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Bank of India Banking & Financial Services Fund - Direct Plan - IDCW
TopFund Score: 36/100 · Weak
How this score is calculated
- Star rating (35%)—
- 3Y CAGR (30%)—
- Expense ratio (20%)1.63%
- AUM (15%)₹274 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Bank of India Mutual Fund · Equity · Sectoral
₹9.64
AUM: ₹273 Cr
NAV updated 18 days ago
Plan
Direct
Option
Idcw
Risk
Very High
Expense Ratio
1.63%
Exit Load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
Fund Manager
Nilesh Jethani
Inception
Jan 2026
Benchmark
NIFTY Financial Services Total Return Index
Sharpe Ratio
-0.69
Std Dev (1Y)
18.18%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-2.23%
3m
+1.47%
6m
+0.42%
1y
—
3y
—
5y
—
10y
—
since inception
-3.7%
TopFund's Take on Bank of India Banking & Financial Services Fund - Direct Plan - IDCW
Bank of India Banking & Financial Services Fund - Direct Plan - IDCW lags behind most of its peers in the Sectoral category. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 36/100.
Cost: At 1.63%, the expense ratio runs 65% above the Sectoral category average of 0.99%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.69 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 18.18% is fairly typical for Sectoral funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Bank of India Banking & Financial Services Fund - Direct Plan - IDCW
The current NAV (Net Asset Value) of Bank of India Banking & Financial Services Fund - Direct Plan - IDCW is ₹9.64. NAV is updated every business day after market close by AMFI.
Return data is not yet available for this fund.
The expense ratio of Bank of India Banking & Financial Services Fund - Direct Plan - IDCW is 1.63% per annum. This is the annual fee charged by the fund to manage your investment.
Bank of India Banking & Financial Services Fund - Direct Plan - IDCW is managed by Nilesh Jethani at Bank of India Mutual Fund.
Bank of India Banking & Financial Services Fund - Direct Plan - IDCW is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Bank of India Banking & Financial Services Fund - Direct Plan - IDCW is a Sectoral fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Bank of India Banking & Financial Services Fund - Direct Plan - IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Bank of India Banking & Financial Services Fund - Direct Plan - IDCW is ₹274 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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