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Bank of India Mutual Fund
September 28 , 2012

Bank of India is set to re-enter mutual fund business. Bank of India Mutual Fund had begun operations in 1990 and exited in 2004 by transferring two funds to Taurus Mutual Fund and redeeming the remaining four funds. BOI is to enter a joint venture with AXA Investment Management to form BOI AXA Mutual Fund in May 2012. Bharti Ventures Ltd., the current partner in Bharti AXA Mutual Fund will exit the joint venture.

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