Bank of India Manufacturing & Infrastructure Fund - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Sectoral/Thematic

Fund House : BOI AXA Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 32.57 0.52%
(as on 02nd June, 2023)

Crisil Rank

Very good performance among peers

Fund Size

: ₹ 94.99 Cr

(0.05% of Investment in Category)

Expense Ratio

: 2.45%

(2.17% Category average)

Risk-O-Meter

Very High

Sectoral/Thematic :Sectoral/Thematic : The fund has 96.06% investment in domestic equities of which 41.29% is in Large Cap stocks, 16.99% is in Mid Cap stocks, 27.17% in Small Cap stocks.The fund has 0.1% investment in Debt, of which 0.1% in Government securities.

Suitable For : Investors who have advanced knowledge of macro trends and prefer to take selective bets for higher returns compared to other Equity funds. At the same time, these investors should also be ready for possibility of moderate to high losses in their investments even though overall market is performing better.

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This Scheme

VS

Nifty 50

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NA
3.97%

8.48%

2.18%

15.18%

10.67%

12.17%

12.08%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

Amount

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Profit/Loss

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Annualised Returns

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Returns (NAV as on 02nd June, 2023)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	26-May-23	10152.70	1.53%	-	1.29%	46/141
1 Month	02-May-23	10258.30	2.58%	-	3.97%	111/141
3 Month	02-Mar-23	10867.50	8.67%	-	8.48%	79/139
6 Month	02-Dec-22	10439.10	4.39%	-	2.18%	36/136
YTD	30-Dec-22	10735.00	7.35%	-	5.12%	37/137
1 Year	02-Jun-22	12085.30	20.85%	20.85%	15.18%	35/130
2 Year	02-Jun-21	13442.00	34.42%	15.94%	10.67%	28/118
3 Year	02-Jun-20	23721.80	137.22%	33.37%	25.98%	22/107
5 Year	01-Jun-18	18114.60	81.15%	12.60%	12.17%	38/86
10 Year	31-May-13	42855.30	328.55%	15.65%	14.33%	21/73
Since Inception	05-Mar-10	32570.00	225.70%	9.32%	12.08%	106/151

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 02nd June, 2023)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	02-Jun-22	12000	13282.97	10.69 %	20.38 %
2 Year	02-Jun-21	24000	27418.33	14.24 %	13.38 %
3 Year	02-Jun-20	36000	49528.13	37.58 %	21.87 %
5 Year	01-Jun-18	60000	101460.25	69.1 %	21.14 %
10 Year	31-May-13	120000	274338.33	128.62 %	15.78 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 30th Apr,2023)

Portfolio Turnover Ratio : 78.00% | Category average turnover ratio is 143.80%

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 96.06% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 96.06%

No of Stocks : 50 (Category Avg - 36.77) | Large Cap Investments : 41.29%| Mid Cap Investments : 16.99% | Small Cap Investments : 27.17% | Other : 10.61%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Larsen & Toubro Ltd.	Civil construction	92.6	9.74%	0.29%	9.74% (Apr 2023)	4.49% (Jun 2022)	39.15 k	0.00
National Thermal Power Corporation Ltd.	Power generation	47	4.95%	0.03%	4.95% (Apr 2023)	3.54% (Jun 2022)	2.73 L	21.34 k
Ultratech Cement Ltd.	Cement & cement products	31.8	3.35%	-0.23%	4.43% (Nov 2022)	3.23% (Jun 2022)	4.21 k	0.00
Power Grid Corporation of India Ltd.	Power - transmission	30.2	3.18%	0.22%	3.18% (Apr 2023)	0% (May 2022)	1.27 L	9.82 k
Reliance Industries Ltd.	Refineries & marketing	29.3	3.08%	0.43%	5.42% (Jun 2022)	2.44% (Sep 2022)	12.10 k	1.92 k
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	28.2	2.96%	-0.17%	3.13% (Mar 2023)	0% (May 2022)	28.51 k	0.00
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	27.5	2.89%	0.51%	2.89% (Apr 2023)	0% (May 2022)	34.38 k	5.95 k
Rail Vikas Nigam Ltd.	Civil construction	23.4	2.46%	0.87%	2.46% (Apr 2023)	0% (May 2022)	2.17 L	8.97 k
AIA Engineering Ltd.	Castings & forgings	22.4	2.35%	-0.31%	2.66% (Mar 2023)	0% (May 2022)	8.22 k	0.00
Eicher Motors Ltd.	2/3 wheelers	22	2.31%	0.12%	2.37% (Feb 2023)	0% (May 2022)	6.65 k	0.00

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

No of Debt Holding 1 (Category Avg - 0.30) | Modified Duration 1.82 Years (Category Avg - 0.43)| Yield to Maturity - -- (Category Avg - 6.79%)

Type of Holdings

Security Type	% Weight	Category Average
T-Bills	0.10%	0.19%
NCD & Bonds	0.00%	0.00%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	0.10%	0.19%
Low Risk	0.00%	0.00%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	3.33%
Net Receivables	Net Receivables	0.51%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2023)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

15.58vs16

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

0.77vs0.83

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

1.58vs1.05

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.32vs0.21

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Better risk adjusted returns

11.72vs2.86

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Nippon India Power & Infra Fund - Growth	3	2011.42	2.93	11.46	6.68	30.45	36.08
ICICI Prudential Infrastructure Fund - Growth	2	2373.19	3.06	9.20	7.62	29.58	42.60
Aditya Birla Sun Life Infrastructure Fund - Regular Plan - Growth	3	606.63	4.74	12.56	9.13	29.55	36.45
Kotak Infrastructure and Economic Reform Fund - Growth	3	801.92	5.22	9.18	8.53	27.34	38.96
Quant Quantamental Fund - Regular Plan - Growth	NA	580.15	3.47	8.93	3.45	26.67	0.00
HDFC Infrastructure Fund - Growth	1	631.18	4.45	10.80	4.32	26.58	36.70
Tata Banking And Financial Services Fund - Growth	NA	1362.50	4.19	9.42	3.64	26.28	23.73
Invesco India PSU Equity Fund - Growth	1	431.90	1.53	9.46	3.03	25.99	25.10
Bandhan Infrastructure Fund - Regular Plan - Growth	2	650.88	6.75	13.41	9.03	25.86	37.66
LIC MF Banking & Financial Services Fund - Regular Plan - Growth	NA	140.89	4.12	8.52	2.49	25.79	23.93

Detailed Comparison

More Funds from BOI AXA Mutual Fund

Out of 20 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 4 is/are ranked 4 * , 3 is/are ranked 3 * , 1 is/are ranked 2 * , 3 is/are ranked 1 * , and 7 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Bank of India Tax Advantage Fund - Regular Plan - Growth	3	739.12	2.32	7.97	0.67	16.12	27.71
Bank of India Liquid Fund - Regular Plan - Growth	4	590.23	0.61	1.82	3.44	6.31	4.32
Bank of India Small Cap Fund - Regular Plan - Growth	3	459.65	6.11	11.21	3.54	18.32	41.22
Bank of India Mid & Small Cap Equity & Debt Fund - Growth	4	391.86	2.23	5.30	1.45	12.14	28.20
Bank of India Mid & Small Cap Equity & Debt Fund - Growth	4	391.86	0.00	0.00	0.00	0.00	0.00
Bank of India Flexi Cap Fund - Regular Plan - Growth	NA	353.59	1.69	7.63	-0.10	12.17	0.00
Bank of India Large & Mid Cap Equity Fund - Regular Plan - Growth	3	213.22	1.23	6.24	-0.83	14.68	24.26
Bank of India Multicap Fund - Regular Plan - Growth	NA	204.32	3.42	0.00	0.00	0.00	0.00
Bank of India Credit Risk Fund - Regular Plan - Growth	1	157.91	0.51	1.73	2.77	5.27	43.00
Bank of India Ultra Short Duration Fund - Regular - Growth	4	134.16	0.56	1.78	3.27	5.91	4.20