| Launch date | 10 Feb 2023 |
| Allotment date | 03 Mar 2023 |
| End date | 24 Feb 2023 |
| NAV | ₹10.00 |
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
A form of tax payable for the purchase or sale of an asset or security.
Inclusive of GST
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
0.005% (from July 1st, 2020)
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
| Rank (total assets) | #31 in India |
|---|---|
| Total AUM | ₹14,671.20Cr |
| Date of Incorporation | 31 Mar 2008 |
|---|
Bank of India Multi Cap 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 Multi Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹14,671 Cr and the Latest NAV as of 02 Apr 2026 is ₹17.65. The Bank of India Multi Cap 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 1 year. ;
The scheme seeks to generate long term capital appreciation by investing in equity and equity-related securities across various market capitalisation. ;
| Fund benchmark | Nifty 500 Multicap 50:25:25 Total Return Index |
|---|
| Equity, Multi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Kotak Multicap Fund Direct Growth | 5 | 5.3% | 22.5% | 23,886.02 |
Axis Multicap Fund Direct Growth | 4 | 1.6% | 21.1% | 9,361.08 |
HSBC Multi Cap Fund Direct Growth | 5 | 3.1% | 20.8% | 5,301.35 |
Nippon India Multi Cap Fund Direct Growth | 5 | 2.1% | 19.5% | 50,820.01 |
ICICI Prudential Multicap Fund Direct Plan Growth | 4 | 0.3% | 18.1% | 16,315.09 |