Holdings (63)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | Equity | 6.6% |
| NTPC Ltd. | Energy | Equity | 6.16% |
| Reliance Industries Ltd. | Energy | Equity | 4.77% |
| Vedanta Ltd. | Metals & Mining | Equity | 4.53% |
| Lloyds Metals & Energy Ltd. | Metals & Mining | Equity | 3.66% |
| Hero Motocorp Ltd. | Automobile | Equity | 3.12% |
| Manorama Industries Ltd. | Consumer Staples | Equity | 2.83% |
| Eris Lifesciences Ltd. | Healthcare | Equity | 2.73% |
| Quadrant Future Tek Ltd. | Capital Goods | Equity | 2.54% |
| Indus Towers Ltd. | Communication | Equity | 2.44% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 4.01% | 21.41% | 32.43% | 13.77% |
| Category Average | 3.01% | 22.06% | 31.79% | NA% |
| Rank Within Category | 12.00% | 13.00% | 12.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.86%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
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.
Managed Schemes
Bank of India Large & Mid Cap Equity Fund Direct Growth
Bank of India Manufacturing & Infrastructure Fund Direct Growth
Invesco India Largecap Fund Direct Growth
Invesco India PSU Equity Fund Direct Growth
Invesco India Regular Savings Fund Direct Growth
Invesco India Focused Fund Direct Growth