The present study aimed to investigate the bioaccumulation of heavy metals from the effluent of battery industry by an aquatic plant, Bacopa monnieri. Experiment was carried for 25 days and heavy metal concentrations were analyzed in plant parts (roots and shoots), soil and effluent using atomic absorption spectroscopy (AAS) for 5 days each. Parameters such as Translocation Factor (TF), Bioconcentration Factor (BCF) and Transposition Factor (TrF) were calculated to analyze heavy metal interaction between plant, soil and effluents. Zn and Mg were found to be high in TF, BCF and TrF, but Cr had a TF value higher than Zn as it translocates high amount of ions to plant parts. TrF values of contaminants increased constantly in the following order: Mg > Zn > Cd > Pb > Cr. TF and BCF values were not > 1 for toxic metals (Pb, Cr and Cd). B. Monnieri can be used as a phytoextractor in removing contaminants from aquatic bodies.