Description
Bank of India Mid Cap Fund will reopen for ongoing subscription and redemption along with SIP, STP & SWP facility from August 25, 2025.
Summary
Bank of India Mid Cap Fund will reopen for ongoing subscription and redemption transactions on BSE StAR MF Platform effective August 25, 2025. The fund will also offer SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan) facilities.
Key Points
- Fund reopening after temporary closure (referenced Notice No. 20250730-11)
- Six different plan options available (Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment variants)
- All plans categorized under Equity schemes
- Each plan has unique ISIN codes for identification
Regulatory Changes
No regulatory changes announced. This is a routine operational update regarding fund availability.
Compliance Requirements
Members of BSE StAR MF Platform should note the availability of these schemes for client transactions from the effective date.
Important Dates
- Effective Date: August 25, 2025 - Fund reopening for all transaction types
- Notice Date: August 22, 2025
Impact Assessment
Minimal market impact as this is a routine fund reopening. Provides additional investment options for retail and institutional investors seeking mid-cap equity exposure through systematic investment facilities.
Impact Justification
Routine reopening of mutual fund for transactions with no broader market impact