Bank of India Manufacturing & Infra Fund Direct Growth
NAV as on 17-04-2025
₹ 58.91
▲0.6%
1D
Inception Returns
17.1%
/yr
Historical NAV & Returns
Absolute
▲
▼
602 people have invested ₹ 31.7L in Bank of India Manufacturing & Infra Fund Direct Growth in the last three months
About Bank of India Manufacturing & Infra Fund Direct Growth
Bank of India Manufacturing & Infra Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Nitin Gosar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bank of India Manufacturing & Infra Fund Direct Growth has ₹514 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Bank of India Manufacturing & Infra Fund Direct Growth has given a CAGR return of 17.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.01%, 21.52% and 32.45% respectively.
Holdings
Bank of India Manufacturing & Infra Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Consumer Cyclical, Energy, Utilities, Health, Communication, Consumer Defensive, Real Estate, Tech, Government. Its top holdings are Larsen & Toubro Ltd, NTPC Ltd, Reliance Industries Ltd, Vedanta Ltd, Lloyds Metals & Energy Ltd
Taxation
As it is a equity - infrastructure 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 Manufacturing & Infra Fund Direct Growth
The Scheme seeks to generate long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in manufacturing and infrastructure related sectors. Further, there can be no assurance that the investment objectives of the scheme will be realized. The Scheme is not providing any assured or guaranteed returns.
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 Manufacturing & Infra Fund Direct Growth has no lock in period.
Bank of India Manufacturing & Infra Fund Direct Growth Overview
| Expense ratio | 0.74% |
Benchmark | null |
| AUM | ₹514 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 84.99% |
| 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 |
INDmoney Rank for Bank of India Manufacturing & Infra Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Trailing Returns
as on (17-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
38.7%
Small cap
37.8%
Mid cap
17%
Sector Allocation
Industrial
27.6%
Basic Materials
25%
Consumer Cyclical
12.7%
Energy
7.4%
Utilities
7.3%
Health
6.1%
Communication
5%
Consumer Defensive
3.6%
Real Estate
3.1%
Tech
2.3%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 10.19% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 2.94% in Mar'25
- AUM of the fund stands at 513.9 Cr as of Mar'25
- AUM increased by 51 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Lloyds Metals & Energy Ltd's allocation increased from 2.63% to 3.66%
NTPC Ltd's allocation increased from 5.71% to 6.16%
Oberoi Realty Ltd's allocation increased from 1.44% to 1.87%
Top Stocks sold last month
Larsen & Toubro Ltd's allocation decreased from 6.64 % to 6.6 %
Reliance Industries Ltd's allocation decreased from 4.99 % to 4.77 %
Hero MotoCorp Ltd's allocation decreased from 3.43 % to 3.12 %
Mid Cap allocation has gone up from 15.7% to 17%
Large Cap allocation has gone up from 38.4% to 38.7%
Small Cap allocation has gone down from 38.4% to 37.8%
Debt allocation has gone down from 0% to 0%
Cash allocation has gone down from 4.3% to 3%
Top 3 Sectors in March were Industrial, Basic Materials & Consumer Cyclical
Mar'25
Industrial
28%
Basic Materials
25%
Consumer Cyclical
13%
Feb'25
Industrial
27%
Basic Materials
25%
Consumer Cyclical
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Larsen & Toubro Ltd | 6.6% | 0% | |
 NTPC Ltd | 6.16% | 4.2% | |
 Reliance Industries Ltd | 4.77% | 0% | |
 Vedanta Ltd | 4.53% | 0% | |
 Lloyds Metals & Energy Ltd | 3.66% | 22.2% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Bank of India Manufacturing & Infra Fund Direct Growth | 4.01% | 21.52% | 32.45% | 17.06% |
 Canara Robeco Infrastructure Direct Plan Growth | 13.31% | 25.49% | 33.81% | 17.35% |
 ICICI Prudential Infrastructure Fund Direct Plan Growth | 7.41% | 28.28% | 38.26% | 17.1% |
 UTI Infrastructure Fund-Growth Option- Direct | 6% | 20.62% | 27.16% | 13.38% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 NTPC Ltd | 6.7% |
 Lloyds Metals & Energy Ltd | 2.9% |
 Manorama Industries Ltd | 0.2% |
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Nitin Gosar
Fund Manager of Bank of India Manufacturing & Infra Fund Direct Growth, since 27 September 2022
Top funds managed
Fund House
Bank of India Investment Managers Private Limited
Total Schemes
Total AUM
₹10.84K Cr
as on 31-Mar-2025
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
In the last 1 year, Canara Robeco Infrastructure Direct Plan Growth has given 13.31% return, outperforming this fund by 9.31%.
In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 42.07% return, outperforming this fund by 9.61% per annum.
Over the last 1 month, this fund has experienced a 11.0% growth in AUM moving from 462.95 Cr to 513.93 Cr.
In the last 3 years, HDFC Infrastructure Fund -Direct Plan - Growth Option has given 29.21% return, outperforming this fund by 7.69% per annum.
This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 0.74% which is lower than the category average expense ratio of 1.52%.
Bank of India Manufacturing & Infra Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.06% since inception which is more than its category average return of 13.96%
Fund Allocations
This fund has an allocation of 97.02% in Equity, 0.03% in Debt and 2.95% in Cash related instruments
AUM size ₹514 Cr
This fund has AUM of ₹514 Cr which is less than its category average of ₹ 2102 Cr
Expense Ratio 0.74%
This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.61%
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Frequently Asked Questions for Bank of India Manufacturing & Infra Fund Direct Growth
The current NAV of Bank of India Manufacturing & Infra Fund Direct Growth is ₹58.91 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
Bank of India Manufacturing & Infra Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.4% | 7.4% |
6 Month Returns | -12.23% | -12.23% |
1 Year Returns | 4.01% | 4.01% |
3 Years Returns | 79.44% | 21.52% |
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0.74% as on March 2025
₹514 Cr as on March 2025
Larsen & Toubro Ltd(6.6%), NTPC Ltd(6.16%), Reliance Industries Ltd(4.77%), Vedanta Ltd(4.53%), Lloyds Metals & Energy Ltd(3.66%) as on March 2025
Industrial(26.76%), Basic Materials(24.27%), Consumer Cyclical(12.35%) as on March 2025
The alpha ratio for the Bank of India Manufacturing & Infra Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bank of India Manufacturing & Infra Fund Direct Growth | 1.97 | 7.32 | 7.32 |
As on March 2025
The alpha for Bank of India Manufacturing & Infra Fund Direct Growth is calculated against null. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Bank of India Manufacturing & Infra Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bank of India Manufacturing & Infra Fund Direct Growth | 1.32 | 1.1 | 0.98 |
As on March 2025
The Beta for Bank of India Manufacturing & Infra Fund Direct Growth is calculated with null. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Bank of India Manufacturing & Infra Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bank of India Manufacturing & Infra Fund Direct Growth | 0.11 | 0.9 | 1.54 |
As on March 2025
The sharpe ratio for Bank of India Manufacturing & Infra Fund Direct Growth is calculated with null. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Bank of India Manufacturing & Infra Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bank of India Manufacturing & Infra Fund Direct Growth | 22.74 | 17.58 | 17.03 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.47 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.36 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Nitin Gosar is the fund manager of Bank of India Manufacturing & Infra Fund Direct Growth
The Exit load of Bank of India Manufacturing & Infra Fund Direct Growth is 1%