Holdings (29)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.58% |
| State Bank of India | Financial | Equity | 8.89% |
| Axis Bank Ltd. | Financial | Equity | 8.56% |
| HDFC Bank Ltd. | Financial | Equity | 8.54% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 6.46% |
| Shriram Finance Ltd | Financial | Equity | 4.4% |
| Bajaj Finance Ltd. | Financial | Equity | 4.21% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 2.87% |
| City Union Bank Ltd. | Financial | Equity | 2.82% |
| Indian Bank | Financial | Equity | 2.66% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | NA% | NA% | NA% | NA% |
| Category Average | 16.49% | 14.36% | 16.09% | NA% |
| Rank Within Category | NA% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.33%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 60 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
Education
Mr. Jethani has done Bachelor of Financial Markets from HR College and Postgraduate Program in Global Financial Markets from BSE Institute Ltd.
Experience
Prior to joining Bank of India Mutual Fund, he has worked with HDFC Securities, HDFC Bank, and ASK Investment Managers
Managed Schemes
Bank of India Midcap Tax Fund Series 1 Direct Growth
Bank of India Arbitrage Fund Direct Growth
Bank of India Midcap Tax Fund Series 2 Direct Growth
Bank of India Large Cap Fund Direct Growth
Bank of India Multi Asset Allocation Fund Direct Growth
Bank of India Banking & Financial Services Fund Direct Growth