Fundalysisby DARKHORSESTOCKS

Scheme

Bank Of India Small Cap Fund

Holds 85 companies worth ₹3,146 Cr in Sept 2026.

  • Fund house

    BOI AXAThe fund house that runs this scheme.

  • AUM

    ₹3,671 CrBank Of India Small Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 11.0% on Aug 2026, ₹3,307 Cr.

  • Largest holding

    Hero Motors LtdHero Motors Ltd is 2.8% of this scheme's NAV.

  • Fund manager

    Alok SinghRuns it since 27 Apr 2022, as the fund house dates it.

Overview(6 Oct 2026)

Fund managers1

  1. Alok SinghFund manager · Apr 2022
  1. Dhruv BhatiaApr 2022 – Jun 2025

Key facts

Benchmark
NIFTY Smallcap 250 TRI
Risk
Very High
Expense
Regular 2.22% · Direct 0.78%
Exit load
10% within 3 months
Started
19 Dec 2018
Minimum
₹5,000

Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

What changed(43 changes)

Oct 2026

1 change
  1. Expense ratio
    6 OctRegular 2.18% → 2.22%Direct 0.74% → 0.78%

Sept 2026

2 changes
  1. Exit load
    22 Sept10% within 1 year → 10% within 3 months
  2. Expense ratio
    22 SeptRegular 2.08% → 2.18%Direct 0.61% → 0.74%

Jun 2026

2 changes

Source.Its filings at NSE, since Sept 2024.

Fund managers over time(Apr 2022 – now)

  1. Alok Singh
  2. Dhruv Bhatia
MainCoSlice2023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Sept 2024 – Oct 2026)

Every change to the expense ratio, newest first.
41 changesRegularDirectΔ pt
6 Oct 20262.22%0.78%0.04
22 Sept 20262.18%0.74%0.13
11 Jun 20262.08%0.61%0.06
3 Jun 20262.03%0.55%0.01
15 May 20262.04%0.56%0.04
13 May 20262.07%0.60%1.21
12 May 20263.29%1.81%0.70
10 May 20262.58%1.11%0.46
7 May 20262.12%0.65%0.15
6 May 20262.28%0.80%0.42
5 May 20262.70%1.22%0.22
3 May 20262.48%1.00%0.43
29 Apr 20262.05%0.57%0.15
27 Apr 20262.20%0.72%0.04
17 Apr 20262.16%0.68%0.10
8 Apr 20262.27%0.78%0.20
3 Feb 20262.02%0.58%0.01
21 Jan 20262.02%0.59%0.01
21 Nov 20252.02%0.60%0.14
30 Oct 20252.04%0.74%0
22 Sept 20252.05%0.74%0.01
20 Aug 20252.05%0.75%0.18
18 Jul 20252.03%0.57%0.01
2 Jul 20252.03%0.58%0
27 Jun 20252.04%0.58%0.01
19 Jun 20252.04%0.59%0.07
12 Jun 20252.02%0.52%0.02
23 Apr 20252.04%0.54%0.01
25 Mar 20252.05%0.55%0.01
20 Mar 20252.06%0.56%0.01
18 Mar 20252.07%0.57%0
17 Mar 20252.08%0.57%0.03
16 Jan 20252.04%0.54%0.04
18 Dec 20242.03%0.50%0.01
2 Dec 20242.04%0.51%0
29 Nov 20242.05%0.51%0.01
15 Oct 20242.05%0.52%0
3 Oct 20242.06%0.52%0.01
18 Sept 20242.06%0.53%0
6 Sept 20242.07%0.53%0.01
2 Sept 20242.07%0.54%–
Direct plan, 6 Oct 2026
0.78%
Regular plan 2.22% · Exit load 10% within 3 months
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(6 Oct 2026)

Objective

The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity-related securities of small cap companies. However, there can be no assurance that the investment objectives of the Scheme will be realized.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended equity scheme predominantly investing in small cap stocks
Benchmark
NIFTY Smallcap 250 TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity related instruments of Small Cap Companies
    Allowed65–100%
  2. Equity & Equity related instruments of Companies other than Small Cap Companies
    Allowed0–35%
  3. Money Market Instruments, Other Liquid Instruments, Gold and Silver Instruments (ETFs only) and units of Domestic Mutual Fund Schemes
    Allowed0–35%
  4. Units issued by InvITS
    Allowed0–10%Holds0.0%

Holds in Sept 2026.85.7% equity · 14.3% debt and cash

How to invest(6 Oct 2026)

Buying

To start
₹5,000, then in multiples of ₹1
To add
₹1,000, then in multiples of ₹1
Most
There is no limit on the maximum amount to be raised under the Scheme. All valid applications are assured of full allotment.
Systematic
SIP - Weekly & Monthly, SWP - Monthly & Quarterly, STP - Daily, Weekly & Monthly
Dates
SIP - Weekly (Monday to Friday) & Monthly (any day - 1 to 28), SWP - Monthly (01,07,10,15,20,25) & Quarterly (01,07,10,15,20,25), STP - Daily (any day - 1 to 28), Weekly (Monday to Friday) & Monthly (01,07,10,15,20,25) If such a day is a Holiday/Non-Business day, then the next Business Day
Minimum
SIP - 1000, SWP - 1000 & STP - 1000, then sIP - 1, SWP - 1 & STP - 1
Instalments
SIP - Weekly 12 & Monthly 6, SWP - Monthly 6 & Quarterly 4, STP - Daily 30, Weekly 12 & Monthly 6
Most
SIP Monthly - 6; Yearly - 3, SWP - Monthly - 6; Quarterly - 4; Halfyearly - 4; Yearly - 2, STP - Daily -6; Weekly - 6; Fortnightly -6; Monthly - 6; Quarterly -2.

Selling and switching

To redeem
₹1 or 0.001 units
Minimum balance
Currently, there is no minimum balance requirement or Currently, there is no minimum balance requirement units
Switch minimum
₹5,000 or 5000 units
Switch multiples
₹1 or No limit units
Switch most
No limit or Not applicable. units

Scheme details(6 Oct 2026)

What it is

Category
Small Cap Fund
Offer
28 Nov 2018 to 12 Dec 2018
Started
19 Dec 2018
Reopened
27 Dec 2018
Plans
Regular Plan and Direct Plan. Each of the Plan shall offer the following Option: · •Growth Option · • IDCW Option (Reinvestment of IDCW & payout of IDCW facility)
Face value
₹10
Listed
No

How it is run

Swing pricing
Enabling provision in SID. However, no segregated portfolio is created.
Side-pocketing
Enabling provision in SID. However, no segregated portfolio is created.
Custodian
Deutsche Bank AG
Auditor
Chokshi & Chokshi LLP (Statutory Auditors)
Registrar
KFin Technologies Limited
SEBI code
BOIA/O/E/SCF/18/09/0014