Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment
Equity
Direct
Equity - Infrastructure
NAV: ₹ 34.7 as on 31-05-2023
Fund Performance
1 people have invested ₹ 12.2K in Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment in the last three months
About the Fund
Bank of India Manufacturing & Infra Direct Plan Regular Reinvestment of Income Dist cum Cap Wdrl is an equity fund. This fund was started on 21 January, 2013. The fund is managed by Nitin Gosar. The fund could potentially beat inflation in the long-run.
Key parameters
1) Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment has a NAV of ₹34.73 as on 31-05-2023.
2) Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment has ₹95 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
3) The fund has an expense ratio 1.26 %.
Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment Overview
 | 1.26% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹95 Cr |
 | 21 January, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 47.69% |
Fund Distribution as on (30-Apr-23)
Size breakup
Large cap
45.2%
Mid cap
26.7%
Small cap
24.1%
Sector Allocation
Industrial
38.3%
Basic Materials
19.7%
Utilities
11.7%
Consumer Cyclical
10.4%
Energy
8.9%
Health
4.4%
Communication
3%
Consumer Defensive
2.2%
Real Estate
1.3%
Top Holdings of Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment as on (31-May-23)
Equity Holdings50
Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 1.58% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.73% as on Apr'23
- This fund outperformed Nifty 500 by 2.31% in Apr'23
AUM Change
- AUM of the fund stands at 95 Cr as of Apr'23
- AUM increased by 5.4 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Gainers & Losers in Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment portfolio as on (30-Apr-23)
Top Growth Drivers | 1M Return |
|---|---|
 Rail Vikas Nigam Ltd | 42.7% |
 Indraprastha Gas Ltd | 17.8% |
 Larsen & Toubro Ltd | 9% |
Top Losers | 1M Return |
|---|---|
 Rolex Rings Ltd | -9.8% |
 AIA Engineering Ltd | -8% |
 NTPC Ltd | -3.3% |
Peer Analysis
Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment Fund Manager
Nitin Gosar
Fund Manager of Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment, since 27 September 2022
Top funds managed
Fund 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 16.72% since inception which is more than its category average return of 11.33%
Fund Allocations
This fund has an allocation of 96.05% in Equity, 0.1% in Debt and 3.85% in Cash related instruments
AUM size ₹95 Cr
This fund has AUM of ₹95 Cr which is less than its category average of ₹ 720 Cr
Expense Ratio 1.26%
This fund has an expense ratio of 1.26% which is less than its category average expense ratio of 1.94%
Frequently Asked Questions
The current NAV of Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment is ₹34.73 as on 31-May-2023.
Existing (Absolute + CAGR) as on 31-May-2023.
Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment | Absolute Returns | CAGR Returns |
1 Month Returns | 2.87% | 2.87% |
6 Month Returns | 6.11% | 6.11% |
1 Year Returns | 23.55% | 23.55% |
3 Years Returns | 153.32% | 36.32% |
5 Years Returns | 88.85% | 13.56% |
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1.26% as on May 2023
₹95 Cr as on May 2023
Larsen & Toubro Ltd(9.74%), NTPC Ltd Shs Dematerialised(4.95%), UltraTech Cement Ltd(3.35%), Power Grid Corp Of India Ltd(3.18%), Reliance Industries Ltd(3.08%) as on May 2023
Industrial(36.8%), Basic Materials(18.97%), Utilities(11.23%) as on January 1
The alpha ratio for the Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment | 10.09 | 9.16 | 1.42 |
As on May 2023
The alpha for Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment 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 And Infrastructure Fund Direct Regular IDCW Reinvestment for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment | 0.84 | 0.87 | 0.97 |
As on May 2023
The Beta for Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment 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 And Infrastructure Fund Direct Regular IDCW Reinvestment for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment | 0.42 | 1.72 | 0.38 |
As on May 2023
The sharpe ratio for Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment 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 And Infrastructure Fund Direct Regular IDCW Reinvestment for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment | 16.34 | 15.27 | 21.41 |
As on May 2023
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 3.95 as on May 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.12 as on May 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Nitin Gosar is the fund manager of Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment
The Exit load of Bank Of India Manufacturing And Infrastructure Fund Direct Regular IDCW Reinvestment is 1%