Bank of India Banking and Financial Services Fund Direct Growth

Fund Overview

Fund Size

₹275 Cr

Expense Ratio

1.13%

ISIN

INF761K01HE4

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

30 Jan 2026

About this fund

Bank of India Banking and Financial Services Fund Direct Growth is a Sector - Financial Services mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 3 months and 25 days, having been launched on 30-Jan-26.
As of 22-May-26, it has a Net Asset Value (NAV) of ₹9.58, Assets Under Management (AUM) of 274.82 Crores, and an expense ratio of 1.13%.

Bank of India Banking and Financial Services Fund Direct Growth has given a CAGR return of -4.20% since inception.
The fund's asset allocation comprises around 97.35% in equities, 0.00% in debts, and 2.65% in cash & cash equivalents.
You can start investing in Bank of India Banking and Financial Services Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

-4.20%

— (Cat Avg.)

Portfolio Summaryas of 30th April 2026

Equity	₹267.52 Cr	97.35%
Others	₹7.3 Cr	2.65%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹25.2 Cr	9.17%
Axis Bank Ltd	Equity	₹24.8 Cr	9.02%
State Bank of India	Equity	₹24.36 Cr	8.86%
HDFC Bank Ltd	Equity	₹22.61 Cr	8.23%
Shriram Finance Ltd	Equity	₹15.27 Cr	5.56%
ICICI Prudential Asset Management Co Ltd	Equity	₹13.79 Cr	5.02%
Kotak Mahindra Bank Ltd	Equity	₹12.8 Cr	4.66%
Bajaj Finance Ltd	Equity	₹9.53 Cr	3.47%
Sundaram Finance Ltd	Equity	₹8.12 Cr	2.95%
City Union Bank Ltd	Equity	₹7.98 Cr	2.90%
Indian Bank	Equity	₹7.88 Cr	2.87%
Bank of Baroda	Equity	₹7.75 Cr	2.82%
Computer Age Management Services Ltd Ordinary Shares	Equity	₹7.39 Cr	2.69%
SBI Life Insurance Co Ltd	Equity	₹7.37 Cr	2.68%
Power Finance Corp Ltd	Equity	₹7.21 Cr	2.62%
Angel One Ltd Ordinary Shares	Equity	₹6.1 Cr	2.22%
BSE Ltd	Equity	₹6.01 Cr	2.19%
Max Financial Services Ltd	Equity	₹5.95 Cr	2.16%
CreditAccess Grameen Ltd Ordinary Shares	Equity	₹5.85 Cr	2.13%
Treps	Cash - Repurchase Agreement	₹5.67 Cr	2.06%
PB Fintech Ltd	Equity	₹5.5 Cr	2.00%
Cholamandalam Investment and Finance Co Ltd	Equity	₹5.49 Cr	2.00%
HDFC Asset Management Co Ltd	Equity	₹5.02 Cr	1.83%
Multi Commodity Exchange of India Ltd	Equity	₹4.86 Cr	1.77%
Aye Finance Ltd	Equity	₹4.52 Cr	1.65%
Housing & Urban Development Corp Ltd	Equity	₹3.98 Cr	1.45%
One97 Communications Ltd	Equity	₹3.87 Cr	1.41%
Karur Vysya Bank Ltd	Equity	₹3 Cr	1.09%
ICICI Lombard General Insurance Co Ltd	Equity	₹2.56 Cr	0.93%
Net Receivables / (Payables)	Cash	₹1.62 Cr	0.59%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹1.58 Cr	0.57%
Canara Bank	Equity	₹1.21 Cr	0.44%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹256.27 Cr	93.25%
Technology	₹11.25 Cr	4.10%

Risk & Performance Ratios

Fund Managers

Nilesh Jethani

Since January 2026

Additional Scheme Detailsas of 30th April 2026

ISIN

INF761K01HE4

Expense Ratio

1.13%

Exit Load

1.00%

Fund Size

₹275 Cr

Age

3 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Financial Services TRI

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Sector - Financial Services Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak Nifty Bank ETF Very High Risk	0.1%	-	₹4736.72 Cr	-1.0%
Canara Robeco Banking and Financial Services Fund Regular Growth Very High Risk	2.1%	1.0%	-	-
Canara Robeco Banking and Financial Services Fund Direct Growth Very High Risk	0.7%	1.0%	-	-
Aditya Birla Sun Life BSE Top 10 Banks ETF Very High Risk	0.1%	-	₹184.70 Cr	-
Motilal Oswal Financial Services Fund Regular Growth Very High Risk	3.0%	1.0%	₹181.21 Cr	-
Motilal Oswal Financial Services Fund Direct Growth Very High Risk	1.5%	1.0%	₹181.21 Cr	-
Edelweiss Financial Services Fund Direct Growth Very High Risk	0.9%	1.0%	₹246.32 Cr	-
Edelweiss Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹246.32 Cr	-
Bank of India Banking and Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹274.82 Cr	-
Bank of India Banking and Financial Services Fund Regular Growth Very High Risk	2.1%	1.0%	₹274.82 Cr	-
Bajaj Finserv Banking and Financial Services Fund Direct Growth Very High Risk	0.7%	1.0%	₹414.71 Cr	-
Bajaj Finserv Banking and Financial Services Fund Regular Growth Very High Risk	2.1%	1.0%	₹414.71 Cr	-
Mahindra Manulife Banking & Financial Services Fund Regular Growth Very High Risk	2.1%	0.0%	₹427.20 Cr	-
Mahindra Manulife Banking & Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹427.20 Cr	-
HSBC Financial Services Fund Regular Growth Very High Risk	2.7%	1.0%	₹866.16 Cr	8.0%
HSBC Financial Services Fund Direct Growth Very High Risk	1.3%	1.0%	₹866.16 Cr	9.6%
HDFC Nifty Bank ETF Very High Risk	0.2%	-	₹2607.76 Cr	-1.0%
Mirae Asset Nifty PSU Bank ETF Very High Risk	0.2%	-	₹55.89 Cr	20.6%
Edelweiss Nifty Bank ETF Very High Risk	0.5%	-	₹11.64 Cr	-1.1%
Helios Financial Services Fund Direct Growth Very High Risk	0.9%	1.0%	₹190.72 Cr	2.2%
Helios Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹190.72 Cr	0.7%
Baroda BNP Paribas NIFTY Bank ETF Very High Risk	0.3%	-	₹3.79 Cr	-1.0%
ICICI Prudential Nifty Private Banks ETF Very High Risk	0.1%	-	₹2852.24 Cr	-3.1%
HDFC Nifty Private Bank ETF Very High Risk	0.1%	-	₹359.44 Cr	-3.1%
Groww Banking & Financial Services Fund Regular Growth Very High Risk	2.8%	1.0%	₹68.56 Cr	7.0%
Groww Banking & Financial Services Fund Direct Growth Very High Risk	0.9%	1.0%	₹68.56 Cr	9.1%
WhiteOak Capital Banking & Financial Services Fund Regular Growth Very High Risk	2.5%	0.0%	₹591.58 Cr	2.1%
WhiteOak Capital Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	0.0%	₹591.58 Cr	3.8%
HDFC Nifty PSU Bank ETF Very High Risk	0.3%	-	₹34.69 Cr	20.4%
Bajaj Finserv Nifty Bank ETF Very High Risk	0.1%	-	₹387.84 Cr	-1.0%
DSP Banking & Financial Services Fund Regular Growth Very High Risk	1.8%	0.0%	₹1828.32 Cr	8.0%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.5%	0.0%	₹1828.32 Cr	9.6%
Mirae Asset Nifty Financial Services ETF Very High Risk	0.1%	-	₹431.79 Cr	-1.8%
Kotak Nifty Bank ETF Very High Risk	0.1%	-	₹6341.50 Cr	26.6%
Nippon India Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹7469.77 Cr	2.1%
Invesco India Financial Services Fund Direct Growth Very High Risk	0.5%	1.0%	₹1673.13 Cr	8.5%
UTI Nifty Bank ETF Very High Risk	0.2%	-	₹3387.04 Cr	-1.0%
HDFC Nifty Private Bank ETF Very High Risk	0.1%	-	₹352.74 Cr	-88.9%
ICICI Prudential Nifty Bank ETF Very High Risk	0.1%	-	₹2861.05 Cr	-1.0%
SBI Nifty Private Bank ETF Very High Risk	0.1%	-	₹400.46 Cr	-3.1%
Bandhan Financial Services Fund Regular Growth Very High Risk	1.9%	0.0%	₹1059.88 Cr	-1.3%
Bandhan Financial Services Fund Direct Growth Very High Risk	0.5%	0.0%	₹1059.88 Cr	0.2%
Mirae Asset Nifty Bank ETF Very High Risk	0.1%	-	₹297.08 Cr	-1.0%
SBI Nifty Bank ETF Very High Risk	0.2%	-	₹3658.91 Cr	-1.1%
Quant BFSI Fund Regular Growth Very High Risk	2.5%	1.0%	₹753.02 Cr	20.1%
Baroda BNP Paribas Banking and Financial Services Fund Regular Growth Very High Risk	2.1%	1.0%	₹389.40 Cr	-0.2%
Quant BFSI Fund Direct Growth Very High Risk	0.9%	1.0%	₹753.02 Cr	22.0%
ICICI Prudential Nifty Financial Services Ex-Bank ETF Very High Risk	0.2%	-	₹273.01 Cr	11.2%
HDFC Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹4369.89 Cr	4.3%
HDFC Banking & Financial Services Fund Regular Growth Very High Risk	1.9%	1.0%	₹4369.89 Cr	3.1%

About the AMC

BOI Mutual Fund

+91 22 40479000

https://www.boimf.in/

Total AUM

₹13,433 Cr

Address

B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013

Other Funds by BOI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bank of India Banking and Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹274.82 Cr	-
Bank of India Mid Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹719.78 Cr	-
Bank of India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹483.07 Cr	6.1%
Bank of India Consumption Fund Direct Growth Very High Risk	1.1%	1.0%	₹375.33 Cr	3.3%
Bank of India Business Cycle Fund Direct Growth Very High Risk	1.0%	1.0%	₹466.61 Cr	2.2%
Bank of India Multi Asset Allocation Fund Direct Growth High Risk	0.8%	1.0%	₹357.41 Cr	12.2%
Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk	-	0.0%	₹63.23 Cr	10.7%
Bank of India Midcap Tax Fund Series 2 Direct Growth Very High Risk	-	0.0%	₹31.77 Cr	6.5%
Bank of India Mid & Small Cap Equity & Debt Direct Growth Very High Risk	0.7%	1.0%	₹1481.51 Cr	10.1%
Bank of India Conservative Hybrid Fund Direct Growth Moderate Risk	1.0%	1.0%	₹65.35 Cr	3.1%
Bank of India Balanced Advantage Fund Direct Growth Very High Risk	1.1%	1.0%	₹152.71 Cr	6.6%
Bank of India Multi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹1074.39 Cr	12.1%
Bank of India Bluechip Fund Direct Growth Very High Risk	0.9%	1.0%	₹212.60 Cr	5.8%
Bank of India Flexi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹2387.56 Cr	9.4%
Bank of India Large & Mid Cap Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹468.30 Cr	7.7%
Bank of India Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1734.94 Cr	6.2%
Bank of India S/T Income Direct Growth Low to Moderate Risk	0.5%	0.0%	₹271.59 Cr	4.2%
Bank of India Manufacturing and Infrastructure fund Direct Growth Very High Risk	0.7%	1.0%	₹755.26 Cr	19.1%
Bank of India Tax Advantage Fund Direct Growth Very High Risk	0.8%	0.0%	₹1402.59 Cr	2.9%
Bank of India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹153.81 Cr	6.1%
Bank of India Credit Risk Fund Direct Growth Moderately High risk	1.0%	4.0%	₹104.69 Cr	17.0%
Bank of India Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹2167.57 Cr	12.7%
Bank of India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹42.82 Cr	5.6%
Bank of India Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹44.91 Cr	6.1%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Bank of India Banking and Financial Services Fund Direct Growth?

The NAV of Bank of India Banking and Financial Services Fund Direct Growth, as of 22-May-2026, is ₹9.58.

What is the portfolio composition of Bank of India Banking and Financial Services Fund Direct Growth?

The fund's allocation of assets is distributed as 97.35% in equities, 0.00% in bonds, and 2.65% in cash and cash equivalents.

Who manages the Bank of India Banking and Financial Services Fund Direct Growth?

The fund managers responsible for Bank of India Banking and Financial Services Fund Direct Growth are:-

Nilesh Jethani

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Bank of India Banking and Financial Services Fund Direct Growth

Fund Overview