Bank of India Mutual Fund

About Bank of India Mutual Fund

Bank of India Mutual Fund is run by BOI AXA-heritage asset management infrastructure now operating under Bank of India's sponsorship, offering schemes across equity, debt, and hybrid categories, backed by one of India's established public sector banks.

Ownership and Heritage

Bank of India, a major public sector bank with a long history in Indian banking, is the principal sponsor of this AMC, giving it access to the bank's branch network and existing customer relationships for distribution. As with other PSU-bank-backed AMCs in this directory, this structure combines public-sector banking distribution reach with professionally managed mutual fund operations run under standard SEBI regulation.

Fund Range and Approach

Bank of India Mutual Fund offers a range of equity funds across market-cap segments, debt funds, and hybrid schemes. As a relatively smaller AMC compared to the largest bank-backed fund houses, its scheme range is more focused than the very largest AMCs in this directory, which can make it easier to compare a smaller number of options directly.

Who Should Consider Bank of India Mutual Fund

Investors who value a public-sector-bank-backed AMC, particularly those already banking with Bank of India, may find it a convenient starting point for their mutual fund research - though as with any AMC, the specific scheme's category, historical performance, and expense ratio should drive the actual investment decision.

Comparing Bank of India Schemes With Other Fund Houses

When comparing a Bank of India scheme against alternatives in the same category, check the historical CAGR across multiple periods, the expense ratio relative to category peers, and how long the current fund manager has run the scheme - the same due diligence checklist that applies across every AMC in this directory.

Checking a Scheme's Risk-o-Meter and Category

Every Indian mutual fund scheme is required to display a standardised risk-o-meter (ranging from "Low" to "Very High") on its factsheet, reflecting SEBI's categorisation rules for that specific fund type. Checking this alongside the scheme's exact category label - not just its name - is a quick way to confirm a fund actually matches the risk level you're comfortable with before investing.

Reading the Scheme Documents

Before investing in any specific scheme, it's worth reading its scheme information document (SID) and key information memorandum (KIM), both freely available on the AMC's own website - these spell out the exact investment mandate, risk factors, benchmark, and exit load in far more detail than any summary page, including this one, can provide.

Costs: Direct vs Regular Plans

Bank of India schemes are available as Direct Plans or Regular Plans. Use the Expense Ratio Impact Calculator on this site to estimate the long-term rupee difference between the two.

Checking Fund Manager Continuity

Before relying on a Bank of India scheme's published long-term returns, check how long its current fund manager has actually run it - a track record is most meaningful when the same manager or team delivered it, rather than someone who took charge only recently. Each scheme's official factsheet, available on the AMC's own website, shows the current manager and their tenure.

Investing With Bank of India Mutual Fund

Every scheme tracked on this site shows live NAV, computed CAGR and absolute returns, and expense ratio, sourced from AMFI India and MFAPI - see the scheme list below, or open any individual scheme's page to project a SIP or lumpsum investment using its own historical performance and current NAV.