BANK OF INDIA MID CAP TAX FUND Series 2 vs SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV
BANK OF INDIA MID CAP TAX FUND Series 2 and SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV are both ELSS (Tax Saving) funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +14.00% vs +6.69%, 5-year CAGR +10.87% vs +11.44%, volatility 18.24% vs 19.22%, maximum drawdown −34.24% vs −61.28%.
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| BANK OF INDIA MID CAP TAX FUND Series 2 | SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV | |
|---|---|---|
| Fund house | Bank of India Mutual Fund | Sundaram Mutual Fund |
| Compared as | ELSS (Tax Saving) | ELSS (Tax Saving) |
| NAV | ₹36.0800 | ₹28.1544 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 26 Oct 2018 | 27 Mar 2017 |
| Track record | 8.0 yrs | 9.6 yrs |
| Fund size (AUM) | ₹32 Cr | — |
| Securities held | 55 | — |
| Portfolio as of | 30 Sep 2026 | Not disclosed yet |
| Fund page | Full record → | Full record → |
Returns
| BANK OF INDIA MID CAP TAX FUND Series 2 | SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV | |
|---|---|---|
| 1 month | +0.89% | −4.75% |
| 3 months | +0.17% | −9.72% |
| 6 months | +3.71% | −5.80% |
| 1 year | +4.61% | −1.49% |
| 3 years (CAGR) | +14.00% | +6.69% |
| 5 years (CAGR) | +10.87% | +11.44% |
| 7 years (CAGR) | +17.96% | +19.62% |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +17.41% | +11.35% |
| SIP return (XIRR, 5 years) ⓘ | +12.31% | +9.39% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| BANK OF INDIA MID CAP TAX FUND Series 2 | SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV | |
|---|---|---|
| 2026 (year to date) | +6.24% | −0.18% |
| 2025 | +2.35% | +1.55% |
| 2024 | +18.84% | +13.34% |
| 2023 | +34.10% | +42.59% |
| 2022 | −5.49% | +4.34% |
| 2021 | +46.77% | +74.42% |
Risk
| BANK OF INDIA MID CAP TAX FUND Series 2 | SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV | |
|---|---|---|
| Volatility (annualised) ⓘ | 18.24% | 19.22% |
| Downside volatility ⓘ | 12.05% | 12.58% |
| Sharpe ratio ⓘ | 0.41 | 0.01 |
| Sortino ratio ⓘ | 0.62 | 0.02 |
| Maximum drawdown ⓘ | −34.24% | −61.28% |
| Recovery from that fall | 6 months | 15 months |
| Current fall from peak | −2.49% | −10.19% |
| Rolling 1-year return: worst | −20.51% | −44.27% |
| Rolling 1-year return: median | +13.87% | +8.18% |
| Rolling 1-year return: best | +93.73% | +126.09% |
| Share of 1-year periods with a loss | 23.29% | 31.01% |
Against each fund's benchmark
| BANK OF INDIA MID CAP TAX FUND Series 2 | SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV | |
|---|---|---|
| Beta ⓘ | 1.12 | 1.04 |
| Alpha (Jensen's, annualised) ⓘ | +2.44% | −2.84% |
| R² ⓘ | 87.02 | 69.03 |
| Upside capture | 120.90% | 95.90% |
| Downside capture | 116.33% | 110.47% |
| Tracking error | 7.03% | 10.96% |
| Information ratio | 0.39 | -0.32 |
| Treynor ratio | 5.73 | 0.13 |
Portfolio
SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV has no usable portfolio disclosure on file yet, so portfolio comparisons are shown only where available.
Asset mix
| BANK OF INDIA MID CAP TAX FUND Series 2 | SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV | |
|---|---|---|
| Equity | 97.36% | — |
| Cash & equivalents | 2.49% | — |
| Debt | 0.15% | — |
Market-cap split (share of fund assets)
| BANK OF INDIA MID CAP TAX FUND Series 2 | SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV | |
|---|---|---|
| Large Cap | 8.74% | — |
| Mid Cap | 67.76% | — |
| Small Cap | 20.09% | — |
| Unclassified | 0.77% | — |
Concentration
| BANK OF INDIA MID CAP TAX FUND Series 2 | SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV | |
|---|---|---|
| Top 10 holdings | 34.88% | — |
| Effective number of stocks ⓘ | 42.7 | — |
| Securities held | 55 | — |
Top 10 holdings
BANK OF INDIA MID CAP TAX FUND Series 2
- UNO Minda Limited4.59%
- Bank of Maharashtra4.33%
- Coforge Limited4.09%
- Aurobindo Pharma Limited3.72%
- HDFC Bank Limited3.25%
- Quality Power Electrical Eqp Ltd3.20%
- The Federal Bank Limited3.16%
- Steel Authority of India Limited2.99%
- Sterlite Technologies Limited2.79%
- Sigma Advanced Systems Limited2.76%
SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV
Not disclosed yet.
Sector exposure
| BANK OF INDIA MID CAP TAX FUND Series 2 | SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV | |
|---|---|---|
| Pharmaceuticals & Biotechnology | 13.02% | — |
| Banks | 11.34% | — |
| Auto Components | 9.55% | — |
| Electrical Equipment | 5.11% | — |
| Retailing | 5.10% | — |
| Industrial Products | 4.71% | — |
| Aerospace & Defense | 4.25% | — |
| IT - Software | 4.09% | — |
| Ferrous Metals | 4.08% | — |
| Insurance | 3.82% | — |
| Capital Markets | 3.75% | — |
| Finance | 3.41% | — |
| Telecom - Equipment & Accessories | 2.79% | — |
| Financial Technology (Fintech) | 2.71% | — |
Questions people ask
What is the difference between BANK OF INDIA MID CAP TAX FUND Series 2 and SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +4.61% vs −1.49%; 3-year CAGR +14.00% vs +6.69%; 5-year CAGR +10.87% vs +11.44%; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do BANK OF INDIA MID CAP TAX FUND Series 2 and SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV compare on risk?
Volatility (36 monthly returns, annualised) 18.24% vs 19.22%; Sharpe ratio 0.41 vs 0.01; Sortino ratio 0.62 vs 0.02; maximum drawdown −34.24% vs −61.28%; beta 1.12 vs 1.04.
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.