Bank of India Small Cap Fund
This is the Direct plan of Bank of India Small Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.
Performance
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Equity funds (same plan and option) to rank against yet.
Not enough Small Cap Fund peers to rank yet
Volatility 18.9% (no category average yet)
0.8% expense (no category average yet)
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Consistent — positive in 100% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Small Cap Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.85% | — | — |
| 3M abs | +8.10% | — | — |
| 6M abs | +41.03% | — | — |
| 1Y CAGR | +29.25% | — | — |
| 3Y CAGR | +21.62% | — | — |
| 5Y CAGR | +20.05% | — | — |
Category average across peers in Small Cap Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Bank of India Small Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty Smallcap 250 TRI | Diff | |
|---|---|---|---|---|
| 2026part | +31.72% | +6.37% | +25.35% | |
| 2025 | -7.16% | -5.29% | -1.87% | |
| 2024 | +31.97% | +27.52% | +4.45% | |
| 2023 | +42.76% | +49.76% | -7.00% | |
| 2022 | +0.09% | -2.65% | +2.74% | |
| 2021 | +30.15% | +63.41% | -33.26% | |
| 2020 | +55.11% | +27.11% | +28.00% | |
| 2019 | +6.27% | -7.26% | +13.53% | |
| 2018part | +0.30% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Recent changes
Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.
- Expense ratio up: 0.73% → 0.78%02 Oct 2026
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity86.08%
- Cash & Equivalents7.57%
- Debt6.35%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹2,235Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Bank of India Mutual Fund is run by Bank of India Investment Managers, wholly owned by the bank since its former joint-venture partner AXA Investment Managers exited — the house was branded BOI AXA until then. It runs a compact equity, hybrid and debt line-up.
Fund Managers
ASAlok SinghManaging since 27 Apr 2022
B.Com, PGDBA and CFA
Around 18 years of experience, BOI AXA Investment Managers (April 2012 – present) including 11 years in Mutual Fund BNP Paribas Asset Management Pvt. Ltd. (Feb 2005 to industry. March 2012) Axis Bank Limited (August 2000 to January 2005)
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Bank of India in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Mutual funds now offer nearly 2,000 schemes; passive funds account for one-third of the shelf
Cafemutual · 2d ago
Bank of India Short Term Fund Regular-IDCW Monthly
The Economic Times · 4d ago
BOI MF - Dollar Strength Challenges FPI flows into India outlook
Alice Blue · 6d ago
Daily Voice | Strong dollar may cap FPI flows into EMs, including India: Bank of India MF CIO
Moneycontrol.com · 6d ago
Bank of India Large & Mid Cap Fund
CNBC TV18 · 10d ago
Bank Of Baroda Shareholding Pattern – Promoters, FIIs & DIIs
Value Research · 13d ago
Bank of India MF CIO Alok Singh sees banks poised for a re-rating. Here’s what could trigger it
inkl · 16d ago
Glass Wall Systems raises $14M from anchors before India IPO
Dealroom · 27d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Small Cap funds
Small cap funds invest in companies beyond the top 250 by size. They offer the highest growth potential of any equity category and also the sharpest falls, so they suit long horizons and strong stomachs.
Frequently asked questions
What is the NAV of Bank of India Small Cap Fund?
As of 01 Oct 2026, the NAV of Bank of India Small Cap Fund is ₹49.67 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Bank of India Small Cap Fund delivered?
Bank of India Small Cap Fund has returned +29.25% over 1 year, +21.62% per year over 3 years, +20.05% per year over 5 years and +22.92% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Bank of India Small Cap Fund?
Bank of India Small Cap Fund charges an expense ratio of 0.78% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Bank of India Small Cap Fund?
Bank of India Small Cap Fund's largest holdings are Sky Gold And Diamonds Limited (3.0%), Quality Power Electrical Eqp Ltd (2.5%), City Union Bank Limited (2.4%), Sterlite Technologies Limited (2.2%) and Balrampur Chini Mills Limited (2.2%). Holdings are disclosed monthly and change over time.
How risky is Bank of India Small Cap Fund?
Bank of India Small Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 18.9% and its worst peak-to-trough fall in our sample was -32.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.80 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bank of India Small Cap Fund's 0.80 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Bank of India Small Cap Fund?
Bank of India Small Cap Fund is benchmarked against the NIFTY Smallcap 250 TRI. Its alpha and beta on this page are measured against that index.
Who manages Bank of India Small Cap Fund?
Bank of India Small Cap Fund is managed by Alok Singh at Bank of India.
How is Bank of India Small Cap Fund taxed?
Bank of India Small Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.