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  • Mutual Funds
  • Bank of India Multi Asset Allocation Fund-Dir (G)
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Bank of India Multi Asset Allocation Fund-Dir (G)

Multi Asset Allocation
Invest Now

  • NAV

    11.02(0.36%)

  • Fund Size (CR)

    ₹351.16

  • Expense Ratio

    0.9

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹5,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹1,000

  • Minimum Withdrawal

    ₹1,000

  • Exit Load For Redemption/switch out - of up to 10% of the initial units allotted - within 1 year from the date allotment - Nil 1.00% - If the units are swiched out within 1 year from the date of allotment of units Nil - If the units are redeemed/switched out after 1 year from the date of allotment of units.

    0%

  • Return Since Launch

    9.52%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -1.93%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Mithraem Bharucha

Bench Mark

37.50% of Nifty 500 TRI + 50% of Nifty Composite Debt Index + 12.50% of Domestic Prices of Gold

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 23 December 20249918.31-0.82%--0.06%99/104
1 Month29 November 20249863.64-1.36%--0.56%87/100
3 Month30 September 20249764.53-2.35%--3.21%15/100
6 Month28 June 202410025.360.25%-2.21%83/96
1 Year----15.87%-/-
3 Year--0%-14.82%-/-
5 Year--0%-17.47%-/-
Since Inception28 February 202410951.609.52%9.52%13.06%80/102

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 March 20241,10,000112273.842.07% 2.07%
3 Year-----
5 Year-----
10 Year-----

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 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 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

1.55%

Standard Deviation

0.31%

Beta

1.41%

Sharpe Ratio

0.09%

Treynor's Ratio

5.74%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
St Bk of India2.68%1096179.44EquityBanks
Siemens2.12%95007.49EquityCapital Goods - Electrical Equipment
REC Ltd1.88%1192786.64EquityFinance
NTPC Green1.81%4420006.37EquityPower Generation & Distribution
Trent1.79%90006.30EquityRetail
Vedanta1.77%1200006.23EquityMining & Mineral products
Grasim Inds1.30%170324.59EquityTextiles
M & M1.20%137504.24EquityAutomobile
Wockhardt1.20%302414.22EquityPharmaceuticals
Varun Beverages1.19%650004.20EquityFMCG

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Bank of India Multi Asset Allocation Fund-Dir (G)
351.16-1.36%-2.35%0.25%--
Quant Multi Asset Fund - Direct (G)
3152.60-1.23%-3.19%2.66%27.60%22.43%
Quant Multi Asset Fund - Direct (IDCW)
3152.60-1.23%-3.19%2.66%27.58%22.41%
UTI-Multi Asset Allocation Fund - Direct (G)
4682.250.36%-3.32%4.28%21.82%18.90%
UTI-Multi Asset Allocation Fund - Direct (IDCW)
4682.250.36%-3.32%4.27%21.82%18.90%
Nippon India Multi Asset Allocation Fund-Dir (G)
4683.26-0.75%-3.08%3.57%20.10%16.64%

News

  • Bank of India MF announces change in Fund Manager of the following schemes

    Bank of India Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 01 October 2024

    Change in Fund Managers of the Schemes:

    Scheme Name Existing Fund Manager(s) New Fund Manager(s)
    Bank of India Small Cap Fund Mr. Dhruv Bhatia Mr. Alok Singh
    Bank of India Blue Chip Fund Mr. Dhruv Bhatia ' Mr. Alok Singh
    ' Mr. Nilesh Jethani ' Co-Fund Manager
    Bank of India Midcap Tax Fund - Series 1 Mr. Dhruv Bhatia Mr. Nilesh Jethani
    Bank of India Midcap Tax Fund - Series 2 Mr. Dhruv Bhatia Mr. Nilesh Jethani
    Bank of India Arbitrage Fund Mr. Alok Singh Mr. Firdaus Ragina

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

7 February 2024

Total AUM (Cr)

₹352.79

Bank of India Multi Asset Allocation Fund-Dir (G) is an Multi Asset Allocation-oriented fund from the renowned AMC, Bank of India Mutual Fund. Launched in 7 February 2024, this fund is managed by Mithraem Bharucha. With assets under management (AUM) worth ₹352.79 (Cr), as of 1 January 2025, Bank of India Multi Asset Allocation Fund-Dir (G) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 9.52% since its launch.
The current NAV of Bank of India Multi Asset Allocation Fund-Dir (G) is ₹11.02, as on 1 January 2025. The fund's benchmark index is 37.50% of Nifty 500 TRI + 50% of Nifty Composite Debt Index + 12.50% of Domestic Prices of Gold. You can invest in Bank of India Multi Asset Allocation Fund-Dir (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
For Redemption/switch out - of up to 10% of the initial units allotted - within 1 year from the date allotment - Nil 1.00% - If the units are swiched out within 1 year from the date of allotment of units Nil - If the units are redeemed/switched out after 1 year from the date of allotment of units. The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 39.49% in Equity, 46.03% in Debt and 14.48% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 49.53% in Debt, 11.49% in Others, 4.75% in Finance, 4.70% in Electrical Equipments, 3.07% in Banks

FAQs

How to Invest in Bank of India Multi Asset Allocation Fund-Dir (G) Direct Growth?

Bank of India Multi Asset Allocation Fund-Dir (G) is a popular fund in the Multi Asset Allocation segment. The fund has generated a return of 9.52% since inception. Looking to invest in Bank of India Multi Asset Allocation Fund-Dir (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Bank of India Multi Asset Allocation Fund-Dir (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Bank of India Multi Asset Allocation Fund-Dir (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Bank of India Multi Asset Allocation Fund-Dir (G) today and reap the benefits of this Multi Asset Allocation fund!

How much returns has Bank of India Multi Asset Allocation Fund-Dir (G) Direct Growth generated?

In the short term, i.e., 1 year, Bank of India Multi Asset Allocation Fund-Dir (G) has generated annualised return of undefined%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated 9.52% returns.

What is the expense ratio of Bank of India Multi Asset Allocation Fund-Dir (G) Direct Growth?

The expense ratio of Bank of India Multi Asset Allocation Fund-Dir (G) Direct Growth is 0.90%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Bank of India Multi Asset Allocation Fund-Dir (G) Fund Direct Growth?

The Assets Under Management (AUM) of Bank of India Multi Asset Allocation Fund-Dir (G) is ₹352.79 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Bank of India Multi Asset Allocation Fund-Dir (G) Direct Growth?

Redeeming or selling units of Bank of India Multi Asset Allocation Fund-Dir (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Bank of India Multi Asset Allocation Fund-Dir (G):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Bank of India Multi Asset Allocation Fund-Dir (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.