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Mutual Fund News Back
Change in Minimum Redemption amount in following schemes of Bank of India Mutual Fund:
(13 Jul 2026, 13:34)
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 ' Rs. 1 and in multiples of Rs. 1/-therafter

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