Mutual Funds Reports News Details
Change in Minimum Redemption amount in following schemes of Bank of India Mutual Fund:
(13-Jul-26 13:34)
Bank of India Mutual Fund has announced a Change in Minimum Redemption Amount, with effective from July 17, 2026.
Change in Minimum Redemption amount in following schemes of Bank of India Mutual Fund:
| Scheme Name | Existing | Revised |
|---|---|---|
| Bank of India Large Cap Fund Bank of India Banking & Financial Services Fund Bank of India Large & Mid Cap Fund Bank of India Manufacturing & Infrastructure Fund Bank of India Mid Cap Fund Bank of India Multi Cap Fund Bank of India Flexi Cap Fund Bank of India Small Cap Fund Bank of India Balanced Advantage Fund Bank of India Multi Asset Allocation Fund Bank of India Mid & Small Cap Equity & Debt Fund Bank of India Conservative Hybrid Fund Bank of India Overnight Fund Bank of India Ultra Short Duration Fund Bank of India Money Market Fund Bank of India Consumption Fund Bank of India Arbitrage Fund Bank of India Short term Income Fund Bank of India Liquid Fund | Rs. 1,000/- (or equivalent Unit value) or account balance, whichever is lower. | ' Rs. 1 and in multiples of Rs. 1/-therafter |
| Bank of India Credit Risk Fund | ' Rs. 1,000/- and in multiples of Re. 1/- thereafter | ' Rs. 1 and in multiples of Rs. 1/-therafter |
| Bank of India Business Cycle Fund | ' There is no minimum and maximum limit on the amount/units which can be redeemed/switched-out. The investor is free to redeem any or all units outstanding in his/her/their folio. | ' Rs. 1 and in multiples of Rs. 1/-therafter |
| Bank of India ELSS Tax Saver | ' Rs. 500/- (or equivalent Unit value) or account balance, whichever is lower | ' Rs. 1 and in multiples of Rs. 1/-therafter |
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