Question 1

What is the Expense Ratio of BANK OF INDIA MID CAP TAX FUND Series 2 - Direct - Growth?

Accepted Answer

The Expense Ratio of BANK OF INDIA MID CAP TAX FUND Series 2 - Direct - Growth is 1.08% as of 01/08/2026. This is the fee charged by the fund house for managing the fund.

Question 2

What is the AUM of BANK OF INDIA MID CAP TAX FUND Series 2 - Direct - Growth?

Accepted Answer

The Assets Under Management (AUM) of BANK OF INDIA MID CAP TAX FUND Series 2 - Direct - Growth is ₹2.54 Crores as of Quarter ending June 2026.

Question 3

What is the 3-Year CAGR of BANK OF INDIA MID CAP TAX FUND Series 2 - Direct - Growth?

Accepted Answer

The 3-Year Compound Annual Growth Rate (CAGR) of BANK OF INDIA MID CAP TAX FUND Series 2 - Direct - Growth is 13.96%. This indicates the average annual growth rate over the last 3 years.

Question 4

Who manages BANK OF INDIA MID CAP TAX FUND Series 2 - Direct - Growth?

Accepted Answer

BANK OF INDIA MID CAP TAX FUND Series 2 - Direct - Growth is managed by Bank of India Mutual Fund.

Question 5

Is BANK OF INDIA MID CAP TAX FUND Series 2 - Direct - Growth an open-ended or close-ended scheme?

Accepted Answer

BANK OF INDIA MID CAP TAX FUND Series 2 - Direct - Growth is an Open-Ended scheme.

Question 6

How is the Expense Ratio calculated?

Accepted Answer

The Expense Ratio is the annual fee that mutual funds charge their unitholders. It expresses the percentage of assets deducted each fiscal year for fund expenses including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.

Period	Returns	CAGR	Volatility
3M	9.42%	43.35%	13.22%
6M	16.51%	35.74%	18.42%
1Y	8.77%	8.77%	16.41%
3Y	47.98%	13.96%	17.70%
5Y	72.38%	11.51%	16.98%

Scheme	3Y CAGR (%)	TER (%)	AUM (Cr)
Sundaram Long Term Tax Advantage Fund Series IV - Direct - Growth	13.82%	1.01%	₹0.86
Sundaram Long Term Tax Advantage Fund Series III - Direct - Growth	13.48%	0.98%	₹1.75
Quant ELSS Tax Saver Fund - Direct - Growth	15.05%	1.21%	₹9,845.21
SBI Long Term Advantage Fund - Series V - Direct - Growth	20.46%	1.17%	₹27.4
Edelweiss ELSS Tax Saver Fund - Direct - Growth	14.31%	0.92%	₹25.21
Mirae Asset ELSS Tax Saver Fund - Direct - Growth	12.57%	1.02%	₹13,451.94
SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE SERIES V - Direct - Growth	13.17%	0.98%	₹1.42

BANK OF INDIA MID CAP TAX FUND Series 2 - Direct - Growth

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