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 Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹458.08 Cr

Equity only, excl. debt & cash

Top 5 Weight

21.6%

Diversified

Top 10 Weight

38.1%

Diversified

Changes

4 new · 0 exits

Top Sector

Banks

13.5% of portfolio

📋 What Happened This Month Bank of India Business Cycle Fund added 4 new stocks to its portfolio this month. The biggest new buy was Vedanta Aluminium Metal Limited (Metals & Minerals Trading) at 1.93% weight. Among existing holdings, Quality Power Electrical Eqp Ltd saw the biggest increase — now at 4.14% of the portfolio. Vedanta Limited was trimmed the most, now at 1.40%. NTPC Limited remains the top holding with Banks the dominant sector at 13.5%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

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

-2.43%

+6.33%

+0.76%

+0.33%

Latest NAV

₹9.24

04 Jun 2026

52W High

₹10.47

-12% from High

52W Low

₹7.83

+18% 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

-1.7%

+ve in 42% 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 ₹9.24 04 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: ₹9.24

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	14.9%	14.4%	▼ -0.6%
Consumer Durables	9.7%	10.7%	▲ +1.0%
Power	10.7%	10.6%	● -0.1%
Electrical Equipment	4.9%	5.5%	▲ +0.6%
Capital Markets	4.5%	5.3%	▲ +0.8%
Pharmaceuticals & Biotechnology	3.6%	4.1%	▲ +0.5%
Telecom - Services	3.8%	4.1%	▲ +0.3%
Diversified Metals	0.0%	3.4%	▲ +3.4%
Industrial Products	3.1%	3.0%	▼ -0.1%
Food Products	3.4%	2.9%	▼ -0.5%

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%

🟢

Biggest New Buy

Vedanta Aluminium Metal Limited

1.93% weight · Metals & Minerals Trading

↑

Biggest Add

Quality Power Electrical Eqp Ltd

+1.39% · now 4.14%

↓

Biggest Trim

Vedanta Limited

-2.03% · now 1.40%

🤝 Other funds also bought this month

Talwandi Sabo Power Limited 183 funds

Vedanta Aluminium Metal Limited 183 funds

Vedanta Iron And Steel Limited 183 funds

Malco Energy Limited 176 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 4 New Entries ↑ 23 Increased ↓ 25 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Vedanta Aluminium Metal Limited ₹9.00 Cr	Metals & Minerals Trading	1.93%
2	Malco Energy Limited ₹1.94 Cr	Power	0.42%
3	Vedanta Iron And Steel Limited ₹41.52 L	Metals & Minerals Trading	0.09%
4	Talwandi Sabo Power Limited ₹25.68 L	Power	0.06%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Quality Power Electrical Eqp Ltd ₹19.32 Cr	Electrical Equipment	2.75%	4.14%	+1.39%
2	Siemens Limited ₹7.62 Cr	Electrical Equipment	0.71%	1.63%	+0.92%
3	Siemens Energy India Limited ₹7.71 Cr	Electrical Equipment	0.75%	1.65%	+0.90%
4	SKY GOLD AND DIAMONDS LIMITED ₹17.30 Cr	Consumer Durables	2.96%	3.71%	+0.75%
5	Vidya Wires Ltd. ₹8.39 Cr	Industrial Products	1.17%	1.80%	+0.63%
6	Aequs Limited ₹7.58 Cr	Aerospace & Defense	1.19%	1.62%	+0.43%
7	TD Power Systems Limited ₹7.11 Cr	Electrical Equipment	1.28%	1.52%	+0.24%
8	Tinna Rubber And Infrastructure Ltd. ₹6.55 Cr	Industrial Products	1.19%	1.40%	+0.21%
9	Prudent Corporate Advisory Services Limited ₹5.69 Cr	Capital Markets	1.07%	1.22%	+0.15%
10	Nippon Life India Asset Management Limited ₹6.87 Cr	Capital Markets	1.33%	1.47%	+0.14%
11	Mahindra & Mahindra Limited ₹6.20 Cr	Automobiles	1.19%	1.33%	+0.14%
12	Zaggle Prepaid Ocean Services Ltd. ₹5.89 Cr	IT - Services	1.12%	1.26%	+0.14%
13	Torrent Power Limited ₹4.34 Cr	Power	0.80%	0.93%	+0.13%
14	Ganesha Ecosphere Limited ₹6.19 Cr	Textiles & Apparels	1.22%	1.33%	+0.11%
15	Computer Age Management Services Limited ₹9.33 Cr	Capital Markets	1.93%	2.00%	+0.07%
16	Eternal Limited ₹5.81 Cr	Retailing	1.18%	1.24%	+0.06%
17	S.J.S. Enterprises Limited ₹8.99 Cr	Auto Components	1.88%	1.93%	+0.05%
18	PB Fintech Limited ₹8.50 Cr	Financial Technology (Fintech)	1.77%	1.82%	+0.05%
19	Shakti Pumps (India) Ltd ₹3.33 Cr	Industrial Products	0.66%	0.71%	+0.05%
20	Tata Power Company Limited ₹6.22 Cr	Power	1.29%	1.33%	+0.04%
21	Vishal Mega Mart Limited ₹4.40 Cr	Retailing	0.92%	0.94%	+0.02%
22	Dixon Technologies (India) Limited ₹3.57 Cr	Consumer Durables	0.75%	0.77%	+0.02%
23	Nuvama Wealth Management Limited ₹4.38 Cr	Capital Markets	0.93%	0.94%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Vedanta Limited ₹6.52 Cr	Diversified Metals	3.43%	1.40%	-2.03%
2	ITC Limited ₹7.87 Cr	Diversified FMCG	2.59%	1.69%	-0.90%
3	SBI Cards and Payment Services Limited ₹5.92 Cr	Finance	1.70%	1.27%	-0.43%
4	ICICI Bank Limited ₹19.46 Cr	Banks	4.52%	4.17%	-0.35%
5	HDFC Bank Limited ₹18.52 Cr	Banks	4.28%	3.97%	-0.31%
6	Bharti Airtel Limited ₹17.74 Cr	Telecom - Services	4.08%	3.80%	-0.28%
7	NTPC Limited ₹22.51 Cr	Power	5.09%	4.82%	-0.27%
8	Apollo Hospitals Enterprise Limited ₹10.69 Cr	Healthcare Services	2.53%	2.29%	-0.24%
9	Tata Motors Ltd ₹11.27 Cr	Agricultural, Commercial & Construction Vehicles	2.64%	2.42%	-0.22%
10	Britannia Industries Limited ₹12.60 Cr	Food Products	2.91%	2.70%	-0.21%
11	State Bank of India ₹20.83 Cr	Banks	4.65%	4.47%	-0.18%
12	Power Grid Corporation of India Limited ₹15.06 Cr	Power	3.41%	3.23%	-0.18%
13	Reliance Industries Limited ₹12.02 Cr	Petroleum Products	2.75%	2.58%	-0.17%
14	Oil India Limited ₹4.86 Cr	Oil	1.15%	1.04%	-0.11%
15	Gufic Biosciences Ltd. ₹4.17 Cr	Pharmaceuticals & Biotechnology	0.98%	0.89%	-0.09%
16	LG Electronics India Ltd ₹12.27 Cr	Consumer Durables	2.70%	2.63%	-0.07%
17	MRF Limited ₹2.59 Cr	Auto Components	0.63%	0.56%	-0.07%
18	Ambuja Cements Limited ₹9.11 Cr	Cement & Cement Products	2.00%	1.95%	-0.05%
19	SBI Life Insurance Company Limited ₹2.18 Cr	Insurance	0.52%	0.47%	-0.05%
20	Kotak Mahindra Bank Limited ₹4.02 Cr	Banks	0.90%	0.86%	-0.04%
21	Glenmark Pharmaceuticals Limited ₹14.44 Cr	Pharmaceuticals & Biotechnology	3.12%	3.09%	-0.03%
22	ETHOS LIMITED ₹4.74 Cr	Consumer Durables	1.05%	1.02%	-0.03%
23	Asian Paints Limited ₹7.68 Cr	Consumer Durables	1.66%	1.64%	-0.02%
24	K.P.R. Mill Limited ₹5.71 Cr	Textiles & Apparels	1.23%	1.22%	-0.01%
25	JSW Steel Limited ₹5.18 Cr	Ferrous Metals	1.12%	1.11%	-0.01%

Full Portfolio

58 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	NTPC Limited ₹22.51 Cr	Power	4.82%
2	State Bank of India ₹20.83 Cr	Banks	4.47%
3	ICICI Bank Limited ₹19.46 Cr	Banks	4.17%
4	Quality Power Electrical Eqp Ltd ₹19.32 Cr	Electrical Equipment	4.14%
5	HDFC Bank Limited ₹18.52 Cr	Banks	3.97%
6	Bharti Airtel Limited ₹17.74 Cr	Telecom - Services	3.80%
7	SKY GOLD AND DIAMONDS LIMITED ₹17.30 Cr	Consumer Durables	3.71%
8	Power Grid Corporation of India Limited ₹15.06 Cr	Power	3.23%
9	Glenmark Pharmaceuticals Limited ₹14.44 Cr	Pharmaceuticals & Biotechnology	3.09%
10	Britannia Industries Limited ₹12.60 Cr	Food Products	2.70%
11	LG Electronics India Ltd ₹12.27 Cr	Consumer Durables	2.63%
12	Reliance Industries Limited ₹12.02 Cr	Petroleum Products	2.58%
13	Tata Motors Ltd ₹11.27 Cr	Agricultural, Commercial & Construction Vehicles	2.42%
14	Apollo Hospitals Enterprise Limited ₹10.69 Cr	Healthcare Services	2.29%
15	Computer Age Management Services Limited ₹9.33 Cr	Capital Markets	2.00%
16	Ambuja Cements Limited ₹9.11 Cr	Cement & Cement Products	1.95%
17	S.J.S. Enterprises Limited ₹8.99 Cr	Auto Components	1.93%
18	Vedanta Aluminium Metal Limited ₹9.00 Cr	Metals & Minerals Trading	1.93%
19	PB Fintech Limited ₹8.50 Cr	Financial Technology (Fintech)	1.82%
20	Vidya Wires Ltd. ₹8.39 Cr	Industrial Products	1.80%
21	ITC Limited ₹7.87 Cr	Diversified FMCG	1.69%
22	Siemens Energy India Limited ₹7.71 Cr	Electrical Equipment	1.65%
23	Asian Paints Limited ₹7.68 Cr	Consumer Durables	1.64%
24	Siemens Limited ₹7.62 Cr	Electrical Equipment	1.63%
25	Aequs Limited ₹7.58 Cr	Aerospace & Defense	1.62%
26	Century Plyboards (India) Limited ₹7.20 Cr	Consumer Durables	1.54%
27	TD Power Systems Limited ₹7.11 Cr	Electrical Equipment	1.52%
28	Nippon Life India Asset Management Limited ₹6.87 Cr	Capital Markets	1.47%
29	Tinna Rubber And Infrastructure Ltd. ₹6.55 Cr	Industrial Products	1.40%
30	Vedanta Limited ₹6.52 Cr	Diversified Metals	1.40%
31	Tata Power Company Limited ₹6.22 Cr	Power	1.33%
32	Ganesha Ecosphere Limited ₹6.19 Cr	Textiles & Apparels	1.33%
33	Mahindra & Mahindra Limited ₹6.20 Cr	Automobiles	1.33%
34	SBI Cards and Payment Services Limited ₹5.92 Cr	Finance	1.27%
35	Zaggle Prepaid Ocean Services Ltd. ₹5.89 Cr	IT - Services	1.26%
36	Eternal Limited ₹5.81 Cr	Retailing	1.24%
37	K.P.R. Mill Limited ₹5.71 Cr	Textiles & Apparels	1.22%
38	Prudent Corporate Advisory Services Limited ₹5.69 Cr	Capital Markets	1.22%
39	JSW Steel Limited ₹5.18 Cr	Ferrous Metals	1.11%
40	Oil India Limited ₹4.86 Cr	Oil	1.04%
41	Bajaj Auto Limited ₹4.80 Cr	Automobiles	1.03%
42	ETHOS LIMITED ₹4.74 Cr	Consumer Durables	1.02%
43	Unicommerce Esolutions Limited ₹4.41 Cr	IT - Software	0.95%
44	Vishal Mega Mart Limited ₹4.40 Cr	Retailing	0.94%
45	Nuvama Wealth Management Limited ₹4.38 Cr	Capital Markets	0.94%
46	Torrent Power Limited ₹4.34 Cr	Power	0.93%
47	Gufic Biosciences Ltd. ₹4.17 Cr	Pharmaceuticals & Biotechnology	0.89%
48	Kotak Mahindra Bank Limited ₹4.02 Cr	Banks	0.86%
49	Dixon Technologies (India) Limited ₹3.57 Cr	Consumer Durables	0.77%
50	Shakti Pumps (India) Ltd ₹3.33 Cr	Industrial Products	0.71%
51	MRF Limited ₹2.59 Cr	Auto Components	0.56%
52	SBI Life Insurance Company Limited ₹2.18 Cr	Insurance	0.47%
53	Malco Energy Limited ₹1.94 Cr	Power	0.42%
54	V2 Retail Ltd ₹39.73 L	Healthcare	0.09%
55	Vedanta Iron And Steel Limited ₹41.52 L	Metals & Minerals Trading	0.09%
56	Arvind Fashions Limited ₹28.98 L	Retailing	0.06%
57	Talwandi Sabo Power Limited ₹25.68 L	Power	0.06%
58	Safari Industries India Ltd ₹14.13 L	Consumer Durables	0.03%