FAQ : Bank of India Flexi Cap Fund - Growth - Direct Plan

Bank of India Flexi Cap Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 58.09 28.44 N/A N/A
Average Rolling Returns(%) 30.24 31.19 N/A N/A

The Current NAV of Bank of India Flexi Cap Fund - Growth - Direct Plan is ₹32.07.

It is better to invest in a fund with a longer track record as Bank of India Flexi Cap Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark S&P BSE 500 - TRI returns, as Funds portfolio is significantly different.

Bank of India Flexi Cap Fund - Growth - Direct Plan fund’s expense ratio is 0.93%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Bank of India Flexi Cap Fund - Growth - Direct Plan is currently ₹683 Crores.

The Top three stocks are SBI, Oil India and HDFC Bank and account for 10% of its portfolio. Top 5 and 10 stocks of fund account for 16% and 29% of fund’s portfolio respectively.

Top three sectors of Bank of India Flexi Cap Fund - Growth - Direct Plan fund are BFSI, Miscellaneous and Others accounting for 44% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Flexi Cap Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Bank of India Flexi Cap Fund - Growth - Direct Plan Fund is Equity - Flexi Cap Fund.

Alok Singh manages the Bank of India Flexi Cap Fund - Growth - Direct Plan Fund.

Bank of India Flexi Cap Fund - Growth - Direct Plan current PE ratio is 33.73 and PB ratio is 5.95

The asset allocation of Bank of India Flexi Cap Fund - Growth - Direct Plan is Stocks : 72.55%, Debt : 30.26% and Gold : -2.82%

The minimum SIP amount for Bank of India Flexi Cap Fund - Growth - Direct Plan is ₹1000.00 and minimum lumpsum is ₹5000.00

The exit load for Bank of India Flexi Cap Fund - Growth - Direct Plan is 1% on or before 3 months, Nil after 3 months

© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.