Bank of India Mid & Small Cap Equity & Debt Fund
The fund remains defensively tilted despite its aggressive hybrid label, with a 10.7% pharma concentration offsetting meaningful exposure to cyclical sectors like auto components and electrical equipment. Recent portfolio activity signals conviction in metal stocks and selective banking plays while trimming financial services debt, though the managers are reducing liquidity—net payables suggest tactical selling pressure. The modest top-10 concentration at 23% and 98 holdings indicate a stock-picker's approach aiming for mid-cap upside without excessive concentration risk.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹40.2900 | +5.58% | +5.89% | +5.42% | +8.98% | +20.06% | +17.36% |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| National Aluminium Company Limited | 1.83% |
| Powerica Limited | 1.11% |
| Sterlite Technologies Limited | 0.60% |
| 8.95% Vedanta Limited (16/03/2029) | 0.87% |
| Union Bank of India (24/07/2026) ** # | 1.66% |
| HDFC Bank Limited (13/11/2026) # | 0.33% |
| Bank of Baroda (05/06/2026) ** # | 0.20% |
| Small Industries Dev Bank of India (28/10/2026) ** # | 0.13% |
| TREPS | 1.77% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Lloyds Metals And Energy Limited INE281B01032 | 2.64% |
| 2 | Abbott India Limited INE358A01014 | 2.58% |
| 3 | UNO Minda Limited INE405E01023 | 2.49% |
| 4 | Glenmark Pharmaceuticals Limited INE935A01035 | 2.44% |
| 5 | Indian Bank INE562A01011 | 2.33% |
| 6 | Aurobindo Pharma Limited INE406A01037 | 2.25% |
| 7 | Bharat Dynamics Limited INE171Z01026 | 2.23% |
| 8 | Quality Power Electrical Eqp Ltd INE0SII01026 | 2.11% |
| 9 | Bank of Maharashtra INE457A01014 | 2.07% |
| 10 | Nippon Life India Asset Management Limited INE298J01013 | 2.05% |
| 11 | Jindal Stainless Limited INE220G01021 | 1.86% |
| 12 | National Aluminium Company Limited INE139A01034 | 1.83% |
| 13 | Housing & Urban Development Corporation Limited INE031A01017 | 1.83% |
| 14 | Max Financial Services Limited INE180A01020 | 1.82% |
| 15 | JK Cement Limited INE823G01014 | 1.82% |
| 16 | Eris Lifesciences Limited INE406M01024 | 1.81% |
| 17 | TREPS | 1.77% |
| 18 | Hindustan Copper Limited INE531E01026 | 1.74% |
| 19 | Union Bank of India (24/07/2026) ** # INE692A16LX3 | 1.66% |
| 20 | Shreeji Shipping Global Limited INE1B6101010 | 1.64% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.