MUTUAL FUNDS
Bank of India Mutual Fund files offer document for Value Fund
Aug-06-2026

Bank of India Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘Bank of India Value Fund’. The New Fund Offer price will be Rs 10 per unit during the NFO. Entry load will be nil. Exit load - If redeemed /switched-out within 3 months from the date of allotment: For 10% of investments will be Nil; For remaining investments will be 1%; If redeemed/switched-out after 3 months from the date of allotment will be Nil. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance will be benchmarked against Nifty 500 Total Return Index (TRI). The minimum application will be Rs 5000 and in multiples of Rs 1 thereafter.

The investment objective of the scheme is to generate long-term capital appreciation by predominantly investing in equity and equity related instruments by following a value investment strategy.

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