Bank of India Banking & Financial Services Fund vs Edelweiss Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bank of India Banking & Financial Services Fund is a Thematic fund and Edelweiss Financial Services Fund is a Thematic fund. Bank of India Banking & Financial Services Fund charges 1.68% a year and Edelweiss Financial Services Fund 0.96% (Direct plans). Their portfolios overlap 58.9%: they hold 19 of the same securities.
Bank of India Banking & Financial Services Fund
Thematic
- Expense ratio
- 1.68%
- NAV
- ₹8.96
Edelweiss Financial Services Fund
Thematic
- Expense ratio
- 0.96%
- NAV
- ₹8.91
Which is better, Bank of India Banking & Financial Services or Edelweiss Financial Services? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Edelweiss Financial Services costs less: 0.96% a year against 1.68% (Direct plans).
- Bank of India Banking & Financial Services fell less in its worst fall since 18-02-2026: −14.3% against −15.8%.
- Edelweiss Financial Services is the larger fund: ₹274 Cr against ₹249 Cr.
- Their portfolios overlap 58.9%: 19 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 Banking & Financial Services Fund | Edelweiss Financial Services Fund |
|---|---|---|
| Fund house | Bank of India Mutual Fund | Edelweiss Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹249 Cr (30-09-2026) | ₹274 Cr (30-09-2026) |
| NAV | ₹8.96 (Direct) | ₹8.91 (Direct) |
| Expense ratio (Direct) | 1.68% | 0.96% |
| Expense ratio (Regular) | 2.77% | 2.57% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty Financial Services TRI |
| Launch date | 30-01-2026 | 16-02-2026 |
| Minimum investment | ₹5,000 | ₹100 |
| Lock in | None | None |
| Fund managers | and for Direct Plan | Trideep Bhattacharya, Ashwani Agarwalla, Ashish Sood, Amit Vora |
| 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 90 days. |
Bank of India Banking & Financial Services vs Edelweiss Financial Services: 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 Banking & Financial Services Fund (Direct) | −2.71% | −8.29% | −6.76% | -- | -- | -- | -- |
| Edelweiss Financial Services Fund (Direct) | −1.24% | −6.54% | −4.24% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Bank of India Banking & Financial Services vs Edelweiss Financial Services: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
Bank of India Banking & Financial Services vs Edelweiss Financial Services: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bank of India Banking & Financial Services Fund (Direct) | Edelweiss Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | −13.92% | −15.82% |
| Standard deviation | 17.87% | 19.04% |
| Sharpe ratio | -1.07 | -1.11 |
| Sortino ratio | -1.44 | -1.50 |
| Maximum drawdown | −14.3% (30-03-2026) | −15.8% (30-03-2026) |
| Beta | 0.86 | 0.96 |
| Alpha | −6.66% | +0.54% |
From daily NAVs, 02-02-2026 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 Banking & Financial Services Fund (Direct)
Edelweiss Financial Services Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bank of India Banking & Financial Services Fund (Direct) | −14.3% | 26-02-2026 | 30-03-2026 | Not yet | -- | −12.8% |
| Edelweiss Financial Services Fund (Direct) | −15.8% | 26-02-2026 | 30-03-2026 | Not yet | -- | −11.5% |
| Nifty Financial Services TRI | −17.3% | 18-02-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 18-02-2026, the first day every fund has.
Bank of India Banking & Financial Services vs Edelweiss Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: Bank of India Banking & Financial Services Fund, September 2026; Edelweiss Financial Services Fund, September 2026
Holdings in common
- Overlap
- 58.9%
- Held by both
- 19
- Only in Bank of India Banking & Financial Services
- 16
- Only in Edelweiss Financial Services
- 15
| Security | % of Bank of India Banking & Financial Services | % of Edelweiss Financial Services |
|---|---|---|
| HDFC Bank Limited | 11.54% | 11.55% |
| ICICI Bank Limited | 10.41% | 10.86% |
| State Bank of India | 8.77% | 8.33% |
| Shriram Finance Limited | 4.83% | 5.64% |
| City Union Bank Limited | 3.14% | 3.19% |
| Kotak Mahindra Bank Limited | 3.08% | 5.21% |
| BSE Limited | 2.48% | 5.29% |
| Bajaj Finance Limited | 2.47% | 2.62% |
| Axis Bank Limited | 2.39% | 7.51% |
| Multi Commodity Exchange of India Limited | 2.15% | 3.33% |
| CreditAccess Grameen Limited | 2.50% | 1.86% |
| Ujjivan Small Finance Bank Limited | 1.62% | 1.47% |
| Karur Vysya Bank Limited | 1.33% | 2.34% |
| Cholamandalam Investment and Finance Company Ltd | 1.31% | 2.71% |
| Indian Bank | 3.15% | 0.83% |
| ICICI Prudential Asset Management Company Limited | 3.60% | 0.76% |
| Canara Bank | 1.03% | 0.26% |
| Bank of Baroda | 3.56% | 0.22% |
| Power Finance Corporation Limited | 0.03% | 1.45% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 58.9% means 58.9% 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 Banking & Financial Services Fund
| Security | % of fund |
|---|---|
| One 97 Communications Limited | 4.04% |
| HDFC Asset Management Company Limited | 2.96% |
| Computer Age Management Services Limited | 2.69% |
| Angel One Limited | 2.52% |
| Bank of Maharashtra | 2.06% |
Largest holdings only in Edelweiss Financial Services Fund
| Security | % of fund |
|---|---|
| SBI Life Insurance Company Ltd. | 3.22% |
| PNB Housing Finance Ltd. | 2.50% |
| The Federal Bank Ltd. | 2.03% |
| AU Small Finance Bank Ltd. | 2.00% |
| Max Financial Services Ltd. | 1.73% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bank of India Banking & Financial Services | Edelweiss Financial Services |
|---|---|---|
| Equity | 95.1% | 96.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.9% | 3.3% |
Market cap of stocks
| Market cap | Bank of India Banking & Financial Services | Edelweiss Financial Services |
|---|---|---|
| Large Cap | 61.6% | 68.9% |
| Mid Cap | 12.5% | 11.4% |
| Small Cap | 19.9% | 16.2% |
| Not on AMFI's list | 1.1% | 0.2% |
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 Banking & Financial Services | Edelweiss Financial Services |
|---|---|---|
| Banks | 52.1% | 57.1% |
| Finance | 15.9% | 21.2% |
| Capital Markets | 20.8% | 12.8% |
| Insurance | 1.4% | 5.0% |
| Financial Technology (Fintech) | 4.9% | 0.7% |
The six largest sectors of each fund's stocks, % of the fund.
Bank of India Banking & Financial Services vs Edelweiss Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bank of India Banking & Financial Services Fund | Edelweiss Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.68% | 0.96% |
| Base expense ratio (Direct) | 1.17% | 0.71% |
| Total expense ratio (Regular) | 2.77% | 2.57% |
| Base expense ratio (Regular) | 2.10% | 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.
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Bank of India Banking & Financial Services Fund vs Edelweiss Financial Services Fund: Frequently Asked Questions
What is the difference between Bank of India Banking & Financial Services Fund and Edelweiss Financial Services Fund?
Bank of India Banking & Financial Services Fund is a Thematic fund, Edelweiss Financial Services Fund is a Thematic fund, run by Bank of India Mutual Fund and Edelweiss Mutual Fund. Their portfolios overlap 58.9%. Bank of India Banking & Financial Services Fund charges 1.68% a year and Edelweiss Financial Services Fund 0.96%.
Which has the lower expense ratio, Bank of India Banking & Financial Services Fund or Edelweiss Financial Services Fund?
Edelweiss Financial Services Fund charges less: 0.96% a year against 1.68%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bank of India Banking & Financial Services Fund and Edelweiss Financial Services Fund overlap?
58.9%. They hold 19 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Bank of India Banking & Financial Services Fund or Edelweiss Financial Services Fund?
On SEBI's riskometer, Bank of India Banking & Financial Services Fund is rated Very High and Edelweiss Financial Services Fund Very High. Over their common history, the standard deviation of daily returns was 17.87% and 19.04% a year.
Can I invest in both Bank of India Banking & Financial Services Fund and Edelweiss Financial Services Fund?
Yes. 58.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bank of India Banking & Financial Services Fund and Edelweiss Financial Services Fund?
Bank of India Banking & Financial Services Fund: and for Direct Plan. Edelweiss Financial Services Fund: Trideep Bhattacharya, Ashwani Agarwalla, Ashish Sood, Amit Vora.
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.