What stocks does Bank of India Business Cycle Fund hold?

Bank of India Business Cycle Fund holds a portfolio of Indian equity stocks disclosed monthly by Bank of India Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Bank of India Business Cycle Fund?

Bank of India Business Cycle Fund is managed by Bank of India Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Bank of India Business Cycle Fund?

Bank of India Business Cycle Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is Bank of India Business Cycle Fund portfolio data updated?

Portfolio holdings for Bank of India Business Cycle Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Bank of India Mutual Fund

Bank of India Business Cycle Fund - Direct Plan - Growth

Equity Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹440.31 Cr

Equity only, excl. debt & cash

Top 5 Weight

20.8%

Diversified

Top 10 Weight

35.8%

Diversified

Changes

0 new · 2 exits

Top Sector

Banks

13.1% of portfolio

📋 What Happened This Month Bank of India Business Cycle Fund exited 2 stocks from its portfolio this month. SBI Cards and Payment Services Limited was the biggest exit (Finance), which was held at 1.27%. Among existing holdings, Apollo Hospitals Enterprise Limited saw the biggest increase — now at 3.22% of the portfolio. Quality Power Electrical Eqp Ltd was trimmed the most, now at 2.46%. NTPC Limited remains the top holding with Banks the dominant sector at 13.1%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Bank of India Business Cycle Fund - Direct Plan - Growth

+2.24%

+14.46%

+4.81%

+3.12%

Latest NAV

₹9.58

24 Jun 2026

52W High

₹10.03

-4% from High

52W Low

₹7.83

+22% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

-7.4%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

-1.5%

+ve in 43% windows

15.0% / -13.5%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-25.2%

Rec: not yet

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

NAV Chart ₹9.58 24 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

Bank of India Business Cycle Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹9.58

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	14.4%	13.5%	▼ -0.9%
Consumer Durables	10.7%	11.3%	▲ +0.7%
Power	10.6%	10.8%	▲ +0.2%
Electrical Equipment	5.5%	8.9%	▲ +3.5%
Capital Markets	5.3%	5.6%	▲ +0.4%
Pharmaceuticals & Biotechnology	4.1%	4.0%	▼ -0.1%
Industrial Products	3.0%	3.9%	▲ +0.9%
Telecom - Services	4.1%	3.8%	▼ -0.3%
Food Products	2.9%	2.7%	▼ -0.2%
Petroleum Products	2.8%	2.6%	▼ -0.2%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	13.5%	13.1%	▼ -0.3%
Consumer Durables	11.3%	11.0%	▼ -0.4%
Power	10.8%	10.3%	▼ -0.5%
Electrical Equipment	8.9%	7.9%	▼ -1.0%
Capital Markets	5.6%	6.6%	▲ +0.9%
Pharmaceuticals & Biotechnology	4.0%	4.1%	● +0.1%
Industrial Products	3.9%	3.9%	● -0.1%
Telecom - Services	3.8%	3.8%	● 0.0%
Healthcare Services	2.3%	3.2%	▲ +0.9%
Auto Components	2.5%	2.8%	▲ +0.3%

🔴

Biggest Exit

SBI Cards and Payment Services Limited

1.27% was held · Finance

↑

Biggest Add

Apollo Hospitals Enterprise Limited

+0.93% · now 3.22%

↓

Biggest Trim

Quality Power Electrical Eqp Ltd

-1.68% · now 2.46%

👋 Other funds also exited

SBI Cards and Payment Services Limited 16 funds

Safari Industries India Ltd 4 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🔴 2 Exits ↑ 29 Increased ↓ 24 Decreased

#	Stock	Sector	Last Weight (Apr 2026)
1	SBI Cards and Payment Services Limited ₹5.92 Cr	Finance	1.27%
2	Safari Industries India Ltd ₹14.13 L	Consumer Durables	0.03%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Apollo Hospitals Enterprise Limited ₹14.72 Cr	Healthcare Services	2.29%	3.22%	+0.93%
2	Computer Age Management Services Limited ₹11.87 Cr	Capital Markets	2.00%	2.59%	+0.59%
3	Vedanta Limited ₹8.46 Cr	Diversified Metals	1.40%	1.85%	+0.45%
4	S.J.S. Enterprises Limited ₹10.46 Cr	Auto Components	1.93%	2.29%	+0.36%
5	Siemens Energy India Limited ₹9.10 Cr	Electrical Equipment	1.65%	1.99%	+0.34%
6	Mahindra & Mahindra Limited ₹7.31 Cr	Automobiles	1.33%	1.60%	+0.27%
7	TD Power Systems Limited ₹8.13 Cr	Electrical Equipment	1.52%	1.78%	+0.26%
8	Asian Paints Limited ₹8.39 Cr	Consumer Durables	1.64%	1.83%	+0.19%
9	Nuvama Wealth Management Limited ₹5.13 Cr	Capital Markets	0.94%	1.12%	+0.18%
10	Gufic Biosciences Ltd. ₹4.89 Cr	Pharmaceuticals & Biotechnology	0.89%	1.07%	+0.18%
11	Nippon Life India Asset Management Limited ₹7.48 Cr	Capital Markets	1.47%	1.64%	+0.17%
12	Tinna Rubber And Infrastructure Ltd. ₹7.10 Cr	Industrial Products	1.40%	1.55%	+0.15%
13	PB Fintech Limited ₹8.68 Cr	Financial Technology (Fintech)	1.82%	1.90%	+0.08%
14	Aequs Limited ₹7.73 Cr	Aerospace & Defense	1.62%	1.69%	+0.07%
15	K.P.R. Mill Limited ₹5.90 Cr	Textiles & Apparels	1.22%	1.29%	+0.07%
16	Bajaj Auto Limited ₹5.02 Cr	Automobiles	1.03%	1.10%	+0.07%
17	ICICI Bank Limited ₹19.35 Cr	Banks	4.17%	4.23%	+0.06%
18	Ambuja Cements Limited ₹9.18 Cr	Cement & Cement Products	1.95%	2.01%	+0.06%
19	Siemens Limited ₹7.69 Cr	Electrical Equipment	1.63%	1.68%	+0.05%
20	Eternal Limited ₹5.89 Cr	Retailing	1.24%	1.29%	+0.05%
21	JSW Steel Limited ₹5.24 Cr	Ferrous Metals	1.11%	1.15%	+0.04%
22	Dixon Technologies (India) Limited ₹3.69 Cr	Consumer Durables	0.77%	0.81%	+0.04%
23	Vedanta Aluminium Metal Limited ₹9.00 Cr	Metals & Minerals Trading	1.93%	1.97%	+0.04%
24	Vishal Mega Mart Limited ₹4.38 Cr	Retailing	0.94%	0.96%	+0.02%
25	Kotak Mahindra Bank Limited ₹4.03 Cr	Banks	0.86%	0.88%	+0.02%
26	ETHOS LIMITED ₹4.70 Cr	Consumer Durables	1.02%	1.03%	+0.01%
27	SBI Life Insurance Company Limited ₹2.20 Cr	Insurance	0.47%	0.48%	+0.01%
28	V2 Retail Ltd ₹46.01 L	Healthcare	0.09%	0.10%	+0.01%
29	Arvind Fashions Limited ₹30.17 L	Retailing	0.06%	0.07%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Quality Power Electrical Eqp Ltd ₹11.26 Cr	Electrical Equipment	4.14%	2.46%	-1.68%
2	Unicommerce Esolutions Limited ₹1.52 Cr	IT - Software	0.95%	0.33%	-0.62%
3	SKY GOLD AND DIAMONDS LIMITED ₹14.80 Cr	Consumer Durables	3.71%	3.23%	-0.48%
4	Tata Motors Ltd ₹8.92 Cr	Agricultural, Commercial & Construction Vehicles	2.42%	1.95%	-0.47%
5	State Bank of India ₹18.81 Cr	Banks	4.47%	4.11%	-0.36%
6	Power Grid Corporation of India Limited ₹13.74 Cr	Power	3.23%	3.00%	-0.23%
7	Britannia Industries Limited ₹11.45 Cr	Food Products	2.70%	2.50%	-0.20%
8	Reliance Industries Limited ₹11.10 Cr	Petroleum Products	2.58%	2.43%	-0.15%
9	Torrent Power Limited ₹3.55 Cr	Power	0.93%	0.78%	-0.15%
10	Ganesha Ecosphere Limited ₹5.45 Cr	Textiles & Apparels	1.33%	1.19%	-0.14%
11	Zaggle Prepaid Ocean Services Ltd. ₹5.13 Cr	IT - Services	1.26%	1.12%	-0.14%
12	Shakti Pumps (India) Ltd ₹2.62 Cr	Industrial Products	0.71%	0.57%	-0.14%
13	ITC Limited ₹7.17 Cr	Diversified FMCG	1.69%	1.57%	-0.12%
14	Glenmark Pharmaceuticals Limited ₹13.65 Cr	Pharmaceuticals & Biotechnology	3.09%	2.98%	-0.11%
15	LG Electronics India Ltd ₹11.73 Cr	Consumer Durables	2.63%	2.56%	-0.07%
16	Vidya Wires Ltd. ₹7.90 Cr	Industrial Products	1.80%	1.73%	-0.07%
17	HDFC Bank Limited ₹17.87 Cr	Banks	3.97%	3.91%	-0.06%
18	NTPC Limited ₹21.82 Cr	Power	4.82%	4.77%	-0.05%
19	Bharti Airtel Limited ₹17.19 Cr	Telecom - Services	3.80%	3.76%	-0.04%
20	Tata Power Company Limited ₹5.89 Cr	Power	1.33%	1.29%	-0.04%
21	Prudent Corporate Advisory Services Limited ₹5.48 Cr	Capital Markets	1.22%	1.20%	-0.02%
22	MRF Limited ₹2.47 Cr	Auto Components	0.56%	0.54%	-0.02%
23	Century Plyboards (India) Limited ₹6.98 Cr	Consumer Durables	1.54%	1.53%	-0.01%
24	Oil India Limited ₹4.71 Cr	Oil	1.04%	1.03%	-0.01%

What Stocks Does This Fund Hold?

56 stocks — May 2026

#	Stock	Sector	Weight & Value
1	NTPC Limited ₹21.82 Cr	Power	4.77%
2	ICICI Bank Limited ₹19.35 Cr	Banks	4.23%
3	State Bank of India ₹18.81 Cr	Banks	4.11%
4	HDFC Bank Limited ₹17.87 Cr	Banks	3.91%
5	Bharti Airtel Limited ₹17.19 Cr	Telecom - Services	3.76%
6	SKY GOLD AND DIAMONDS LIMITED ₹14.80 Cr	Consumer Durables	3.23%
7	Apollo Hospitals Enterprise Limited ₹14.72 Cr	Healthcare Services	3.22%
8	Power Grid Corporation of India Limited ₹13.74 Cr	Power	3.00%
9	Glenmark Pharmaceuticals Limited ₹13.65 Cr	Pharmaceuticals & Biotechnology	2.98%
10	Computer Age Management Services Limited ₹11.87 Cr	Capital Markets	2.59%
11	LG Electronics India Ltd ₹11.73 Cr	Consumer Durables	2.56%
12	Britannia Industries Limited ₹11.45 Cr	Food Products	2.50%
13	Quality Power Electrical Eqp Ltd ₹11.26 Cr	Electrical Equipment	2.46%
14	Reliance Industries Limited ₹11.10 Cr	Petroleum Products	2.43%
15	S.J.S. Enterprises Limited ₹10.46 Cr	Auto Components	2.29%
16	Ambuja Cements Limited ₹9.18 Cr	Cement & Cement Products	2.01%
17	Siemens Energy India Limited ₹9.10 Cr	Electrical Equipment	1.99%
18	Vedanta Aluminium Metal Limited ₹9.00 Cr	Metals & Minerals Trading	1.97%
19	Tata Motors Ltd ₹8.92 Cr	Agricultural, Commercial & Construction Vehicles	1.95%
20	PB Fintech Limited ₹8.68 Cr	Financial Technology (Fintech)	1.90%
21	Vedanta Limited ₹8.46 Cr	Diversified Metals	1.85%
22	Asian Paints Limited ₹8.39 Cr	Consumer Durables	1.83%
23	TD Power Systems Limited ₹8.13 Cr	Electrical Equipment	1.78%
24	Vidya Wires Ltd. ₹7.90 Cr	Industrial Products	1.73%
25	Aequs Limited ₹7.73 Cr	Aerospace & Defense	1.69%
26	Siemens Limited ₹7.69 Cr	Electrical Equipment	1.68%
27	Nippon Life India Asset Management Limited ₹7.48 Cr	Capital Markets	1.64%
28	Mahindra & Mahindra Limited ₹7.31 Cr	Automobiles	1.60%
29	ITC Limited ₹7.17 Cr	Diversified FMCG	1.57%
30	Tinna Rubber And Infrastructure Ltd. ₹7.10 Cr	Industrial Products	1.55%
31	Century Plyboards (India) Limited ₹6.98 Cr	Consumer Durables	1.53%
32	Tata Power Company Limited ₹5.89 Cr	Power	1.29%
33	Eternal Limited ₹5.89 Cr	Retailing	1.29%
34	K.P.R. Mill Limited ₹5.90 Cr	Textiles & Apparels	1.29%
35	Prudent Corporate Advisory Services Limited ₹5.48 Cr	Capital Markets	1.20%
36	Ganesha Ecosphere Limited ₹5.45 Cr	Textiles & Apparels	1.19%
37	JSW Steel Limited ₹5.24 Cr	Ferrous Metals	1.15%
38	Zaggle Prepaid Ocean Services Ltd. ₹5.13 Cr	IT - Services	1.12%
39	Nuvama Wealth Management Limited ₹5.13 Cr	Capital Markets	1.12%
40	Bajaj Auto Limited ₹5.02 Cr	Automobiles	1.10%
41	Gufic Biosciences Ltd. ₹4.89 Cr	Pharmaceuticals & Biotechnology	1.07%
42	Oil India Limited ₹4.71 Cr	Oil	1.03%
43	ETHOS LIMITED ₹4.70 Cr	Consumer Durables	1.03%
44	Vishal Mega Mart Limited ₹4.38 Cr	Retailing	0.96%
45	Kotak Mahindra Bank Limited ₹4.03 Cr	Banks	0.88%
46	Dixon Technologies (India) Limited ₹3.69 Cr	Consumer Durables	0.81%
47	Torrent Power Limited ₹3.55 Cr	Power	0.78%
48	Shakti Pumps (India) Ltd ₹2.62 Cr	Industrial Products	0.57%
49	MRF Limited ₹2.47 Cr	Auto Components	0.54%
50	SBI Life Insurance Company Limited ₹2.20 Cr	Insurance	0.48%
51	Malco Energy Limited ₹1.94 Cr	Power	0.42%
52	Unicommerce Esolutions Limited ₹1.52 Cr	IT - Software	0.33%
53	V2 Retail Ltd ₹46.01 L	Healthcare	0.10%
54	Vedanta Iron And Steel Limited ₹41.52 L	Metals & Minerals Trading	0.09%
55	Arvind Fashions Limited ₹30.17 L	Retailing	0.07%
56	Talwandi Sabo Power Limited ₹25.68 L	Power	0.06%