EquityFlexi Cap FundRegularGrowthVery High

Bank of India Flexi Cap Fund

Q: What is the NAV of Bank of India Flexi Cap Fund?

As of 05 Oct 2026, the NAV of Bank of India Flexi Cap Fund is ₹37.90 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Bank of India Flexi Cap Fund delivered?

Bank of India Flexi Cap Fund has returned +7.57% over 1 year, +17.00% per year over 3 years, +14.29% per year over 5 years and +23.63% 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.

Q: What is the expense ratio of Bank of India Flexi Cap Fund?

Bank of India Flexi Cap Fund charges an expense ratio of 2.28% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Bank of India Flexi Cap Fund?

Bank of India Flexi Cap Fund's largest holdings are State Bank of India (5.0%), ICICI Bank Limited (3.9%), Hindustan Aeronautics Limited (3.0%), Sky Gold And Diamonds Limited (2.9%) and Quality Power Electrical Eqp Ltd (2.8%). Holdings are disclosed monthly and change over time.

Q: How risky is Bank of India Flexi Cap Fund?

Bank of India Flexi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 17.7% and its worst peak-to-trough fall in our sample was -24.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.59 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bank of India Flexi Cap Fund's 0.59 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Bank of India Flexi Cap Fund?

Bank of India Flexi Cap Fund is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Bank of India Flexi Cap Fund?

Bank of India Flexi Cap Fund is managed by Alok Singh at Bank of India.

Q: How is Bank of India Flexi Cap Fund taxed?

Bank of India Flexi 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.

Bank of India Mutual Fund · Best Flexi Cap Mutual Funds

NAV

₹37.90

+0.91% 1D

as of 05 Oct 2026

This is the Regular plan of Bank of India Flexi Cap Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

Performance

+7.55%absolute

52-week rangePrev NAV ₹37.56

Latest ₹37.90

Low ₹31.7985th percentile of its 52-week rangeHigh ₹39.00

Scorecard

★★★★☆4/5 vs 36 of 45 Flexi Cap Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How 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. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Flexi Cap Fund (same plan and option). 36 of the 45 Flexi Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceStrong

3Y CAGR +17.00% · ranks 1 of 36 Flexi Cap Funds

RiskHigh

Volatility 17.7% vs 14.0% category avg

CostAverage

2.3% expense vs 2.3% category avg

ConsistencyHigh

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

Ahead of the Flexi Cap Fund average on 1M/3M/6M/1Y — 1Y by 8.57pp
3-year return (+17.00%) beats the Flexi Cap Fund average (+10.60%)
5-year return (+14.29%) beats the Flexi Cap Fund average (+8.80%)
Ranks #3 of 41 on 1-year return in its Flexi Cap Fund cohort
Stronger risk-adjusted returns — Sharpe 0.59 vs 0.28 Flexi Cap Fund average

Concerns

More volatile than its Flexi Cap Fund peers (17.7% vs 14.0%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.28%

Category 2.29%▼0.01%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

24.33

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.59

Category 0.28▲0.31

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

• If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% • If redeemed/ switched-out after 3 months from the date of allotment: Nil

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

BSE 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

01 Jul 2020

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-1.97%

Absolute return over the last 3 months (not annualized)

+1.15%

Absolute return over the last 6 months (not annualized)

+16.58%

Absolute return since 1 Jan of this year (not annualized)

+7.27%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+7.57%

3-year annualized return (CAGR)

+17.00%

5-year annualized return (CAGR)

+14.29%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+23.63%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

17.66%

Excess return per unit of total volatility (rf = 6.5%)

0.59

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.79

Largest peak-to-trough decline over full history

-23.98%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

6.42%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

1.07

How much of the fund's movement Nifty 500 TRI explains

81.5%

Excess return per unit of beta (market risk)

9.53

Active return over the benchmark per unit of tracking error

0.86

Annualized std dev of fund-minus-benchmark returns

8.13%

Fund's share of benchmark gains in up months (100 = matches index)

124.6%

Fund's share of benchmark losses in down months (lower is better)

99.7%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Flexi Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-1.97%	-4.44%	+2.47%
3M abs	+1.15%	-2.78%	+3.93%
6M abs	+16.58%	+9.75%	+6.83%
1Y CAGR	+7.57%	-1.00%	+8.57%
3Y CAGR	+17.00%	+10.60%	+6.40%
5Y CAGR	+14.29%	+8.80%	+5.49%

Category average across peers in Flexi Cap Fund (up to 45 funds with data), 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.

Category rank

Vs 45 peers in Flexi Cap Fund

1Y return

+7.57%

Beats 95% · rank #3

3Y return🏆

+17.00%

Beats 100% · rank #1

5Y return

+14.29%

Beats 96.2% · rank #2

Sharpe

0.59

Beats 94.3% · rank #3

Sortino

0.79

Beats 91.4% · rank #4

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹8.67L

Absolute

+44.44%

XIRR

+15.15%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Bank of India Flexi 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 500 TRI	Diff
2026part	+7.27%	-7.18%	+14.45%
2025	-0.31%	+7.94%	-8.25%
2024	+28.97%	+16.43%	+12.54%
2023	+37.88%	+27.43%	+10.45%
2022	-0.94%	+4.34%	-5.28%
2021	+46.01%	+31.59%	+14.42%
2020part	+37.25%	—	—

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.

History points

1,546

Expense ratio

2.28%

AUM

₹2,414Cr

Portfolio turnover

96%

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

24.3

P/B ratio

4.8

Avg market cap

₹2,62,670Cr

P/E & P/B are portfolio-weighted harmonic means across 51 of 65 equity holdings (77% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This 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.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

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.

Peer comparison · Flexi Cap Fund

Compare all


Bank of India Flexi Cap FundThis fund Bank of India · Regular · Growth	★★★★☆	+7.57%	+17.00%	+14.29%	—	2.28%	₹2,414Cr
Motilal Oswal Flexi Cap Fund Motilal Oswal · Regular · Growth	★★★☆☆	+1.45%	+16.60%	+11.30%	—	2.00%	₹12,836Cr
ITI Flexi Cap Fund ITI · Regular · Growth	★★★★☆	+9.29%	+16.26%	—	—	2.31%	₹1,304Cr
360 ONE Flexicap Fund 360 One · Regular · Growth	★★★★☆	+6.57%	+15.08%	—	—	2.37%	₹2,018Cr
Invesco India Flexi Cap Fund Invesco · Regular · Growth	★★★★★	-2.05%	+14.76%	—	—	2.10%	₹4,904Cr
HSBC Flexi Cap Fund HSBC · Regular · Growth	★★★☆☆	+3.41%	+14.34%	+11.30%	—	2.09%	₹5,420Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap44.3%
Mid cap20.5%
Small cap35.2%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity88.93%
Cash & Equivalents5.97%
Debt5.10%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

State Bank of India

5.01%

ICICI Bank Limited

3.94%

Hindustan Aeronautics Limited

2.99%

Sky Gold And Diamonds Limited

2.90%

Quality Power Electrical Eqp Ltd

2.84%

Balrampur Chini Mills Limited

2.76%

Mankind Pharma Limited

2.70%

Dr. Reddy's Laboratories Limited

2.47%

Bharti Airtel Limited

2.45%

Entero Healthcare Solutions Ltd

2.43%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Bank of India ELSS Tax Saver Fund Bank of India · ELSS	60.8%!	★★★☆☆	1.10%	+11.73%
Bank of India Multi Asset Allocation Fund Bank of India · Multi Asset Allocation	46.2% of 56% equity	★★★★☆	1.08%	—
Bank of India Large Cap Fund Bank of India · Large Cap Fund	44.7%	★★★☆☆	1.29%	+11.91%
Bank of India Business Cycle Fund Bank of India · Sectoral/ Thematic	42.7%	★★★☆☆	1.37%	—
Bank of India Conservative Hybrid Fund Bank of India · Conservative Hybrid Fund	41.4% of 20% equity	★☆☆☆☆	1.18%	+6.38%
Bank of India Small Cap Fund Bank of India · Small Cap Fund	33.1%!	★★★★☆	0.78%	+21.93%
Bank of India Multi Cap Fund Bank of India · Multi Cap Fund	32.3%	★★★☆☆	1.17%	+16.74%
Bank of India Balanced Advantage Fund Bank of India · Dynamic Asset Allocation or Balanced Advantage	32.1% of 58% equity	★☆☆☆☆	1.39%	+8.72%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

3 holdings — 5.09% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Sterlite Technologies LimitedLong-term · Stage IV2.12%
SIGMA ADVANCED SYSTEMS LIMITEDLong-term · Stage IV1.95%
Turtlemint Fintech Solutions LimitedShort-term · Stage I1.02%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-24.0%11 Dec 2024 → 28 Feb 2025
Fell over 3 months, back to the old high on 02 Jul 2026 — 16 months under water after the low.
-21.8%17 Jan 2022 → 20 Jun 2022
Fell over 5 months, back to the old high on 19 Jun 2023 — 12 months under water after the low.
-10.4%03 Jun 2024 → 04 Jun 2024
Fell over 1 day, back to the old high on 14 Jun 2024 — 10 days under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹2,414Cr

April - June 2026

+11%

since January - March 2026

+₹189.40Cr

est. net flow, last quarter

At or near its largest, ₹2,414Cr 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.

Launched

30 Mar 2008

Total AUM

₹15,446Cr+9.0% QoQ

Avg AUM · April - June 2026

Website

boimf.in

Fund Managers

ASAlok SinghStart date not disclosed

Education

B.Com, PGDBA and CFA

Experience

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)

Funds managed (7)

All schemes Alok Singh runs →

Fund manager, benchmark and dealing terms from 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

Fund managers

Alok Singh

Top holdings

State Bank of India ICICI Bank Limited Hindustan Aeronautics Limited Sky Gold And Diamonds Limited Quality Power Electrical Eqp Ltd Balrampur Chini Mills Limited Mankind Pharma Limited Dr. Reddy's Laboratories Limited Bharti Airtel Limited Entero Healthcare Solutions Ltd UNO Minda Limited Sterlite Technologies Limited

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.

Run SIP calculator Add to compare

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 Flexi Cap funds

Flexi cap funds invest across large, mid and small-cap stocks with no fixed allocation, letting the manager shift with the market cycle. That flexibility can help manage risk and chase growth wherever it is.

Frequently asked questions

What is the NAV of Bank of India Flexi Cap Fund?

As of 05 Oct 2026, the NAV of Bank of India Flexi Cap Fund is ₹37.90 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Bank of India Flexi Cap Fund delivered?

Bank of India Flexi Cap Fund has returned +7.57% over 1 year, +17.00% per year over 3 years, +14.29% per year over 5 years and +23.63% 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 Flexi Cap Fund?

Bank of India Flexi Cap Fund charges an expense ratio of 2.28% 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 Flexi Cap Fund?

Bank of India Flexi Cap Fund's largest holdings are State Bank of India (5.0%), ICICI Bank Limited (3.9%), Hindustan Aeronautics Limited (3.0%), Sky Gold And Diamonds Limited (2.9%) and Quality Power Electrical Eqp Ltd (2.8%). Holdings are disclosed monthly and change over time.

How risky is Bank of India Flexi Cap Fund?

Bank of India Flexi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 17.7% and its worst peak-to-trough fall in our sample was -24.0%. 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 0.59 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bank of India Flexi Cap Fund's 0.59 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Bank of India Flexi Cap Fund?

Bank of India Flexi Cap Fund is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages Bank of India Flexi Cap Fund?

Bank of India Flexi Cap Fund is managed by Alok Singh at Bank of India.

How is Bank of India Flexi Cap Fund taxed?

Bank of India Flexi 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.