
Bank of India Banking & Financial Services Fund Direct Growth
Bank of India Banking & Financial Services Fund Direct Growth
as on 09 Nov 2026
Bank of India Banking & Financial Services Fund Direct Growth is a Equity mutual fund scheme launched on 30 Jan 2026. The current NAV stands at ₹9.8600 as of 09 Nov 2026. From the funds total AUM, its top holdings include ICICI Bank at 9.18%, HDFC Bank at 8.18%, State Bank of India at 8.05%, Axis Bank at 7.77%, ICICI Prudential Asset Management at 5.43%
Scheme Overview
- Inception Date : 30 Jan 2026
- AUM : ₹249.41 Cr
- Expense Ratio : 1.68%
- Min. SIP : ₹1,000
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
3M
₹ 1.50 L
3.50%
₹ 1.52 L
8.00%
₹ NaN
0.00%
Total Investment
₹ 1,50,000
Returns
₹ NaN (0.00%)
Maturity Value
₹ NaN
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 249.41 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹249.41 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Financial Services | 89.52% | ||
| Other | 5.54% | ||
| Technology | 4.94% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() I ICICI Bank | 9.18% | |
![]() H HDFC Bank | 8.18% | |
![]() S State Bank of India | 8.05% | |
![]() A Axis Bank | 7.77% | |
![]() I ICICI Prudential Asset Management | 5.43% | |
![]() T Treps | 4.78% | |
![]() K Kotak Bank | 4.70% | |
![]() B Bajaj Finance | 3.38% | |
![]() B BSE | 3.04% | |
![]() C CAMS | 2.90% | |
![]() B Bank of Baroda | 2.89% | |
![]() I Indian Bank | 2.82% | |
![]() C City Union Bank | 2.76% | |
![]() S SBI Life Insurance | 2.71% | |
![]() H HDFC AMC | 2.64% | |
![]() A Angel One | 2.64% | |
![]() P Power Finance Corporation | 2.52% | |
![]() C Credit Access Grameen | 2.32% | |
![]() M Max Financial Services | 2.30% | |
![]() P PB FinTech | 2.06% | |
![]() O One 97 Communications | 2.04% | |
![]() S Shriram Finance | 1.83% | |
![]() A Aye Finance | 1.81% | |
![]() M MCX | 1.77% | |
![]() S Sundaram Finance | 1.75% | |
![]() H HUDCO | 1.34% | |
![]() C Cholamandalam Investment | 1.13% | |
![]() K Karur Vysya Bank | 1.08% | |
![]() N Nippon Life India AMC | 1.01% | |
![]() I ICICI Lombard General Insurance | 0.95% | |
![]() O OnEMI Technology Solutions | 0.90% | |
![]() N Net Receivables / (Payables) | 0.76% | |
![]() C Canara Bank | 0.43% | |
![]() S SBI Cards | 0.10% |
Fund Comparison
Fund Details
52W High NAV
₹ 10.2800
Min. SIP Amount
₹ 1,000.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 249.41
Expense Ratio
1.68%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 8.8100
Inception Date
30 Jan 2026
Fund Age
0 Yrs
Benchmark
Nifty Financial Services TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Nilesh Jethani | He 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). |
Fund Objective
The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of banking and financial services companies. However, there is no assurance that the investment objective of the scheme will be achieved.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Bank of India Mutual Fund
No. of Schemes
23
Total AUM
₹ 19,467.32 Cr
Contact Details
B/204, Tower 1,Peninsula CorporatePark, Ganpatrao kadam marg,Lower Parel, Mumbai - 400013
Contact Details
B/204, Tower 1,Peninsula CorporatePark, Ganpatrao kadam marg,Lower Parel, Mumbai - 400013
FAQs
When was Bank of India Banking & Financial Services Fund launched?
What is the current NAV of Bank of India Banking & Financial Services Fund?
What is the AUM of Bank of India Banking & Financial Services Fund?
What is the rate of return of Bank of India Banking & Financial Services Fund?
- In the past 1Y: 0.00%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of Bank of India Banking & Financial Services Fund?
What is exit load of Bank of India Banking & Financial Services Fund?
What is the portfolio of Bank of India Banking & Financial Services Fund?
- ICICI Bank: 9.18%
- HDFC Bank: 8.18%
- State Bank of India: 8.05%
- Axis Bank: 7.77%
- ICICI Prudential Asset Management: 5.43%
Top 3 sectoral holdings include:
- Financial Services: 89.52%
- Others: 5.54%
- Technology: 4.94%
How risky is investing in Bank of India Banking & Financial Services Fund?
Who is the fund manager Bank of India Banking & Financial Services Fund?
What is the minimum investment required in Bank of India Banking & Financial Services Fund?
How to invest in Bank of India Banking & Financial Services Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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