Bank of India Mutual Fund

Fund Name
Category
Rating
Fund Size (in Cr)
1Y Returns
3Y Returns
5Y Returns
Bank of India Small Cap Fund Equity 4 395 8.7 41.8 -
Bank of India Manufacturing & Infrastr Fund Equity 4 84 12.4 29.9 13.5
Bank of India Mid & Small Cap Equity & Debt Fund Hybrid 4 385 3.8 26.5 12.0
Bank of India Midcap Tax Fund Equity - 62 2.9 26.1 -
Bank of India Tax Advantage Fund Equity 4 676 6.8 25.5 15.4
Bank of India Midcap Tax Fund Equity - 39 3.2 23.5 -
Bank of India Large & Mid Cap Equity Fund Equity 2 211 9.3 19.7 11.3
Bank of India Conservative Hybrid Fund Hybrid 4 57 23.5 14.7 6.8
Bank of India Credit Risk Fund Debt 5 165 143.4 14.0 -3.9
Bank of India Balanced Advantage Fund Hybrid 2 86 19.7 11.6 6.3
Bank of India Short Term Income – Direct Growth Debt 5 43 27.2 9.5 3.9
Bank of India Ultra Short Duration Fund Debt - 136 4.3 4.3 5.6
Bank of India Ultra Short Duration Fund Debt 2 136 4.3 4.3 5.7
Bank of India Liquid Fund Debt 4 385 4.7 4.1 5.2
Bank of India Arbitrage Fund Hybrid 1 14 2.8 3.2 -
Bank of India Flexi Cap Fund Equity - 340 9.3 - -
Bank of India Bluechip Fund Equity - 135 3.7 - -
Bank of India Overnight Fund Debt 5 54 4.6 - -
Mutual Fund Name Bank of India Mutual Fund
Trustee Directors Mr Ashok K Pathak
Mr A K Bhargava
Mr Himanshu Joshi
Mr Ram Krishna Sinha
AMC Directors Mr M. Karthikeyan
Mr Parveen Kumar Gupta
Ms Pushpa Chaudhary
Mr Ganesan Rajamani
Registered Office Head Office
51, 5th Floor, East Wing, Kalpataru Synergy, Opp. Grand Hyatt ,Vakola Santacruz (E),
Mumbai: 400055
Corporate Office Head Office
B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel,
Mumbai: 400013
Telephone Nos. Phone: 022-40112300, 40479000
Fax Nos. 022-40112300
E-mail service@boimf.in

Bank of India Fund Managers

1. Mr Mithraem Bharucha

Mr Mithraem Bharucha has more than 14 years of expertise in the fixed income markets, including trading and portfolio management, and joined Bank of India Investment Managers in August 2021.
Before joining Bank of India Investment Managers, he worked with companies like YES Mutual Fund and BNP Paribas Mutual Fund. He has a master’s degree in business administration with a finance concentration and a bachelor’s degree in management studies from Mumbai University.

2. Mr Dhruv Bhatia

Mr Dhruv Bhatia works as an equity fund manager at Bank of India Investment Managers and has more than ten years of experience in equities research and portfolio management. Dhruv’s most recent task had him serving as an Investment Consultant at Sixteenth Street Capital Pte.
He has previously worked as an equities research analyst for companies like AUM Fund Advisors LLP and Sahara Mutual Fund. Dhruv has an MBA from the SIES College of Management Studies in Mumbai and a Bachelor of Management Studies from the University of Mumbai.

3. Mr Alok Singh

Mr Singh graduated from ICFAI Business School with a CFA and PGDBA. He has held positions at BNP Paribas Asset Management and Axis Bank before joining Bank of India AMC. He has around 20 years of experience, including 16 years in the mutual fund industry.

How to Invest in the Bank of India Mutual Fund?

If you want to invest in the Bank of India, the process is extremely simple on the 5Paisa platform. 5Paisa is one of the country’s largest investing platforms, and you can easily add mutual funds to your portfolio. The steps to invest in the Bank of India Mutual Fund online is as follows:

Step 1: Log in to your 5Paisa Account. If you do not have one, register and create a new 5Paisa account in 3 easy steps. Alternatively, you can download the 5Paisa app on your smartphone for Android or IOS and log in from your device.

Step 2: Search for the Bank of India Mutual Fund scheme that you want to invest in

Step 3: Select the option that is apt for your requirement and risk appetite

Step 4: Select the investment type – SIP (Systematic Investment Plan) or Lumpsum

Step 5: Input the amount that you’d like to invest and proceed with payment by clicking on the ‘Invest Now’ button

That’s it! This sums up the investment process. Once your payment is successful, you can see the Bank of India Mutual Fund reflected in your 5Paisa account in 3-4 working days. If you have selected the SIP option, the chosen amount will get deducted every month starting from the date you have made the payment.

Top 10 Bank of India Mutual Funds to Invest

Bank of India Ultra Short Duration Fund

It is an open-ended ultra-short-term debt fund that invests in securities with a portfolio Macaulay duration of between three and six months. A Moderate Credit Risk and Relatively Low-Interest Rate Risk. Mithraem Bharucha is managing the fund.

The minimum investment required in the fund is INR 5,000/-
Fund’s Performance – It has lagging returns of 3.34 per cent (1 year), 4.34 per cent (3 years), 5.64 per cent (5 years), and 7.14 per cent (since launch). While category returns for the same period are 3.45% (1 year), 4.64% (3 years), and 5.15% (5yr).

The current NAV of INR 2631.56

Min Investment Amt ₹5,000
AUM ₹136 Cr
1Y Returns 4.3%

Bank of India Credit Risk Fund

An open-ended debt strategy primarily invests in corporate bonds with ratings of AA and below (but not AA+). A Relatively High Credit Risk and a Moderate Interest Rate Risk. ALOK SINGH is managing the fund.

Returns: Its trailing returns over different time periods are: 141.76% (1yr), 13.45% (3yr), -4.04% (5yr) and 0.41% (since launch). Whereas, Category returns for the same time duration are: 15.33% (1yr), 5.35% (3yr) and 4.02% (5yr).

Minimum Investment: Minimum investment required is INR 5000, and the minimum additional investment is INR 5000. The minimum SIP investment is INR 0.

Min Investment Amt ₹5,000
AUM ₹165 Cr
1Y Returns 143.4%

Bank of India Balanced Advantage Fund

The Bank of India Balanced Advantage Fund aims at providing long-term capital appreciation/income from a dynamic mix of equity and debt investments. There is no assurance that the scheme’s investment objectives will be realized, and the scheme does not assure or guarantee any returns. Alok Singh is managing the fund.

Returns: Its trailing returns over different time periods are: 10.21% (1yr), 9.31% (3yr), 4.07% (5yr) and 7.14% (since launch). Whereas, Category returns for the same time duration are: 3.58% (1yr), 10.61% (3yr) and 7.29% (5yr).

Minimum Investment: Minimum investment required is INR 5000, and the minimum additional investment is INR 1000. The minimum SIP investment is INR 1000.

Min Investment Amt ₹5,000
AUM ₹86 Cr
1Y Returns 19.7%

The scheme invests in diverse debt and money market assets to generate income and capital growth. However, there is no guarantee that the revenue will be able to be generated regularly or otherwise or that the investment goals of the scheme will be met. Mithraem Bharucha is managing the fund.

Returns: Its trailing returns over different time periods are: 17.27% (1yr), 3.84% (3yr), 2.03% (5yr) and 5.35% (since launch). Whereas, Category returns for the same time duration are: 3.7% (1yr), 5.7% (3yr) and 5.47% (5yr).

Minimum Investment: Minimum investment required is INR 5000, and the minimum additional investment is INR 1000. The minimum SIP investment is INR 1000.

Min Investment Amt ₹5,000
AUM ₹43 Cr
1Y Returns 27.2%

Bank of India Arbitrage Fund

The scheme aims to produce revenue through chances for arbitrage inside the derivative portion of the equities market, between the cash and derivative segments, and by investing excess funds in debt securities and money market instruments. But there is no assurance or guarantee that the scheme’s investment goal will be attained. Alok Singh is managing the fund.

Returns: Its trailing returns over different time periods are: 2.57% (1yr), 3.52% (3yr) and 4.3% (since launch). Whereas, Category returns for the same time duration are: 3.13% (1yr), 3.88% (3yr) and 4.69% (5yr).

Minimum Investment: Minimum investment required is INR 5000, and the minimum additional investment is INR 1000. The minimum SIP investment is INR 1000.

Min Investment Amt ₹5,000
AUM ₹14 Cr
1Y Returns 2.8%

Bank of India Large & Mid Cap Equity Fund

By investing in a diversified portfolio of primarily large cap and mid-cap equity and equity-linked assets, including equity derivatives, the scheme attempts to create income and long-term capital appreciation. The scheme is a large- and mid-cap fund by nature. The scheme does not promise or guarantee any returns. Alok Singh is managing the fund.

Returns: Its trailing returns over different time periods are: 0.61% (1yr), 17.89% (3yr), 9.1% (5yr) and 12.81% (since launch). Whereas, Category returns for the same time duration are: 4.62% (1yr), 17.65% (3yr), and 10.54% (5yr)

Minimum Investment: Minimum investment required is INR 5000, and the minimum additional investment is INR 1000. The minimum SIP investment is INR 1000.

Min Investment Amt ₹5,000
AUM ₹211 Cr
1Y Returns 9.3%

Bank of India Mid & Small Cap Equity & Debt Fund

The plan aims to distribute income and offer capital growth to participants through a portfolio made up of fixed-income securities, mid-cap and small-cap equities, and equity-related assets. However, there is no guarantee that the revenue will be able to be generated regularly or otherwise or that the investment goals of the scheme will be met. Alok Singh is managing the fund.

Returns: Its trailing returns over different time periods are: -1.93% (1yr), 24.15% (3yr), 11.38% (5yr) and 13.46% (since launch). Whereas, Category returns for the same time duration are: 3.48% (1yr), 13.21% (3yr) and 9.11% (5yr).

Minimum Investment: Minimum investment required is INR 5000, and the minimum additional investment is INR 1000. The minimum SIP investment is INR 1000.

Min Investment Amt ₹5,000
AUM ₹385 Cr
1Y Returns 3.8%

Bank of India Liquid Fund

Through a portfolio of debt and money market instruments, the scheme aims to provide fair market-related returns with less risk and more liquidity. The scheme does not promise or guarantee any returns. The achievement of the scheme’s investment goal cannot be guaranteed. Mr Mithraem Bharucha is managing the fund.

Returns: Its trailing returns over different time periods are: 3.73% (1yr), 4.01% (3yr), 5.26% (5yr) and 6.63% (since launch). Whereas, Category returns for the same time duration are: 3.57% (1yr), 3.9% (3yr) and 5.18% (5yr).

Minimum Investment: Minimum investment required is INR 5000, and the minimum additional investment is INR 1000. The minimum SIP investment is INR 0.

Min Investment Amt ₹5,000
AUM ₹385 Cr
1Y Returns 4.7%

Bank of India Tax Advantage Fund

The scheme hopes to provide long-term capital growth with a diversified portfolio of primarily equity and equity-related assets across all market capitalizations. The scheme resembles a diversified multi-cap fund in nature. There are no assured or guaranteed returns offered by the scheme. The achievement of the investing goals of the scheme cannot be guaranteed. Alok Singh is managing the fund.

Returns: Its trailing returns over different time periods are: -2.13% (1yr), 23.77% (3yr), 13.9% (5yr) and 17.99% (since launch). Whereas, Category returns for the same time duration are: 3.54% (1yr), 16.06% (3yr) and 10.41% (5yr).

Minimum Investment: Minimum investment required is INR 500, and the minimum additional investment is INR 500. The minimum SIP investment is INR 500.

Min Investment Amt ₹500
AUM ₹676 Cr
1Y Returns 6.8%

Bank of India Flexi Cap Fund

The scheme’s primary investment goal is to produce long-term capital appreciation through investments in equities and equity-related securities across various market capitalizations. The achievement of the scheme’s investment goals, however, cannot be guaranteed. Alok Singh is managing the fund.

Returns: Its trailing returns over different time periods are: 2.6% (1yr) and 36.29% (since launch). Whereas, Category returns for the same time duration are: 3.7% (1yr), 15.38% (3yr) and 10.4% (5yr).

Minimum Investment: Minimum investment required is INR 5000, and the minimum additional investment is INR 1000. The minimum SIP investment is INR 1000.

Min Investment Amt ₹5,000
AUM ₹340 Cr
1Y Returns 9.3%

Frequently Asked Questions

You do not necessarily have to open a DEMAT account to buy Mutual Funds. With 5Paisa’s Apps – Invest App & 5paisa Mobile Trading App, you can easily invest in mutual funds. You can download 5paisa Invest App & Open an MF Account.

Yes, you can stop any SIP online at any time. All you need to do is place a Cancel SIP request. To stop or cancel the SIP, you can do so from the BOI website or do it via the 5Paisa account by following the steps below:

● Go to Mutual Fund order Book
● Click on the SIP section
● Click on the BOI scheme that you wish to stop
● Click on the Stop SIP button

That’s it! Your SIP will be stopped, and you can restart the SIP at any time.

With 5Paisa, you can easily invest in the Bank of India Mutual Fund and other investment options at the ZERO commission. In addition, investing with 5Paisa is safe and provides benefits such as Professional Management, Simple SIP or lump sum investment process, and Liquidity Transparency. You can invest in mutual funds by starting a SIP as low as INR 500 and have the flexibility to choose from a wide range of options.

You can easily increase the SIP amount at any time. To do so, follow the process below:
● Go to the SIP section and select the SIP that you want to increase/revise the amount for
● Once you have selected the SIP of your choice, choose the EDIT SIP option
● Update the SIP amount, frequency, or instalment date as per your preference
● Once you have updated the details, you will receive a notification about the revisions to your SIP.

Bank of India Large & Mid Cap Equity Fund’s minimum investment requirement is 5,000 in a lump sum, which is 1,000 for a systematic investment plan (SIP).

With Bank of India AMC, investors can consider multiple financial assets via diverse offerings and products such as Equity, Debt, and Hybrid.

To know the right amount to invest in any mutual fund, one needs to understand the risk involved and the tenure of the investment and fix the amount they are most comfortable with based on their financial goals.

Mr Mithraem Bharucha and. Mr Dhruv Bhatia are the top fund managers of the Bank of India Mutual Fund

To know the right amount to invest in any mutual fund, one needs to understand the risk involved and the tenure of the investment and fix the amount they are most comfortable with based on their financial goals.

The minimum amount for the Bank of India mutual fund depends upon the selected fund type and the fund duration.

Invest Now