Bank of India Multi Cap Fund vs Franklin India Multi-Factor Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bank of India Multi Cap Fund is a Multi Cap fund and Franklin India Multi-Factor Fund is a Thematic fund. Bank of India Multi Cap Fund charges 1.16% a year and Franklin India Multi-Factor Fund 1.14% (Direct plans). Their portfolios overlap 28.4%: they hold 22 of the same securities.
Franklin India Multi-Factor Fund
Thematic
- Expense ratio
- 1.14%
- NAV
- ₹9.02
Which is better, Bank of India Multi Cap or Franklin India Multi-Factor? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Franklin India Multi-Factor costs less: 1.14% a year against 1.16% (Direct plans).
- Bank of India Multi Cap fell less in its worst fall since 28-11-2025: −11.7% against −13.8%.
- Franklin India Multi-Factor holds more in large companies: 71.7% of the fund in large caps against 30.8%.
- Bank of India Multi Cap is the larger fund: ₹1,344 Cr against ₹581 Cr.
- Their portfolios overlap 28.4%: 22 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 Multi Cap Fund | Franklin India Multi-Factor Fund |
|---|---|---|
| Fund house | Bank of India Mutual Fund | Franklin Templeton Mutual Fund |
| Category | Multi Cap | Thematic |
| AUM | ₹1,344 Cr (30-09-2026) | ₹581 Cr (30-09-2026) |
| NAV | ₹19.69 (Direct) | ₹9.02 (Direct) |
| Expense ratio (Direct) | 1.16% | 1.14% |
| Expense ratio (Regular) | 2.48% | 2.80% |
| Riskometer | Very High | Not available |
| Benchmark | NIFTY 500 Multicap 50:25:25 Total Return Index | Not available |
| Launch date | 03-03-2023 | Not available |
| Minimum investment | ₹5,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Nitin Gosar | Not available |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. | Not available |
Bank of India Multi Cap vs Franklin India Multi-Factor: 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 Multi Cap Fund (Direct) | −2.43% | −4.14% | +1.81% | +3.52% | +16.70% | -- | -- |
| Franklin India Multi-Factor Fund (Direct) | −0.19% | −6.70% | −5.31% | -- | -- | -- | -- |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
Category average: the average of the 33 Multi Cap funds and the 235 Thematic funds, same plan type.
Bank of India Multi Cap vs Franklin India Multi-Factor: Year-wise Returns
| Year | Bank of India Multi CapBank of India Multi Cap | Franklin India Multi-FactorFranklin India Multi-Factor |
|---|---|---|
| 2026to date | +2.23% | −10.63% |
| 2025 | +8.51% | -- |
| 2024 | +23.69% | -- |
Bank of India Multi Cap vs Franklin India Multi-Factor: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of Bank of India Multi Cap Fund
Bank of India Multi Cap vs Franklin India Multi-Factor: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bank of India Multi Cap Fund (Direct) | Franklin India Multi-Factor Fund (Direct) |
|---|---|---|
| Return (CAGR) | +20.35% | −10.62% |
| Standard deviation | 14.95% | 14.25% |
| Sharpe ratio | 0.95 | -1.11 |
| Sortino ratio | 1.27 | -1.45 |
| Maximum drawdown | −20.3% (03-03-2025) | −13.8% (31-03-2026) |
| Beta | 1.01 | 0.97 |
| Alpha | +5.82% | −1.09% |
From daily NAVs, 06-03-2023 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.
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 Multi Cap Fund (Direct)
Franklin India Multi-Factor Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bank of India Multi Cap Fund (Direct) | −11.7% | 02-01-2026 | 23-03-2026 | 04-05-2026 | 42 days | −6.2% |
| Franklin India Multi-Factor Fund (Direct) | −13.8% | 02-01-2026 | 31-03-2026 | Not yet | -- | −11.3% |
| Nifty500 Multicap 50:25:25 TRI | −14.6% | 02-01-2026 | 30-03-2026 | 06-07-2026 | 3 months | −8.0% |
From daily values since 28-11-2025, the first day every fund has.
Bank of India Multi Cap vs Franklin India Multi-Factor: Portfolio Overlap
From each fund's latest monthly portfolio: Bank of India Multi Cap Fund, September 2026; Franklin India Multi-Factor Fund, September 2026
Holdings in common
- Overlap
- 28.4%
- Held by both
- 22
- Only in Bank of India Multi Cap
- 45
- Only in Franklin India Multi-Factor
- 68
| Security | % of Bank of India Multi Cap | % of Franklin India Multi-Factor |
|---|---|---|
| HDFC Bank Limited | 5.48% | 5.90% |
| Reliance Industries Limited | 4.00% | 4.24% |
| State Bank of India | 2.19% | 2.71% |
| ITC Limited | 1.68% | 2.30% |
| Larsen & Toubro Limited | 1.36% | 2.67% |
| Bharti Airtel Limited | 1.31% | 3.83% |
| Tata Consultancy Services Limited | 1.38% | 1.21% |
| NTPC Limited | 1.16% | 1.24% |
| FSN E-Commerce Ventures Limited | 1.66% | 1.10% |
| Aurobindo Pharma Limited | 2.59% | 1.08% |
| Steel Authority of India Limited | 1.27% | 1.07% |
| Kotak Mahindra Bank Limited | 2.71% | 0.90% |
| Bank of Maharashtra | 2.40% | 0.90% |
| Shriram Finance Limited | 1.62% | 0.78% |
| Dixon Technologies (India) Limited | 2.39% | 0.78% |
| Bank of Baroda | 1.97% | 0.76% |
| Vedanta Aluminium Metal Limited | 1.50% | 0.74% |
| Oberoi Realty Limited | 0.49% | 0.49% |
| One 97 Communications Limited | 1.37% | 0.40% |
| Tata Steel Limited | 0.40% | 0.51% |
| United Spirits Limited | 0.37% | 0.44% |
| Maruti Suzuki India Limited | 1.20% | 0.27% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 28.4% means 28.4% 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 Multi Cap Fund
| Security | % of fund |
|---|---|
| Entero Healthcare Solutions Ltd | 2.76% |
| Container Corporation of India Limited | 2.62% |
| Tips Music Limited | 2.54% |
| Quality Power Electrical Eqp Ltd | 2.45% |
| Dr. Reddy's Laboratories Limited | 2.32% |
Largest holdings only in Franklin India Multi-Factor Fund
| Security | % of fund |
|---|---|
| ICICI Bank Ltd | 5.08% |
| Infosys Ltd | 2.32% |
| Sun Pharmaceutical Industries Ltd | 1.97% |
| Titan Co Ltd | 1.92% |
| Bajaj Finance Ltd | 1.58% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bank of India Multi Cap | Franklin India Multi-Factor |
|---|---|---|
| Equity | 89.9% | 97.6% |
| Debt | 0.1% | 0.0% |
| Cash and others | 10.0% | 2.4% |
Market cap of stocks
| Market cap | Bank of India Multi Cap | Franklin India Multi-Factor |
|---|---|---|
| Large Cap | 30.8% | 71.7% |
| Mid Cap | 28.8% | 18.2% |
| Small Cap | 27.3% | 7.4% |
| Not on AMFI's list | 3.0% | 0.4% |
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 Multi Cap | Franklin India Multi-Factor |
|---|---|---|
| Banks | 14.8% | 19.4% |
| Pharmaceuticals & Biotechnology | 12.5% | 6.4% |
| Finance | 2.6% | 7.5% |
| IT - Software | 1.4% | 5.9% |
| Retailing | 5.8% | 3.7% |
| Consumer Durables | 5.4% | 3.2% |
| Telecom - Services | 1.9% | 5.1% |
| Petroleum Products | 4.0% | 5.0% |
| Auto Components | 4.1% | 1.3% |
The six largest sectors of each fund's stocks, % of the fund.
Bank of India Multi Cap vs Franklin India Multi-Factor: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bank of India Multi Cap Fund | Franklin India Multi-Factor Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.16% | 1.14% |
| Base expense ratio (Direct) | 0.72% | 0.62% |
| Total expense ratio (Regular) | 2.48% | 2.80% |
| Base expense ratio (Regular) | 1.84% | 2.07% |
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 Multi Cap with
Compare Franklin India Multi-Factor with
Bank of India Multi Cap Fund vs Franklin India Multi-Factor Fund: Frequently Asked Questions
What is the difference between Bank of India Multi Cap Fund and Franklin India Multi-Factor Fund?
Bank of India Multi Cap Fund is a Multi Cap fund, Franklin India Multi-Factor Fund is a Thematic fund, run by Bank of India Mutual Fund and Franklin Templeton Mutual Fund. Their portfolios overlap 28.4%. Bank of India Multi Cap Fund charges 1.16% a year and Franklin India Multi-Factor Fund 1.14%.
Which has the lower expense ratio, Bank of India Multi Cap Fund or Franklin India Multi-Factor Fund?
Franklin India Multi-Factor Fund charges less: 1.14% a year against 1.16%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bank of India Multi Cap Fund and Franklin India Multi-Factor Fund overlap?
28.4%. They hold 22 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, SBIN. From each fund's latest monthly portfolio.
Can I invest in both Bank of India Multi Cap Fund and Franklin India Multi-Factor Fund?
Yes. 28.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.