- Home
News Bank of India Mutual Fund launches Bank of India Consumption Fund
Nov 29, 2024
Mutual Fund
Bank of India Mutual Fund launches Bank of India Consumption Fund
NFO period: 29th November - 13th December, 2024
Highlights of the NFO:
- Scheme type - An open ended equity scheme following consumption theme
- Investment objective - The Investment objective of the scheme is to provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors. However, there is no assurance that the investment objective of the scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking long term capital appreciation. An equity scheme by investing in equity & equity related securities of companies engaged in consumption and consumption related sector or allied sectors.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) (Reinvestment of IDCW & payout of IDCW option).
- Fund Managers - Mr. Nitin Gosar
- Benchmark - Nifty India Consumption TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
Recent News
Groww Mutual Fund launches Groww Multi Asset Omni FOF...
The primary objective of the Scheme is to generate capital appreciation and inco...
Read more
Groww Mutual Fund launches Groww Nifty Metal ETF...
The investment objective of the Scheme is to generate long-term capital growth b...
Read more
Mirae Asset Mutual Fund launches Mirae Asset Nifty Top 20 Equal Weight...
The investment objective of the scheme is to generate returns, before expenses, ...
Read more