Description
Bank of India Banking & Financial Services Fund will reopen for ongoing subscription and redemption along with SIP, STP & SWP facility on BSE StAR MF Platform effective February 02, 2026.
Summary
BSE has announced that the Bank of India Banking & Financial Services Fund will reopen for ongoing subscription and redemption transactions on the BSE StAR MF Platform effective February 02, 2026. This follows the temporary closure referenced in Notice No. 20260107-46. The fund will be available with all facilities including SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan).
Key Points
- Effective date: February 02, 2026
- All six plan variants (Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options) will be available
- Full transaction capabilities: subscription, redemption, SIP, STP, and SWP
- Scheme category: Equity (Banking & Financial Services sector)
- Six ISINs covering different plan and option combinations
Regulatory Changes
No regulatory changes. This is an operational update regarding the resumption of trading for a previously suspended mutual fund scheme.
Compliance Requirements
- Members and investors can resume transactions in the specified fund from February 02, 2026
- All existing BSE StAR MF Platform procedures and compliance requirements apply
Important Dates
- Notice Date: January 30, 2026
- Effective Date for Reopening: February 02, 2026
Impact Assessment
Market Impact: Minimal. This notice affects only investors and distributors dealing with the Bank of India Banking & Financial Services Fund.
Operational Impact: Low. The fund’s reopening allows interested investors to resume transactions, providing access to a banking and financial services sector equity fund.
Investor Impact: Positive for investors waiting to invest in or redeem from this specific fund. The availability of SIP, STP, and SWP facilities provides flexibility for systematic investment and withdrawal strategies.
Scheme Details
| Sr. No. | Scheme Name | Plan Type | Option | ISIN |
|---|---|---|---|---|
| 1 | Bank of India Banking & Financial Services Fund | Regular | Growth | INF761K01HH7 |
| 2 | Bank of India Banking & Financial Services Fund | Regular | IDCW Payout | INF761K01HI5 |
| 3 | Bank of India Banking & Financial Services Fund | Regular | IDCW Reinvestment | INF761K01HJ3 |
| 4 | Bank of India Banking & Financial Services Fund | Direct | Growth | INF761K01HE4 |
| 5 | Bank of India Banking & Financial Services Fund | Direct | IDCW Payout | INF761K01HF1 |
| 6 | Bank of India Banking & Financial Services Fund | Direct | IDCW Reinvestment | INF761K01HG9 |
Impact Justification
Routine operational notice regarding reopening of a mutual fund scheme for transactions. Affects only investors interested in this specific fund with no broader market implications.