Bank of India Manufacturing & Infra Fund Direct Growth
Equity
Direct
Equity - Infrastructure
NAV as on 21-02-2025
₹ 56.69
▲1.3%
1D
Inception Returns
17%
/yr
About Bank of India Manufacturing & Infra Fund Direct Growth
Bank of India Manufacturing & Infra Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Nitin Gosar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bank of India Manufacturing & Infra Fund Direct Growth has ₹524 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Bank of India Manufacturing & Infra Fund Direct Growth has given a CAGR return of 16.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.32%, 22.48% and 26.51% respectively.
Holdings
Bank of India Manufacturing & Infra Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Consumer Cyclical, Energy, Utilities, Health, Communication, Consumer Defensive, Tech, Real Estate, Government. Its top holdings are Larsen & Toubro Ltd, NTPC Ltd, Reliance Industries Ltd, Vedanta Ltd, Manorama Industries Ltd
Taxation
As it is a equity - infrastructure 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 Manufacturing & Infra Fund Direct Growth
The Scheme seeks to generate long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in manufacturing and infrastructure related sectors. Further, there can be no assurance that the investment objectives of the scheme will be realized. The Scheme is not providing any assured or guaranteed returns.
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 Manufacturing & Infra Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
▲
▼
658 people have invested ₹ 33.4L in Bank of India Manufacturing & Infra Fund Direct Growth in the last three months
INDmoney Rank for Bank of India Manufacturing & Infra Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Bank of India Manufacturing & Infra Fund Direct Growth Overview
| Expense ratio | 0.74% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹524 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 84.99% |
| 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 (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
Small cap
41.4%
Large cap
35.8%
Mid cap
15.3%
Sector Allocation
Industrial
30.4%
Basic Materials
23.8%
Consumer Cyclical
12.9%
Energy
7.5%
Utilities
6.1%
Health
5.4%
Communication
4.9%
Consumer Defensive
3.6%
Tech
2.9%
Real Estate
2.4%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 523.9 Cr as of Jan'25
- AUM decreased by 13.1 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 3.41% to 4.65%
Lloyds Metals & Energy Ltd's allocation increased from 1.49% to 2.29%
Oil India Ltd's allocation increased from 1.74% to 2.53%
Top Stocks sold last month
NTPC Ltd's allocation decreased from 4.8 % to 4.79 %
Eris Lifesciences Ltd Registered Shs's allocation decreased from 2.17 % to 1.99 %
Swan Energy Ltd's allocation decreased from 2.4 % to 1.88 %
Mid Cap allocation has gone down from 18.2% to 15.3%
Large Cap allocation has gone up from 30.9% to 35.8%
Small Cap allocation has gone up from 39.7% to 41.4%
Cash allocation has gone up from 4.5% to 4.9%
Debt allocation has gone up from 0% to 0%
Top 3 Sectors in January were Industrial, Basic Materials & Consumer Cyclical
Jan'25
Industrial
30%
Basic Materials
24%
Consumer Cyclical
13%
Dec'24
Industrial
30%
Basic Materials
23%
Consumer Cyclical
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Larsen & Toubro Ltd | 6.62% | 0% | |
 NTPC Ltd | 4.79% | 0% | |
 Reliance Industries Ltd | 4.65% | 27.5% | |
 Vedanta Ltd | 4.11% | 0% | |
 Manorama Industries Ltd | 2.77% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Ami Organics Ltd | 8.5% |
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Nitin Gosar
Fund Manager of Bank of India Manufacturing & Infra Fund Direct Growth, since 27 September 2022
Top funds managed
Fund House
Bank of India Investment Managers Private Limited
Total Schemes
Total AUM
₹11.83K Cr
as on 31-Jan-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
Mutual Fund Insights
In the last 3 years, ICICI Prudential Infrastructure Fund Direct Plan Growth has given 28.7% return, outperforming this fund by 6.22% per annum.
In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 32.21% return, outperforming this fund by 5.7% per annum.
This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 0.74% which is lower than the category average expense ratio of 1.5%.
Over the last 6 months, this fund has experienced a 13.2% growth in AUM moving from 462.6 Cr to 523.86 Cr.
In the last 1 year, LIC MF Infrastructure Fund Direct Plan Growth Option has given 12.84% return, outperforming this fund by 7.51%.
Bank of India Manufacturing & Infra 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 16.98% since inception which is more than its category average return of 13.64%
Fund Allocations
This fund has an allocation of 95.1% in Equity, 0.03% in Debt and 4.87% in Cash related instruments
AUM size ₹524 Cr
This fund has AUM of ₹524 Cr which is less than its category average of ₹ 2179 Cr
Expense Ratio 0.74%
This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.57%
Frequently Asked Questions for Bank of India Manufacturing & Infra Fund Direct Growth
The current NAV of Bank of India Manufacturing & Infra Fund Direct Growth is ₹56.69 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
Bank of India Manufacturing & Infra Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -9.41% | -9.41% |
6 Month Returns | -15.7% | -15.7% |
1 Year Returns | 5.32% | 5.32% |
3 Years Returns | 83.73% | 22.48% |
5 Years Returns | 224.1% | 26.51% |
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0.74% as on January 2025
₹524 Cr as on January 2025
Larsen & Toubro Ltd(6.62%), NTPC Ltd(4.79%), Reliance Industries Ltd(4.65%), Vedanta Ltd(4.11%), Manorama Industries Ltd(2.77%) as on January 2025
Industrial(28.86%), Basic Materials(22.64%), Consumer Cyclical(12.31%) as on January 2025
The alpha ratio for the Bank of India Manufacturing & Infra Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bank of India Manufacturing & Infra Fund Direct Growth | 5.24 | 7.81 | 9.76 |
As on January 2025
The alpha for Bank of India Manufacturing & Infra Fund 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 Manufacturing & Infra Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bank of India Manufacturing & Infra Fund Direct Growth | 1.14 | 1.03 | 0.9 |
As on January 2025
The Beta for Bank of India Manufacturing & Infra Fund 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 Manufacturing & Infra 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 Manufacturing & Infra Fund Direct Growth | 0.6 | 1.05 | 1.18 |
As on January 2025
The sharpe ratio for Bank of India Manufacturing & Infra Fund 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 Manufacturing & Infra 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 Manufacturing & Infra Fund Direct Growth | 14.9 | 15.43 | 18.64 |
As on January 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 1.9 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.57 as on January 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Nitin Gosar is the fund manager of Bank of India Manufacturing & Infra Fund Direct Growth
The Exit load of Bank of India Manufacturing & Infra Fund Direct Growth is 1%