Bank of India Mutual Fund has launched a new equity scheme — Bank of India Mid Cap Fund, now open for subscription from 31st July to 14th August 2025. With a very high-risk profile, this NFO aims to generate long-term capital appreciation by investing primarily in mid-cap companies.
Key NFO Details
| Details | Information |
| Fund Name | Bank of India Mid Cap Fund (Direct – Growth) |
| NFO Period | 31 July 2025 to 14 August 2025 |
| Allotment Date | 22 August 2025 |
| Category | Equity – Mid Cap |
| Risk Level | Very High |
| Fund Type | Open-ended |
| Benchmark | NIFTY Midcap 150 TRI |
| Minimum Investment | ₹5,000 (lumpsum) |
| Exit Load | Exit load of 1%, if redeemed within 60 days |
| Short term capital gains (STCG) | Returns taxed at 20% if you redeem before 1 year |
| Long term capital gains (LTCG) | After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5% |
Investment Objective
The scheme aims 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.
How Does This Compare with the Category?
| Time Period | Category Avg. Returns (CAGR) |
| 1 Year | 5.75% |
| 3 Years | 20.46% |
| 5 Years | 21.46% |
| 7 Years | 21.72% |
| 10 Years | 18.36% |
| 15 Years | 18.12% |
| Since Inception | 16.70% |
Should You Invest in This NFO?
Investing in an NFO makes sense if:
• You want focused exposure to mid-cap companies with high growth potential.
• You are comfortable with very high risk and long-term volatility.
• You believe in Bank of India Mutual Fund’s equity investment strategy.
However, note that NFOs do not offer historical performance data, so they are better suited for informed and risk-tolerant investors.
Also Read:
- Aditya Birla Sun Life BSE 500 Quality 50 Index Fund NFO: A Passive Equity Strategy for 2025
- SBI Nifty100 Low Volatility 30 Index Fund NFO: Targeting Stability in Volatile Markets
- ICICI Prudential Active Momentum Fund NFO: Capturing Market Trends for Growth
- Franklin India Multi Asset Allocation Fund NFO: A High-Risk, Diversified Strategy for 2025
- Zerodha Multi Asset Passive FoF NFO: A Diversified Passive Approach for 2025
About Bank of India Mutual Fund
| Details | Information |
| Total AUM | ₹12,458 Cr (as on June 30, 2025) |
| Number of Schemes | 20 |
Some of their other equity funds include:
| Fund Name | AUM (₹ Cr) | 1Y Return | 5Y CAGR |
| Bank of India Small Cap Fund | 1,908 | 2.55% | 33.72% |
| Bank of India Manufacturing & Infrastructure Fund | 607 | 0.74% | 31.09% |
| Bank of India Flexi Cap Fund | 2,209 | -2.25% | 27.67% |
| Bank of India ELSS Tax Saver Fund | 1,432 | -5.35% | 23.74% |
| Bank of India Large & Mid Cap Fund | 418 | -2.45% | 21.88% |
| Bank of India Multi Cap Fund | 902 | 1.43% | N.A. |
Final Thoughts
If you’re looking for growth opportunities in India’s mid-cap space, the Bank of India Mid Cap Fund NFO could be an option worth exploring.
Before investing, read the scheme document thoroughly and evaluate whether the fund aligns with your investment goals and risk appetite.
