Bank of India Multi Asset Allocation Fund Direct Growth
Get the latest NAV of Bank of India Multi Asset Allocation Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹11.23
▲0.4%1D
NAV as on 14 May 2025
10.07%/per year
Since Inception
▲▼
21 people have invested ₹ 71K in Bank of India Multi Asset Allocation Fund Direct Growth in the last three months
Fund Performance
as on (14-May-25)
Peer comparison
Bank of India Multi Asset Allocation Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Bank of India Multi Asset Allocation Fund Asset Allocation
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Equity 39.4%
Debt & Cash 46.2%
Bank of India Multi Asset Allocation Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Equity 39.4%
Debt & Cash 46.2%
Top 3 Sectors in April were Corporate, Government & Financial Services
Corporate
56%
Government
37%
Financial Services
36%
Corporate
56%
Government
36%
Financial Services
34%
Bank of India Multi Asset Allocation Fund Holdings Details
as on (30-Apr-25)
Equity
Debt & Cash
Bank of India Multi Asset Allocation Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.81% |
Benchmark | null |
| AUM | ₹337 Cr |
| Inception Date | 28 February, 2024 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 32.92% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
About Bank of India Multi Asset Allocation Fund
Bank of India Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 28 February, 2024. The fund is managed by . This fund gives you the benefit of diversification.
Key Parameters
- Bank of India Multi Asset Allocation Fund Direct Growth has ₹337 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
Bank of India Multi Asset Allocation Fund Direct Growth has given a CAGR return of 10.07% since inception. Over the last 1 year the fund has given a CAGR return of 7.33%.
Holdings
Bank of India Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Corporate, Government, Financial Services, Basic Materials, Consumer Cyclical, Industrial, Utilities, Consumer Defensive, Cash Equivalent, Tech, Health, Real Estate, Energy.
Taxation
As it is a multi asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Bank of India Multi Asset Allocation Fund Direct Growth
The investment objective of the scheme is to seek long term capital growth by predominantly investing in equity and equity related securities, debt & money market instruments and Gold ETF. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/ indicate any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Bank of India Multi Asset Allocation Fund Direct Growth has no lock in period.
- AUM of the fund stands at 337 Cr as of Apr'25
- AUM increased by 3.6 Cr between Apr'25 and Mar'25
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Frequently Asked Questions for Bank of India Multi Asset Allocation Fund Direct Growth
What is the current NAV of Bank of India Multi Asset Allocation Fund Direct Growth?
What are the average returns of Bank of India Multi Asset Allocation Fund Direct Growth?
Bank of India Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.04% | 4.04% |
6 Month Returns | 4.05% | 4.05% |
1 Year Returns | 7.33% | 7.33% |
3 Years Returns | 0% | 0% |
How do I invest in Bank of India Multi Asset Allocation Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Bank of India Multi Asset Allocation Fund Direct Growth?
What is net assets under management (AUM) of Bank of India Multi Asset Allocation Fund Direct Growth?
What are the top 5 holdings of Bank of India Multi Asset Allocation Fund Direct Growth?
What are the top 3 sectors that this Bank of India Multi Asset Allocation Fund Direct Growth has invested in?
What is the credit rating breakup of Bank of India Multi Asset Allocation Fund Direct Growth?
AAA | 100 |