Hybrid
Direct
Conservative Allocation
NAV as on 06-12-2024
₹ 35.77
Inception Returns
8.9%
/yr
Bank of India Conservative Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 14 January, 2013. The fund is managed by Alok Singh. This fund gives you the benefit of diversification.
Bank of India Conservative Hybrid Fund Direct Growth has given a CAGR return of 8.88% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.61%, 14.36% and 12.82% respectively.
Bank of India Conservative Hybrid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Corporate, Industrial, Tech, Energy, Utilities, Basic Materials, Consumer Defensive, Consumer Cyclical, Communication.
As it is a conservative allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The Scheme seeks to generate regular income through investments in fixed income securities and also to generate long term capital appreciation by investing a portion in equity and equity related instruments. However, there can be no assurance that the income can be generated, regular or otherwise, or the investment objectives of the Scheme will be realized.
Minimum investment for lump sum payment is INR 10000.00 and for SIP is INR 1000.00. Bank of India Conservative Hybrid Fund Direct Growth has no lock in period.
Expense ratio | 1.1% |
Benchmark | CRISIL Hybrid 85+15 - ConservativeTR INR |
AUM | ₹66 Cr |
Inception Date | 14 January, 2013 |
Min Lumpsum/SIP | ₹10000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 131.29% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderately High risk |
as on (06-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Government, Financial Services & Corporate
Bank of India Conservative Hybrid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.92% | 0.92% |
6 Month Returns | 4.43% | 4.43% |
1 Year Returns | 10.61% | 10.61% |
3 Years Returns | 49.58% | 14.36% |
5 Years Returns | 82.78% | 12.82% |
AAA | 100 |