Bank of India Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl
Equity
Direct
Multi-Cap
NAV: ₹ 15.95 as on 23-04-2024
Fund Performance
3 people have invested ₹ 3K in Bank of India Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl in the last three months
About the Bank of India Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl
Bank of India Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl 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 Payout of Income Dist cum Cap Wdrl 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.
Bank of India Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl 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 Payout of Income Dist cum Cap Wdrl 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 Payout of Income Dist cum Cap Wdrl as on (31-Mar-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
Bank of India Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl: 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
Gainers & Losers in Bank of India Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Indus Towers Ltd | 38.8% |
 Century Textiles & Industries Ltd | 33.7% |
 Avenue Supermarts Ltd | 20.1% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
IRM Energy Ltd | 7.3% |
 AXISCADES Technologies Ltd | 20.1% |
Peer Analysis
Bank of India Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl Fund Manager
Nitin Gosar
Fund Manager of Bank of India Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl, since 3 March 2023
Top funds managed
Bank of India Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl 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 49.2% since inception which is more than its category average return of 14.73%
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 Payout of Income Dist cum Cap Wdrl is ₹15.95 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Bank of India Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 5.13% | 5.13% |
6 Month Returns | 28.06% | 28.06% |
1 Year Returns | 55.41% | 55.41% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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1.44% as on March 2024
₹453 Cr as on March 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 March 2024
Financial Services(21.62%), Basic Materials(14.29%), Consumer Cyclical(12.55%) as on March 2024
The alpha ratio for the Bank of India Multi Cap Fund Direct 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 Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl | 5.55 | - | - |
As on March 2024
The alpha for Bank of India Multi Cap Fund Direct 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 Multi Cap Fund Direct 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 Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl | 0.93 | - | - |
As on March 2024
The Beta for Bank of India Multi Cap Fund Direct 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 Multi Cap Fund Direct 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 Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl | 3.37 | - | - |
As on March 2024
The sharpe ratio for Bank of India Multi Cap Fund Direct 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 Multi Cap Fund Direct 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 Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl | 10.84 | - | - |
As on March 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 Payout of Income Dist cum Cap Wdrl
The Exit load of Bank of India Multi Cap Fund Direct Payout of Income Dist cum Cap Wdrl is 1%