Bank of India Large and Mid Cap Fund Eco Plan
Direct · GrowthAI Summary
The fund has delivered consistent SIP XIRR of 12.61% to 15.80% across horizons from 1Y to 15Y, but trails the category average SIP XIRR at every horizon — for example 12.98% vs 17.73% over 3Y and 13.71% vs 17.26% over 5Y. Against the NIFTY 50, however, it shows positive alpha across all periods, including 7.51% over 3Y and 6.10% over 7Y, with lump-sum CAGR beating the benchmark in every window. Recent calendar-year returns have been uneven, with 6.96% in 2025 and 1.75% in 2026 YTD after a strong 17.23% in 2024.
The fund exhibits defensive characteristics versus NIFTY 50, with beta below 1.0 in most windows (0.89-0.98) and downside capture consistently below 100% (84.17% over 1Y, 89.63% over 15Y), meaning it loses less than the benchmark in declines. However, it has experienced 11 drawdown events exceeding 10%, and the maximum drawdown period lasted 805 days with a 246-day recovery, indicating prolonged recovery phases are possible. Calmar ratios of roughly 0.32-0.39 across horizons suggest moderate risk-adjusted efficiency for a large and mid cap mandate.
Detailed holdings and sector allocation data were not provided in this dataset, so concentration and diversification cannot be assessed from the numbers given. As a Large & Mid Cap Fund under SEBI norms, the portfolio is structurally required to hold at least 35% each in large cap and mid cap stocks, which shapes its risk-return profile. Investors should review the latest factsheet for actual top holdings and sector exposure before investing.
The fund lags its category peers on SIP XIRR at every measured horizon, with gaps of roughly 3-5 percentage points at 3Y, 5Y, and 10Y, though it matches the category at 15Y (14.06% vs 14.06%). Its consistency versus the NIFTY 50 is a clear positive, with positive alpha in all seven benchmark windows and downside capture below 100% throughout. The 0.0% direct-plan expense ratio is a meaningful structural advantage that partially offsets the category underperformance.
This fund suits investors seeking large and mid cap exposure with a defensive tilt, given its sub-1 beta and below-benchmark downside capture, and who can tolerate multi-year drawdowns as evidenced by the 805-day max drawdown duration. A minimum horizon of 5-7 years is appropriate to allow the mid cap portion and the fund's benchmark-beating alpha to compound. It is best suited to moderate-to-high risk tolerance investors comfortable with equity volatility, and the zero expense ratio makes it cost-efficient for direct-plan SIP investors.
- Positive alpha versus NIFTY 50 across all seven measured windows, including 7.51% over 3Y and 6.10% over 7Y
- Consistently low downside capture (84.17% to 97.1%) with beta below 1.0 in most periods, indicating better-than-benchmark loss protection
- Zero expense ratio in the direct plan, maximizing net returns for investors
- SIP XIRR trails the category average at every horizon, with gaps of 4.75 percentage points over 3Y (12.98% vs 17.73%) and 3.55 points over 5Y (13.71% vs 17.26%)
- History of 11 drawdown events exceeding 10%, with the maximum drawdown episode lasting 805 days and requiring 246 days to recover
- Weak recent calendar-year performance, with only 6.96% in 2025 and 1.75% in 2026 YTD after strong 2023-2024 gains
Generated on 04-09-2026, 2:53 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.62 L | 15.8% | -50.4% | 114.8% |
| 3 Years | ₹36.00 L | ₹43.59 L | 13.0% | -20.8% | 36.1% |
| 5 Years | ₹60.00 L | ₹85.61 L | 13.7% | -8.8% | 28.1% |
| 7 Years | ₹84.00 L | ₹1.35 Cr | 13.2% | -2.6% | 22.6% |
| 10 Years | ₹1.20 Cr | ₹2.37 Cr | 12.6% | 1.8% | 18.4% |
| 12 Years | ₹1.44 Cr | ₹3.37 Cr | 13.5% | 8.0% | 17.5% |
| 15 Years | ₹1.80 Cr | ₹5.60 Cr | 14.1% | 12.2% | 15.9% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 15.8% | 14.4% | 16.5% | +1.4% |
| 3 Years | 13.0% | 11.1% | 17.7% | +1.9% |
| 5 Years | 13.7% | 10.4% | 17.3% | +3.3% |
| 7 Years | 13.2% | 10.6% | 16.6% | +2.6% |
| 10 Years | 12.6% | 11.5% | 16.8% | +1.2% |
| 12 Years | 13.5% | 11.4% | 16.5% | +2.1% |
| 15 Years | 14.1% | 11.8% | 14.1% | +2.2% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 15.2% | 10.5% | -25.2% | 111.7% | 0.39 | 1.09 | 76% | — | — |
| 3 Years | 12.9% | 14.2% | -6.1% | 30.9% | 0.87 | 2.59 | 95% | — | — |
| 5 Years | 13.1% | 12.8% | -2.2% | 27.5% | 1.32 | 8.15 | 100% | — | — |
| 10 Years | 12.1% | 13.1% | 3.9% | 16.0% | 2.17 | 30.86 | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +10.83 | 0.91 | 99.5% | 84.2% | 8.8% | -2.9% |
| 3 Years | +7.51 | 1.03 | 106.5% | 97.1% | 15.3% | 7.8% |
| 5 Years | +4.87 | 0.98 | 98.4% | 92.1% | 12.7% | 7.8% |
| 7 Years | +6.10 | 0.89 | 93.0% | 86.3% | 17.3% | 11.8% |
| 10 Years | +2.75 | 0.91 | 93.3% | 89.6% | 13.2% | 10.8% |
| 12 Years | +2.76 | 0.91 | 92.7% | 88.9% | 12.2% | 9.8% |
| 15 Years | +2.60 | 0.91 | 92.9% | 89.6% | 13.3% | 11.2% |