Holdings (57)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd | Financial | Equity | 7.22% |
| ICICI Bank Ltd | Financial | Equity | 5.93% |
| State Bank of India | Financial | Equity | 5.05% |
| Adani Ports and Special Economic Zone Ltd | Industrials | Equity | 4.7% |
| ICICI Prudential Asset Management Company Ltd. | Financial | Equity | 3.82% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 3.58% |
| Dr. Reddy's Laboratories Ltd | Healthcare | Equity | 2.96% |
| Quality Power Electrical Equipments Ltd. | Industrials | Equity | 2.75% |
| Vedanta Aluminium Metal Ltd | Materials | Equity | 2.32% |
| Axis Bank Ltd | Financial | Equity | 2.25% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.49% | 13.59% | 11.68% | NA% |
| Category Average | 7.15% | 15.07% | 14.96% | NA% |
| Rank Within Category | 30.00% | 26.00% | 25.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.3%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
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
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
Managed Schemes
Bank of India Conservative Hybrid Fund Direct Growth
Bank of India ELSS Tax Saver Direct Growth
Bank of India Balanced Advantage Fund Direct Growth
Bank of India Credit Risk Fund Direct Growth
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Bank of India Small Cap Fund Direct Growth
Bank of India Flexi Cap Fund Direct Growth
Bank of India Large Cap Fund Direct Growth