Bank of India Manufacturing & Infrastructure Direct IDCW Quarterly

Equity
Sectoral / Thematic
Very High Risk
Payout
29.79%
3Y annualised
+0.81% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Mar 2024₹51.60
Min. SIP amount₹1,000
Rating4
Fund size₹239.28Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns54.1%29.8%25.8%17.6%
Category average56.3%30.5%22.4%NA
Rank with in category13144NA
Understand terms

Holdings (62)

NameSectorInstrumentAssets
EnergyEquity8.44%
ConstructionEquity7.30%
EnergyEquity5.20%
AutomobileEquity4.09%
HealthcareEquity3.15%
CommunicationEquity2.91%
ConstructionEquity2.49%
AutomobileEquity2.28%
AutomobileEquity2.27%
EnergyEquity2.26%
See All

Pros and cons

Category: Equity Sectoral / Thematic

Pros

Cons

5Y and 10Y annualised returns higher than category average
Consistently lower annualised returns than category average for the past 1Y and 3Y
Higher alpha: 8.89 The fund has generated returns higher than benchmark - Nifty Infrastructure - in the last 3Y
Lower expense ratio: 0.97%

Expense ratio, exit load and tax

Expense ratio: 0.97%

Inclusive of GST

Exit load

For units more than 10% of the investments, an exit load of 1% if redeemed within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Nitin Gosar
Sep 2022 - Present
View details

Education
Mr. Gosar holds a Master’s degree in Finance from ICFAI.
Experience
Prior to joining Bank of India Mutual Fund, he was working with Invesco Mutual Fund, IFCI Financial Services Ltd. (I-Fin) as Research Analyst. He has also worked Batlivala & Karani Securities, SKP Securities and NDA Securities.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
Website
BOI AXA Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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