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4 star

Bank of India Manufacturing & Infrastructure Fund download report


1 Lakh

Investment Grown to
₹ 1.63 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.87 Lakh

Suitability:

This is a fund that invests mainly in shares of companies engaged in infrastructure-related activities or are expected to benefit from them.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other infrastructure fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Bank of India Manufacturing & Infrastructure-G -12.87 0.71 2.77 -0.93 -8.15 -11.58 1.63 17.73 11.86 11.00 12.75
S&P BSE India Infrastructure TRI -4.62 0.81 2.27 -3.70 -8.45 -3.80 7.90 9.89 6.53 7.38 11.41
Equity: Sectoral-Infrastructure -8.55 0.43 2.42 -2.25 -5.43 -7.81 5.19 12.54 8.72 9.24 12.20
Rank within category 20 5 5 3 19 20 17 2 3 2 8
Number of funds in category 21 21 21 21 21 21 21 21 21 20 19

As on 28-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Bank of India Manufacturing & Infrastructure Fund  | Invest Online
4 star
Mar-10 1.63 17.73 11.86 2.56% 71
Tata Infrastructure Fund - Regular Plan  | Invest Online
4 star
Dec-04 8.83 13.15 10.00 2.27% 820
SBI Infrastructure Fund  | Invest Online
4 star
Jul-07 7.66 13.37 10.50 2.45% 795
Quant Infrastructure Fund
5 star
Aug-07 11.53 29.11 20.88 2.39% 573
Invesco India Infrastructure Fund  | Invest Online
5 star
Nov-07 6.59 17.31 12.77 2.56% 424

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 12.95 12-May-2014 - 19-May-2014 -17.83 16-Mar-2020 - 23-Mar-2020
Month 29.26 07-May-2014 - 06-Jun-2014 -32.12 20-Feb-2020 - 23-Mar-2020
Quarter 43.09 03-Mar-2014 - 02-Jun-2014 -25.88 23-Dec-2019 - 23-Mar-2020
Year 100.36 23-Mar-2020 - 23-Mar-2021 -31.86 31-Dec-2010 - 02-Jan-2012

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Bank of India Manufacturing & Infrastructure-G 19.01 22.02 0.70 0.83 0.64 7.89
S&P BSE India Infrastructure TRI 15.33 29.38 0.40 0.57 -- --
Equity: Sectoral-Infrastructure 16.47 25.75 0.51 0.58 0.79 3.56
Rank within category 3 2 3 3 1 3
Number of funds in category 21 21 21 21 21 21

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 48
Top 10 Stocks (%) 35.89
Top 5 Stocks (%) 20.15
Top 3 Sectors (%) 56.78
Portfolio P/B Ratio 2.99
Portfolio P/E Ratio 17.93

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 27,897 53,313
Giant (%) 16.26 34.59
Large (%) 15.35 13.45
Mid (%) 41.20 28.60
Small (%) 27.19 24.28
Tiny (%) -- 1.67

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Larsen & Toubro Construction 25.15 6.54 2.31 4.64
down Tube Investments Of India Automobile 43.98 5.20 0.00 4.08
up Reliance Industries Energy 28.19 7.35 0.00 4.06
equal NTPC Energy 8.84 3.76 0.00 3.76
equal ABB India Ltd. Capital Goods 64.39 3.61 0.00 3.61
equal APL Apollo Tubes Metals & Mining 37.37 3.98 0.42 3.42
equal Ultratech Cement Materials 21.91 4.04 0.00 3.41
up Tata Steel Metals & Mining 2.68 3.18 0.00 3.18
equal Birla Corporation Materials 17.01 3.36 0.00 3.01
equal Balrampur Chini Mills Consumer Staples 16.10 3.15 0.00 2.72
up Coal India Materials 6.62 2.60 0.00 2.60
up Kei Industries Capital Goods 28.06 2.51 0.00 2.51
equal Brigade Enterprises Construction 124.27 2.76 0.82 2.41
equal Grindwell Norton Metals & Mining 61.75 2.70 0.88 2.40
up Rolex Rings Capital Goods 33.29 2.34 0.00 2.34
equal Borosil Renewables Materials 52.26 2.34 0.00 2.30
equal Siemens Capital Goods 80.59 3.67 0.00 2.22
equal KPR Mills Textiles 20.88 2.26 0.00 2.12
equal KNR Constructions Construction 17.29 3.52 1.26 2.12
up Praj Industries Capital Goods 43.61 2.02 0.00 2.02
equal Esab India Capital Goods 66.50 2.12 0.00 2.01
equal Astral Materials 67.85 2.91 1.28 1.99
equal Timken India Capital Goods 56.05 3.81 0.94 1.92
equal Kalpataru Power Trans Capital Goods 9.96 4.30 0.00 1.82
equal Chambal Fertilisers & Chem. Chemicals 7.17 2.15 0.00 1.81

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— Alok Singh since 16-Feb-2017

Education: Mr. Singh is a CFA and PGDBA from ICFAI Business School.

Experience: Prior to joining BOI AXA AMC he has worked with BNP Paribas Asset Management and Axis Bank

Funds Managed:


0.71%

Change from previous, NAV as on 28-Jun-2022

Growth: ₹ 25.5800

IDCW Quarterly: ₹ 16.6100

IDCW: ₹ 16.3100


Investment Strategy

The scheme seeks long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in manufacturing and infrastructure and related sectors.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Bank of India Mutual Fund
Launch Date: 05-Mar-2010
Return Since Launch: 7.92%
Benchmark: S&P BSE India Infrastructure TRI (50), S&P BSE India Manufacturing TRI (50)
Riskometer: Very High
Type: Open-ended
Assets: ₹ 71 Cr (As on 31-May-2022)
Expense: 2.56% (As on 31-May-2022)
Risk Grade: Low
Return Grade: Above Average
Turnover: 46.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW29-Jul-20210.4000

 25-Jun-20190.4427
 25-Mar-20190.8854
 26-Dec-20180.8854
 26-Mar-20182.0000
 27-Mar-20171.0000
IDCW Quarterly25-Jun-20190.3940

 25-Mar-20190.8854
 26-Dec-20180.8854
 25-Sep-20180.2214
 25-Jun-20180.2214
 26-Mar-20180.2500
 27-Dec-20170.2500
 26-Sep-20170.2500
 27-Jun-20170.2500
 27-Mar-20170.2500
 26-Dec-20160.2000
 27-Sep-20160.2000
 28-Dec-20150.2500
 28-Sep-20150.3000

Contact Information

AMC: Bank of India Investment Managers Private Limited

Address: B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013

Email: [email protected]

Website: https://www.boimf.in/

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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