Bank of India Mid Cap Fund vs PGIM India Midcap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bank of India Mid Cap Fund and PGIM India Midcap Fund are both Mid Cap funds. In the year to 30-10-2026, Bank of India Mid Cap Fund (Direct) returned −2.0% and PGIM India Midcap Fund (Direct) returned −5.0%. Bank of India Mid Cap Fund charges 1.38% a year and PGIM India Midcap Fund 0.72% (Direct plans). Their portfolios overlap 30.0%: they hold 25 of the same securities.
Bank of India Mid Cap Fund
Mid Cap
- 1 year return
- −2.0%
- Expense ratio
- 1.38%
- NAV
- ₹9.95
PGIM India Midcap Fund
Mid Cap
- 1 year return
- −5.0%
- Expense ratio
- 0.72%
- NAV
- ₹72.91
Which is better, Bank of India Mid Cap or PGIM India Midcap? 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 Mid Cap returned more over 1 year: −2.0% against −5.0%.
- PGIM India Midcap costs less: 0.72% a year against 1.38% (Direct plans).
- Bank of India Mid Cap fell less in its worst fall since 25-08-2025: −12.5% against −16.2%.
- PGIM India Midcap holds more in large companies: 19.7% of the fund in large caps against 5.8%.
- PGIM India Midcap is the larger fund: ₹10,537 Cr against ₹729 Cr.
- Their portfolios overlap 30.0%: 25 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 Mid Cap Fund | PGIM India Midcap Fund |
|---|---|---|
| Fund house | Bank of India Mutual Fund | PGIM India Mutual Fund |
| Category | Mid Cap | Mid Cap |
| AUM | ₹729 Cr (30-09-2026) | ₹10,537 Cr (30-09-2026) |
| NAV | ₹9.95 (Direct) | ₹72.91 (Direct) |
| Expense ratio (Direct) | 1.38% | 0.72% |
| Expense ratio (Regular) | 2.55% | 1.92% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Midcap 150 TRI | Nifty Midcap 150 TRI |
| Launch date | 22-08-2025 | 02-12-2013 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | and for Direct Plan | Vivek Sharma, Utsav Mehta, Vinay Paharia, and Mr. Puneet Pal |
| 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 0.5%, if redeemed within 90 days. |
Bank of India Mid Cap vs PGIM India Midcap: 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 Mid Cap Fund (Direct) | −3.96% | −3.68% | −1.19% | −1.97% | -- | -- | -- |
| PGIM India Midcap Fund (Direct) | −2.49% | −5.26% | −0.03% | −4.98% | +10.86% | +9.04% | +15.44% |
| Mid Cap average | −3.36% | −6.03% | −0.14% | −2.17% | +14.75% | +12.95% | +14.07% |
Category average: the average of the 34 Mid Cap funds, same plan type.
Bank of India Mid Cap vs PGIM India Midcap: Year-wise Returns
| Year | Bank of India Mid CapBank of India Mid Cap | PGIM India MidcapPGIM India Midcap | Nifty Midcap 150 TRI |
|---|---|---|---|
| 2026to date | +1.12% | −2.03% | −4.97% |
| 2025 | -- | +1.27% | +5.98% |
| 2024 | -- | +22.48% | +24.46% |
| 2023 | -- | +22.47% | +44.61% |
| 2022 | -- | −0.10% | +3.91% |
| 2021 | -- | +66.92% | +48.16% |
Bank of India Mid Cap vs PGIM India Midcap: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 44 of them, one for each trading day from 25-08-2026 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 Mid Cap Fund (Direct)
PGIM India Midcap Fund (Direct)
Nifty Midcap 150 TRI
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 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 Mid Cap | 13.6 | 40.9 | 45.5 | 0.0 | 0.0 | 0.0 | 0.0 | 4.1% | 4.8% | −3.9% | 9.8% | 55% |
| PGIM India Midcap | 54.5 | 43.2 | 2.3 | 0.0 | 0.0 | 0.0 | 0.0 | −0.7% | −0.6% | −7.6% | 5.6% | 0% |
| Nifty Midcap 150 TRI | 20.5 | 34.1 | 29.5 | 15.9 | 0.0 | 0.0 | 0.0 | 4.3% | 4.6% | −5.5% | 14.1% | -- |
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 25-08-2025. Past returns do not promise future returns.
Bank of India Mid Cap vs PGIM India Midcap: 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 25-08-2025 to 30-10-2026: 15 instalments, ₹1,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bank of India Mid CapBank of India Mid Cap Fund (Direct) | ₹1,50,000 | ₹1,49,526 | −₹474 | −0.5% |
| PGIM India MidcapPGIM India Midcap Fund (Direct) | ₹1,50,000 | ₹1,47,273 | −₹2,727 | −2.7% |
Bank of India Mid CapBank of India Mid Cap Fund (Direct)
PGIM India MidcapPGIM India Midcap 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 Mid Cap vs PGIM India Midcap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bank of India Mid Cap Fund (Direct) | PGIM India Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.97% | −4.98% |
| Standard deviation | 15.54% | 15.73% |
| Sharpe ratio | -0.46 | -0.65 |
| Sortino ratio | -0.63 | -0.88 |
| Maximum drawdown | −12.5% (23-03-2026) | −15.1% (23-03-2026) |
| Beta | 0.89 | 0.93 |
| Alpha | +1.30% | −1.29% |
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 Mid Cap Fund (Direct) | PGIM India Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.25% | +16.64% |
| Standard deviation | 14.66% | 16.43% |
| Sharpe ratio | -0.38 | 0.65 |
| Sortino ratio | -0.51 | 0.88 |
| Maximum drawdown | −12.5% (23-03-2026) | −36.4% (23-03-2020) |
| Beta | 0.87 | -- |
| Alpha | −0.14% | -- |
From daily NAVs, 25-08-2025 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.
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 Mid Cap Fund (Direct)
PGIM India Midcap 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 Mid Cap Fund (Direct) | −12.5% | 03-11-2025 | 23-03-2026 | 29-04-2026 | 37 days | −8.0% |
| PGIM India Midcap Fund (Direct) | −16.2% | 18-09-2025 | 23-03-2026 | 03-08-2026 | 4 months | −7.9% |
| Nifty Midcap 150 TRI | −13.9% | 07-01-2026 | 30-03-2026 | 07-05-2026 | 38 days | −10.5% |
From daily values since 25-08-2025, 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 Mid Cap Fund (Direct)
PGIM India Midcap Fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bank of India Mid Cap Fund (Direct) | 77% | 80% | 6.65% |
| PGIM India Midcap Fund (Direct) | 77% | 93% | 4.72% |
From month-end values since 25-08-2025. 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 Mid Cap vs PGIM India Midcap: Portfolio Overlap
From each fund's latest monthly portfolio: Bank of India Mid Cap Fund, September 2026; PGIM India Midcap Fund, September 2026
Holdings in common
- Overlap
- 30.0%
- Held by both
- 25
- Only in Bank of India Mid Cap
- 31
- Only in PGIM India Midcap
- 78
| Security | % of Bank of India Mid Cap | % of PGIM India Midcap |
|---|---|---|
| Mankind Pharma Limited | 2.92% | 2.46% |
| Bharti Hexacom Limited | 3.44% | 2.30% |
| UNO Minda Limited | 2.79% | 2.08% |
| The Federal Bank Limited | 2.05% | 2.61% |
| Max Financial Services Limited | 2.43% | 1.75% |
| JK Cement Limited | 2.72% | 1.74% |
| Multi Commodity Exchange of India Limited | 4.98% | 1.71% |
| One 97 Communications Limited | 3.48% | 1.60% |
| Nippon Life India Asset Management Limited | 2.76% | 1.29% |
| FSN E-Commerce Ventures Limited | 1.23% | 1.82% |
| Dixon Technologies (India) Limited | 1.44% | 1.16% |
| LG Electronics India Ltd | 2.27% | 1.15% |
| Radico Khaitan Limited | 1.09% | 1.09% |
| GE Vernova T&D India Limited | 1.09% | 1.09% |
| ICICI Lombard General Insurance Company Limited | 1.29% | 1.08% |
| Indian Bank | 1.77% | 0.88% |
| Abbott India Limited | 4.84% | 0.85% |
| ICICI Prudential Asset Management Company Limited | 1.20% | 0.79% |
| Bank of Maharashtra | 2.72% | 0.78% |
| Schaeffler India Limited | 1.47% | 0.67% |
| Hitachi Energy India Limited | 1.89% | 0.62% |
| Acutaas Chemicals Limited | 0.78% | 0.56% |
| Sundaram Finance Limited | 0.72% | 0.48% |
| Oil India Limited | 2.28% | 0.45% |
| National Aluminium Company Limited | 0.12% | 0.36% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 30.0% means 30.0% 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 Bank of India Mid Cap Fund
| Security | % of fund |
|---|---|
| Aurobindo Pharma Limited | 5.73% |
| Quality Power Electrical Eqp Ltd | 3.17% |
| Petronet LNG Limited | 2.61% |
| Meesho Ltd | 2.53% |
| Bharat Dynamics Limited | 2.13% |
Largest holdings only in PGIM India Midcap Fund
| Security | % of fund |
|---|---|
| Aditya Birla Capital Ltd. | 2.32% |
| AU Small Finance Bank Ltd. | 2.10% |
| Prestige Estates Projects Ltd. | 2.08% |
| Eternal Ltd. | 1.88% |
| TVS Motor Company Ltd. | 1.73% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bank of India Mid Cap | PGIM India Midcap |
|---|---|---|
| Equity | 97.5% | 97.3% |
| Debt | 0.3% | 0.2% |
| Cash and others | 2.2% | 2.5% |
Market cap of stocks
| Market cap | Bank of India Mid Cap | PGIM India Midcap |
|---|---|---|
| Large Cap | 5.8% | 19.7% |
| Mid Cap | 69.5% | 66.2% |
| Small Cap | 18.9% | 10.0% |
| Not on AMFI's list | 3.2% | 1.5% |
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 Mid Cap | PGIM India Midcap |
|---|---|---|
| Pharmaceuticals & Biotechnology | 16.0% | 8.4% |
| Capital Markets | 8.9% | 6.1% |
| Banks | 6.5% | 8.7% |
| Electrical Equipment | 7.9% | 5.3% |
| Retailing | 3.8% | 7.7% |
| Auto Components | 6.1% | 7.1% |
| Industrial Products | 6.8% | 4.7% |
| Finance | 2.6% | 5.5% |
The six largest sectors of each fund's stocks, % of the fund.
Bank of India Mid Cap vs PGIM India Midcap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bank of India Mid Cap Fund | PGIM India Midcap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.38% | 0.72% |
| Base expense ratio (Direct) | 1.03% | 0.48% |
| Total expense ratio (Regular) | 2.55% | 1.92% |
| Base expense ratio (Regular) | 2.02% | 1.49% |
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
Compare Bank of India Mid Cap with
Bank of India Mid Cap Fund vs PGIM India Midcap Fund: Frequently Asked Questions
What is the difference between Bank of India Mid Cap Fund and PGIM India Midcap Fund?
Both are Mid Cap funds, run by Bank of India Mutual Fund and PGIM India Mutual Fund. Their portfolios overlap 30.0%. Bank of India Mid Cap Fund charges 1.38% a year and PGIM India Midcap Fund 0.72%.
Which has given higher returns, Bank of India Mid Cap Fund or PGIM India Midcap Fund?
Over 1 year: Bank of India Mid Cap Fund −1.97%, PGIM India Midcap Fund −4.98%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bank of India Mid Cap Fund or PGIM India Midcap Fund?
PGIM India Midcap Fund charges less: 0.72% a year against 1.38%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bank of India Mid Cap Fund and PGIM India Midcap Fund overlap?
30.0%. They hold 25 of the same securities, the largest shared ones being MANKIND, BHARTIHEXA, UNOMINDA. From each fund's latest monthly portfolio.
Which is riskier, Bank of India Mid Cap Fund or PGIM India Midcap Fund?
On SEBI's riskometer, Bank of India Mid Cap Fund is rated Very High and PGIM India Midcap Fund Very High. Over 1 years, the standard deviation of daily returns was 15.54% and 15.73% a year.
Can I invest in both Bank of India Mid Cap Fund and PGIM India Midcap Fund?
Yes. 30.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bank of India Mid Cap Fund and PGIM India Midcap Fund?
Bank of India Mid Cap Fund: and for Direct Plan. PGIM India Midcap Fund: Vivek Sharma, Utsav Mehta, Vinay Paharia, and Mr. Puneet Pal.
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.