Bank of India Business Cycle Fund Direct Growth

Fund Overview

Fund Size

₹464 Cr

Expense Ratio

1.01%

ISIN

INF761K01GF3

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

30 Aug 2024

About this fund

Bank of India Business Cycle Fund Direct Growth is a Equity - Other mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 1 years, 5 months and 26 days, having been launched on 30-Aug-24.
As of 24-Feb-26, it has a Net Asset Value (NAV) of ₹9.02, Assets Under Management (AUM) of 463.92 Crores, and an expense ratio of 1.01%.

Bank of India Business Cycle Fund Direct Growth has given a CAGR return of -6.70% since inception.
The fund's asset allocation comprises around 93.35% in equities, 0.05% in debts, and 6.60% in cash & cash equivalents.
You can start investing in Bank of India Business Cycle 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.

1 Year

+10.13%

— (Cat Avg.)

Since Inception

-6.70%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2026

Equity	₹433.04 Cr	93.35%
Debt	₹0.24 Cr	0.05%
Others	₹30.64 Cr	6.60%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
State Bank of India	Equity	₹34.58 Cr	7.45%
Net Receivables / (Payables)	Cash	₹30.64 Cr	6.60%
ICICI Bank Ltd	Equity	₹23.17 Cr	4.99%
HDFC Bank Ltd	Equity	₹22.3 Cr	4.81%
NTPC Ltd	Equity	₹20.08 Cr	4.33%
Bharti Airtel Ltd	Equity	₹18.51 Cr	3.99%
PB Fintech Ltd	Equity	₹13.57 Cr	2.92%
Sky Gold and Diamonds Ltd	Equity	₹12.79 Cr	2.76%
Tata Motors Ltd	Equity	₹12.61 Cr	2.72%
Britannia Industries Ltd	Equity	₹12.31 Cr	2.65%
Power Grid Corp Of India Ltd	Equity	₹12.13 Cr	2.61%
Glenmark Pharmaceuticals Ltd	Equity	₹12.1 Cr	2.61%
ITC Ltd	Equity	₹11.79 Cr	2.54%
Reliance Industries Ltd	Equity	₹11.72 Cr	2.53%
Quality Power Electrical Equipments Ltd	Equity	₹11.27 Cr	2.43%
LG Electronics India Ltd	Equity	₹11.26 Cr	2.43%
SJS Enterprises Ltd	Equity	₹10.68 Cr	2.30%
Ambuja Cements Ltd	Equity	₹10.46 Cr	2.25%
Apollo Hospitals Enterprise Ltd	Equity	₹9.74 Cr	2.10%
TD Power Systems Ltd	Equity	₹8.9 Cr	1.92%
Computer Age Management Services Ltd Ordinary Shares	Equity	₹8.78 Cr	1.89%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹8.29 Cr	1.79%
Asian Paints Ltd	Equity	₹7.62 Cr	1.64%
Century Plyboards (India) Ltd	Equity	₹7.25 Cr	1.56%
Zaggle Prepaid Ocean Services Ltd	Equity	₹6.93 Cr	1.49%
Shakti Pumps (India) Ltd	Equity	₹6.77 Cr	1.46%
Nippon Life India Asset Management Ltd Ordinary Shares	Equity	₹5.97 Cr	1.29%
Torrent Power Ltd	Equity	₹5.83 Cr	1.26%
Tinna Rubber & Infrastructure Ltd	Equity	₹5.67 Cr	1.22%
Aequs Ltd	Equity	₹5.46 Cr	1.18%
K.P.R. Mill Ltd	Equity	₹5.3 Cr	1.14%
Prudent Corporate Advisory Services Ltd	Equity	₹5.27 Cr	1.14%
Unicommerce eSolutions Ltd	Equity	₹5.15 Cr	1.11%
Tata Power Co Ltd	Equity	₹5.13 Cr	1.11%
Nuvama Wealth Management Ltd	Equity	₹5.05 Cr	1.09%
Ethos Ltd	Equity	₹5.04 Cr	1.09%
Eternal Ltd	Equity	₹4.68 Cr	1.01%
NTPC Green Energy Ltd	Equity	₹4.56 Cr	0.98%
Vidya Wires Ltd	Equity	₹4.48 Cr	0.96%
Arvind Fashions Ltd	Equity	₹4.45 Cr	0.96%
Gufic Biosciences Ltd	Equity	₹4.39 Cr	0.95%
Kotak Mahindra Bank Ltd	Equity	₹4.28 Cr	0.92%
Ganesha Ecosphere Ltd	Equity	₹4.04 Cr	0.87%
V2 Retail Ltd	Equity	₹3.99 Cr	0.86%
Netweb Technologies India Ltd	Equity	₹3.77 Cr	0.81%
Siemens Energy India Ltd	Equity	₹2.98 Cr	0.64%
Aditya Vision Ltd	Equity	₹2.7 Cr	0.58%
MRF Ltd	Equity	₹2.64 Cr	0.57%
Oswal Pumps Ltd	Equity	₹2.26 Cr	0.49%
Siemens Ltd	Equity	₹1.55 Cr	0.33%
Oil India Ltd	Equity	₹1.38 Cr	0.30%
SBI Life Insurance Co Ltd	Equity	₹1.2 Cr	0.26%
07/01/2027 Maturing 364 DTB	Bond - Gov't/Treasury	₹0.24 Cr	0.05%
Safari Industries (India) Ltd	Equity	₹0.2 Cr	0.04%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹123.68 Cr	26.66%
Consumer Cyclical	₹69.14 Cr	14.90%
Utilities	₹50.71 Cr	10.93%
Industrials	₹40.68 Cr	8.77%
Technology	₹35.9 Cr	7.74%
Basic Materials	₹31.01 Cr	6.68%
Healthcare	₹26.23 Cr	5.65%
Consumer Defensive	₹24.1 Cr	5.19%
Communication Services	₹18.51 Cr	3.99%
Energy	₹13.1 Cr	2.82%

Risk & Performance Ratios

Fund Managers

Alok Singh

Since August 2024

Additional Scheme Detailsas of 31st January 2026

ISIN

INF761K01GF3

Expense Ratio

1.01%

Exit Load

1.00%

Fund Size

₹464 Cr

Age

1 year 5 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TR INR

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 Equity - Other Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
SBI Nifty Midcap 150 Momentum 50 ETF Very High Risk	-	-	-	-
ITI Business Cycle Fund Regular Growth Very High Risk	-	0.0%	-	-
ITI Business Cycle Fund Direct Growth Very High Risk	-	0.0%	-	-
DynaSIF Equity Long - Short Fund Regular Growth High Risk	-	0.0%	-	-
DynaSIF Equity Long - Short Fund Direct Growth High Risk	-	0.0%	-	-
Mirae Asset BSE India Defence ETF Very High Risk	-	-	-	-
Kotak Services Fund Regular Growth Very High Risk	-	0.0%	-	-
Kotak Services Fund Direct Growth Very High Risk	-	0.0%	-	-
SBI Quality Fund Direct Growth Very High Risk	-	1.0%	-	-
Mirae Asset BSE India Defence ETF FOF Direct Growth Very High Risk	-	0.0%	-	-
Mirae Asset BSE India Defence ETF FOF Regular Growth Very High Risk	-	0.0%	-	-
SBI Quality Fund Regular Growth Very High Risk	-	1.0%	-	-
Motilal Oswal Nifty MNC ETF Very High Risk	0.5%	-	-	-
JioBlackRock Sector Rotation Fund Direct Growth Very High Risk	-	0.0%	-	-
Groww Nifty PSE ETF FOF Regular Growth Very High Risk	-	0.0%	-	-
Groww Nifty PSE ETF FOF Direct Growth Very High Risk	-	0.0%	-	-
Groww Nifty PSE ETF Very High Risk	-	-	-	-
iSIF Equity Ex-Top 100 Long-Short Fund Direct Growth Very High Risk	-	1.0%	-	-
iSIF Equity Ex-Top 100 Long-Short Fund Regular Growth Very High Risk	-	1.0%	-	-
Mahindra Manulife Innovation Opportunities Fund Direct Growth Very High Risk	-	0.0%	₹151.70 Cr	-
Mahindra Manulife Innovation Opportunities Fund Regular Growth Very High Risk	-	0.0%	₹151.70 Cr	-
Groww Nifty Chemicals ETF Very High Risk	0.4%	-	₹7.11 Cr	-
Diviniti Equity Long Short Fund Direct Growth Very High Risk	0.9%	0.0%	₹345.40 Cr	-
Diviniti Equity Long Short Fund Regular Growth Very High Risk	2.4%	0.0%	₹345.40 Cr	-
DSP MSCI INDIA ETF Very High Risk	0.4%	-	₹7.55 Cr	-
Kotak Rural Opportunities Fund Regular Growth Very High Risk	2.3%	0.0%	₹872.36 Cr	-
Kotak Rural Opportunities Fund Direct Growth Very High Risk	0.7%	0.0%	₹872.36 Cr	-
Altiva Hybrid Long-Short Fund Direct Growth Low to Moderate Risk	-	0.0%	₹2093.32 Cr	-
Magnum Hybrid Long Short Fund Regular Growth Low to Moderate Risk	-	0.0%	₹2854.82 Cr	-
Altiva Hybrid Long-Short Fund Regular Growth Low to Moderate Risk	-	0.0%	₹2093.32 Cr	-
Magnum Hybrid Long Short Fund Direct Growth Low to Moderate Risk	-	0.0%	₹2854.82 Cr	-
ICICI Prudential Conglomerate Fund Regular Growth Moderately High risk	2.3%	1.0%	₹857.22 Cr	-
ICICI Prudential Conglomerate Fund Direct Growth Moderately High risk	1.2%	1.0%	₹857.22 Cr	-
qsif Equity Long-Short Fund Direct Growth Very High Risk	-	1.0%	₹561.11 Cr	-
qsif Equity Long-Short Fund Regular Growth Very High Risk	-	1.0%	₹561.11 Cr	-
The Wealth Company Ethical Fund Direct Growth Very High Risk	0.8%	0.0%	₹39.19 Cr	-
The Wealth Company Ethical Fund Regular Growth Very High Risk	2.3%	0.0%	₹39.19 Cr	-
Baroda BNP Paribas Business Conglomerates Fund Direct Growth Very High Risk	0.6%	1.0%	₹731.13 Cr	-
Baroda BNP Paribas Business Conglomerates Fund Regular Growth Very High Risk	2.3%	1.0%	₹731.13 Cr	-
Motilal Oswal Nifty Alpha 50 ETF Very High Risk	0.5%	-	₹5.45 Cr	-
Kotak Active Momentum Fund Direct Growth Very High Risk	0.8%	0.0%	₹1340.30 Cr	-
Kotak Active Momentum Fund Regular Growth Very High Risk	2.1%	0.0%	₹1340.30 Cr	-
Motilal Oswal Special Opportunities Fund Direct Growth Very High Risk	2.5%	1.0%	₹65.50 Cr	-
Motilal Oswal Special Opportunities Fund Regular Growth Very High Risk	2.6%	1.0%	₹65.50 Cr	-
Bandhan Multi-Factor Fund Regular Growth Very High Risk	2.4%	0.0%	₹623.68 Cr	-
Bandhan Multi-Factor Fund Direct Growth Very High Risk	0.8%	0.0%	₹623.68 Cr	-
ICICI Prudential Active Momentum Fund Direct Growth Moderate Risk	1.0%	1.0%	₹1448.27 Cr	-
ICICI Prudential Active Momentum Fund Regular Growth Moderate Risk	2.2%	1.0%	₹1448.27 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1725.11 Cr	-
Axis Services Opportunities Fund Regular Growth Very High Risk	2.1%	1.0%	₹1725.11 Cr	-

About the AMC

BOI Mutual Fund

+91 22 40479000

https://www.boimf.in/

Total AUM

₹13,696 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	-	1.0%	-	-
Bank of India Mid Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹666.84 Cr	-
Bank of India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹339.40 Cr	7.3%
Bank of India Consumption Fund Direct Growth Very High Risk	1.1%	1.0%	₹377.95 Cr	15.3%
Bank of India Business Cycle Fund Direct Growth Very High Risk	1.0%	1.0%	₹463.92 Cr	10.1%
Bank of India Multi Asset Allocation Fund Direct Growth Very High Risk	0.8%	1.0%	₹340.93 Cr	20.3%
Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk	-	0.0%	₹62.46 Cr	15.9%
Bank of India Midcap Tax Fund Series 2 Direct Growth Very High Risk	-	0.0%	₹32.49 Cr	13.9%
Bank of India Mid & Small Cap Equity & Debt Direct Growth Very High Risk	0.7%	1.0%	₹1329.20 Cr	15.8%
Bank of India Conservative Hybrid Fund Direct Growth Moderate Risk	1.2%	1.0%	₹64.44 Cr	8.1%
Bank of India Balanced Advantage Fund Direct Growth Very High Risk	1.1%	1.0%	₹143.75 Cr	14.5%
Bank of India Multi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹989.01 Cr	19.2%
Bank of India Bluechip Fund Direct Growth Very High Risk	0.9%	1.0%	₹206.75 Cr	22.0%
Bank of India Flexi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹2167.16 Cr	18.9%
Bank of India Large & Mid Cap Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹445.91 Cr	18.5%
Bank of India Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1837.03 Cr	6.4%
Bank of India S/T Income Direct Growth Low to Moderate Risk	0.5%	0.0%	₹293.02 Cr	7.2%
Bank of India Manufacturing and Infrastructure fund Direct Growth Very High Risk	0.6%	1.0%	₹661.33 Cr	25.7%
Bank of India Tax Advantage Fund Direct Growth Very High Risk	0.8%	0.0%	₹1373.70 Cr	16.1%
Bank of India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹174.45 Cr	6.7%
Bank of India Credit Risk Fund Direct Growth Moderately High risk	1.0%	4.0%	₹110.95 Cr	12.0%
Bank of India Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1829.19 Cr	12.7%
Bank of India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹75.59 Cr	5.7%
Bank of India Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹47.24 Cr	6.3%

Risk Level

Your principal amount will be at Very High Risk

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

The NAV of Bank of India Business Cycle Fund Direct Growth, as of 24-Feb-2026, is ₹9.02.

What is the portfolio composition of Bank of India Business Cycle Fund Direct Growth?

The fund's allocation of assets is distributed as 93.35% in equities, 0.05% in bonds, and 6.60% in cash and cash equivalents.

Who manages the Bank of India Business Cycle Fund Direct Growth?

The fund managers responsible for Bank of India Business Cycle Fund Direct Growth are:-

Alok Singh

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 Business Cycle Fund Direct Growth

Fund Overview