Bank of India Conservative Hybrid Fund Direct Growth
Hybrid
Direct
Conservative Allocation
NAV as on 23-12-2024
₹ 35.49
1D
Inception Returns
8.8%
/yr
About Bank of India Conservative Hybrid Fund Direct Growth
Bank of India Conservative Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 14 January, 2013. The fund is managed by Alok Singh. This fund gives you the benefit of diversification.
Key Parameters
- Bank of India Conservative Hybrid Fund Direct Growth has ₹67 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.1.
Returns
Bank of India Conservative Hybrid Fund Direct Growth has given a CAGR return of 8.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.29%, 14.40% and 12.47% respectively.
Holdings
Bank of India Conservative Hybrid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Corporate, Financial Services, Tech, Utilities, Industrial, Consumer Defensive, Consumer Cyclical, Basic Materials, Communication.
Taxation
As it is a conservative allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Bank of India Conservative Hybrid Fund Direct Growth
The Scheme seeks to generate regular income through investments in fixed income securities and also to generate long term capital appreciation by investing a portion in equity and equity related instruments. However, there can be no assurance that the income can be generated, regular or otherwise, or the investment objectives of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 10000.00 and for SIP is INR 1000.00. Bank of India Conservative Hybrid Fund Direct Growth has no lock in period.
Historical NAV & Returns
Bank of India Conservative Hybrid Fund Direct Growth Overview
| Expense ratio | 1.1% |
Benchmark | CRISIL Hybrid 85+15 - ConservativeTR INR |
| AUM | ₹67 Cr |
| Inception Date | 14 January, 2013 |
| Min Lumpsum/SIP | ₹10000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 131.29% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderately High risk |
Trailing Returns
as on (23-Dec-24)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 66.1 Cr as of Nov'24
- AUM decreased by 0.4 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Government, Financial Services & Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Coforge Ltd | 2.04% | 0% | |
 NTPC Green Energy Ltd | 1.82% | 0% | |
 State Bank of India | 1.55% | 0% | |
 Infosys Ltd | 1.2% | 0% | |
 Power Grid Corp Of India Ltd | 1.15% | 0% |
Mutual Fund Insights
Bank of India Conservative Hybrid Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹67 Cr
Expense Ratio 1.1%
Frequently Asked Questions for Bank of India Conservative Hybrid Fund Direct Growth
Bank of India Conservative Hybrid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.79% | 0.79% |
6 Month Returns | 1.67% | 1.67% |
1 Year Returns | 9.29% | 9.29% |
3 Years Returns | 49.72% | 14.4% |
5 Years Returns | 79.98% | 12.47% |
- 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.
AAA | 100 |