Bank of India Consumption Fund - Direct Plan - Growth

Scheme Objective

The Investment objective of the Scheme is to provide longterm capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors.

Scheme Details

• Fund manager(s) – Nitin Gosar
• Launch date – 20-Dec-2024
• Expense ratio – 1.26% as declared on 30-Sep-2025 (category average is 0.89%)
• Benchmark - Nifty India Consumption TRI

• Min SIP amount - ₹
• Min investment amount (one time- first time) - ₹
• Min investment amount (addtional purchase) - ₹
• Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Bank of India Consumption Fund - Direct Plan - Growth charges 1.0% of sell value; if fund sold before 90 days. There are no other charges.

Tax Rate

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.

Contact Details