its category that year.

BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW 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 Mid Cap Tax Fund Series 1 Regular Plan IDCW 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: 25.1%. 5-year CAGR: 14.09%.

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

BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW

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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