Bank of India Mutual Fund revises minimum investment amount in various schemes

Bank of India Mutual Fund has announced changes to the minimum investment amount as follows, effective December 22, 2025:

• The fund house has changed the minimum SIP amount in all schemes to Rs 1,000 with multiples of Rs 1, from earlier multiples of Rs 100. This change will not apply to Bank of India ELSS Tax Saver Fund, Bank of India Consumption Fund, Bank of India Liquid Fund, and Bank of India Overnight Fund.
• The fund house has also introduced a SIP facility in Bank of India Money Market Fund, with a minimum investment of Rs 1,000 and multiples of Rs 1 for a minimum of six instalments.
• In Bank of India ELSS Tax Saver Fund, the minimum SIP amount has been reduced from Rs 1,000 with multiples of Rs 100 to Rs 500 with multiples of Rs 500. The minimum initial and additional investment amount has also been aligned to the same level.

• Further, the minimum lump-sum investment in Bank of India Conservative Hybrid Fund has been reduced from Rs 10,000 to Rs 5,000, while the minimum redemption amount in Bank of India Credit Risk Fund has been changed from Rs 5,000 to Rs 1,000.