February 1, 2024
mayank
Bank of India Bluechip Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 14.7700
NAV IDCW: Rs 14.7500
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide investors with the opportunities long term capital appreciation by investing predominantly in equity and equity-related instruments of large cap companies.
Fund Manager:
1) Dhruv Bhatia
Education: Mr. Bhatia has done PGDM (Finance), Bachelors in Management Studies (Finance).
Experience: Prior to joining BOI AXA Mutual Fund he has worked with AUM Fund Advisors LLP and Sahara Asset Management Company.
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 | 1% for redemption Within 3 months |
Basic Details
| Fund House | Bank of India Mutual Fund |
| Launch Date | 29-Jun-21 |
| Return Since Launch | 16.24% |
| Benchmark | NIFTY 100 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 115 Cr |
| (As on 31-Dec-2023) | |
| Expense | 1.59% |
| (As on 31-Dec-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 49.00% |
Trailing Returns (%) of Bank of India Bluechip Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bank of India Bluechip Dir | 3.07 | 0.96 | 3.07 | 21.46 | 21.66 | 40.00 | — | — | — | — |
| S&P BSE 100 TRI | 0.58 | 0.98 | 0.58 | 15.32 | 12.27 | 27.28 | — | — | — | — |
| Equity: Large Cap | 1.80 | 0.96 | 1.80 | 18.16 | 15.81 | 32.61 | — | — | — | — |
| Rank within category | 31 | 33 | 31 | 27 | 27 | 25 | — | — | — | — |
| Number of funds in category | 98 | 99 | 98 | 97 | 96 | 93 | 61 | 50 | 43 | 43 |
Peer Comparison of Bank of India Bluechip 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 Bluechip Dir | Unrated | 40.00 | — | — | 1.59 | 115 | 16.24 | 1.00 (90) | 2Y 7M | 49.00 |
| ICICI Pru Bluechip Dir | 5 star | 34.30 | 23.03 | 18.87 | 0.93 | 47,929 | 16.31 | 1.00 (365) | 11Y 1M | 26.00 |
| SBI Bluechip Dir | 4 star | 24.16 | 18.61 | 17.19 | 0.85 | 43,487 | 15.71 | 1.00 (365) | 11Y 1M | 16.00 |
| Mirae Asset Large Cap Dir | 4 star | 22.97 | 17.17 | 15.90 | 0.54 | 37,969 | 16.84 | 1.00 (365) | 11Y 1M | 22.00 |
| HDFC Top 100 Dir | 4 star | 34.69 | 24.10 | 17.04 | 1.08 | 30,262 | 14.89 | 1.00 (365) | 11Y 1M | 17.55 |
Portfolio Analysis of Bank of India Bluechip Fund
| No. of Stocks | 37 |
| Top 10 Stocks | 48.27% |
| Top 5 Stocks | 29.19% |
| Top 3 Sectors | 51.57% |
| Portfolio P/B Ratio | 3.10 |
| Portfolio P/E Ratio | 20.41 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,66,183 | 3,31,280 |
| Giant (%) | 72.74 | 66.74 |
| Large (%) | 18.41 | 28.52 |
| Mid (%) | 5.74 | 5.28 |
| Small (%) | 3.12 | 2.23 |
| Tiny (%) | — | — |
How to Invest in Bank of India Bluechip Fund?
Chanakya’s Mutual Fund Guidance For Bank of India Bluechip Fund
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://online.boimf.in/
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