Bank of India Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl

Bank of India Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl

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Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 10.63 as on 22-05-2024

About the Fund

Bank of India Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl 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

  1. Bank of India Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl has ₹310 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.
Fund Performance

Overview

Expense ratio
Expense ratio
1.24%
Benchmark
Benchmark
null
AUM
AUM
₹310 Cr
Inception Date
Inception Date
28 February, 2024
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Bank of India Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl Distribution as on (30-Apr-24)

  • Equity 38.1%

  • Debt & Cash 50.7%

Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
28.4%
Consumer Cyclical
18.8%
Industrial
16.3%
Basic Materials
15.4%
Tech
7.6%
Utilities
6.5%
Energy
2.4%
Real Estate
2.4%
Health
2.2%

Top Holdings of Bank of India Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings41
Debt Holdings11

Bank of India Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered returns of 6.26% since inception (28nd Feb 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 38.14% in Equity, 42.85% in Debt and 7.89% in Cash related instruments
AUM size ₹310 Cr

AUM size ₹310 Cr

This fund has AUM of ₹310 Cr which is less than its category average of ₹ 3132 Cr
Expense Ratio 1.24%

Expense Ratio 1.24%

This fund has an expense ratio of 1.24% which is more than its category average expense ratio of 1.21%

Frequently Asked Questions

The current NAV of Bank of India Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl is ₹10.63 as on 22-May-2024.
Existing (Absolute + CAGR) as on 22-May-2024.
Bank of India Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
2.79%
2.79%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
1.24% as on April 2024
₹310 Cr as on April 2024
ICICI Pru Gold ETF(8.89%), 7.1% Govt Stock 2029(7.94%), Indian Railway Finance Corp Ltd. 7.44%(7.94%), REC Ltd. 7.64%(7.94%), LIC Housing Finance Ltd. 7.835%(7.92%) as on April 2024
Corporate(27.9%), Government(21.8%), Cash Equivalent(12.16%) as on April 2024
AAA
100
The Exit load of Bank of India Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl is 1%