Bank of India Mutual Fund has launched the Bank of India Value Fund, a new open-ended equity scheme built around value investing. The New Fund Offer, or NFO, opened on 28 August 2026 and closes on 11 September 2026.
This is the fund house’s first scheme dedicated purely to value investing: buying businesses for less than they’re actually worth, based on fundamentals rather than short-term price moves.
If you already hold a growth or momentum-style fund, this brings a different way of picking stocks into your portfolio. Here’s what it offers, and where it might fit.
Bank of India Value Fund NFO Details
Particular | Detail |
Fund name | |
Fund type | Open-ended equity scheme |
Category | Value fund |
Nature of scheme | Growth-oriented, following a value investment strategy |
Benchmark | Nifty 500 Total Return Index (TRI) |
Fund manager | Mr Nav Bhardwaj |
NFO opens | 28 August 2026 |
NFO closes | 11 September 2026 |
Allotment of units | Not available |
Minimum investment | Rs 5,000, multiples of Re 1 after that |
Additional investment | Not available |
SIP amount | Not available |
NAV during NFO | Rs 10 per unit |
Stamp duty | 0.005% of transaction value |
Entry load | Nil |
Exit load | 1% within 3 months of allotment; nil after |
Bank of India Mutual Fund: AMC Details
Particular | Detail |
AMC name | Bank of India Investment Managers Private Limited |
Assets under management | Approximately Rs 17,220 crore across the fund house (as of 31 July 2026) |
Website | |
Registered office | B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013 |
Contact number | 1800-266-2676 / 1800-103-2263 |
Source: AMFI India — New fund offer | Bank of India Value Fund
What Has Bank of India Mutual Fund Launched?
Bank of India Value Fund is an open-ended equity scheme, so you can invest or redeem on any business day once the NFO closes.
It follows a value investment strategy: the manager looks for shares trading below what the business is actually worth, based on earnings, book value and growth potential, not what’s currently in fashion.
This is actively managed, not an index tracker. The portfolio can hold up to 100% in equities across large, mid and small caps, with a smaller residual portion in liquid instruments.
How Does the Bank of India Value Fund Strategy Work?
The fund manager follows a bottom-up process, meaning each company is judged on its own merits rather than picked because of its sector or size. Here’s roughly how that plays out in practice.
Step | What happens? |
1 | Screen companies trading below their assessed worth |
2 | Study earnings per share, book value and cash flows |
3 | Assess management quality through direct company interaction |
4 | Compare opportunities across sectors and market caps |
5 | Build the portfolio around sound financials, reasonable valuations |
6 | Review holdings as fundamentals and valuations shift |
Let’s Understand Through an Example
Say a company’s shares trade at Rs 200. After studying its earnings, assets and growth outlook, the manager estimates the business is actually worth closer to Rs 280 a share.
That gap is what a value fund hunts for: a stock priced below the manager’s assessed worth, bought on the view that the market may eventually re-rate it. This explains the process only, not any projected return.
Bank of India Value Fund Portfolio Allocation
Instrument | Minimum | Maximum |
Equity following a value investment strategy | 80% | 100% |
Equity not following a value strategy (residual) | 0% | 20% |
Money market instruments, other liquid instruments, gold and silver ETFs, domestic mutual fund units (residual) | 0% | 20% |
Units of InvITs (residual) | 0% | 10% |
Bank of India Value Fund Investment Strategy
Stock selection sits at the centre of this fund. The manager isn’t trying to time the market or chase whatever sector is running hot; the focus stays on individual company fundamentals.
The scheme can use exchange-traded derivatives, mainly for hedging and portfolio balancing rather than to amplify returns.
Liquidity comes from the residual portion, held in money market and similar instruments that can be accessed quickly to meet redemptions.
Potential Benefits of Bank of India Value Fund
Potential benefit | Why does it matter? |
Access to a value investing style | Adds a different stock-picking approach to growth or momentum funds you may hold |
Market-cap flexibility | Can look across large, mid and small caps for undervalued businesses |
Direct and Regular plans | Choose based on whether you invest via a distributor or on your own |
Growth and IDCW options | Stay invested for compounding, or take periodic payouts |
Points to Understand Before Investing in Bank of India Value Fund
Factor | What it means |
Takes time to play out | An undervalued stock can stay unloved for a while before the market catches up |
No track record yet | A newly launched scheme has no history of how it has actually performed |
Equity-heavy portfolio | Up to 100% can sit in equities, so unit prices move with broader market swings |
Style concentration | A single-style fund behaves differently from a broadly diversified equity fund |
No guaranteed outcome | The AMC does not promise the fund will meet its objective or deliver any return |
Who May Consider Bank of India Value Fund?
Investor type | Why it may fit |
Investors with a 5-year-plus horizon | Value investing needs time to play out |
Those already holding growth or momentum funds | Adds a different stock-picking style |
Investors comfortable with an all-equity portfolio | The scheme can be up to 100% equities |
A long-term goal, such as a 2032 home down payment | A multi-year runway suits a gradual style |
Who May Not Find Bank of India Value Fund Suitable?
Investor type | Why it may not fit |
Investors needing the money within 1 to 3 years | An equity-heavy scheme isn’t built for short goals |
First-time investors uncomfortable with price swings | A single-style portfolio can feel more concentrated than a multi-cap fund |
Investors seeking assured or fixed returns | This scheme offers neither |
Investors wanting an established track record first | This is a new scheme with no performance history |
Bank of India Value Fund vs Traditional Investment Options
Product | Return potential | Liquidity | Horizon | Suitable investor |
Fixed Deposit | Fixed, moderate | Limited before maturity | Short to medium | Capital-safety focused |
Debt Mutual Fund | Moderate | High | Short to medium | Stability-focused |
Hybrid Fund | Moderate to high | High | Medium | Balanced approach |
Equity Mutual Fund (diversified) | High, long term | High | Long term | Growth-focused |
Bank of India Value Fund | High, long term | High | 5 years+ | Value-style, long-term investors |
Bank of India Value Fund Review by Zenith Finserve
Bank of India Value Fund is a straightforward, single-style equity scheme. It suits an investor with a horizon of five years or more who wants to add value investing to a portfolio that may already lean towards growth or momentum funds.
Because it can be up to 100% in equities, it fits someone who has short-term needs already covered elsewhere, and is investing this money purely for long-term equity exposure.
As a newly launched scheme, it carries no performance history yet. Investors should track how the actual portfolio develops over its first few years, and assess personal suitability, ideally with a financial planner, before committing a large allocation.
How Zenith Finserve Can Help
At Zenith Finserve, we follow a process driven investment framework. We assess your goals, cash flows, risk profile, time horizon, existing investments, loans and tax situation before suggesting investments. We align our investment suggestions with your financial objectives and review them periodically to keep them suitable as your circumstances change.
Similar NFOs on Zenith Finserve
Bandhan Contra Fund NFO: hunts for temporarily out-of-favour businesses, a contrarian cousin of value investing.
WhiteOak Capital Dividend Yield Fund NFO: another value-leaning scheme, built around consistent dividend payers.
TRUSTMF Large & Mid Cap Fund NFO: the opposite tack, mandating cap allocations and picking for growth over value.
Bank of India Value Fund NFO: Frequently Asked Questions
What is Bank of India Value Fund NFO?
The New Fund Offer of a new open-ended equity scheme from Bank of India Mutual Fund, built around a value investing strategy.
When does Bank of India Value Fund NFO open and close?
It opens on 28 August 2026 and closes on 11 September 2026.
What is the minimum investment in Bank of India Value Fund NFO?
Rs 5,000, and in multiples of Re 1 after that.
Is Bank of India Value Fund NFO good to invest in?
That depends on your goals and horizon. It’s a single-style, all-equity scheme best judged against your own asset allocation.
What is value investing, and how does this fund apply it?
Buying shares in businesses trading below their assessed worth. The manager judges that gap using financials, competitive position and management quality.
Who is the fund manager of Bank of India Value Fund?
Mr Nav Bhardwaj, with around 17 years across equity research, project finance, derivative trading and fund management.
What is the exit load for Bank of India Value Fund?
1% if redeemed within 3 months of allotment, and nil after that.
What is the NAV of Bank of India Value Fund during the NFO?
Units are offered at Rs 10 per unit through the NFO.
Bank of India Value Fund review: what does Zenith Finserve think?
A straightforward value-style equity fund for investors with a 5-year-plus horizon wanting to diversify how their equity portfolio picks stocks.
What is the benchmark for Bank of India Value Fund?
The Nifty 500 Total Return Index (TRI), reflecting the broad universe the fund can invest across.
Can NRIs invest in Bank of India Value Fund?
Yes, subject to standard KYC and applicable regulations. Confirm current eligibility with the AMC or your advisor before applying.
What is the difference between Direct and Regular plans in this fund?
Direct is for investors applying without a distributor and carries a lower expense ratio; Regular is for distributor-routed applications.
