Bank of India Large Cap Fund
This is the Direct plan of Bank of India Large Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★☆☆3/5 vs 30 of 34 Large 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 Large Cap Fund (same plan and option). 30 of the 34 Large Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +11.46% · ranks 5 of 30 Large Cap Funds
Volatility 15.2% vs 13.4% category avg
1.3% expense vs 1.1% category avg
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 Large Cap Fund average on 1M/3M/6M/1Y — 1Y by 6.14pp
- 3-year return (+11.46%) beats the Large Cap Fund average (+8.85%)
- 5-year return (+9.00%) beats the Large Cap Fund average (+8.18%)
- Ranks #3 of 33 on 1-year return in its Large Cap Fund cohort
- Stronger risk-adjusted returns — Sharpe 0.33 vs 0.17 Large Cap Fund average
Concerns
- More volatile than its Large Cap Fund peers (15.2% vs 13.4%)
- High expense ratio (1.29%) vs the Large Cap Fund average of 1.15%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Large Cap Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -4.66% | -5.77% | +1.11% |
| 3M abs | -3.43% | -4.32% | +0.89% |
| 6M abs | +7.31% | +3.70% | +3.61% |
| 1Y CAGR | +1.78% | -4.36% | +6.14% |
| 3Y CAGR | +11.46% | +8.85% | +2.61% |
| 5Y CAGR | +9.00% | +8.18% | +0.82% |
Category average across peers in Large Cap Fund (up to 34 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 34 peers in Large Cap Fund
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 Large 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 100 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -2.77% | -10.54% | +7.77% | |
| 2025 | +7.62% | +10.40% | -2.78% | |
| 2024 | +14.52% | +13.11% | +1.41% | |
| 2023 | +31.11% | +21.72% | +9.39% | |
| 2022 | -1.89% | +5.03% | -6.92% | |
| 2021part | +11.51% | — | — |
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.
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- Equity97.84%
- Cash & Equivalents2.14%
- Debt0.02%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹212.41Cr 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 SinghStart date not disclosed
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)
NJNilesh JethaniStart date not disclosed
Post Graduate Program in Global Financial Markets, CFA Level 2.
He has over 9 years of experience in Equity Research across Financial, IT and Capital Goods sector. Experience • Bank of India Investment Managers Private Limited (November 2021, to Present). • Envision Capital Services Pvt Ltd (November 2020 to October 2021). • HDFC Securities Ltd (July 2019 to October 2020) • HDFC Bank Ltd (September 2016 to July 2019).
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.
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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 Large Cap funds
Large cap funds invest mainly in India's 100 biggest listed companies. They tend to be steadier than mid- and small-cap funds, with more modest but more dependable growth.
From the blog
Large-cap funds: 30 of 33 lost money in the year
02 Oct 2026
Thirty of 33 large-cap funds fell in the year to 1 October 2026; the median lost 4.71%. Their 3, 5 and 10-year returns, with the best and worst funds.
Back above February: which equity funds have recovered
19 Aug 2026
By 18 August 2026, 256 of 306 diversified equity funds were back above their 27 February NAV, every small-cap fund but only 17 of 33 large caps.
Large-cap funds since March: same funds, new numbers
16 Jul 2026
The median large-cap fund's one-year return fell from 10.47% in March to −0.54% by 15 July 2026, though its NAV rose 2.04%. What changed and what didn't.
Frequently asked questions
What is the NAV of Bank of India Large Cap Fund?
As of 01 Oct 2026, the NAV of Bank of India Large Cap Fund is ₹17.17 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Bank of India Large Cap Fund delivered?
Bank of India Large Cap Fund has returned +1.78% over 1 year, +11.46% per year over 3 years, +9.00% per year over 5 years and +10.86% 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 Large Cap Fund?
Bank of India Large Cap Fund charges an expense ratio of 1.29% 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 Large Cap Fund?
Bank of India Large Cap Fund's largest holdings are HDFC Bank Limited (7.0%), ICICI Bank Limited (6.2%), State Bank of India (5.0%), Adani Ports and Special Economic Zone Limited (3.9%) and Reliance Industries Limited (3.4%). Holdings are disclosed monthly and change over time.
How risky is Bank of India Large Cap Fund?
Bank of India Large Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.2% and its worst peak-to-trough fall in our sample was -22.6%. 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 0.33 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bank of India Large Cap Fund's 0.33 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Bank of India Large Cap Fund?
Bank of India Large Cap Fund is benchmarked against the NIFTY 100 TRI. Its alpha and beta on this page are measured against that index.
Who manages Bank of India Large Cap Fund?
Bank of India Large Cap Fund is managed by Alok Singh and Nilesh Jethani at Bank of India.
How is Bank of India Large Cap Fund taxed?
Bank of India Large 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.