Bank of India Multicap Fund NFO is open for subscription from 10th to 24th February 2023
by Rajeev Pathak
After disinvestment by Axa, Bank of India Mutual Fund has launched its first NFO (New Fund Offer) to capture the demand of equity funds investors.
Bank of India Multicap Fund NFO
Objectives of the Scheme:
The investment objective of the scheme is to generate long-term capital appreciation by investing in equity and equity-related securities across various market capitalizations. However, there can be no assurance that the investment objectives of the Scheme will be realized.
Scheme Type & Category:
This is an Open-ended Equity-Multicap Scheme.
Minimum subscription amount:
The minimum investment amount is Rs. 5,000/-.
Entry/Exit Load:
There is no Entry Load and the units will be allotted at the face value of Rs.10/-, also there will be NO EXIT LOAD if a redemption request is made after 12 months. However, if the redemption is made within 12 months, there will be an Exit Load of 1%
How to Invest?
Investors can click on the following Invest Now link that will take you to the site of the Fund's Registrar & Transfer Agent (RTA) KFintech. One can insert the required details and make payment online directly to the Fund/RTA. On allotment, investors will receive the Holding Statement.
Investments in mutual funds are subject to market risk, please read the offer document before investing.
Contact: boirajeev@gmail.com
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