Bank of India Multi Cap Fund
Multi CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹20.24+1.30%1 day
- Return since launch
- 20.7%
- 52-week range
- ₹16.62 — ₹20.18
- AUM
- ₹1,357 Cr
Bank of India Multi Cap Fund is a Multi Cap equity fund from Bank of India Mutual Fund with ₹1,357 Cr under management, launched in 2023. Over three years it has returned 11.3% a year, against 13.7% for its category. The expense ratio is 2.48% and the SEBI riskometer reading is Very High.
Performance
Bank of India Multi Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +10.4% against +0.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 15.1% | +10.6 pts | 4.6% | 7.5% |
| 2Y | 12.5% | +5.4 pts | 7.1% | 4.7% |
| 3Y | 11.3% | −2.3 pts | 13.7% | 5.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 5.7% | +1.1 pts | 4.6% | 5.1% |
| 3M | 1.0% | +1.9 pts | -0.9% | -0.7% |
| 6M | 7.4% | +1.7 pts | 5.8% | 5.1% |
| 1Y | 10.5% | +6.0 pts | 4.6% | 0.4% |
| 2Y | 7.6% | +3.9 pts | 3.7% | 1.5% |
| 3Y | 16.4% | +2.8 pts | 13.7% | 11.7% |
Since launch (10 Feb 2023): 20.7%
Calendar-year returns
Category average22.1%
7.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.2% | +3.6 pts | 3.6% |
| 2024 | 22.1% | −2.9 pts | 25.0% |
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
2.45%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.83%
- Brokerage
- 0.09%
- Transaction charges
- 0.01%
- Statutory levies
- 0.52%
- 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 500 Multicap 50:25:25 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.
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 | 6.23 | 6.65 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.95 | 0.95 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.61 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.90 | 0.84 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 16.54 | 16.76 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Bank of India Multi Cap Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity89.9%
- Debt0.1%
- Other10.0%
Market cap split
- Large34.5%
- Mid32.2%
- Small33.3%
- P/E
- 22.89
- P/B
- 3.11
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 10.03% | ₹135 Cr | +1.46% | +8.08% | +0.04% |
| HDFC Bank Ltd. | Financial | 5.48% | ₹73.57 Cr | +4.89% | +4.94% | +3.91% |
| Reliance Industries Ltd. | Energy | 4.00% | ₹53.71 Cr | +3.82% | +4.74% | +4.77% |
| Entero Healthcare Solutions Ltd. | Healthcare | 2.76% | ₹37.05 Cr | +1.89% | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 2.71% | ₹36.48 Cr | +2.89% | +3.30% | +2.29% |
| Container Corporation Of India Ltd. | Services | 2.62% | ₹35.22 Cr | — | — | — |
| Aurobindo Pharma Ltd. | Healthcare | 2.59% | ₹34.74 Cr | +3.37% | +3.52% | +1.88% |
| Tips Industries Ltd. | Services | 2.54% | ₹34.08 Cr | +2.59% | +2.42% | +2.68% |
| Quality Power Electrical Equipments Ltd. | Capital Goods | 2.45% | ₹32.89 Cr | +2.14% | +1.57% | +1.89% |
| Bank of Maharashtra | Financial | 2.40% | ₹32.28 Cr | +2.55% | +1.99% | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 2.39% | ₹32.18 Cr | +2.81% | — | — |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 2.32% | ₹31.12 Cr | +2.23% | +2.61% | +2.22% |
| Petronet LNG Ltd. | Energy | 2.27% | ₹30.43 Cr | +2.27% | +1.49% | — |
| State Bank of India | Financial | 2.19% | ₹29.39 Cr | +2.65% | +2.42% | +2.10% |
| Eris Lifesciences Ltd. | Healthcare | 2.01% | ₹27.06 Cr | +2.48% | +2.56% | +2.80% |
| Bank Of Baroda | Financial | 1.97% | ₹26.51 Cr | — | — | — |
| Stylam Industries Ltd. | Materials | 1.97% | ₹26.47 Cr | +2.94% | +2.75% | +0.94% |
| Hero Motors Ltd. | Automobile | 1.70% | ₹22.88 Cr | — | — | — |
| ITC Ltd. | Consumer Staples | 1.68% | ₹22.54 Cr | +1.34% | — | — |
| FSN E-Commerce Ventures Ltd. | Services | 1.66% | ₹22.28 Cr | +2.94% | +2.81% | +2.86% |
| Shriram Finance Ltd | Financial | 1.62% | ₹21.80 Cr | +1.43% | +0.74% | +1.59% |
| Acutaas Chemicals Ltd. | Healthcare | 1.58% | ₹21.26 Cr | +1.99% | +1.91% | +2.59% |
| Cemindia Projects Ltd. | Construction | 1.56% | ₹20.92 Cr | +2.47% | +1.23% | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.50% | ₹20.14 Cr | +1.84% | — | — |
| Aditya Vision Ltd. | Services | 1.42% | ₹19.03 Cr | +2.56% | +2.04% | +1.19% |
| Tata Consultancy Services Ltd. | Technology | 1.38% | ₹18.54 Cr | +1.64% | +2.41% | +2.10% |
| One 97 Communications Ltd. | Services | 1.37% | ₹18.39 Cr | — | — | — |
| Larsen & Toubro Ltd. | Construction | 1.36% | ₹18.32 Cr | +1.70% | +3.60% | +2.15% |
| Mankind Pharma Ltd. | Healthcare | 1.36% | ₹18.25 Cr | +0.50% | — | — |
| Abbott India Ltd. | Healthcare | 1.34% | ₹18.00 Cr | +1.42% | +1.83% | +0.47% |
| Bharti Airtel Ltd. | Communication | 1.31% | ₹17.65 Cr | +1.57% | — | +0.95% |
| Steel Authority Of India Ltd. | Metals & Mining | 1.27% | ₹17.07 Cr | — | — | — |
| SBI Life Insurance Company Ltd. | Insurance | 1.26% | ₹16.87 Cr | — | — | — |
| Maruti Suzuki India Ltd. | Automobile | 1.20% | ₹16.17 Cr | — | — | — |
| NTPC Ltd. | Energy | 1.16% | ₹15.60 Cr | +1.45% | +1.91% | +1.78% |
| Godfrey Phillips India Ltd. | Consumer Staples | 1.07% | ₹14.35 Cr | +1.03% | +0.44% | — |
| Emami Ltd. | Consumer Staples | 1.05% | ₹14.06 Cr | +1.26% | +1.56% | — |
| CreditAccess Grameen Ltd. | Financial | 1.01% | ₹13.62 Cr | +1.34% | — | — |
| Britannia Industries Ltd. | Consumer Staples | 0.98% | ₹13.22 Cr | +0.70% | — | — |
| Lloyds Metals & Energy Ltd. | Metals & Mining | 0.96% | ₹12.95 Cr | +2.11% | +3.19% | +3.13% |
| Vijaya Diagnostic Centre Ltd. | Healthcare | 0.96% | ₹12.93 Cr | +1.03% | — | — |
| PSP Projects Ltd. | Construction | 0.90% | ₹12.07 Cr | +1.30% | +0.64% | +0.82% |
| Endurance Technologies Ltd. | Automobile | 0.88% | ₹11.85 Cr | +1.27% | — | — |
| MRF Ltd. | Automobile | 0.85% | ₹11.46 Cr | +0.50% | — | — |
| Jindal Stainless Ltd. | Metals & Mining | 0.83% | ₹11.21 Cr | +0.88% | +1.38% | +1.53% |
| Gujarat Themis Biosyn Ltd. | Healthcare | 0.81% | ₹10.95 Cr | — | — | — |
| Bayer CropScience Ltd. | Chemicals | 0.78% | ₹10.45 Cr | +1.01% | +1.43% | +1.39% |
| Jash Engineering Ltd. | Capital Goods | 0.69% | ₹9.21 Cr | +0.67% | — | — |
| SJS Enterprises Ltd. | Automobile | 0.67% | ₹9.03 Cr | +1.40% | +1.24% | +1.60% |
| HEG Graphite Ltd. | Capital Goods | 0.65% | ₹8.70 Cr | — | — | — |
| Bharat Dynamics Ltd. | Capital Goods | 0.64% | ₹8.55 Cr | +0.89% | +0.97% | +0.76% |
| LEAP India Ltd. | Services | 0.64% | ₹8.67 Cr | — | — | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.61% | ₹8.20 Cr | +1.28% | +1.17% | +1.03% |
| Shakti Pumps (India) Ltd. | Capital Goods | 0.58% | ₹7.86 Cr | +0.84% | +0.84% | +1.40% |
| Bharti Hexacom Ltd. | Communication | 0.57% | ₹7.67 Cr | +0.67% | +0.87% | — |
| Senco Gold Ltd. | Consumer Discretionary | 0.54% | ₹7.22 Cr | +0.55% | +1.04% | +1.77% |
| Steelcast Ltd. | Metals & Mining | 0.54% | ₹7.20 Cr | +0.49% | +0.46% | — |
| Sky Gold And Diamonds Ltd. | Consumer Discretionary | 0.52% | ₹6.95 Cr | +1.29% | +0.98% | +0.89% |
| Sobha Ltd. | Construction | 0.51% | ₹6.82 Cr | +0.35% | +0.39% | +0.52% |
| PB Fintech Ltd. | Services | 0.50% | ₹6.66 Cr | +2.09% | +1.92% | +2.69% |
| Swan Corp Ltd. | Construction | 0.50% | ₹6.76 Cr | +0.64% | +0.77% | +1.11% |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 0.49% | ₹6.57 Cr | — | — | — |
| Oberoi Realty Ltd. | Construction | 0.49% | ₹6.63 Cr | +1.03% | +1.49% | +1.71% |
| Wockhardt Ltd. | Healthcare | 0.47% | ₹6.35 Cr | — | — | — |
| Tata Steel Ltd. | Metals & Mining | 0.40% | ₹5.41 Cr | +0.47% | +1.01% | — |
| United Spirits Ltd. | Consumer Staples | 0.37% | ₹5.01 Cr | +0.42% | +0.48% | — |
| Reserve Bank of India | Financial | 0.09% | ₹1.23 Cr | +0.10% | +0.13% | +0.01% |
| Glass Wall Systems (India) Ltd. | Construction | 0.02% | ₹0.24 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Bank Of Baroda | 0.00% | 1.97% | +1.97% |
| Hero Motors Ltd. | 0.00% | 1.70% | +1.70% |
| PB Fintech Ltd. | 2.14% | 0.50% | -1.64% |
| FSN E-Commerce Ventures Ltd. | 2.93% | 1.66% | -1.27% |
| Dixon Technologies (India) Ltd. | 3.51% | 2.39% | -1.12% |
| Apollo Hospitals Enterprise Ltd. | 1.05% | 0.00% | -1.05% |
| Others | -0.05% | 1.00% | +1.05% |
| HEG Advanced Materials Ltd. | 1.01% | 0.00% | -1.01% |
| Entero Healthcare Solutions Ltd. | 3.60% | 2.76% | -0.84% |
| HEG Graphite Ltd. | 0.00% | 0.65% | +0.65% |
| Container Corporation Of India Ltd. | 2.02% | 2.62% | +0.60% |
| Aurobindo Pharma Ltd. | 3.18% | 2.59% | -0.59% |
| Acutaas Chemicals Ltd. | 1.05% | 1.58% | +0.53% |
| Wockhardt Ltd. | 0.00% | 0.47% | +0.47% |
| Sky Gold And Diamonds Ltd. | 0.97% | 0.52% | -0.45% |
| Reliance Industries Ltd. | 4.33% | 4.00% | -0.33% |
| HDFC Bank Ltd. | 5.22% | 5.48% | +0.26% |
| State Bank of India | 2.43% | 2.19% | -0.24% |
| Tata Consultancy Services Ltd. | 1.62% | 1.38% | -0.24% |
| SJS Enterprises Ltd. | 0.91% | 0.67% | -0.24% |
| Quality Power Electrical Equipments Ltd. | 2.23% | 2.45% | +0.22% |
| Shriram Finance Ltd | 1.84% | 1.62% | -0.22% |
| Eris Lifesciences Ltd. | 2.21% | 2.01% | -0.20% |
| Sobha Ltd. | 0.33% | 0.51% | +0.18% |
| Maruti Suzuki India Ltd. | 1.37% | 1.20% | -0.17% |
| LEAP India Ltd. | 0.79% | 0.64% | -0.15% |
| Jash Engineering Ltd. | 0.54% | 0.69% | +0.15% |
| Petronet LNG Ltd. | 2.41% | 2.27% | -0.14% |
| Dr. Reddy's Laboratories Ltd. | 2.18% | 2.32% | +0.14% |
| PSP Projects Ltd. | 1.03% | 0.90% | -0.13% |
| Godfrey Phillips India Ltd. | 1.20% | 1.07% | -0.13% |
| Larsen & Toubro Ltd. | 1.48% | 1.36% | -0.12% |
| Stylam Industries Ltd. | 2.08% | 1.97% | -0.11% |
| Bank of Maharashtra | 2.50% | 2.40% | -0.10% |
| Britannia Industries Ltd. | 1.08% | 0.98% | -0.10% |
| Steel Authority Of India Ltd. | 1.37% | 1.27% | -0.10% |
| Bharat Dynamics Ltd. | 0.74% | 0.64% | -0.10% |
| Vedanta Aluminium Metal Ltd. | 1.59% | 1.50% | -0.09% |
| Canara HSBC Life Insurance Company Ltd. | 0.40% | 0.49% | +0.09% |
| CreditAccess Grameen Ltd. | 1.09% | 1.01% | -0.08% |
| Bayer CropScience Ltd. | 0.86% | 0.78% | -0.08% |
| Endurance Technologies Ltd. | 0.96% | 0.88% | -0.08% |
| Gujarat Themis Biosyn Ltd. | 0.89% | 0.81% | -0.08% |
| MRF Ltd. | 0.92% | 0.85% | -0.07% |
| Adani Ports and Special Economic Zone Ltd. | 0.54% | 0.61% | +0.07% |
| Vijaya Diagnostic Centre Ltd. | 1.02% | 0.96% | -0.06% |
| Abbott India Ltd. | 1.29% | 1.34% | +0.05% |
| Bharti Airtel Ltd. | 1.36% | 1.31% | -0.05% |
| Bharti Hexacom Ltd. | 0.62% | 0.57% | -0.05% |
| Cemindia Projects Ltd. | 1.61% | 1.56% | -0.05% |
| Senco Gold Ltd. | 0.59% | 0.54% | -0.05% |
| Emami Ltd. | 1.01% | 1.05% | +0.04% |
| ITC Ltd. | 1.64% | 1.68% | +0.04% |
| Kotak Mahindra Bank Ltd. | 2.75% | 2.71% | -0.04% |
| Mankind Pharma Ltd. | 1.32% | 1.36% | +0.04% |
| Oberoi Realty Ltd. | 0.53% | 0.49% | -0.04% |
| SBI Life Insurance Company Ltd. | 1.30% | 1.26% | -0.04% |
| Shakti Pumps (India) Ltd. | 0.62% | 0.58% | -0.04% |
| Steelcast Ltd. | 0.50% | 0.54% | +0.04% |
| Tips Industries Ltd. | 2.50% | 2.54% | +0.04% |
| United Spirits Ltd. | 0.41% | 0.37% | -0.04% |
| Jindal Stainless Ltd. | 0.79% | 0.83% | +0.04% |
| Lloyds Metals & Energy Ltd. | 0.92% | 0.96% | +0.04% |
| One 97 Communications Ltd. | 1.41% | 1.37% | -0.04% |
| NTPC Ltd. | 1.19% | 1.16% | -0.03% |
| Swan Corp Ltd. | 0.53% | 0.50% | -0.03% |
| Aditya Vision Ltd. | 1.44% | 1.42% | -0.02% |
| Glass Wall Systems (India) Ltd. | 0.00% | 0.02% | +0.02% |
| Tata Steel Ltd. | 0.41% | 0.40% | -0.01% |
| 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 | ₹6,622 Cr | 2.13% | 14.4% | 10.9% | 14.9% |
 Axis Multicap Fund | ₹12,234 Cr | 1.97% | 19.1% | 12.5% | — |
 Mahindra Manulife Multi Cap Fund | ₹7,457 Cr | 2.18% | 15.0% | 10.7% | 14.9% |
 WhiteOak Capital Multi Cap Fund | ₹4,610 Cr | 2.21% | 10.6% | 10.4% | — |
 LIC MF Multi Cap Fund | ₹2,187 Cr | 2.15% | 12.8% | 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 in equity and equity-related securities across various market capitalisation.
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 months7.43% absolute | ₹60,000 | ₹64,458 | 7.43% | |
| 1 year10.54% annualised | ₹1,20,000 | ₹1,27,077 | 5.90% | |
| 3 years16.44% annualised | ₹3,60,000 | ₹4,67,689 | 29.91% |
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 Multi Cap Fund?
The NAV of Bank of India Multi Cap Fund is ₹20.24 as on 9 Nov 2026.
What is the expense ratio of Bank of India Multi Cap Fund?
The expense ratio of Bank of India Multi Cap Fund is 2.48% per year.
What is the minimum SIP amount for Bank of India Multi Cap Fund?
You can start a SIP in Bank of India Multi Cap Fund with ₹3,000 a month.
Is there a lock-in or exit load on Bank of India Multi Cap 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 Multi Cap Fund?
Bank of India Multi Cap Fund is rated Very High on the SEBI riskometer and belongs to the Multi Cap category.
Which fund house manages Bank of India Multi Cap Fund?
Bank of India Multi Cap Fund is managed by Bank of India Mutual Fund, which runs 23 schemes with ₹17,978 Cr under management.