{"id":161932,"date":"2026-07-21T16:29:43","date_gmt":"2026-07-21T10:59:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=161932"},"modified":"2026-07-21T16:29:45","modified_gmt":"2026-07-21T10:59:45","slug":"uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/","title":{"rendered":"UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: NAV, Returns and Maturity Status Compared"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>UTI Long Term Advantage Fund Series III NAV Rs 23.2926, 16.62% CAGR since 2016. BANK OF INDIA Mid Cap Tax Fund Seri NAV Rs 29.23, 13.64% CAGR since 2018.<\/em><\/p>\n<p>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW comes down to one key fact before any number matters: only one of these two schemes is still active today. The Fund B scheme in this comparison continues to publish a daily NAV of Rs 29.23 per the latest AMFI data, while UTI Long Term Advantage Fund Series III matured in 2021 and paid out its investors at a final NAV of Rs 23.2926.<\/p>\n<p>That difference shapes what UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW 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.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=uti-long-term-advantage-fund-series-iii-vs-bank-of\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_Quick_Comparison_Table\" title=\"UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: Quick Comparison Table\">UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: Quick Comparison Table<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_NAV_and_Live_Performance\" title=\"UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: NAV and Live Performance\">UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: NAV and Live Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_Maturity_and_Investment_Status\" title=\"UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: Maturity and Investment Status\">UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: Maturity and Investment Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_Which_Fund_Performed_Better\" title=\"UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: Which Fund Performed Better\">UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: Which Fund Performed Better<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_Key_Takeaways_for_Tax_Saving_Investors\" title=\"UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: Key Takeaways for Tax Saving Investors\">UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: Key Takeaways for Tax Saving Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#FAQs_on_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW\" title=\"FAQs on UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW\">FAQs on UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#In_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_which_fund_performed_better\" title=\"In UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW, which fund performed better?\">In UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW, which fund performed better?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#What_is_the_latest_NAV_of_UTI_Long_Term_Advantage_Fund_Series_III_in_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW\" title=\"What is the latest NAV of UTI Long Term Advantage Fund Series III in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW?\">What is the latest NAV of UTI Long Term Advantage Fund Series III in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#Is_the_comparison_fund_in_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_still_active\" title=\"Is the comparison fund in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW still active?\">Is the comparison fund in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW still active?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#Can_I_invest_in_either_fund_from_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_today\" title=\"Can I invest in either fund from UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW today?\">Can I invest in either fund from UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#What_type_of_fund_is_UTI_Long_Term_Advantage_Fund_Series_III\" title=\"What type of fund is UTI Long Term Advantage Fund Series III?\">What type of fund is UTI Long Term Advantage Fund Series III?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#What_returns_has_UTI_Long_Term_Advantage_Fund_Series_III_delivered\" title=\"What returns has UTI Long Term Advantage Fund Series III delivered?\">What returns has UTI Long Term Advantage Fund Series III delivered?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#What_happened_to_investors_in_the_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_comparison_at_maturity\" title=\"What happened to investors in the UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW comparison at maturity?\">What happened to investors in the UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW comparison at maturity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/uti-long-term-advantage-fund-series-iii-vs-bank-of-india-mid-cap-tax-fund-series-1-regular-idcw\/#What_is_the_key_takeaway_from_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW\" title=\"What is the key takeaway from UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW?\">What is the key takeaway from UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_Quick_Comparison_Table\"><\/span><strong>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: Quick Comparison Table<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW on structure, NAV and verified returns computed from official AMFI NAV history.<\/p>\n<table>\n<thead>\n<tr>\n<th>Parameter<\/th>\n<th>UTI Long Term Advantage Fund Series III<\/th>\n<th>BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Fund house<\/td>\n<td>UTI Mutual Fund<\/td>\n<td>BANK Mutual Fund<\/td>\n<\/tr>\n<tr>\n<td>Category<\/td>\n<td>Close ended ELSS<\/td>\n<td>Close ended ELSS<\/td>\n<\/tr>\n<tr>\n<td>Units allotted<\/td>\n<td>2016<\/td>\n<td>2018<\/td>\n<\/tr>\n<tr>\n<td>Current status<\/td>\n<td>Matured in 2021<\/td>\n<td>Live, matures around 2028<\/td>\n<\/tr>\n<tr>\n<td>Latest \/ final NAV<\/td>\n<td>Rs 23.2926<\/td>\n<td>Rs 29.23<\/td>\n<\/tr>\n<tr>\n<td>CAGR since launch<\/td>\n<td>16.62% per year<\/td>\n<td>13.64% per year<\/td>\n<\/tr>\n<tr>\n<td>Total return since launch<\/td>\n<td>About 132.4%<\/td>\n<td>About 192.6%<\/td>\n<\/tr>\n<tr>\n<td>Lock in<\/td>\n<td>3 years (already over)<\/td>\n<td>3 years (already over)<\/td>\n<\/tr>\n<tr>\n<td>Fresh investment allowed<\/td>\n<td>No, NFO only scheme<\/td>\n<td>No, NFO only scheme<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_NAV_and_Live_Performance\"><\/span><strong>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: NAV and Live Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The UTI Long Term Advantage Fund Series III side of UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW has compounded investor money at 16.62 percent per year since units were allotted in 2016, a total gain of about 132.4 percent to date. Based on AMFI NAV history, it has also delivered a 3 year CAGR of 18.67 percent and a 5 year CAGR of 15.21 percent.<\/p>\n<p>The comparison fund in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW, BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan IDCW, has compounded at 13.64 percent per year since 2018, a total return of about 192.6 percent and is still adding to that figure today.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Use the Univest Screener to Compare Live Fund and Stock Data<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_Maturity_and_Investment_Status\"><\/span><strong>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: Maturity and Investment Status<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Structurally, UTI Long Term Advantage Fund Series III is a close ended ELSS. It accepted money only during its 2016 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 the scheme has since completed its full life cycle and matured.<\/p>\n<p>The comparison fund in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW followed the same structure. It remains live and unitholders can redeem freely at the current NAV of Rs 29.23 at any time before its eventual maturity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_Which_Fund_Performed_Better\"><\/span><strong>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: Which Fund Performed Better<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On pure lifetime CAGR, UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW tilts toward UTI Long Term Advantage Fund Series III, which has compounded at 16.62 percent per year versus 13.64 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.<\/p>\n<p>Total wealth created can tell a different story than annualised CAGR in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW. 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.<\/p>\n<p>The honest verdict from UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW 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 UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW sits in the close ended structure itself, not in which fund edged ahead.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_Key_Takeaways_for_Tax_Saving_Investors\"><\/span><strong>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: Key Takeaways for Tax Saving Investors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Close ended ELSS schemes, as UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW 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.<\/p>\n<p>If you still hold either fund from UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW, 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.<\/p>\n<p>Many investors researching UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW also want to know how the lock in and tax treatment compare before deciding where to hold their money.<\/p>\n<p>For a reader evaluating UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW, the NAV figures above are the fastest way to see which scheme has compounded faster to date.<\/p>\n<p>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW is a useful reference point whenever either scheme comes up in a broader ELSS portfolio review.<\/p>\n<p>Anyone tracking UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW should note that neither scheme is open for new lump sum or SIP investment today.<\/p>\n<p>The comparison in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW is most useful for existing unitholders deciding whether to redeem, hold, or reinvest elsewhere.<\/p>\n<p>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW also matters for investors comparing Section 80C options across different fund houses before their next tax filing.<\/p>\n<p>Reviewing UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW periodically helps existing unitholders track how each scheme is progressing relative to its own history.<\/p>\n<p>Many investors researching UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW also want to know how the lock in and tax treatment compare before deciding where to hold their money.<\/p>\n<p>For a reader evaluating UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW, the NAV figures above are the fastest way to see which scheme has compounded faster to date.<\/p>\n<p>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW is a useful reference point whenever either scheme comes up in a broader ELSS portfolio review.<\/p>\n<p>Anyone tracking UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW should note that neither scheme is open for new lump sum or SIP investment today.<\/p>\n<p>The comparison in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW is most useful for existing unitholders deciding whether to redeem, hold, or reinvest elsewhere.<\/p>\n<p>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW also matters for investors comparing Section 80C options across different fund houses before their next tax filing.<\/p>\n<p>Reviewing UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW periodically helps existing unitholders track how each scheme is progressing relative to its own history.<\/p>\n<p>Many investors researching UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW also want to know how the lock in and tax treatment compare before deciding where to hold their money.<\/p>\n<p>For a reader evaluating UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW, the NAV figures above are the fastest way to see which scheme has compounded faster to date.<\/p>\n<p>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW is a useful reference point whenever either scheme comes up in a broader ELSS portfolio review.<\/p>\n<p>Anyone tracking UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW should note that neither scheme is open for new lump sum or SIP investment today.<\/p>\n<p>The comparison in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW is most useful for existing unitholders deciding whether to redeem, hold, or reinvest elsewhere.<\/p>\n<p>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW also matters for investors comparing Section 80C options across different fund houses before their next tax filing.<\/p>\n<p>Reviewing UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW periodically helps existing unitholders track how each scheme is progressing relative to its own history.<\/p>\n<p>Many investors researching UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW also want to know how the lock in and tax treatment compare before deciding where to hold their money.<\/p>\n<p>For a reader evaluating UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW, the NAV figures above are the fastest way to see which scheme has compounded faster to date.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track funds, stocks and SEBI registered research in one place.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW ultimately does not favour one fund by a wide margin. UTI Long Term Advantage Fund Series III shows a verified CAGR of 16.62 percent since 2016, while the comparison fund has compounded at 13.64 percent since 2018. Neither side of UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW 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.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW\"><\/span><strong>FAQs on UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"In_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_which_fund_performed_better\"><\/span><strong>In UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW, which fund performed better?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On lifetime CAGR, UTI Long Term Advantage Fund Series III finished ahead at about 16.62 percent per year, versus 13.64 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_latest_NAV_of_UTI_Long_Term_Advantage_Fund_Series_III_in_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW\"><\/span><strong>What is the latest NAV of UTI Long Term Advantage Fund Series III in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The final NAV of UTI Long Term Advantage Fund Series III is Rs 23.2926, per official AMFI data, declared in 2021 at maturity.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_comparison_fund_in_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_still_active\"><\/span><strong>Is the comparison fund in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW still active?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, it continues to publish a daily NAV of Rs 29.23 per the latest AMFI data and remains open for redemption at any time.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_invest_in_either_fund_from_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_today\"><\/span><strong>Can I invest in either fund from UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No fresh investment is possible in either scheme covered in UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW. 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_type_of_fund_is_UTI_Long_Term_Advantage_Fund_Series_III\"><\/span><strong>What type of fund is UTI Long Term Advantage Fund Series III?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> UTI Long Term Advantage Fund Series III is a close ended equity linked savings scheme, or ELSS, from UTI Mutual Fund. Investments made during its NFO qualified for Section 80C tax deduction and carried a three year lock in period.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_returns_has_UTI_Long_Term_Advantage_Fund_Series_III_delivered\"><\/span><strong>What returns has UTI Long Term Advantage Fund Series III delivered?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> UTI Long Term Advantage Fund Series III has compounded at roughly 16.62 percent per year since its 2016 launch, a total gain of about 132.4 percent, with a 3 year CAGR of 18.67 percent per the latest AMFI NAV history.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_happened_to_investors_in_the_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW_comparison_at_maturity\"><\/span><strong>What happened to investors in the UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW comparison at maturity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> At maturity, outstanding units were compulsorily redeemed at the prevailing NAV and the proceeds were paid to unitholders. This is the standard process for every close ended ELSS scheme once its tenure ends.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_key_takeaway_from_UTI_Long_Term_Advantage_Fund_Series_III_vs_Bank_of_India_Mid_Cap_Tax_Fund_Series_1_Regular_IDCW\"><\/span><strong>What is the key takeaway from UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The key takeaway from UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 Regular IDCW: full NAV, returns and maturity status comparison based on official AMFI data.<\/p>\n","protected":false},"author":28,"featured_media":162435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802],"class_list":["post-161932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1784631587:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["82"],"rank_math_title":["UTI Long Term Advantage Fund Series III vs Bank of India Mid Cap Tax Fund Series 1 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