Bank of India Conservative Hybrid Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl

Hybrid
Direct
Conservative Allocation
Bank of India Conservative Hybrid Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl

About the Fund

Bank of India Conservative Hybrid Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl is a hybrid fund. This fund was started on 28 March, 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 Monthly Reinvestment of Income Dist cum Cap Wdrl has ₹74 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 1.3.

Returns

Bank of India Conservative Hybrid Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl has given a CAGR return of 7.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.31%, 14.80% and 12.91% respectively.

Holdings

Bank of India Conservative Hybrid Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl has allocated its funds majorly in Government, Industrial, Corporate, Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Energy, Tech, Utilities, Consumer Defensive, Real Estate, 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 Monthly Reinvestment of Income Dist cum Cap Wdrl

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 Monthly Reinvestment of Income Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio1.27%
Benchmark
CRISIL Hybrid 85+15 - ConservativeTR INR
AUM₹74 Cr
Inception Date28 March, 2013
Min Lumpsum/SIP₹10000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
221.01%
Risk
Risk meter
pointer
Moderately High risk

Fund Distribution
as on (30-Jun-24)

  • Equity 22.3%

  • Debt & Cash 77.4%

Sector Allocation

May'24

Apr'24

Mar'24

Industrial
33.3%
Financial Services
15.7%
Basic Materials
11.3%
Consumer Cyclical
10.4%
Energy
7.3%
Tech
6.1%
Utilities
5.9%
Consumer Defensive
5.6%
Real Estate
4.4%
All changes are between Oct'69 and Dec'69

Alok Singh
Alok Singh
Fund Manager of Bank of India Conservative Hybrid Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl, since 21 May 2012

Bank of India Conservative Hybrid Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl 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 7.15% since inception which is more than its category average return of 6.26%
Fund Allocations

Fund Allocations

This fund has an allocation of 22.33% in Equity, 54.41% in Debt and 23.03% in Cash related instruments
AUM size ₹74 Cr

AUM size ₹74 Cr

This fund has AUM of ₹74 Cr which is less than its category average of ₹ 741 Cr
Expense Ratio 1.27%

Expense Ratio 1.27%

This fund has an expense ratio of 1.27% which is more than its category average expense ratio of 1.24%

Frequently Asked Questions

The current NAV of Bank of India Conservative Hybrid Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl is ₹15.65 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Bank of India Conservative Hybrid Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.5%
1.5%
6 Month Returns
6.52%
6.52%
1 Year Returns
14.31%
14.31%
3 Years Returns
51.31%
14.8%
5 Years Returns
83.53%
12.91%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
1.27% as on June 2024
₹74 Cr as on June 2024
7.26% Govt Stock 2033(15.07%), 7.18% Govt Stock 2033(7.72%), Indian Railway Finance Corporation Limited(6.78%), National Bank for Agriculture and Rural Development 7.68%(6.77%), Rural Electrification Corporation Limited(5.43%) as on June 2024
Government(43.78%), Corporate(18.55%), Cash Equivalent(15.34%) as on June 2024
AAA
100
Alok Singh is the fund manager of Bank of India Conservative Hybrid Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl
The Exit load of Bank of India Conservative Hybrid Fund Direct Monthly Reinvestment of Income Dist cum Cap Wdrl is 1%