Published on: September 2, 2026
Mumbai, September 02, 2026: Bank of India Mutual Fund is pleased to announce the launch of Bank of India Value Fund, an open-ended equity scheme following a value investment strategy. The New Fund Offer (NFO) opened on August 28, 2026 and closes on September 11, 2026.
Bank of India Value Fund seeks to generate long-term capital appreciation by predominantly investing in equity and equity-related instruments by following a value investment strategy. The fund will invest across market capitalisations while remaining sector agnostic, with a focus on identifying businesses with intrinsic value and unrecognised potential for growth. The investment approach follows bottom-up stock selection complemented by macro overlays.
Commenting on the launch, Mr. Mohit Bhatia, CEO – Bank of India Investment Managers Private Limited (BOIIM), said, “Value investing has evolved beyond simply identifying stocks that appear inexpensive. Our approach through Bank of India Value Fund is focused on identifying businesses where a measurable change in fundamentals can lead to value creation. By investing across market capitalisations and remaining sector agnostic, the fund seeks to identify opportunities where the Rate of Change can translate into improving earnings and returns over the long term.”
The fund’s investment approach is built around Rate of Change (ROCh), which focuses on identifying measurable acceleration in demand, orders, output or pricing and assessing how this acceleration translates into revenue, margins and returns. The investment thesis comprises four stages — Stimulus, Rate of Change, P&L Transmission and ROCE Inflexion. The approach seeks to identify where value is being created as business fundamentals improve.
Commenting on the fund strategy, Mr. Alok Singh, CIO – Bank of India Investment Managers Private Limited (BOIIM), said, “Our investment philosophy is centred on the belief that cheapness alone does not constitute value. We look for the Rate of Change — the measurable acceleration in a company’s demand, orders, output or pricing — and assess how that change flows through the P&L and ultimately reflects in ROCE. The objective is to identify the inflexion point early, test the investment thesis through defined triggers and remain disciplined as the opportunity evolves.”
The fund will predominantly invest in companies showcasing ROCh and will follow a five-filter approach to portfolio allocation. The process involves identifying opportunities, testing the investment thesis against pre-set triggers, sizing positions once confirmation arrives, harvesting positions as the rate of change decays and recycling the released weight into the next opportunity.
Key Highlights of the Fund
- Predominantly invests in companies showcasing Rate of Change (ROCh)
- Diversification across market capitalisations and sectors
- Bottom-up stock selection with macro overlays
- Identification of businesses with intrinsic value and unrecognised potential for growth
- Portfolio comprising 50–80 companies
- A five-filter approach to portfolio allocation
The scheme will invest 80%–100% of its total assets in equity and equity-related instruments of companies following a value investment strategy.
The fund is benchmarked against the Nifty 500 TRI and will be managed by Mr. Nav Bhardwaj. The minimum investment amount under the scheme is ₹5,000, with additional investments permitted in multiples of ₹1 thereafter. The scheme will be available under Regular Plan and Direct Plan, with Growth and IDCW options.
The scheme is suitable for investors seeking long-term capital appreciation through investment predominantly in equity and equity-related instruments following a value investment strategy, with an investment horizon of 5 years and above.
About Bank of India Mutual Fund
Bank of India Investment Managers Private Limited is a wholly owned subsidiary of Bank of India and the designated Investment Manager for schemes of Bank of India Mutual Fund.
With over 17 years of fund management expertise, BOIIM has consistently delivered solutions tailored to diverse investor needs. As of July 31 2026 , BOIIM manages:
• 24 mutual fund schemes
• 950,850 folios
• ₹ 17,220.21 Crore, in Assets Under Management
The above Assets Under Management as of 31st July 2026 (in Lakhs) include Equity: Rs. 10,35,464.43 | Debt: Rs. 99,290.12 | Hybrid: Rs. 2,58,821.72| Liquid: Rs. 1,79,111.36 | ELSS: Rs. 1,49,333.81
Geographical Spread: Top 5 Cities: 48.40% | Next 10 Cities: 13.37% | Next 20 Cities: 8.14% | Next 75 Cities: 8.66% | Others: 21.42%
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