BANK OF INDIA FLEXI CAP FUND - Direct Plan - Growth
Bank of India Mutual Fund
Equity Scheme - Flexi Cap Fund
Best SIP day: the 1st.
Best SIP day for this fund
The 1st
Date effectThe 1st had the highest full-history XIRR for this fund. It sits 0.14 pp above the middle of the month, over 6.3 years.
Why the 1st
- Highest return of all 28 dates18.981%
Full-history XIRR, 0.14 pp above the middle of the month (18.843%).
- How far apart the 28 dates are0.28 pp
From the 10th (18.706%) up to the 1st. Wider than the 0.25 pp a date effect needs, and the order of dates held across the history (0.70, above 0.6).
- What the spread is worth₹22,273
Between the highest- and lowest-value dates (the 1st and the 28th) on a notional ₹10,000 a month: 1.6% of the ₹13.7 lakh it grew to over 6.3 years.
Missing one instalment costs more than picking this date over a typical one.
This fund has 75 months of history, fewer than eight years. A spread of 0.28 pp is hard to tell apart from the noise a history this short produces, so this verdict reflects the length of the history as much as the fund.
Higher than todayLower than todayTodayBest dayNot a SIP date
Each SIP date shows its full-history XIRR. Dates shaded as “higher than today” beat today’s date; the other shade fell short. Weakest to strongest across all 28 is 0.28 pp, and the deeper the fill, the further from today’s figure that date sat. Tap a date (1–28) to compare it with the named day; that does not change the answer.
Loading the calendarDoes not change the named day.
What to keep in mind
This fund has 75 months of history, fewer than eight years. A spread of 0.28 pp is hard to tell apart from the noise a history this short produces, so this verdict reflects the length of the history as much as the fund.