Should I invest in BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan Growth?

We don't give personal investment advice. BANK OF INDIA Midcap Tax Fund Series 2 Regular 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: 24.3%. 5-year CAGR: 12.74%.

Bank of India

BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan Growth

Latest NAV

₹32.2700

As of

3 Jun 2026

1,870 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	-0.46%	+0.26%	-0.72	37 / 39	Q4
1W	-2.57%	-1.20%	-1.37	39 / 39	Q4
2W	-0.92%	+0.29%	-1.21	33 / 39	Q4
1M	-1.22%	-0.80%	-0.42	19 / 39	Q2
3M	+7.35%	+1.50%	+5.85	12 / 39	Q2
6M	-1.41%	-1.37%	-0.03	13 / 39	Q2
YTD	-1.71%	-0.13%	-1.58	14 / 39	Q2
1Y	+2.09%	+7.59%	-5.50	17 / 39	Q2
2Y	+1.52%	+5.80%	-4.28	27 / 38	Q3
3Y	+15.29%	+13.52%	+1.77	17 / 38	Q2
4Y	+15.92%	+13.95%	+1.98	11 / 31	Q2
5Y	+12.74%	+14.19%	-1.45	17 / 27	Q3
7Y	+16.74%	+15.05%	+1.69	11 / 25	Q2
10Y	—	—	—	—	—
Inception	+16.74%	+12.52%	+4.22	4 / 39	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	-1.71%	-4.18%	+2.47	9 / 34
2025	+1.30%	+2.03%	-0.73	21 / 34
2024	+18.49%	+18.62%	-0.13	14 / 34
2023	+34.75%	+30.88%	+3.87	10 / 32
2022	-6.24%	+2.53%	-8.78	25 / 27
2021	+44.28%	+41.08%	+3.20	10 / 30
2020	+27.19%	+17.81%	+9.39	4 / 30
2019	+8.20%	+3.04%	+5.16	10 / 27
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

+20.45%

81 windows

min -19.0% · max 79.8%

74% positive

3-Year rolling

+20.20%

57 windows

min 9.4% · max 28.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+21.13%

32 windows

min 12.7% · max 26.7%

100% positive

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

7-Year rolling

+17.23%

8 windows

min 15.2% · max 18.5%

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

17.43%

3-year · annualised

Sharpe ratio

0.54

vs risk-free 6.5%

Sortino ratio

0.88

Downside-only deviation

Max drawdown

-23.99%

Sep 2024 → Mar 2025

% positive months

66.7%

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 - Growth	SBI	₹45.3372	3 Jun 2026
Quantum ELSS Tax Saver Fund - Regular Plan Growth Option	Quantum	₹115.4600	3 Jun 2026
Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option	Motilal Oswal	₹53.7245	3 Jun 2026
Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth	Mirae Asset	₹48.1190	3 Jun 2026
Parag Parikh ELSS Tax Saver Fund- Regular Growth	Parag Parikh	₹28.8835	3 Jun 2026
HSBC ELSS Tax saver Fund - Regular Growth	HSBC	₹134.2196	3 Jun 2026
BARODA BNP PARIBAS ELSS Tax Saver Fund - Regular - Growth Option	Baroda BNP Paribas	₹94.7276	3 Jun 2026
PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option	PGIM India	₹32.4100	3 Jun 2026
Axis ELSS Tax Saver Fund - Regular Plan - Growth	Axis	₹91.0469	3 Jun 2026
360 ONE ELSS Tax Saver Nifty 50 Index Fund - Regular Plan - Growth	360 ONE	₹13.1353	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹32.2700
2 Jun 2026	₹32.4200
1 Jun 2026	₹32.3500
29 May 2026	₹32.6200
27 May 2026	₹33.1200
26 May 2026	₹33.2000
25 May 2026	₹33.0500
22 May 2026	₹32.8600
21 May 2026	₹32.8100
20 May 2026	₹32.5700

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 Midcap Tax Fund Series 2 Regular Plan Growth is ₹32.2700. It's a ELSS from Bank of India, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan Growth has NAV history starting from 26 Oct 2018, a track record of about 7 years 7 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 Midcap Tax Fund Series 2 Regular 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 Midcap Tax Fund Series 2 Regular Plan Growth has delivered a absolute return of 2.09% — -5.5 pp behind the ELSS category average of 7.59%. The fund ranks #17 of 39 in its category — the second (Q2) quartile.

Over the trailing 3-year window, BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan Growth has delivered a CAGR of 15.29% — +1.77 pp ahead of the ELSS category average of 13.52%. The fund ranks #17 of 38 in its category — the second (Q2) quartile.

Over the trailing 5-year window, BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan Growth has delivered a CAGR of 12.74% — -1.45 pp behind the ELSS category average of 14.19%. The fund ranks #17 of 27 in its category — the third (Q3) quartile.

₹1 lakh invested in BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan Growth exactly 5 years ago would be worth approximately ₹182,110 today — a multiplier of 1.82×, based on the 5-year CAGR of 12.74%. The category average over the same window would have grown ₹1 lakh to ₹194,111.

A ₹10,000 monthly SIP in BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan Growth over the last 5 years — total invested ₹600,000 — would be worth ₹792,578 today. That's an XIRR (money-weighted annualised return) of 11.07%.

BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,448,598 — XIRR 15.28%.

On a 5-year basis, BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan Growth ranks #17 out of 27 funds in the ELSS category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 14.19%; this fund delivered 12.74%.

The worst peak-to-trough decline BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan Growth has experienced over the last 5-year window is 24.33% — its NAV fell from a high on 18 Oct 2021 to a low on 20 Jun 2022. 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 Midcap Tax Fund Series 2 Regular Plan Growth averaged 21.13% (best 26.72%, worst 12.74%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.41 — weak risk-adjusted performance.

In calendar year 2025, BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan Growth returned 1.30% — lagging the ELSS category average of 2.03% by 0.73 pp. It ranked #21 of 34 in its category that year.

BANK OF INDIA Midcap Tax Fund Series 2 Regular 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 Midcap Tax Fund Series 2 Regular 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: 24.3%. 5-year CAGR: 12.74%.

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

BANK OF INDIA Midcap Tax Fund Series 2 Regular 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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