Bank of India Business Cycle Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Generated +3.8% annualized alpha (excess return) over its benchmark.
- Downside capture of 113% indicates larger drops during broader market downturns.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +3.72% | +6.32% | -2.60% |
| 3 Months | +0.51% | -0.20% | +0.71% |
| 6 Months | +6.78% | +5.98% | +0.80% |
| 1 Year | +5.39% | +3.90% | +1.49% |
| Since Inception | -1.15% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +8.80% | +4.03% | +4.77% |
| 2025 | -8.55% | +1.43% | -9.98% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -14.31% | -0.66% | +0.54% | +11.59% | 52.4% | 44.9% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-12-11 | 2025-02-28 | -25.4% | 3 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity Related Instruments selected on the basis of business cycle - 80% to 100% Residual Portion: Money Market Instruments, Other Liquid Instruments, Gold and Silver Instruments (ETFs only) and units of Domestic Mutual Fund Schemes - 00% to 20% Units issued by InvITS - 00% to 10% | Per Scheme Mandate |
Investment Objective & Strategy
The Investment objective of the Scheme is 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. However, there is no assurance that the investment objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 442 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Kotak Active Momentum Fund | 5.1 | - | 2.73% | 90.4% | Rs 1,647 cr | Compare → |
| Tata India Innovation Fund | 5.8 | - | 2.39% | 73.4% | Rs 1,302 cr | Compare → |
| Mahindra Manulife Banking & Financial Services Fund | 5.2 | - | - | 112.5% | Rs 466 cr | Compare → |
| Union Business Cycle Fund | 4.3 | - | 3.03% | 94.4% | Rs 510 cr | Compare → |
| Canara Robeco Manufacturing Fund | 5.4 | - | 2.29% | 107.2% | Rs 1,680 cr | Compare → |
Frequently Asked Questions about Bank of India Business Cycle Fund
What is the expense ratio of Bank of India Business Cycle Fund?
Bank of India Business Cycle Fund has a total expense ratio (TER) of 2.68% with a base expense ratio of 2.1%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages Bank of India Business Cycle Fund?
Bank of India Business Cycle Fund is managed by Alok Singh (tenure: 2.2 years since 2024-08-30).
What are the historical returns of Bank of India Business Cycle Fund?
Bank of India Business Cycle Fund has a 1-year return of +5.39%.
How large is Bank of India Business Cycle Fund?
Bank of India Business Cycle Fund manages assets of Rs 442 cr, placing it in the 'small' size band relative to Sectoral / Thematic peers.
How is Bank of India Business Cycle Fund scored on MFIQ?
Bank of India Business Cycle Fund holds an MFIQ Score of 4.1/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Bank of India Business Cycle Fund?
Bank of India Business Cycle Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 14.74% with a maximum historical drawdown of -25.38%.