Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth
Equity
Direct
Flexi Cap
NAV as on 18-12-2024
₹ 33.84
1D
Inception Returns
36.1%
/yr
About Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth
Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth is an equity fund. This fund was started on 29 June, 2020. The fund is managed by Alok Singh. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth has ₹2048 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth has given a CAGR return of 36.10% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 37.57% and 25.96% respectively.
Holdings
Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Industrial, Tech, Consumer Cyclical, Corporate, Energy, Consumer Defensive, Health, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, State Bank of India, Vedanta Ltd, Coforge Ltd, Swan Energy Ltd
Taxation
As it is a flexi cap mutual fund the taxation is as follows: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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth
The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity-related securities across various market capitalisation. However, there can be no assurance that the investment objectives 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 Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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4 people have invested ₹ 43K in Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth in the last three months
INDmoney Rank for Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
No bad points found for this fund.
Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth Overview
| Expense ratio | 0.47% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹2048 Cr |
| Inception Date | 29 June, 2020 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 109.59% |
| 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 (18-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
43.5%
Small cap
30.1%
Mid cap
16.8%
Sector Allocation
Financial Services
29.3%
Basic Materials
15%
Industrial
13.8%
Tech
13.5%
Consumer Cyclical
9.5%
Energy
4.9%
Consumer Defensive
3.7%
Health
3%
Utilities
2.9%
Communication
2.4%
Real Estate
1.9%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.71% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 1.31% in Nov'24
- AUM of the fund stands at 2K Cr as of Nov'24
- AUM increased by 118.6 Cr between Nov'24 and Oct'24
Top Stocks bought last month
State Bank of India's allocation increased from 3.5% to 4.46%
Swan Energy Ltd's allocation increased from 1.5% to 2.15%
Lloyds Metals & Energy Ltd's allocation increased from 0.89% to 1.52%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 5.85 % to 5.7 %
Kotak Mahindra Bank Ltd's allocation decreased from 2.05 % to 1.97 %
Hindustan Aeronautics Ltd Ordinary Shares's allocation decreased from 1.91 % to 1.9 %
Mid Cap allocation has gone down from 17% to 16.8%
Large Cap allocation has gone up from 42.9% to 43.5%
Small Cap allocation has gone down from 31% to 30.1%
Cash allocation has gone down from 8.2% to 6.9%
Top 3 Sectors in November were Financial Services, Basic Materials & Industrial
Nov'24
Financial Services
29%
Basic Materials
15%
Industrial
14%
Oct'24
Financial Services
29%
Basic Materials
16%
Industrial
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.7% | 0% | |
 State Bank of India | 4.46% | 32.3% | |
 Vedanta Ltd | 4.03% | 17.8% | |
 Coforge Ltd | 2.29% | 12.5% | |
 Swan Energy Ltd | 2.15% | 24.1% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Swan Energy Ltd | 42.6% |
 Cartrade Tech Ltd | 29.9% |
 Coforge Ltd | 17.4% |
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Alok Singh
Fund Manager of Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth, since 29 June 2020
Top funds managed
Fund House
Bank of India Investment Managers Private Limited
Total Schemes
Total AUM
₹11.16K Cr
as on 29-Nov-2024
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 Flexi Cap Fund Payout of Income Dist cum Cap Wdrl 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 36.1% since inception which is more than its category average return of 20.09%
Fund Allocations
This fund has an allocation of 93.1% in Equity, 0% in Debt and 6.9% in Cash related instruments
AUM size ₹2048 Cr
This fund has AUM of ₹2048 Cr which is less than its category average of ₹ 8877 Cr
Expense Ratio 0.47%
This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 1.33%
Frequently Asked Questions for Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth
The current NAV of Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth is ₹33.84 as on 18-Dec-2024.
Existing (Absolute + CAGR) as on 18-Dec-2024.
Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.91% | 8.91% |
6 Month Returns | 7.03% | 7.03% |
1 Year Returns | 37.57% | 37.57% |
3 Years Returns | 99.82% | 25.96% |
5 Years Returns | 0% | 0% |
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0.47% as on November 2024
₹2048 Cr as on November 2024
HDFC Bank Ltd(5.7%), State Bank of India(4.46%), Vedanta Ltd(4.03%), Coforge Ltd(2.29%), Swan Energy Ltd(2.15%) as on November 2024
Financial Services(27.25%), Basic Materials(13.94%), Industrial(12.88%) as on November 2024
The alpha ratio for the Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth | - | - | - |
As on November 2024
The alpha for Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth is calculated against S&P BSE 500 India 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 Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth | - | - | - |
As on November 2024
The Beta for Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth is calculated with S&P BSE 500 India 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 Flexi Cap Fund Payout of Income Dist cum Cap Wdrl 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 Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth | 2.5 | 1.17 | - |
As on November 2024
The sharpe ratio for Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth is calculated with S&P BSE 500 India 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 Flexi Cap Fund Payout of Income Dist cum Cap Wdrl 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 Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth | 11.45 | 15.1 | - |
As on November 2024
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 2.31 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Alok Singh is the fund manager of Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth
The Exit load of Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl Direct Growth is 1%