February 17, 2025
mayank
Bank of India Business Cycle Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 8.2200
NAV IDCW: Rs 8.2200
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus 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 to generate long term capital appreciation by investing predominantly in equity and equity related securities through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
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
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | — |
| 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 3 months |
Basic Details of Bank of India Business Cycle Fund
| Fund House | Bank of India Mutual Fund |
| Launch Date | 30-Aug-24 |
| Return Since Launch | -17.80% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 529 Cr |
| (As on 31-Jan-2025) | |
| Expense | 1.18% |
| (As on 31-Jan-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 140.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bank of India Business Cycle Dir | -16.63 | -2.03 | -10.07 | -16.12 | — | — | — | — | — | — |
| BSE 500 TRI | -7.59 | -1.29 | -3.73 | -5.98 | — | — | — | — | — | — |
Peer Comparison of Bank of India Business Cycle 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 Business Cycle Dir | Unrated | — | — | — | 1.18 | 529 | -17.80 | 1.00 (90) | 5M | 140.00 |
| ICICI Pru India Opportunities Dir | Unrated | 14.87 | 24.22 | 27.08 | 0.69 | 24,747 | 22.90 | 1.00 (365) | 6Y 1M | 74.00 |
| HDFC Manufacturing Dir | Unrated | — | — | — | 0.50 | 11,967 | -5.4 | 1.00 (30) | 9M | — |
| ICICI Pru Business Cycle Dir | Unrated | 8.96 | 20.09 | — | 0.76 | 11,617 | 21.99 | 1.00 (30) | 4Y | 32.00 |
| SBI Innovative Opportunities Dir | Unrated | — | — | — | 0.60 | 7,454 | -9.08 | 1.00 (365) | 5M | 27.00 |
Portfolio Analysis of Bank of India Business Cycle Fund
| No. of Stocks | 60 |
| Top 10 Stocks | 35.39% |
| Top 5 Stocks | 22.23% |
| Top 3 Sectors | 55.60% |
| Portfolio P/B Ratio | 3.96 |
| Portfolio P/E Ratio | 28.40 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 62,971 | 1,24,806 |
| Giant (%) | 35.40 | 42.51 |
| Large (%) | 23.75 | 23.15 |
| Mid (%) | 11.99 | 26.99 |
| Small (%) | 28.86 | 12.30 |
| Tiny (%) | — | 1.03 |
Chanakya’s Mutual Fund Guidance For Bank of India Business Cycle Fund
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