Bank of India Business Cycle Fund Direct Growth
Get the latest NAV of Bank of India Business Cycle Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹9.32
▲0.1%1D
NAV as on 12 Sep 2025
/per year
Since Inception
▲▼
64 people have invested ₹ 5.7L in Bank of India Business Cycle Fund Direct Growth in the last three months
Bank of India Business Cycle Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (12-Sep-25)
The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
Bank of India Business Cycle Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Bank of India Business Cycle Fund Asset Allocation
See fund asset allocation details as on (14-Sep-25)
Fund Distribution
as on (14-Sep-25)
Bank of India Business Cycle Fund Sector Allocation
See fund sector allocation details as on (14-Sep-25)
Sector Allocation
Top 3 Sectors in August were Financial Services, Utilities & Industrial
Financial Services
28%
Utilities
14%
Consumer Cyclical
14%
Financial Services
30%
Utilities
14%
Industrial
14%
Bank of India Business Cycle Fund Holdings Details
as on (31-Aug-25)
Bank of India Business Cycle Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 1% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹543 Cr |
| Inception Date | 30 August, 2024 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 98.89% |
| Risk |   Very High Risk |
About Bank of India Business Cycle Fund
Bank of India Business Cycle Fund Direct Growth is an equity fund. This fund was started on 30 August, 2024. The fund is managed by Alok Singh. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bank of India Business Cycle Fund Direct Growth has ₹543 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
- The fund has an expense ratio 1.
Returns
Bank of India Business Cycle Fund Direct Growth has given a CAGR return of -6.58% since inception. Over the last 1 year the fund has given a CAGR return of -7.08%.
Holdings
Bank of India Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Utilities, Consumer Cyclical, Industrial, Basic Materials, Tech, Health, Communication, Consumer Defensive, Government, Real Estate, Energy. Its top holdings are State Bank of India, ICICI Bank Ltd, HDFC Bank Ltd, NTPC Ltd, ITC Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Bank of India Business Cycle Fund Direct Growth
The Investment objective of the Scheme is to generate longterm 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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Bank of India Business Cycle Fund Direct Growth has no lock in period.
Fund Manager
Alok Singh
Fund Manager of Bank of India Business Cycle Fund Direct Growth, since 30 August 2024
- AUM of the fund stands at 543.1 Cr as of Aug'25
- AUM decreased by 22.6 Cr between Aug'25 and Jul'25
Frequently Asked Questions for Bank of India Business Cycle Fund Direct Growth
How do I invest in Bank of India Business Cycle Fund?
- Download the INDmoney app.
- Search for ‘Bank of India Business Cycle Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.