Bank of India Business Cycle Fund (G) Mutual fund

Bank of India Business Cycle Fund (G)

Q: How to Invest in Bank of India Business Cycle Fund through Rupeezy?

Go to the Rupeezy App Click on the Explore tab on the lower navigation bar. Select the category of funds, e.g., Equity - Large Cap or any other. View and compare all funds in the category on a Risk-Return graph. Select the fund you want to invest in. Choose Lumpsum or SIP. Select Investment Amount & make payment using UPI or Net Banking.

Q: Is Bank of India Business Cycle Fund good?

The Bank of India Business Cycle Fund has an AUM of ₹636.39 Cr as on 12/10/2024. The scheme has delivered CAGR returns for the past 3 years against a category average of 19.86%. The risk is Very High against the category average of 72.22.

Q: Is Bank of India Business Cycle Fund tax free?

Mutual fund taxation depends on the scheme type and investment holding period. Taxation on equity funds: For equity funds (funds that invest at least 65% of the corpus in Indian stocks), if the holding period is more than 12 months, LTCG (Long Term Capital Gains) tax is applicable. For units sold within 12 months of purchase, STCG (Short Term Capital Gains) Tax is applicable. LTCG tax on equity-oriented schemes is 12.5% on capital gains over ₹1.25 lakh (as per the latest update in Budget 2024). STCG tax applicable on the sale of units of equity-oriented mutual fund schemes is 20%.

Q: What is the lock-in period of Bank of India Business Cycle Fund?

There is no lock-in period applicable on Bank of India Business Cycle Fund.

Q: What is the expense ratio of Bank of India Business Cycle Fund?

The expense ratio of Bank of India Business Cycle Fund is 2.18%.

Equity

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Sectoral

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Fund Details

Current NAV

₹10.41

Expense Ratio

2.18%

Min SIP

₹1.00K

Fund Size

₹636Cr

Min Investment

₹5.00K

Lock In

Scheme Information Document

Exit load: NIL - There will be no exit load within 3 months from the date of allotment for redemption/switch out upto 10% of the units allotted. 1% - Any redemption/switch out in excess of the above mentioned limit would be subject to an exit load of 1%, if the units are redeemed/ switched out within 3 months from the date of allotment of units. NIL - There will be no exit load on any redemption/switch out after 3 months from the date of allotment of units.

Fund Performance

Alpha

-1.48%

Beta

0.20

Sharpe Ratio

-1.7683

Risk

4.39%

Above numbers are based upon past 3 years

Returns Calculator

Holding Pattern

Riskometer

Peer Comparison

Fund Management

Fund House Details

Bank of India Business Cycle Fund (G) FAQs

Q1. How to Invest in Bank of India Business Cycle Fund through Rupeezy?

Q2. Is Bank of India Business Cycle Fund good?

Q3. Is Bank of India Business Cycle Fund tax free?

Q4. What is the lock-in period of Bank of India Business Cycle Fund?

Q5. What is the expense ratio of Bank of India Business Cycle Fund?

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