Bank of India Banking & Financial Services Fund Direct Growth

Bank of India Banking & Financial Services Fund Direct Growth

NAV: 08 Jan '26
₹10.00
Min. SIP amount
₹1,000
Fund size
₹0.00 Cr
Expense ratio
0.00%

Minimum investments

Min. for 1st investment
₹5,000
Min. for 2nd investment
₹5,000
Min. for SIP
₹1,000

Returns and rankings

Annualised returns
Absolute returns
Name1M3M6MAll
Fund returns--------
Category average (null null)--------
Rank (null null)--------

Exit load, stamp duty and tax

Exit load

Exit load of 1%, if redeemed within 60 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

NA
Check past data

Compare similar funds

Fund management

NJ
Nilesh Jethani
Jan 2026 - Present
View details

Education
Mr. Jethani has done Bachelor of Financial Markets from HR College and Postgraduate Program in Global Financial Markets from BSE Institute Ltd.
Experience
Prior to joining Bank of India Mutual Fund, he has worked with HDFC Securities, HDFC Bank, and ASK Investment Managers

About Bank of India Banking & Financial Services Fund Direct Growth

Bank of India Banking & Financial Services Fund Direct Growth is a NA Mutual Fund Scheme launched by Bank of India Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Nilesh Jethani is the Current Fund Manager of Bank of India Banking & Financial Services Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹13,696 Cr and the Latest NAV as of 08 Jan 2026 is ₹10.00. The Bank of India Banking & Financial Services Fund Direct Growth is rated NA risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 1%, if redeemed within 60 days. ;

Investment Objective

The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of banking and financial services companies.
Fund benchmarkNIFTY Financial Services Total Return Index

Fund house

Rank (total assets)#31 in India
Total AUM₹13,696.42 Cr
Date of Incorporation31 Mar 2008
Launch Date31 Mar 2008
AddressB/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
CustodianDeutsche Bank
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,