MUTUAL FUNDS
Bank of India Mutual Fund files offer document for Aggressive Hybrid Active FOF
Sep-23-2026

Bank of India Mutual Fund has filed offer document with SEBI to launch an open ended fund of fund scheme named 'Bank of India Aggressive Hybrid Active FOF'. The New Fund Offer price will be Rs 10 during the NFO. 

Entry load will be nil. If redeemed/ switched-out within 3 months from the date of allotment: For 10% of investments exit load will be Nil; For remaining investments exit load will be 1%; If redeemed/ switched-out after 3 months from the date of allotment exit load will be Nil. The Scheme offers growth and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance will be benchmarked against NIFTY Mid Small Cap 400 Total Return Index (TRI): 70%; and CRISIL Short Term Bond Index: 30%. The minimum application amount is Rs 5000 and in multiples Rs 1 thereafter.

The investment objective of the scheme is to generate long-term capital appreciation by predominantly investing in actively managed portfolio of equity and debt mutual fund schemes.


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