Bank of India Banking & Financial Services Fund
- NAV as on 6 Nov 2026
- ₹9.67+1.79%1 day
- Return since launch
- -3.4%
- 52-week range
- ₹8.78 — ₹10.27
- AUM
- ₹249 Cr
Bank of India Banking & Financial Services Fund is a Sectoral-Banking equity fund from Bank of India Mutual Fund with ₹249 Cr under management, launched in 2026. The expense ratio is 2.77% 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 -3.4% against +3.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.9% | −1.3 pts | 6.2% | 6.4% |
| 3M | -1.3% | −2.1 pts | 0.8% | 1.6% |
| 6M | -2.5% | −5.3 pts | 2.8% | 6.2% |
Since launch (8 Jan 2026): -3.4%
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
2.78%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.10%
- Transaction charges
- 0.01%
- Statutory levies
- 0.57%
- 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 30 Sep 2026
Asset allocation
- Equity95.1%
- Other4.9%
Market cap split
- Large65.9%
- Mid13.1%
- Small21.0%
- P/E
- 15.34
- P/B
- 2.18
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 11.56% | ₹28.82 Cr | +18.44% | +17.08% | — |
| ICICI Bank Ltd. | Financial | 10.41% | ₹25.97 Cr | +11.77% | +9.58% | — |
| State Bank of India | Financial | 8.77% | ₹21.88 Cr | +8.30% | +8.89% | — |
| Others | Others | 4.86% | ₹12.11 Cr | +2.78% | +18.60% | — |
| Shriram Finance Ltd | Financial | 4.83% | ₹12.06 Cr | +3.25% | +4.40% | — |
| One 97 Communications Ltd. | Services | 4.04% | ₹10.07 Cr | +2.01% | +0.93% | — |
| ICICI Prudential Asset Management Company Ltd. | Financial | 3.60% | ₹8.99 Cr | +4.93% | +2.00% | — |
| Bank Of Baroda | Financial | 3.56% | ₹8.88 Cr | +2.84% | +1.91% | — |
| Indian Bank | Financial | 3.15% | ₹7.85 Cr | +2.82% | +2.66% | — |
| City Union Bank Ltd. | Financial | 3.14% | ₹7.82 Cr | +2.91% | +2.82% | — |
| Kotak Mahindra Bank Ltd. | Financial | 3.08% | ₹7.67 Cr | +4.64% | +6.46% | — |
| HDFC Asset Management Company Ltd. | Financial | 2.96% | ₹7.39 Cr | +3.04% | +0.93% | — |
| Computer Age Management Services Ltd. | Services | 2.69% | ₹6.71 Cr | +2.82% | +2.49% | — |
| Angel One Ltd. | Financial | 2.52% | ₹6.29 Cr | +2.50% | — | — |
| CreditAccess Grameen Ltd. | Financial | 2.50% | ₹6.23 Cr | +2.59% | +0.97% | — |
| BSE Ltd. | Services | 2.48% | ₹6.18 Cr | +2.74% | +1.23% | — |
| Bajaj Finance Ltd. | Financial | 2.47% | ₹6.16 Cr | +3.62% | +4.21% | — |
| Axis Bank Ltd. | Financial | 2.39% | ₹5.97 Cr | +6.37% | +8.56% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 2.15% | ₹5.36 Cr | +1.64% | +1.09% | — |
| Bank of Maharashtra | Financial | 2.06% | ₹5.13 Cr | +1.04% | — | — |
| HDB Financial Services Ltd. | Financial | 1.86% | ₹4.64 Cr | — | — | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.62% | ₹4.05 Cr | — | — | — |
| OnEMI Technology Solutions Ltd. | Financial | 1.40% | ₹3.48 Cr | +0.89% | — | — |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 1.37% | ₹3.42 Cr | — | — | — |
| Karur Vysya Bank Ltd. | Financial | 1.33% | ₹3.32 Cr | +1.07% | +1.18% | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.31% | ₹3.26 Cr | +1.28% | +1.89% | — |
| Nuvama Wealth Management Ltd. | Financial | 1.23% | ₹3.06 Cr | — | — | — |
| Housing & Urban Development Corporation Ltd. | Financial | 1.20% | ₹3.00 Cr | +1.31% | +1.14% | — |
| National Stock Exchange | Financial | 1.08% | ₹2.69 Cr | — | — | — |
| Nippon Life India Asset Management Ltd. | Financial | 1.07% | ₹2.68 Cr | +1.03% | — | — |
| Canara Bank | Financial | 1.03% | ₹2.57 Cr | +0.40% | +0.93% | — |
| Anand Rathi Wealth Ltd. | Financial | 1.02% | ₹2.54 Cr | — | — | — |
| Turtlemint Fintech Solutions Ltd. | Financial | 0.88% | ₹2.20 Cr | +0.79% | — | — |
| Aye Finance Ltd. | Financial | 0.25% | ₹0.62 Cr | +2.38% | +0.96% | — |
| SBI Cards And Payment Services Ltd. | Financial | 0.10% | ₹0.26 Cr | +0.09% | +0.92% | — |
| Power Finance Corporation Ltd. | Financial | 0.03% | ₹0.07 Cr | +2.42% | +2.43% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 10.55% | 0.02% | -10.53% |
| ICICI Bank Ltd. | 13.40% | 10.41% | -2.99% |
| PB Fintech Ltd. | 2.27% | 0.00% | -2.27% |
| Others | 0.24% | 2.45% | +2.21% |
| Max Financial Services Ltd. | 2.16% | 0.00% | -2.16% |
| Bajaj Finance Ltd. | 3.94% | 2.47% | -1.47% |
| Multi Commodity Exchange Of India Ltd. | 1.03% | 2.15% | +1.12% |
| National Stock Exchange | 0.00% | 1.08% | +1.08% |
| Anand Rathi Wealth Ltd. | 0.00% | 1.02% | +1.02% |
| SBI Life Insurance Company Ltd. | 0.95% | 0.00% | -0.95% |
| HDB Financial Services Ltd. | 0.99% | 1.86% | +0.87% |
| Turtlemint Fintech Solutions Ltd. | 1.52% | 0.88% | -0.64% |
| OnEMI Technology Solutions Ltd. | 1.01% | 1.40% | +0.39% |
| ICICI Prudential Asset Management Company Ltd. | 3.22% | 3.60% | +0.38% |
| One 97 Communications Ltd. | 3.78% | 4.04% | +0.26% |
| Aye Finance Ltd. | 0.00% | 0.25% | +0.25% |
| Kotak Mahindra Bank Ltd. | 2.83% | 3.08% | +0.25% |
| City Union Bank Ltd. | 2.91% | 3.14% | +0.23% |
| Bank Of Baroda | 3.37% | 3.56% | +0.19% |
| Computer Age Management Services Ltd. | 2.87% | 2.69% | -0.18% |
| Shriram Finance Ltd | 4.99% | 4.83% | -0.16% |
| HDFC Asset Management Company Ltd. | 3.11% | 2.96% | -0.15% |
| Bank of Maharashtra | 1.94% | 2.06% | +0.12% |
| Angel One Ltd. | 2.41% | 2.52% | +0.11% |
| Ujjivan Small Finance Bank Ltd. | 1.52% | 1.62% | +0.10% |
| State Bank of India | 8.86% | 8.77% | -0.09% |
| Axis Bank Ltd. | 2.32% | 2.39% | +0.07% |
| BSE Ltd. | 2.41% | 2.48% | +0.07% |
| Cholamandalam Investment and Finance Company Ltd. | 1.37% | 1.31% | -0.06% |
| Indian Bank | 3.21% | 3.15% | -0.06% |
| Canara HSBC Life Insurance Company Ltd. | 1.32% | 1.37% | +0.05% |
| CreditAccess Grameen Ltd. | 2.45% | 2.50% | +0.05% |
| Nuvama Wealth Management Ltd. | 1.19% | 1.23% | +0.04% |
| Canara Bank | 1.00% | 1.03% | +0.03% |
| Karur Vysya Bank Ltd. | 1.30% | 1.33% | +0.03% |
| SBI Cards And Payment Services Ltd. | 0.11% | 0.10% | -0.01% |
| Housing & Urban Development Corporation Ltd. | 1.20% | 1.20% | 0.00% |
| Nippon Life India Asset Management Ltd. | 1.07% | 1.07% | 0.00% |
| Power Finance Corporation Ltd. | 0.03% | 0.03% | 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 | ₹2,911 Cr | 2.17% | 6.1% | 10.4% | 13.4% |
 SBI Banking & Financial Services Fund | ₹10,420 Cr | 2.16% | 5.2% | 9.9% | 13.4% |
 Invesco India Financial Services Fund | ₹1,810 Cr | 2.16% | 7.1% | 10.5% | 14.7% |
 UTI Banking and Financial Services Fund | ₹1,339 Cr | 2.37% | 9.0% | 9.5% | 12.1% |
 Quant BFSI Fund | ₹894 Cr | 3.36% | 6.8% | 12.1% | — |
 Kotak Nifty Financial Services Ex-Bank Index Fund | ₹91.11 Cr | 0.82% | 2.3% | 10.2% | — |
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 months−2.52% absolute | ₹60,000 | ₹58,488 | −2.52% |
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.