February 1, 2024
mayank
Bank of India Conservative Hybrid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 33.2317
Yearly NAV IDCW: Rs 15.1479
Quarterly NAV IDCW: Rs 16.3338
Monthly NAV IDCW: Rs 14.8088
Suitable For Which Investors?
“Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy:
The Scheme seeks to generate regular income through investments of a substantial portion in fixed income securities and long term capital appreciation by investing upto 20% of the net assets in equity and equity related instruments. The scheme will seek to build a well-diversified, high credit portfolio that minimizes liquidity risk and credit risk.
Fund Manager:
1) Alok Singh
Education: Mr. Singh is a CFA and PGDBA from ICFAI Business School.
Experience: Prior to joining BOI AXA AMC he has worked with BNP Paribas Asset Management and Axis Bank
Investment Details
| Min. Investment (Rs) | 10,000 |
| 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 | 8.87% |
| Benchmark | CRISIL Hybrid 85+15 Conservative Index |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | Rs 67 Cr |
| (As on 31-Dec-2023) | |
| Expense | 1.44% |
| (As on 31-Dec-2023) | |
| Risk Grade | High |
| Return Grade | High |
| Turnover | — |
Trailing Returns (%) of Bank of India Conservative Hybrid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bank of India Conservative Hybrid Dir | 1.52 | 0.23 | 1.52 | 6.41 | 7.06 | 13.27 | 14.71 | 9.71 | 8.25 | 9.26 |
| VR MIP TRI | 0.59 | 0.45 | 0.59 | 7.39 | 6.52 | 14.30 | 9.73 | 9.65 | 9.16 | 9.58 |
| Hybrid: Conservative Hybrid | 1.03 | 0.33 | 1.03 | 5.54 | 6.42 | 13.71 | 9.33 | 9.19 | 8.26 | 9.97 |
| Rank within category | 6 | 26 | 6 | 6 | 7 | 17 | 1 | 10 | 13 | 15 |
| Number of funds in category | 31 | 31 | 31 | 31 | 31 | 31 | 28 | 25 | 25 | 22 |
Peer Comparison of Bank of India Conservative Hybrid 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 Conservative Hybrid Dir | 3 star | 13.27 | 14.71 | 9.71 | 1.44 | 67 | 8.87 | 1.00 (365) | 11Y 1M | 69.00 |
| SBI Cons Hybrid Dir | 5 star | 14.26 | 11.18 | 11.34 | 0.62 | 9,277 | 10.06 | 1.00 (365) | 11Y 1M | — |
| ICICI Pru Regular Savings Dir | 4 star | 13.71 | 10.11 | 10.45 | 0.91 | 3,358 | 10.73 | 1.00 (365) | 11Y 1M | 22.00 |
| HDFC Hybrid Debt Dir | 4 star | 16.11 | 12.02 | 10.87 | 1.27 | 3,010 | 10.08 | 1.00 (365) | 11Y 1M | — |
| Kotak Debt Hybrid Dir | 5 star | 17.42 | 12.34 | 13.02 | 0.45 | 2,189 | 11.13 | 1.00 (180) | 11Y 1M | 24.23 |
Portfolio Analysis of Bank of India Conservative Hybrid Fund
| Number of Stocks | 34 |
| Number of Bonds | 13 |
| Average Maturity (yrs) | 3.46 |
| Top 10 Holdings | 66.56% |
| Portfolio P/B Ratio | 3.33 |
| Portfolio P/E Ratio | 23.48 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,63,522 | 2,12,187 |
| Giant (%) | 70.45 | 60.81 |
| Large (%) | 8.16 | 16.69 |
| Mid (%) | 8.16 | 17.62 |
| Small (%) | 13.23 | 9.67 |
| Tiny (%) | — | 2.44 |
| Fund | Category | |
| Number of Securities | 47 | 57 |
| Macaulay Duration (yrs) | 2.66 | 3.69 |
| Average Maturity (yrs) | 3.46 | 6.17 |
| Yield to Maturity (%) | 7.35 | 7.66 |
| Avg Credit Rating | AAA | — |
How to Invest in Bank of India Conservative Hybrid Fund?
Chanakya’s Mutual Fund Guidance For Bank of India Conservative Hybrid Fund
Apply Online: https://online.boimf.in/
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks
https://sahifund.com/aditya-birla-sun-life-equity-hybrid-95-fund/