Bank of India Conservative Hybrid Fund Direct Growth

Bank of India Conservative Hybrid Fund Direct Growth

Hybrid

Direct

Conservative Allocation

NAV as on 06-12-2024

₹ 35.77

Inception Returns

8.9%

/yr

About Bank of India Conservative Hybrid Fund Direct Growth

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.

Key Parameters

  1. Bank of India Conservative Hybrid Fund Direct Growth has ₹66 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 1.1.

Returns

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.

Holdings

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.

Taxation

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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Bank of India Conservative Hybrid Fund Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
120 people have invested ₹ 11.6L in Bank of India Conservative Hybrid Fund Direct Growth in the last three months

Bank of India Conservative Hybrid Fund Direct Growth Overview

Expense ratio1.1%
Benchmark
CRISIL Hybrid 85+15 - ConservativeTR INR
AUM₹66 Cr
Inception Date14 January, 2013
Min Lumpsum/SIP₹10000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
131.29%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (06-Dec-24)

Period
Bank of India Conservative Hybrid Fund Direct Growth
Conservative Allocation Index
1M
0.9%
0.7%
3M
1.4%
1.3%
6M
4.4%
5.6%
1Y
10.6%
12.3%
3Y
14.4%
9.1%
5Y
12.8%
9.4%

Fund Distribution

as on (31-Oct-24)

  • Equity 18.5%

  • Debt & Cash 81.2%

Large cap
13.7%

Small cap
2.8%

Mid cap
2%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
23.3%
Industrial
14%
Energy
12.3%
Utilities
12.1%
Basic Materials
9.8%
Consumer Defensive
9.4%
Tech
9.4%
Consumer Cyclical
8.2%
Communication
1.4%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 66.5 Cr
₹ 66.7 Cr
₹ 65.8 Cr
  • AUM of the fund stands at 66.5 Cr as of Oct'24
  • AUM decreased by 0.3 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Government, Financial Services & Corporate

Oct'24
Government
36%
Financial Services
23%
Corporate
15%
Sep'24
Government
52%
Financial Services
21%
Corporate
18%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
43
42
43
Top 5 Company Concentration
6.9%
7%
6.9%
Company having highest exposure
Reliance Industries Ltd (2.2%)
Reliance Industries Ltd (2.4%)
Reliance Industries Ltd (1.6%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
100.5%
123.8%
121.8%
Sector having highest exposure
Government (36.1%)
Government (51.6%)
Government (52.7%)
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Alok Singh
Alok Singh
Fund Manager of Bank of India Conservative Hybrid Fund Direct Growth, since 21 May 2012
Fund House
Bank of India Investment Managers Private Limited
Total AUM
₹11.36K Cr
as on 31-Oct-2024
Address
Bank of India Investment Managers Private Limited,B/204, Tower 1, Peninsula Corporate Park,,Ganpatrao Kadam Marg,,Lower Parel, Mumba
Phone
+912240479000
Website
service@boimf.in

Mutual Fund Insights

Insights icon
Over the last 3 months, this fund has experienced a 9.5% drop in AUM moving from 73.17 Cr to 66.22 Cr.
Insights icon
In the last 5 years, Kotak Debt Hybrid Direct Growth has given 13.2% return, outperforming this fund by 0.38% per annum.
Insights icon
In the last 3 years, this fund has outperformed all funds in its category.
Insights icon
In the last 1 year, Kotak Debt Hybrid Direct Growth has given 16.02% return, outperforming this fund by 5.41%.

Bank of India Conservative Hybrid Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.88% since inception which is more than its category average return of 6.34%
Fund Allocations

Fund Allocations

This fund has an allocation of 18.51% in Equity, 41.78% in Debt and 39.42% in Cash related instruments
AUM size ₹66 Cr

AUM size ₹66 Cr

This fund has AUM of ₹66 Cr which is less than its category average of ₹ 753 Cr
Expense Ratio 1.1%

Expense Ratio 1.1%

This fund has an expense ratio of 1.1% which is less than its category average expense ratio of 1.24%

Frequently Asked Questions for Bank of India Conservative Hybrid Fund Direct Growth

The current NAV of Bank of India Conservative Hybrid Fund Direct Growth is ₹35.77 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
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%
With INDmoney, the process of investing is very simple and involves zero commission.
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1.1% as on November 2024
₹66 Cr as on November 2024
Indian Railway Finance Corporation Limited(7.64%), National Bank for Agriculture and Rural Development 7.68%(7.61%), 364 Day T-Bill 30.01.25(4.47%), 6.79% Govt Stock 2034(4.14%), 7.18% Govt Stock 2033(4.09%) as on November 2024
Cash Equivalent(39.56%), Government(29.74%), Corporate(12.19%) as on November 2024
AAA
100
Alok Singh is the fund manager of Bank of India Conservative Hybrid Fund Direct Growth
The Exit load of Bank of India Conservative Hybrid Fund Direct Growth is 1%