EquityValue FundRegularGrowthVery High

Bank of India Value Fund

Q: What is the NAV of Bank of India Value Fund?

As of 09 Nov 2026, the NAV of Bank of India Value Fund is ₹10.34 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 Value Fund delivered?

Bank of India Value Fund has returned +3.19% 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 Value Fund?

Bank of India Value Fund charges an expense ratio of 2.79% 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 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.

Q: 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 12.7% 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.

Q: 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.

Q: Who manages Bank of India Value Fund?

Bank of India Value Fund is managed by Nav Bhardwaj at Bank of India.

Q: 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.

Q: 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.

Bank of India Mutual Fund · Best Value Mutual Funds

NAV

₹10.34

+1.17% 1D

as of 09 Nov 2026

This is the Regular plan of Bank of India Value 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.

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Performance

+3.19%absolute

52-week rangePrev NAV ₹10.22

Latest ₹10.34

Low ₹9.51100th percentile of its 52-week rangeHigh ₹10.34

Scorecard

Not rated

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. 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.

Performance—

No 3-year record to rank on yet

RiskLow

Volatility 12.7% vs 14.6% category avg

CostHigh

2.8% expense vs 2.4% category avg

Consistency—

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 (12.7% vs 14.6%)

Concerns

High expense ratio (2.79%) vs the Value Fund average of 2.35%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.79%

Direct 1.70% · Regular 2.79%

Category 2.35%▲0.44%

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

27.96

Category —

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

—

Category 0.40

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

Nifty 500 TRI

The scheme's allotment date, as filed in its Scheme Summary Document. This plan's NAV history may begin later — Direct plans only exist from 1 Jan 2013.

21 Sep 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

+3.71%

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

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

—

Annualized returns (≥1Y — CAGR)

Definitions

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

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

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.

+3.19%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

12.70%

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

—

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

—

Largest peak-to-trough decline over full history

-5.56%

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

—

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

—

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

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

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

—

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

—

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; price means no free daily yield exists for that index, so the fund's alpha includes roughly the index's dividend yield. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Value Fund)

Period	Fund	Category avg.	Diff
1M abs	+3.71%	+5.55%	-1.84%
3M abs	—	-1.44%	—
6M abs	—	+1.24%	—
1Y CAGR	—	+1.53%	—
3Y CAGR	—	+12.33%	—
5Y CAGR	—	+10.84%	—

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.

Monthly investment (₹)

Period

Invested

₹10.00K

Current value

₹10.00K

Absolute

0.00%

XIRR

+450.01%

Value vs. invested

ValueInvested

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.

History points

Expense ratio

2.79%

AUM

₹39.28Cr

Portfolio turnover

Exit load

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

P/E ratio

28.0

P/B ratio

5.7

Avg market cap

₹2,12,782Cr

P/E & P/B are portfolio-weighted harmonic means across 39 of 47 equity holdings (81% 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 · Value Fund

Compare all


Bank of India Value FundThis fund Bank of India · Regular · Growth	—	—	—	—	—	2.79%	₹39.28Cr
Axis Value Fund Axis · Regular · Growth	★★★★★	+7.24%	+17.36%	+13.93%	—	2.22%	₹1,804Cr
Quant Value Fund quant · Regular · Growth	★★★★☆	+8.52%	+16.96%	—	—	2.46%	₹1,967Cr
DSP Value Fund DSP · Regular · Growth	★★★★★	+7.40%	+16.92%	+12.65%	—	2.40%	₹2,167Cr
LIC MF Value Fund LIC · Regular · Growth	★★★☆☆	+17.75%	+16.03%	—	—	3.22%	₹283.29Cr
HDFC Value Fund HDFC · Regular · Growth	★★★☆☆	+5.54%	+15.70%	+12.03%	—	1.88%	₹8,030Cr

Market-cap allocation · AMFI bands, Jul 2026

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

Large cap27.6%
Mid cap16.9%
Small cap55.5%

Asset allocation

As on 31 Oct 2026 · AMC disclosure

Equity92.16%
Cash & Equivalents7.84%

which companies this fund invests in

As on 31 Oct 2026 · AMC disclosure

Kotak Mahindra Bank Limited

4.22%

Reliance Industries Limited

3.91%

Cemindia Projects Ltd

3.19%

HDFC Bank Limited

3.12%

UltraTech Cement Limited

3.03%

Sona BLW Precision Forgings Limited

2.89%

The Federal Bank Limited

2.85%

Divi's Laboratories Limited

2.73%

Filatex India Limited

2.53%

Privi Speciality Chemicals Limited

2.50%

What the fund bought and sold

30 Sep 2026 → 31 Oct 2026 disclosures: 44 new, 0 exited, 2 added to, 0 cut. Judged by share count, so a price move alone never counts.

Biggest buys

NewReliance Industries Limited— → 3.91%
NewCemindia Projects Ltd— → 3.19%
AddedKotak Mahindra Bank Limited1.00% → 4.22%
NewUltraTech Cement Limited— → 3.03%
NewSona BLW Precision Forgings Limited— → 2.89%
NewThe Federal Bank Limited— → 2.85%
NewDivi's Laboratories Limited— → 2.73%
NewFilatex India Limited— → 2.53%

Source: the AMC's monthly portfolio disclosures.

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Bank of India Multi Asset Allocation Fund Bank of India · Multi Asset Allocation	31.0% of 57% equity	★★★☆☆	1.03%	—
Bank of India Small Cap Fund Bank of India · Small Cap Fund	29.4%	★★★★☆	0.81%	+18.78%
Bank of India Large Cap Fund Bank of India · Large Cap Fund	28.1%	★★★☆☆	1.29%	+13.39%
Aditya Birla Sun Life Retirement Fund-The 40s Aditya Birla Sun Life · Retirement Fund	23.6% of 79% equity	★★★★☆	1.18%	+12.28%
Bajaj Finserv Flexi Cap Fund Bajaj Finserv · Flexi Cap Fund	23.2%	★★★★☆	1.00%	+17.63%
Bank of India Multi Cap Fund Bank of India · Multi Cap Fund	22.6%	★★★☆☆	1.16%	+17.90%
Bajaj Finserv Large & Mid Cap Fund Bajaj Finserv · Large & Mid Cap Fund	22.5%	★★★☆☆	1.16%	—
Groww Multi Asset Allocation Fund Groww · Multi Asset Allocation	22.4% of 66% equity	★★☆☆☆	1.01%	—

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)

6 holdings — 11.79% 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.

Filatex India LimitedLong-term · Stage I2.53%
Optiemus Infracom LimitedLong-term · Stage I2.45%
Raymond LimitedLong-term · Stage I1.94%
Steel Strips Wheels LimitedLong-term · Stage I1.84%
Vedanta Power LimitedShort-term · Stage I1.52%
Entero Healthcare Solutions LimitedShort-term · Stage I1.51%

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.

-5.6%06 Oct 2026 → 23 Oct 2026
Fell over 17 days, back to the old high on 03 Nov 2026 — 11 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.

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

₹17,978Cr+16.4% QoQ

Avg AUM · July - September 2026

Website

boimf.in

Fund Managers

NBNav BhardwajManaging since 21 Sep 2026

Education

PhD – Business Management (Finance) •Master’s in Commerce •B. A. (Hons.) – Economics

Experience

Around 17 years of diverse experience, in equity research, project finance, derivative trading and fund management.

Funds managed (1)

BANK OF INDIA SMALL CAP FUND

All schemes Nav Bhardwaj runs →

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

Top holdings

Kotak Mahindra Bank Limited Reliance Industries Limited Cemindia Projects Ltd HDFC Bank Limited UltraTech Cement Limited Sona BLW Precision Forgings Limited The Federal Bank Limited Divi's Laboratories Limited Filatex India Limited Privi Speciality Chemicals Limited Optiemus Infracom Ltd Bajaj Auto 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.

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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.

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 ₹10.34 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 +3.19% 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 2.79% 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 12.7% 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.