About Bank of India Mutual Fund
Bank of India Mutual Fund is a wholly owned subsidiary of Bank of India, a leading public sector bank in India. The AMC was originally launched as Bharti AXA Mutual Fund in 2008. In 2012, Bank of India acquired a 51% stake, marking its entry into the mutual fund space. Nearly a decade later, in 2021, it acquired the remaining 49% stake, becoming the sole owner. Following this, the fund house was rebranded as Bank of India Mutual Fund, bringing it fully under the BOI brand. As of March 31, 2026, it manages assets worth ₹14,171 crore.
- Bank of India Mutual Fund offers 21 mutual fund schemes as of Nov 2025
- Out of these, 10 are equity schemes, 5 are hybrid schemes, and 6 are debt schemes.
- Bank of India Flexi Cap Fund, Bank of India Small Cap Fund, and Bank of India Liquid Fund are the company’s largest schemes in terms of AUM as of Oct 31, 2025.
📊 Bank of India Mutual Fund Schemes
| Category | Scheme Name |
|---|---|
| Equity Funds | Bank of India Large Cap Fund, Bank of India Large & Mid Cap Fund, Bank of India Flexi Cap Fund, Bank of India Mid Cap Fund, Bank of India Small Cap Fund, Bank of India Consumption Fund, Bank of India Multi Cap Fund, Bank of India ELSS Tax Saver, Bank of India Business Cycle Fund, Bank of India Manufacturing & Infrastructure Fund, Bank of India Banking & Financial Services Fund |
| Hybrid Funds | Bank of India Mid & Small Cap Equity & Debt Fund, Bank of India Balanced Advantage Fund, Bank of India Multi Asset Allocation Fund, Bank of India Conservative Hybrid Fund, Bank of India Arbitrage Fund |
| Debt Funds | Bank of India Money Market Fund, Bank of India Short Term Income Fund, Bank of India Ultra Short Duration Fund, Bank of India Liquid Fund, Bank of India Credit Risk Fund, Bank of India Overnight Fund |
🔑 Key Highlights
- Equity Schemes: Cover large-cap, mid-cap, small-cap, multi-cap, sectoral (Banking, Consumption, Manufacturing), and thematic (Business Cycle) strategies.
- Hybrid Schemes: Offer balanced, conservative, arbitrage, and multi-asset allocation options for diversified risk.
- Debt Schemes: Range from liquid and overnight funds for short-term parking to credit risk and short-term income funds for yield-seeking investors.
⚠️ Things to Keep in Mind
- Performance varies: Returns differ across categories; equity funds are more volatile, while debt/liquid funds are relatively stable.
- Taxation: ELSS Tax Saver offers Section 80C benefits, while debt funds are taxed differently post-2023 amendments.
- Suitability: Choose based on your investment horizon, risk appetite, and financial goals.
Key Information
| Mutual Fund Name | Bank of India Mutual Fund |
| Inception Date | Mar 31, 2008 |
| Trustee Organisation | Bank of India Trustee Services Private Limited |
| MD and CEO | Mohit Bhatia |
| Chief Investment Officer | Alok Singh |
| Investors Relations Officer | Roshni Pawar |
| AUM Updated On | Mar 31, 2026 |
Customer Care Details
For any query regarding any schemes offered by Bank of India Mutual Fund, please contact at the following address:
Registered Address | B/204-Tower 1, , Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400013. Branch Timing (9 am – 6 pm) |
| service@boiaxa-im.com |