MonitorDirect · GrowthWatch before adding
BANK OF INDIA SMALL CAP FUND
Bank of India Mutual FundEquity Scheme - Small Cap Fund7.8 years
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity-related securities of small cap companies.
- NAV
- 63.26
- 29 Oct 2026
- 1Y
- +19.7%
- Trailing CAGR
- Upside capture
- +98%
- Vs NIFTY SMALLCAP 250 TRI
- Downside capture
- +64%
- Lower is better
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
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 84% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer Bajaj Finserv Small Cap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
7.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.81% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -32.4%. Ask whether you can hold through a similar fall.
Vs category
Pass
84% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Nav Bhardwaj · 1.3 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 ≈ 29.4% 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 32%. 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
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
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+19.7%
- 3Y+19.7%
- 5Y+19.0%
- 10Yn/a
- SI+26.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+31.3%
- 3Y+16.6%
- 5Y+20.3%
- 10Yn/a
- Since inception
- +26.5%
- Calendar-day CAGR
- Excess 1Y
- +14.9%
- Category median, same plan and option
- 3Y win rate
- +84%
- Windows beating the median
- 3Y percentile
- 88
- Vs comparable share classes
- SIP 3Y XIRR
- +16.6%
- Simulated monthly SIP
- Worst rolling 3Y
- +15.2%
- 1193 daily-ending windows
- Median rolling 3Y
- +29.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 700 daily-ending windows
Official benchmark
Date-aligned against NIFTY SMALLCAP 250 TRI. Capture ratios use common month-end observations through 30 Oct 2026.
- 1Y excess
- +21.0%
- Fund minus TRI
- 3Y excess
- +6.6%
- Fund minus TRI
- Upside capture
- +98%
- Benchmark-up months
- Downside capture
- +64%
- Lower is better
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -32.4%
- Worst peak-to-trough
- Current
- -7.1%
- Below last peak
- Current spell
- 23 days
- Days below latest peak
- Time below peak
- +82%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 15 days
- 113 recovered episodes
- Longest recovery
- 431 days
- Trough to prior peak
20 Feb 2020 – 7 Aug 2020
Trough 23 Mar 2020 · recovered in 137 days
-32.4%
11 Dec 2024 – 8 May 2026
Trough 3 Mar 2025 · recovered in 431 days
-27.1%
17 Jan 2022 – 17 May 2023
Trough 20 Jun 2022 · recovered in 331 days
-22.7%
4 Jun 2019 – 9 Jan 2020
Trough 5 Aug 2019 · recovered in 157 days
-13.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
88
Vs category
100
Consistency
78
Risk-adjusted
80
Drawdown
19
Mean
73
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- The fund beat the category median in 84% 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 · 101 holdings · top 10 are 29.4%.
- Top 5
- 18.0%
- Top 10
- 29.4%
- Largest holding
- 7.2%
- Effective holdings
- 55.1
Repo
Unspecified
7.2%
HERO MOTORS LIMITED EQ NEW FV RS.10/-
Consumer Discretionary
2.8%
City Union Bank Ltd
Financial
2.7%
Sky Gold Ltd
Consumer Discretionary
2.7%
Sterlite Technologies Ltd
Technology
2.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Bajaj Finserv Small Cap Fund
Bajaj Finserv Mutual Fund
- 1Y
- +9.5%
- 3Y
- n/a
- Vol
- 16.2%
- Max DD
- -16.2%
- Sharpe
- 0.10
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
BANDHAN Small Cap Fund
Bandhan Mutual Fund
- 1Y
- +2.5%
- 3Y
- +22.6%
- Vol
- 17.2%
- Max DD
- -24.3%
- Sharpe
- 1.24
- 3Y win
- +76%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
TRUSTMF SMALL CAP FUND
Trust Mutual Fund
- 1Y
- +21.2%
- 3Y
- n/a
- Vol
- 18.6%
- Max DD
- -24.0%
- Sharpe
- 0.59
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
Nippon India Small Cap Fund
Nippon India Mutual Fund
- 1Y
- +1.3%
- 3Y
- +13.7%
- Vol
- 17.3%
- Max DD
- -48.6%
- Sharpe
- 0.98
- 3Y win
- +97%
- Lower volatility
- Higher win rate vs category
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns
LIC MF Small Cap Fund
LIC Mutual Fund
- 1Y
- +8.9%
- 3Y
- +16.6%
- Vol
- 19.0%
- Max DD
- -27.0%
- Sharpe
- 0.60
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns