Bank of India Business Cycle Fund Direct Growth

Bank of India Business Cycle Fund Direct Growth is a Equity Mutual Fund Scheme launched by Bank of India Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Alok Singh is the Current Fund Manager of Bank of India Business Cycle Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,097 Cr and the Latest NAV as of 10 Dec 2024 is ₹10.44. The Bank of India Business Cycle Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. ;

Investment Objective

The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. ;