Bank of India Mutual Fund

Mon, 18 May 2026 00:00:00 +0000

Bank of India Mutual Fund is an Indian asset management company wholly owned by Bank of India, the public sector bank. The AMC operates under SEBI registration and the SEBI (Mutual Funds) Regulations 1996 framework. The current wholly-owned structure dates from 2022 when AXA Investment Managers exited the previous joint venture (Bank of India AXA Mutual Fund, 2008-2022), with Bank of India repurchasing AXA’s 49 per cent stake.

The AMC has had two distinct phases: the joint venture era under the Bank of India AXA brand from 2008 through 2022, and the post-AXA wholly-owned era from 2022 onward under the Bank of India Mutual Fund brand. AUM through both phases has remained in the mid-to-small tier of the Indian mutual fund industry, with the AMC operating as one of several public-sector-bank-sponsored mutual fund houses alongside SBI Mutual Fund , Canara Robeco Mutual Fund , Union Mutual Fund , and Baroda BNP Paribas Mutual Fund .

Bank of India on WebNotes

Bank of India Mutual Fund