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Bank of India Mutual Fund

Mutual Fund SIP Calculator

₹
/Month
₹100₹10L
Years
1Y40Y
%
1%30%
% /Year
0%25%

About Bank of India Mutual Fund

Bank of India Mutual Fund started in 2008 as Bharti AXA Mutual Fund. Bank of India bought a majority stake in its asset management company in 2012 and took full ownership in 2021, making Bank of India Investment Managers Private Limited a wholly owned subsidiary. In June 2022, the fund was renamed Bank of India Mutual Fund. Its current CEO, Mohit Bhatia, has over 26 years of experience in the mutual fund and financial services industry.

Key Details of Bank of India Mutual Fund

Particular Details
Mutual Fund Name Bank of India Mutual Fund
AMC Name Bank of India Investment Managers Private Limited
AMC Incorporation Date 13 August 2007
AMC CIN U65900MH2007FTC173079
Mutual Fund Set-up Date 31 March 2008
AUM ₹19,198.97 crore (as on 30 September, 2026)
Sponsor Names Bank of India
Trustee Company Bank of India Trustee Services Private Limited
SEBI Registration Number MF/056/08/01
Managing Director & CEO Mohit Bhatia
Chief Investment Officer (CIO) Alok Singh
Official Website www.boimf.in
Registered Office B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400013

Documents Required for Investing in Bank of India Mutual Fund

Here is a list of documents that you require to invest in Bank of India Mutual Fund schemes:

  • PAN Card: Mandatory document required for investor identification and verification.
  • For KYC Verification: According to the guidelines by SEBI, you need to complete proper KYC in order to invest in any mutual fund scheme. Documents for KYC include proof of address and proof of identity. You  can submit documents, such as a voter ID card, driving licence, passport, Aadhaar card, any other valid identity card issued by the central or state government, etc.
  • Bank account details: You need to provide your bank account number and IFSC code.

How to Invest in Bank of India Mutual Funds

You can start investing in Bank of India Mutual Fund online through Paisabazaar, follow these steps to start investing:

  • Log in to Paisabazaar and open the ‘Mutual Funds' section.
  • Search for ‘Bank of India Mutual Fund’ or explore the list of available schemes.
  • Pick a suitable scheme and choose either a one-time investment or SIP, wherever available.
  • Enter the investment amount and submit the required information.
  • Complete KYC and investor verification, if applicable.

Bank of India Mutual Fund Communication Details

Contact Information & Support

Bank of India Mutual Fund can be reached through the following contact details:

  • Toll Free Number: 1800 - 266 - 2676/1800 - 103– 2263
  • Telephone Number: 022-61249000
  • Fax Number : +91 2261249001
  • Email: service@boimf.in

Grievance Redressal

To submit a grievance or lodge a complaint directly, please visit the Bank of India Mutual Fund portal at https://www.boimf.in/branch-locator.

Registered Office Address

Bank of India Investment Managers Private Limited,
B/204, Tower 1, Peninsula Corporate Park,
Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013.

If your complaint remains unresolved, you can escalate it through SEBI’s SCORES portal.

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FAQs

How to calculate SIP returns of Bank of India Mutual Fund? 

You can calculate Bank of India Mutual Fund SIP estimated returns through Paisabazaar SIP calculator. To calculate estimated returns, you need to enter certain details, such as investment amount, SIP duration and expected rate of return. 

How to redeem Bank of India Mutual Fund?

Bank of India Mutual Funds can be redeemed through both online and offline modes. To redeem your units online, visit its official website. If you made your investment through a third-party online platform, you can initiate the redemption directly through that portal. For offline redemptions, visit the nearest fund house branch and complete the required redemption process.

Are Bank of India Mutual Fund schemes safe to invest? 

Bank of India Mutual Fund is registered with SEBI. However,  like every market-linked investment, schemes offered by the Bank of India mutual fund are also subject to market risk. Therefore, it's important to research thoroughly and invest in a scheme that aligns with your risk tolerance and goals.

How many schemes does the Bank of India Mutual Fund offer?

Investors can choose from 23 mutual fund schemes offered by Bank of India Mutual Fund across equity, debt and hybrid categories, depending on their financial goals and risk appetite.

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15.8L reviews

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VikasAug 17, 2026

Overall a good experience

I started investing in mutual funds to build a corpus for my long-term financial goals. Paisabazaar made the process fairly straightforward, especially while comparing different fudns. I found the fund-related information useful for understanding the basics before investing. The app is easy to navigate, and tracking my portfolio is convenient. Overall, it has made mutual fund investing feel more manageable and helped me become more disciplined with my investments.

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RishavAug 17, 2026

Can easily keep a track of my SIPs

I have been investing in mutual funds through SIPs and the Paisabazaar app has made it easier to keep track of my investments. I like that I can check my portfolio and monitor how my funds are performing in one place. The interface is simple and does not feel complicated. It has also helped me stay consistent with my daily investments instead of delaying them.

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KamalAug 17, 2026

Investing feels much easier now

I recently started investing in mutual funds through Paisabazaar and found the process quite simple. I was initially confused about which fund to choose, but the information available on the app helped me understand the basics better. The investment process was smooth, and I could track my investments easily. For someone like me who is new to mutual funds, the overall experience has been convenient and easy to understand.

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Swapna felicitasOct 25, 2019

Positive

Paisa bazar helped me to start to invest. I m happy. Its very easy to invest. Waiting for good returns

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SoujanyaOct 17, 2019

Safest Website

Thank you paisabazaar for providing us with full proof schemes which are well researched and profit generating

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JittuOct 17, 2019

Expense ratio

Paisabazaar if compared with all the other websites in India, has a very less expense ration this will help customer with more returns

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SunitaOct 17, 2019

Expert Advice

Very good team of researchers who provide the customer with detailed information on the schemes sector and how it will perform

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UnnatiOct 17, 2019

Good Support

I had few issues with my account, the paisabazaar team was very handy in solving those problems, keep up the good work

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KashishOct 17, 2019

Well researched

Thank you paisabazaar for saving a lot of times of ours by providing us all the necessary information on the schemes

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HimankarOct 17, 2019

Diverse

Paisabazaaar mutual funds schemes are evry diverse, its for everyone who wants to start saving via investing very easy

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Vandana Punj
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Disclaimer

  • Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.
  • Paisabazaar Marketing and Consulting Private Limited is an AMFI registered Mutual Fund Distributor - ARN-336712 | ARN Validity period: 08 Aug 2025 to 07 Aug 2028
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