Holdings (62)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Prudential Gold Exchange Traded Fund | NA | Mutual Fund | 10.04% |
| Indian Railway Finance Corporation Ltd. | Financial | Bonds | 7.54% |
| LIC Housing Finance Ltd. | Financial | Debenture | 7.5% |
| Muthoot Finance Ltd. | Financial | Debenture | 5.94% |
| Bajaj Finance Ltd. | Financial | NCD | 5.41% |
| Tata Capital Housing Finance Ltd. | Financial | Debenture | 4.82% |
| GOI | Sovereign | GOI Sec | 3.49% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 3.01% |
| DSP Gold ETF - Growth | NA | Mutual Fund | 2.66% |
| Nippon India ETF Gold BeES | NA | Mutual Fund | 2.59% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.37% | NA% | NA% | NA% |
| Category Average | 9.10% | 16.70% | 16.28% | NA% |
| Rank Within Category | 17.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.99%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
Education
Mr. Bharucha is a BMS and MBA
Experience
Prior to joining Bank of India Mutual Fund, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.
Managed Schemes
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