Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Hybrid
Direct
Aggressive Allocation
NAV as on 17-01-2025
₹ 40.22
Inception Returns
17.8%
/yr
About Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth is a hybrid fund. This fund was started on 20 July, 2016. The fund is managed by Alok Singh. This fund gives you the benefit of diversification.
Key Parameters
- Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has ₹1108 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given a CAGR return of 17.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.38%, 15.21% and 25.56% respectively.
Holdings
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Corporate, Financial Services, Tech, Basic Materials, Industrial, Consumer Cyclical, Health, Consumer Defensive, Communication, Energy, Utilities.
Taxation
As it is a aggressive 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 Mid & Small Cap Equity & Debt Fund Direct Growth
The scheme's objective is to provide capital appreciation and income distribution to investors from a portfolio constituting of mid and small cap equity and equity related securities as well as fixed income securities. 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 5000.00 and for SIP is INR 1000.00. Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has no lock in period.
Historical NAV & Returns
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Overview
| Expense ratio | 0.82% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
| AUM | ₹1108 Cr |
| Inception Date | 20 July, 2016 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 131.26% |
| 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 (17-Jan-25)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 1.1K Cr as of Dec'24
- AUM increased by 54 Cr between Dec'24 and Nov'24
Top 3 Sectors in December were Government, Corporate & Basic Materials
Mutual Fund Insights
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1108 Cr
Expense Ratio 0.82%
Frequently Asked Questions for Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.5% | -7.5% |
6 Month Returns | -3.36% | -3.36% |
1 Year Returns | 19.38% | 19.38% |
3 Years Returns | 52.93% | 15.21% |
5 Years Returns | 212.02% | 25.56% |
- 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 | 97.88 |
AA | 2.12 |