February 17, 2025
mayank
Bank of India Bluechip Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 14.6500
NAV IDCW: Rs 14.6300
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) Alok Singh
Education: Mr. Singh is a CFA and PGDBA from ICFAI Business School.
Experience: Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank
2) Nilesh Jethani
Education: Mr. Jethani has done Bachelor of Financial Markets from HR College and Postgraduate Program in Global Financial Markets from BSE Institute Ltd.
Experience: Prior to joining Bank of India Mutual Fund, he has worked with HDFC Securities, HDFC Bank, and ASK Investment Managers
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 of Bank of India Bluechip Fund
| Fund House | Bank of India Mutual Fund |
| Launch Date | 29-Jun-21 |
| Return Since Launch | 11.08% |
| Benchmark | NIFTY 100 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 184 Cr |
| (As on 31-Jan-2025) | |
| Expense | 1.03% |
| (As on 31-Jan-2025) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | 59.00% |
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 | -10.73 | -1.61 | -5.79 | -9.51 | -12.85 | -2.66 | 12.12 | — | — | — |
| BSE 100 TRI | -4.74 | -0.79 | -1.80 | -3.81 | -6.35 | 6.12 | 13.25 | — | — | — |
| Equity: Large Cap | -5.48 | -0.97 | -2.30 | -4.69 | -7.67 | 5.71 | 13.42 | — | — | — |
| Rank within category | 85 | 81 | 98 | 82 | 78 | 87 | 42 | — | — | — |
| Number of funds in category | 99 | 100 | 99 | 97 | 94 | 90 | 74 | 55 | 45 | 42 |
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 | 3 star | -2.66 | 12.12 | — | 1.03 | 184 | 11.08 | 1.00 (90) | 3Y 7M | 59.00 |
| ICICI Pru Bluechip Dir | 5 star | 8.13 | 16.61 | 18.33 | 0.91 | 63,297 | 15.71 | 1.00 (365) | 12Y 1M | 18.00 |
| HDFC Large Cap Dir | 4 star | 5.45 | 16.70 | 17.40 | 1.01 | 35,673 | 14.1 | 1.00 (365) | 12Y 1M | 15.47 |
| Nippon India Large Cap Dir | 5 star | 8.12 | 19.35 | 18.80 | 0.71 | 35,667 | 16.07 | 1.00 (7) | 12Y 1M | 15.00 |
| Canara Robeco Bluechip Equity Dir | 4 star | 11.51 | 14.12 | 16.77 | 0.51 | 14,579 | 15.01 | 1.00 (365) | 12Y 1M | 25.00 |
Portfolio Analysis of Bank of India Bluechip Fund
| No. of Stocks | 49 |
| Top 10 Stocks | 40.46% |
| Top 5 Stocks | 25.10% |
| Top 3 Sectors | 51.90% |
| Portfolio P/B Ratio | 3.43 |
| Portfolio P/E Ratio | 24.86 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,94,031 | 3,96,602 |
| Giant (%) | 62.92 | 77.08 |
| Large (%) | 21.96 | 21.16 |
| Mid (%) | 8.69 | 2.14 |
| Small (%) | 6.44 | 2.15 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Bank of India Bluechip Fund
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