bank of india business cycle fund

Bank of India Business Cycle Fund Direct-Growth

Equity: Thematic-Business Cycle - Growth (Open ended)

Bank of India Business Cycle Fund Direct-GrowthNAV: 9.60 as on 23 Jul, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: Very HighCategory: Equity: Thematic-Business CycleBenchmark: NIFTY 500 Total Return Index

NAV: ₹9.6+0.00%

24 Jul 2026

1 Week returns: -0.72 %

Category rank: 3/19

1 Month returns: 0.21 %

Category rank: 4/19

1 Year CAGR: 1.69 %

Category rank: 9/18

3 Years CAGR: -

Category rank: -

5 Years CAGR: -

Category rank: -

52 week high/low

₹8.16

₹9.75

AUM

463.06

Expense Ratio

1.31

Inception

1725235.00

P/E

27.26

P/B

4.19

Max Drawdown

-0.25

Return 1M

0.21

Return 1Y

1.69

Return 3Y

Return 5Y

Alpha

Sharpe

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.

Positive

Not enough talking points with positive stance

Negative

Not enough talking points with negative stance

Neutral

Not enough talking points with neutral stance

Scheme Overview

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.

Scheme Category Overview →

Plan Variants

Bank of India Business Cycle Fund Direct-IDCW

Fund Managers

Alok Singh

Since: 9 Aug 2024

View details

Education

Mr. Singh is a CFA and PGDBA from ICFAI Business School.

Past Experience

Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank

Funds managed (10)

1.Bank of India ELSS Tax Saver Fund27 Apr 2022 – Present

2.Bank of India Conservative Hybrid Fund1 Jan 2013 – Present

3.Bank of India Balanced Advantage Fund1 Dec 2021 – Present

4.Bank of India Credit Risk Fund6 Feb 2015 – Present

5.Bank of India Mid & Small Cap Equity & Debt Fund16 Feb 2017 – Present

6.Bank of India Small Cap Fund1 Oct 2024 – Present

7.Bank of India Flexi Cap Fund10 Jun 2020 – Present

8.Bank of India Large Cap Fund1 Oct 2024 – Present

9.Bank of India Business Cycle Fund9 Aug 2024 – Present

10.Bank of India Mid Cap Fund31 Jul 2025 – Present

Key Scheme Details

Inception

1 Sep 2024

Expense Ratio

1.31%

AUM

₹463.06 Cr

Lock in

No lock in

Taxation

Equity

Min. Investment

₹5,000

Min. Addl Investment

Min. SIP Investment

₹1,000

Exit load

Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.

AMC Overview

Bank of India Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

No data available.

Frequently Asked Questions

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

The current NAV of Bank of India Business Cycle Fund Direct-Growth is ₹9.60 as of 23 Jul 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.

What is the AUM of Bank of India Business Cycle Fund Direct-Growth?

The AUM (Assets Under Management) of Bank of India Business Cycle Fund Direct-Growth is ₹463.06 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.

What is the expense ratio of Bank of India Business Cycle Fund Direct-Growth?

The expense ratio of Bank of India Business Cycle Fund Direct-Growth is 1.31% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.

Who is the fund manager of Bank of India Business Cycle Fund Direct-Growth?

Bank of India Business Cycle Fund Direct-Growth is managed by Alok Singh. You can check the full list of fund managers in the "Fund Manager" section above.

What is the benchmark of Bank of India Business Cycle Fund Direct-Growth?

The benchmark of Bank of India Business Cycle Fund Direct-Growth is NIFTY 500 Total Return Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.

When was Bank of India Business Cycle Fund Direct-Growth launched?

Bank of India Business Cycle Fund Direct-Growth was launched on 1 Sep 2024. The fund has been in existence for 1 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.

What is the minimum investment in Bank of India Business Cycle Fund Direct-Growth?

The minimum investment in Bank of India Business Cycle Fund Direct-Growth is ₹5,000 for a lump sum and ₹1,000 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.

What is the exit load on Bank of India Business Cycle Fund Direct-Growth?

Bank of India Business Cycle Fund Direct-Growth has an exit load — Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.

What category does Bank of India Business Cycle Fund Direct-Growth belong to?

Bank of India Business Cycle Fund Direct-Growth belongs to the Equity: Thematic-Business Cycle category. You can view other funds in this category.

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