Bank of India Manufacturing & Infra Fund Direct Growth

Bank of India Manufacturing & Infra Fund Direct Growth

NAV as on 23-04-2025

₹ 60.42

0.8%

1D

Inception Returns

17.3%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
594 people have invested ₹ 31.8L in Bank of India Manufacturing & Infra Fund Direct Growth in the last three months

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

  1. Bank of India Manufacturing & Infra Fund Direct Growth has ₹514 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

Bank of India Manufacturing & Infra Fund Direct Growth has given a CAGR return of 17.28% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.95%, 22.82% and 33.16% 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, Real Estate, Tech, Government. Its top holdings are Larsen & Toubro Ltd, NTPC Ltd, Reliance Industries Ltd, Vedanta Ltd, Lloyds Metals & Energy 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 benefit
Dividends 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.

Bank of India Manufacturing & Infra Fund Direct Growth Overview

Expense ratio0.75%
Benchmark
null
AUM₹514 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
84.99%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

INDmoney Rank for Bank of India Manufacturing & Infra Fund Direct Growth

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Trailing Returns

as on (23-Apr-25)

Period
Bank of India Manufacturing & Infra Fund Direct Growth
Nifty 500
equity - infrastructure
1M
2.4%
4.5%
3.8%
3M
-1.3%
3.2%
0.6%
6M
-7%
-2.6%
-6.9%
1Y
5%
7.7%
3.2%
3Y
22.8%
14.3%
23.3%
5Y
33.2%
23.9%
32.9%

Fund Distribution

as on (31-Mar-25)

  • Equity 97%

  • Debt & Cash 3%

Large cap
38.7%

Small cap
37.8%

Mid cap
17%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Industrial
27.6%
Basic Materials
25%
Consumer Cyclical
12.7%
Energy
7.4%
Utilities
7.3%
Health
6.1%
Communication
5%
Consumer Defensive
3.6%
Real Estate
3.1%
Tech
2.3%
All changes are between Jan'25 and Mar'25
Mar'25
Feb'25
Jan'25
Fund Returns
10.19%
-12.70%
-4.70%
Nifty 500
7.25%
-7.88%
-4.01%
  • This fund’s returns stands at 10.19% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
  • This fund outperformed Nifty 500 by 2.94% in Mar'25
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 513.9 Cr
₹ 463 Cr
₹ 523.9 Cr
  • AUM of the fund stands at 513.9 Cr as of Mar'25
  • AUM increased by 51 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Lloyds Metals & Energy Ltd's allocation increased from 2.63% to 3.66%
Lloyds Metals & Energy Ltd's allocation increased from 2.63% to 3.66%
NTPC Ltd's allocation increased from 5.71% to 6.16%
NTPC Ltd's allocation increased from 5.71% to 6.16%
Oberoi Realty Ltd's allocation increased from 1.44% to 1.87%
Oberoi Realty Ltd's allocation increased from 1.44% to 1.87%
Top Stocks sold last month
Larsen & Toubro Ltd's allocation decreased from 6.64 % to 6.6 %
Larsen & Toubro Ltd's allocation decreased from 6.64 % to 6.6 %
Reliance Industries Ltd's allocation decreased from 4.99 % to 4.77 %
Reliance Industries Ltd's allocation decreased from 4.99 % to 4.77 %
Hero MotoCorp Ltd's allocation decreased from 3.43 % to 3.12 %
Hero MotoCorp Ltd's allocation decreased from 3.43 % to 3.12 %
Mid Cap allocation has gone up from 15.7% to 17%
Mid Cap allocation has gone up from 15.7% to 17%
Large Cap allocation has gone up from 38.4% to 38.7%
Large Cap allocation has gone up from 38.4% to 38.7%
Small Cap allocation has gone down from 38.4% to 37.8%
Small Cap allocation has gone down from 38.4% to 37.8%
Debt allocation has gone down from 0% to 0%
Debt allocation has gone down from 0% to 0%
Cash allocation has gone down from 4.3% to 3%
Cash allocation has gone down from 4.3% to 3%

Top 3 Sectors in March were Industrial, Basic Materials & Consumer Cyclical

Mar'25
Industrial
28%
Basic Materials
25%
Consumer Cyclical
13%
Feb'25
Industrial
27%
Basic Materials
25%
Consumer Cyclical
13%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Larsen & Toubro Ltd
Larsen & Toubro Ltd
6.6%
0%
NTPC Ltd
NTPC Ltd
6.16%
4.2%
Reliance Industries Ltd
Reliance Industries Ltd
4.77%
0%
Vedanta Ltd
Vedanta Ltd
4.53%
0%
Lloyds Metals & Energy Ltd
Lloyds Metals & Energy Ltd
3.66%
22.2%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Bank of India Manufacturing & Infra Fund Direct Growth
Bank of India Manufacturing & Infra Fund Direct Growth
4.95%
22.82%
33.16%
17.28%
Canara Robeco Infrastructure Direct Plan Growth
Canara Robeco Infrastructure Direct Plan Growth
14.24%
27.13%
34.9%
17.59%
ICICI Prudential Infrastructure Fund Direct Plan Growth
ICICI Prudential Infrastructure Fund Direct Plan Growth
7.87%
28.97%
39.78%
17.24%
UTI Infrastructure Fund-Growth Option- Direct
UTI Infrastructure Fund-Growth Option- Direct
5.55%
21.41%
27.99%
13.45%
  • Gainers

  • Losers

Top Growth Drivers
1M Return
Lloyds Metals & Energy Ltd
Lloyds Metals & Energy Ltd
1.1%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
65
65
66
Top 5 Company Concentration
25.7%
25.1%
22.9%
Company having highest exposure
Larsen & Toubro Ltd (6.6%)
Larsen & Toubro Ltd (6.6%)
Larsen & Toubro Ltd (6.6%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
80%
79.6%
80.8%
Sector having highest exposure
Industrial (27.6%)
Industrial (27%)
Industrial (30.4%)
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Nitin Gosar
Nitin Gosar
Fund Manager of Bank of India Manufacturing & Infra Fund Direct Growth, since 27 September 2022
Fund House
Bank of India Investment Managers Private Limited
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

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 0.75% which is lower than the category average expense ratio of 1.52%.
Insights icon
Over the last 1 month, this fund has experienced a 11.0% growth in AUM moving from 462.95 Cr to 513.93 Cr.
Insights icon
In the last 3 years, HDFC Infrastructure Fund -Direct Plan - Growth Option has given 29.6% return, outperforming this fund by 6.77% per annum.
Insights icon
In the last 1 year, Canara Robeco Infrastructure Direct Plan Growth has given 14.24% return, outperforming this fund by 9.29%.
Insights icon
In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 43% return, outperforming this fund by 9.84% per annum.

Bank of India Manufacturing & Infra Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.28% since inception which is more than its category average return of 14.15%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.02% in Equity, 0.03% in Debt and 2.95% in Cash related instruments
AUM size ₹514 Cr

AUM size ₹514 Cr

This fund has AUM of ₹514 Cr which is less than its category average of ₹ 1999 Cr
Expense Ratio 0.75%

Expense Ratio 0.75%

This fund has an expense ratio of 0.75% which is less than its category average expense ratio of 1.55%
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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 ₹60.42 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
Bank of India Manufacturing & Infra Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.41%
2.41%
6 Month Returns
-7.02%
-7.02%
1 Year Returns
4.95%
4.95%
3 Years Returns
85.28%
22.82%
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0.75% as on March 2025
₹514 Cr as on March 2025
Larsen & Toubro Ltd(6.6%), NTPC Ltd(6.16%), Reliance Industries Ltd(4.77%), Vedanta Ltd(4.53%), Lloyds Metals & Energy Ltd(3.66%) as on March 2025
Industrial(26.76%), Basic Materials(24.27%), Consumer Cyclical(12.35%) as on March 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
1.97
7.32
7.32
As on March 2025
The alpha for Bank of India Manufacturing & Infra Fund Direct Growth is calculated against null. 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
1.32
1.1
0.98
As on March 2025
The Beta for Bank of India Manufacturing & Infra Fund Direct Growth is calculated with null. 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
0.11
0.9
1.54
As on March 2025
The sharpe ratio for Bank of India Manufacturing & Infra Fund Direct Growth is calculated with null. 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
22.74
17.58
17.03
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 1.47 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.36 as on March 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%