Sectoral / Thematic · Equity

Bank of India Business Cycle Fund

Bank of India Investment Managers Private Limited

Benchmark

Nifty 500 TRI

Riskometer

Very High

Size

₹433 cr

Allotted

30 Aug 2024

Holdings as of

30 Sep 2026

Bank of India Business Cycle Fund is a sectoral / thematic fund of Bank of India Investment Managers Private Limited with ₹433 cr under management. It is ahead of its benchmark (Nifty 500 TRI) in 1 of 1 periods. Its direct plan charges 1.37% a year.

Has Bank of India Business Cycle Fund beaten its benchmark?

Ahead of its benchmark, Nifty 500 TRI, in 1 of 1 periods in AMFI's figures; +3.30% over the last year against −4.30%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	−2.32%	−3.60%	—
3 months	−0.31%	−5.03%	—
6 months	+6.49%	−1.83%	—
1 year	+3.20%	−4.06%	+7.26 pts
3 years	—	+9.27%	—
5 years	—	+8.00%	—
10 years	—	+12.69%	—
Since start from 2 Sep 2024	−1.62%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (Nifty 500 TRI) in 1 of 1 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+3.30%	+1.94%	−4.30%	+7.60	🔒
3y	—	—	—	—	—
5y	—	—	—	—	—
10y	—	—	—	—	—

Ahead in points a year · its rank among Sectoral / Thematic funds, and how steady the lead is, in the app

Value of 100, month-end

Sep 2024 to 14 Oct 2026

Fund 96Nifty 500 TRI 93

₹100 put in at the start of Sep 2024 would be ₹96 on 14 Oct 2026, against ₹93 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Bank of India Business Cycle Fund cost?

1.37% a year on the direct plan, 2.65% on the regular plan; 114 of 174 funds in its category charge less.

Direct plan

1.37% a year

Category median 1.22%

Regular plan

2.65% a year

Category median 2.38%

Gap

1.28 points

for the same holdings

114 of 174 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Equity Scheme - Sectoral/ Thematic

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Bank of India Business Cycle Fund?

Alok Singh, since None.

Alok Singh

None years

since None

Benchmark as filedNIFTY 500 TRI

Exit load

• NIL – There will be no exit load within 3 months from the date of allotment for redemption/switch out upto 10% of the units allotted. • 1% - Any redemption/switch out in excess of the above mentioned limit would be subject to an exit load of 1%, if the units are redeemed/ switched out within 3 months from the date of allotment of units. • NIL – There will be no exit load on any redemption/switch out after 3 months from the date of allotment of units.

From 19 Scheme Summary Documents filed with NSE, first on 17 Apr 2026; as on 6 Oct 2026

What does Bank of India Business Cycle Fund hold?

54 holdings as of 30 Sep 2026; the ten largest are 36.4% of the fund, the largest ICICI Bank Limited at 5.4%.

Mix

Holdings as of 30 Sep 2026

Equity94.7%Debt0.1%Cash6.5%Other-1.2%

Holdings

50 shares

Top ten

36.4%

of the fund

Effective holdings

37.5

spread, as if equal-weighted

Matched to our table

100%

of the equity

Five largest

% of fund

ICICI Bank Limited5.41%

State Bank of India5.07%

NTPC Limited4.16%

Bharti Airtel Limited3.78%

Apollo Hospitals Enterprise Limited3.36%

Five largest industries

% of fund

Banks13.5%

Consumer Durables12.5%

Power9.30%

Electrical Equipment8.40%

Pharmaceuticals & Biotechnology5.90%

By company size

% of equity · SEBI size lists

Large Cap47.3%Mid Cap16.8%Small Cap35.9%

How does Bank of India Business Cycle Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro

Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro

The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Bank of India Business Cycle Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro

Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

not an index tracker

Nearest to the Nifty 50: 70% of it differs from the index (an active fund is usually above 60%).

Active share 69.7%60%

Funds that hold much the same

% of holdings in common

Bank of India ELSS Tax Saver Fund45.3% the same

23 shared holdings

Bank Of India Flexi Cap Fund39.2% the same

25 shared holdings

Bank of India Large Cap Fund36.4% the same

20 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro

How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Bank of India Business Cycle Fund?

Alok Singh (manager) since None.

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

1.37% a year on the direct plan and 2.65% on the regular plan (expense report, Oct 2026).