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Bank Of India Aggressive Hybrid Fund - Direct Plan Growth vs JM Aggressive Hybrid Fund (Direct) - Growth Option
Bank Of India Aggressive Hybrid Fund and JM Aggressive Hybrid Fund (Direct) are both in the Aggressive Hybrid Fund category, from Bank of India Investment Managers Private Limited and JM Financial Asset Management Limited respectively. Bank Of India Aggressive Hybrid Fund has posted a higher 3-year rolling CAGR. Bank Of India Aggressive Hybrid Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Bank Of India Aggressive Hybrid Fund has the lower direct-plan expense ratio, by 0.30 percentage points.
| Bank Of India Aggressive Hybrid Fund - Direct Plan Growth | JM Aggressive Hybrid Fund (Direct) - Growth Option | |
|---|---|---|
| Category | Aggressive Hybrid Fund | Aggressive Hybrid Fund |
| AMC | Bank of India Investment Managers Private Limited | JM Financial Asset Management Limited |
| Benchmark | CRISIL Hybrid 25+75 - Aggressive Index | CRISIL Hybrid 35+65 - Aggressive Index |
| NAV | ₹45.3 (2026-10-28) | ₹133.1215 (2026-10-28) |
| AUM | ₹2,215.3 Cr | ₹635.95 Cr |
| Expense Ratio (Direct) | 0.86% | 1.16% |
| Inception | 2016-06-29 | 1995-04-01 |
Returns
Bank Of India Aggressive Hybrid Fund leads on 3-year rolling CAGR (20.3% vs JM Aggressive Hybrid Fund (Direct)'s 14.6%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
Bank Of India Aggressive Hybrid Fund has been the more volatile of the two by standard deviation.
| Bank Of India Aggressive Hybrid Fund - Direct Plan Growth | JM Aggressive Hybrid Fund (Direct) - Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | 0.43 | 0.22 |
| 3Y Alpha | 7.769% | 1.9843% |
| 3Y Std Deviation | 15.3808% | 12.8378% |
| 3Y Calmar Ratio | 0.68 | 0.58 |
Portfolio Analytics
Bank Of India Aggressive Hybrid Fund carries the higher portfolio YTM.
| Bank Of India Aggressive Hybrid Fund - Direct Plan Growth | JM Aggressive Hybrid Fund (Direct) - Growth Option | |
|---|---|---|
| P/E Ratio | 30.3782 | 29.456 |
| P/B Ratio | 9.9087 | - |
| Dividend Yield | 0.6485% | 0.6598% |
| Active Share | - | - |
| Portfolio Turnover | 103% | 112.00000000000001% |
| YTM | 7.7442% | 7.38% |
| Duration (Macaulay) | 1.69 yrs | 2.23 yrs |
Punji Fund Health Score
Bank Of India Aggressive Hybrid Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Bank Of India Aggressive Hybrid Fund or JM Aggressive Hybrid Fund (Direct)?
Bank Of India Aggressive Hybrid Fund's 3-year rolling CAGR of 20.3% is higher than JM Aggressive Hybrid Fund (Direct)'s 14.6%. Bank Of India Aggressive Hybrid Fund sits in the 100th percentile of its category on this metric, versus the 52nd percentile for JM Aggressive Hybrid Fund (Direct) - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Bank Of India Aggressive Hybrid Fund or JM Aggressive Hybrid Fund (Direct)?
Bank Of India Aggressive Hybrid Fund's direct-plan expense ratio is 0.30 percentage points lower than JM Aggressive Hybrid Fund (Direct)'s. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Bank Of India Aggressive Hybrid Fund or JM Aggressive Hybrid Fund (Direct)?
By standard deviation (a measure of how much a fund's returns swing around its own average), Bank Of India Aggressive Hybrid Fund has been more volatile than JM Aggressive Hybrid Fund (Direct) over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.43 for Bank Of India Aggressive Hybrid Fund vs 0.22 for JM Aggressive Hybrid Fund (Direct)) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Bank Of India Aggressive Hybrid Fund or JM Aggressive Hybrid Fund (Direct)?
Bank Of India Aggressive Hybrid Fund has ₹2,215 Cr in assets under management, versus ₹636 Cr for JM Aggressive Hybrid Fund (Direct). A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), Bank Of India Aggressive Hybrid Fund or JM Aggressive Hybrid Fund (Direct)?
Bank Of India Aggressive Hybrid Fund's portfolio YTM (7.7442%) is higher than JM Aggressive Hybrid Fund (Direct)'s. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which has longer duration (more interest-rate sensitivity), Bank Of India Aggressive Hybrid Fund or JM Aggressive Hybrid Fund (Direct)?
JM Aggressive Hybrid Fund (Direct) has the longer Macaulay duration of the two, meaning its NAV is more sensitive to interest-rate changes - a longer-duration debt fund tends to gain more when rates fall and lose more when rates rise, compared to a shorter-duration fund. Duration is expressed in years but isn't literally about how long you hold the fund; it's a measure of price sensitivity to rate moves. If you expect rates to fall, the longer-duration fund benefits more; if you expect rates to rise or want to minimize that swing, the shorter-duration fund is the more conservative pick.
Which fund has a longer track record, Bank Of India Aggressive Hybrid Fund or JM Aggressive Hybrid Fund (Direct)?
JM Aggressive Hybrid Fund (Direct) launched on 1995-04-01, making it older than Bank Of India Aggressive Hybrid Fund (launched 2016-06-29). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.