Bank of India Large & Mid Cap Equity Fund Direct Plan Growth
Equity
Direct
Large & Mid-Cap
NAV: ₹ 90.12 as on 22-04-2024
Fund Performance
39 people have invested ₹ 3.6L in Bank of India Large & Mid Cap Equity Fund Direct Plan Growth in the last three months
Mutual Fund Insights
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 32.2% return, outperforming this fund by 8.65% per annum.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 27.5% return, outperforming this fund by 7.25% per annum.
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 65.73% return, outperforming this fund by 21.07%.
Over the last 6 months, this fund has experienced a 23.6% growth in AUM moving from 236.99 Cr to 292.85 Cr.
INDmoney Rank of Bank of India Large & Mid Cap Equity Fund Direct Plan Growth
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IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the Bank of India Large & Mid Cap Equity Fund Direct Plan Growth
Bank of India Large & Mid Cap Equity Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Nitin Gosar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bank of India Large & Mid Cap Equity Fund Direct Plan Growth has ₹293 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 Large & Mid Cap Equity Fund Direct Plan Growth Overview
 | 1.4% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹293 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 89.45% |
Bank of India Large & Mid Cap Equity Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
51.2%
Mid cap
35.6%
Small cap
11.9%
Sector Allocation
Financial Services
27.5%
Basic Materials
12.9%
Consumer Cyclical
11.7%
Industrial
11.7%
Health
10.5%
Energy
7.9%
Tech
6.8%
Communication
4.3%
Utilities
2.8%
Consumer Defensive
2.5%
Real Estate
1.3%
Top Holdings of Bank of India Large & Mid Cap Equity Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings60
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.83% | 3.3% | |
 Reliance Industries Ltd | 6% | 0% | |
 Larsen & Toubro Ltd | 5.02% | 0% | |
 Hero MotoCorp Ltd | 3.6% | 0% | |
 State Bank of India | 3.45% | 0% |
See all
Bank of India Large & Mid Cap Equity Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.76% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.47% as on Mar'24
- This fund outperformed NIFTY 500 by 1.23% in Mar'24
AUM Change
- AUM of the fund stands at 292.9 Cr as of Mar'24
- AUM increased by 3.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Bank of India Large & Mid Cap Equity Fund Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Indus Towers Ltd | 38.8% |
 Avenue Supermarts Ltd | 20.1% |
 Larsen & Toubro Ltd | 4% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Infosys Ltd | -7.9% |
 J K Cements Ltd | 4.8% |
Peer Analysis
Bank of India Large & Mid Cap Equity Fund Direct Plan Growth Fund Manager
Nitin Gosar
Fund Manager of Bank of India Large & Mid Cap Equity Fund Direct Plan Growth, since 27 September 2022
Top funds managed
Bank of India Large & Mid Cap Equity Fund Direct Plan 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 15.07% since inception which is less than its category average return of 15.96%
Fund Allocations
This fund has an allocation of 98.65% in Equity, 0.05% in Debt and 1.3% in Cash related instruments
AUM size ₹293 Cr
This fund has AUM of ₹293 Cr which is less than its category average of ₹ 6088 Cr
Expense Ratio 1.4%
This fund has an expense ratio of 1.4% which is more than its category average expense ratio of 1.36%
Frequently Asked Questions
The current NAV of Bank of India Large & Mid Cap Equity Fund Direct Plan Growth is ₹90.12 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Bank of India Large & Mid Cap Equity Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.42% | 3.42% |
6 Month Returns | 24.13% | 24.13% |
1 Year Returns | 44.65% | 44.65% |
3 Years Returns | 88.61% | 23.55% |
5 Years Returns | 151.45% | 20.25% |
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1.4% as on March 2024
₹293 Cr as on March 2024
HDFC Bank Ltd(7.83%), Reliance Industries Ltd(6%), Larsen & Toubro Ltd(5.02%), Hero MotoCorp Ltd(3.6%), State Bank of India(3.45%) as on March 2024
Financial Services(27.16%), Basic Materials(12.69%), Consumer Cyclical(11.57%) as on March 2024
The alpha ratio for the Bank of India Large & Mid Cap Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bank of India Large & Mid Cap Equity Fund Direct Plan Growth | 4.61 | 3.98 | 3.14 |
As on March 2024
The alpha for Bank of India Large & Mid Cap Equity Fund Direct Plan Growth is calculated against S&P BSE 200 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 Large & Mid Cap Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bank of India Large & Mid Cap Equity Fund Direct Plan Growth | 0.99 | 0.94 | 0.93 |
As on March 2024
The Beta for Bank of India Large & Mid Cap Equity Fund Direct Plan Growth is calculated with S&P BSE 200 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 Large & Mid Cap Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bank of India Large & Mid Cap Equity Fund Direct Plan Growth | 2.78 | 1.2 | 0.82 |
As on March 2024
The sharpe ratio for Bank of India Large & Mid Cap Equity Fund Direct Plan Growth is calculated with S&P BSE 200 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 Large & Mid Cap Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bank of India Large & Mid Cap Equity Fund Direct Plan Growth | 11.21 | 13.37 | 18.11 |
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.
Sortino ratio is 2.36 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.78 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Nitin Gosar is the fund manager of Bank of India Large & Mid Cap Equity Fund Direct Plan Growth
The Exit load of Bank of India Large & Mid Cap Equity Fund Direct Plan Growth is 1%