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Bank of India Business Cycle Fund Direct Growth
NAV: 20 Mar '26
₹8.49
Min. for SIP
₹1,000
Fund size
₹464.98 Cr
Expense ratio
1.17%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹14,619 | -2.54% | |
| 6 months | ₹30,000 | ₹28,295 | -5.68% | |
| 1 year | ₹60,000 | ₹56,680 | -5.53% |
Holdings (54)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| State Bank of India | Financial | Equity | 4.83% |
| NTPC Ltd. | Energy | Equity | 4.63% |
| HDFC Bank Ltd. | Financial | Equity | 4.58% |
| ICICI Bank Ltd. | Financial | Equity | 4.57% |
| Bharti Airtel Ltd. | Communication | Equity | 3.80% |
| Britannia Industries Ltd. | Consumer Staples | Equity | 3.36% |
| Power Grid Corporation Of India Ltd. | Energy | Equity | 3.04% |
| Tata Motors Ltd. | Automobile | Equity | 2.99% |
| ITC Ltd. | Consumer Staples | Equity | 2.97% |
| Sky Gold And Diamonds Ltd. | Consumer Discretionary | Equity | 2.96% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | Equity | 2.76% |
| LG Electronics India Ltd. | Consumer Discretionary | Equity | 2.63% |
| Quality Power Electrical Equipments Ltd. | Capital Goods | Equity | 2.61% |
| Reliance Industries Ltd. | Energy | Equity | 2.52% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 2.35% |
| Ambuja Cements Ltd. | Construction | Equity | 2.21% |
| SJS Enterprises Ltd. | Automobile | Equity | 1.88% |
| Computer Age Management Services Ltd. | Services | Equity | 1.84% |
| SBI Cards And Payment Services Ltd. | Financial | Equity | 1.83% |
| PB Fintech Ltd. | Services | Equity | 1.63% |
| Asian Paints Ltd. | Chemicals | Equity | 1.60% |
| Century Plyboards (India) Ltd. | Consumer Staples | Equity | 1.43% |
| Tinna Rubber And Infrastructure Ltd. | Chemicals | Equity | 1.39% |
| Nippon Life India Asset Management Ltd. | Financial | Equity | 1.36% |
| Aequs Ltd. | Technology | Equity | 1.23% |
| Zaggle Prepaid Ocean Services Ltd. | Technology | Equity | 1.20% |
| TD Power Systems Ltd. | Capital Goods | Equity | 1.20% |
| K.P.R. Mill Ltd. | Textiles | Equity | 1.18% |
| Unicommerce ESolutions Ltd. | Technology | Equity | 1.15% |
| Tata Power Company Ltd. | Energy | Equity | 1.14% |
| Vidya Wires Ltd. | Capital Goods | Equity | 1.10% |
| Reserve Bank of India | Financial | T-Bills | 1.06% |
| NTPC Green Energy Ltd. | Energy | Equity | 1.03% |
| Ethos Ltd. | Services | Equity | 1.03% |
| Oil India Ltd. | Energy | Equity | 1.03% |
| Prudent Corporate Advisory Services Ltd. | Financial | Equity | 0.99% |
| Ganesha Ecosphere Ltd. | Textiles | Equity | 0.98% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 0.94% |
| Vishal Mega Mart Ltd. | Services | Equity | 0.91% |
| Eternal Ltd. | Services | Equity | 0.91% |
| Gufic Biosciences Ltd. | Healthcare | Equity | 0.87% |
| Reserve Bank of India | Financial | T-Bills | 0.85% |
| Torrent Power Ltd. | Energy | Equity | 0.84% |
| Siemens Energy India Ltd. | Energy | Equity | 0.76% |
| Shakti Pumps (India) Ltd. | Capital Goods | Equity | 0.65% |
| MRF Ltd. | Automobile | Equity | 0.61% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 0.53% |
| Siemens Ltd. | Capital Goods | Equity | 0.37% |
| Nuvama Wealth Management Ltd. | Financial | Equity | 0.27% |
| V2 Retail Ltd. | Services | Equity | 0.09% |
| Arvind Fashions Ltd. | Textiles | Equity | 0.06% |
| Reserve Bank of India | Financial | T-Bills | 0.05% |
| Safari Industries (India) Ltd. | Consumer Discretionary | Equity | 0.04% |
| State Bank of India | Financial | Futures | -2.73% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹1,000
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 6M | 1Y | All |
|---|---|---|---|---|
| Fund returns | -7.2% | -9.1% | +6.5% | -15.3% |
| Category average (Equity Thematic) | -- | -- | -0.6% | -- |
| Rank (Equity Thematic) | 4 | 10 | 9 | -- |
Exit load, stamp duty and tax
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Fund management
ASAlok SinghAug 2024 - PresentView details
AS
Alok Singh
Aug 2024 - Present
View details
About Bank of India Business Cycle Fund Direct Growth
Bank of India Business Cycle Fund Direct Growth is a Equity Mutual Fund Scheme launched by Bank of India Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Alok Singh is the Current Fund Manager of Bank of India Business Cycle Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹14,671 Cr and the Latest NAV as of 20 Mar 2026 is ₹8.49.
The Bank of India Business Cycle Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
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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.
Fund benchmarkNIFTY 500 Total Return Index
Fund house
Rank (total assets)#31 in India
Total AUM₹14,671.20 Cr
Date of Incorporation31 Mar 2008
Launch Date31 Mar 2008
AddressB/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,