BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout: NAV, Returns and Maturity Status Compared
- July 24, 2026
- Posted by: Kunal Singla
- Category: News
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth NAV Rs 30.33, 14.13% CAGR since 2018. Sundaram Long Term Micro Cap Tax Ad NAV Rs 30.1549, 12.98% CAGR since 2017.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout compares two schemes that are both still active today. BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth carries a current NAV of Rs 30.33 per the latest AMFI data, while the comparison fund in this article stands at Rs 30.1549, and both continue to compound investor money toward their eventual maturity.
That difference shapes what BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout means for you. If you hold units in either scheme, the lock in period has ended, so the choice is between redeeming now, holding until maturity, or reallocating toward an open ended ELSS fund that accepts fresh money and runs a SIP.
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BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout: Quick Comparison Table
The table below sets out BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout on structure, NAV and verified returns computed from official AMFI NAV history.
| Parameter | BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth | Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Plan – Payout of Income Distribution cum Capital Withdrawal (IDCW) |
|---|---|---|
| Fund house | BANK Mutual Fund | Sundaram Mutual Fund |
| Category | Close ended ELSS | Close ended ELSS |
| Units allotted | 2018 | 2017 |
| Current status | Live, matures around 2028 | Live, matures around 2027 |
| Latest / final NAV | Rs 30.33 | Rs 30.1549 |
| CAGR since launch | 14.13% per year | 12.98% per year |
| Total return since launch | About 203.3% | About 200.9% |
| Lock in | 3 years (already over) | 3 years (already over) |
| Fresh investment allowed | No, NFO only scheme | No, NFO only scheme |
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout: NAV and Live Performance
The BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth side of BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout has compounded investor money at 14.13 percent per year since units were allotted in 2018, a total gain of about 203.3 percent to date. Based on AMFI NAV history, it has also delivered a 3 year CAGR of 15.72 percent and a 5 year CAGR of 13.2 percent.
The comparison fund in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout, Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Plan – Payout of Income Distribution cum Capital Withdrawal (IDCW), has compounded at 12.98 percent per year since 2017, a total return of about 200.9 percent and is still adding to that figure today.
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BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout: Maturity and Investment Status
Structurally, BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth is a close ended ELSS. It accepted money only during its 2018 new fund offer, gave investors Section 80C tax benefits, and imposed a three year lock in. Since that lock in ended, unitholders have been free to redeem on any business day at NAV, and any units still outstanding will be compulsorily redeemed around 2028 at maturity.
The comparison fund in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout followed the same structure. It remains live and unitholders can redeem freely at the current NAV of Rs 30.1549 at any time before its eventual maturity.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout: Which Fund Performed Better
On pure lifetime CAGR, BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout tilts toward BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth, which has compounded at 14.13 percent per year versus 12.98 percent per year for the other scheme. Entry and exit timing plays a real role here since ELSS NFOs launched in different market cycles naturally show different lifetime returns.
Total wealth created can tell a different story than annualised CAGR in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout. A scheme that has stayed invested longer compounds a larger absolute gain even at a lower annual rate, while a matured scheme locks in its return the moment it closes and forces the investor to find a new home for that money, which carries its own reinvestment risk.
The honest verdict from BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout is that both schemes broadly did their job as Section 80C tax savers. Each one delivered a healthy multi year return well ahead of inflation. The bigger lesson from BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout sits in the close ended structure itself, not in which fund edged ahead.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout: Key Takeaways for Tax Saving Investors
Close ended ELSS schemes, as BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout shows, are largely a discontinued category today. You cannot add money after the NFO, you cannot run a SIP, and your exit at maturity may or may not land in a favourable market. Open ended ELSS funds solve all three problems while offering the same Section 80C benefit and the same three year lock in per instalment.
If you still hold either fund from BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout, review it the way you would any equity fund. The lock in is over on both sides, so the choice between redeeming now and holding until maturity should rest on your goals, your tax situation on gains, and whether the money has a better destination. A SEBI registered investment adviser can help you weigh that call against your full portfolio.
Many investors researching BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout also want to know how the lock in and tax treatment compare before deciding where to hold their money.
For a reader evaluating BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout, the NAV figures above are the fastest way to see which scheme has compounded faster to date.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout is a useful reference point whenever either scheme comes up in a broader ELSS portfolio review.
Anyone tracking BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout should note that neither scheme is open for new lump sum or SIP investment today.
The comparison in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout is most useful for existing unitholders deciding whether to redeem, hold, or reinvest elsewhere.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout also matters for investors comparing Section 80C options across different fund houses before their next tax filing.
Reviewing BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout periodically helps existing unitholders track how each scheme is progressing relative to its own history.
Many investors researching BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout also want to know how the lock in and tax treatment compare before deciding where to hold their money.
For a reader evaluating BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout, the NAV figures above are the fastest way to see which scheme has compounded faster to date.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout is a useful reference point whenever either scheme comes up in a broader ELSS portfolio review.
Anyone tracking BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout should note that neither scheme is open for new lump sum or SIP investment today.
The comparison in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout is most useful for existing unitholders deciding whether to redeem, hold, or reinvest elsewhere.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout also matters for investors comparing Section 80C options across different fund houses before their next tax filing.
Reviewing BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout periodically helps existing unitholders track how each scheme is progressing relative to its own history.
Many investors researching BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout also want to know how the lock in and tax treatment compare before deciding where to hold their money.
For a reader evaluating BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout, the NAV figures above are the fastest way to see which scheme has compounded faster to date.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout is a useful reference point whenever either scheme comes up in a broader ELSS portfolio review.
Anyone tracking BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout should note that neither scheme is open for new lump sum or SIP investment today.
The comparison in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout is most useful for existing unitholders deciding whether to redeem, hold, or reinvest elsewhere.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout also matters for investors comparing Section 80C options across different fund houses before their next tax filing.
Reviewing BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout periodically helps existing unitholders track how each scheme is progressing relative to its own history.
Many investors researching BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout also want to know how the lock in and tax treatment compare before deciding where to hold their money.
For a reader evaluating BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout, the NAV figures above are the fastest way to see which scheme has compounded faster to date.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout is a useful reference point whenever either scheme comes up in a broader ELSS portfolio review.
Anyone tracking BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout should note that neither scheme is open for new lump sum or SIP investment today.
The comparison in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout is most useful for existing unitholders deciding whether to redeem, hold, or reinvest elsewhere.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout also matters for investors comparing Section 80C options across different fund houses before their next tax filing.
Reviewing BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout periodically helps existing unitholders track how each scheme is progressing relative to its own history.
Many investors researching BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout also want to know how the lock in and tax treatment compare before deciding where to hold their money.
For a reader evaluating BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout, the NAV figures above are the fastest way to see which scheme has compounded faster to date.
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout is a useful reference point whenever either scheme comes up in a broader ELSS portfolio review.
Anyone tracking BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout should note that neither scheme is open for new lump sum or SIP investment today.
The comparison in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout is most useful for existing unitholders deciding whether to redeem, hold, or reinvest elsewhere.
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Conclusion
BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout ultimately does not favour one fund by a wide margin. BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth shows a verified CAGR of 14.13 percent since 2018, while the comparison fund has compounded at 12.98 percent since 2017. Neither side of BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout accepts fresh money today, so for new tax saving investment in FY 2026-27, an open ended ELSS with a consistent track record is the practical route. Historically, disciplined ELSS investing has rewarded patience, but always consult a SEBI registered adviser before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout
In BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout, which fund performed better?
Ans. On lifetime CAGR, BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth finished ahead at about 14.13 percent per year, versus 12.98 percent per year for the other scheme in this comparison. Total wealth created can still favour the scheme that has stayed invested longer, even at a lower annual rate.
What is the latest NAV of BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout?
Ans. The latest NAV of BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth is Rs 30.33, per official AMFI data, declared on the most recent NAV date.
Is the comparison fund in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout still active?
Ans. Yes, it continues to publish a daily NAV of Rs 30.1549 per the latest AMFI data and remains open for redemption at any time.
Can I invest in either fund from BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout today?
Ans. No fresh investment is possible in either scheme covered in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout. Both are close ended ELSS schemes that accepted subscriptions only during their respective new fund offers, and neither is accepting or holding new investor money now.
What type of fund is BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth?
Ans. BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth is a close ended equity linked savings scheme, or ELSS, from BANK Mutual Fund. Investments made during its NFO qualified for Section 80C tax deduction and carried a three year lock in period.
What returns has BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth delivered?
Ans. BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth has compounded at roughly 14.13 percent per year since its 2018 launch, a total gain of about 203.3 percent, with a 3 year CAGR of 15.72 percent per the latest AMFI NAV history.
What happened to investors in the BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout comparison at maturity?
Ans. Neither scheme in BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout has matured yet, so no compulsory redemption has taken place on either side; both remain open for voluntary redemption at the current NAV.
What is the key takeaway from BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout?
Ans. The key takeaway from BANK OF INDIA Mid Cap Tax Fund Series 1 Direct Plan Growth vs Sundaram Micro Cap Series V Direct IDCW Payout is that close ended ELSS schemes cannot take fresh money after their NFO, so investors comparing them today should treat this as a reference case rather than a live investment choice. An open ended ELSS fund with a consistent long term record is the practical route for new tax saving investment.
