Historical NAV & Returns
Absolute
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122 people have invested ₹ 4.6L in Bank of India Bluechip Fund Direct Growth in the last three months
About Bank of India Bluechip Fund Direct Growth
Bank of India Bluechip Fund Direct Growth is an equity fund. This fund was started on 29 June, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Bank of India Bluechip Fund Direct Growth has ₹184 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Bank of India Bluechip Fund Direct Growth has given a CAGR return of 11.09% since inception. Over the last 1 and 3 years the fund has given a CAGR return of -6.70% and 11.20% respectively.
Holdings
Bank of India Bluechip Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Utilities, Tech, Consumer Cyclical, Health, Energy, Consumer Defensive, Government, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, State Bank of India, ICICI Bank Ltd, Reliance Industries Ltd, Shriram Finance Ltd
Taxation
As it is a large-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Bank of India Bluechip Fund Direct Growth
The investment objective of the scheme is to provide investors with the opportunities of long term capital appreciation by investing predominantly in equity and equity-related instruments of large cap companies. However, there can be no assurance that the income can be generated, regular or otherwise, or the Investment Objective of the scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Bank of India Bluechip Fund Direct Growth has no lock in period.
Bank of India Bluechip Fund Direct Growth Overview
| Expense ratio | 0.9% |
Benchmark | Nifty 100 TR INR |
| AUM | ₹184 Cr |
| Inception Date | 29 June, 2021 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 60.35% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (15-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
82.6%
Small cap
8.7%
Mid cap
6.8%
Sector Allocation
Financial Services
30.2%
Industrial
13.4%
Basic Materials
12.1%
Utilities
11.2%
Tech
9.9%
Consumer Cyclical
9.6%
Health
5.3%
Energy
4.7%
Consumer Defensive
2.6%
Communication
0.5%
Real Estate
0.5%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 9.06% whereas the fund’s underlying benchmark Nifty 100 returns stands at 6.85% as on Mar'25
- This fund outperformed Nifty 100 by 2.20% in Mar'25
- AUM of the fund stands at 184.1 Cr as of Mar'25
- AUM increased by 15.5 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Dr Reddy's Laboratories Ltd's allocation increased from 1.02% to 2.8%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 1.32% to 2.95%
Coforge Ltd's allocation increased from 2.82% to 3.47%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.5 % to 8.66 %
Reliance Industries Ltd's allocation decreased from 3.91 % to 3.81 %
Shriram Finance Ltd's allocation decreased from 3.81 % to 3.71 %
Mid Cap allocation has gone down from 7.6% to 6.8%
Large Cap allocation has gone up from 80.2% to 82.6%
Small Cap allocation has gone up from 8.4% to 8.7%
Cash allocation has gone down from 3.7% to 1.9%
Debt allocation has gone down from 0% to 0%
Top 3 Sectors in March were Financial Services, Industrial & Tech
Mar'25
Financial Services
30%
Industrial
13%
Basic Materials
12%
Feb'25
Financial Services
31%
Industrial
12%
Tech
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.66% | -5.7% | |
 State Bank of India | 5.13% | 0% | |
 ICICI Bank Ltd | 4.85% | 0% | |
 Reliance Industries Ltd | 3.81% | 0% | |
 Shriram Finance Ltd | 3.71% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Bank of India Bluechip Fund Direct Growth | -6.7% | 11.2% | - | 11.09% |
 DSP Top 100 Equity Fund Direct Plan Growth | 9.99% | 16.53% | 22.45% | 12.51% |
 Mirae Asset Large Cap Fund Direct Plan Growth | 3.8% | 9.93% | 20.96% | 15.83% |
 SBI Bluechip Fund Direct Growth | 3.41% | 11.7% | 22.38% | 14.96% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Hindustan Aeronautics Ltd | 19.4% |
 HDFC Bank Ltd | 5.6% |
 ICICI Bank Ltd | 3.4% |
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Fund House
Bank of India Investment Managers Private Limited
Total Schemes
Total AUM
₹10.84K Cr
as on 31-Mar-2025
Address
Bank of India Investment Managers Private Limited,B/204, Tower 1, Peninsula Corporate Park,,Ganpatrao Kadam Marg,,Lower Parel, Mumba
Phone
+912240479000
Website
service@boimf.in
Bank of India Bluechip Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 11.09% since inception which is less than its category average return of 12.45%
Fund Allocations
This fund has an allocation of 98.06% in Equity, 0.03% in Debt and 1.91% in Cash related instruments
AUM size ₹184 Cr
This fund has AUM of ₹184 Cr which is less than its category average of ₹ 9868 Cr
Expense Ratio 0.9%
This fund has an expense ratio of 0.9% which is less than its category average expense ratio of 1.25%
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5Y CAGR
▲ 32.23
5Y CAGR
▲ 36.34
3Y CAGR
▲ 16.26
5Y CAGR
▲ 25.50
Frequently Asked Questions for Bank of India Bluechip Fund Direct Growth
The current NAV of Bank of India Bluechip Fund Direct Growth is ₹15.3 as on 15-Apr-2025.
Existing (Absolute + CAGR) as on 15-Apr-2025.
Bank of India Bluechip Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.71% | 1.71% |
6 Month Returns | -13.63% | -13.63% |
1 Year Returns | -6.7% | -6.7% |
3 Years Returns | 37.49% | 11.2% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.9% as on March 2025
₹184 Cr as on March 2025
HDFC Bank Ltd(8.66%), State Bank of India(5.13%), ICICI Bank Ltd(4.85%), Reliance Industries Ltd(3.81%), Shriram Finance Ltd(3.71%) as on March 2025
Financial Services(29.57%), Industrial(13.18%), Basic Materials(11.84%) as on March 2025
The alpha ratio for the Bank of India Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bank of India Bluechip Fund Direct Growth | -6.53 | 0.58 | - |
As on March 2025
The alpha for Bank of India Bluechip Fund Direct Growth is calculated against Nifty 100 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Bank of India Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bank of India Bluechip Fund Direct Growth | 1.12 | 1.06 | - |
As on March 2025
The Beta for Bank of India Bluechip Fund Direct Growth is calculated with Nifty 100 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Bank of India Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bank of India Bluechip Fund Direct Growth | -0.35 | 0.44 | - |
As on March 2025
The sharpe ratio for Bank of India Bluechip Fund Direct Growth is calculated with Nifty 100 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Bank of India Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bank of India Bluechip Fund Direct Growth | 17.77 | 15.84 | - |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.71 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.17 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Bank of India Bluechip Fund Direct Growth is 1%