BOB MF announces the launch of 3 schemes

July , 2004

BOB Mutual Fund has announced the launch of three schemes namely, BOB MIP Fund, BOB NRI Fund & BOB Children Fund. The IPO of the schemes will start on July 28th, 2004. BOB MIP Fund is an open-ended income scheme and the scheme aims to provide regular income by investing in debt and money market instruments and to generate long term capital appreciation by investing a portion in equities and equity related instruments.

BOB NRI Fund aims at providing attractive returns to NRIs through capital appreciation and an actively managed portfolio of debt, equity & money market instruments. BOB Children Fund Scheme aims to generate long term capital appreciation through a well researched portfolio comprising of equity, equity related instruments, debt & money market instruments. In order to attract investors, BOB Mutual Fund also offers various insurance cover along with this schemes to their investors.