Bank of India (BOI) Mutual Fund has launched Bank of India Mid Cap Fund, an open-ended equity scheme, according to an official statement today, July 28.
The newly launched Mid Cap Fund aims to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of mid-cap companies.
Bank of India Mid Cap Fund subscription dates
The NFO (new fund offer) will open for subscription on July 31, 2025, and will close on August 14, 2025.
Bank of India Mid Cap Fund minimum investment
The minimum amount for a lump sum is Rs 5,000, and then a SIP of Rs 1,000 in multiples of Rs 1.
Commenting on the NFO launch, Mohit Bhatia, CEO – Bank of India Investment Managers said, “As the Indian economy continues to expand and diversify, we believe mid-cap companies are well-positioned to be key beneficiaries of the next phase of value creation across sunrise sectors & business models, as well as opportunities for existing companies benefiting from India’s increasing integration in the global supply chains.”
Key Highlights of the Fund:
• Focused on identifying quality mid-cap businesses with proven execution, scalable models, and sectoral tailwinds.
• Follows a bottom-up stock-picking approach.
• Seeks to balance growth and risk by investing in companies with competitive advantages and strong management.
• Aims to leverage long-term compounding potential in India’s expanding mid-cap space.
The fund is designed for investors seeking long-term capital appreciation by investing in fundamentally strong mid-cap companies that have the potential to generate relatively higher returns.