Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl

Equity
Direct
Equity - Infrastructure
Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl

About the Fund

Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl is an equity fund. This fund was started on 21 May, 2014. The fund is managed by Nitin Gosar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl has ₹405 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl has given a CAGR return of 20.04% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 67.52%, 33.07% and 32.45% respectively.

Holdings

Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Consumer Cyclical, Energy, Communication, Utilities, Health, Tech, Consumer Defensive, Real Estate, Government. Its top holdings are Reliance Industries Ltd, Larsen & Toubro Ltd, Indus Towers Ltd Ordinary Shares, NTPC Ltd, ITD Cementation India 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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl

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 Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
4 people have invested ₹ 23K in Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.94%
Benchmark
S&P BSE 500 India TR INR
AUM₹405 Cr
Inception Date21 May, 2014
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
73.09%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 94.6%

  • Debt & Cash 5.4%

Small cap
39.3%

Mid cap
29%

Large cap
26.3%

Sector Allocation

Jun'24

May'24

Apr'24

Industrial
30.7%
Basic Materials
18%
Consumer Cyclical
13%
Energy
10.8%
Communication
8.3%
Utilities
5.4%
Health
4.5%
Tech
3.4%
Consumer Defensive
3.2%
Real Estate
2.7%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Titagarh Rail Systems Ltd
Titagarh Rail Systems Ltd
12.9%

Nitin Gosar
Nitin Gosar
Fund Manager of Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl, since 27 September 2022

Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 20.04% since inception which is more than its category average return of 15.04%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.64% in Equity, 0.02% in Debt and 5.34% in Cash related instruments
AUM size ₹405 Cr

AUM size ₹405 Cr

This fund has AUM of ₹405 Cr which is less than its category average of ₹ 1826 Cr
Expense Ratio 0.94%

Expense Ratio 0.94%

This fund has an expense ratio of 0.94% which is less than its category average expense ratio of 1.71%

Frequently Asked Questions

The current NAV of Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl is ₹65.87 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.44%
5.44%
6 Month Returns
29.09%
29.09%
1 Year Returns
67.52%
67.52%
3 Years Returns
135.62%
33.07%
5 Years Returns
307.65%
32.45%
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0.94% as on June 2024
₹405 Cr as on June 2024
Reliance Industries Ltd(6.04%), Larsen & Toubro Ltd(4.82%), Indus Towers Ltd Ordinary Shares(4.03%), NTPC Ltd(3.46%), ITD Cementation India Ltd(2.95%) as on June 2024
Industrial(29.07%), Basic Materials(17.02%), Consumer Cyclical(12.34%) as on June 2024
The alpha ratio for the Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl
21.2
11.27
10.24
As on June 2024
The alpha for Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl is calculated against S&P BSE 500 India TR INR. 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 Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl
0.94
0.93
0.91
As on June 2024
The Beta for Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl is calculated with S&P BSE 500 India TR INR. 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 Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl 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 Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl
3.82
1.71
1.26
As on June 2024
The sharpe ratio for Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl is calculated with S&P BSE 500 India TR INR. 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 Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl 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 Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl
12.09
14.05
19.07
As on June 2024
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 3.57 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.86 as on June 2024. 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 Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl
The Exit load of Bank of India Manufacturing & Infra Direct Plan Quarterly Payout of Income Dist cum Cap Wdrl is 1%