3 Year return

27.96%
Launched on November 2018 (6 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1052.37 Cr.

Expense Ratio

0.63% (inclusive of GST)

Exit Load

For Redemption/switch out - of up to 10% of the initial units allotted - within 1 year from the date allotment - Nil 1.00% - If the units are swiched out within 1 year from the date of allotment of units Nil - If the units are redeemed/switched out after 1 year from the date of allotment of units.

Ratings

ARQ Rating
2.5

Ratings by other agencies

4
4
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Bank of India Mutual Fund Managers

AM

Aakash Manghani

Fund Manager since Jul 2019

Fund House Details

Bank of India Mutual Fund

Bank of India Mutual Fund Asset management company

AUM ₹6,554.91 Cr.
No. of Schemes 62
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Bank of India Mutual Fund

List of mutual fund schemes by AMC

About Bank of India Small Cap Fund Direct Plan-Growth

The Bank of India Small Cap Fund Direct Plan-Growth is an open-ended equity mutual fund by the Bank of India Mutual Fund. The fund lies within the category of small-cap funds because it invests in stocks of small-cap companies. The fund invests primarily in small-cap company stocks with a percentage invested in large-caps and mid-caps. A small percentage of the fund is also invested in debt securities. The fund considers Nifty Smallcap 250 Index as its benchmark.

Investment Objective of the Scheme

The investment objective of the Bank of India Small Cap Fund Direct Plan-Growth is the generation of long-term capital appreciation via equity investment in stocks of small-cap companies. The aim of the fund is to identify those small-cap companies with strong fundamentals and the potential to grow well in the future. Additionally, it is the fund’s aim to invest in certain small-cap stocks that can potentially surpass the success of established large-cap companies.

Key Features of The Fund

5-year return 33.79%
Expense Ratio 0.63%
Fund Manager Aakash Manghani
Fund Size ₹1052.37 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you believe that specific small-cap companies have the potential to grow in the future, you may consider the Bank of India Small Cap Fund Direct Plan-Growth scheme. This fund also carries a high-risk quotient, like other funds that invest in the equities of small-cap firms. It is therefore advisable that before you invest, consider your personal financial goals and risk appetite.

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 022-612490001800 - 266 - 2676 1800 - 103 – 226391-22-61249024
Email 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.

Your Guide Map for Investing

Investing without setting a financial goal takes out the aspect of clarity for an investor. Once a goal is set such as purchasing that dream car, you need to determine the optimum SIP amount vis a vis to the number of years of investing. Angel One's SIP calculator can serve as a map to guide you to take the smoothest road to your goals by finding the optimum balance between the variables affecting the SIP.

FAQs

What is today's NAV of Bank of India Small Cap Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Bank of India Small Cap Fund May 24 2024 is 45.87

What is the AUM of Bank of India Small Cap Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Bank of India Small Cap Fund is 1052.37 crore.

What is the expense ratio of Bank of India Small Cap Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Bank of India Small Cap Fund is 0.63%

What are the returns of Bank of India Small Cap Fund since inception?

The Bank of India Small Cap Fund was launched on Nov 28 2018. The fund has delivered a CAGR of 32.36 since inception.

What is the minimum SIP amount to invest in Bank of India Small Cap Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Bank of India Small Cap Fund is 1000.

How do I invest in Bank of India Small Cap Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. 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.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Bank of India Small Cap Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Bank of India Small Cap Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Bank of India Small Cap Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.