Bank of India Investment Managers Private

BANK OF INDIA MID CAP TAX FUND Series 2

As on 23 Oct 2026

BANK OF INDIA MID CAP TAX FUND Series 2

Q: What kind of returns does BANK OF INDIA MID CAP TAX FUND Series 2 provide?

BANK OF INDIA MID CAP TAX FUND Series 2 aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. BANK OF INDIA MID CAP TAX FUND Series 2 had a return of -3.77% over the past 1 year.

Q: How much expense ratio is charged by BANK OF INDIA MID CAP TAX FUND Series 2?

The expense ratio for BANK OF INDIA MID CAP TAX FUND Series 2, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 23 Oct 2026, the expense ratio charged by BANK OF INDIA MID CAP TAX FUND Series 2 is typically around 1.53 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of BANK OF INDIA MID CAP TAX FUND Series 2?

As of 23 Oct 2026, the Assets Under Management (AUM) of BANK OF INDIA MID CAP TAX FUND Series 2 is approximately ₹32.1408 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of BANK OF INDIA MID CAP TAX FUND Series 2?

The Net Asset Value (NAV) of BANK OF INDIA MID CAP TAX FUND Series 2 is updated daily and reflects the per-unit value of the fund's assets. As of 23 Oct 2026 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of BANK OF INDIA MID CAP TAX FUND Series 2?

The PE ratio for BANK OF INDIA MID CAP TAX FUND Series 2 is 57.95 and the PB ratio is 8.75. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of BANK OF INDIA MID CAP TAX FUND Series 2?

The exit load for BANK OF INDIA MID CAP TAX FUND Series 2 is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Equity

NAV

₹ 33.15

CAGR (3 Years)

12.06%

AUM (Cr)

₹ 32.14

Risk

Very High Risk

About BANK OF INDIA MID CAP TAX FUND Series 2

The scheme seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related securities of midcap companies along with income tax benefit. However, there is no assurance that the investment objective of the Scheme will be realized and the Schem

Breakdown of this Fund

Aerospace & Defence

7.87%

Alcoholic Beverages

1.90%

Auto Ancillaries

13.53%

Banks

22.71%

Bearings

3.88%

Cables

5.16%

Capital Goods - Electrical Equipment

10.43%

Capital Goods-Non Electrical Equipment

2.96%

Consumer Durables

4.45%

Debt Others

3.72%

E-Commerce/App based Aggregator

13.84%

Finance

13.26%

Gas Distribution

2.04%

Healthcare

1.71%

Hotels & Restaurants

2.51%

Insurance

4.41%

IT - Software

11.58%

Logistics

6.88%

Mining & Mineral products

3.12%

Miscellaneous

0.77%

Packaging

4.40%

Pharmaceuticals

25.43%

Plantation & Plantation Products

2.34%

Realty

5.06%

Refineries

3.06%

Steel

11.26%

Stock/ Commodity Brokers

3.93%

Sugar

0.77%

T Bills

0.30%

Telecom-Service

3.45%

Textiles

1.42%

Tobacco Products

1.85%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

1.53

Exit Load

Nil

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.