Fund of Fortnight

This is our mutual fund recommendation. Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.[EasyDNNnews:PaidContentStart]



Reason for recommendation 

One thing seasoned investors are well aware of is that the key to successful investing lies in being in the right place at the right time. In a market filled with opportunities, it’s vital to choose a mutual fund that not only stands out but also aligns with your long-term goals. The Bank of India Flexi-Cap Fund is one such investment avenue that merits a closer look. One of the prime factors that define the appeal of a mutual fund is its performance history. Over the past few months, the Bank of India Flexi-Cap Fund has not just outperformed its peers but has done so quite convincingly.  

The fund’s one-year return of 25.74 per cent shines in comparison to the category average of 20.08 per cent. This indicates the fund’s consistent ability to generate returns. Even in the long-term horizon, the fund has proved its mettle with a trailing return of 29.23 per cent, significantly ahead of the category average at 23.90 per cent. If consistent performance is what you seek, the Bank of India Flexi-Cap Fund’s rolling returns offer further evidence of its reliability. Over the one-year period, the fund’s rolling return of 18.7 per cent has exceeded the category average of 11.4 per cent.  

In the three-year category, the gap is even more significant, with the fund reporting a rolling return of 29.6 per cent compared to the category average of 14 per cent. This consistent outperformance is a strong testament to the fund’s long-term potential. A Sharpe ratio of 1.53 and Sortino ratio of 2.62 underline the superior risk-adjusted returns the fund offers. The fund has proven itself to be a standout choice. Its consistent outperformance against its category peers, wellstructured portfolio, competitive portfolio statistics, and robust holdings make it a compelling option for investors seeking long-term growth and stability.

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