Bank of India Banking & Financial Services Fund
Sectoral/ Thematic · Bank of India Investment Managers Private Limited
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹85,780. Its ride has historically been comparatively steady.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Bank of India Banking & Financial Services Fund is a Sectoral/ Thematic fund from Bank of India Investment Managers Private Limited. It has a track record of about 0.6 years. The current NAV is ₹9.6 (as of 2026-09-16).
Growth of ₹100 - last 1 years
Bank of India Banking & Financial Services Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -2.74% | -3.47% |
| 3 months | -2.34% | 2.0% |
| 6 months | 1.37% | 10.56% |
Year-by-year returns
Not enough history for a calendar-year breakdown.
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -14.22% | -26.37% |
| Volatility (1Y) | 22.99% | 19.02% |
The worst peak-to-bottom fall Bank of India Banking & Financial Services Fund has ever put investors through is -14.22% - the real test of whether you'd have stayed invested.
How Bank of India Banking & Financial Services Fund behaves when markets fall
Its deepest fall on record is -14.22%. Right now it sits about 6.52% below its all-time high (last hit 2026-02-25). The real question isn't the average year - it's whether you could hold on through the worst one.
How Bank of India Banking & Financial Services Fund ranks in its category
Percentile versus its ~946 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
What Bank of India Banking & Financial Services Fund holds
Its latest monthly portfolio disclosure. This is what your money actually owns.
Top holdings
Sector allocation
The top 10 holdings make up 55.5% of the portfolio, across 32 stocks. A higher concentration means the fund's fortunes ride on fewer names.
Portfolio overlap with similar funds
Bank of India Banking & Financial Services Fund shares HDFC Transportation and Logistics Fund (0%), LIC MF Healthcare Fund (0%), ICICI Prudential Transportation And Logistics Fund (0%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.
Who manages Bank of India Banking & Financial Services Fund - and how good are they?
Bank of India Banking & Financial Services Fund is managed by Nilesh Jethani. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Nilesh Jethani's full record
Nilesh Jethani currently runs 5 funds, across Arbitrage Fund, Large Cap Fund, Multi Asset Allocation, Sectoral/ Thematic, with about ₹1,094 Cr under management. The book's average King Score is 69.5/100. Their strongest fund by King Score is BANK OF INDIA Large Cap Fund (76/100).
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BANK OF INDIA Large Cap Fund | 91 | 76 | -0.7% | 5.2% | 3.1% | 11.8% | 9.1% | n/a | 0.33 | 16.1% | -22.6% |
| 2 | BANK OF INDIA Arbitrage Fund | 58 | 63 | 1.5% | 2.8% | 6.1% | 6.8% | 5.8% | n/a | 0.27 | 4.7% | -0.6% |
| 3 | Bank of India Multi Asset Allocation Fund | 84 | n/a | 1.0% | 5.0% | 10.8% | n/a | n/a | n/a | 0.46 | n/a | -9.4% |
| 4 | Bank of India Banking & Financial Services Fund | n/a | n/a | -2.3% | 1.4% | n/a | n/a | n/a | n/a | n/a | n/a | -14.2% |
| 5 | Mahindra Manulife Innovation Opportunities Fund | n/a | n/a | 1.5% | 13.9% | n/a | n/a | n/a | n/a | n/a | n/a | -9.8% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 1.08% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹5000 |
| Fund size (AUM) | ₹273 Cr |
| Age | 0.6 years |
| Plan / Option | Direct · Growth |
How Bank of India Banking & Financial Services Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| HDFC Transportation and Logistics Fund | 82 | 89 | 24.1% |
| LIC MF Healthcare Fund | 91 | 87 | 21.4% |
| ICICI Prudential Transportation And Logistics Fund | 78 | 87 | 21.1% |
| ICICI Prudential Innovation Fund | 56 | 87 | 17.8% |
| HDFC Defence Fund | 87 | 83 | 36.0% |
| Kotak Manufacture in India Fund | 81 | 83 | 19.1% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Bank of India Banking & Financial Services Fund review: the bottom line
Related
Frequently asked questions
Is Bank of India Banking & Financial Services Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Bank of India Banking & Financial Services Fund scores within its category, and its worst drawdown was -14.22%. Compare those against your needs and the peer table above.
What is the NAV of Bank of India Banking & Financial Services Fund today?
The latest NAV is ₹9.6 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Bank of India Banking & Financial Services Fund?
The Direct-plan expense ratio is 1.08% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Bank of India Banking & Financial Services Fund?
Bank of India Banking & Financial Services Fund is managed by Nilesh Jethani.
Is Bank of India Banking & Financial Services Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -14.22% - ₹1 lakh briefly becoming about ₹85,780. As a sectoral & thematic fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Bank of India Banking & Financial Services Fund tax-efficient / what about capital gains?
As a sectoral & thematic fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Bank of India Banking & Financial Services Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.