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3 star

Bank of India Large & Mid Cap Equity Fund - Direct Plan download report


1 Lakh

Investment Grown to
₹ 1.82 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.89 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large & mid-cap 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 Large & Mid Cap Equity Direct-G -1.73 0.48 2.32 11.85 5.79 -2.00 3.27 22.02 11.15 10.98 --
S&P BSE Large Mid Cap TRI 1.64 0.02 3.94 10.85 4.61 0.79 8.75 19.58 12.61 12.30 --
Equity: Large & MidCap -1.21 0.21 1.58 10.38 4.74 -1.49 6.74 21.93 12.22 12.54 --
Rank within category 17 3 3 3 8 21 23 11 14 14 --
Number of funds in category 28 29 29 29 29 28 27 23 19 19 0

As on 05-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Bank of India Large & Mid Cap Equity Fund - Direct Plan  | Invest Online
3 star
Jan-13 3.27 22.02 11.15 1.50 182
Mirae Asset Emerging Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.22 25.13 16.08 0.71 20,664
Canara Robeco Emerging Equities Fund - Direct Plan  | Invest Online
4 star
Jan-13 6.31 24.78 14.22 0.60 12,769
Kotak Equity Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.54 22.46 13.32 0.60 9,223
Axis Growth Opportunities Fund - Direct Plan
5 star
Oct-18 6.38 25.70 -- 0.54 7,071

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.78 01-Apr-2020 - 09-Apr-2020 -19.53 16-Mar-2020 - 23-Mar-2020
Month 21.43 23-Mar-2020 - 22-Apr-2020 -35.32 20-Feb-2020 - 23-Mar-2020
Quarter 28.64 23-Mar-2020 - 22-Jun-2020 -31.35 23-Dec-2019 - 23-Mar-2020
Year 80.98 23-Mar-2020 - 23-Mar-2021 -24.87 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Bank of India Large & Mid Cap Equity Direct-G 21.10 21.07 0.84 0.86 0.91 2.58
S&P BSE Large Mid Cap TRI 19.24 21.92 0.72 0.83 -- --
Equity: Large & MidCap 21.36 22.65 0.79 0.85 0.98 1.73
Rank within category 13 3 8 9 4 8
Number of funds in category 23 23 23 23 23 23

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

As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 46
Top 10 Stocks (%) 42.98
Top 5 Stocks (%) 25.92
Top 3 Sectors (%) 42.66
Portfolio P/B Ratio 3.09
Portfolio P/E Ratio 20.44

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 94,100 89,555
Giant (%) 35.17 38.85
Large (%) 25.29 18.14
Mid (%) 35.75 41.43
Small (%) 3.79 3.44
Tiny (%) -- 0.00

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
equal State Bank of India Financial 13.41 6.66 0.00 6.66
equal ICICI Bank Financial 21.04 6.48 1.74 5.76
up Reliance Industries Energy 25.83 5.14 0.00 5.14
up Varun Beverages Consumer Staples 51.27 4.35 0.00 4.35
equal ABB India Ltd. Capital Goods 75.72 4.11 0.00 4.01
up HDFC Bank Financial 19.97 5.40 2.94 3.60
equal Tata Consultancy Services Technology 31.74 3.58 0.00 3.58
down Ultratech Cement Materials 27.09 4.32 0.00 3.39
equal Phoenix Mills Construction 97.94 3.32 0.00 3.32
equal Tata Motors Automobile -- 3.53 0.00 3.17
equal Coromandel International Chemicals 18.25 3.14 0.00 3.14
up Aavas Financiers Financial 45.36 3.69 0.00 2.66
up Mahindra & Mahindra Automobile 18.41 2.64 0.00 2.64
up UNO Minda Automobile 83.54 2.64 0.00 2.64
equal Lemon Tree Hotels Services -- 2.49 0.00 2.43
up Sumitomo Chemical India Chemicals 55.77 2.26 0.00 2.26
equal Trent Services 441.45 2.36 0.00 2.22
equal Nippon India ETF Nifty PSU Bank BeES Financial -- 2.20
up Astral Materials 82.84 2.18 0.00 2.18
equal Central Depository Services Financial 39.50 3.10 0.00 2.08
equal Honeywell Automation Capital Goods 105.25 3.88 1.89 2.04
equal Tata Steel Metals & Mining 3.36 2.26 0.00 1.91
equal Torrent Power Energy 56.46 1.99 0.00 1.81
up Siemens Capital Goods 78.85 1.78 0.00 1.78
equal Computer Age Management Services Services 40.19 3.08 0.00 1.74

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 30-Jun-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 Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank

Funds Managed:


0.48%

Change from previous, NAV as on 05-Aug-2022

Growth: ₹ 60.8900

IDCW Quarterly: ₹ 16.9400

More

IDCW: ₹ 16.6900

Bonus: ₹ 31.4800


Investment Strategy

The scheme aims at income and long-term capital appreciation by investing through a diversified portfolio of predominantly large cap and mid cap equity and equity-related securities including equity derivatives.

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: 01-Jan-2013
Return Since Launch: 13.19%
Benchmark: S&P BSE 250 Large MidCap TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 182 Cr (As on 30-Jun-2022)
Expense Ratio: 1.50% (As on 30-Jun-2022)
Risk Grade: Average
Return Grade: Below Average
Turnover: 67.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW30-Jun-20211.0000

 25-Mar-20211.0000
 25-Mar-20190.8854
 26-Dec-20181.7708
 26-Mar-20181.0000
 27-Mar-20171.0000
 28-Mar-20161.0000
 18-Dec-20145.0000
 25-Mar-20140.5000
IDCW Quarterly25-Mar-20211.0000

 25-Mar-20190.1771
 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-Mar-20170.1500
 26-Dec-20160.1919
 27-Sep-20160.2000
 27-Jun-20160.1000
 28-Mar-20160.2000
 28-Dec-20150.3000
 25-Mar-20156.4000

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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