Bank of India Consumption Fund Direct Growth

Bank of India Consumption 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. Nitin Gosar is the Current Fund Manager of Bank of India Consumption Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹12,025 Cr and the Latest NAV as of 11 Jul 2025 is ₹10.85. The Bank of India Consumption 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 provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors. ;