myplexus

NFO Monitor

Fund Fact

Name of Funds:

Bank of India Consumption

Opening:

29th November 2024

Closing:

13th December 2024

Minimum Investment:

Rs. 5,000 and in multiples of Rs. 1/- thereafter.

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

1% of NAV if units are redeemed/switched out in excess of 10% of the units purchased within 3 months from the date of allotment

Fund Stats

Objective:

The Investment objective of the Scheme is to provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors.

Benchmark:

NIFTY CONSUMPTION

Fund Manager:

Nitin Gosar

Asset Allocation

80-100 % Equity upto 20% Money Market

upto 20% Debt upto 10% Others

Comparable existing schemes

HSBC Consumption Fund	24.30(6M)	36.69(1Y)
Kotak Consumption Fund	19.93(6M)	32.71(1Y)

Fund Prognosis

Idea Distiller

India, we are told is a consuming economy. Ergo, more the consumption, more the topline and thereby the profits.

Fund House AAUM:
Rs 1033572.97 Lakhs(as on 30th September, 2024)
Fund Manager:
Experience of above 16 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Really low for me. But then this is the easy sell for the fund house and therefore the choice.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028