Axis Value Fund vs Bank of India Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Value Fund and Bank of India Value Fund are both Value and Contra funds. Axis Value Fund charges 0.88% a year and Bank of India Value Fund 1.70% (Direct plans). Their portfolios overlap 2.0%: they hold 2 of the same securities.
Which is better, Axis Value or Bank of India Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Value costs less: 0.88% a year against 1.70% (Direct plans).
- Bank of India Value fell less in its worst fall since 22-09-2026: −5.6% against −6.9%.
- Axis Value holds more in large companies: 57.1% of the fund in large caps against 2.0%.
- Axis Value is the larger fund: ₹1,836 Cr against ₹356 Cr.
- Their portfolios overlap 2.0%: 2 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Value Fund | Bank of India Value Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Bank of India Mutual Fund |
| Category | Value and Contra | Value and Contra |
| AUM | ₹1,836 Cr (30-09-2026) | ₹356 Cr (30-09-2026) |
| NAV | ₹20.68 (Direct) | ₹9.81 (Direct) |
| Expense ratio (Direct) | 0.88% | 1.70% |
| Expense ratio (Regular) | 2.22% | 2.79% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| Launch date | 22-09-2021 | 21-09-2026 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nitin Arora, Krishnaa N | and for Direct Plan |
| Exit load | Exit Load for units in excess of 20% of the investment,1% will be charged for redemption within 12 months. | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. |
Axis Value vs Bank of India Value: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Value Fund (Direct) | −0.67% | −2.13% | +3.50% | +1.22% | +17.74% | +14.91% | -- |
| Bank of India Value Fund (Direct) | −2.10% | -- | -- | -- | -- | -- | -- |
| Value and Contra average | −2.09% | -- | -- | -- | -- | -- | -- |
Category average: the average of the 30 Value and Contra funds, same plan type.
Axis Value vs Bank of India Value: Year-wise Returns
| Year | AxisAxis Value | Bank of IndiaBank of India Value | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | +0.88% | -- | −7.51% |
| 2025 | +6.44% | -- | +7.76% |
| 2024 | +29.70% | -- | +16.24% |
| 2023 | +42.11% | -- | +26.91% |
| 2022 | +0.48% | -- | +4.25% |
Axis Value vs Bank of India Value: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
Axis Value vs Bank of India Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Value Fund (Direct) | Bank of India Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.35% | −18.42% |
| Standard deviation | 14.41% | 12.41% |
| Sharpe ratio | 0.67 | -1.93 |
| Sortino ratio | 0.90 | -2.52 |
| Maximum drawdown | −20.2% (20-06-2022) | −5.6% (23-10-2026) |
| Beta | 0.96 | 0.47 |
| Alpha | +6.80% | −6.59% |
From daily NAVs, 28-09-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Value Fund (Direct)
Bank of India Value Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Value Fund (Direct) | −6.9% | 23-09-2026 | 23-10-2026 | Not yet | -- | −4.3% |
| Bank of India Value Fund (Direct) | −5.6% | 06-10-2026 | 23-10-2026 | Not yet | -- | −2.7% |
| Nifty 500 TRI | −6.5% | 23-09-2026 | 23-10-2026 | Not yet | -- | −4.5% |
From daily values since 22-09-2026, the first day every fund has.
Axis Value vs Bank of India Value: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Value Fund, September 2026; Bank of India Value Fund, September 2026
Holdings in common
- Overlap
- 2.0%
- Held by both
- 2
- Only in Axis Value
- 84
- Only in Bank of India Value
- 1
| Security | % of Axis Value | % of Bank of India Value |
|---|---|---|
| HDFC Bank Limited | 4.54% | 1.02% |
| Kotak Mahindra Bank Limited | 1.19% | 1.00% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 2.0% means 2.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Value Fund
| Security | % of fund |
|---|---|
| ICICI Bank Limited | 5.28% |
| Reliance Industries Limited | 3.22% |
| Welspun Corp Limited | 2.53% |
| Shriram Finance Limited | 2.43% |
| Bharti Airtel Limited | 2.41% |
Largest holdings only in Bank of India Value Fund
| Security | % of fund |
|---|---|
| Navin Fluorine International Limited | 2.04% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Value | Bank of India Value |
|---|---|---|
| Equity | 93.0% | 4.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 7.0% | 95.9% |
Market cap of stocks
| Market cap | Axis Value | Bank of India Value |
|---|---|---|
| Large Cap | 57.1% | 2.0% |
| Mid Cap | 15.3% | 0.0% |
| Small Cap | 19.5% | 2.0% |
| Not on AMFI's list | 1.1% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Value | Bank of India Value |
|---|---|---|
| Banks | 21.4% | 2.0% |
| Electrical Equipment | 7.1% | 0.0% |
| Finance | 7.1% | 0.0% |
| Auto Components | 6.6% | 0.0% |
| Pharmaceuticals & Biotechnology | 5.6% | 0.0% |
| Automobiles | 5.5% | 0.0% |
| Chemicals & Petrochemicals | 0.0% | 2.0% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Value vs Bank of India Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Value Fund | Bank of India Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.88% | 1.70% |
| Base expense ratio (Direct) | 0.60% | 1.17% |
| Total expense ratio (Regular) | 2.22% | 2.79% |
| Base expense ratio (Regular) | 1.78% | 2.10% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Axis Value Fund vs Bank of India Value Fund: Frequently Asked Questions
What is the difference between Axis Value Fund and Bank of India Value Fund?
Both are Value and Contra funds, run by Axis Mutual Fund and Bank of India Mutual Fund. Their portfolios overlap 2.0%. Axis Value Fund charges 0.88% a year and Bank of India Value Fund 1.70%.
Which has the lower expense ratio, Axis Value Fund or Bank of India Value Fund?
Axis Value Fund charges less: 0.88% a year against 1.70%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Value Fund and Bank of India Value Fund overlap?
2.0%. They hold 2 of the same securities, the largest shared ones being HDFCBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Which is riskier, Axis Value Fund or Bank of India Value Fund?
On SEBI's riskometer, Axis Value Fund is rated Very High and Bank of India Value Fund Very High. Over their common history, the standard deviation of daily returns was 14.41% and 12.41% a year.
Can I invest in both Axis Value Fund and Bank of India Value Fund?
Yes. 2.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Axis Value Fund and Bank of India Value Fund?
Axis Value Fund: Nitin Arora, Krishnaa N. Bank of India Value Fund: and for Direct Plan.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.