Bank of India Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV: ₹ 34.58 as on 16-05-2024
About the Fund
Bank of India Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 29 June, 2020. The fund is managed by Alok Singh. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bank of India Flexi Cap Fund Direct Growth has ₹879 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Fund Performance
865 people have invested ₹ 1.3Cr in Bank of India Flexi Cap Fund Direct Growth in the last three months
Overview
 | 0.93% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹879 Cr |
 | 29 June, 2020 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 44.03% |
Bank of India Flexi Cap Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
42.7%
Mid cap
26.4%
Small cap
23.8%
Sector Allocation
Financial Services
25.4%
Basic Materials
16.3%
Industrial
15.5%
Consumer Cyclical
12%
Energy
8.8%
Health
5.7%
Tech
4%
Consumer Defensive
3.9%
Utilities
3.6%
Real Estate
3%
Communication
1.8%
Top Holdings of Bank of India Flexi Cap Fund Direct Growth as on (30-Apr-24)
Equity Holdings66
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Vedanta Ltd | 16.7% |
 Hindustan Aeronautics Ltd | 12.3% |
Top Losers | 1M Return |
|---|---|
 HCL Technologies Ltd | -12.2% |
 Swan Energy Ltd | -10.6% |
 Larsen & Toubro Ltd | -6.2% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 7.23% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
- This fund outperformed Nifty 500 by 4.77% in Apr'24
AUM Change
- AUM of the fund stands at 879.3 Cr as of Apr'24
- AUM increased by 135.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
INDmoney Rank
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IND ranking is not available for this fund.
Pros
3Y returns in the top 25% of the category
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Alok Singh
Fund Manager of Bank of India Flexi Cap Fund Direct Growth, since 29 June 2020
Top funds managed
Bank of India Flexi 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 37.13% since inception which is more than its category average return of 18%
Fund Allocations
This fund has an allocation of 92.86% in Equity, 0.01% in Debt and 7.13% in Cash related instruments
AUM size ₹879 Cr
This fund has AUM of ₹879 Cr which is less than its category average of ₹ 7427 Cr
Expense Ratio 0.93%
This fund has an expense ratio of 0.93% which is less than its category average expense ratio of 1.33%
Frequently Asked Questions
The current NAV of Bank of India Flexi Cap Fund Direct Growth is ₹34.58 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Bank of India Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.13% | 1.13% |
6 Month Returns | 31.2% | 31.2% |
1 Year Returns | 60.89% | 60.89% |
3 Years Returns | 115.06% | 29.08% |
5 Years Returns | 0% | 0% |
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.93% as on April 2024
₹879 Cr as on April 2024
State Bank of India(4.25%), Hindustan Aeronautics Ltd Ordinary Shares(3.58%), Vedanta Ltd(3.4%), HDFC Bank Ltd(2.97%), Reliance Industries Ltd(2.8%) as on April 2024
Financial Services(23.57%), Basic Materials(15.16%), Industrial(14.44%) as on April 2024
The alpha ratio for the Bank of India Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bank of India Flexi Cap Fund Direct Growth | 15.06 | 7.6 | - |
As on April 2024
The alpha for Bank of India Flexi 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bank of India Flexi Cap Fund Direct Growth | 1.1 | 1.02 | - |
As on April 2024
The Beta for Bank of India Flexi 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 Flexi 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 Flexi Cap Fund Direct Growth | 3.27 | 1.47 | - |
As on April 2024
The sharpe ratio for Bank of India Flexi 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 Flexi 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 Flexi Cap Fund Direct Growth | 13.57 | 15.03 | - |
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.
Sortino ratio is 3.05 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.41 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Alok Singh is the fund manager of Bank of India Flexi Cap Fund Direct Growth
The Exit load of Bank of India Flexi Cap Fund Direct Growth is 1%