Historical NAV & Returns
Absolute
▲
▼
168 people have invested ₹ 4.9L in Bank of India Multi Cap Fund Direct Growth in the last three months
About Bank of India Multi Cap Fund Direct Growth
Bank of India Multi Cap Fund Direct Growth is an equity fund. This fund was started on 3 March, 2023. The fund is managed by Nitin Gosar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bank of India Multi Cap Fund Direct Growth has ₹778 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.
Returns
Bank of India Multi Cap Fund Direct Growth has given a CAGR return of 27.41% since inception. Over the last 1 year the fund has given a CAGR return of 4.60%.
Holdings
Bank of India Multi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Health, Tech, Industrial, Energy, Communication, Consumer Defensive, Real Estate, Utilities, Government. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, Kotak Mahindra Bank Ltd, Vedanta Ltd, Lloyds Metals & Energy Ltd
Taxation
As it is a multi-cap 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 Multi Cap Fund Direct Growth
The objective of the scheme is to generate long term capital appreciation by investing in equity and equity-related securities across market capitalizations. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
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 Multi Cap Fund Direct Growth has no lock in period.
Bank of India Multi Cap Fund Direct Growth Overview
| Expense ratio | 1.01% |
Benchmark | Nifty 500 Multicap 50:25:25 TR INR |
| AUM | ₹778 Cr |
| Inception Date | 3 March, 2023 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 120.02% |
| 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 (25-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
40%
Mid cap
27.5%
Small cap
26.7%
Sector Allocation
Financial Services
27.3%
Basic Materials
18.4%
Consumer Cyclical
11.9%
Health
11.3%
Tech
6.1%
Industrial
6%
Energy
5.9%
Communication
4.8%
Consumer Defensive
3.8%
Real Estate
2.5%
Utilities
2.1%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 8.89% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 1.64% in Mar'25
- AUM of the fund stands at 778 Cr as of Mar'25
- AUM increased by 82.8 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Lloyds Metals & Energy Ltd's allocation increased from 1.87% to 2.87%
Shriram Finance Ltd's allocation increased from 1.37% to 1.98%
Oberoi Realty Ltd's allocation increased from 1.45% to 1.87%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 6.09 % to 5.74 %
Reliance Industries Ltd's allocation decreased from 3.91 % to 3.71 %
ICICI Lombard General Insurance Co Ltd's allocation decreased from 3 % to 2.84 %
Small Cap allocation has gone down from 27.9% to 26.7%
Mid Cap allocation has gone up from 25.9% to 27.5%
Large Cap allocation has gone down from 40.6% to 40%
Cash allocation has gone up from 5.6% to 5.8%
Debt allocation has gone down from 0% to 0%
Top 3 Sectors in March were Financial Services, Basic Materials & Consumer Cyclical
Mar'25
Financial Services
27%
Basic Materials
18%
Consumer Cyclical
12%
Feb'25
Financial Services
27%
Basic Materials
17%
Consumer Cyclical
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.74% | 0% | |
 Reliance Industries Ltd | 3.71% | 0% | |
 Kotak Mahindra Bank Ltd | 3.05% | 0% | |
 Vedanta Ltd | 2.94% | 0% | |
 Lloyds Metals & Energy Ltd | 2.87% | 36.4% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Bank of India Multi Cap Fund Direct Growth | 4.6% | - | - | 27.41% |
 Invesco India Multicap Fund Direct Plan Growth Option | 13.39% | 19.37% | 27.42% | 18.79% |
 ICICI Prudential Multicap Fund Direct Plan Growth | 11.57% | 21.25% | 28.83% | 17.03% |
 Nippon India Multi Cap Fund - Direct Plan - Growth | 10.27% | 23.9% | 33.36% | 16.95% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Manorama Industries Ltd | 14.5% |
 ERIS Lifesciences Ltd | 11.7% |
 Lloyds Metals & Energy Ltd | 1.1% |
Loading...
We are taking more time than usual
Nitin Gosar
Fund Manager of Bank of India Multi Cap Fund Direct Growth, since 3 March 2023
Top funds managed
Fund House
Bank of India Investment Managers Private Limited
Total Schemes
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
Bank of India Multi Cap 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 27.41% since inception which is more than its category average return of 14.29%
Fund Allocations
This fund has an allocation of 94.22% in Equity, 0.01% in Debt and 5.76% in Cash related instruments
AUM size ₹778 Cr
This fund has AUM of ₹778 Cr which is less than its category average of ₹ 6034 Cr
Expense Ratio 1.01%
This fund has an expense ratio of 1.01% which is less than its category average expense ratio of 1.24%
More funds from BOI AXA
5Y CAGR
▲ 32.86
5Y CAGR
▲ 36.98
3Y CAGR
▲ 19.90
5Y CAGR
▲ 26.60
Frequently Asked Questions for Bank of India Multi Cap Fund Direct Growth
The current NAV of Bank of India Multi Cap Fund Direct Growth is ₹16.82 as on 25-Apr-2025.
Existing (Absolute + CAGR) as on 25-Apr-2025.
Bank of India Multi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.33% | 1.33% |
6 Month Returns | -3% | -3% |
1 Year Returns | 4.6% | 4.6% |
3 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
1.01% as on March 2025
₹778 Cr as on March 2025
HDFC Bank Ltd(5.74%), Reliance Industries Ltd(3.71%), Kotak Mahindra Bank Ltd(3.05%), Vedanta Ltd(2.94%), Lloyds Metals & Energy Ltd(2.87%) as on March 2025
Financial Services(25.7%), Basic Materials(17.31%), Consumer Cyclical(11.22%) as on March 2025
The alpha ratio for the Bank of India Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bank of India Multi Cap Fund Direct Growth | 1.7 | - | - |
As on March 2025
The alpha for Bank of India Multi Cap Fund Direct Growth is calculated against Nifty 500 Multicap 50:25:25 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 Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bank of India Multi Cap Fund Direct Growth | 1.06 | - | - |
As on March 2025
The Beta for Bank of India Multi Cap Fund Direct Growth is calculated with Nifty 500 Multicap 50:25:25 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 Multi Cap 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 Multi Cap Fund Direct Growth | 0.17 | - | - |
As on March 2025
The sharpe ratio for Bank of India Multi Cap Fund Direct Growth is calculated with Nifty 500 Multicap 50:25:25 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 Multi Cap 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 Multi Cap Fund Direct Growth | 19.71 | - | - |
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.
Nitin Gosar is the fund manager of Bank of India Multi Cap Fund Direct Growth
The Exit load of Bank of India Multi Cap Fund Direct Growth is 1%