Bank of India Consumption Fund Direct Growth
Get the latest NAV of Bank of India Consumption Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹10.40
▲0.6%1D
NAV as on 23 May 2025
4%/per year
Since Inception
▲▼
22 people have invested ₹ 1.1L in Bank of India Consumption Fund Direct Growth in the last three months
Bank of India Consumption Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (23-May-25)
The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
Bank of India Consumption Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Bank of India Consumption Fund Asset Allocation
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Equity 99.4%
Debt & Cash 0.6%
Bank of India Consumption Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Equity 99.4%
Debt & Cash 0.6%
Bank of India Consumption Fund Holdings Details
as on (30-Apr-25)
Equity
Debt & Cash
Bank of India Consumption Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 1.04% |
Benchmark | IISL Nifty India Consumption TR INR |
| AUM | ₹383 Cr |
| Inception Date | 20 December, 2024 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About Bank of India Consumption Fund
Bank of India Consumption Fund Direct Growth is an equity fund. This fund was started on 20 December, 2024. The fund is managed by Nitin Gosar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bank of India Consumption Fund Direct Growth has ₹383 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
- The fund has an expense ratio 1.
Returns
Bank of India Consumption Fund Direct Growth has given a CAGR return of 4.00% since inception.
Holdings
Bank of India Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Communication, Health, Financial Services, Basic Materials, Real Estate, Government, Industrial, Tech. Its top holdings are Bharti Airtel Ltd, ITC Ltd, Britannia Industries Ltd, Apollo Hospitals Enterprise Ltd, Mahindra & Mahindra Ltd
Taxation
As it is a equity - consumption mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Bank of India Consumption Fund Direct Growth
The Investment objective of the Scheme is to provide longterm capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors. However, there is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Bank of India Consumption Fund Direct Growth has no lock in period.
Fund Manager
Nitin Gosar
Fund Manager of Bank of India Consumption Fund Direct Growth, since 20 December 2024
More funds from BOI AXA
5Y CAGR
▲ 34.97
5Y CAGR
▲ 38.56
3Y CAGR
▲ 25.66
5Y CAGR
▲ 28.66
Frequently Asked Questions for Bank of India Consumption Fund Direct Growth
What is the current NAV of Bank of India Consumption Fund Direct Growth?
What are the average returns of Bank of India Consumption Fund Direct Growth?
Bank of India Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.56% | 1.56% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
How do I invest in Bank of India Consumption Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Bank of India Consumption Fund Direct Growth?
What is net assets under management (AUM) of Bank of India Consumption Fund Direct Growth?
What are the top 5 holdings of Bank of India Consumption Fund Direct Growth?
What are the top 3 sectors that this Bank of India Consumption Fund Direct Growth has invested in?
What is the alpha of Bank of India Consumption Fund Direct Growth?
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bank of India Consumption Fund Direct Growth | - | - | - |
What is the beta of Bank of India Consumption Fund Direct Growth??
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bank of India Consumption Fund Direct Growth | - | - | - |
What is the sharpe ratio of Bank of India Consumption Fund Direct Growth?
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bank of India Consumption Fund Direct Growth | - | - | - |
What is the standard deviation of Bank of India Consumption Fund Direct Growth?
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bank of India Consumption Fund Direct Growth | - | - | - |