Meta Title

Bank of India Large & Mid Cap Fund - Investment Objective, Performance & Review 2024

Meta Description

Complete analysis of Bank of India Large & Mid Cap Fund including investment objective, fund manager details, and performance. Learn about NAV, AUM, returns & more.

Investment Objective and Approach

The scheme seeks to generate income and long-term capital appreciation by investing through a diversified portfolio of predominantly large cap and mid cap equity and equity related securities including equity derivatives. The scheme is in the nature of large and mid cap fund.

The fund follows a disciplined investment approach with multiple strategies:

Investment Strategy:

- Top down approach for development of themes: Evaluates global and domestic economy and the policy environment to develop themes.

- Bottom-up approach for stock selection: Once themes are identified, valuation matrices and fund positioning would guide stock and sector selection.

- Well diversified portfolio with greater risk control.

- Disciplined investment style which endeavors to ensure profit booking at regular intervals.

Target Investors:

- Investors seeking long-term capital growth

- Investment in equity and equity-related securities including equity derivatives of companies across market capitalizations

Fund Managers

The fund is managed by experienced professionals with extensive market knowledge:

Alok Singh - Chief Investment Officer:

- Post Graduate in Business Administration from ICFAI Business School and a CFA with over 24 years of experience in fund management

- Has won numerous awards for stellar fund performance during his career span

- Heads the overall Equity & Fixed Income Investment Operations for Bank of India Investment Managers as Chief Investment Officer

- Remarkable achievement includes growing the company's Asset Under Management from Rs. 100 crore to approximately Rs. 12,000 crore since his joining in April 2012

Nitin Gosar - Fund Manager (for specific schemes):

- Has an experience of more than 16 years in Equity Research and Fund management. He is a Bachelor of Management Studies from Ramniranjan Jhunjhunwala College and also has a Masters's degree in Finance from The Institute of Chartered Financial Analysts of India (ICFAI)

- Before joining Bank of India Investment Managers Private Limited, he worked with IFCI Financial Services, Invesco Asset Management (India) Private Ltd., SKP Securities Ltd., NDA Securities Ltd, B&K Securities, etc.

About the Fund House (AMC)

Bank of India Investment Managers Private Limited is the asset management company managing this fund.

Company Heritage:

Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks.

Key Highlights:

- Has continuously proved to be trustworthy with 15 years of rich experience in fund management and has always catered to the needs of the investors across various objectives, thus leading to a portfolio of 20 varied Mutual Fund Schemes with 7.55 lakhs+ investors and ₹ 13,150.45 Cr* of assets under management and 14 branches across PAN India as on 30th June, 2025

- Offers different types of investment solutions across various different asset classes. It has always planned and achieved delivering to investors with solutions regarding their investments and helped them achieve their investing goals

Management Team:

- Mr. Mohit Bhatia as CEO/MD, Mr. Alok Singh as CIO, and Ms. Roshni Pawar as Investor Service Officer

- As of January 17, 2025, Vijay Khokrale has been appointed as the Chief Operating Officer (COO) while continuing to oversee Shareholder Engagement

Should I Invest in Bank of India Large & Mid Cap Fund?

This fund may be suitable for investors who:

Investment Suitability:

- Have a long-term investment horizon (5+ years)

- Seek exposure to both large and mid-cap companies

- Want professional management with a disciplined investment approach

- Can tolerate moderate to high risk for potential higher returns

Key Considerations:

- The fund currently has an Asset Under Management(AUM) of ₹13,374 Cr and the Latest NAV as of 14 Aug 2025 is ₹98.23

- Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000

- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year

Risk Profile:

- The Bank of India Large & Mid Cap Fund Direct Growth is rated Very High risk

- Suitable for investors with moderate to high risk appetite

- Regular monitoring and review recommended due to equity market volatility

FAQs

What is today's NAV of Bank of India Large & Mid Cap Fund?

The NAV is updated daily after market hours. You can check the latest NAV on the official Bank of India Mutual Fund website or financial platforms.

What is the AUM of Bank of India Large & Mid Cap Fund?

The fund currently has an Asset Under Management(AUM) of ₹13,374 Cr as of 14 Aug 2025.

What is the expense ratio of Bank of India Large & Mid Cap Fund?

The expense ratio varies by plan type and is disclosed in the scheme documents. Check the fund factsheet for current expense ratio details.

What are the returns of Bank of India Large & Mid Cap Fund since inception?

This scheme was made available to investors on 31 Mar 2008. Historical returns are available on the fund factsheet and should be reviewed for different time periods.

What is the minimum SIP amount to invest in Bank of India Large & Mid Cap Fund?

Minimum SIP Investment is set to ₹1,000.

How do I invest in Bank of India Large & Mid Cap Fund?

You can invest through Allvest platform, directly from Bank of India Mutual Fund website, or through registered distributors and online investment platforms.

How to start a SIP in Bank of India Large & Mid Cap Fund?

Register with Allvest or any investment platform, complete KYC, select the fund, choose SIP amount and frequency, and set up auto-debit instructions.

How do I automate an SIP in Bank of India Large & Mid Cap Fund?

Set up an auto-debit mandate through Allvest platform or your chosen investment platform for seamless monthly SIP investments.

How can I withdraw/redeem my investment in Bank of India Large & Mid Cap Fund?

You can redeem through Allvest platform, AMC website, or by submitting redemption forms. Note the exit load conditions for early withdrawals.