INF761K01702

CASPeR Ranking #67

Bank of India Manufacturing & Infra Direct Plan Growth

Very High Risk Equity - Infrastructure Equity

NAV (Tue Sep 17 2024)

₹69

Returns (Since Inception)

30.63%

Category Average

30.23%

Rating

5

Allocation and Holdings

Asset class

Weightage

Utilities

5.41%

Energy

11.36%

Industrials

5.05%

Basic Materials

9.01%

Communication Services

3.88%

Consumer Cyclical

2.50%

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Overall rating

100K+Downloads

Scheme Information

Fund name

Bank of India Manufacturing & Infra Direct Plan Growth


Minimum SIP

1000


Risk Level

Very High Risk


AUM

₹502.75 Cr


ISIN

INF761K01702


Inception Date

Jan 01 2013


Standard Deviation

14.013


Beta

-


Sharpe Ratio

1.692


Benchmark

S&P BSE India Infrastructure TR INR


Expense Ratio

0.940%


Exit Load

Exit Load For redemption/switch out upto 10% of the initial units allotted -within 1 year from the date of allotment: NIL. Any redemption/switch out - in excess of the above mentioned limit would be subject to an exit load of 1%, if the units are redeemed/switched out within 1 year from the date of allotment of units. If the units are redeemed/switched out after 1 year from the date of allotment of units : Nil

Risk

Very High Risk

Investment Objective

The Scheme seeks to generate long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in manufacturing and infrastructure related sectors. Further, there can be no assurance that the investment objectives of the scheme will be realized. The Scheme is not providing any assured or guaranteed returns.

Fund Managers

Alok Singh

About the AMC

Bank of India Investment Managers Private Limited


Phone Number

+91 22 40479000

Email Address

service@boimf.in

Corporate Office Address

Bank of India Investment Managers Private Limited,B/204, Tower 1, Peninsula Corporate Park,,Ganpatrao Kadam Marg,,Lower Parel, Mumba

Overall AUM

₹502.75 Cr


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frequently asked questions

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What is the current NAV of Bank of India Manufacturing & Infra Direct Plan Growth?

The NAV of Bank of India Manufacturing & Infra Direct Plan Growth is ₹69 as of Tue Sep 17 2024.

Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.

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Who is the fund manager of Bank of India Manufacturing & Infra Direct Plan Growth?

Alok Singh is the current fund manager of Bank of India Manufacturing & Infra Direct Plan Growth as on Wed Sep 18 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.

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What is the expense ratio of Bank of India Manufacturing & Infra Direct Plan Growth?

The Expense Ratio of Bank of India Manufacturing & Infra Direct Plan Growth is 94.00% as of Wed Sep 18 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 94.00% of those returns will be retained by the AMC.

The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).

Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.

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What is the minimum SIP amount of Bank of India Manufacturing & Infra Direct Plan Growth?

The minimum Systematic Investment Plan (SIP) amount required for Bank of India Manufacturing & Infra Direct Plan Growth is ₹1,000. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.

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What is the minimum lump sum amount required to invest in Bank of India Manufacturing & Infra Direct Plan Growth?

To initiate a lump sum investment in Bank of India Manufacturing & Infra Direct Plan Growth, a minimum initial amount of ₹5,000 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.

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What is risk category of the Bank of India Manufacturing & Infra Direct Plan Growth?

In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of Bank of India Manufacturing & Infra Direct Plan Growth is classified as Very High Risk.

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What is the category of Bank of India Manufacturing & Infra Direct Plan Growth?

The category of the Bank of India Manufacturing & Infra Direct Plan Growth is Equity.

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