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Bank of India Bluechip Fund - Direct (IDCW)

Large Cap Fund
Invest Now

  • NAV

    15.45(-0.90%)

  • Fund Size (CR)

    ₹168.61

  • Expense Ratio

    0.9

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹5,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹1,000

  • Minimum Withdrawal

    ₹1,000

  • Exit Load For redemption/ switch ou of initial units allotted within 3 months from the date of allotment: 1% Exit Load Any redemption/ switch out from the date of allotment of units after 3 months: Nil

    1%

  • Return Since Launch

    12.62%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -6.59%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Alok Singh

Bench Mark

Nifty 100 TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 17 March 202510678.086.78%-5.45%1/150
1 Month24 February 202510722.157.22%-4.90%1/150
3 Month24 December 20249408.57-5.91%--2.97%130/150
6 Month24 September 20248788.05-12.12%--10.25%120/150
1 Year22 March 202410196.211.96%1.96%8.29%133/146
3 Year24 March 202214749.2947.49%13.82%14.10%81/134
5 Year--0%-24.94%-/-
Since Inception29 June 202115590.0055.90%12.62%13.68%105/150

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 April 20241,20,000113224.36-5.65% -5.65%
3 Year1 April 20223,60,000438906.2621.92% 6.83%
5 Year-----
10 Year-----

Note: SIP Returns since Inception Date.

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%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.37%

Standard Deviation

1.04%

Beta

0.32%

Sharpe Ratio

-0.04%

Treynor's Ratio

-0.28%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
HDFC Bank9.50%9250016.02EquityBanks
St Bk of India5.00%1223878.43EquityBanks
ICICI Bank4.73%662007.97EquityBanks
Reliance Industr3.91%550006.60EquityRefineries
Shriram Finance3.81%1040006.42EquityFinance
NTPC3.40%1840005.73EquityPower Generation & Distribution
NTPC Green3.29%6360005.55EquityPower Generation & Distribution
Vedanta3.16%1350005.33EquityMining & Mineral products
Dr Reddy's Labs2.98%450005.02EquityPharmaceuticals
Coforge2.82%64504.75EquityIT - Software

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Bank of India Bluechip Fund - Direct (IDCW)
168.617.22%-5.91%-12.12%1.96%13.82%
Motilal Oswal Large Cap Fund - Direct (G)
1680.684.24%-1.24%-2.91%29.06%-
Motilal Oswal Large Cap Fund - Direct (IDCW)
1680.684.23%-1.24%-2.92%29.05%-
DSP Top 100 Equity Fund - Direct (G)
4519.345.18%1.16%-5.61%18.32%19.18%
DSP Top 100 Equity Fund - Direct (IDCW)
4519.344.56%0.56%-6.17%17.61%18.94%
WhiteOak Capital Large Cap Fund - Direct (G)
685.965.37%-3.05%-8.33%14.54%-

List of Schemes under Bank of India Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
Bank of India Multi Cap FundEquityVery High11.78%0₹695.25
Bank of India Bluechip FundEquityVery High1.96%1₹168.61
Bank of India Large & Mid Cap Equity FundEquityVery High7.2%2₹327.89
Bank of India Small Cap FundEquityVery High16.5%4₹1,389.85
Bank of India Manufacturing & Infrastructure FundEquityVery High11.39%4₹462.95
Bank of India Business Cycle FundEquityVery High0%0₹472.19
Bank of India Consumption FundEquityVery High0%0₹373.01
Bank of India ELSS Tax SaverEquityVery High4.37%4₹1,182.15
Bank of India Midcap Tax Fund - Series 1EquityVery High2.15%0₹52.75
Bank of India Midcap Tax Fund - Series 2EquityVery High3.44%0₹27.73
Bank of India Overnight FundDebtLow6.73%5₹59.45
Bank of India Liquid FundDebtModerately Low7.37%4₹1,790.82
Bank of India Ultra Short Duration FundDebtModerate7.3%1₹158.16
Bank of India Money Market FundDebtModerately Low0%0₹169.07
Bank of India Short Term Income FundDebtModerately Low9.81%0₹115.12
Bank of India Credit Risk FundDebtModerately High5.36%2₹112.62
Bank of India Conservative Hybrid FundHybridModerate4.41%5₹63.54
Bank of India Mid & Small Cap Equity & Debt FundHybridVery High11.15%5₹974.20
Bank of India Balanced Advantage FundHybridVery High2.93%2₹125.13
Bank of India Multi Asset Allocation FundHybridVery High8.44%0₹323.56
Bank of India Arbitrage FundHybridLow7.52%1₹44.60
Bank of India Flexi Cap FundEquityVery High10.5%4₹1,786.77

News

There are no new Updates!

Fund House Details & Investment Objective

Date of Incorporation

8 June 2021

Total AUM (Cr)

₹168.61

Bank of India Bluechip Fund - Direct (IDCW) is an Large Cap Fund-oriented fund from the renowned AMC, Bank of India Mutual Fund. Launched in 8 June 2021, this fund is managed by Alok Singh. With assets under management (AUM) worth ₹168.61 (Cr), as of 25 March 2025, Bank of India Bluechip Fund - Direct (IDCW) is categorized as a Large Cap Fund within its segment. The fund has generated a return of 12.62% since its launch.
The current NAV of Bank of India Bluechip Fund - Direct (IDCW) is ₹15.45, as on 25 March 2025. The fund's benchmark index is Nifty 100 TRI. You can invest in Bank of India Bluechip Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
For redemption/ switch ou of initial units allotted within 3 months from the date of allotment: 1% Exit Load Any redemption/ switch out from the date of allotment of units after 3 months: Nil The fund has generated 13.82% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 96.27% in Equity, 3.85% in Debt and -0.12% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 19.23% in Banks, 10.68% in IT-Software, 9.13% in Finance, 8.26% in Power, 7.01% in Pharmaceuticals & Biotech

FAQs

How to Invest in Bank of India Bluechip Fund - Direct (IDCW) Direct Growth?

Bank of India Bluechip Fund - Direct (IDCW) is a popular fund in the Large Cap Fund segment. The fund has generated a return of 12.62% since inception. Looking to invest in Bank of India Bluechip Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Bank of India Bluechip Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Bank of India Bluechip Fund - Direct (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Bank of India Bluechip Fund - Direct (IDCW) today and reap the benefits of this Large Cap Fund fund!

How much returns has Bank of India Bluechip Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Bank of India Bluechip Fund - Direct (IDCW) has generated annualised return of 1.96%. In the long-term, the fund has generated 13.82% and - in 3 and 5 years respectively. Since its inception, the fund has generated 12.62% returns.

What is the expense ratio of Bank of India Bluechip Fund - Direct (IDCW) Direct Growth?

The expense ratio of Bank of India Bluechip Fund - Direct (IDCW) Direct Growth is 0.90%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Bank of India Bluechip Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Bank of India Bluechip Fund - Direct (IDCW) is ₹168.61 (Cr) as of 2025-03-25 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Bank of India Bluechip Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of Bank of India Bluechip Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Bank of India Bluechip Fund - Direct (IDCW):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Bank of India Bluechip Fund - Direct (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.