| Launch date | 28 Aug 2026 |
| Allotment date | 21 Sep 2026 |
| End date | 11 Sep 2026 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: --
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | Not Supported |
| Min. for 2nd investment onwards | Not Supported |
| Min. for SIP | ₹1,000 |
Fund management
Nav BhardwajAug 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | #31 in India |
|---|---|
| Total AUM | ₹18,386.72Cr |
| Date of Incorporation | 31 Mar 2008 |
|---|
Bank of India Value 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. Nav Bhardwaj is the Current Fund Manager of Bank of India Value Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹18,387 Cr and the Latest NAV as of 28 Aug 2026 is ₹10.00. The Bank of India Value Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. 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 longterm capital appreciation by predominantly investing in equity and equity related instruments by following a value investment strategy. ;
| Fund benchmark | NIFTY 500 Total Return Index |
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