3 Year return
24.19%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹1834.57 Cr.
Expense Ratio
0.55% (inclusive of GST)
Exit Load
For redemption/ switch ou of initial units allotted within 3 months from the date of allotment: 1% Exit Load Any redemption/ switch out from the date of allotment of units after 3 months: Nil
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Bank of India Mutual Fund Managers
AS
Alok Singh
Fund Manager since Aug 2024
Fund House Details
Bank of India Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
JM Flexicap Fund |
27.49% |
2.5 |
Quant Flexi Cap Fund |
23.01% |
0 |
Parag Parikh Flexi Cap Fund |
17.96% |
3.5 |
Schemes by Bank of India Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Annual IDCW Payout
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Annual IDCW Reinvestment
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Monthly IDCW Payout
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Monthly IDCW Reinvestment
About Bank of India Flexi Cap Fund Direct Plan-Growth
The Bank of India Flexi Cap Fund Direct Plan Growth is a flexi cap fund managed by the Bank of India Mutual Fund. Being a direct plan, the investors are not required to pay any commission. The Bank of India Flexi Cap Fund Direct Plan Growth is open-ended, which means that you can buy and sell units of the fund anytime. The fund has a lower expense ratio than the category average, which indicates that the investor has to pay less to run the fund expenses.
Investment Objectives of the Scheme
The Bank of India Flexi Cap Fund Direct Plan Growth aims to generate long-term capital appreciation with the help of investments in in equity and equity-related securities across various market capitalizations.
Key Features of The Fund
5-year return | NA |
Expense Ratio | 0.55% |
Fund Manager | Alok Singh |
Fund Size | ₹1834.57 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The Bank of India Flexi Cap Fund Direct Plan Growth is suitable for investors who are looking to invest for at least 3-4 years and are willing to take the moderate risk for the potential of higher returns. The fund is not suitable for those investors, who have low risk potential as the fund comes with high volatility due to its investments. This indicates However, it is important to do your own research before investing in any mutual fund.
AMC Contact Details
Name | Bank of India Mutual Fund |
Launch Date | March 2008 |
Addresss | Bank of India Investment Managers Private Limited, B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013. |
Contact | 022-61249000 1800 - 266 - 2676 1800 - 103 – 2263 91-22-61249024 |
service@boimf.in | |
Website | https://www.boimf.in/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
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How do I invest in Bank of India Flexi Cap Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Bank of India Flexi Cap Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Bank of India Flexi Cap Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Bank of India Flexi Cap Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.