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Return

  • 1M
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  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹1000 & Lump. ₹5000

AUM (Fund size)

₹251 Cr

Lock In Period

N/A

Expense Ratio

2.48

Benchmark

Nifty Financial Services Total Return

Exit Load

For redemption/switch out of units within 60 days from the date of allotment: 1%Any redemption/switch out after 60 days from the date of allotment of units: NIL.

Summary

Latest details for Bank of India Banking and Financial Services Fund Growth include a ₹9.79 NAV as of Apr 24,2026 and returns since inception of --%. Minimum investments start at SIP ₹1000. The Bank of India Banking and Financial Services Fund Growth AUM is ₹251 Cr, with a lock-in of N/A years, expense ratio of 2.48%, and benchmark Nifty Financial Services Total Return. Exit load is - For redemption/switch out of units within 60 days from the date of allotment: 1%Any redemption/switch out after 60 days from the date of allotment of units: NIL.. In the growth review for 1M Month/Year, the fund recorded 10.19% returns, against a category average of 1.70% and a category best of 26.98%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M10.191.7026.98
6M0.001.2596.54
1Y0.004.55251.54
3Y0.0013.61332.92

Portfolio Analysis

  • Equity: 88.67%
  • Debt: 11.33%
  • Others
As on: 2026-03-31
View allocation % by

1. ICICI Bank Limited9.58%
2. Axis Bank Limited8.56%
3. HDFC Bank Limited8.54%
4. Kotak Mahindra Bank Limited6.46%
5. City Union Bank Limited2.82%
6. Karur Vysya Bank Limited1.18%

1. Shriram Finance Limited4.40%
2. Bajaj Finance Limited4.21%
3. Sundaram Finance Limited2.63%
4. Cholamandalam Investment and Finance Company Ltd1.89%
5. Aye Finance Limited0.96%
6. SBI Cards and Payment Services Limited0.92%

1. State Bank of India8.89%
2. Indian Bank2.66%
3. Bank of Baroda1.91%
4. Canara Bank0.93%

1. Computer Age Management Services Limited2.49%
2. Max Financial Services Limited2.23%
3. ICICI Prudential Asset Management Company Limited2.00%

1. Power Finance Corporation Limited2.43%
2. Housing & Urban Development Corporation Limited1.14%

1. SBI Life Insurance Company Limited2.87%

1. PB Fintech Limited1.88%
2. One 97 Communications Limited0.93%

1. BSE Limited1.23%
2. Multi Commodity Exchange of India Limited1.09%

1. ICICI Lombard General Insurance Company Limited1.94%

About Fund

Bank of India Banking and Financial Services Fund Growth managed by Bank of India Mutual Fund,is a Equity - Sector Fundscheme with Assets Under Management of ₹251 Crore. The fund benchmarks its performance against the Nifty Financial Services Total Return while maintaining an expense ratio of 2.48. Under the expert guidance of Nilesh Jethani ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Nilesh Jethani

Mr. Nilesh Jethani graduated with a Bachelor of Financial Markets from HR College (2012) and further pursued his Postgraduate Program in Global Financial Markets from BSE Institute Ltd. (2015). In his last assignment, Nilesh was working with Envision Capital Services Pvt. Ltd. as an Investment Analyst. He was also associated with HDFC Securities, HDFC Bank, and ASK Investment Managers as an equity research analyst.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundBajaj Finserv Consumption Fund Growth0547.58 CR2.37
This FundICICI Prudential Innovation Fund Growth06799.2 CR1.82
This FundBank of India Banking and Financial Services Fund Growth0251.13 CR2.48
This FundICICI Prudential PSU Equity Fund Growth01798.21 CR2.1
This FundNippon India Taiwan Equity Fund Growth3599.16 CR2.36
Fund Name1Y3Y
This FundBajaj Finserv Consumption Fund Growth-6.16050
This FundICICI Prudential Innovation Fund Growth4.70180
This FundBank of India Banking and Financial Services Fund Growth00
This FundICICI Prudential PSU Equity Fund Growth10.9367112.3944
This FundNippon India Taiwan Equity Fund Growth246.7021315.2486

FAQs

Bank of India Banking and Financial Services Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Bank of India Banking and Financial Services Fund Growth is 2.48. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Bank of India Banking and Financial Services Fund Growth’s fund performance is as follows:
  • 1 Month : 10.19%
  • 6 Months : 0.00%
  • 1 Year : 0.00%
  • 3 Years : 0.00%
Returns of Bank of India Banking and Financial Services Fund Growth are updated daily based on NAV of ₹ 9.79 as on Apr 24,2026. Since inception, the return has been 0.00%.

You can invest in Bank of India Banking and Financial Services Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Bank of India Banking and Financial Services Fund Growth is ₹251 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Bank of India Banking and Financial Services Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500