Bank of India Mutual Fund

About Bank of India Mutual Fund

Bank of India Investment Managers Private Limited, formerly known as BOI Star Investment Managers Private Limited and BOI AXA Investment Managers Private Limited, is a wholly owned subsidiary of Bank of India (BOI). With more than 14 years of experience in fund management, the AMC focuses on meeting the investment objectives of its investors and offers around 17 mutual fund schemes diversified across various sectors and asset classes. The Bank of India Mutual Fund team provides a range of investment solutions to cater to different investor needs. Its key management team includes Mohit Bhatia as CEO and MD, Alok Singh as CIO, and Roshni Pawar as Investor Service Officer.

As of June 30, 2026, the fund house manages 22 mutual fund schemes, serving over 9.03 lakh investors with ₹15,961.44 crore in assets under management (AUM). It also has 16 branches across India.

Bank of India Mutual Funds Key Information

How to Invest in Bank of India Mutual Fund via Angel One?

Investing in the Bank of India Mutual Fund can be easy if you use your Angel One account. All you need to do is follow these steps: 

Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN. 
Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to consider at this stage are:

1. Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
2. Analyse the fund’s past performance, tax implications, and the sectors and companies in which it invests. You can also calculate the potential returns using the calculator.
3. Evaluate the fund’s level of risk and weigh it against your risk tolerance.
4. Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
5. Consider the fund’s expense ratio to get an idea about the cost of investing in it.

Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in.

1. Decide whether you want to invest in a lump sum or via monthly SIP.
2. Next, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking.
3. After placing the order, in the case of the SIP route of investment, you can create a mandate to make hassle-free future instalments.

You can learn more about each fund on the Angel One app.

Note: In case you do not have an account with Angel One, you can open a demat account with us in under a few minutes by submitting the necessary documents. 

Documents Required To Invest in Bank of India Mutual Fund

Investing in BOI Mutual Funds through Angel One is a seamless, fully digital process, eliminating any hassles from your investment journey. To initiate the KYC process, you'll need to provide the following crucial documents:

1. PAN Card Details (Mandatory)
2. Personal Information, including your Full Name, Mobile Number, and Email Address.
3. Address Proof – Aadhar Card is recommended, and both its front and back sides are necessary.
4. Bank Account Details, along with a cancelled cheque, if required.
5. Nominee details and FATCA Declarations

Angel One simplifies the KYC verification, providing swift and efficient access to BOI Mutual Funds, whether you're a new or returning investor. Our user-friendly platform makes your financial goals easily achievable. Your KYC process will be completed in just 48-72 business hours, allowing you to embark on your mutual fund journey promptly.

Top 10 Bank of India Mutual Funds To Invest In

Note: The above data is as of February 2026

Bank of India Mfg & Infra Fund

Bank of India Mfg & Infra Fund is managed by Nitin Gosar and was launched on March 5, 2010. It is benchmarked against the S&P BSE India Infrastructure Total Return Index (TRI) in INR. The primary objective of the scheme is to achieve long-term capital appreciation by investing mainly in equity and equity-related securities of companies operating in the manufacturing and infrastructure sectors. 

This is a sectoral infrastructure fund that primarily invests in companies related to manufacturing and infrastructure, making it suitable for investors seeking sector-focused growth opportunities.  

Bank of India Flexi Cap Fund

Bank of India Flexi Cap Fund is managed by Alok Singh and was launched on June 29, 2020. It tracks the performance of the BSE 500 India Total Return Index (TRI) in INR as its benchmark. The scheme aims to achieve long-term capital growth by primarily investing in equity and equity-related instruments across different market capitalisations.

A flexi-cap fund that can allocate investments across large-, mid-, and small-cap stocks, offering diversification and flexibility based on market conditions

Bank of India Small Cap Fund

Bank of India Small Cap Fund is managed by Alok Singh and Nav Bhardwaj and was launched on December 19, 2018. It is benchmarked against the Nifty Smallcap 250 Total Return Index (TRI) in INR. The scheme seeks to deliver long-term capital appreciation by primarily investing in equity and equity-related instruments of small-cap companies.

This small-cap fund focuses on emerging companies with high growth potential but also carries relatively higher risk and volatility.

Bank of India Mid & Small Cap Equity & Debt Fund

Bank of India Mid & Small Cap Equity & Debt Fund is managed by Alok Singh and was launched on July 20, 2016. It is benchmarked against the CRISIL Short Term Bond Total Return Index (TRI) in INR. The scheme aims to offer investors a combination of capital appreciation and income by investing in a portfolio comprising mid- and small-cap equity and equity-related securities along with fixed income instruments. 

An aggressive hybrid fund that combines equity investments in mid- and small-cap stocks with debt instruments to balance growth and risk.

Bank of India ELSS Tax Saver Fund

Bank of India ELSS Tax Saver Fund is managed by Alok Singh and was launched on February 25, 2009. It is benchmarked against the BSE 500 India Total Return Index (TRI) in INR. The scheme aims to achieve long-term capital growth by investing in a diversified portfolio that primarily includes equity and equity-related securities across various market capitalisations, functioning as a multi-cap fund.

An equity-linked savings scheme (ELSS) that provides tax benefits under applicable laws while investing mainly in equities for long-term capital appreciation.

Bank of India Large Cap Fund

Bank of India Large Cap Fund is managed by Alok Singh and Nilesh Jethani and was launched on June 29, 2021. It is benchmarked against the Nifty 100 Total Return Index (TRI) in INR. The scheme seeks to offer investors long-term capital appreciation by primarily investing in equity and equity-related instruments of large-cap companies. 

A large-cap fund that predominantly invests in well-established companies, generally offering relatively stable returns compared with mid- and small-cap funds.

Bank of India Large & Mid Cap Fund

Bank of India Large & Mid Cap Fund is managed by Nitin Gosar and was launched on October 21, 2008. It is benchmarked against the BSE 250 LargeMidcap Total Return Index (TRI) in INR. The scheme aims to generate both income and long-term capital appreciation by investing in a diversified portfolio that primarily consists of large- and mid-cap equity and equity-related securities, including equity derivatives. 

This category blends investments in large- and mid-cap companies to balance stability with growth potential.

Bank of India Midcap Tax Fund – Sr 1 

Bank of India Midcap Tax Fund – Sr 1 is managed by Nilesh Jethani and was launched on February 26, 2018. It is benchmarked against the BSE 500 India Total Return Index (TRI) in INR. The scheme aims to achieve capital appreciation over a period of ten years by primarily investing in equity and equity-related securities of mid-cap companies while also offering income tax benefits.

An ELSS-oriented mid-cap focused fund designed to deliver long-term growth along with tax-saving benefits.  

Bank of India Midcap Tax Fund – Sr 2 

Bank of India Midcap Tax Fund – Sr 2 is managed by Nilesh Jethani and was launched on October 19, 2018. It is benchmarked against the BSE 500 India Total Return Index (TRI) in INR. The scheme aims to deliver capital appreciation over a ten-year period by primarily investing in equity and equity-related instruments of mid-cap companies, while also providing income tax benefits to investors.

Similar to Sr 1, this ELSS category fund emphasizes mid-cap equities while providing tax advantages and long-term appreciation potential.  

Bank of India Balanced Advantage Fund 

Bank of India Balanced Advantage Fund is managed by Alok Singh and was launched on March 14, 2014. It is benchmarked against the Nifty Composite Debt Index Total Return Index (TRI) in INR. The scheme seeks to provide investors with long-term capital appreciation and income through a dynamically managed allocation between equity and debt instruments. 

A balanced advantage fund that dynamically adjusts allocation between equity and debt to manage market volatility and generate relatively stable returns.