Bank of India Mutual Fund was established on August 13, 2007 as a Trust sponsored by Bank of India. It was in March 2008, when Bank of India Investment Managers Private Limited, got a green signal from SEBI to commence its mutual fund business and operations as Bank of India Mutual Fund.
It started its journey in 2008 when Bharti AXA received a mutual fund licence. In 2012, Bank of India acquired a 51% stake in it and in 2021 it acquired the remaining 49% stake to become the sole sponsor of this AMC.
Currently, Mr. Mohit Bhatia is the Managing Director & CEO of Bank of India Mutual Fund. Mr. Alok Singh is the CIO (Chief Investment Officer) of Bank of India Mutual Fund.
Bank of India Mutual Fund offers 18 schemes across different categories and has an AUM of Rs ₹6,557 crore.
As of April 2024
Schemes
18
AUM
₹10,514 Cr
AUM growth
₹524 Cr
Fund managers
6
₹1,630 Cr
AUM
3
Schemes
Alok Singh
₹2,610 Cr
AUM
5
Schemes
₹2,651 Cr
AUM
5
Schemes
Alok Singh
₹3,100 Cr
AUM
4
Schemes
₹874 Cr
AUM
3
Schemes
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Mutual Fund Name | Bank of India Mutual Fund |
Asset Management Company Name | Bank of India Investment Managers Private Limited |
AMC Setup Date | March 31, 2008 |
AMC Incorporation Date | August 13, 2007 |
Sponsor Name | Bank of India |
Name Of Trustees | Mr. Arvind Kumar Jain - Independent Director Mr. Ashok Kumar Pathak - Associate Director Mr. Manas Ranjan Biswal - Independent Director Mr. Ram Krishna Sinha - Independent Director |
CIO | Mr. Alok Singh |
MD And CEO | Mr. Mohit Bhatia |
Compliance Officer | Ms. Harish Kumar |
Investor Service Officer | Ms. Roshni Pawar |
Updated As Of | April 2024 |