NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹39.93
-0.15%
NAV as on 18 Dec 24, 12:00 AM
very high risk
aggressive allocation
equity
NAV as on 18 Dec 24, 12:00 AM
very high risk
aggressive allocation
equity
28.82%p.a.
Last 1Y
19.29%p.a.
Last 3Y
27.51%p.a.
Last 5Y
17.50%p.a.
Since Inception
About Bank of India Mid & Small Cap Equity & Debt Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bank of India Mid & Small Cap Equity & Debt Fund Growth scheme from Bank of India Investment Managers Private Limited. It is a Aggressive Allocation mutual fund scheme that predominantly invests in Aggressive Allocation stocks of companies. Launched on Jul 2016, Bank of India Mid & Small Cap Equity & Debt Fund Growth is Aggressive Allocation fund of its category with 1,053.73 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Aggressive Allocation funds.
- Bank of India Mid & Small Cap Equity & Debt Fund Growth delivered 28.8% annual returns during the last year. It has delivered 17.5% average annual returns since the fund was launched.
- Bank of India Mid & Small Cap Equity & Debt 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's objective is to provide capital appreciation and income distribution to investors from a portfolio constituting of mid and small cap equity and equity related securities as well as fixed income securities. However there can be no assurance that the income can be generated, regular or otherwise, or the investment objectives of the Scheme will be realized.
Top 10 Holdings
Jindal Stainless Ltd
2.66%
Coforge Ltd
2.39%
Swan Energy Ltd
2.06%
Nippon Life India Asset Management Ltd Ordinary Shares
2.05%
UNO Minda Ltd
2.00%
Indian Railway Finance Corporation Limited
1.92%
National Bank For Agriculture And Rural Development
1.91%
Castrol India Ltd
1.91%
Eris Lifesciences Ltd Registered Shs
1.89%
Oil India Ltd
1.82%
Fund Managers
- Alok Singh (Feb 2017 - Present)
Key Information
View Scheme Document
Bank of India Mid & Small Cap Equity & Debt Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Bank of India Mid & Small Cap Equity & Debt Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Bank of India Mid & Small Cap Equity & Debt 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 Mid & Small Cap Equity & Debt 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
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