February 2, 2024
mayank
Bank of India Multi Cap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 15.0300
NAV IDCW: Rs 15.0200
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 fund is mandated to invest at least 25 per cent of its money each in stocks of large, medium and small-sized companies. Such funds can be fairly volatile since at least 50% of their assets will always be invested in mid and small cap stocks which generally experience more severe ups and downs. This makes them suitable for long-term investors who don’t mind higher risk, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest only through the SIP route.Click here to read a primer on SIP investing.
Fund’s Investment Strategy:
The scheme seeks to generate long term capital appreciation by investing in equity and equity-related securities across various market capitalisation.
Fund Manager:
1) Nitin Gosar
Education: Mr. Gosar holds a Master’s degree in Finance from ICFAI.
Experience: Prior to joining Bank of India Mutual Fund, he was working with Invesco Mutual Fund, IFCI Financial Services Ltd. (I-Fin) as Research Analyst. He has also worked Batlivala & Karani Securities, SKP Securities and NDA Securities.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1000.00 |
| Min. No of Cheques | 6.00 |
| 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 1 year |
Basic Details
| Fund House | Bank of India Mutual Fund |
| Launch Date | 03-Mar-23 |
| Return Since Launch | 50.30% |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 379 Cr |
| (As on 31-Dec-2023) | |
| Expense | 1.54% |
| (As on 31-Dec-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 113.00% |
Trailing Returns (%) of Bank of India Multi Cap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bank of India Multi Cap Dir | 4.74 | 0.07 | 4.38 | 21.21 | 24.73 | — | — | — | — | — |
| S&P BSE 500 TRI | 1.76 | -0.15 | 1.54 | 18.18 | 16.08 | — | — | — | — | — |
| Equity: Multi Cap | 3.37 | -0.16 | 3.06 | 19.18 | 20.45 | — | — | — | — | — |
| Rank within category | 6 | 5 | 5 | 7 | 5 | — | — | — | — | — |
| Number of funds in category | 23 | 24 | 23 | 23 | 19 | 16 | 8 | 0 | 0 | 0 |
Peer Comparison of Bank of India Multi 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 Multi Cap Dir | Unrated | — | — | — | 1.54 | 379 | 50.30 | 1.00 (365) | 10M | 113.00 |
| Nippon Ind Multi Cap Dir | Unrated | 45.21 | 33.40 | 21.18 | 0.86 | 24,590 | 16.92 | 1.00 (365) | 11Y 1M | 29.00 |
| SBI Multicap Dir | Unrated | 29.90 | — | — | 0.92 | 14,269 | 17.68 | 1.00 (365) | 1Y 10M | 36.00 |
| HDFC Multi Cap Dir | Unrated | 48.87 | — | — | 0.53 | 11,030 | 25.90 | 1.00 (365) | 2Y 1M | 9.00 |
| ICICI Pru Multicap Dir | Unrated | 43.61 | 25.26 | 19.87 | 0.97 | 10,342 | 17.17 | 1.00 (365) | 11Y 1M | 83.00 |
Portfolio Analysis of Bank of India Multi Cap Fund
| No. of Stocks | 72 |
| Top 10 Stocks | 26.83% |
| Top 5 Stocks | 16.20% |
| Top 3 Sectors | 42.51% |
| Portfolio P/B Ratio | 3.32 |
| Portfolio P/E Ratio | 22.59 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 55,303 | 67,436 |
| Giant (%) | 27.88 | 30.40 |
| Large (%) | 16.25 | 19.34 |
| Mid (%) | 37.54 | 36.71 |
| Small (%) | 18.33 | 13.55 |
| Tiny (%) | — | — |
How to Invest in Bank of India Multi Cap Fund?
Chanakya’s Mutual Fund Guidance For Bank of India Multi Cap Fund
Do not invest in this, or any other multi-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://online.boimf.in/
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