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Bank of India MF has launched Bank of India Multi Cap Fund, an open-ended scheme that aims to generate long term capital appreciation by investing in equity across market capitalisation.
The NFO closes on February 24, 2023 and Nitin Gosar will be the fund manager.
In a press release, Mohit Bhatia, CEO, Bank of India MF, said, “Given the positive & structural long-term strengths of Indian markets and with nature of volatility that is inherent in growth markets like India, we feel that a scheme that invests across categories of large, small and mid-cap companies may provide a good opportunity for investors looking for long term wealth creation.”
Alok Singh, CIO, Bank of India MF added, “The fund would be well suited for investors looking at exposure to growth-oriented equity funds with a minimum 3-5 years investment horizon.”
