Bank of India Small Cap Fund Direct Growth

Bank of India Small Cap Fund Direct Growth

Equity

Direct

Small-Cap

NAV as on 13-03-2025

₹ 43.22

-0.6%

1D

Inception Returns

26.5%

/yr

About Bank of India Small Cap Fund Direct Growth

Bank of India Small Cap Fund Direct Growth is an equity fund. This fund was started on 19 December, 2018. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Bank of India Small Cap Fund Direct Growth has ₹1390 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Bank of India Small Cap Fund Direct Growth has given a CAGR return of 26.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.13%, 17.39% and 31.91% respectively.

Holdings

Bank of India Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Financial Services, Health, Consumer Cyclical, Tech, Consumer Defensive, Government, Utilities, Energy, Communication. Its top holdings are Lloyds Metals & Energy Ltd, Ami Organics Ltd, Vijaya Diagnostic Centre Ltd, CarTrade Tech Ltd, PG Electroplast Ltd

Taxation

As it is a small-cap 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 benefit
Dividends 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 Small Cap Fund Direct Growth

The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity-related securities of small cap companies. However, there can be no assurance that the investment objectives of the Scheme will be realized.

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 Small Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
7478 people have invested ₹ 4.4Cr in Bank of India Small Cap Fund Direct Growth in the last three months

INDmoney Rank for Bank of India Small Cap Fund Direct Growth

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IND ranking is not available for this fund.
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5Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

Bank of India Small Cap Fund Direct Growth Overview

Expense ratio0.48%
Benchmark
S&P BSE Smallcap TR INR
AUM₹1390 Cr
Inception Date19 December, 2018
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
67.21%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (13-Mar-25)

Period
Bank of India Small Cap Fund Direct Growth
Nifty Smallcap 250
small-cap
1M
-5.6%
-2.8%
-5.8%
3M
-23.4%
-23.2%
-21.2%
6M
-22.5%
-24.1%
-21.4%
1Y
11.1%
1.2%
7.8%
3Y
17.4%
15.4%
16.6%
5Y
31.9%
29.6%
28.8%

Fund Distribution

as on (31-Jan-25)

  • Equity 94.7%

  • Debt & Cash 5.3%

Small cap
79.6%

Mid cap
11.6%

Large cap
2.3%

Sector Allocation

Feb'25

Jan'25

Dec'24

Industrial
19.6%
Basic Materials
18.5%
Financial Services
16.4%
Health
12.5%
Consumer Cyclical
11.5%
Tech
9%
Consumer Defensive
6.2%
Utilities
2.5%
Energy
2.2%
Communication
1.7%
All changes are between Nov'24 and Jan'25
Dec'24
Nov'24
Fund Returns
-1.22%
0.99%
Nifty Smallcap 250
-0.49%
-1.24%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 1.4K Cr
₹ 1.6K Cr
₹ 1.7K Cr
  • AUM of the fund stands at 1.4K Cr as of Feb'25
  • AUM decreased by 165.9 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Housing & Urban Development Corp Ltd's allocation increased from 1.56% to 2.55%
Housing & Urban Development Corp Ltd's allocation increased from 1.56% to 2.55%
PG Electroplast Ltd's allocation increased from 0.77% to 1.61%
PG Electroplast Ltd's allocation increased from 0.77% to 1.61%
Wockhardt Ltd's allocation increased from 1.28% to 1.82%
Wockhardt Ltd's allocation increased from 1.28% to 1.82%
Top Stocks sold last month
NTPC Green Energy Ltd's allocation decreased from 2.85 % to 2.74 %
NTPC Green Energy Ltd's allocation decreased from 2.85 % to 2.74 %
Kaynes Technology India Ltd's allocation decreased from 3.13 % to 2.31 %
Kaynes Technology India Ltd's allocation decreased from 3.13 % to 2.31 %
Radico Khaitan Ltd's allocation decreased from 2.48 % to 2.21 %
Radico Khaitan Ltd's allocation decreased from 2.48 % to 2.21 %
Large Cap allocation has gone down from 2.7% to 2.3%
Large Cap allocation has gone down from 2.7% to 2.3%
Small Cap allocation has gone down from 81.1% to 79.6%
Small Cap allocation has gone down from 81.1% to 79.6%
Mid Cap allocation has gone down from 12.3% to 11.6%
Mid Cap allocation has gone down from 12.3% to 11.6%
Cash allocation has gone up from 3.7% to 5.1%
Cash allocation has gone up from 3.7% to 5.1%
Debt allocation has gone up from 0.2% to 0.2%
Debt allocation has gone up from 0.2% to 0.2%

Top 3 Sectors in February were Industrial, Basic Materials & Financial Services

Feb'25
Industrial
20%
Basic Materials
18%
Financial Services
16%
Jan'25
Industrial
19%
Basic Materials
19%
Financial Services
16%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
71
72
71
Top 5 Company Concentration
14.5%
14.4%
13%
Company having highest exposure
Ami Organics Ltd (3.3%)
Kaynes Technology India Ltd (3.1%)
Vijaya Diagnostic Centre Ltd (3%)
No of Sectors
11
10
8
Top 5 Sectors Concentration
78.9%
78.7%
85.3%
Sector having highest exposure
Industrial (19.2%)
Industrial (21.4%)
Industrial (23.9%)
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Fund House
Bank of India Investment Managers Private Limited
Total AUM
₹11.83K Cr
as on 31-Jan-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

Insights icon
This fund has one of the lowest expense ratio in the category (small-cap). Its expense ratio is 0.48% which is lower than the category average expense ratio of 1.19%.
Insights icon
In the last 1 year, Motilal Oswal Small Cap Fund Direct Growth has given 24.89% return, outperforming this fund by 13.76%.
Insights icon
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 45.75% return, outperforming this fund by 13.83% per annum.
Insights icon
In the last 3 years, Bandhan Small Cap Fund Direct Growth has given 25.48% return, outperforming this fund by 8.09% per annum.
Insights icon
Over the last 3 months, this fund has experienced a 13.9% drop in AUM moving from 1.61K Cr to 1.38K Cr.

Bank of India Small Cap Fund Direct Growth 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 26.48% since inception which is more than its category average return of 15.58%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.69% in Equity, 0.2% in Debt and 5.11% in Cash related instruments
AUM size ₹1390 Cr

AUM size ₹1390 Cr

This fund has AUM of ₹1390 Cr which is less than its category average of ₹ 9338 Cr
Expense Ratio 0.48%

Expense Ratio 0.48%

This fund has an expense ratio of 0.48% which is less than its category average expense ratio of 1.28%

Frequently Asked Questions for Bank of India Small Cap Fund Direct Growth

The current NAV of Bank of India Small Cap Fund Direct Growth is ₹43.22 as on 13-Mar-2025.
Existing (Absolute + CAGR) as on 13-Mar-2025.
Bank of India Small Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-5.59%
-5.59%
6 Month Returns
-22.54%
-22.54%
1 Year Returns
11.13%
11.13%
3 Years Returns
61.75%
17.39%
5 Years Returns
299.45%
31.91%
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0.48% as on February 2025
₹1390 Cr as on February 2025
Lloyds Metals & Energy Ltd(3.12%), Ami Organics Ltd(2.96%), Vijaya Diagnostic Centre Ltd(2.72%), CarTrade Tech Ltd(2.66%), PG Electroplast Ltd(2.52%) as on February 2025
Industrial(18.58%), Basic Materials(17.48%), Financial Services(15.52%) as on January 1
The alpha ratio for the Bank of India Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Bank of India Small Cap Fund Direct Growth
8.14
1.44
6.08
As on February 2025
The alpha for Bank of India Small Cap Fund Direct Growth is calculated against S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Bank of India Small Cap Fund Direct Growth
0.98
0.85
0.81
As on February 2025
The Beta for Bank of India Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small 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 Small Cap Fund Direct Growth
-0.12
0.61
1.01
As on February 2025
The sharpe ratio for Bank of India Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small 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 Small Cap Fund Direct Growth
24.18
18.15
22.39
As on February 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 0.93 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.02 as on February 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Bank of India Small Cap Fund Direct Growth is 1%