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Bank of India Mutual Fund
Bank of India Mutual Fund was incorporated on August 13, 2007. It is a prominent player in the Indian mutual fund industry. It manages an Assets Under Management (AUM) of ₹10,336 crores. The fund house offers a diverse range of 47 schemes, including equity, debt, and hybrid funds. Bank of India Mutual Fund is known for its solid performance and strategic investment solutions. It holds a respectable position in the market, managing a significant portion of the industry’s assets. The fund house’s commitment to transparency and investor-centric approach makes it a reliable choice for investors seeking growth and stability.
Bank of India Mutual Fund was incorporated on August 13, 2007. It is a prominent player in the Indian mutual fund industry. It manages an Assets Under Management (AUM) of ₹10,336 crores. The fund house offers a diverse range of 47 schemes, including equity, debt, and hybrid funds. Bank of India Mutual Fund is known for its solid performance and strategic investment solutions. It holds a respectable position in the market, managing a significant portion of the industry’s assets. The fund house’s commitment to transparency and investor-centric approach makes it a reliable choice for investors seeking growth and stability.
Bank of India Credit Risk Fund - Direct
Equity | Credit Risk Fund
1Y returns
17.41%Min. Invest
₹5,000
AUM
₹86.74 Cr
Bank of India Manufacturing & Infrastr Fund-Dir (G)
Equity | Sectoral / Thematic
1Y returns
17.07%Min. Invest
₹5,000
AUM
₹836.52 Cr
Bank of India Small Cap Fund - Direct (G)
Equity | Small Cap Fund
1Y returns
15.95%Min. Invest
₹5,000
AUM
₹2,572.40 Cr
Bank of India Multi Cap Fund - Direct (G)
Equity | Multi Cap Fund
1Y returns
12.28%Min. Invest
₹5,000
AUM
₹1,186.47 Cr
Bank of India Multi Asset Allocation Fund-Dir (G)
Equity | Multi Asset Allocation
1Y returns
11.59%Min. Invest
₹5,000
AUM
₹364.74 Cr
Bank of India Flexi Cap Fund - Direct (G)
Equity | Flexi Cap Fund
1Y returns
9.88%Min. Invest
₹5,000
AUM
₹2,615.05 Cr
Bank of India Mid & Small Cap Equity & Debt Fund-Dir (G)
Equity | Aggressive Hybrid Fund
1Y returns
9.74%Min. Invest
₹5,000
AUM
₹1,695.32 Cr
Bank of India Large & Mid Cap Fund - Dir (G)
Equity | Large & Mid Cap Fund
1Y returns
7.35%Min. Invest
₹5,000
AUM
₹491.08 Cr
Bank of India Balanced Advantage Fund - Direct (G)
Equity | Dynamic Asset Allocation or Balanced Advantage
1Y returns
6.62%Min. Invest
₹5,000
AUM
₹169.80 Cr
Bank of India Money Market Fund - Direct (G)
Equity | Money Market Fund
1Y returns
6.40%Min. Invest
₹5,000
AUM
₹417.46 Cr
Bank of India Liquid Fund - Direct (G)
Equity | Liquid Fund
1Y returns
6.36%Min. Invest
₹5,000
AUM
₹1,339.28 Cr
Bank of India Ultra Short Duration Fund - Direct (G)
Equity | Ultra Short Duration Fund
1Y returns
6.30%Min. Invest
₹5,000
AUM
₹147.88 Cr
Bank of India Large Cap Fund - Direct (G)
Equity | Large Cap Fund
1Y returns
6.25%Min. Invest
₹5,000
AUM
₹220.36 Cr
Bank of India Arbitrage Fund - Direct (G)
Equity | Arbitrage Fund
1Y returns
6.05%Min. Invest
₹5,000
AUM
₹47.83 Cr
Bank of India Overnight Fund - Direct (G)
Equity | Overnight Fund
1Y returns
5.58%Min. Invest
₹5,000
AUM
₹42.87 Cr
Bank of India Short Term Income - Direct (G)
Equity | Short Duration Fund
1Y returns
5.45%Min. Invest
₹5,000
AUM
₹270.71 Cr
Bank of India Consumption Fund - Direct (G)
Equity | Sectoral / Thematic
1Y returns
3.20%Min. Invest
₹5,000
AUM
₹360.83 Cr
Bank of India Conservative Hybrid Fund - Direct (G)
Equity | Conservative Hybrid Fund
1Y returns
3.12%Min. Invest
₹5,000
AUM
₹65.13 Cr
Bank of India Business Cycle Fund - Direct (G)
Equity | Sectoral / Thematic
1Y returns
2.96%Min. Invest
₹5,000
AUM
₹463.06 Cr
Bank of India ELSS Tax Saver - Direct (G)
Equity | ELSS
1Y returns
2.84%Min. Invest
₹500
AUM
₹1,406.09 Cr
About Bank of India Mutual Fund
Bank of India Mutual Fund, backed by one of India's leading public sector banks, has created a notable impact in the mutual fund industry through its conservative yet effective investment approach. The fund house has successfully leveraged Bank of India's extensive branch network to reach investors across tier-2 and tier-3 cities, contributing significantly to the penetration of mutual fund products in semi-urban and rural areas. Through its focus on debt and fixed-income products, Bank of India Mutual Fund has provided stable investment options to conservative investors who prioritize capital preservation over high returns.
The fund house has made a significant impact in promoting mutual fund investments among first-time investors, particularly among traditional bank depositors looking to diversify their investments. Its association with a trusted public sector bank has helped build confidence among investors who were previously hesitant to invest in market-linked products. The fund's emphasis on investor education has helped improve financial literacy among bank customers, enabling them to make informed investment decisions.
Bank of India Mutual Fund has contributed to the digitalization of investment processes by integrating mutual fund services with the bank's digital banking platforms, making it convenient for existing bank customers to invest. The fund house has played a crucial role in promoting systematic investment plans (SIPs) among regular income earners, helping them build long-term wealth through disciplined investing. Its focus on risk-managed investment strategies has helped protect investor interests during market volatility, building trust in mutual fund investments.
Its impact extends to the development of distribution networks in smaller towns, where it has helped create an ecosystem of mutual fund distributors and financial advisors. The fund's conservative investment approach has influenced other fund houses to develop similar products catering to risk-averse investors. Bank of India Mutual Fund has contributed to the standardization of industry practices through its adherence to regulatory guidelines and transparent operations.
The fund house has made investment products more accessible to senior citizens and retirees through specialized schemes focusing on regular income generation. Its presence in the money market and liquid fund segment has helped corporate clients manage their treasury operations more efficiently. The fund's integration with banking services has demonstrated how traditional banking and modern investment products can be effectively combined to serve customer needs.
Through its various initiatives, Bank of India Mutual Fund has helped bridge the gap between traditional banking customers and modern investment products, contributing to the overall growth of India's mutual fund industry.
How to Invest in Bank of India Mutual Fund?
Investing in the Bank of India Mutual Fund offers several advantages. The fund house has a strong track record of consistent performance and professional management. It has a diverse range of 47 schemes, including equity, debt, and hybrid funds. It caters to various risk appetites and financial goals. The fund’s commitment to transparency and investor education helps build confidence. It assists in informed decision-making. Additionally, its extensive distribution network ensures easy access and excellent customer service. This fact makes it a reliable choice for building a strong investment portfolio.
Here are the steps you need to take to make your investment.
Step 1: Login or Register
Create an account or log in to the Torus Digital website or the Bank of India Mutual Fund website.
Step 2: Confirm Identity Proof
Use Digilocker to digitally verify your identity without needing physical documents.
Step 3: Level of Risk
Assess your risk tolerance. It can be low, medium, or high. This will determine the appropriate investment strategy.
Step 4: Select a Mutual Fund Scheme
Pick a mutual fund scheme that aligns with your financial goals and risk level.
Step 5: Decide the investment amount
Decide whether to invest a one-time lump sum amount or set up a Systematic Investment Plan (SIP).
Step 6: SIP Placement
Opt for a unique same-day SIP or choose a specific day for your SIP investments.
Your Torus account will reflect the Bank of India Mutual Fund in India you have invested in within 3 to 4 working days.
Top 10 Bank of India Mutual Fund
| Scheme Name | Min. Invest | AUM (In Cr) | ||
|---|---|---|---|---|
Bank of India Credit Risk Fund - Direct Credit Risk Fund | Debt | 17.41% | ₹5,000 | ₹86.74 | |
Bank of India Manufacturing & Infrastr Fund-Dir (G) Sectoral / Thematic | Equity | 17.07% | ₹5,000 | ₹836.52 | |
Bank of India Small Cap Fund - Direct (G) Small Cap Fund | Equity | 15.95% | ₹5,000 | ₹2,572.40 | |
Bank of India Multi Cap Fund - Direct (G) Multi Cap Fund | Equity | 12.28% | ₹5,000 | ₹1,186.47 | |
Bank of India Multi Asset Allocation Fund-Dir (G) Multi Asset Allocation | Hybrid | 11.59% | ₹5,000 | ₹364.74 | |
Bank of India Flexi Cap Fund - Direct (G) Flexi Cap Fund | Equity | 9.88% | ₹5,000 | ₹2,615.05 | |
Bank of India Mid & Small Cap Equity & Debt Fund-Dir (G) Aggressive Hybrid Fund | Hybrid | 9.74% | ₹5,000 | ₹1,695.32 | |
Bank of India Large & Mid Cap Fund - Dir (G) Large & Mid Cap Fund | Equity | 7.35% | ₹5,000 | ₹491.08 | |
Bank of India Balanced Advantage Fund - Direct (G) Dynamic Asset Allocation or Balanced Advantage | Hybrid | 6.62% | ₹5,000 | ₹169.80 | |
Bank of India Money Market Fund - Direct (G) Money Market Fund | Debt | 6.40% | ₹5,000 | ₹417.46 | |
Top 10 Bank of India Mutual Fund
Bank of India Credit Risk Fund - Direct
Equity | Credit Risk Fund
1Y returns
17.41%Min. Invest
₹5,000
AUM
₹86.74 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 17.41%, 10.00%, and 27.73%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹-.
Bank of India Manufacturing & Infrastr Fund-Dir (G)
Equity | Sectoral / Thematic
1Y returns
17.07%Min. Invest
₹5,000
AUM
₹836.52 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 17.07%, 25.59%, and 22.57%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India Small Cap Fund - Direct (G)
Equity | Small Cap Fund
1Y returns
15.95%Min. Invest
₹5,000
AUM
₹2,572.40 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 15.95%, 23.03%, and 20.23%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India Multi Cap Fund - Direct (G)
Equity | Multi Cap Fund
1Y returns
12.28%Min. Invest
₹5,000
AUM
₹1,186.47 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 12.28%, 20.59%, and 23.94%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹250.
Bank of India Multi Asset Allocation Fund-Dir (G)
Equity | Multi Asset Allocation
1Y returns
11.59%Min. Invest
₹5,000
AUM
₹364.74 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 11.59%, 11.30%, and 11.30%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹250.
Bank of India Flexi Cap Fund - Direct (G)
Equity | Flexi Cap Fund
1Y returns
9.88%Min. Invest
₹5,000
AUM
₹2,615.05 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 9.88%, 21.74%, and 17.90%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India Mid & Small Cap Equity & Debt Fund-Dir (G)
Equity | Aggressive Hybrid Fund
1Y returns
9.74%Min. Invest
₹5,000
AUM
₹1,695.32 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 9.74%, 19.72%, and 15.37%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India Large & Mid Cap Fund - Dir (G)
Equity | Large & Mid Cap Fund
1Y returns
7.35%Min. Invest
₹5,000
AUM
₹491.08 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 7.35%, 15.57%, and 13.63%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India Balanced Advantage Fund - Direct (G)
Equity | Dynamic Asset Allocation or Balanced Advantage
1Y returns
6.62%Min. Invest
₹5,000
AUM
₹169.80 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 6.62%, 9.63%, and 11.29%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹250.
Bank of India Money Market Fund - Direct (G)
Equity | Money Market Fund
1Y returns
6.40%Min. Invest
₹5,000
AUM
₹417.46 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 6.40%, 7.20%, and 7.20%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India Liquid Fund - Direct (G)
Equity | Liquid Fund
1Y returns
6.36%Min. Invest
₹5,000
AUM
₹1,339.28 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 6.36%, 6.99%, and 6.28%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹-.
Bank of India Ultra Short Duration Fund - Direct (G)
Equity | Ultra Short Duration Fund
1Y returns
6.30%Min. Invest
₹5,000
AUM
₹147.88 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 6.30%, 6.87%, and 6.11%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India Large Cap Fund - Direct (G)
Equity | Large Cap Fund
1Y returns
6.25%Min. Invest
₹5,000
AUM
₹220.36 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 6.25%, 14.01%, and 12.30%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India Arbitrage Fund - Direct (G)
Equity | Arbitrage Fund
1Y returns
6.05%Min. Invest
₹5,000
AUM
₹47.83 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 6.05%, 6.86%, and 5.73%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India Overnight Fund - Direct (G)
Equity | Overnight Fund
1Y returns
5.58%Min. Invest
₹5,000
AUM
₹42.87 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 5.58%, 6.30%, and 5.77%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹-.
Bank of India Short Term Income - Direct (G)
Equity | Short Duration Fund
1Y returns
5.45%Min. Invest
₹5,000
AUM
₹270.71 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 5.45%, 7.65%, and 10.77%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India Consumption Fund - Direct (G)
Equity | Sectoral / Thematic
1Y returns
3.20%Min. Invest
₹5,000
AUM
₹360.83 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 3.20%, 7.92%, and 7.92%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India Conservative Hybrid Fund - Direct (G)
Equity | Conservative Hybrid Fund
1Y returns
3.12%Min. Invest
₹5,000
AUM
₹65.13 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 3.12%, 7.21%, and 10.32%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India Business Cycle Fund - Direct (G)
Equity | Sectoral / Thematic
1Y returns
2.96%Min. Invest
₹5,000
AUM
₹463.06 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 2.96%, -1.33%, and -1.33%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹5000, while the SIP option requires a minimum of ₹1,000.
Bank of India ELSS Tax Saver - Direct (G)
Equity | ELSS
1Y returns
2.84%Min. Invest
₹500
AUM
₹1,406.09 Cr
Fund Performance:
Over the last 1, 3, and 5 years, the fund has delivered annualized returns of approximately 2.84%, 15.02%, and 13.43%, respectively. This fund is part of the Equity category.
Minimum Investment Requirements:
You can start with a lump sum of ₹500, while the SIP option requires a minimum of ₹500.
FAQ’s
How to Start Bank of India Mutual Fund SIP Online?
Log in or register on Torus Digital or the Bank of India Mutual Fund website. Validate your identity using Digilocker. Choose your risk level, select a mutual fund scheme, and decide between a lump sum or SIP.
How to Calculate Bank of India Mutual Fund SIP?
Use our Bank of India SIP Calculator and Bank of India Lumpsum Calculator to estimate your returns based on your investment amount, duration and expected rate of return.
How to Redeem Bank of India Mutual Fund?
Log in to your account on Torus Digital or the Bank of India Mutual Fund website. Select the mutual fund you wish to redeem, enter the number of units, and confirm the transaction.
How Much Time Does It Take to Redeem Bank of India Mutual Fund?
It typically takes 1-3 working days for the redeemed amount to be credited to your bank account, depending on the type of fund.
Why Should I Invest in Bank of India Mutual Fund?
Bank of India Mutual Fund offers a diverse range of high-performing schemes, robust risk management, and innovative investment solutions, making it a reliable choice for achieving long-term financial goals.
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