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Bank of India Business Cycle Fund - Direct (IDCW)

Sectoral / Thematic
Invest Now

  • NAV

    7.95(-0.38%)

  • Fund Size (CR)

    ₹472.19

  • Expense Ratio

    1.02

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹5,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹1,000

  • Minimum Withdrawal

    ₹0

  • 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.

    0%

  • Return Since Launch

    -20.20%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -23.56%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Alok Singh

Bench Mark

Nifty 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 5 March 20259864.03-1.36%--0.24%784/862
1 Month12 February 20259500.00-5.00%--3.62%657/838
3 Month12 December 20247695.27-23.05%--13.84%784/796
6 Month12 September 20247956.13-20.44%--15.10%636/743
1 Year----3.89%-/-
3 Year--0%-16.51%-/-
5 Year--0%-23.21%-/-
Since Inception30 August 20247980.00-20.20%-20.20%9.09%843/862

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year2 September 202470,00058843.43-15.94% -15.94%
3 Year-----
5 Year-----
10 Year-----

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

5.63%

Standard Deviation

1.02%

Beta

-2.70%

Sharpe Ratio

-0.25%

Treynor's Ratio

-11.92%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
HDFC Bank6.97%19000032.92EquityBanks
St Bk of India5.52%37865926.08EquityBanks
NTPC3.72%56400017.57EquityPower Generation & Distribution
REC Ltd3.20%42000015.13EquityFinance
NTPC Green3.05%165000014.40EquityPower Generation & Distribution
ICICI Bank3.01%11800014.21EquityBanks
Bharti Airtel2.76%8300013.03EquityTelecomm-Service
Dixon Technolog.2.66%900012.54EquityConsumer Durables
Power Grid Corpn2.51%47291911.86EquityPower Generation & Distribution
PB Fintech.2.36%7600011.12EquityIT - Software

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Bank of India Business Cycle Fund - Direct (IDCW)
472.19-5.00%-23.05%-20.44%--
WhiteOak Capital Pharma and Healthcare Fund-Dir (G)
271.36-3.25%-8.87%-6.06%26.90%-
HDFC Pharma and Healthcare Fund - Direct (G)
1468.68-2.24%-7.45%-5.97%26.89%-
HDFC Pharma and Healthcare Fund - Direct (IDCW)
1468.68-2.24%-7.45%-5.97%26.89%-
SBI Healthcare Opportunities Fund - Direct (G)
3312.89-2.77%-8.44%-4.87%18.23%22.99%
SBI Healthcare Opportunities Fund - Direct (IDCW)
3312.89-2.77%-8.44%-4.87%18.23%22.99%

List of Schemes under Bank of India Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
Bank of India Multi Cap FundEquityVery High3.79%0₹695.25
Bank of India Bluechip FundEquityVery High-5.49%1₹168.61
Bank of India Large & Mid Cap Equity FundEquityVery High-1.15%2₹327.89
Bank of India Small Cap FundEquityVery High7.31%4₹1,389.85
Bank of India Manufacturing & Infrastructure FundEquityVery High3.83%4₹462.95
Bank of India Business Cycle FundEquityVery High0%0₹472.19
Bank of India Consumption FundEquityVery High0%0₹373.01
Bank of India ELSS Tax SaverEquityVery High-4.62%4₹1,182.15
Bank of India Midcap Tax Fund - Series 1EquityVery High-5.16%0₹52.75
Bank of India Midcap Tax Fund - Series 2EquityVery High-4.86%0₹27.73
Bank of India Overnight FundDebtLow6.73%5₹64.83
Bank of India Liquid FundDebtModerately Low7.34%4₹1,740.74
Bank of India Ultra Short Duration FundDebtModerate7.14%1₹157.40
Bank of India Money Market FundDebtModerately Low0%0₹170.14
Bank of India Short Term Income FundDebtModerately Low9.4%0₹109.07
Bank of India Credit Risk FundDebtModerately High5.25%2₹113.54
Bank of India Conservative Hybrid FundHybridModerate2.24%5₹63.39
Bank of India Mid & Small Cap Equity & Debt FundHybridVery High3.3%5₹974.20
Bank of India Balanced Advantage FundHybridVery High-1.68%2₹125.13
Bank of India Multi Asset Allocation FundHybridVery High4.61%0₹321.88
Bank of India Arbitrage FundHybridLow7.51%1₹44.60
Bank of India Flexi Cap FundEquityVery High1.14%4₹1,786.77

News

  • Bank of India MF announces change in Fund Manager of the following schemes

    Bank of India Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 01 October 2024

    Change in Fund Managers of the Schemes:

    Scheme Name Existing Fund Manager(s) New Fund Manager(s)
    Bank of India Small Cap Fund Mr. Dhruv Bhatia Mr. Alok Singh
    Bank of India Blue Chip Fund Mr. Dhruv Bhatia ' Mr. Alok Singh
    ' Mr. Nilesh Jethani ' Co-Fund Manager
    Bank of India Midcap Tax Fund - Series 1 Mr. Dhruv Bhatia Mr. Nilesh Jethani
    Bank of India Midcap Tax Fund - Series 2 Mr. Dhruv Bhatia Mr. Nilesh Jethani
    Bank of India Arbitrage Fund Mr. Alok Singh Mr. Firdaus Ragina

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

9 August 2024

Total AUM (Cr)

₹472.19

Bank of India Business Cycle Fund - Direct (IDCW) is an Sectoral / Thematic-oriented fund from the renowned AMC, Bank of India Mutual Fund. Launched in 9 August 2024, this fund is managed by Alok Singh. With assets under management (AUM) worth ₹472.19 (Cr), as of 13 March 2025, Bank of India Business Cycle Fund - Direct (IDCW) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of -20.20% since its launch.
The current NAV of Bank of India Business Cycle Fund - Direct (IDCW) is ₹7.95, as on 13 March 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in Bank of India Business Cycle Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
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. The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 91.69% in Equity, 8.48% in Debt and -0.17% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 14.42% in Banks, 12.36% in Power, 9.63% in Retailing, 6.59% in Finance, 6.44% in Capital Markets

FAQs

How to Invest in Bank of India Business Cycle Fund - Direct (IDCW) Direct Growth?

Bank of India Business Cycle Fund - Direct (IDCW) is a popular fund in the Sectoral / Thematic segment. The fund has generated a return of -20.20% since inception. Looking to invest in Bank of India Business Cycle Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Bank of India Business Cycle Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Bank of India Business Cycle Fund - Direct (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Bank of India Business Cycle Fund - Direct (IDCW) today and reap the benefits of this Sectoral / Thematic fund!

How much returns has Bank of India Business Cycle Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Bank of India Business Cycle Fund - Direct (IDCW) has generated annualised return of undefined%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated -20.20% returns.

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

The expense ratio of Bank of India Business Cycle Fund - Direct (IDCW) Direct Growth is 1.02%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

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

The Assets Under Management (AUM) of Bank of India Business Cycle Fund - Direct (IDCW) is ₹472.19 (Cr) as of 2025-03-13 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Bank of India Business Cycle Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of Bank of India Business Cycle Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Bank of India Business Cycle Fund - Direct (IDCW):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Bank of India Business Cycle Fund - Direct (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.