Bank of India Mutual Fund : MF Schemes List, AUM, Risk, Returns

Q: Are Bank of India Mutual Fund mutual fund's schemes safe to invest in?

Ans: Yes, Bank of India Mutual Fund mutual fund schemes are considered safe investments. In India, all Asset Management Companies (AMC), including Bank of India Mutual Fund, are regulated by SEBI (Securities and Exchange Board of India) and AMFI (Association of Mutual Funds in India). The mutual fund industry operates under strict regulations to safeguard investors' interests. However, it's crucial for investors to conduct thorough research to ensure that the specific fund schemes align with their financial goals and risk tolerance.

Q: Are Bank of India Mutual Fund mutual funds tax-free?

Ans: Bank of India Mutual Fund Mutual Fund schemes are not tax free. Mutual fund capital gains are subject to capital gains tax. In the case of equity mutual funds, mutual fund units sold within a year of purchase will attract a 20% tax on profits. Gains from mutual funds held for more than a year are taxed at 12.5%. For debt funds, the debt fund units sold within three years will be taxed as per the income tax slab. For debt funds held for over three years, the tax rate is 12.5% without indexation benefits.

Q: Which are the top performing funds of Bank of India Mutual Fund?

Here are some of the best-performing funds from Bank of India Mutual Fund AMC based on past 5-year returns: Fund Name 5-Year Return (%) Bank of India Ultra Short Duration Fund 5.04% Bank of India Overnight Fund 0% Bank of India Arbitrage Fund 4.28% Bank of India Liquid Fund 5.32% Bank of India Conservative Hybrid Fund 11.79%

Q: Are Bank of India Mutual Fund a good choice for long-term capital appreciation?

Ans: Yes, Bank of India Mutual Fund AMC is good for long-term capital appreciation. The equity schemes under the AMC have performed well over the long term and delivered returns above the category average. Visit the Rupeezy Invest App to check Bank of India Mutual Fund AMC fund performance.

Q: How can I check my Bank of India Mutual Fund mutual funds status on Rupeezy?

Ans: You can log in to your Rupeezy app and view your portfolio which will show you the current value as per the prevailing NAV on the last closing business day.

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Bank of India Mutual Fund

Bank of India Investment Managers Private Limited (Formerly BOI Star Investment Managers Private Limited) (Formerly BOI AXA Investment Managers Private Limited) is a wholly owned subsidiary of Bank of India. Bank of India is a nationalised bank with 5100+ branches all over India. Bank of India acquired 51% stake in Bharti AXA mutual fund in 2012 and, later acquired the remaining stake as well. The AMC has 18 years of experience managing assets for their investors. Bank of India Mutual Fund holds a portfolio of 17 diversified Mutual Fund Schemes with 4 lakhs+ investors and AUM of Rs. 9,055 Cr as on June 30, 2024. The AMC’s has 12 branches across India to serve its investor base.

List of All Bank of India Mutual Fund

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Hybrid

ELSS

Index

Fund Name	3Y Return	Risk	Cat. Avg
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Details of Bank of India Mutual Fund

Founding Date	August 13, 2007
Address	B/204, Tower 1,Peninsula CorporatePark, Ganpatrao kadam marg,Lower Parel, Mumbai - 400013
Email	service@boimf.in
Telephone	022 - 61249000

Documents Required to Invest

To invest in Bank of India Mutual Fund schemes, there is no physical documentation required. You need to upload the following KYC documents online:

Proof of Identity (PAN, Aadhaar)
Proof of Address (Aadhaar)

How to Invest in Bank of India Mutual Fund

Step 1: Download the Rupeezy App if you do not have an account.

Step 2: If you are a first-time user, you need to submit your KYC documents like PAN, Aadhaar, add personal details, and complete the account verification.

Step 3: Select Bank of India Mutual Fund and review the scheme list in each category.

Step 4: Assess the funds' performance and risk parameters.

Step 5: Select the appropriate category as per your financial goal and risk appetite.

Step 6: Compare the selected fund with other funds in its category using Smart Explore on a visual graph.

Step 7: Check fund portfolio overlap among all funds in your portfolio. Check the fund impact on your overall portfolio with the Impact Analysis feature.

Step 8: Select the fund, add lumpsum, or SIP, and set up payment with UPI or net banking.

Bank of India Mutual Fund FAQs

Q1. Are Bank of India Mutual Fund mutual fund's schemes safe to invest in?

Q2. Are Bank of India Mutual Fund mutual funds tax-free?

Q3. Which are the top performing funds of Bank of India Mutual Fund?

Fund Name	5-Year Return (%)
Bank of India Ultra Short Duration Fund	5.04%
Bank of India Overnight Fund	0%
Bank of India Arbitrage Fund	4.28%
Bank of India Liquid Fund	5.32%
Bank of India Conservative Hybrid Fund	11.79%

Q4. Are Bank of India Mutual Fund a good choice for long-term capital appreciation?

Q5. How can I check my Bank of India Mutual Fund mutual funds status on Rupeezy?

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