Bank of India Mutual Fund opens NFO for new value equity scheme
What's the deal? Bank of India Mutual FundDealroom has a profile for this one. Try Dealroom → has launched the Bank of IndiaDealroom has a profile for this one. Try Dealroom → Value Fund, an open-ended equity scheme following a value investment strategy. The New Fund Offer opened on August 28, 2026 and closes on September 11, 2026. It will be managed by Nav Bhardwaj and benchmarked against the Nifty 500 TRI.
What's the endgame? The fund aims to generate long-term capital appreciation, investing 80%–100% of assets in equity and equity-related instruments. It will hold a portfolio of 50 to 80 companies across market capitalisations, remaining sector agnostic while targeting businesses with intrinsic value and unrecognised growth potential.
How does it pick stocks? The approach is built around a Rate of Change (ROCh) framework, which tracks measurable acceleration in demand, orders, output, or pricing. The investment thesis moves through four stages — Stimulus, Rate of Change, P&L Transmission, and ROCE Inflexion — using bottom-up stock selection with macro overlays and a five-filter allocation process.
Why now? The fund reframes value investing beyond simply buying cheap stocks. "Value investing has evolved beyond simply identifying stocks that appear inexpensive," said Mohit Bhatia, chief executive officer of Bank of India Investment ManagersDealroom has a profile for this one. Try Dealroom →. Chief investment officer Alok Singh added that "cheapness alone does not constitute value."
The minimum investment is ₹5,000, with additions in multiples of ₹1. The scheme offers Regular and Direct plans, each with Growth and IDCW options, and suits investors with a horizon of five years and above.
The signal: The launch adds another value-focused option to India's crowded mutual fund market, with the firm leaning on a proprietary ROCh framework to differentiate its pitch. Bank of India Investment Managers is a wholly owned subsidiary of Bank of India and the designated manager for the mutual fund's schemes.
Read more: topicsarena.com
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