News

Bank of India Mutual Fund launches Bank of India Mid Cap Fund

NFO period: 31st July - 14th August, 2025

Highlights of the NFO:

  • Scheme type - An open ended equity scheme predominantly investing in mid cap stocks.

  • Investment objective - The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of mid cap companies. However, there is no assurance that the investment objective of the Scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking long term capital appreciation. Investment in equity and equity-related instruments investing predominantly in mid cap companies.

  • Minimum Application Amount - Rs. 5000 and in multiples of Re. 1 thereafter.

  • Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option)

  • Fund Managers - Mr. Alok Singh

  • Benchmark - Nifty Midcap 150 TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)