Bank of India Business Cycle Fund
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
Growthvine rating: 1/5 — ranked #151 of 184 in category.
Fund basics
| Category | Equity: Thematic |
|---|
| NAV | ₹9.39 (as of 2026-10-01) |
|---|
| AUM | ₹463 Cr |
|---|
| Expense ratio | 2.10% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Alok Singh |
|---|
| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 3 months |
|---|
Performance & risk
| Standard deviation | 0.00% |
|---|
| Max drawdown | −25.38% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 102.8% of NIFTY Financial Services's upside and 124.0% of its downside.
Market cap allocation
| Large cap | 47.5% |
|---|
| Mid cap | 18.3% |
|---|
| Small cap | 34.2% |
|---|
Concentration
| Top 5 holdings | 22.0% |
|---|
| Top 10 holdings | 36.9% |
|---|
| Total holdings | 52 |
|---|
Top holdings
- ICICI Bank Ltd. — 5.6%
- State Bank Of India — 5.3%
- NTPC Limited — 4.0%
- Bharti Airtel Ltd. — 3.7%
- TREPS — 3.5%
- Apollo Hospitals Enterprises Ltd. — 3.5%
- QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED — 3.3%
- Glenmark Pharmaceuticals ltd — 3.2%
- Sky Gold And Diamonds Limited — 2.9%
- LG Electronics India Limited — 2.8%
Top sectors
- Banking & Financial — 18.5%
- Consumer Durables — 10.5%
- Energy — 8.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 4.6% | Q1 (Top) | #37 of 167 |
| 2025 | −8.6% | Q4 (Bottom) | #128 of 132 |