| Launch date | 08 Jan 2026 |
| Allotment date | 30 Jan 2026 |
| End date | 22 Jan 2026 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 60 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
NA
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹5,000 |
| Min. for SIP | ₹1,000 |
Fund management
Nilesh JethaniJan 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | #31 in India |
|---|---|
| Total AUM | ₹13,863.08Cr |
| Date of Incorporation | 31 Mar 2008 |
|---|
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 ₹13,863 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 Very High 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 benchmark | NIFTY Financial Services Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Fund name | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Franklin India Technology Fund Direct Growth | NA | -1.1% | 25.5% | 1,956.54 |
Franklin India Mid Cap Fund Direct Growth | 3 | 3.2% | 23.2% | 12,911.38 |
Nippon India Small Cap Fund Direct Growth | 4 | -3.8% | 21.9% | 68,287.15 |
Franklin India Small Cap Fund Direct Growth | 3 | -5.6% | 21.0% | 13,529.48 |
HDFC Small Cap Fund Direct Growth | 4 | 0.3% | 20.9% | 38,020.31 |