Bank of India Aggressive Hybrid Fund vs Motilal Oswal Nifty Midcap 150 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bank of India Aggressive Hybrid Fund is an Aggressive Hybrid fund and Motilal Oswal Nifty Midcap 150 Index Fund is an Index fund. In the 3 years to 30-10-2026, Bank of India Aggressive Hybrid Fund (Direct) returned 15.4% a year and Motilal Oswal Nifty Midcap 150 Index Fund (Direct) returned 13.6% a year. Bank of India Aggressive Hybrid Fund charges 0.86% a year and Motilal Oswal Nifty Midcap 150 Index Fund 0.39% (Direct plans). Their portfolios overlap 22.9%: they hold 35 of the same securities.
Bank of India Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 15.4%
- Expense ratio
- 0.86%
- NAV
- ₹44.94
Motilal Oswal Nifty Midcap 150 Index Fund
Index
- 3 year return
- 13.6%
- Expense ratio
- 0.39%
- NAV
- ₹38.23
Which is better, Bank of India Aggressive Hybrid or Motilal Oswal Nifty Midcap 150 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bank of India Aggressive Hybrid returned more over 5 years: 13.7% a year against 13.6%.
- Bank of India Aggressive Hybrid returned more over 3 years: 15.4% a year against 13.6%.
- Motilal Oswal Nifty Midcap 150 Index costs less: 0.39% a year against 0.86% (Direct plans).
- Bank of India Aggressive Hybrid swung less over 3 years: a standard deviation of 14.8% a year against 17.0%.
- Bank of India Aggressive Hybrid fell less in its worst fall since 11-09-2019: −28.1% against −37.2%.
- Motilal Oswal Nifty Midcap 150 Index is the larger fund: ₹3,995 Cr against ₹2,196 Cr.
- Their portfolios overlap 22.9%: 35 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 | Bank of India Aggressive Hybrid Fund | Motilal Oswal Nifty Midcap 150 Index Fund |
|---|---|---|
| Fund house | Bank of India Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Aggressive Hybrid | Index |
| AUM | ₹2,196 Cr (30-09-2026) | ₹3,995 Cr (30-09-2026) |
| NAV | ₹44.94 (Direct) | ₹38.23 (Direct) |
| Expense ratio (Direct) | 0.86% | 0.39% |
| Expense ratio (Regular) | 2.24% | 1.13% |
| Riskometer | Very High | Very High |
| Benchmark | 70% Nifty MidSmall cap 400 TRI Index & 30% CRISIL Short Term Bond Index | Nifty Midcap 150 TRI |
| Launch date | 20-07-2016 | 06-09-2019 |
| Minimum investment | ₹5,000 | ₹500 |
| Lock in | None | None |
| Fund managers | Alok Singh | Swapnil Mayekar |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. | Exit load of 1%, if redeemed within 15 days. |
Bank of India Aggressive Hybrid vs Motilal Oswal Nifty Midcap 150 Index: 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 |
|---|---|---|---|---|---|---|---|
| Bank of India Aggressive Hybrid Fund (Direct) | −4.69% | −2.35% | +1.95% | +6.64% | +15.44% | +13.65% | +15.39% |
| Motilal Oswal Nifty Midcap 150 Index Fund (Direct) | −3.69% | −8.51% | −4.04% | −4.52% | +13.61% | +13.59% | -- |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | +11.60% |
Category average: the average of the 29 Aggressive Hybrid funds, same plan type.
Bank of India Aggressive Hybrid vs Motilal Oswal Nifty Midcap 150 Index: Year-wise Returns
| Year | Bank of India Aggressive HybridBank of India Aggressive Hybrid | Motilal Oswal Nifty Midcap 150 IndexMotilal Oswal Nifty Midcap 150 Index |
|---|---|---|
| 2026to date | +6.14% | −5.11% |
| 2025 | +0.40% | +5.81% |
| 2024 | +27.36% | +24.19% |
| 2023 | +34.92% | +44.31% |
| 2022 | −3.76% | +3.61% |
| 2021 | +55.77% | +46.89% |
Bank of India Aggressive Hybrid vs Motilal Oswal Nifty Midcap 150 Index: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of Motilal Oswal Nifty Midcap 150 Index Fund
Rolling returns
Every 3-year holding period, 1,017 of them, one for each trading day from 12-09-2022 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Bank of India Aggressive Hybrid Fund (Direct)
Motilal Oswal Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
to
Jan 2023Sept 2020
to
Sept 2023Jun 2021
to
Jun 2024Feb 2022
to
Feb 2025Nov 2022
to
Nov 2025Jul 2023
to
Jul 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of India Aggressive Hybrid | 0.0 | 0.0 | 0.0 | 1.6 | 26.6 | 36.4 | 35.4 | 22.8% | 22.1% | 12.5% | 34.0% | 14% |
| Motilal Oswal Nifty Midcap 150 Index | 0.0 | 0.0 | 0.0 | 2.9 | 8.5 | 40.4 | 48.3 | 25.4% | 24.8% | 12.5% | 39.5% | 0% |
| Nifty Midcap 150 TRI | 0.0 | 0.0 | 0.0 | 2.7 | 7.7 | 39.2 | 50.4 | 25.8% | 25.2% | 12.7% | 40.6% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Midcap 150 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 11-09-2019. Past returns do not promise future returns.
Bank of India Aggressive Hybrid vs Motilal Oswal Nifty Midcap 150 Index: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-09-2019 to 30-10-2026: 86 instalments, ₹8,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bank of India Aggressive HybridBank of India Aggressive Hybrid Fund (Direct) | ₹8,60,000 | ₹16,49,959 | ₹7,89,959 | 17.9% |
| Motilal Oswal Nifty Midcap 150 IndexMotilal Oswal Nifty Midcap 150 Index Fund (Direct) | ₹8,60,000 | ₹16,20,150 | ₹7,60,150 | 17.4% |
Bank of India Aggressive HybridBank of India Aggressive Hybrid Fund (Direct)
Motilal Oswal Nifty Midcap 150 IndexMotilal Oswal Nifty Midcap 150 Index Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Bank of India Aggressive Hybrid vs Motilal Oswal Nifty Midcap 150 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bank of India Aggressive Hybrid Fund (Direct) | Motilal Oswal Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.64% | −4.52% |
| Standard deviation | 13.59% | 16.55% |
| Sharpe ratio | 0.10 | -0.59 |
| Sortino ratio | 0.14 | -0.79 |
| Maximum drawdown | −9.0% (23-03-2026) | −13.9% (30-03-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.15% |
From daily NAVs, 30-10-2025 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.
| Measure | Bank of India Aggressive Hybrid Fund (Direct) | Motilal Oswal Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.44% | +13.61% |
| Standard deviation | 14.83% | 17.04% |
| Sharpe ratio | 0.64 | 0.45 |
| Sortino ratio | 0.85 | 0.59 |
| Maximum drawdown | −20.0% (03-03-2025) | −21.0% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.20% |
From daily NAVs, 30-10-2023 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.
| Measure | Bank of India Aggressive Hybrid Fund (Direct) | Motilal Oswal Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.65% | +13.59% |
| Standard deviation | 14.37% | 16.67% |
| Sharpe ratio | 0.55 | 0.47 |
| Sortino ratio | 0.73 | 0.62 |
| Maximum drawdown | −21.5% (20-06-2022) | −21.0% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.23% |
From daily NAVs, 29-10-2021 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.
| Measure | Bank of India Aggressive Hybrid Fund (Direct) | Motilal Oswal Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.63% | +20.40% |
| Standard deviation | 14.19% | 18.27% |
| Sharpe ratio | 0.72 | 0.84 |
| Sortino ratio | 0.96 | 1.10 |
| Maximum drawdown | −36.6% (23-03-2020) | −37.2% (23-03-2020) |
| Beta | -- | 0.99 |
| Alpha | -- | −0.08% |
From daily NAVs, 27-07-2016 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.
Bank of India Aggressive Hybrid Fund (Direct)
Motilal Oswal Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bank of India Aggressive Hybrid Fund (Direct) | −28.1% | 20-02-2020 | 23-03-2020 | 21-08-2020 | 5 months | −7.1% |
| Motilal Oswal Nifty Midcap 150 Index Fund (Direct) | −37.2% | 07-02-2020 | 23-03-2020 | 15-09-2020 | 6 months | −10.5% |
| Nifty Midcap 150 TRI | −38.5% | 07-02-2020 | 23-03-2020 | 06-11-2020 | 7 months | −10.5% |
From daily values since 11-09-2019, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bank of India Aggressive Hybrid Fund (Direct)
Motilal Oswal Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bank of India Aggressive Hybrid Fund (Direct)
Motilal Oswal Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bank of India Aggressive Hybrid Fund (Direct)
Motilal Oswal Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bank of India Aggressive Hybrid Fund (Direct) | 85% | 70% | 8.98% |
| Motilal Oswal Nifty Midcap 150 Index Fund (Direct) | 99% | 99% | 0.57% |
From month-end values since 11-09-2019. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Bank of India Aggressive Hybrid vs Motilal Oswal Nifty Midcap 150 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Bank of India Aggressive Hybrid Fund, September 2026; Motilal Oswal Nifty Midcap 150 Index Fund, September 2026
Holdings in common
- Overlap
- 22.9%
- Held by both
- 35
- Only in Bank of India Aggressive Hybrid
- 75
- Only in Motilal Oswal Nifty Midcap 150 Index
- 114
| Security | % of Bank of India Aggressive Hybrid | % of Motilal Oswal Nifty Midcap 150 Index |
|---|---|---|
| The Federal Bank Limited | 2.46% | 1.93% |
| One 97 Communications Limited | 1.64% | 1.78% |
| Multi Commodity Exchange of India Limited | 1.20% | 2.08% |
| Aurobindo Pharma Limited | 1.83% | 1.14% |
| United Spirits Limited | 1.02% | 0.99% |
| Max Financial Services Limited | 1.20% | 0.90% |
| Glenmark Pharmaceuticals Limited | 1.60% | 0.87% |
| Dixon Technologies (India) Limited | 0.84% | 1.34% |
| Sundaram Finance Limited | 0.79% | 0.74% |
| Mankind Pharma Limited | 1.82% | 0.70% |
| Bharat Forge Limited | 0.70% | 1.32% |
| GE Vernova T&D India Limited | 0.67% | 1.28% |
| IPCA Laboratories Limited | 0.66% | 0.66% |
| Steel Authority of India Limited | 1.16% | 0.65% |
| Lloyds Metals And Energy Limited | 0.93% | 0.64% |
| Jindal Stainless Limited | 0.95% | 0.58% |
| PB Fintech Limited | 0.54% | 0.93% |
| Petronet LNG Limited | 1.04% | 0.53% |
| MRF Limited | 0.53% | 0.63% |
| UNO Minda Limited | 1.76% | 0.52% |
| JK Cement Limited | 1.32% | 0.52% |
| Coromandel International Limited | 1.11% | 0.52% |
| Radico Khaitan Limited | 0.50% | 0.84% |
| Nippon Life India Asset Management Limited | 1.46% | 0.48% |
| Torrent Power Limited | 0.48% | 0.58% |
| Hindustan Copper Limited | 1.04% | 0.45% |
| ICICI Lombard General Insurance Company Limited | 0.43% | 0.95% |
| Ajanta Pharma Limited | 0.76% | 0.41% |
| Bank of Maharashtra | 3.28% | 0.40% |
| Schaeffler India Limited | 0.85% | 0.39% |
| Abbott India Limited | 1.85% | 0.35% |
| HDB Financial Services Limited | 0.77% | 0.33% |
| Bharti Hexacom Limited | 0.29% | 0.26% |
| Bharat Dynamics Limited | 1.22% | 0.25% |
| Housing & Urban Development Corporation Limited | 0.93% | 0.21% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 22.9% means 22.9% 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 Bank of India Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| Sterlite Technologies Limited | 2.46% |
| Balrampur Chini Mills Limited | 2.02% |
| Quality Power Electrical Eqp Ltd | 1.96% |
| Optiemus Infracom Ltd | 1.96% |
| 7.6% Power Finance Corporation Limited (13/04/2029) | 1.91% |
Largest holdings only in Motilal Oswal Nifty Midcap 150 Index Fund
| Security | % of fund |
|---|---|
| Laurus Labs Limited | 1.90% |
| Hero MotoCorp Limited | 1.68% |
| The Indian Hotels Company Limited | 1.58% |
| Coforge Limited | 1.50% |
| Bharat Heavy Electricals Limited | 1.49% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bank of India Aggressive Hybrid | Motilal Oswal Nifty Midcap 150 Index |
|---|---|---|
| Equity | 70.0% | 99.1% |
| Debt | 23.9% | 0.0% |
| Cash and others | 6.1% | 0.9% |
Market cap of stocks
| Market cap | Bank of India Aggressive Hybrid | Motilal Oswal Nifty Midcap 150 Index |
|---|---|---|
| Large Cap | 0.0% | 5.7% |
| Mid Cap | 39.6% | 90.9% |
| Small Cap | 26.9% | 2.5% |
| Not on AMFI's list | 3.5% | 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 | Bank of India Aggressive Hybrid | Motilal Oswal Nifty Midcap 150 Index |
|---|---|---|
| Pharmaceuticals & Biotechnology | 9.6% | 9.2% |
| Banks | 5.7% | 8.7% |
| Finance | 3.4% | 6.8% |
| Electrical Equipment | 6.1% | 5.9% |
| Retailing | 0.0% | 5.6% |
| Capital Markets | 2.7% | 4.7% |
| Auto Components | 3.8% | 4.6% |
| Telecom - Equipment & Accessories | 4.4% | 0.0% |
| Industrial Manufacturing | 3.8% | 0.3% |
The six largest sectors of each fund's stocks, % of the fund.
Bank of India Aggressive Hybrid vs Motilal Oswal Nifty Midcap 150 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bank of India Aggressive Hybrid Fund | Motilal Oswal Nifty Midcap 150 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.86% | 0.39% |
| Base expense ratio (Direct) | 0.56% | 0.23% |
| Total expense ratio (Regular) | 2.24% | 1.13% |
| Base expense ratio (Regular) | 1.73% | 0.90% |
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
Bank of India Aggressive Hybrid Fund vs Motilal Oswal Nifty Midcap 150 Index Fund: Frequently Asked Questions
What is the difference between Bank of India Aggressive Hybrid Fund and Motilal Oswal Nifty Midcap 150 Index Fund?
Bank of India Aggressive Hybrid Fund is an Aggressive Hybrid fund, Motilal Oswal Nifty Midcap 150 Index Fund is an Index fund, run by Bank of India Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 22.9%. Bank of India Aggressive Hybrid Fund charges 0.86% a year and Motilal Oswal Nifty Midcap 150 Index Fund 0.39%.
Which has given higher returns, Bank of India Aggressive Hybrid Fund or Motilal Oswal Nifty Midcap 150 Index Fund?
Over 1 year: Bank of India Aggressive Hybrid Fund +6.64%, Motilal Oswal Nifty Midcap 150 Index Fund −4.52%. Over 3 years: Bank of India Aggressive Hybrid Fund +15.44% a year, Motilal Oswal Nifty Midcap 150 Index Fund +13.61% a year. Over 5 years: Bank of India Aggressive Hybrid Fund +13.65% a year, Motilal Oswal Nifty Midcap 150 Index Fund +13.59% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bank of India Aggressive Hybrid Fund or Motilal Oswal Nifty Midcap 150 Index Fund?
Motilal Oswal Nifty Midcap 150 Index Fund charges less: 0.39% a year against 0.86%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bank of India Aggressive Hybrid Fund and Motilal Oswal Nifty Midcap 150 Index Fund overlap?
22.9%. They hold 35 of the same securities, the largest shared ones being FEDERALBNK, PAYTM, MCX. From each fund's latest monthly portfolio.
Which is riskier, Bank of India Aggressive Hybrid Fund or Motilal Oswal Nifty Midcap 150 Index Fund?
On SEBI's riskometer, Bank of India Aggressive Hybrid Fund is rated Very High and Motilal Oswal Nifty Midcap 150 Index Fund Very High. Over 3 years, the standard deviation of daily returns was 14.83% and 17.04% a year.
Which is better for SIP, Bank of India Aggressive Hybrid Fund or Motilal Oswal Nifty Midcap 150 Index Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,64,596 in Bank of India Aggressive Hybrid Fund (XIRR 13.7% a year) and ₹8,28,508 in Motilal Oswal Nifty Midcap 150 Index Fund (XIRR 12.0% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Bank of India Aggressive Hybrid Fund and Motilal Oswal Nifty Midcap 150 Index Fund?
Yes. 22.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bank of India Aggressive Hybrid Fund and Motilal Oswal Nifty Midcap 150 Index Fund?
Bank of India Aggressive Hybrid Fund: Alok Singh. Motilal Oswal Nifty Midcap 150 Index Fund: Swapnil Mayekar.
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.