Description

Bank of India Mutual Fund launches Banking & Financial Services Fund NFO on NSE MF Invest Platform from January 08-22, 2026 with allotment on January 30, 2026.

Summary

National Stock Exchange announces the launch of Bank of India Banking & Financial Services Fund NFO on the NSE MF Invest Platform. The new fund offer will be available for subscription from January 08, 2026 to January 22, 2026 until 11:59 PM, with allotment scheduled for January 30, 2026. Six plan variants are available covering Direct and Regular plans with Growth, IDCW Payout, and IDCW Reinvestment options.

Key Points

  • NFO subscription period: January 08, 2026 to January 22, 2026 (11:59 PM)
  • Allotment date: January 30, 2026
  • Fund category: Equity (Banking & Financial Services sector focus)
  • Six plan options available: Direct and Regular plans with Growth/IDCW variants
  • Clear funds deadline: January 29, 2026 by 08:00 PM in designated Clearing Corporation account
  • ISINs assigned: INF761K01HE4 through INF761K01HJ3

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch announcement.

Compliance Requirements

  • Members must ensure clear funds are received through any payment mode in the designated Clearing Corporation account on or before January 29, 2026 at 08:00 PM
  • Standard NFO processing and settlement procedures apply

Important Dates

  • January 08, 2026: NFO subscription opens
  • January 22, 2026 (11:59 PM): NFO subscription closes
  • January 29, 2026 (08:00 PM): Deadline for clear funds in Clearing Corporation account
  • January 30, 2026: Allotment date

Impact Assessment

Low impact announcement. This is a routine NFO launch for a sector-specific equity mutual fund scheme. The fund focuses on banking and financial services sector investments. Members can facilitate client subscriptions through the NSE MF Invest Platform during the specified subscription period. No operational changes or special compliance requirements beyond standard NFO procedures.

Impact Justification

Routine NFO launch announcement for a sector-specific mutual fund scheme with standard subscription and allotment timeline. No regulatory changes or compliance requirements for market participants beyond standard NFO processing.