Bank of India Manufacturing & Infrastructure Fund
Sectoral-InfrastructureVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹66.98+0.42%1 day
- Return since launch
- 12.0%
- 52-week range
- ₹54.68 — ₹67.66
- AUM
- ₹949 Cr
Bank of India Manufacturing & Infrastructure Fund is a Sectoral-Infrastructure equity fund from Bank of India Mutual Fund with ₹949 Cr under management, launched in 2010. Over three years it has returned 15.4% a year, against 16.0% for its category. The expense ratio is 2.63% and the SEBI riskometer reading is Very High.
Performance
Bank of India Manufacturing & Infrastructure Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +18.5% against +0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 20.4% | +14.7 pts | 5.7% | 1.0% |
| 2Y | 16.3% | +10.7 pts | 5.6% | 1.3% |
| 3Y | 15.4% | −0.6 pts | 16.0% | 3.5% |
| 5Y | 20.6% | +3.4 pts | 17.1% | 12.6% |
| 7Y | 23.5% | +3.0 pts | 20.5% | 17.2% |
| 10Y | 20.4% | +5.2 pts | 15.3% | 14.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.5% | +1.7 pts | -2.1% | -2.2% |
| 3M | 2.9% | +5.2 pts | -2.3% | -2.6% |
| 6M | 19.6% | +6.4 pts | 13.3% | 11.3% |
| 1Y | 18.5% | +12.8 pts | 5.7% | 0.7% |
| 2Y | 5.7% | +7.4 pts | -1.7% | -4.9% |
| 3Y | 20.8% | +4.8 pts | 16.0% | 12.1% |
| 5Y | 19.4% | +2.3 pts | 17.1% | 14.4% |
| 7Y | 23.6% | +3.6 pts | 19.9% | 16.9% |
| 10Y | 18.0% | +2.8 pts | 15.3% | 12.7% |
Since launch (20 Jan 2010): 12.0%
Calendar-year returns
Category average28.1%
52.5%
3.3%
44.7%
25.5%
7.8%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.8% | +7.2 pts | 0.6% |
| 2024 | 25.5% | −3.5 pts | 29.0% |
| 2023 | 44.7% | −2.5 pts | 47.2% |
| 2022 | 3.3% | −7.3 pts | 10.6% |
| 2021 | 52.5% | −0.6 pts | 53.1% |
| 2020 | 28.1% | +18.2 pts | 9.9% |
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
2.57%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.93%
- Brokerage
- 0.09%
- Transaction charges
- 0.01%
- Statutory levies
- 0.54%
- 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
- NA
- 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.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 6.86 | 5.43 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.60 | 0.69 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.85 | 0.74 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.17 | 1.15 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 18.06 | 20.59 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Bank of India Manufacturing & Infrastructure Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity92.0%
- Debt0.1%
- Other7.9%
Market cap split
- Large35.3%
- Mid28.5%
- Small36.2%
- P/E
- 26.17
- P/B
- 3.34
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 7.94% | ₹75.17 Cr | +0.56% | +0.16% | -0.04% |
| Reliance Industries Ltd. | Energy | 7.93% | ₹75.27 Cr | +5.97% | +6.83% | +6.22% |
| Larsen & Toubro Ltd. | Construction | 5.43% | ₹51.55 Cr | +6.58% | +9.38% | +6.22% |
| NTPC Ltd. | Energy | 4.71% | ₹44.65 Cr | +6.13% | +6.93% | +4.65% |
| Dixon Technologies (India) Ltd. | Capital Goods | 3.87% | ₹36.68 Cr | +3.57% | — | +0.41% |
| ITC Ltd. | Consumer Staples | 3.55% | ₹33.68 Cr | +1.96% | — | — |
| Petronet LNG Ltd. | Energy | 3.50% | ₹33.18 Cr | +3.20% | +2.40% | — |
| Aurobindo Pharma Ltd. | Healthcare | 3.48% | ₹33.00 Cr | +3.55% | +2.57% | +1.48% |
| Bharti Airtel Ltd. | Communication | 3.31% | ₹31.42 Cr | +4.02% | +2.54% | +2.94% |
| Quality Power Electrical Equipments Ltd. | Capital Goods | 3.10% | ₹29.43 Cr | +2.76% | +2.37% | +2.47% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 2.26% | ₹21.40 Cr | +1.90% | — | — |
| Steel Authority Of India Ltd. | Metals & Mining | 2.19% | ₹20.73 Cr | +0.80% | — | — |
| Stylam Industries Ltd. | Materials | 2.19% | ₹20.79 Cr | +2.99% | +2.70% | +1.31% |
| Britannia Industries Ltd. | Consumer Staples | 2.13% | ₹20.25 Cr | — | — | — |
| PSP Projects Ltd. | Construction | 2.08% | ₹19.72 Cr | +1.83% | +1.61% | +1.72% |
| MRF Ltd. | Automobile | 1.90% | ₹18.06 Cr | +1.15% | +0.88% | — |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 1.75% | ₹16.61 Cr | +2.38% | +2.31% | +2.60% |
| Cemindia Projects Ltd. | Construction | 1.73% | ₹16.42 Cr | +3.30% | +1.80% | +0.01% |
| Eris Lifesciences Ltd. | Healthcare | 1.72% | ₹16.31 Cr | +2.23% | +2.48% | +2.92% |
| Abbott India Ltd. | Healthcare | 1.63% | ₹15.45 Cr | +2.03% | +1.52% | — |
| Maruti Suzuki India Ltd. | Automobile | 1.59% | ₹15.12 Cr | — | — | — |
| Endurance Technologies Ltd. | Automobile | 1.46% | ₹13.82 Cr | +2.10% | — | — |
| Wockhardt Ltd. | Healthcare | 1.44% | ₹13.67 Cr | +0.84% | +0.64% | +0.50% |
| Mankind Pharma Ltd. | Healthcare | 1.28% | ₹12.11 Cr | — | — | — |
| company:1390 | Healthcare | 1.26% | ₹11.93 Cr | — | — | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.24% | ₹11.81 Cr | +2.63% | +2.23% | +1.97% |
| Carraro India Ltd. | Capital Goods | 1.19% | ₹11.29 Cr | +1.39% | +1.53% | +1.39% |
| Knack Packaging Ltd. | Materials | 1.18% | ₹11.16 Cr | — | — | — |
| HEG Advanced Materials Ltd. | Capital Goods | 1.16% | ₹10.99 Cr | +1.08% | +1.26% | +0.84% |
| Sanathan Textiles Ltd. | Textiles | 1.16% | ₹11.00 Cr | +0.66% | +0.77% | +1.02% |
| United Spirits Ltd. | Consumer Staples | 1.16% | ₹11.03 Cr | +1.19% | +1.48% | — |
| Acutaas Chemicals Ltd. | Healthcare | 1.15% | ₹10.94 Cr | +2.40% | +1.57% | +3.11% |
| Steelcast Ltd. | Metals & Mining | 1.13% | ₹10.70 Cr | +1.10% | +1.04% | +0.39% |
| Gufic Biosciences Ltd. | Healthcare | 1.11% | ₹10.56 Cr | +0.84% | — | — |
| Bayer CropScience Ltd. | Chemicals | 1.10% | ₹10.42 Cr | +1.50% | +1.59% | +1.76% |
| Lloyds Metals & Energy Ltd. | Metals & Mining | 1.07% | ₹10.20 Cr | +2.97% | +3.20% | +3.54% |
| Sky Gold And Diamonds Ltd. | Consumer Discretionary | 1.05% | ₹10.01 Cr | +1.49% | +1.19% | +1.27% |
| Jyoti CNC Automation Ltd. | Capital Goods | 1.02% | ₹9.68 Cr | +0.73% | — | — |
| Ganesha Ecosphere Ltd. | Textiles | 0.95% | ₹9.01 Cr | 0.00% | — | — |
| SJS Enterprises Ltd. | Automobile | 0.95% | ₹9.06 Cr | +1.07% | +1.02% | +2.12% |
| Sobha Ltd. | Construction | 0.95% | ₹8.99 Cr | +0.30% | +0.33% | +0.40% |
| Bharat Dynamics Ltd. | Capital Goods | 0.94% | ₹8.93 Cr | +1.07% | +1.63% | — |
| Jindal Stainless Ltd. | Metals & Mining | 0.93% | ₹8.80 Cr | +1.09% | +1.41% | +1.65% |
| TD Power Systems Ltd. | Capital Goods | 0.82% | ₹7.77 Cr | +0.84% | +1.31% | +1.52% |
| Shakti Pumps (India) Ltd. | Capital Goods | 0.80% | ₹7.55 Cr | +1.03% | +1.16% | +1.96% |
| Jash Engineering Ltd. | Capital Goods | 0.79% | ₹7.51 Cr | — | — | — |
| Oil India Ltd. | Energy | 0.78% | ₹7.39 Cr | +0.92% | +2.85% | +2.19% |
| Senco Gold Ltd. | Consumer Discretionary | 0.78% | ₹7.44 Cr | +0.88% | +1.31% | +1.99% |
| Swan Corp Ltd. | Construction | 0.74% | ₹7.04 Cr | +1.00% | +1.33% | +1.56% |
| Kalpataru Projects International Ltd. | Capital Goods | 0.68% | ₹6.49 Cr | +0.77% | +0.83% | +0.97% |
| KNR Constructions Ltd. | Construction | 0.59% | ₹5.58 Cr | +0.74% | +0.33% | +0.54% |
| Swan Defence and Heavy Industries Ltd. | Capital Goods | 0.44% | ₹4.16 Cr | +0.44% | — | — |
| JK Cement Ltd. | Materials | 0.31% | ₹2.96 Cr | +0.38% | — | — |
| Tata Steel Ltd. | Metals & Mining | 0.31% | ₹2.97 Cr | +0.42% | — | — |
| Reserve Bank of India | Financial | 0.09% | ₹0.83 Cr | +0.10% | +0.12% | +0.02% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.00% | ₹0.02 Cr | +0.83% | +1.00% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:1390 | 0.00% | 1.26% | +1.26% |
| Others | 1.01% | 0.02% | -0.99% |
| Hero Motocorp Ltd. | 0.85% | 0.00% | -0.85% |
| Steel Authority Of India Ltd. | 1.41% | 2.19% | +0.78% |
| Endurance Technologies Ltd. | 2.23% | 1.46% | -0.77% |
| Wockhardt Ltd. | 0.71% | 1.44% | +0.73% |
| Stylam Industries Ltd. | 2.90% | 2.19% | -0.71% |
| Sobha Ltd. | 0.33% | 0.95% | +0.62% |
| ITC Ltd. | 4.15% | 3.55% | -0.60% |
| NTPC Ltd. | 5.30% | 4.71% | -0.59% |
| Bharti Airtel Ltd. | 3.83% | 3.31% | -0.52% |
| Quality Power Electrical Equipments Ltd. | 2.60% | 3.10% | +0.50% |
| Knack Packaging Ltd. | 0.75% | 1.18% | +0.43% |
| Sanathan Textiles Ltd. | 0.87% | 1.16% | +0.29% |
| MRF Ltd. | 1.64% | 1.90% | +0.26% |
| Vedanta Aluminium Metal Ltd. | 2.50% | 2.26% | -0.24% |
| Gufic Biosciences Ltd. | 0.87% | 1.11% | +0.24% |
| PSP Projects Ltd. | 2.32% | 2.08% | -0.24% |
| Abbott India Ltd. | 1.86% | 1.63% | -0.23% |
| Lloyds Metals & Energy Ltd. | 1.30% | 1.07% | -0.23% |
| Cemindia Projects Ltd. | 1.95% | 1.73% | -0.22% |
| Britannia Industries Ltd. | 2.34% | 2.13% | -0.21% |
| Acutaas Chemicals Ltd. | 0.95% | 1.15% | +0.20% |
| Larsen & Toubro Ltd. | 5.62% | 5.43% | -0.19% |
| Eris Lifesciences Ltd. | 1.91% | 1.72% | -0.19% |
| Maruti Suzuki India Ltd. | 1.78% | 1.59% | -0.19% |
| TD Power Systems Ltd. | 0.63% | 0.82% | +0.19% |
| Adani Ports and Special Economic Zone Ltd. | 1.41% | 1.24% | -0.17% |
| Jyoti CNC Automation Ltd. | 0.88% | 1.02% | +0.14% |
| Bayer CropScience Ltd. | 1.24% | 1.10% | -0.14% |
| Jash Engineering Ltd. | 0.91% | 0.79% | -0.12% |
| Dr. Reddy's Laboratories Ltd. | 1.85% | 1.75% | -0.10% |
| United Spirits Ltd. | 1.26% | 1.16% | -0.10% |
| Jindal Stainless Ltd. | 1.03% | 0.93% | -0.10% |
| Senco Gold Ltd. | 0.88% | 0.78% | -0.10% |
| Shakti Pumps (India) Ltd. | 0.90% | 0.80% | -0.10% |
| Mankind Pharma Ltd. | 1.38% | 1.28% | -0.10% |
| Swan Corp Ltd. | 0.83% | 0.74% | -0.09% |
| Steelcast Ltd. | 1.06% | 1.13% | +0.07% |
| HEG Advanced Materials Ltd. | 1.11% | 1.16% | +0.05% |
| Reliance Industries Ltd. | 7.88% | 7.93% | +0.05% |
| Bharat Dynamics Ltd. | 0.98% | 0.94% | -0.04% |
| Ganesha Ecosphere Ltd. | 0.99% | 0.95% | -0.04% |
| KNR Constructions Ltd. | 0.63% | 0.59% | -0.04% |
| JK Cement Ltd. | 0.35% | 0.31% | -0.04% |
| Tata Steel Ltd. | 0.34% | 0.31% | -0.03% |
| Swan Defence and Heavy Industries Ltd. | 0.47% | 0.44% | -0.03% |
| Petronet LNG Ltd. | 3.47% | 3.50% | +0.03% |
| Carraro India Ltd. | 1.21% | 1.19% | -0.02% |
| Dixon Technologies (India) Ltd. | 3.89% | 3.87% | -0.02% |
| SJS Enterprises Ltd. | 0.97% | 0.95% | -0.02% |
| Sky Gold And Diamonds Ltd. | 1.07% | 1.05% | -0.02% |
| Kalpataru Projects International Ltd. | 0.67% | 0.68% | +0.01% |
| Oil India Ltd. | 0.79% | 0.78% | -0.01% |
| Aurobindo Pharma Ltd. | 3.47% | 3.48% | +0.01% |
| Oil And Natural Gas Corporation Ltd. | 0.00% | 0.00% | 0.00% |
| Reserve Bank of India | 0.09% | 0.09% | 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 | ₹4,191 Cr | 2.26% | 9.7% | 10.4% | 18.9% |
 Nippon India Power & Infra Fund | ₹8,137 Cr | 1.95% | 9.2% | 9.0% | 18.9% |
 DSP India T.I.G.E.R. Fund | ₹6,467 Cr | 2.03% | 15.4% | 12.1% | 20.0% |
 LIC MF Infrastructure Fund | ₹1,174 Cr | 2.67% | 14.5% | 13.3% | 20.7% |
 Canara Robeco Infrastructure Fund | ₹987 Cr | 2.38% | -0.5% | 7.3% | 16.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in manufacturing and infrastructure and related sectors.
Fund managers
- Nitin GosarMr. Gosar holds a Masterâs degree in Finance from ICFAI.Prior to joining Bank of India Mutual Fund, he was working with Invesco Mutual Fund, IFCI Financial Services Ltd. (I-Fin) as Research Analyst. He has also worked Batlivala & Karani Securities, SKP Securities and NDA Securities.
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 months19.65% absolute | ₹60,000 | ₹71,790 | 19.65% | |
| 1 year18.53% annualised | ₹1,20,000 | ₹1,32,754 | 10.63% | |
| 3 years20.82% annualised | ₹3,60,000 | ₹5,02,824 | 39.67% | |
| 5 years19.44% annualised | ₹6,00,000 | ₹10,17,904 | 69.65% |
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.
What is the NAV of Bank of India Manufacturing & Infrastructure Fund?
The NAV of Bank of India Manufacturing & Infrastructure Fund is ₹66.98 as on 25 Sep 2026.
What is the expense ratio of Bank of India Manufacturing & Infrastructure Fund?
The expense ratio of Bank of India Manufacturing & Infrastructure Fund is 2.63% per year.
What is the minimum SIP amount for Bank of India Manufacturing & Infrastructure Fund?
You can start a SIP in Bank of India Manufacturing & Infrastructure Fund with ₹3,000 a month.
What returns has Bank of India Manufacturing & Infrastructure Fund given?
Bank of India Manufacturing & Infrastructure Fund has returned 20.4% over 1 year, 15.4% over 3 years and 20.6% over 5 years (annualised).
Is there a lock-in or exit load on Bank of India Manufacturing & Infrastructure Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months..
How risky is Bank of India Manufacturing & Infrastructure Fund?
Bank of India Manufacturing & Infrastructure Fund is rated Very High on the SEBI riskometer and belongs to the Sectoral-Infrastructure category.
Which fund house manages Bank of India Manufacturing & Infrastructure Fund?
Bank of India Manufacturing & Infrastructure Fund is managed by Bank of India Mutual Fund, which runs 23 schemes with ₹15,446 Cr under management.