Funds/Multi Cap Fund/Bank of India Multicap Fund

Bank of India Multicap Fund

Bank of India Mutual Fund·Multi Cap Fund·vs Nifty 500 Multicap 50:25:25 TRI

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	3M	6M	1Y	3Y CAGR	5Y CAGR
Regular Growth	₹18.5800	+3.74%	+1.86%	+1.25%	+9.81%	+20.27%	—

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

20.62%

Top 10 Weight

34.37%

Active Share

—

Large Cap

34.27%

Gini

0.357

What Changed2026-03-31 → 2026-04-30

Holdings: 59 → 64+9 added−4 removed36 weight shifts ≥ 0.1%

Stock	Sector	Weight
Bharti Airtel Limited	Telecom - Services	1.76%
Dixon Technologies (India) Limited	Consumer Durables	1.70%
ITC Limited	Diversified FMCG	1.62%
CreditAccess Grameen Limited	Finance	1.01%
Vedanta Aluminium Metal Limited **	Diversified Metals	1.48%
Malco Energy Limited **	Oil	0.32%
Vedanta Iron And Steel Limited **	Diversified Metals	0.07%
Talwandi Sabo Power Limited **	Power	0.04%
TREPS		1.48%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	HDFC Bank Limited INE040A01034	Banks	EQUITY	5.23%
2	Reliance Industries Limited INE002A01018	Petroleum Products	EQUITY	4.66%
3	Lloyds Metals And Energy Limited INE281B01032	Minerals & Mining	EQUITY	3.86%
4	Larsen & Toubro Limited INE018A01030	Construction	EQUITY	3.60%
5	Aurobindo Pharma Limited INE406A01037	Pharmaceuticals & Biotechnology	EQUITY	3.27%
6	Kotak Mahindra Bank Limited INE237A01036	Banks	EQUITY	3.12%
7	Tips Music Limited INE716B01029	Entertainment	EQUITY	2.99%
8	FSN E-Commerce Ventures Limited INE388Y01029	Retailing	EQUITY	2.76%
9	Stylam Industries Limited INE239C01020	Consumer Durables	EQUITY	2.48%
10	Dr. Reddy's Laboratories Limited INE089A01031	Pharmaceuticals & Biotechnology	EQUITY	2.40%
11	PB Fintech Limited INE417T01026	Financial Technology (Fintech)	EQUITY	2.36%
12	Quality Power Electrical Eqp Ltd INE0SII01026	Electrical Equipment	EQUITY	2.35%
13	State Bank of India INE062A01020	Banks	EQUITY	2.30%
14	Eris Lifesciences Limited INE406M01024	Pharmaceuticals & Biotechnology	EQUITY	2.28%
15	Bank of Maharashtra INE457A01014	Banks	EQUITY	2.22%
16	Tata Consultancy Services Limited INE467B01029	IT - Software	EQUITY	2.20%
17	Aditya Vision Ltd INE679V01027	Retailing	EQUITY	2.17%
18	Acutaas Chemicals Limited INE00FF01025	Pharmaceuticals & Biotechnology	EQUITY	1.91%
19	NTPC Limited INE733E01010	Power	EQUITY	1.80%
20	Petronet LNG Limited INE347G01014	Gas	EQUITY	1.79%

Sector Allocation

Banks13.3%

Pharmaceuticals & Biotechnology11.4%

Consumer Durables6.2%

Construction6.1%

Retailing4.9%

Petroleum Products4.7%

Minerals & Mining3.9%

Finance3.6%

Entertainment3.0%

Ferrous Metals2.8%

Top 10 sectors by % to NAV. Excludes derivatives.