{"id":181794,"date":"2026-08-03T16:02:30","date_gmt":"2026-08-03T10:32:30","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=181794"},"modified":"2026-08-03T16:02:32","modified_gmt":"2026-08-03T10:32:32","slug":"bank-of-india-elss-tax-saver-review","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bank-of-india-elss-tax-saver-review\/","title":{"rendered":"Bank Of India ELSS Tax Saver Review: Plans, NAV, Returns and Portfolio Analysis 2026"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Bank Of India ELSS Tax Saver has 6 plan\/option variants. Representative NAV Rs 194.56 (20-Jul-2026). Category Equity Linked Savings Scheme. Risk Very High.<\/em><\/p>\n<p>Bank Of India ELSS Tax Saver is a equity linked savings scheme offered by Bank of India Mutual Fund, available in Direct and ECO and Regular Plans across IDCW, Growth. The scheme aims to generate long term capital appreciation through investment primarily in equity and equity related instruments, with a mandatory 3 year lock-in period under the ELSS provision of the Income Tax Act. With multiple variants, Bank Of India ELSS Tax Saver lets investors choose between different cost structures and payout approaches within the same base scheme.<\/p>\n<p>This article reviews Bank Of India ELSS Tax Saver across all its available plans and options, covering the latest NAV, expense ratio, portfolio approach, performance, exit load and investor suitability, based on publicly available data as of August 2026.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=bank-of-india-elss-tax-saver\"><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\/bank-of-india-elss-tax-saver-review\/#Bank_Of_India_ELSS_Tax_Saver_Plans_and_Options_Available\" title=\"Bank Of India ELSS Tax Saver Plans and Options Available\">Bank Of India ELSS Tax Saver Plans and Options Available<\/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\/bank-of-india-elss-tax-saver-review\/#Investment_Objective_and_Portfolio_Approach\" title=\"Investment Objective and Portfolio Approach\">Investment Objective and Portfolio Approach<\/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\/bank-of-india-elss-tax-saver-review\/#Bank_Of_India_ELSS_Tax_Saver_Performance_and_Returns\" title=\"Bank Of India ELSS Tax Saver Performance and Returns\">Bank Of India ELSS Tax Saver Performance and Returns<\/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\/bank-of-india-elss-tax-saver-review\/#Direct_Plan_vs_Regular_Plan_Key_Differences_in_Bank_Of_India_ELSS_Tax_Saver\" title=\"Direct Plan vs Regular Plan: Key Differences in Bank Of India ELSS Tax Saver\">Direct Plan vs Regular Plan: Key Differences in Bank Of India ELSS Tax Saver<\/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\/bank-of-india-elss-tax-saver-review\/#Growth_Option_vs_IDCW_Option_in_Bank_Of_India_ELSS_Tax_Saver\" title=\"Growth Option vs IDCW Option in Bank Of India ELSS Tax Saver\">Growth Option vs IDCW Option in Bank Of India ELSS Tax Saver<\/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\/bank-of-india-elss-tax-saver-review\/#Expense_Ratio_and_Exit_Load\" title=\"Expense Ratio and Exit Load\">Expense Ratio and Exit Load<\/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\/bank-of-india-elss-tax-saver-review\/#Who_Should_Consider_Bank_Of_India_ELSS_Tax_Saver\" title=\"Who Should Consider Bank Of India ELSS Tax Saver\">Who Should Consider Bank Of India ELSS Tax Saver<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-elss-tax-saver-review\/#Key_Risks_in_the_scheme\" title=\"Key Risks in the scheme\">Key Risks in the scheme<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-elss-tax-saver-review\/#How_to_Invest_in_Bank_Of_India_ELSS_Tax_Saver\" title=\"How to Invest in Bank Of India ELSS Tax Saver\">How to Invest in Bank Of India ELSS Tax Saver<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-elss-tax-saver-review\/#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-11\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-elss-tax-saver-review\/#Frequently_Asked_Questions_on_Bank_Of_India_ELSS_Tax_Saver\" title=\"Frequently Asked Questions on Bank Of India ELSS Tax Saver\">Frequently Asked Questions on Bank Of India ELSS Tax Saver<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-elss-tax-saver-review\/#What_plans_and_options_are_available_in_Bank_Of_India_ELSS_Tax_Saver\" title=\"What plans and options are available in Bank Of India ELSS Tax Saver?\">What plans and options are available in Bank Of India ELSS Tax Saver?<\/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\/bank-of-india-elss-tax-saver-review\/#What_is_the_latest_NAV_of_Bank_Of_India_ELSS_Tax_Saver\" title=\"What is the latest NAV of Bank Of India ELSS Tax Saver?\">What is the latest NAV of Bank Of India ELSS Tax Saver?<\/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\/bank-of-india-elss-tax-saver-review\/#What_is_the_investment_objective_of_Bank_Of_India_ELSS_Tax_Saver\" title=\"What is the investment objective of Bank Of India ELSS Tax Saver?\">What is the investment objective of Bank Of India ELSS Tax Saver?<\/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\/bank-of-india-elss-tax-saver-review\/#What_is_the_difference_between_the_Direct_and_Regular_Plan_in_Bank_Of_India_ELSS_Tax_Saver\" title=\"What is the difference between the Direct and Regular Plan in Bank Of India ELSS Tax Saver?\">What is the difference between the Direct and Regular Plan in Bank Of India ELSS Tax Saver?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-elss-tax-saver-review\/#What_is_the_expense_ratio_of_Bank_Of_India_ELSS_Tax_Saver\" title=\"What is the expense ratio of Bank Of India ELSS Tax Saver?\">What is the expense ratio of Bank Of India ELSS Tax Saver?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-elss-tax-saver-review\/#What_is_the_exit_load_on_Bank_Of_India_ELSS_Tax_Saver\" title=\"What is the exit load on Bank Of India ELSS Tax Saver?\">What is the exit load on Bank Of India ELSS Tax Saver?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-elss-tax-saver-review\/#Who_should_invest_in_Bank_Of_India_ELSS_Tax_Saver\" title=\"Who should invest in Bank Of India ELSS Tax Saver?\">Who should invest in Bank Of India ELSS Tax Saver?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-elss-tax-saver-review\/#Is_Bank_Of_India_ELSS_Tax_Saver_a_good_investment\" title=\"Is Bank Of India ELSS Tax Saver a good investment?\">Is Bank Of India ELSS Tax Saver a good investment?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Bank_Of_India_ELSS_Tax_Saver_Plans_and_Options_Available\"><\/span><strong>Bank Of India ELSS Tax Saver Plans and Options Available<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bank Of India ELSS Tax Saver is offered across 6 scheme codes. The table below lists all available variants with ISIN codes and latest NAV figures.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<td><strong>Scheme Code<\/strong><\/td>\n<td><strong>Plan<\/strong><\/td>\n<td><strong>Option<\/strong><\/td>\n<td><strong>ISIN (Growth \/ Payout)<\/strong><\/td>\n<td><strong>ISIN (Reinvestment)<\/strong><\/td>\n<td><strong>NAV (Rs)<\/strong><\/td>\n<td><strong>NAV Date<\/strong><\/td>\n<\/tr>\n<tr>\n<td>119351<\/td>\n<td>Direct Plan<\/td>\n<td>Growth<\/td>\n<td>INF761K01884<\/td>\n<td>&#8211;<\/td>\n<td>194.56<\/td>\n<td>20-Jul-2026<\/td>\n<\/tr>\n<tr>\n<td>119352<\/td>\n<td>Direct Plan<\/td>\n<td>IDCW<\/td>\n<td>INF761K01876<\/td>\n<td>INF761K01868<\/td>\n<td>77.7<\/td>\n<td>20-Jul-2026<\/td>\n<\/tr>\n<tr>\n<td>111709<\/td>\n<td>ECO Plan<\/td>\n<td>Growth<\/td>\n<td>INF761K01157<\/td>\n<td>&#8211;<\/td>\n<td>179.01<\/td>\n<td>20-Jul-2026<\/td>\n<\/tr>\n<tr>\n<td>111711<\/td>\n<td>ECO Plan<\/td>\n<td>IDCW<\/td>\n<td>INF761K01132<\/td>\n<td>INF761K01140<\/td>\n<td>29.71<\/td>\n<td>20-Jul-2026<\/td>\n<\/tr>\n<tr>\n<td>111710<\/td>\n<td>Regular Plan<\/td>\n<td>Growth<\/td>\n<td>INF761K01181<\/td>\n<td>&#8211;<\/td>\n<td>165.03<\/td>\n<td>20-Jul-2026<\/td>\n<\/tr>\n<tr>\n<td>111708<\/td>\n<td>Regular Plan<\/td>\n<td>IDCW<\/td>\n<td>INF761K01165<\/td>\n<td>INF761K01173<\/td>\n<td>31.79<\/td>\n<td>20-Jul-2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Investment_Objective_and_Portfolio_Approach\"><\/span><strong>Investment Objective and Portfolio Approach<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bank Of India ELSS Tax Saver seeks to generate long term capital appreciation through investment primarily in equity and equity related instruments, with a mandatory 3 year lock-in period under the ELSS provision of the Income Tax Act.<\/p>\n<p>In terms of portfolio construction, the scheme holds primarily equity and equity related instruments across market capitalisations and sectors.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bank_Of_India_ELSS_Tax_Saver_Performance_and_Returns\"><\/span><strong>Bank Of India ELSS Tax Saver Performance and Returns<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bank Of India ELSS Tax Saver has delivered returns that are dependent on the fund manager&#8217;s portfolio decisions, market conditions and the expense ratio differential between plans; investors should check the latest factsheet for current figures. Performance across individual plans and options may vary slightly due to differing expense ratios and whether gains are paid out under the IDCW option or reinvested under the Growth option.<\/p>\n<p>The Direct Plan of any mutual fund typically delivers a slightly higher return than the Regular Plan of the same scheme over time, since it charges a lower expense ratio by excluding distributor commission. Investors should review the latest scheme factsheet from the AMC for current performance figures.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Direct_Plan_vs_Regular_Plan_Key_Differences_in_Bank_Of_India_ELSS_Tax_Saver\"><\/span><strong>Direct Plan vs Regular Plan: Key Differences in Bank Of India ELSS Tax Saver<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Direct Plan of Bank Of India ELSS Tax Saver is available for investors transacting directly with the AMC or through a registered investment advisor, and carries lower than the Regular Plan of the same scheme, since it excludes distributor commission. The Regular Plan carries not independently verified; investors should check the latest expense ratio on the AMC website or Univest Screener.<\/p>\n<p>Over longer holding periods, the compounding effect of this cost difference can be meaningful, which is why cost conscious investors often prefer the Direct Plan when they are comfortable transacting without distributor support.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Growth_Option_vs_IDCW_Option_in_Bank_Of_India_ELSS_Tax_Saver\"><\/span><strong>Growth Option vs IDCW Option in Bank Of India ELSS Tax Saver<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Growth option of Bank Of India ELSS Tax Saver reinvests any gains back into the scheme NAV, supporting long term wealth compounding for investors who do not need periodic payouts.<\/p>\n<p>The IDCW option of Bank Of India ELSS Tax Saver distributes available surplus to unit holders according to the chosen frequency, subject to the fund house declaring a distribution. Payouts under any IDCW option are not guaranteed and depend on distributable surplus.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Expense_Ratio_and_Exit_Load\"><\/span><strong>Expense Ratio and Exit Load<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The expense ratio for the Regular Plan of Bank Of India ELSS Tax Saver is not independently verified; investors should check the latest expense ratio on the AMC website or Univest Screener, while the Direct Plan carries lower than the Regular Plan of the same scheme, since it excludes distributor commission. This is the annual fee deducted from the scheme&#8217;s assets.<\/p>\n<p>The exit load on Bank Of India ELSS Tax Saver is Nil after the mandatory 3 year lock-in period; units cannot be redeemed before 3 years from allotment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Who_Should_Consider_Bank_Of_India_ELSS_Tax_Saver\"><\/span><strong>Who Should Consider Bank Of India ELSS Tax Saver<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Tax saving investors.<\/strong> Bank Of India ELSS Tax Saver is suitable for investors looking to save tax under Section 80C of the Income Tax Act while participating in potential equity market upside.<\/p>\n<p><strong>Long term investors.<\/strong> The mandatory 3 year lock-in period in the scheme encourages a long term investing discipline.<\/p>\n<p><strong>Equity oriented investors.<\/strong> Investors comfortable with Very High equity risk and willing to stay invested through market cycles may find the scheme appropriate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_in_the_scheme\"><\/span><strong>Key Risks in the scheme<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Lock-in risk.<\/strong> Units of the scheme cannot be redeemed for 3 years from allotment, so investors must be comfortable committing capital for this period.<\/p>\n<p><strong>Equity market risk.<\/strong> The equity portfolio of the scheme is fully exposed to stock market volatility during the lock-in period.<\/p>\n<p><strong>Concentration risk for closed-ended ELSS.<\/strong> Closed-ended ELSS schemes may have concentrated portfolios given their fixed investment universe at the time of launch.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Bank_Of_India_ELSS_Tax_Saver\"><\/span><strong>How to Invest in Bank Of India ELSS Tax Saver<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors evaluating Bank Of India ELSS Tax Saver should begin by deciding between the Direct and Regular Plan, and between the Growth option for long term compounding and the IDCW option for periodic payouts.<\/p>\n<p>Completing KYC through a SEBI registered intermediary or the AMC portal is mandatory before investing for the first time. Investors who have existing KYC registration can proceed directly.<\/p>\n<p>Investment in Bank Of India ELSS Tax Saver can be made as a lump sum or through a Systematic Investment Plan of at least Rs 500 lump sum for many ELSS schemes, with SIP amounts varying by AMC, followed by regular monitoring of NAV and portfolio composition at least quarterly.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for Live Mutual Fund and Stock Data<\/strong><\/a><\/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 Bank Of India ELSS Tax Saver NAV updates and get research backed investment ideas.<\/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>Bank Of India ELSS Tax Saver is a equity linked savings scheme scheme from Bank of India Mutual Fund available across 6 plan and option variants, giving investors flexibility in cost structure and payout approach. The representative NAV of Rs 194.56 for the Direct Plan Growth option as on 20-Jul-2026 reflects the scheme&#8217;s performance since launch. Investors should review the latest scheme information document and consult a SEBI registered advisor before investing.<\/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=\"Frequently_Asked_Questions_on_Bank_Of_India_ELSS_Tax_Saver\"><\/span><strong>Frequently Asked Questions on Bank Of India ELSS Tax Saver<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_plans_and_options_are_available_in_Bank_Of_India_ELSS_Tax_Saver\"><\/span><strong>What plans and options are available in Bank Of India ELSS Tax Saver?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bank Of India ELSS Tax Saver is available in Direct and ECO and Regular Plans and IDCW, Growth, giving investors 6 scheme codes to choose from depending on cost preference and payout requirements.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_latest_NAV_of_Bank_Of_India_ELSS_Tax_Saver\"><\/span><strong>What is the latest NAV of Bank Of India ELSS Tax Saver?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The latest NAV of the Direct Plan Growth option of Bank Of India ELSS Tax Saver is Rs 194.56 as on 20-Jul-2026. NAVs for all plan and option variants are updated at the end of every business day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_investment_objective_of_Bank_Of_India_ELSS_Tax_Saver\"><\/span><strong>What is the investment objective of Bank Of India ELSS Tax Saver?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The primary objective of Bank Of India ELSS Tax Saver is to generate long term capital appreciation through investment primarily in equity and equity related instruments, with a mandatory 3 year lock-in period under the ELSS provision of the Income Tax Act.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_difference_between_the_Direct_and_Regular_Plan_in_Bank_Of_India_ELSS_Tax_Saver\"><\/span><strong>What is the difference between the Direct and Regular Plan in Bank Of India ELSS Tax Saver?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Direct Plan of Bank Of India ELSS Tax Saver carries lower than the Regular Plan of the same scheme, since it excludes distributor commission, excluding distributor commission. The Regular Plan carries not independently verified; investors should check the latest expense ratio on the AMC website or Univest Screener. The lower cost of the Direct Plan can improve long term compounding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_expense_ratio_of_Bank_Of_India_ELSS_Tax_Saver\"><\/span><strong>What is the expense ratio of Bank Of India ELSS Tax Saver?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Regular Plan of Bank Of India ELSS Tax Saver carries an expense ratio of not independently verified; investors should check the latest expense ratio on the AMC website or Univest Screener, and the Direct Plan carries lower than the Regular Plan of the same scheme, since it excludes distributor commission. The exact current figure can be confirmed in the latest AMC factsheet.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_exit_load_on_Bank_Of_India_ELSS_Tax_Saver\"><\/span><strong>What is the exit load on Bank Of India ELSS Tax Saver?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The exit load on Bank Of India ELSS Tax Saver is Nil after the mandatory 3 year lock-in period; units cannot be redeemed before 3 years from allotment. Investors should confirm this in the current scheme information document before redeeming.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_should_invest_in_Bank_Of_India_ELSS_Tax_Saver\"><\/span><strong>Who should invest in Bank Of India ELSS Tax Saver?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bank Of India ELSS Tax Saver can suit investors whose financial goals, risk appetite and investment horizon align with the equity linked savings scheme category. Consult a SEBI registered advisor to assess personal suitability.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Bank_Of_India_ELSS_Tax_Saver_a_good_investment\"><\/span><strong>Is Bank Of India ELSS Tax Saver a good investment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bank Of India ELSS Tax Saver can be appropriate for investors who understand the equity linked savings scheme category mandate and are comfortable with the associated risk. Past performance does not guarantee future returns.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A comprehensive review of Bank Of India ELSS Tax Saver covering all plans and options, latest NAV, expense ratio, returns, exit load and investor suitability.<\/p>\n","protected":false},"author":35,"featured_media":181793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,842],"tags":[3802],"class_list":["post-181794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-news","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["181793"],"_edit_lock":["1785753156:29"],"_last_editor_used_jetpack":["block-editor"],"rank_math_seo_score":["78"],"rank_math_title":["Bank Of India ELSS Tax Saver Review: NAV, Plans and Returns"],"rank_math_description":["Bank Of India ELSS Tax 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