Bank of India Banking & Financial Services Fund
- NAV as on 25 Sep 2026
- ₹9.33-0.21%1 day
- Return since launch
- -6.8%
- 52-week range
- ₹8.80 — ₹10.27
- AUM
- ₹273 Cr
Bank of India Banking & Financial Services Fund is a Sectoral-Banking equity fund from Bank of India Mutual Fund with ₹273 Cr under management, launched in 2026. The expense ratio is 2.79% and the SEBI riskometer reading is Very High.
Performance
Bank of India Banking & Financial Services Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -6.8% against -2.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -6.0% | −1.0 pts | -5.0% | -3.9% |
| 3M | -5.7% | −2.2 pts | -3.5% | -3.4% |
| 6M | 2.8% | −4.6 pts | 7.4% | 7.3% |
Since launch (8 Jan 2026): -6.8%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.77%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.10%
- Transaction charges
- 0.01%
- Statutory levies
- 0.56%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Financial Services TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Bank of India Banking & Financial Services Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.6%
- Other1.4%
Market cap split
- Large66.5%
- Mid14.8%
- Small18.8%
- P/E
- 16.85
- P/B
- 2.37
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 13.40% | ₹36.57 Cr | +9.18% | +6.17% | — |
| HDFC Bank Ltd. | Financial | 10.55% | ₹28.79 Cr | +8.18% | +6.87% | — |
| State Bank of India | Financial | 8.86% | ₹24.17 Cr | +8.05% | +9.57% | — |
| Shriram Finance Ltd | Financial | 4.99% | ₹13.62 Cr | +1.83% | +4.54% | — |
| Bajaj Finance Ltd. | Financial | 3.94% | ₹10.76 Cr | +3.38% | +4.58% | — |
| One97 Communications Ltd. | Services | 3.78% | ₹10.30 Cr | +2.04% | +0.93% | — |
| Bank Of Baroda | Financial | 3.37% | ₹9.19 Cr | +2.89% | +1.06% | — |
| ICICI Prudential Asset Management Company Ltd. | Financial | 3.22% | ₹8.78 Cr | +5.43% | +1.95% | — |
| Indian Bank | Financial | 3.21% | ₹8.76 Cr | +2.82% | +1.62% | — |
| HDFC Asset Management Company Ltd. | Financial | 3.11% | ₹8.49 Cr | +2.64% | +0.99% | — |
| City Union Bank Ltd. | Financial | 2.91% | ₹7.93 Cr | +2.76% | +2.67% | — |
| Computer Age Management Services Ltd. | Services | 2.87% | ₹7.82 Cr | +2.90% | +1.61% | — |
| Kotak Mahindra Bank Ltd. | Financial | 2.83% | ₹7.72 Cr | +4.70% | +6.66% | — |
| CreditAccess Grameen Ltd. | Financial | 2.45% | ₹6.68 Cr | +2.32% | — | — |
| Angel One Ltd. | Financial | 2.41% | ₹6.59 Cr | +2.64% | — | — |
| BSE Ltd. | Services | 2.41% | ₹6.56 Cr | +3.04% | +1.09% | — |
| Axis Bank Ltd. | Financial | 2.32% | ₹6.33 Cr | +7.77% | +7.91% | — |
| PB Fintech Ltd. | Services | 2.27% | ₹6.19 Cr | +2.06% | +1.71% | — |
| Max Financial Services Ltd. | Financial | 2.16% | ₹5.90 Cr | +2.30% | +2.12% | — |
| Bank of Maharashtra | Financial | 1.94% | ₹5.31 Cr | — | — | — |
| Turtlemint Fintech Solutions Ltd. | Financial | 1.52% | ₹4.16 Cr | — | — | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.52% | ₹4.15 Cr | — | — | — |
| Others | Others | 1.39% | ₹3.87 Cr | +1.58% | +8.44% | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.37% | ₹3.74 Cr | +1.13% | +2.12% | — |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 1.32% | ₹3.59 Cr | — | — | — |
| Karur Vysya Bank Ltd. | Financial | 1.30% | ₹3.55 Cr | +1.08% | +1.17% | — |
| Housing & Urban Development Corporation Ltd. | Financial | 1.20% | ₹3.28 Cr | +1.34% | +0.91% | — |
| Nuvama Wealth Management Ltd. | Financial | 1.19% | ₹3.24 Cr | — | — | — |
| Nippon Life India Asset Management Ltd. | Financial | 1.07% | ₹2.93 Cr | +1.01% | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 1.03% | ₹2.81 Cr | +1.77% | +0.98% | — |
| OnEMI Technology Solutions Ltd. | Financial | 1.01% | ₹2.76 Cr | +0.90% | — | — |
| Canara Bank | Financial | 1.00% | ₹2.73 Cr | +0.43% | +1.04% | — |
| HDB Financial Services Ltd. | Financial | 0.99% | ₹2.70 Cr | — | — | — |
| SBI Life Insurance Company Ltd. | Insurance | 0.95% | ₹2.58 Cr | +2.71% | +2.88% | — |
| SBI Cards And Payment Services Ltd. | Financial | 0.11% | ₹0.29 Cr | +0.10% | +0.99% | — |
| Power Finance Corporation Ltd. | Financial | 0.03% | ₹0.07 Cr | +2.52% | +2.11% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Power Finance Corporation Ltd. | 2.28% | 0.03% | -2.25% |
| SBI Life Insurance Company Ltd. | 2.57% | 0.95% | -1.62% |
| Canara HSBC Life Insurance Company Ltd. | 0.00% | 1.32% | +1.32% |
| Shriram Finance Ltd | 3.78% | 4.99% | +1.21% |
| HDB Financial Services Ltd. | 0.00% | 0.99% | +0.99% |
| Bank Of Baroda | 2.41% | 3.37% | +0.96% |
| One97 Communications Ltd. | 2.94% | 3.78% | +0.84% |
| Turtlemint Fintech Solutions Ltd. | 0.71% | 1.52% | +0.81% |
| HDFC Bank Ltd. | 11.10% | 10.55% | -0.55% |
| CreditAccess Grameen Ltd. | 2.85% | 2.45% | -0.40% |
| Others | 0.61% | 0.24% | -0.37% |
| PB Fintech Ltd. | 1.93% | 2.27% | +0.34% |
| Bajaj Finance Ltd. | 4.24% | 3.94% | -0.30% |
| State Bank of India | 8.56% | 8.86% | +0.30% |
| BSE Ltd. | 2.66% | 2.41% | -0.25% |
| Indian Bank | 2.98% | 3.21% | +0.23% |
| Multi Commodity Exchange Of India Ltd. | 0.81% | 1.03% | +0.22% |
| ICICI Bank Ltd. | 13.19% | 13.40% | +0.21% |
| Kotak Mahindra Bank Ltd. | 2.62% | 2.83% | +0.21% |
| Nuvama Wealth Management Ltd. | 0.99% | 1.19% | +0.20% |
| Axis Bank Ltd. | 2.19% | 2.32% | +0.13% |
| Max Financial Services Ltd. | 2.05% | 2.16% | +0.11% |
| Angel One Ltd. | 2.50% | 2.41% | -0.09% |
| Housing & Urban Development Corporation Ltd. | 1.28% | 1.20% | -0.08% |
| Bank of Maharashtra | 1.87% | 1.94% | +0.07% |
| City Union Bank Ltd. | 2.97% | 2.91% | -0.06% |
| Ujjivan Small Finance Bank Ltd. | 1.57% | 1.52% | -0.05% |
| Computer Age Management Services Ltd. | 2.91% | 2.87% | -0.04% |
| ICICI Prudential Asset Management Company Ltd. | 3.26% | 3.22% | -0.04% |
| OnEMI Technology Solutions Ltd. | 1.04% | 1.01% | -0.03% |
| Canara Bank | 0.98% | 1.00% | +0.02% |
| HDFC Asset Management Company Ltd. | 3.09% | 3.11% | +0.02% |
| Karur Vysya Bank Ltd. | 1.28% | 1.30% | +0.02% |
| Cholamandalam Investment and Finance Company Ltd. | 1.36% | 1.37% | +0.01% |
| Nippon Life India Asset Management Ltd. | 1.06% | 1.07% | +0.01% |
| SBI Cards And Payment Services Ltd. | 0.11% | 0.11% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,982 Cr | 2.23% | -0.6% | 8.8% | 12.4% |
 SBI Banking & Financial Services Fund | ₹10,873 Cr | 2.16% | -7.2% | 6.8% | 11.6% |
 Invesco India Financial Services Fund | ₹1,896 Cr | 2.19% | -3.1% | 7.8% | 13.2% |
 Bandhan Financial Services Fund | ₹1,122 Cr | 2.49% | -2.7% | 5.5% | — |
 Quant BFSI Fund | ₹922 Cr | 3.48% | 14.7% | 15.3% | — |
 Kotak Nifty Financial Services Ex-Bank Index Fund | ₹99.18 Cr | 0.83% | -4.7% | 8.6% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of banking and financial services companies.
Fund managers
- Nilesh JethaniMr. Jethani has done Bachelor of Financial Markets from HR College and Postgraduate Program in Global Financial Markets from BSE Institute Ltd.Prior to joining Bank of India Mutual Fund, he has worked with HDFC Securities, HDFC Bank, and ASK Investment Managers
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.75% absolute | ₹60,000 | ₹61,650 | 2.75% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.