NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Bank of India Manufacturing & Infrastructure Fund -Growth for NRI [58.15]

Min Investment

5,000

Fund Size

661.33 Cr

Expense Ratio

2.3%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

58.15

-0.14%

NAV as on 06 Mar 26, 12:00 AM

very high risk

equity infrastructure

equity

NAV as on 06 Mar 26, 12:00 AM

very high risk

equity infrastructure

equity

20.54%p.a.

Last 1Y

24.11%p.a.

Last 3Y

21.14%p.a.

Last 5Y

11.62%p.a.

Since Inception

About Bank of India Manufacturing & Infrastructure Fund -Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Bank of India Manufacturing & Infrastructure Fund -Growth scheme from Bank of India Mutual Fund. It is a Equity - Infrastructure mutual fund scheme that predominantly invests in Equity - Infrastructure stocks of companies. Launched on Mar 2010, Bank of India Manufacturing & Infrastructure Fund -Growth is Equity - Infrastructure fund of its category with 661.33 Cr fund under management as on Mar 2026. The expense ratio of this fund is less than that of most other Fund category Equity - Infrastructure funds.

  • Bank of India Manufacturing & Infrastructure Fund -Growth delivered 20.5% annual returns during the last year. It has delivered 11.6% average annual returns since the fund was launched.
  • Bank of India Manufacturing & Infrastructure Fund -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The Scheme seeks to generate long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in manufacturing and infrastructure related sectors. Further, there can be no assurance that the investment objectives of the scheme will be realized. The Scheme is not providing any assured or guaranteed returns.

Top 10 Holdings

Repo

2.56%

Net Payables

-0.09%

Quadrant Future Tek Ltd.

0.74%

GOVERNMENT OF INDIA 35466 364 DAYS TBILL 15JN26 FV RS 100

0.02%

Quality Power Electrical Equipments Ltd.

1.90%

Siemens Energy India Ltd

0.52%

Ashok Leyland Ltd

1.19%

Aurobindo Pharma Ltd

2.65%

Linde India Ltd

0.45%

Bayer CropScience Ltd

1.36%

Fund Managers

  1. Nitin Gosar (Sep 2022 - Present)

Key Information

View Scheme Document

Bank of India Manufacturing & Infrastructure Fund -Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Bank of India Manufacturing & Infrastructure Fund -Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Bank of India Manufacturing & Infrastructure Fund -Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Bank of India Manufacturing & Infrastructure Fund -Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions