Bank of India Large & Mid Cap Fund
The fund maintains a defensive posture with concentrated bets in banks and pharma, signaling conviction in domestic consumption and financial sector strength. The manager trimmed IT exposure entirely and rotated into cyclicals like metals and telecom, suggesting a tactical shift away from rate-sensitive sectors. The elevated 5% cash position coupled with selective nibbles into value plays like ITC and Bharti Airtel hints at measured optimism rather than aggressive deployment.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹89.7400 | +0.41% | +5.14% | +15.89% | +14.54% |
| Regular IDCW | ₹26.7800 | +0.41% | — | — | — |
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 |
|---|---|
| Bharti Airtel Limited | 2.03% |
| ITC Limited | 1.79% |
| Dixon Technologies (India) Limited | 1.58% |
| CreditAccess Grameen Limited | 0.77% |
| S.J.S. Enterprises Limited | 0.00% |
| Vedanta Aluminium Metal Limited ** | 1.54% |
| Malco Energy Limited ** | 0.33% |
| Vedanta Iron And Steel Limited ** | 0.07% |
| Talwandi Sabo Power Limited ** | 0.04% |
| TREPS | 4.10% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Reliance Industries Limited INE002A01018 | 6.66% |
| 2 | HDFC Bank Limited INE040A01034 | 5.84% |
| 3 | Larsen & Toubro Limited INE018A01030 | 4.39% |
| 4 | TREPS | 4.10% |
| 5 | Lloyds Metals And Energy Limited INE281B01032 | 4.08% |
| 6 | Kotak Mahindra Bank Limited INE237A01036 | 3.81% |
| 7 | FSN E-Commerce Ventures Limited INE388Y01029 | 3.64% |
| 8 | Aurobindo Pharma Limited INE406A01037 | 3.35% |
| 9 | PB Fintech Limited INE417T01026 | 3.18% |
| 10 | ICICI Lombard General Insurance Company Limited INE765G01017 | 2.89% |
| 11 | Tata Consultancy Services Limited INE467B01029 | 2.71% |
| 12 | State Bank of India INE062A01020 | 2.65% |
| 13 | Petronet LNG Limited INE347G01014 | 2.51% |
| 14 | Dr. Reddy's Laboratories Limited INE089A01031 | 2.48% |
| 15 | Tips Music Limited INE716B01029 | 2.25% |
| 16 | Bank of Maharashtra INE457A01014 | 2.21% |
| 17 | Eris Lifesciences Limited INE406M01024 | 2.05% |
| 18 | Bharti Airtel Limited INE397D01024 | 2.03% |
| 19 | NTPC Limited INE733E01010 | 1.88% |
| 20 | ITC Limited INE154A01025 | 1.79% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Bank of India Large & Mid Cap Fund hold?
Bank of India Large & Mid Cap Fund holds 54 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 24.78% of NAV.
What is the largest holding in Bank of India Large & Mid Cap Fund?
The largest position in Bank of India Large & Mid Cap Fund is Reliance Industries Limited, accounting for 6.66% of NAV in the Petroleum Products sector.
Is Bank of India Large & Mid Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.394, Bank of India Large & Mid Cap Fund is well-diversified. The HHI concentration index is 26,530 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 24.78% of the portfolio.
What is the market cap allocation of Bank of India Large & Mid Cap Fund?
Based on SEBI's AMFI classification, Bank of India Large & Mid Cap Fund's equity portfolio is split as: Large Cap: 38.99%, Mid Cap: 36.61%, Small Cap: 13.56%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bank of India Large & Mid Cap Fund invest in most?
Bank of India Large & Mid Cap Fund has the highest allocation to Banks (15.92%), Pharmaceuticals & Biotechnology (10.63%), Petroleum Products (6.66%). The fund is invested across 31 sectors in total.
How actively managed is Bank of India Large & Mid Cap Fund compared to other Large & Mid Cap Fund funds?
Bank of India Large & Mid Cap Fund has an Active Share of 73.09%, classifying it as "Highly Differentiated" among 33 Large & Mid Cap Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Bank of India Large & Mid Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bank of India Large & Mid Cap Fund added 10 new stocks (including Bharti Airtel Limited) and exited 6 stocks (including Infosys Limited). Total holding count increased from 53 to 57 stocks.