Data as on 30th April 2024

Bank Of India Business Cycle Fund

  • Fund Type : An open ended equity scheme investing in sector based on its business cycle
    Entry Load : Nil
    Date of Allotment : 30 August, 2024
    Features : Liquity SIP SWP STP
  • Benchmark :
    First Tier Benchmark: NIFTY 500 Total Return Index
    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.

Investment Objective

The Investment objective of the Scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related securities through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the Scheme will be achieved.

This scheme is new and does not have any performance track record. Consider making this note more visible

Fund Manager

  • Alok Singh

    CFA and PGDBA from ICFAI Business School.

    Alok Singh  
    See detail

Fund Highlights

  • Macro/ Trends based investing.
  • Top down approach to portfolio construction.
  • Sector and Market Cap agnostic.
  • Intended investment in themes & businesses that are at the cusp-of or undergoing expansionary phase in Business Cycle.

Riskometer

Scheme Riskometer:

This product is suitable for investors who are seeking*:

  • Long term capital appreciation.
  • Investment in equity and equity related instruments with a focus on navigating business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

As per AMFI, Tier I Benchmark is NIFTY 500 TRI. Investors understand that their principal will be at very high risk.

#It may be noted that the scheme risk-o-meter specified above is based on the internal assessment of scheme characteristics and may vary post NFO, when the actual investments are made.

Fund Advantages

  • Macro/ Trends based investing
  • Top down approach to portfolio construction
  • Sector & Market cap agnostic
  • Intended investment in themes & businesses that are at the cusp-of or undergoing expansionary phase in Business Cycle

Allocation Strategy

  • ( 80% to 100% )  - Equity and Equity Related Instruments
  • ( 0% to 20% )  - Debt and Money Market instruments
  • ( 0% to 10% )  - Equity Units issued by REITs and InvITs
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