Bank of India Midcap Tax Fund Series 2 Direct-IDCW
Bank of India Midcap Tax Fund Series 2 Direct-IDCW: Mutual Fund Overview
Bank of India Midcap Tax Fund Series 2 Direct-IDCW is an ELSS mutual fund with over 7.43 years of performance history. The scheme manages an AUM of ₹30.81 Cr and has a NAV of ₹29.47. It is rated 'Not Rated' stars by analysts. Investors can begin a SIP with as little as ₹0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of -0.53%.
Equity, ELSS, Principal at very high risk
1 Year Return -0.53% at 24 Mar 2026 03:52 PM
Fund Details
NAV 29.47
Sub-Type ELSS
Rating Not Rated
Min. SIP Amount ₹0
Fund Age(Year) 7.43
Fund Size(in Crores) 30.81
Fund Performance
1 Month -9.09%
3 Month -13.14%
6 Month -14.55%
1 Year -0.53%
3 Year 15.17%
5 Year 12.47%
Know This Fund
As on 24 Mar 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (97.22%) Market Cap Large Cap 8.86 Mid Cap 21.26 Small Cap 67.1 Top Sectors Financial 20.61 Services 17.2 Capital Goods 12.19 Healthcare 10.7 Consumer Staples 8.5 Consumer Discretionary 7.38 Materials 5.37 Technology 4.51 Construction 2.97 Energy 2.81 Metals & Mining 2.72 Chemicals 1.05 Automobile 0.97 Unclassified 0.24 Top Holding Praj Industries 0.09 MCX 3.43 Can Fin Homes 1.13 EPL 1.06 RBL Bank 0.98 Sagility 1.37 Karur Vysya Bank 3.11 TBO Tek 1.71 Jyothy Labs 0.67 Metropolis Healthcare 1.11 PNB Housing Finance 1.52 EID Parry 1.29 ICRA 0.94 Schaeffler India 0.86 Birlasoft 1.07 Interglobe Aviation 1.12 Cholamandalam Financial 1.4 IEX 0.88 Latent View Analytics 0.35 KEC International 0.89 ICICI Prudential Asset Management Company 0.24 Tech Mahindra 1.02 Eternal 1.29 Ratnamani Metals & Tubes 0.9 Gland Pharma 1.17 VRL Logistics 0.6 Delhivery 1.25 Ahluwalia Contracts (India) 0.52 Westlife Foodworld 0.69 Safari Industries (India) 0.93 Mold-Tek Packaging 0.51 Thangamayil Jewellery 0.79 Rossari Biotech 0.41 JB Chemicals 2.18 Rolex Rings 0.45 Radico Khaitan 1.21 ITC 0.8 Home First Finance Company India 0.98 ASK Automotive 0.33 Bharat Electronics 1.49 Bikaji Foods International 1.03 Aditya Birla Real Estate 1.35 National Aluminium Company 1.13 Sobha 1.21 GE Vernova T&D 2.55 Ujjivan Small Finance Bank 1.28 Ajanta Pharma 1.75 Greenply Industries 0.53 Max Healthcare Institute 1.01 UTI Asset Mgmt 0.67 Apar Industries 1.03 Cohance Lifesciences 0.54 Amber Enterprises India 2.42 Cera Sanitaryware 1.17 Innova Captab 0.85 Jyoti CNC Automation 0.76 Piramal Pharma 0.82 Affle 3I 1.09 Tata Elxsi 0.33 CreditAccess Grameen 1.19 DOMS Industries 0.45 RHI Magnesita 0.47 Cyient 0.65 Indian Bank 1.73 The Ramco Cements 1.02 The Indian Hotels Company 1.05 CAMS 1.33 The Great Eastern Shipping Company 1.02 Brigade Enterprises 0.3 V-Mart Retail 0.68 City Union Bank 2.46 PNC Infratech 0.07 Blue Star 1.94 Kei Industries 3.12 CIE Automotive India 0.69 Subros 0.64 JK Lakshmi Cement 1.08 Mahanagar Gas 0.71 CESC 1.08 Mrs. Bectors Food Specialities 0.67 V-Guard Industries 1.3 Equitas Small Finance Bank 1.45 Bajaj Finance 1.17 Triveni Turbine 0.87 Timken India 0.66 Anand Rathi Wealth 1.54 Vedant Fashions 0.27 Sumitomo Chemical India 0.64 Exide Industries 0.85 Awfis Space Solutions 0.59 Global Health 1.27
Debt & Others (2.78%) Sector Allocation Repo 2.26 Net Receivables 0.52 Debt Credit Ratings Debt Category Others 2.78
Comparison with same funds
Equity, Flexi Cap funds Abakkus Small Cap Fund Regular-Growth Ret 1M 0% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Regular-Growth Ret 1M -11.58% Ret 1Y -5.61% Ret 3Y 20.24% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Regular-IDCW Ret 1M -11.58% Ret 1Y -5.61% Ret 3Y 20.24% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Regular-IDCW Reinvestment Ret 1M -11.58% Ret 1Y -5.61% Ret 3Y 20.24% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Small Cap Fund Regular-Growth Ret 1M -10.93% Ret 1Y -0.12% Ret 3Y 15.36% Ret 5Y 12.23%
Equity, Flexi Cap funds Aditya Birla Sun Life Small Cap Fund Regular-IDCW Ret 1M -10.93% Ret 1Y -0.12% Ret 3Y 15.36% Ret 5Y 12.23%
Equity, Flexi Cap funds Aditya Birla Sun Life Small Cap Fund Regular-IDCW Reinvestment Ret 1M -10.93% Ret 1Y -0.12% Ret 3Y 15.36% Ret 5Y 12.23%
Equity, Flexi Cap funds Axis Nifty Smallcap 50 Index Fund Regular-Growth Ret 1M -11.56% Ret 1Y -5.98% Ret 3Y 20.0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Nifty Smallcap 50 Index Fund Regular-IDCW Payout Ret 1M -11.56% Ret 1Y -5.98% Ret 3Y 20.0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Nifty Smallcap 50 Index Fund Regular-IDCW Reinvestment Ret 1M -11.56% Ret 1Y -5.98% Ret 3Y 20.0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Small Cap Fund Regular-Growth Ret 1M -10.46% Ret 1Y -3.72% Ret 3Y 14.7% Ret 5Y 16.42%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 1.29%
Exit Load 0%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Dhruv Bhatia
Education Mr. Bhatia has done PGDM (Finance), Bachelors in Management Studies (Finance).
Experience Prior to joining Edelweiss Mutual Fund, he has worked with Bank of India Mutual Fund, AUM Fund Advisors LLP and Sahara Asset Management Company.
Nilesh Jethani
Education Mr. Jethani has done Bachelor of Financial Markets from HR College and Postgraduate Program in Global Financial Markets from BSE Institute Ltd.
Experience Prior to joining Bank of India Mutual Fund, he has worked with HDFC Securities, HDFC Bank, and ASK Investment Managers
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at very high risk
AMC and Fund details
Rank (total sets) 6
Date of Incorporation 2018-10-19
Total AUM 14671.19
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
Take Your Next Step
Bank of India Midcap Tax Fund Series 2 Direct-IDCW FAQs
How to invest in Bank of India Midcap Tax Fund Series 2 Direct-IDCW?
Investing in Bank of India Midcap Tax Fund Series 2 Direct-IDCW through Motilal Oswal is simple and completely online. You just need to follow the step-by-step process below to get started in a few minutes.
- Log in to your Motilal Oswal account via the app or website
- Go to the Mutual Funds section
- Search for Bank of India Midcap Tax Fund Series 2 Direct-IDCW in the search bar
- Select your preferred investment mode – Lumpsum or SIP
- Enter investment details such as amount and linked bank account
- Complete your KYC, if not already done
- Review and confirm details including fund name, plan type, amount, and bank account
- Make the payment using Net Banking, UPI, or other available options
- Receive transaction confirmation via email or SMS
What is the expense ratio of Bank of India Midcap Tax Fund Series 2 Direct-IDCW?
The term expense ratio for Bank of India Midcap Tax Fund Series 2 Direct-IDCW or any other mutual fund is the annual fee charged by the fund house for managing your investment scheme. The expense ratio of Bank of India Midcap Tax Fund Series 2 Direct-IDCW is 1.29% as of 24 Mar 2026.
What is the NAV of Bank of India Midcap Tax Fund Series 2 Direct-IDCW?
The NAV of Bank of India Midcap Tax Fund Series 2 Direct-IDCW is ₹29.47 as of 24 Mar 2026.
What is the AUM of Bank of India Midcap Tax Fund Series 2 Direct-IDCW?
The AUM (Assets Under Management) of Bank of India Midcap Tax Fund Series 2 Direct-IDCW is the total value of assets managed by the fund at a given time, which is updated regularly. The AUM of Bank of India Midcap Tax Fund Series 2 Direct-IDCW is ₹30.81 Cr as of 24 Mar 2026.
What is the PE and PB ratio of Bank of India Midcap Tax Fund Series 2 Direct-IDCW?
The PE ratio of Bank of India Midcap Tax Fund Series 2 Direct-IDCW shows how much investors are paying for the fund's underlying earnings, while the PB ratio indicates how the fund's holdings are valued compared to their book value.
Can I invest in SIP and Lump Sum in Bank of India Midcap Tax Fund Series 2 Direct-IDCW?
Yes, you can invest in Bank of India Midcap Tax Fund Series 2 Direct-IDCW through both SIP (Systematic Investment Plan) and lump sum options, depending on your investment preference and financial goals.
What is the return of Bank of India Midcap Tax Fund Series 2 Direct-IDCW in the last 5 years?
The return of Bank of India Midcap Tax Fund Series 2 Direct-IDCW in the last 5 years is 12.47%.
What is the minimum SIP investment required in Bank of India Midcap Tax Fund Series 2 Direct-IDCW?
The minimum SIP investment in Bank of India Midcap Tax Fund Series 2 Direct-IDCW depends on the fund's scheme rules and usually starts at a small amount. For Bank of India Midcap Tax Fund Series 2 Direct-IDCW, the minimum SIP amount is ₹0.
What is the current NAV of Bank of India Midcap Tax Fund Series 2 Direct-IDCW?
The NAV of Bank of India Midcap Tax Fund Series 2 Direct-IDCW, as of 24 Mar 2026, is ₹29.47.
Who manages the Bank of India Midcap Tax Fund Series 2 Direct-IDCW?
The fund managers responsible for Bank of India Midcap Tax Fund Series 2 Direct-IDCW are:
- Dhruv Bhatia
- Nilesh Jethani