Change in Minimum Redemption amount in following schemes of Bank of India Mutual Fund:
Bank of India Mutual Fund has announced a Change in Minimum Redemption Amount, with effective from July 17, 2026.
Change in Minimum Redemption amount in following schemes of Bank of India Mutual Fund:
Scheme Name
Existing
Revised
Bank of India Large Cap Fund
Bank of India Banking & Financial Services Fund
Bank of India Large & Mid Cap Fund
Bank of India Manufacturing & Infrastructure Fund
Bank of India Mid Cap Fund
Bank of India Multi Cap Fund
Bank of India Flexi Cap Fund
Bank of India Small Cap Fund
Bank of India Balanced Advantage Fund
Bank of India Multi Asset Allocation Fund
Bank of India Mid & Small Cap Equity & Debt Fund
Bank of India Conservative Hybrid Fund
Bank of India Overnight Fund
Bank of India Ultra Short Duration Fund
Bank of India Money Market Fund
Bank of India Consumption Fund
Bank of India Arbitrage Fund
Bank of India Short term Income Fund
Bank of India Liquid Fund
Rs. 1,000/- (or equivalent Unit value) or account balance, whichever is lower.
' Rs. 1 and in multiples of Rs. 1/-therafter
Bank of India Credit Risk Fund
' Rs. 1,000/- and in multiples of Re. 1/- thereafter
' Rs. 1 and in multiples of Rs. 1/-therafter
Bank of India Business Cycle Fund
' There is no minimum and maximum limit on the amount/units which can be redeemed/switched-out. The investor is free to redeem any or all units outstanding in his/her/their folio.
' Rs. 1 and in multiples of Rs. 1/-therafter
Bank of India ELSS Tax Saver
' Rs. 500/- (or equivalent Unit value) or account balance, whichever is lower