Mutual Funds Reports News Details
Bank of India Mutual Fund announces change in Exit Load Structure
(13-Jul-26 12:30)
Bank of India Mutual Fund has announced change in exit load structure under following schemes stands revised with immediate effect
Change in Exit Load:
| Name of the Scheme | Existing | Revised |
|---|---|---|
| Bank of India Large Cap Fund | ' For redemption/switch out of the initial units allotted -within 3 months from the date of allotment: 1% of Exit Load ' Any redemption/switch out from the date of allotment of units after 3 months-Nil
| ' If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 3 months from the date of allotment: Nil |
| Bank of India Banking & Financial Services Fund | ' For redemption/switch out of units within 60 days from the date of allotment: 1% ' Any redemption/switch out after 60 days from the date of allotment of units: NIL | ' If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 3 months from the date of allotment: Nil |
| Bank of India Large & Mid Cap Fund | ' For redemption/switch out upto 10% of the initial units allotted -within 1 year from the date of allotment: 'NIL' ' Any redemption/switch out - in excess of the above mentioned limit would be subject to an exit load of 1%, if the units are redeemed/ switched out within 1 year from the date of allotment of units. ' If the units are redeemed/switched out after 1 year from the date of allotment of units : 'Nil' | ' If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 3 months from the date of allotment: Nil |
| Bank of India Manufacturing & Infrastructure Fund | ' For redemption/switch out upto 10% of the initial units allotted -within 1 year from the date of allotment: 'NIL' ' Any redemption/switch out - in excess of the above mentioned limit would be subject to an exit load of 1%, if the units are redeemed/ switched out within 1 year from the date of allotment of units. ' If the units are redeemed/switched out after 1 year from the date of allotment of units : 'Nil' | ' If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 3 months from the date of allotment: Nil |
| Bank of India Mid Cap Fund | ' For redemption/switch out of units within 60 days from the date of allotment: 1% ' Any redemption/switch out after 60 days from the date of allotment of units: NIL | ' If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 3 months from the date of allotment: Nil |
| Bank of India Multi Cap Fund | ' For redemption/switch out Upto 10% of the initial units allotted - within 1 year from the date of allotment: 'NIL' ' Any redemption/switch out in excess of the above mentioned limit would be subject to an exit load of 1%, if the units are redeemed/ switched out within 1 year from the date of allotment of units. ' Any redemption/switch out from the date of allotment of units after 1 year: NIL. | ' If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 3 months from the date of allotment: Nil |
| Bank of India Flexi Cap Fund | ' For redemption/switch out of the initial units allotted -within 3 months from the date of allotment: 1% of Exit Load ' Any redemption/switch out from the date of allotment of units after 3 months-Nil | ' If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 3 months from the date of allotment: Nil |
| Bank of India Small Cap Fund | ' For redemption/switch out upto 10% of the initial units allotted -within 1 year from the date of allotment: 'NIL' ' Any redemption/switch out - in excess of the above mentioned limit would be subject to an exit load of 1%, if the units are redeemed/switched out within 1 year from the date of allotment of units. ' If the units are redeemed/switched out after 1 year from the date of allotment of units : 'Nil | ' If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 3 months from the date of allotment: Nil |
| Bank of India Balanced Advantage Fund | ' For redemption/switch out of the initial units allotted - within 3 months from the date of allotment: 1% of Exit load. ' Any redemption/switch out from the date of allotment of units after 3 months: NIL. | ' If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 3 months from the date of allotment: Nil |
| Bank of India Multi Asset Allocation Fund | ' For redemption/switch out upto 10% of the initial units allotted -within 1 year from the date of allotment: 'NIL' ' Any redemption/switch out - in excess of the above mentioned limit would be subject to an exit load of 1%, if the units are redeemed/switched out within 1 year from the date of allotment of units. ' If the units are redeemed/switched out after 1 year from the date of allotment of units : 'Nil' | ' If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 3 months from the date of allotment: Nil |
| Bank of India Mid & Small Cap Equity & Debt Fund | ' For redemption/switch out of initial units allotted within 3 months from the date of allotment:1% Exit Load ' Any redemption/switch out from the date of allotment of units after 3 months: NIL | ' If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 3 months from the date of allotment: Nil |
| Bank of India Conservative Hybrid Fund | ' For redemption/switch out upto 10% of the initial units allotted -within 1 year from the date of allotment: 'NIL' ' Any redemption/switch out - in excess of the above mentioned limit would be subject to an exit load of 1%, if the units are redeemed/switched out within 1 year from the date of allotment of units. ' If the units are redeemed/switched out after 1 year from the date of allotment of units : 'Nil' | ' If redeemed/ switched-out within 3 months from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 3 months from the date of allotment: Nil |
| Bank of India Credit Risk Fund | ' 3% if redeemed within 24 months from the date of allotment ' 2% if redeemed after 24 months but within 36 months from the date of allotment ' Nil if redeemed after 36 months from the date of allotment | ' If redeemed/ switched-out within 1 year from the date of allotment: - For 10% of investments: Nil - For remaining investments:1% ' If redeemed/ switched-out after 1 year from the date of allotment: Nil |
Powered by Capital Market - Live News
