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NFO Details

Company Bank of India Mutual Fund
Scheme Name Bank of India Mid Cap Fund - Direct (G)
Fund Manager Alok Singh
Minimum Investment() 5000
Objective The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of mid cap companies. However, there is no assurance that the investment objective of the Scheme will be achieved.
Entry Load %  Nil
Exit Load %  For redemption/switch out of units within 60 days from the date of allotment: 1% Any redemption/switch out after 60 days from the date of allotment of units: NIL
Option Type  GROWTH
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Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.