Bank of India Business Cycle Fund

Q: What are the returns of this mutual fund scheme?

The Bank of India Business Cycle Fund is a 1 yrs 4 m old fund and has delivered average annual returns of -7.68% since inception. Bank of India Business Cycle Fund Returns 1-Year Since Inception -10.65% -7.68%

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹9.05-0.44% 1 day change	-7.68% p.a.	App exclusive #NA View Ranked Funds	₹560 Cr

Historical NAV & returns

NAV: ₹9.05 as on Dec 04, 2025

This fund Category average

Bank of India Business Cycle Fund overview

AUM (Fund size)	₹560 Cr
Exit load	1.0% Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.!
Lock-in Period	Nil
Age	1 yrs 4 m since Aug 09, 2024
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	2.43% as on Nov 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Bank of India Business Cycle Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Dec 01, 2025

Period	This fund	Category average
1 Month	-3.58%	1.01%
3 Months	0.22%	3.78%
6 Months	1.44%	3.39%
1 Year	-10.65%	-1.05%

View returns in detail

Asset allocationas on Oct 31, 2025

Large Cap 48.01%

Mid Cap 15.54%

Small Cap 33.45%

Other Cap 0%

Top holdings

State Bank of India6.79%

ICICI Bank Ltd.4.8%

HDFC Bank Ltd.4.23%

Bharti Airtel Ltd.3.45%

Top sectors

Financial 22.07%

Energy 14.83%

Capital Goods 12.670000000000002%

Services 10.84%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 0.02%

Allocation by Instruments

Repo 3.2%

Treasury Bills 0.02%

Other Holdings

Others 3.2%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bank of India Business Cycle Fund	-3.58%	1.44%	-10.65%	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	1.24%	7.58%	9.42%	21.94%	28.14%	14.07%
ICICI Prudential Dividend Yield Equity Fund	0.38%	7.77%	8.28%	22.18%	26.28%	16.24%
ICICI Prudential Value Fund	2.09%	7.94%	9.87%	20.43%	24.26%	15.82%
SBI Contra Fund	0.6%	5.21%	2.42%	18.94%	25.74%	16.58%
ICICI Prudential Diversified Equity All Cap Omni FoF	0.76%	6.37%	6.12%	20.24%	23.23%	12.39%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bank of India Business Cycle Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	11.43	0.82	1.29	2.27
ICICI Prudential Dividend Yield Equity Fund	11.98	0.85	1.25	1.93
ICICI Prudential Value Fund	10.97	0.78	1.22	2.09
SBI Contra Fund	12.15	0.9	1.01	1.6
ICICI Prudential Diversified Equity All Cap Omni FoF	11.69	0.87	1.13	1.78

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bank of India Business Cycle Fund	N.A.	560 Cr	1 yrs 4 m	2.43%
ICICI Prudential India Opportunities Fund	N.A.	32,669 Cr	6 yrs 11 m	1.56%
ICICI Prudential Dividend Yield Equity Fund	N.A.	6,232 Cr	11 yrs 7 m	1.8%
ICICI Prudential Value Fund	N.A.	57,935 Cr	21 yrs 5 m	1.48%
SBI Contra Fund	N.A.	49,218 Cr	20 yrs 7 m	1.48%
ICICI Prudential Diversified Equity All Cap Omni FoF	N.A.	238 Cr	5 yrs 10 m	0.99%

View all Strategy funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Bank of India Business Cycle Fund in detail with

About this fund

About Bank of India Business Cycle Fund

Bank of India Business Cycle Fund is a Strategy mutual fund scheme from Bank Of India Mutual Fund. This fund has been in existence for 1 yrs 4 m, having been launched on 09/08/2024. Bank of India Business Cycle Fund has ₹560 Crores worth of assets under management (AUM) as on 31/10/2025 and is small fund of its category. The latest Net Asset Value (NAV) of Bank of India Business Cycle Fund as of 04/12/2025 is ₹9.05. The fund has an expense ratio of 2.43%, which is higher than what most other Strategy funds charge.

Bank of India Business Cycle Fund returns of last 1-year are -12.22%. Since launch, it has delivered -7.60% average annual returns.
The fund has the majority of its money invested in Financial, Energy, Capital Goods, Services, Healthcare sectors. It has taken less exposure in Financial, Energy sectors compared to other funds in the category.
The fund's top 5 holdings are in State Bank of India, ICICI Bank Ltd., HDFC Bank Ltd., Bharti Airtel Ltd., NTPC Ltd..

...

Fund AUM	560 Cr as on Oct 31, 2025
Scheme document	View Scheme Document

Fund managers

Alok Singh

Mr. Singh is a CFA and PGDBA from ICFAI Business School. Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank

Investment objective

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.

Bank of India Mutual Fund details

No. of schemes	21 view all schemes
Total AUM	13,428 Cr as on Sep 30, 2025
Address	B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai, 400013
Email	service@boiaxa-im.com

More funds from Bank of India Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Bank of India Manufacturing & Infrastructure Fund	N.A.	659 Cr	2.16%	25.91%
Bank of India Small Cap Fund	N.A.	2,016 Cr	-9.07%	24.77%
Bank of India Flexi Cap Fund	N.A.	2,261 Cr	-2.83%	22.08%
Bank of India ELSS Tax Saver Fund	N.A.	1,417 Cr	-6.56%	18.5%
Bank of India Large & Mid Cap Fund	N.A.	437 Cr	1.71%	18.02%
Bank of India Multi Cap Fund	N.A.	968 Cr	2.95%	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Bank of India Business Cycle Fund?

The current Net Asset Value (NAV) of the Bank of India Business Cycle Fund plan is approximately ₹9.05 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The Bank of India Business Cycle Fund is a 1 yrs 4 m old fund and has delivered average annual returns of -7.68% since inception.

Bank of India Business Cycle Fund Returns

1-Year	Since Inception
-10.65%	-7.68%

How much does this mutual fund charge as expense ratio?

The Bank of India Business Cycle Fund has an expense ratio of 2.43%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Bank of India Business Cycle Fund currently has assets under management (AUM) or fund size valued at approximately 560 Cr as on Oct 31, 2025.

What are the top stock holdings of Bank of India Business Cycle Fund?

The Bank of India Business Cycle Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
State Bank of India	6.79%
ICICI Bank Ltd.	4.8%
HDFC Bank Ltd.	4.23%
Bharti Airtel Ltd.	3.45%
NTPC Ltd.	3.39%
ITC Ltd.	3.3%
Quality Power Electrical Equipments Ltd.	3.07%
NTPC Green Energy Ltd.	3.04%
Sky Gold And Diamonds Ltd.	2.68%
Siemens Energy India Ltd.	2.67%

What are the top sectors Bank of India Business Cycle Fund has invested in?

The Bank of India Business Cycle Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	22.07%
Energy	14.83%
Capital Goods	12.670000000000002%
Services	10.84%
Healthcare	5.75%
Consumer Staples	4.81%
Technology	4.74%
Consumer Discretionary	4.68%
Materials	3.58%
Automobile	3.5%

What is risk level of Bank of India Business Cycle Fund?

This is a Strategy fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Bank of India Business Cycle Fund?

Redeeming your investments in the Bank of India Business Cycle Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Strategy

#NA

Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.