February 2, 2024
mayank
Bank of India Manufacturing & Infrastructure Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 52.5800
Quarterly NAV IDCW: Rs 51.6900
NAV IDCW: Rs 49.6200
Suitable For Which Investors?
This is a fund that invests mainly in shares of companies engaged in infrastructure-related activities or are expected to benefit from them.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in manufacturing and infrastructure and related sectors.
Fund Manager:
1) Nitin Gosar
Education: Mr. Gosar holds a Master’s degree in Finance from ICFAI.
Experience: Prior to joining Bank of India Mutual Fund, he was working with Invesco Mutual Fund, IFCI Financial Services Ltd. (I-Fin) as Research Analyst. He has also worked Batlivala & Karani Securities, SKP Securities and NDA Securities.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details
| Fund House | Bank of India Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 17.79% |
| Benchmark | S&P BSE India Infrastructure TRI (50), S&P BSE India Manufacturing TRI (50) |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 188 Cr |
| (As on 31-Dec-2023) | |
| Expense | 1.03% |
| (As on 31-Dec-2023) | |
| Risk Grade | Below Average |
| Return Grade | Average |
| Turnover | 91.00% |
Trailing Returns (%) of Bank of India Manufacturing & Infrastructure Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bank of India Manufacturing & Infra Dir | 4.78 | -0.27 | 4.45 | 22.94 | 27.00 | 54.78 | 34.07 | 28.48 | 20.89 | 21.76 |
| S&P BSE India Infrastructure TRI | 17.97 | -0.15 | 17.06 | 52.22 | 62.45 | 104.93 | 46.50 | 28.29 | 18.63 | 19.17 |
| Equity: Sectoral-Infrastructure | 6.20 | -0.19 | 5.71 | 26.15 | 28.36 | 59.98 | 35.97 | 25.67 | 18.91 | 21.30 |
| Rank within category | 15 | 11 | 15 | 16 | 11 | 14 | 13 | 3 | 3 | 6 |
| Number of funds in category | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 18 |
Peer Comparison of Bank of India Manufacturing & Infrastructure Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Bank of India Manufacturing & Infra Dir | 4 star | 54.78 | 34.07 | 28.48 | 1.03 | 188 | 17.79 | 1.00 (365) | 11Y 1M | 91.00 |
| ICICI Pru Infrastructure Dir | 4 star | 57.37 | 42.73 | 27.93 | 1.30 | 4,148 | 17.36 | 1.00 (15) | 11Y 1M | 48.00 |
| SBI Infrastructure Dir | 4 star | 60.77 | 35.10 | 26.22 | 1.63 | 1,801 | 16.32 | 0.50 (30) | 11Y 1M | 38.00 |
| Kotak Infra & Eco Reform Dir | 5 star | 48.21 | 37.57 | 26.09 | 0.75 | 1,361 | 19.06 | 1.00 (90) | 11Y 1M | 3.86 |
| Quant Infrastructure Dir | 5 star | 66.90 | 46.43 | 36.25 | 0.77 | 1,322 | 19.68 | 0.50 (90) | 11Y 1M | 266.00 |
Portfolio Analysis of Bank of India Manufacturing & Infrastructure Fund
| No. of Stocks | 66 |
| Top 10 Stocks | 35.54% |
| Top 5 Stocks | 24.52% |
| Top 3 Sectors | 46.20% |
| Portfolio P/B Ratio | 3.85 |
| Portfolio P/E Ratio | 29.64 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 55,107 | 91,012 |
| Giant (%) | 34.58 | 38.83 |
| Large (%) | 6.95 | 14.68 |
| Mid (%) | 39.12 | 27.70 |
| Small (%) | 19.35 | 20.68 |
| Tiny (%) | — | 0.51 |
How to Invest in Bank of India Manufacturing & Infrastructure Fund?
Chanakya’s Mutual Fund Guidance For Bank of India Manufacturing & Infrastructure Fund
Do not invest in this, or any other infrastructure fund, if you need to redeem your investment in less than five years.
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-manufacturing-equity-fund/