Holdings (55)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.2% |
| Reliance Industries Ltd. | Energy | Equity | 4.08% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.59% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 3.39% |
| Indus Towers Ltd. | Communication | Equity | 3.14% |
| Vedanta Ltd. | Metals & Mining | Equity | 3.14% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.05% |
| Indian Bank | Financial | Equity | 2.9% |
| State Bank of India | Financial | Equity | 2.79% |
| Lloyds Metals & Energy Ltd. | Metals & Mining | Equity | 2.65% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 3.77% | 15.53% | 23.60% | 12.43% |
| Category Average | 3.59% | 15.02% | 24.85% | NA% |
| Rank Within Category | 29.00% | 19.00% | 22.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.27%
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