Description
Bank of India Banking & Financial Services Fund reopens for ongoing subscriptions, redemptions, SIP, STP, and SWP facility on NSE MF Invest Platform effective February 02, 2026.
Summary
NSE has notified that Bank of India Banking & Financial Services Fund will be reopened for ongoing subscriptions and redemptions, including systematic investment plans (SIP), systematic transfer plans (STP), and systematic withdrawal plans (SWP) on the NSE MF Invest Platform effective February 02, 2026. The fund offers six scheme options across Direct and Regular plans with Growth and IDCW (Income Distribution cum Capital Withdrawal) variants.
Key Points
- Bank of India Banking & Financial Services Fund reopens for transactions on NSE MF Invest Platform
- Effective date: February 02, 2026
- Six scheme options available: Direct and Regular plans with Growth, IDCW Payout, and IDCW Reinvestment options
- All schemes categorized as Equity funds
- Facilities available: Subscriptions, Redemptions, SIP, STP, and SWP
- Circular reference: NSE/NMFTM/72525, Circular No. 1149/2026
Regulatory Changes
No regulatory changes. This is an operational notification regarding the availability of a mutual fund scheme for transactions.
Compliance Requirements
No specific compliance requirements for members. This is an informational circular notifying members about the availability of the fund for client transactions.
Important Dates
- Circular Issue Date: January 30, 2026
- Effective Date: February 02, 2026 - Fund reopens for ongoing transactions
Impact Assessment
Market Impact: Minimal. This notification affects only investors and distributors interested in the Bank of India Banking & Financial Services Fund, a sectoral equity fund focused on banking and financial services.
Operational Impact: NSE MF Invest Platform members can resume offering this fund to clients for fresh subscriptions, redemptions, and systematic transaction facilities. The reopening provides investors access to a sectoral equity fund in the banking and financial services space.
Investor Impact: Investors seeking exposure to banking and financial services sector through Bank of India Mutual Fund can now invest through various systematic and lumpsum modes on the NSE platform.
Scheme Details
| Sr. No | Scheme Name | ISIN | Category |
|---|---|---|---|
| 1 | Bank of India Banking & Financial Services Fund-Direct-Growth | INF761K01HE4 | Equity |
| 2 | Bank of India Banking & Financial Services Fund-Direct-IDCW Payout | INF761K01HF1 | Equity |
| 3 | Bank of India Banking & Financial Services Fund-Direct-IDCW Reinvestment | INF761K01HG9 | Equity |
| 4 | Bank of India Banking & Financial Services Fund-Regular-Growth | INF761K01HH7 | Equity |
| 5 | Bank of India Banking & Financial Services Fund-Regular-IDCW Payout | INF761K01HI5 | Equity |
| 6 | Bank of India Banking & Financial Services Fund-Regular-IDCW Reinvestment | INF761K01HJ3 | Equity |
Impact Justification
Routine notification about mutual fund availability for transactions on NSE platform. Affects only investors interested in this specific sectoral equity fund.