Bank of India Mutual Fund (Formerly known as BOI AXA Mutual Fund)
BOI Mutual Fund, formerly known as BOI AXA Mutual Fund, is sponsored by Bank of India, one of India's large public sector banks established in 1906 with a nationwide branch network. SEBI-registered, the AMC has been in operation since 2008. Following the exit of AXA Investment Managers as a JV partner, the AMC was rebranded as BOI Mutual Fund, with all existing schemes and investor folios carried over seamlessly. The AMC offers equity, debt, hybrid, and index schemes. Bank of India's institutional backing and pan-India branch presence support the AMC's distribution and investor servicing.
Total AUM
₹15.56K Cr
as on 31-May-2026
AUM Change
+ ₹361 Cr
Apr '26 → May '26
Total Funds
22
11 Equity · 6 Debt · 5 Hybrid
Fund Managers
6
Active portfolio managers
Best Bank of India Mutual Fund (Formerly known as BOI AXA Mutual Fund)s
AUM ₹2318 Cr •
Expense 0.4%
AUM ₹789 Cr •
Expense 0.6%
AUM ₹1110 Cr •
Expense 0.7%
AUM ₹2460 Cr •
Expense 0.5%
AUM ₹473 Cr •
Expense 1%
AUM ₹213 Cr •
Expense 0.8%
AUM ₹64 Cr •
Expense 1.1%
AUM ₹1380 Cr •
Expense 0.8%
AUM ₹458 Cr •
Expense 1%
AUM ₹32 Cr •
Expense 1.1%
AUM ₹362 Cr •
Expense 1%
AUM ₹722 Cr •
Expense 1.1%
AUM ₹273 Cr •
Expense 1.1%
Which BOI AXA Funds are gaining or losing investor interest?
Net cash flow into BOI AXA Mutual Fund schemes — for the month of May 2026.
Highest Inflow — May 2026
Fund | Net Flow |
|---|---|
 Bank of India Overnight Fund | +₹100 Cr |
Bank of India Flexi Cap Fund | +₹74 Cr |
Bank of India Mid & Small Cap Equity & Debt Fund | +₹56 Cr |
Bank of India Small Cap Fund | +₹38 Cr |
Bank of India Multi Cap Fund | +₹29 Cr |
Highest Outflow — May 2026
Fund | Net Flow |
|---|---|
Bank of India Liquid Fund | -₹23 Cr |
Bank of India Money Market Fund | -₹22 Cr |
Bank of India Credit Risk Fund | -₹17 Cr |
Bank of India Ultra Short Duration Fund | -₹14 Cr |
Bank of India Consumption Fund | -₹10 Cr |
Compare Bank of India Mutual Fund (Formerly known as BOI AXA Mutual Fund) with other AMCs
AMC | AUM(in Cr) | AUM change (1M) | AUM Rank | Action |
|---|---|---|---|---|
 ICICI | ₹10.3L Cr | + ₹80.5K Cr | 1/51 | Invest |
 SBI | ₹9.1L Cr | + ₹85.2K Cr | 2/51 | Invest |
 HDFC | ₹9.2L Cr | + ₹82.9K Cr | 3/51 | Invest |
 Kotak | ₹5.8L Cr | + ₹53.8K Cr | 4/51 | Invest |
 Nippon | ₹5.2L Cr | + ₹62.3K Cr | 5/51 | Invest |
 Aditya Birla Sun Life | ₹4.2L Cr | + ₹36.3K Cr | 6/51 | Invest |
 Axis | ₹3.7L Cr | + ₹52.6K Cr | 7/51 | Invest |
 UTI | ₹2.6L Cr | + ₹34K Cr | 8/51 | Invest |
Management Team | |
Mr. Mohit Bhatia | CEO |
Mr. Alok Singh | Chief Investment Officer |
Mr. Harish Kumar | Chief Compliance Officer |
Top Fund Managers of Bank of India Mutual Fund (Formerly known as BOI AXA Mutual Fund)
Key information about Bank of India Mutual Fund
Bank of India Investment Managers Private Limited, B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013
1800 - 266 - 2676
1800 - 103 - 2263
Ms. Roshni Pawar
2261249024
How to Start Investing in Bank of India Mutual Funds with INDmoney
After you have understood how Bank of India Mutual Funds are, it is time for you to start your investment process with INDmoney. Below are some simple steps to follow to start your mutual fund's investment journey with us.
Step 1: Download the INDmoney app and create your free investment account by completing your KYC ( Know Your Customer).
Step 2: Once your Free investment account is ready, you can either search for a Bank of India mutual fund or go to the mutual fund section.
Step 3: Choose any Bank of India Mutual Fund by looking at aspects like past returns, volatility, downside capture ratio, AUM, Expense ratios and underlying stocks and sectors.
Step 4: You can choose to set up SIP in any Bank of India Mutual Funds or even invest as a lump sum. Once you are on the individual Bank of India mutual Fund page, click from the bottom “One-time” for lump sum investment or “SIP” for systematic investment plan.
Step 5: Choose the amount that you want to invest as SIP or Lump Sum.
Step 6: Set up payments. If you choose to set up SIP in any Bank of India mutual funds, you can do a free automatic pay set up via bank mandate or UPI. If you choose to invest in a lump sum (one-time), then you can pay via UPI, netbanking, NEFT or RTGS.
Frequently asked questions
You can calculate the Daily/ Weekly/ Monthly/ Quarterly SIP Amount for all BOI AXA Mutual Funds using INDMoney’s BOI AXA SIP Calculator
Like all mutual funds, Bank of India’s mutual fund business is regulated by SEBI. In that sense, it is safe. As far as the returns on your investment are concerned, nearly all mutual funds carry some market-related risks. You must do a thorough analysis of a scheme to know how much risk it carries.
It offers 16 mutual fund schemes. It includes 7 equity schemes, 5 debt schemes, and 4 hybrid schemes.
The taxation rate will depend on the type of scheme you have invested in and the investment period. Depending on these 2 factors, either short-term capital gains tax or long-term capital gains tax will be applicable.
You can request a mutual fund statement by logging into the bank’s online portal. You can also use the INDmoney app to download your mutual fund statement.
Some of the factors you should consider for investing in a mutual fund are:
- Experience of the fund manager
- Past performance of the fund
- AMC’s reputation
- Your risk appetite
- Investment horizon
- Portfolio of the scheme