February 2, 2024
mayank
Bank of India Flexi Cap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 30.6100
NAV IDCW: Rs 26.1600
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 from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest 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 across various market capitalisation.
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) | 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-20 |
| Return Since Launch | 36.51% |
| Benchmark | S&P BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 559 Cr |
| (As on 31-Dec-2023) | |
| Expense | 1.01% |
| (As on 31-Dec-2023) | |
| Risk Grade | Above Average |
| Return Grade | High |
| Turnover | 70.00% |
Trailing Returns (%) of Bank of India Flexi Cap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bank of India Flexi Cap Dir | 5.26 | 0.16 | 4.79 | 26.12 | 29.05 | 53.20 | 30.07 | — | — | — |
| S&P BSE 500 TRI | 1.76 | -0.15 | 1.54 | 18.18 | 16.08 | 34.06 | 20.17 | — | — | — |
| Equity: Flexi Cap | 1.72 | -0.13 | 1.57 | 16.88 | 15.97 | 34.80 | 19.83 | — | — | — |
| Rank within category | 5 | 11 | 4 | 2 | 2 | 3 | 2 | — | — | — |
| Number of funds in category | 80 | 81 | 80 | 79 | 76 | 71 | 56 | 41 | 35 | 29 |
Peer Comparison of Bank of India Flexi Cap 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 Flexi Cap Dir | 4 star | 53.20 | 30.07 | — | 1.01 | 559 | 36.51 | 1.00 (90) | 3Y 7M | 70.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 38.63 | 24.31 | 24.03 | 0.60 | 52,007 | 20.37 | 2.00 (365) | 10Y 8M | 4.53 |
| HDFC Flexi Cap Dir | 4 star | 38.17 | 27.83 | 20.57 | 0.89 | 45,993 | 16.88 | 1.00 (365) | 11Y 1M | 28.27 |
| Franklin India Flexi Cap Dir | 4 star | 39.36 | 23.25 | 19.84 | 0.99 | 13,792 | 17.27 | 1.00 (365) | 11Y 1M | 17.32 |
| Franklin India Focused Equity Dir | 4 star | 30.45 | 22.47 | 19.86 | 0.96 | 10,390 | 18.94 | 1.00 (365) | 11Y 1M | 26.42 |
Portfolio Analysis of Bank of India Flexi Cap Fund
| No. of Stocks | 65 |
| Top 10 Stocks | 34.13% |
| Top 5 Stocks | 20.00% |
| Top 3 Sectors | 54.36% |
| Portfolio P/B Ratio | 2.61 |
| Portfolio P/E Ratio | 16.80 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,07,475 | 1,60,012 |
| Giant (%) | 43.83 | 51.24 |
| Large (%) | 18.49 | 20.20 |
| Mid (%) | 25.52 | 22.72 |
| Small (%) | 12.15 | 6.39 |
| Tiny (%) | — | — |
How to Invest in Bank of India Flexi Cap Fund?
Chanakya’s Mutual Fund Guidance For Bank of India Flexi Cap Fund
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://online.boimf.in/
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