Bank Of India Elss Tax Saver Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 35
Rating
Growth Option 12-12-2025
NAV ₹158.55(R) +0.59% ₹185.54(D) +0.59%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -10.23% 15.1% 17.73% 18.72% 16.07%
Direct -9.16% 16.39% 19.03% 20.05% 17.46%
Nifty 500 TRI 3.05% 15.53% 17.36% 16.03% 15.17%
SIP (XIRR) Regular 3.5% 10.47% 13.45% 17.54% 16.57%
Direct 4.77% 11.78% 14.77% 18.91% 17.91%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.59 0.3 0.47 -1.45% 0.09
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
16.34% -17.67% -23.77% 1.11 11.83%
Fund AUM As on: 30/06/2025 1358 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Sbi Long Term Equity Fund 2
Whiteoak Capital Elss Tax Saver Fund 3
Baroda BNP Paribas ELSS Tax Saver Fund 4
DSP ELSS Tax Saver Fund 5
Mirae Asset ELSS Tax Saver Fund 6
ICICI Prudential ELSS Tax Saver Fund 7
JM ELSS Tax Saver Fund 8

NAV Date: 12-12-2025

Scheme Name NAV Rupee Change Percent Change
BANK OF INDIA ELSS Tax Saver -ECO Plan-IDCW 28.49
0.1600
0.5600%
BANK OF INDIA ELSS Tax Saver -Regular Plan-IDCW 30.54
0.1800
0.5900%
BANK OF INDIA ELSS Tax Saver -Direct Plan-IDCW 74.1
0.4400
0.6000%
BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth 158.55
0.9300
0.5900%
BANK OF INDIA ELSS Tax Saver -ECO Plan-Growth 171.66
1.0000
0.5900%
BANK OF INDIA ELSS Tax Saver -Direct Plan- Growth 185.54
1.0900
0.5900%

Review Date: 12-12-2025

Beginning of Analysis

Bank of India ELSS Tax Saver is the 31st ranked fund in the ELSS (Tax Saving) Fund category. The category has total 35 funds. The 1 star rating shows a very poor past performance of the Bank of India ELSS Tax Saver in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of -1.45% which is lower than the category average of 1.17%, showing poor performance. The fund has a Sharpe Ratio of 0.59 which is lower than the category average of 0.74.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Bank of India ELSS Tax Saver Return Analysis

The Bank of India ELSS Tax Saver has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of -2.34%, -0.07 and -0.5 in last one, three and six months respectively. In the same period the category average return was -0.46%, 1.57% and 3.04% respectively.
  • Bank of India ELSS Tax Saver has given a return of -9.16% in last one year. In the same period the Nifty 500 TRI return was 3.05%. The fund has given 12.21% less return than the benchmark return.
  • The fund has given a return of 16.39% in last three years and rank 19th out of 37 funds in the category. In the same period the Nifty 500 TRI return was 15.53%. The fund has given 0.86% more return than the benchmark return.
  • Bank of India ELSS Tax Saver has given a return of 19.03% in last five years and category average returns is 18.35% in same period. The fund ranked 13th out of 33 funds in the category. In the same period the Nifty 500 TRI return was 17.36%. The fund has given 1.67% more return than the benchmark return.
  • The fund has given a return of 17.46% in last ten years and ranked 5th out of 26 funds in the category. In the same period the Nifty 500 TRI return was 15.17%. The fund has given 2.29% more return than the benchmark return.
  • The fund has given a SIP return of 4.77% in last one year whereas category average SIP return is 10.98%. The fund one year return rank in the category is 37th in 41 funds
  • The fund has SIP return of 11.78% in last three years and ranks 36th in 37 funds. Whiteoak Capital Elss Tax Saver Fund has given the highest SIP return (19.97%) in the category in last three years.
  • The fund has SIP return of 14.77% in last five years whereas category average SIP return is 15.79%.

Bank of India ELSS Tax Saver Risk Analysis

  • The fund has a standard deviation of 16.34 and semi deviation of 11.83. The category average standard deviation is 13.08 and semi deviation is 9.57.
  • The fund has a Value at Risk (VaR) of -17.67 and a maximum drawdown of -23.77. The category average VaR is -16.9 and the maximum drawdown is -17.36. The fund has a beta of 1.08 which shows that fund is more volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -2.43 -0.45
    -0.56
    		-4.85 | 1.02 37 | 40 Poor
    3M Return % -0.39 2.44
    1.26
    		-5.26 | 4.76 34 | 40 Poor
    6M Return % -1.12 3.56
    2.45
    		-7.07 | 6.91 36 | 40 Poor
    1Y Return % -10.23 3.05
    -0.30
    		-17.53 | 7.25 38 | 40 Poor
    3Y Return % 15.10 15.53
    15.83
    		10.04 | 22.46 20 | 37 Good
    5Y Return % 17.73 17.36
    17.02
    		10.99 | 23.43 12 | 33 Good
    7Y Return % 18.72 16.03
    15.49
    		10.81 | 22.98 3 | 30 Very Good
    10Y Return % 16.07 15.17
    14.44
    		11.58 | 20.52 5 | 25 Very Good
    15Y Return % 13.53 12.54
    13.04
    		11.12 | 14.88 10 | 20 Good
    1Y SIP Return % 3.50
    9.66
    		-3.29 | 15.87 36 | 40 Poor
    3Y SIP Return % 10.47
    13.91
    		7.22 | 18.51 35 | 37 Poor
    5Y SIP Return % 13.45
    14.50
    		9.11 | 20.24 23 | 33 Average
    7Y SIP Return % 17.54
    16.53
    		12.40 | 22.59 10 | 30 Good
    10Y SIP Return % 16.57
    15.27
    		11.55 | 20.99 7 | 24 Good
    15Y SIP Return % 15.86
    14.93
    		12.77 | 19.52 6 | 21 Very Good
    Standard Deviation 16.34
    13.08
    		9.41 | 18.99 35 | 37 Poor
    Semi Deviation 11.83
    9.57
    		6.81 | 14.83 35 | 37 Poor
    Max Drawdown % -23.77
    -17.36
    		-25.67 | -9.56 35 | 37 Poor
    VaR 1 Y % -17.67
    -16.90
    		-24.68 | -10.74 26 | 37 Average
    Average Drawdown % -8.83
    -7.11
    		-10.83 | -3.90 31 | 37 Poor
    Sharpe Ratio 0.59
    0.74
    		0.27 | 1.22 29 | 37 Average
    Sterling Ratio 0.47
    0.59
    		0.30 | 0.88 32 | 37 Poor
    Sortino Ratio 0.30
    0.37
    		0.13 | 0.65 29 | 37 Average
    Jensen Alpha % -1.45
    1.17
    		-6.06 | 7.11 31 | 37 Poor
    Treynor Ratio 0.09
    0.10
    		0.04 | 0.16 28 | 37 Average
    Modigliani Square Measure % 12.80
    16.05
    		8.64 | 23.27 32 | 37 Poor
    Alpha % -1.42
    0.48
    		-5.26 | 8.75 27 | 37 Average
    Return data last Updated On : Dec. 12, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 28, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -2.34 -0.45 -0.46 -4.76 | 1.12 38 | 41 Poor
    3M Return % -0.07 2.44 1.57 -4.91 | 5.20 35 | 41 Poor
    6M Return % -0.50 3.56 3.04 -6.40 | 7.56 38 | 41 Poor
    1Y Return % -9.16 3.05 0.88 -16.33 | 7.91 39 | 41 Poor
    3Y Return % 16.39 15.53 17.10 11.87 | 23.28 19 | 37 Good
    5Y Return % 19.03 17.36 18.35 12.16 | 25.23 13 | 33 Good
    7Y Return % 20.05 16.03 16.74 11.75 | 24.78 2 | 30 Very Good
    10Y Return % 17.46 15.17 15.52 12.56 | 21.84 5 | 26 Very Good
    1Y SIP Return % 4.77 10.98 -1.84 | 17.27 37 | 41 Poor
    3Y SIP Return % 11.78 15.19 9.03 | 19.97 36 | 37 Poor
    5Y SIP Return % 14.77 15.79 10.98 | 21.05 22 | 33 Average
    7Y SIP Return % 18.91 17.81 13.34 | 24.44 9 | 30 Good
    10Y SIP Return % 17.91 16.32 12.49 | 22.58 6 | 25 Very Good
    Standard Deviation 16.34 13.08 9.41 | 18.99 35 | 37 Poor
    Semi Deviation 11.83 9.57 6.81 | 14.83 35 | 37 Poor
    Max Drawdown % -23.77 -17.36 -25.67 | -9.56 35 | 37 Poor
    VaR 1 Y % -17.67 -16.90 -24.68 | -10.74 26 | 37 Average
    Average Drawdown % -8.83 -7.11 -10.83 | -3.90 31 | 37 Poor
    Sharpe Ratio 0.59 0.74 0.27 | 1.22 29 | 37 Average
    Sterling Ratio 0.47 0.59 0.30 | 0.88 32 | 37 Poor
    Sortino Ratio 0.30 0.37 0.13 | 0.65 29 | 37 Average
    Jensen Alpha % -1.45 1.17 -6.06 | 7.11 31 | 37 Poor
    Treynor Ratio 0.09 0.10 0.04 | 0.16 28 | 37 Average
    Modigliani Square Measure % 12.80 16.05 8.64 | 23.27 32 | 37 Poor
    Alpha % -1.42 0.48 -5.26 | 8.75 27 | 37 Average
    Return data last Updated On : Dec. 12, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 28, 2025
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Bank Of India Elss Tax Saver NAV Regular Growth Bank Of India Elss Tax Saver NAV Direct Growth
    12-12-2025 158.55 185.54
    11-12-2025 157.62 184.45
    10-12-2025 157.17 183.91
    09-12-2025 157.52 184.32
    08-12-2025 156.85 183.52
    05-12-2025 159.47 186.58
    04-12-2025 159.45 186.55
    03-12-2025 159.54 186.65
    02-12-2025 160.89 188.22
    01-12-2025 161.66 189.12
    28-11-2025 161.97 189.46
    27-11-2025 161.6 189.02
    26-11-2025 161.77 189.22
    25-11-2025 160.11 187.26
    24-11-2025 159.93 187.05
    21-11-2025 160.66 187.89
    20-11-2025 162.47 189.99
    19-11-2025 162.61 190.15
    18-11-2025 162.43 189.93
    17-11-2025 162.97 190.55
    14-11-2025 162.47 189.96
    13-11-2025 162.26 189.71
    12-11-2025 162.5 189.98

    Fund Launch Date: 12/Dec/2008
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: The Scheme seeks to generate long-term capital growth from a diversified portfolio ofpredominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns. There can be no assurance that the investment objectives of the Scheme will be realized.
    Fund Description: An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
    Fund Benchmark: BSE 500 Total Return Index (Total Return Index)
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.