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Unrated

Bank of India Bluechip Fund - Direct Plan download report


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.20 Lakh

Suitability:

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

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

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-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.

Read more

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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 Bluechip Fund Direct-G -3.68 0.66 1.42 8.71 11.42 0.28 3.57 -- -- -- --
S&P BSE 100 TRI 3.42 0.75 1.63 9.25 10.05 3.27 10.55 -- -- -- --
Equity: Large Cap 1.44 0.75 1.53 8.52 9.96 1.91 8.61 -- -- -- --
Rank within category 77 73 64 46 6 72 69 -- -- -- --
Number of funds in category 79 90 88 88 88 82 74 59 49 48 0

As on 11-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 Bluechip Fund - Direct Plan  | Invest Online
Unrated
Jun-21 3.57 -- -- 1.17 134
Axis Bluechip Fund - Direct Plan
5 star
Jan-13 3.48 16.08 15.46 0.52 35,915
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.47 18.02 13.79 0.58 32,913
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
5 star
Jan-13 10.85 18.67 13.61 1.07 32,525
UTI Mastershare Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.51 18.94 13.90 1.03 10,136

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.91 07-Mar-2022 - 14-Mar-2022 -7.20 17-Jan-2022 - 24-Jan-2022
Month 11.63 01-Jul-2022 - 01-Aug-2022 -12.14 12-Apr-2022 - 12-May-2022
Quarter 18.22 20-Jul-2021 - 19-Oct-2021 -13.84 17-Mar-2022 - 17-Jun-2022
Year 3.13 30-Jul-2021 - 01-Aug-2022 -5.35 05-Jul-2021 - 05-Jul-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Bank of India Bluechip Fund Direct-G -- -- -- -- -- --
S&P BSE 100 TRI* 18.78 22.00 0.70 0.83 -- --
Equity: Large Cap* 17.70 21.49 0.67 0.79 0.95 -0.39
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Top 10 Stocks (%) 46.42
Top 5 Stocks (%) 31.57
Top 3 Sectors (%) 51.19
Portfolio P/B Ratio 3.95
Portfolio P/E Ratio 28.28

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,61,728 2,80,458
Giant (%) 68.44 62.83
Large (%) 22.09 28.44
Mid (%) 6.88 11.44
Small (%) 2.59 2.22
Tiny (%) -- --

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 ICICI Bank Financial 21.56 8.34 4.82 8.34
equal HDFC Bank Financial 20.81 7.72 4.81 7.38
down Reliance Industries Energy 26.35 8.13 4.59 6.82
down Infosys Technology 30.59 6.82 4.29 5.29
up Bajaj Finance Financial 51.37 4.80 3.02 3.74
equal State Bank of India Financial 13.25 3.24 1.60 3.24
down Tata Consultancy Services Technology 32.28 3.72 2.37 3.23
equal ITC Consumer Staples 23.19 3.01 0.00 3.00
equal Kotak Mahindra Bank Financial 28.24 3.03 1.59 2.86
equal Axis Bank Financial 14.45 2.62 1.61 2.52
up SBI Life Insurance Company Insurance 81.59 2.38 0.00 2.38
up Mahindra & Mahindra Automobile 18.84 2.34 0.00 2.34
equal NTPC Energy 9.05 2.42 0.00 2.33
down Titan Company Consumer Discretionary 74.46 3.14 2.11 2.16
equal Bharti Airtel Communication 75.75 2.40 0.00 2.14
equal Sun Pharmaceutical Industries Healthcare 56.70 2.13 0.00 2.08
down HDFC Financial 19.44 3.64 1.91 2.06
up Eicher Motors Automobile 42.35 1.96 0.00 1.96
equal Avenue Supermarts Services 135.64 3.19 1.67 1.87
up Hindustan Unilever Consumer Staples 66.99 1.84 0.00 1.84
equal Larsen & Toubro Construction 28.50 2.33 0.00 1.82
equal Trent Services 131.22 1.66 0.00 1.64
equal Cipla Healthcare 33.65 1.70 0.00 1.56
equal Bajaj Finserv Financial 49.78 1.91 0.00 1.51
up INOX Leisure Services -- 1.48 0.00 1.48

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-Jul-2022

Fund Manager

— Dhruv Bhatia since 20-Jan-2022

Education: Mr. Bhatia has done PGDM (Finance), Bachelors in Management Studies (Finance).

Experience: Prior to joining Bank of India Mutual Fund, he has worked with AUM Fund Advisors LLP and Sahara Asset Management Company.

Funds Managed:


0.66%

Change from previous, NAV as on 11-Aug-2022

Growth: ₹ 10.7300

IDCW: ₹ 10.7300


Investment Strategy

The scheme seeks to provide investors with the opportunities long term capital appreciation by investing predominantly in equity and equity-related instruments of large cap companies.

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: 29-Jun-2021
Return Since Launch: 6.51%
Benchmark: NIFTY 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 134 Cr (As on 31-Jul-2022)
Expense Ratio: 1.17% (As on 30-Jun-2022)
Risk Grade: --
Return Grade: --
Turnover: --

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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