Bank of India MF Launches BFSI Equity Fund; NFO Opens Jan 8

• Bank of India Mutual Fund introduces the Bank of India Banking & Financial Services Fund, an open-ended equity scheme.
• The NFO opens on January 8 and closes on January 22, 2026, targeting long-term capital appreciation.
• The fund will invest in banking, NBFCs, insurance, fintech, and capital market companies, benchmarked against Nifty Financial Services TRI.
• Managed by Nilesh Jethani, it employs a top-down and bottom-up stock selection strategy across market caps.
• Minimum investment is ₹5,000, with a 1% exit load for redemptions within 60 days.

Why It Matters: New fund offers investors focused exposure to India's growing banking and financial services sector.