Bank of India Value Fund
This is the Direct plan of Bank of India Value 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
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 — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
No 3-year record to rank on yet
Volatility 12.6% vs 14.6% category avg
1.7% expense vs 1.3% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Less volatile than its Value Fund peers (12.6% vs 14.6%)
Concerns
- High expense ratio (1.70%) vs the Value Fund average of 1.25%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Value Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +3.81% | +5.65% | -1.84% |
| 3M abs | — | -1.15% | — |
| 6M abs | — | +1.80% | — |
| 1Y CAGR | — | +2.64% | — |
| 3Y CAGR | — | +13.53% | — |
| 5Y CAGR | — | +11.99% | — |
Category average across peers in Value Fund (up to 23 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.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
Pick a longer period to plot the path.
1 monthly installments of ₹10,000 into Bank of India Value Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
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 Oct 2026 · AMC disclosure- Equity92.16%
- Cash & Equivalents7.84%
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
NBNav BhardwajManaging since 21 Sep 2026
PhD – Business Management (Finance) •Master’s in Commerce •B. A. (Hons.) – Economics
Around 17 years of diverse experience, in equity research, project finance, derivative trading and fund management.
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. 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.
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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 Value funds
Value funds look for stocks trading below what the manager thinks they're worth. The style can lag for long stretches and then catch up quickly, so it rewards patience.
From the blog
Frequently asked questions
What is the NAV of Bank of India Value Fund?
As of 09 Nov 2026, the NAV of Bank of India Value Fund is ₹10.35 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Bank of India Value Fund delivered?
Bank of India Value Fund has returned +3.29% 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 Value Fund?
Bank of India Value Fund charges an expense ratio of 1.70% 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 Value Fund?
Bank of India Value Fund's largest holdings are Kotak Mahindra Bank Limited (4.2%), Reliance Industries Limited (3.9%), Cemindia Projects Ltd (3.2%), HDFC Bank Limited (3.1%) and UltraTech Cement Limited (3.0%). Holdings are disclosed monthly and change over time.
How risky is Bank of India Value Fund?
Bank of India Value Fund sits at the very high level on our estimate of SEBI's risk-o-meter scale, its trailing-3Y volatility (annualised) is 12.6% and its worst peak-to-trough fall in our sample was 5.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Bank of India Value Fund?
Bank of India Value Fund is benchmarked against the Nifty 500 TRI. The alpha, beta and capture figures on this page are measured against the Nifty 500 TRI, the closest index whose daily history we hold.
Who manages Bank of India Value Fund?
Bank of India Value Fund is managed by Nav Bhardwaj at Bank of India.
When was Bank of India Value Fund launched, and what is its objective?
Bank of India Value Fund was launched on 21 Sep 2026. its stated objective is: The investment objective of the scheme is to generate long-term capital appreciation by predominantly investing in equity and equity related instruments by following a value investment strategy. However, there is no assurance that the investment objective of the scheme will be achieved. Both are as filed in the scheme's own Scheme Summary Document.
How is Bank of India Value Fund taxed?
Bank of India Value 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.