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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹40.4800 | +2.90% | +7.95% | +20.06% | +17.47% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
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.
Frequently Asked Questions
How many stocks does Bank of India Mid & Small Cap Equity & Debt Fund hold?
Bank of India Mid & Small Cap Equity & Debt Fund holds 96 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 12.48% of NAV.
What is the largest holding in Bank of India Mid & Small Cap Equity & Debt Fund?
The largest position in Bank of India Mid & Small Cap Equity & Debt Fund is Lloyds Metals And Energy Limited, accounting for 2.64% of NAV in the Minerals & Mining sector.
Is Bank of India Mid & Small Cap Equity & Debt Fund a concentrated or diversified fund?
With a Gini coefficient of 0.356, Bank of India Mid & Small Cap Equity & Debt Fund is well-diversified. The HHI concentration index is 14,012 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 12.48% of the portfolio.
What is the market cap allocation of Bank of India Mid & Small Cap Equity & Debt Fund?
Based on SEBI's AMFI classification, Bank of India Mid & Small Cap Equity & Debt Fund's equity portfolio is split as: Large Cap: 0.00%, Mid Cap: 47.66%, Small Cap: 30.11%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bank of India Mid & Small Cap Equity & Debt Fund invest in most?
Bank of India Mid & Small Cap Equity & Debt Fund has the highest allocation to Pharmaceuticals & Biotechnology (10.74%), CRISIL AAA (8.90%), Electrical Equipment (6.69%). The fund is invested across 41 sectors in total.
How actively managed is Bank of India Mid & Small Cap Equity & Debt Fund compared to other Aggressive Hybrid Fund funds?
Bank of India Mid & Small Cap Equity & Debt Fund has an Active Share of 91.38%, classifying it as "Highly Differentiated" among 28 Aggressive Hybrid Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Bank of India Mid & Small Cap Equity & Debt Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bank of India Mid & Small Cap Equity & Debt Fund added 9 new stocks (including National Aluminium Company Limited) and exited 5 stocks (including Coforge Limited). Total holding count increased from 94 to 98 stocks.