Bank of India Multi Cap Fund Direct Growth

Bank of India Multi Cap Fund Direct Growth

NAV as on 28-03-2025

₹ 16.54

-0.4%

1D

Inception Returns

27.5%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
182 people have invested ₹ 5.8L 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

  1. Bank of India Multi Cap Fund Direct Growth has ₹695 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

Bank of India Multi Cap Fund Direct Growth has given a CAGR return of 27.52% since inception. Over the last 1 year the fund has given a CAGR return of 8.53%.

Holdings

Bank of India Multi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Health, Industrial, Tech, Energy, Communication, Consumer Defensive, Real Estate, Utilities, Government. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, Hero MotoCorp Ltd, ICICI Lombard General Insurance Co Ltd, Kotak Mahindra Bank 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 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 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 ratio1.03%
Benchmark
S&P BSE 500 India TR INR
AUM₹695 Cr
Inception Date3 March, 2023
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
120.02%
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 Multi Cap Fund Direct Growth
Nifty 500
multi-cap
1M
8.9%
7.3%
7.1%
3M
-7%
-4.6%
-8.5%
6M
-12.5%
-12%
-13.3%
1Y
8.5%
5.4%
7.9%

Fund Distribution

as on (28-Feb-25)

  • Equity 94.4%

  • Debt & Cash 5.6%

Large cap
40.6%

Small cap
27.9%

Mid cap
25.9%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
27.2%
Basic Materials
17.5%
Consumer Cyclical
11.9%
Health
11.5%
Industrial
6.8%
Tech
6.3%
Energy
6.1%
Communication
5.1%
Consumer Defensive
3.8%
Real Estate
2.1%
Utilities
1.8%
All changes are between Dec'24 and Feb'25
Dec'24
Fund Returns
-1.83%
Nifty 500
-2.02%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 695.2 Cr
₹ 767.2 Cr
₹ 758.1 Cr
  • AUM of the fund stands at 695.2 Cr as of Feb'25
  • AUM decreased by 71.9 Cr between Feb'25 and Jan'25
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 5.05% to 6.09%
HDFC Bank Ltd's allocation increased from 5.05% to 6.09%
Hero MotoCorp Ltd's allocation increased from 2.2% to 3.05%
Hero MotoCorp Ltd's allocation increased from 2.2% to 3.05%
Tips Music Ltd's allocation increased from 1.74% to 2.44%
Tips Music Ltd's allocation increased from 1.74% to 2.44%
Top Stocks sold last month
Larsen & Toubro Ltd's allocation decreased from 2.55 % to 2.43 %
Larsen & Toubro Ltd's allocation decreased from 2.55 % to 2.43 %
Manorama Industries Ltd's allocation decreased from 2.49 % to 2.43 %
Manorama Industries Ltd's allocation decreased from 2.49 % to 2.43 %
State Bank of India's allocation decreased from 2.1 % to 2.02 %
State Bank of India's allocation decreased from 2.1 % to 2.02 %
Large Cap allocation has gone up from 38.1% to 40.6%
Large Cap allocation has gone up from 38.1% to 40.6%
Small Cap allocation has gone down from 30% to 27.9%
Small Cap allocation has gone down from 30% to 27.9%
Mid Cap allocation has gone down from 26.3% to 25.9%
Mid Cap allocation has gone down from 26.3% to 25.9%
Cash allocation has gone down from 5.7% to 5.6%
Cash allocation has gone down from 5.7% to 5.6%
Debt allocation has gone up from 0% to 0%
Debt allocation has gone up from 0% to 0%

Top 3 Sectors in February were Financial Services, Basic Materials & Health

Feb'25
Financial Services
27%
Basic Materials
17%
Consumer Cyclical
12%
Jan'25
Financial Services
26%
Basic Materials
18%
Health
12%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
66
67
71
Top 5 Company Concentration
19%
17.1%
15.5%
Company having highest exposure
HDFC Bank Ltd (6.1%)
HDFC Bank Ltd (5.1%)
HDFC Bank Ltd (5.2%)
No of Sectors
12
12
11
Top 5 Sectors Concentration
74.9%
74.1%
73.3%
Sector having highest exposure
Financial Services (27.2%)
Financial Services (25.6%)
Financial Services (24.1%)
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Nitin Gosar
Nitin Gosar
Fund Manager of Bank of India Multi Cap Fund Direct Growth, since 3 March 2023
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

Bank of India Multi Cap 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 27.52% since inception which is more than its category average return of 13.72%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.4% in Equity, 0.01% in Debt and 5.58% in Cash related instruments
AUM size ₹695 Cr

AUM size ₹695 Cr

This fund has AUM of ₹695 Cr which is less than its category average of ₹ 5809 Cr
Expense Ratio 1.03%

Expense Ratio 1.03%

This fund has an expense ratio of 1.03% which is less than its category average expense ratio of 1.22%

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5Y CAGR

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3Y CAGR

▲ 20.14

Bank of India Small Cap Fund Direct Growth

Bank of India Small Cap Fund Direct Growth

5Y CAGR

▲ 38.45

Bank of India ELSS Tax Saver Fund Direct Plan Growth

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5Y CAGR

▲ 28.61

Bank of India Large & Mid Cap Equity Fund Direct Plan Growth

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5Y CAGR

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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 ₹16.54 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
Bank of India Multi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.89%
8.89%
6 Month Returns
-12.53%
-12.53%
1 Year Returns
8.53%
8.53%
3 Years Returns
0%
0%
5 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.
1.03% as on March 2025
₹695 Cr as on March 2025
HDFC Bank Ltd(6.09%), Reliance Industries Ltd(3.91%), Hero MotoCorp Ltd(3.05%), ICICI Lombard General Insurance Co Ltd(3%), Kotak Mahindra Bank Ltd(2.99%) as on March 2025
Financial Services(25.68%), Basic Materials(16.49%), Consumer Cyclical(11.23%) 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
1.16
-
-
As on March 2025
The alpha for Bank of India Multi Cap 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 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
1.04
-
-
As on March 2025
The Beta for Bank of India Multi Cap 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 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
-0.32
-
-
As on March 2025
The sharpe ratio for Bank of India Multi Cap 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 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
17.64
-
-
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%