Bank of India Multi Cap Fund
Multi CapVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹19.68-1.50%1 day
- Return since launch
- 21.5%
- 52-week range
- ₹16.62 — ₹20.18
- AUM
- ₹1,335 Cr
Bank of India Multi Cap Fund is a Multi Cap equity fund from Bank of India Mutual Fund with ₹1,335 Cr under management, launched in 2023. Over three years it has returned 10.9% a year, against 13.4% for its category. The expense ratio is 2.54% 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 +11.1% against -0.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 11.2% | +6.6 pts | 4.6% | 2.4% |
| 2Y | 10.1% | +4.2 pts | 6.0% | 2.2% |
| 3Y | 10.9% | −2.5 pts | 13.4% | 4.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.2% | +0.7 pts | -2.9% | -3.1% |
| 3M | 1.0% | −0.3 pts | 1.3% | 0.6% |
| 6M | 13.9% | +0.8 pts | 13.1% | 11.5% |
| 1Y | 11.1% | +6.5 pts | 4.6% | -0.1% |
| 2Y | 3.1% | +3.1 pts | 0.1% | -2.8% |
| 3Y | 16.4% | +3.0 pts | 13.4% | 11.4% |
Since launch (10 Feb 2023): 21.5%
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
2.50%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.84%
- Brokerage
- 0.10%
- Transaction charges
- 0.01%
- Statutory levies
- 0.55%
- 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 | 6.33 | 7.04 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.96 | 0.98 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.75 | 0.77 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.08 | 0.97 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 16.29 | 17.00 | 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 31 Aug 2026
Asset allocation
- Equity94.4%
- Debt0.1%
- Other5.5%
Market cap split
- Large33.1%
- Mid35.3%
- Small31.6%
- P/E
- 25.95
- P/B
- 3.62
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 5.55% | ₹73.91 Cr | +0.20% | +0.12% | -0.06% |
| HDFC Bank Ltd. | Financial | 5.22% | ₹69.69 Cr | +4.88% | +3.28% | +4.00% |
| Reliance Industries Ltd. | Energy | 4.33% | ₹57.79 Cr | +4.17% | +4.55% | +4.84% |
| Entero Healthcare Solutions Ltd. | Healthcare | 3.60% | ₹48.06 Cr | +1.83% | — | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 3.51% | ₹46.92 Cr | +2.60% | — | — |
| Aurobindo Pharma Ltd. | Healthcare | 3.18% | ₹42.47 Cr | +3.25% | +2.60% | +1.24% |
| FSN E-Commerce Ventures Ltd. | Services | 2.93% | ₹39.17 Cr | +2.65% | +2.94% | +2.55% |
| Kotak Mahindra Bank Ltd. | Financial | 2.75% | ₹36.69 Cr | +3.03% | +3.59% | +2.30% |
| Bank of Maharashtra | Financial | 2.50% | ₹33.38 Cr | +2.17% | +1.97% | — |
| Tips Industries Ltd. | Services | 2.50% | ₹33.35 Cr | +2.93% | +2.45% | +2.50% |
| State Bank of India | Financial | 2.43% | ₹32.47 Cr | +2.31% | +2.75% | +1.97% |
| Petronet LNG Ltd. | Energy | 2.41% | ₹32.16 Cr | +1.94% | +1.80% | — |
| Quality Power Electrical Equipments Ltd. | Capital Goods | 2.23% | ₹29.80 Cr | +1.99% | +1.38% | +1.41% |
| Eris Lifesciences Ltd. | Healthcare | 2.21% | ₹29.45 Cr | +2.33% | +2.48% | +3.13% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 2.18% | ₹29.14 Cr | +2.29% | +2.10% | +2.34% |
| PB Fintech Ltd. | Services | 2.14% | ₹28.59 Cr | +2.34% | +1.85% | +2.85% |
| Stylam Industries Ltd. | Materials | 2.08% | ₹27.72 Cr | +3.04% | +2.62% | +0.87% |
| company:773 | Services | 2.02% | ₹27.03 Cr | — | — | — |
| Shriram Finance Ltd | Financial | 1.84% | ₹24.62 Cr | +1.39% | +0.85% | +1.53% |
| ITC Ltd. | Consumer Staples | 1.64% | ₹21.92 Cr | +1.43% | — | — |
| Tata Consultancy Services Ltd. | Technology | 1.62% | ₹21.69 Cr | +1.95% | +2.49% | +2.29% |
| Cemindia Projects Ltd. | Construction | 1.61% | ₹21.50 Cr | +2.18% | +0.99% | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.59% | ₹21.23 Cr | +1.43% | — | — |
| Larsen & Toubro Ltd. | Construction | 1.48% | ₹19.71 Cr | +1.79% | +4.08% | +2.16% |
| Aditya Vision Ltd. | Services | 1.44% | ₹19.23 Cr | +2.23% | +1.69% | +1.08% |
| One97 Communications Ltd. | Services | 1.41% | ₹18.82 Cr | — | — | — |
| Maruti Suzuki India Ltd. | Automobile | 1.37% | ₹18.30 Cr | — | — | — |
| Steel Authority Of India Ltd. | Metals & Mining | 1.37% | ₹18.35 Cr | — | — | — |
| Bharti Airtel Ltd. | Communication | 1.36% | ₹18.21 Cr | +1.66% | — | +0.97% |
| Mankind Pharma Ltd. | Healthcare | 1.32% | ₹17.64 Cr | — | — | — |
| SBI Life Insurance Company Ltd. | Insurance | 1.30% | ₹17.31 Cr | — | — | — |
| Abbott India Ltd. | Healthcare | 1.29% | ₹17.16 Cr | +1.61% | +1.56% | — |
| Godfrey Phillips India Ltd. | Consumer Staples | 1.20% | ₹15.96 Cr | +1.16% | +0.46% | — |
| NTPC Ltd. | Energy | 1.19% | ₹15.82 Cr | +1.69% | +1.39% | +1.74% |
| CreditAccess Grameen Ltd. | Financial | 1.09% | ₹14.60 Cr | +1.25% | — | — |
| Britannia Industries Ltd. | Consumer Staples | 1.08% | ₹14.37 Cr | — | — | — |
| Acutaas Chemicals Ltd. | Healthcare | 1.05% | ₹14.00 Cr | +2.23% | +1.71% | +2.82% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.05% | ₹14.01 Cr | +1.73% | +1.34% | +2.15% |
| PSP Projects Ltd. | Construction | 1.03% | ₹13.79 Cr | +0.86% | +0.75% | +0.76% |
| Vijaya Diagnostic Centre Ltd. | Healthcare | 1.02% | ₹13.66 Cr | — | — | — |
| Emami Ltd. | Consumer Staples | 1.01% | ₹13.50 Cr | +1.33% | +1.70% | — |
| HEG Advanced Materials Ltd. | Capital Goods | 1.01% | ₹13.55 Cr | +0.95% | +1.06% | +0.73% |
| Sky Gold And Diamonds Ltd. | Consumer Discretionary | 0.97% | ₹12.91 Cr | +1.35% | +1.03% | +1.00% |
| Endurance Technologies Ltd. | Automobile | 0.96% | ₹12.81 Cr | +1.38% | — | — |
| Lloyds Metals & Energy Ltd. | Metals & Mining | 0.92% | ₹12.33 Cr | +3.09% | +2.83% | +3.10% |
| MRF Ltd. | Automobile | 0.92% | ₹12.24 Cr | — | — | — |
| SJS Enterprises Ltd. | Automobile | 0.91% | ₹12.20 Cr | +1.42% | +1.30% | +1.62% |
| company:1390 | Healthcare | 0.89% | ₹11.93 Cr | — | — | — |
| Bayer CropScience Ltd. | Chemicals | 0.86% | ₹11.43 Cr | +1.17% | +1.33% | +1.55% |
| Jindal Stainless Ltd. | Metals & Mining | 0.79% | ₹10.53 Cr | +1.13% | +1.40% | +1.61% |
| company:20765 | Services | 0.79% | ₹10.56 Cr | — | — | — |
| Bharat Dynamics Ltd. | Capital Goods | 0.74% | ₹9.82 Cr | +0.84% | +1.04% | — |
| Bharti Hexacom Ltd. | Communication | 0.62% | ₹8.32 Cr | +0.73% | +0.85% | — |
| Shakti Pumps (India) Ltd. | Capital Goods | 0.62% | ₹8.29 Cr | +0.81% | +0.87% | +1.42% |
| Senco Gold Ltd. | Consumer Discretionary | 0.59% | ₹7.85 Cr | +0.86% | +1.10% | +1.94% |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.54% | ₹7.26 Cr | +1.36% | +1.26% | +0.99% |
| Jash Engineering Ltd. | Capital Goods | 0.54% | ₹7.25 Cr | — | — | — |
| Oberoi Realty Ltd. | Construction | 0.53% | ₹7.01 Cr | +1.06% | +1.48% | +1.78% |
| Swan Corp Ltd. | Construction | 0.53% | ₹7.08 Cr | +0.72% | +0.91% | +1.10% |
| Steelcast Ltd. | Metals & Mining | 0.50% | ₹6.68 Cr | +0.49% | +0.44% | — |
| Tata Steel Ltd. | Metals & Mining | 0.41% | ₹5.41 Cr | +0.55% | — | — |
| United Spirits Ltd. | Consumer Staples | 0.41% | ₹5.51 Cr | +0.42% | +0.50% | — |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 0.40% | ₹5.34 Cr | — | — | — |
| Sobha Ltd. | Construction | 0.33% | ₹4.36 Cr | +0.39% | +0.42% | +0.49% |
| Reserve Bank of India | Financial | 0.09% | ₹1.23 Cr | +0.11% | +0.12% | +0.01% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:773 | 0.00% | 2.02% | +2.02% |
| Entero Healthcare Solutions Ltd. | 2.62% | 3.60% | +0.98% |
| One97 Communications Ltd. | 0.47% | 1.41% | +0.94% |
| company:1390 | 0.00% | 0.89% | +0.89% |
| Steel Authority Of India Ltd. | 0.51% | 1.37% | +0.86% |
| Hero Motocorp Ltd. | 0.82% | 0.00% | -0.82% |
| Stylam Industries Ltd. | 2.89% | 2.08% | -0.81% |
| company:20765 | 0.00% | 0.79% | +0.79% |
| Others | 0.72% | -0.05% | -0.77% |
| HDFC Bank Ltd. | 5.84% | 5.22% | -0.62% |
| Endurance Technologies Ltd. | 1.37% | 0.96% | -0.41% |
| Quality Power Electrical Equipments Ltd. | 1.87% | 2.23% | +0.36% |
| Acutaas Chemicals Ltd. | 0.77% | 1.05% | +0.28% |
| ITC Ltd. | 1.92% | 1.64% | -0.28% |
| Petronet LNG Ltd. | 2.14% | 2.41% | +0.27% |
| CreditAccess Grameen Ltd. | 1.35% | 1.09% | -0.26% |
| Tips Industries Ltd. | 2.75% | 2.50% | -0.25% |
| Shriram Finance Ltd | 1.60% | 1.84% | +0.24% |
| Eris Lifesciences Ltd. | 2.44% | 2.21% | -0.23% |
| Bharti Airtel Ltd. | 1.57% | 1.36% | -0.21% |
| Cemindia Projects Ltd. | 1.82% | 1.61% | -0.21% |
| PB Fintech Ltd. | 1.94% | 2.14% | +0.20% |
| Lloyds Metals & Energy Ltd. | 1.12% | 0.92% | -0.20% |
| Bank of Maharashtra | 2.31% | 2.50% | +0.19% |
| PSP Projects Ltd. | 1.22% | 1.03% | -0.19% |
| SBI Life Insurance Company Ltd. | 1.49% | 1.30% | -0.19% |
| Aditya Vision Ltd. | 1.62% | 1.44% | -0.18% |
| Abbott India Ltd. | 1.47% | 1.29% | -0.18% |
| Vedanta Aluminium Metal Ltd. | 1.76% | 1.59% | -0.17% |
| Emami Ltd. | 1.17% | 1.01% | -0.16% |
| Maruti Suzuki India Ltd. | 1.53% | 1.37% | -0.16% |
| NTPC Ltd. | 1.33% | 1.19% | -0.14% |
| Dr. Reddy's Laboratories Ltd. | 2.30% | 2.18% | -0.12% |
| Bayer CropScience Ltd. | 0.97% | 0.86% | -0.11% |
| Mankind Pharma Ltd. | 1.43% | 1.32% | -0.11% |
| Britannia Industries Ltd. | 1.18% | 1.08% | -0.10% |
| Godfrey Phillips India Ltd. | 1.29% | 1.20% | -0.09% |
| Jindal Stainless Ltd. | 0.88% | 0.79% | -0.09% |
| Reliance Industries Ltd. | 4.41% | 4.33% | -0.08% |
| Jash Engineering Ltd. | 0.62% | 0.54% | -0.08% |
| Shakti Pumps (India) Ltd. | 0.70% | 0.62% | -0.08% |
| Tata Consultancy Services Ltd. | 1.70% | 1.62% | -0.08% |
| Apollo Hospitals Enterprise Ltd. | 1.12% | 1.05% | -0.07% |
| Adani Ports and Special Economic Zone Ltd. | 0.61% | 0.54% | -0.07% |
| Bharti Hexacom Ltd. | 0.69% | 0.62% | -0.07% |
| State Bank of India | 2.50% | 2.43% | -0.07% |
| Vijaya Diagnostic Centre Ltd. | 0.96% | 1.02% | +0.06% |
| Swan Corp Ltd. | 0.59% | 0.53% | -0.06% |
| Senco Gold Ltd. | 0.64% | 0.59% | -0.05% |
| Sobha Ltd. | 0.38% | 0.33% | -0.05% |
| MRF Ltd. | 0.97% | 0.92% | -0.05% |
| FSN E-Commerce Ventures Ltd. | 2.97% | 2.93% | -0.04% |
| HEG Advanced Materials Ltd. | 0.97% | 1.01% | +0.04% |
| Kotak Mahindra Bank Ltd. | 2.71% | 2.75% | +0.04% |
| Larsen & Toubro Ltd. | 1.52% | 1.48% | -0.04% |
| United Spirits Ltd. | 0.45% | 0.41% | -0.04% |
| Bharat Dynamics Ltd. | 0.77% | 0.74% | -0.03% |
| Steelcast Ltd. | 0.47% | 0.50% | +0.03% |
| Tata Steel Ltd. | 0.44% | 0.41% | -0.03% |
| Dixon Technologies (India) Ltd. | 3.53% | 3.51% | -0.02% |
| Oberoi Realty Ltd. | 0.55% | 0.53% | -0.02% |
| SJS Enterprises Ltd. | 0.93% | 0.91% | -0.02% |
| Sky Gold And Diamonds Ltd. | 0.95% | 0.97% | +0.02% |
| Reserve Bank of India | 0.10% | 0.09% | -0.01% |
| Aurobindo Pharma Ltd. | 3.18% | 3.18% | 0.00% |
| Canara HSBC Life Insurance Company Ltd. | 0.40% | 0.40% | 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 | ₹6,281 Cr | 2.10% | 10.7% | 10.6% | — |
 Axis Multicap Fund | ₹11,985 Cr | 1.99% | 15.2% | 12.2% | — |
 HSBC Multi Cap Fund | ₹6,503 Cr | 2.05% | 11.0% | 9.9% | — |
 WhiteOak Capital Multi Cap Fund | ₹4,385 Cr | 2.22% | 6.7% | 10.3% | — |
 LIC MF Multi Cap Fund | ₹2,254 Cr | 2.13% | 9.7% | 10.1% | — |
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 months13.89% absolute | ₹60,000 | ₹68,334 | 13.89% | |
| 1 year11.06% annualised | ₹1,20,000 | ₹1,27,438 | 6.20% | |
| 3 years16.43% annualised | ₹3,60,000 | ₹4,67,613 | 29.89% |
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 ₹19.68 as on 24 Sep 2026.
What is the expense ratio of Bank of India Multi Cap Fund?
The expense ratio of Bank of India Multi Cap Fund is 2.54% 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 ₹15,446 Cr under management.