Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth

Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth

NAV as on 28-03-2025

₹ 37.8

-0.2%

1D

Inception Returns

16.5%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
1424 people have invested ₹ 1.1Cr in Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth in the last three months

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

  1. Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has ₹974 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. 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 16.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.94%, 17.54% and 29.30% respectively.

Holdings

Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent, Financial Services, Basic Materials, Tech, Consumer Cyclical, Industrial, Health, Consumer Defensive, 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains 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.

Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth Overview

Expense ratio0.77%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹974 Cr
Inception Date20 July, 2016
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
131.26%
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

Trailing Returns

as on (28-Mar-25)

Period
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Aggressive Allocation Index
1M
7.8%
5%
3M
-10.3%
-4.9%
6M
-10.7%
-9.4%
1Y
7.9%
7.3%
3Y
17.5%
13.2%
5Y
29.3%
21.3%

Fund Distribution

as on (28-Feb-25)

  • Equity 74.9%

  • Debt & Cash 25.1%

Mid cap
42.3%

Small cap
32.6%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
19.8%
Basic Materials
18.6%
Tech
14.6%
Consumer Cyclical
13.7%
Industrial
13.4%
Health
10.5%
Consumer Defensive
4.8%
Energy
2.9%
Utilities
1.6%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 974.2 Cr
₹ 1.1K Cr
₹ 1.1K Cr
  • AUM of the fund stands at 974.2 Cr as of Feb'25
  • AUM decreased by 77.7 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Small Industries Development Bank Of India's allocation increased from 0.18% to 1.62%
Small Industries Development Bank Of India's allocation increased from 0.18% to 1.62%
Coforge Ltd's allocation increased from 2.39% to 3.75%
Coforge Ltd's allocation increased from 2.39% to 3.75%
Zaggle Prepaid Ocean Services Ltd's allocation increased from 1.07% to 2.32%
Zaggle Prepaid Ocean Services Ltd's allocation increased from 1.07% to 2.32%
Top Stocks sold last month
Jindal Stainless Ltd's allocation decreased from 2.66 % to 2.59 %
Jindal Stainless Ltd's allocation decreased from 2.66 % to 2.59 %
UNO Minda Ltd's allocation decreased from 2 % to 1.9 %
UNO Minda Ltd's allocation decreased from 2 % to 1.9 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 1.82 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 1.82 %

Top 3 Sectors in February were Government, Corporate & Financial Services

Feb'25
Government
46%
Corporate
29%
Financial Services
20%
Jan'25
Government
36%
Corporate
23%
Financial Services
21%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
81
81
85
Top 5 Company Concentration
15%
14.8%
13.6%
Company having highest exposure
Coforge Ltd (4%)
Coforge Ltd (4%)
Coforge Ltd (3.8%)
No of Sectors
11
11
12
Top 5 Sectors Concentration
128.4%
112%
113.8%
Sector having highest exposure
Government (45.9%)
Government (36.4%)
Government (36.6%)
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Alok Singh
Alok Singh
Fund Manager of Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth, since 16 February 2017
Fund House
Bank of India Investment Managers Private Limited
Total AUM
₹11.5K Cr
as on 28-Feb-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 (aggressive allocation). Its expense ratio is 0.77% which is lower than the category average expense ratio of 1.25%.
Insights icon
Over the last 1 month, this fund has experienced a 7.4% drop in AUM moving from 1.05K Cr to 974.2 Cr.
Insights icon
In the last 3 years, JM Aggressive Hybrid Fund (Direct) - Growth Option has given 21.21% return, outperforming this fund by 3.68% per annum.
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In the last 5 years, Quant Absolute Fund Growth Option Direct Plan has given 30.07% return, outperforming this fund by 0.77% per annum.
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In the last 1 year, DSP Aggressive Hybrid Fund Direct Plan Growth has given 18.19% return, outperforming this fund by 10.25%.

Bank of India Mid & Small Cap Equity & Debt 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 16.54% since inception which is more than its category average return of 12.58%
Fund Allocations

Fund Allocations

This fund has an allocation of 74.88% in Equity, 16.46% in Debt and 8.67% in Cash related instruments
AUM size ₹974 Cr

AUM size ₹974 Cr

This fund has AUM of ₹974 Cr which is less than its category average of ₹ 6016 Cr
Expense Ratio 0.77%

Expense Ratio 0.77%

This fund has an expense ratio of 0.77% which is less than its category average expense ratio of 1.45%

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5Y CAGR

▲ 13.28

Bank of India Conservative Hybrid Fund Direct Growth

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5Y CAGR

▲ 12.98

Bank of India Arbitrage Fund Direct Growth

Bank of India Arbitrage Fund Direct Growth

5Y CAGR

▲ 5.06

Bank of India Multi Asset Allocation Fund Direct Growth

Bank of India Multi Asset Allocation Fund Direct Growth

1Y CAGR

▲ 7.31

Frequently Asked Questions for Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth

The current NAV of Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth is ₹37.8 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.85%
7.85%
6 Month Returns
-10.68%
-10.68%
1 Year Returns
7.94%
7.94%
3 Years Returns
62.37%
17.54%
5 Years Returns
261.38%
29.3%
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  • Select your bank account and proceed with Payment.
0.77% as on March 2025
₹974 Cr as on March 2025
Coforge Ltd(3.99%), Jindal Stainless Ltd(3.25%), Dixon Technologies (India) Ltd(3%), Housing & Urban Development Corp Ltd(2.54%), Castrol India Ltd(2.18%) as on March 2025
Financial Services(14.83%), Basic Materials(13.96%), Government(11.53%) as on March 2025
AAA
97.86
AA
2.14
Alok Singh is the fund manager of Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
The Exit load of Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth is 1%