ReviewDirect · GrowthPrefer peers first
BANK OF INDIA MANUFACTURING & INFRASTRUCTURE FUND
Bank of India Mutual FundEquity Scheme - Sectoral/ Thematic13.8 years
The scheme seeks long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in manufacturing and infrastructure and related sectors.
- NAV
- 76.47
- 29 Oct 2026
- 1Y
- +10.0%
- Trailing CAGR
- AUM
- ₹983.51 Cr
- 30 Sept 2026
- Volatility
- High
- 17.2% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Maximum drawdown exceeded 35%.
Prefer peers if · Prefer Kotak Business Cycle Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
0.97% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -43.5%. Ask whether you can hold through a similar fall.
Vs category
Pass
74% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Nitin Gosar · 4.1 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 46.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 44%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+10.0%
- 3Y+21.4%
- 5Y+19.8%
- 10Y+18.9%
- SI+17.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+10.5%
- 3Y+13.0%
- 5Y+19.9%
- 10Y+21.0%
- Since inception
- +17.2%
- Calendar-day CAGR
- Excess 1Y
- +12.5%
- Category median, same plan and option
- 3Y win rate
- +74%
- Windows beating the median
- 3Y percentile
- 90
- Vs comparable share classes
- SIP 3Y XIRR
- +13.0%
- Simulated monthly SIP
- Worst rolling 3Y
- -5.8%
- 2652 daily-ending windows
- Median rolling 3Y
- +20.8%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2159 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -43.5%
- Worst peak-to-trough
- Current
- -5.1%
- Below last peak
- Current spell
- 72 days
- Days below latest peak
- Time below peak
- +88%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 15 days
- 139 recovered episodes
- Longest recovery
- 282 days
- Trough to prior peak
15 Jan 2018 – 30 Dec 2020
Trough 23 Mar 2020 · recovered in 282 days
-43.5%
4 Jan 2013 – 2 Apr 2014
Trough 28 Aug 2013 · recovered in 217 days
-27.6%
27 Sept 2024 – 3 Nov 2025
Trough 3 Mar 2025 · recovered in 245 days
-24.2%
6 Aug 2015 – 29 Jul 2016
Trough 29 Feb 2016 · recovered in 151 days
-23.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
90
Vs category
100
Consistency
73
Risk-adjusted
59
Drawdown
0
Mean
64
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 74% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 60 holdings · top 10 are 46.0%.
- Top 5
- 30.7%
- Top 10
- 46.0%
- Largest holding
- 10.3%
- Effective holdings
- 29.8
Repo
Unspecified
10.3%
Reliance Industries Ltd
Energy & Utilities
7.1%
NTPC Ltd
Energy & Utilities
5.0%
Larsen & Toubro Ltd
Industrials
4.9%
ITC Ltd
Consumer Staples
3.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Kotak Business Cycle Fund
Kotak Mahindra Mutual Fund
- 1Y
- +0.3%
- 3Y
- +16.1%
- Vol
- 12.7%
- Max DD
- -18.4%
- Sharpe
- 0.72
- 3Y win
- +98%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Nippon India Innovation Fund
Nippon India Mutual Fund
- 1Y
- -5.1%
- 3Y
- +13.1%
- Vol
- 14.3%
- Max DD
- -21.5%
- Sharpe
- 0.47
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Baroda BNP Paribas Innovation Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +5.8%
- 3Y
- n/a
- Vol
- 15.9%
- Max DD
- -22.3%
- Sharpe
- 0.47
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Motilal Oswal Active Momentum Fund
Motilal Oswal Mutual Fund
- 1Y
- +15.9%
- 3Y
- n/a
- Vol
- 17.2%
- Max DD
- -16.6%
- Sharpe
- 1.01
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
ICICI Prudential Commodities Fund
ICICI Prudential Mutual Fund
- 1Y
- -2.4%
- 3Y
- +14.9%
- Vol
- 23.0%
- Max DD
- -41.2%
- Sharpe
- 0.84
- 3Y win
- +90%
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns