July 25, 2025
mayank
Bank of India Mid Cap Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Bank of India Mid Cap Fund Open Date, Close Date?
NFO opens on July 31, 2025
NFO will close on August 14, 2025
Investment Strategy for this NFO?
The scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of mid cap companies. However, there is no assurance that the investment objective of the Scheme will be achieved.
Basic Details
| Fund House | Bank of India Mutual Fund |
| Issue Open | 31 July 2025 |
| Issue Close | 14 August 2025 |
| Type | Open-ended |
| Category | Equity: Mid Cap |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 60 days |
| Riskometer | Very High |
| Benchmark | NIFTY Midcap 150 TRI |
About Benchmark Index for this NFO?
Nifty Midcap 150 represents the next 150 companies (companies ranked 101-250) based on full market capitalisation from Nifty 500.
This index intends to measure the performance of mid market capitalisation companies.
Nifty Midcap 150 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.
Nifty Midcap 150 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Midcap 150 Total Returns Index
Portfolio Characteristics
| Methodology | Free Float Market Capitalization |
| No. of Constituents | 150 |
| Launch Date | April 01, 2016 |
| Base Date | April 01, 2005 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Bank of India Mid Cap Fund
1) Alok Singh
Education: Mr. Singh is a CFA and PGDBA from ICFAI Business School.
Experience: Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank
AMC
Bank of India Investment Managers Private Limited
Address: B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400013
Website: https://www.boimf.in/
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Bank of India Mid Cap Fund @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY Midcap 150 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 15.00 | 4.01 | 5.55 | 31.34 | 16.48 |
| Total Return | 15.16 | 4.26 | 6.11 | 32.31 | 17.85 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 18.72 | 17.14 | 21.05 |
| Beta (NIFTY 50) | 1.06 | 0.93 | 0.84 |
| Correlation (NIFTY 50) | 0.77 | 0.79 | 0.84 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 35.27 | 5.35 | 0.77 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| BSE Ltd. | 3.08 |
| Max Healthcare Institute Ltd. | 2.59 |
| Suzlon Energy Ltd. | 2.21 |
| Persistent Systems Ltd. | 1.77 |
| Coforge Ltd. | 1.75 |
| PB Fintech Ltd. | 1.66 |
| Dixon Technologies (India) Ltd. | 1.60 |
| Indus Towers Ltd. | 1.52 |
| HDFC Asset Management Company Ltd | 1.44 |
| Federal Bank Ltd. | 1.43 |
Note on Benchmark Performance:
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[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Alok Singh
| Fund | Bank of India Flexi Cap Fund | It’s Benchmark | Bank of India ELSS Tax Saver Fund | It’s Benchmark |
| 1 Year | -2.52 | 2.13 | -5.96 | 2.13 |
| 3 Year | 23.82 | 18.37 | 20.57 | 18.37 |
| 5 Year | 26.54 | 21.93 | 23.63 | 21.93 |
| 7 Year | — | — | 16.63 | 14.98 |
| 10 Year | — | — | 15.17 | 13.97 |
As on 25-7-2025
Note on Fund Managers’ performance
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[ C ] Our NFO Review
The fund aims to generate long-term capital growth by picking quality mid-sized companies. It will target businesses with scalable models, strong management, and competitive advantages.
The fund will follow a bottom-up stock-picking approach. It plans to invest across sectors such as financials, industrials, healthcare, and consumer. It aims to balance growth and risk through healthy diversification and strict risk management.
The Fund will be managed by Mr. Alok Singh. He is also the Head of Investment for Bank of India Mutual Fund. A sample study of the other funds managed by him show a satisfactory performance.
The Midcap Fund space has a lot of existing players like the ABSL Midcap Fund, Axis Midcap Fund, Bandhan Midcap Fund, Baroda BNP Paribas Midcap Fund to name a few.
Hence, the BOI Midcap Fund will have to face a tough competition and will have to prove its mettle against funds with a long track record.
Investors looking for high-growth potential in mid-cap stocks and who can tolerate elevated volatility can invest a small amount, monitor the performance and then add at a later date.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Bank of India Mid Cap Fund NFO?
>> Post your MF questions @ sahifund.com/ask-me/
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https://sahifund.com/category/nfos/
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