Bank of India Multicap Fund
The fund is positioning for defensive stability with a pronounced tilt toward financials and pharmaceuticals, which together comprise nearly a quarter of the portfolio. The manager's conviction in quality large-caps remains evident through high concentration in HDFC Bank and Reliance, yet the month's moves signal a tactical shift—exiting tech names like Infosys and TechM while adding telecom, fast-moving consumer goods, and selective midcaps suggests a rotation toward cyclical recovery and valuation opportunities amid market volatility. The modest cash buffer and gold hedge indicate cautious optimism.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹18.7000 | +1.74% | +9.68% | +20.34% | — |
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 | 1.76% |
| Dixon Technologies (India) Limited | 1.70% |
| ITC Limited | 1.62% |
| CreditAccess Grameen Limited | 1.01% |
| Vedanta Aluminium Metal Limited ** | 1.48% |
| Malco Energy Limited ** | 0.32% |
| Vedanta Iron And Steel Limited ** | 0.07% |
| Talwandi Sabo Power Limited ** | 0.04% |
| TREPS | 1.48% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Limited INE040A01034 | 5.23% |
| 2 | Reliance Industries Limited INE002A01018 | 4.66% |
| 3 | Lloyds Metals And Energy Limited INE281B01032 | 3.86% |
| 4 | Larsen & Toubro Limited INE018A01030 | 3.60% |
| 5 | Aurobindo Pharma Limited INE406A01037 | 3.27% |
| 6 | Kotak Mahindra Bank Limited INE237A01036 | 3.12% |
| 7 | Tips Music Limited INE716B01029 | 2.99% |
| 8 | FSN E-Commerce Ventures Limited INE388Y01029 | 2.76% |
| 9 | Stylam Industries Limited INE239C01020 | 2.48% |
| 10 | Dr. Reddy's Laboratories Limited INE089A01031 | 2.40% |
| 11 | PB Fintech Limited INE417T01026 | 2.36% |
| 12 | Quality Power Electrical Eqp Ltd INE0SII01026 | 2.35% |
| 13 | State Bank of India INE062A01020 | 2.30% |
| 14 | Eris Lifesciences Limited INE406M01024 | 2.28% |
| 15 | Bank of Maharashtra INE457A01014 | 2.22% |
| 16 | Tata Consultancy Services Limited INE467B01029 | 2.20% |
| 17 | Aditya Vision Ltd INE679V01027 | 2.17% |
| 18 | Acutaas Chemicals Limited INE00FF01025 | 1.91% |
| 19 | NTPC Limited INE733E01010 | 1.80% |
| 20 | Petronet LNG Limited INE347G01014 | 1.79% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Bank of India Multicap Fund hold?
Bank of India Multicap Fund holds 62 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 20.62% of NAV.
What is the largest holding in Bank of India Multicap Fund?
The largest position in Bank of India Multicap Fund is HDFC Bank Limited, accounting for 5.23% of NAV in the Banks sector.
Is Bank of India Multicap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.357, Bank of India Multicap Fund is well-diversified. The HHI concentration index is 22,485 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 20.62% of the portfolio.
What is the market cap allocation of Bank of India Multicap Fund?
Based on SEBI's AMFI classification, Bank of India Multicap Fund's equity portfolio is split as: Large Cap: 34.27%, Mid Cap: 30.12%, Small Cap: 28.68%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bank of India Multicap Fund invest in most?
Bank of India Multicap Fund has the highest allocation to Banks (13.27%), Pharmaceuticals & Biotechnology (11.43%), Consumer Durables (6.20%). The fund is invested across 34 sectors in total.
How actively managed is Bank of India Multicap Fund compared to other Multi Cap Fund funds?
Bank of India Multicap Fund has an Active Share of 76.47%, classifying it as "Highly Differentiated" among 30 Multi Cap Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Bank of India Multicap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bank of India Multicap Fund added 9 new stocks (including Bharti Airtel Limited) and exited 4 stocks (including Infosys Limited). Total holding count increased from 59 to 64 stocks.