Bank of India Multi Cap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV: ₹ 16.29 as on 02-05-2024
About the Fund
Bank of India Multi Cap Fund Direct Growth is an equity fund. This fund was started on 3 March, 2023. The fund is managed by Nitin Gosar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bank of India Multi Cap Fund Direct Growth has ₹453 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.4.
Fund Performance
108 people have invested ₹ 12.2L in Bank of India Multi Cap Fund Direct Growth in the last three months
Overview
 | 1.44% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹453 Cr |
 | 3 March, 2023 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 20.59% |
Bank of India Multi Cap Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
40.2%
Mid cap
31.5%
Small cap
25.5%
Sector Allocation
Financial Services
22.2%
Basic Materials
14.7%
Consumer Cyclical
12.9%
Industrial
12.3%
Health
10.6%
Energy
7.7%
Tech
6.2%
Communication
4.4%
Utilities
4.2%
Consumer Defensive
2.8%
Real Estate
2%
Top Holdings of Bank of India Multi Cap Fund Direct Growth as on (30-Apr-24)
Equity Holdings74
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Ltd | 4.78% | 0% | |
 HDFC Bank Ltd | 4.67% | 5.5% | |
 Larsen & Toubro Ltd | 3.65% | 0% | |
 NTPC Ltd | 3.03% | 0% | |
 Hero MotoCorp Ltd | 2.89% | 0% |
See all
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Aegis Logistics Ltd | 59.4% |
 Indus Towers Ltd | 16.4% |
 ITD Cementation India Ltd | 11% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.07% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.53% in Mar'24
AUM Change
- AUM of the fund stands at 439.9 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Nitin Gosar
Fund Manager of Bank of India Multi Cap Fund Direct Growth, since 3 March 2023
Top funds managed
Bank of India Multi Cap 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 51.85% since inception which is more than its category average return of 15.28%
Fund Allocations
This fund has an allocation of 97.21% in Equity, 0.02% in Debt and 2.77% in Cash related instruments
AUM size ₹453 Cr
This fund has AUM of ₹453 Cr which is less than its category average of ₹ 3094 Cr
Expense Ratio 1.44%
This fund has an expense ratio of 1.44% which is more than its category average expense ratio of 1.29%
Frequently Asked Questions
The current NAV of Bank of India Multi Cap Fund Direct Growth is ₹16.29 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Bank of India Multi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.56% | 6.56% |
6 Month Returns | 30.97% | 30.97% |
1 Year Returns | 54.67% | 54.67% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
1.44% as on April 2024
₹453 Cr as on April 2024
Reliance Industries Ltd(4.78%), HDFC Bank Ltd(4.67%), Larsen & Toubro Ltd(3.65%), NTPC Ltd(3.03%), Hero MotoCorp Ltd(2.89%) as on April 2024
Financial Services(21.62%), Basic Materials(14.29%), Consumer Cyclical(12.55%) as on April 2024
The alpha ratio for the Bank of India Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bank of India Multi Cap Fund Direct Growth | - | - | - |
As on April 2024
The alpha for Bank of India Multi Cap Fund Direct Growth 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 Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bank of India Multi Cap Fund Direct Growth | - | - | - |
As on April 2024
The Beta for Bank of India Multi Cap Fund Direct Growth 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 Multi Cap 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 Multi Cap Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for Bank of India Multi Cap Fund Direct Growth 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 Multi Cap 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 Multi Cap Fund Direct Growth | 11.09 | - | - |
As on April 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.
Nitin Gosar is the fund manager of Bank of India Multi Cap Fund Direct Growth
The Exit load of Bank of India Multi Cap Fund Direct Growth is 1%