Bank of India Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationVery High Risk
Direct
NAV (17-Apr-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹333 Cr
Expense Ratio
0.81%
ISIN
INF761K01FZ3
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
28 Feb 2024
About this fund
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹11.06, Assets Under Management (AUM) of 333.32 Crores, and an expense ratio of 0.81%.
- Bank of India Multi Asset Allocation Fund Direct Growth has given a CAGR return of 9.34% since inception.
- The fund's asset allocation comprises around 38.81% in equities, 43.04% in debts, and 3.86% in cash & cash equivalents.
- You can start investing in Bank of India Multi Asset Allocation Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.52%
— (Cat Avg.)
Since Inception
+9.34%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Equity | ₹129.35 Cr | 38.81% |
| Debt | ₹143.46 Cr | 43.04% |
| Others | ₹60.5 Cr | 18.15% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Pru Gold ETF | Mutual Fund - ETF | ₹29.44 Cr | 8.83% |
| Indian Railway Finance Corp Ltd. 7.44% | Bond - Gov't Agency Debt | ₹25.57 Cr | 7.67% |
| Power Finance Corp Ltd. 7.6% | Bond - Corporate Bond | ₹25.34 Cr | 7.60% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹25.17 Cr | 7.55% |
| Bajaj Finance Ltd. 8.1167% | Bond - Corporate Bond | ₹18.15 Cr | 5.44% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹16.1 Cr | 4.83% |
| Nippon India ETF Gold BeES | Mutual Fund - ETF | ₹11.14 Cr | 3.34% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹10.22 Cr | 3.07% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹10.15 Cr | 3.04% |
| Net Receivables / (Payables) | Cash | ₹8.93 Cr | 2.68% |
| State Bank of India | Equity | ₹8.46 Cr | 2.54% |
| DSP Gold ETF | Mutual Fund - ETF | ₹7.84 Cr | 2.35% |
| NTPC Green Energy Ltd | Equity | ₹6.21 Cr | 1.86% |
| Mahindra & Mahindra Ltd | Equity | ₹6 Cr | 1.80% |
| REC Ltd | Equity | ₹5.76 Cr | 1.73% |
| UltraTech Cement Ltd | Equity | ₹5.75 Cr | 1.73% |
| Vedanta Ltd | Equity | ₹5.56 Cr | 1.67% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹5.18 Cr | 1.55% |
| National Bank for Agriculture and Rural Development 7.68% | Bond - Gov't Agency Debt | ₹5.08 Cr | 1.53% |
| Siemens Ltd | Equity | ₹5.01 Cr | 1.50% |
| Varun Beverages Ltd | Equity | ₹4.67 Cr | 1.40% |
| Tata Power Co Ltd | Equity | ₹4.43 Cr | 1.33% |
| Dr Reddy's Laboratories Ltd | Equity | ₹4.18 Cr | 1.25% |
| Bank of Baroda | Equity | ₹4.11 Cr | 1.23% |
| Shriram Finance Ltd | Equity | ₹4.1 Cr | 1.23% |
| ICICI Bank Ltd | Equity | ₹4.03 Cr | 1.21% |
| Coforge Ltd | Equity | ₹3.94 Cr | 1.18% |
| BSE Ltd | Equity | ₹3.89 Cr | 1.17% |
| Ami Organics Ltd | Equity | ₹3.48 Cr | 1.04% |
| Wockhardt Ltd | Equity | ₹3.28 Cr | 0.98% |
| Treps | Cash - Repurchase Agreement | ₹3.15 Cr | 0.94% |
| Kotak Mahindra Bank Ltd | Equity | ₹3.04 Cr | 0.91% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹2.8 Cr | 0.84% |
| Housing & Urban Development Corp Ltd | Equity | ₹2.61 Cr | 0.78% |
| Manorama Industries Ltd | Equity | ₹2.55 Cr | 0.76% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹2.51 Cr | 0.75% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹2.38 Cr | 0.71% |
| Zaggle Prepaid Ocean Services Ltd | Equity | ₹2.09 Cr | 0.63% |
| Titagarh Rail Systems Ltd | Equity | ₹2.07 Cr | 0.62% |
| Export-Import Bank Of India | Bond - Corporate Bond | ₹2.02 Cr | 0.61% |
| PG Electroplast Ltd | Equity | ₹1.88 Cr | 0.56% |
| CarTrade Tech Ltd | Equity | ₹1.81 Cr | 0.54% |
| Balrampur Chini Mills Ltd | Equity | ₹1.78 Cr | 0.53% |
| Aditya Birla Real Estate Ltd | Equity | ₹1.76 Cr | 0.53% |
| KRN Heat Exchanger and Refrigeration Ltd | Equity | ₹1.74 Cr | 0.52% |
| Multi Commodity Exchange of India Ltd | Equity | ₹1.73 Cr | 0.52% |
| DLF Ltd | Equity | ₹1.7 Cr | 0.51% |
| ABB India Ltd | Equity | ₹1.66 Cr | 0.50% |
| Jupiter Wagons Ltd | Equity | ₹1.66 Cr | 0.50% |
| PB Fintech Ltd | Equity | ₹1.59 Cr | 0.48% |
| Hi-Tech Pipes Ltd | Equity | ₹1.54 Cr | 0.46% |
| Tips Music Ltd | Equity | ₹1.52 Cr | 0.46% |
| FIEM Industries Ltd | Equity | ₹1.48 Cr | 0.44% |
| Reliance Industries Ltd | Equity | ₹1.28 Cr | 0.38% |
| Senco Gold Ltd | Equity | ₹1.11 Cr | 0.33% |
| Arvind Ltd | Equity | ₹0.95 Cr | 0.28% |
| Carraro India Ltd | Equity | ₹0.88 Cr | 0.26% |
| 364 DTB 15012026 | Bond - Gov't/Treasury | ₹0.48 Cr | 0.14% |
| Trent Ltd | Equity | ₹0.27 Cr | 0.08% |
| Mastek Ltd | Equity | ₹0.11 Cr | 0.03% |
Allocation By Market Cap (Equity)
Large Cap Stocks
23.62%
Mid Cap Stocks
3.61%
Small Cap Stocks
11.58%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹44.51 Cr | 13.35% |
| Basic Materials | ₹18.1 Cr | 5.43% |
| Industrials | ₹12.91 Cr | 3.87% |
| Consumer Cyclical | ₹12.49 Cr | 3.75% |
| Utilities | ₹10.64 Cr | 3.19% |
| Technology | ₹9.77 Cr | 2.93% |
| Consumer Defensive | ₹8.99 Cr | 2.70% |
| Healthcare | ₹7.45 Cr | 2.24% |
| Real Estate | ₹1.7 Cr | 0.51% |
| Communication Services | ₹1.52 Cr | 0.46% |
| Energy | ₹1.28 Cr | 0.38% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Mithraem Bharucha
Since February 2024
Nilesh Jethani
Since October 2024
Additional Scheme Detailsas of 31st March 2025
ISIN INF761K01FZ3 | Expense Ratio 0.81% | Exit Load 1.00% | Fund Size ₹333 Cr | Age 1 year 1 month | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk | 0.6% | 1.0% | ₹499.80 Cr | - |
| LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹499.80 Cr | - |
| Samco Multi Asset Allocation Fund Direct Growth High Risk | 0.3% | 1.0% | ₹230.09 Cr | - |
| Samco Multi Asset Allocation Fund Regular Growth High Risk | 2.0% | 1.0% | ₹230.09 Cr | - |
| Invesco India Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹348.73 Cr | - |
| Invesco India Multi Asset Allocation Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹348.73 Cr | - |
| Union Multi Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹793.82 Cr | - |
| Union Multi Asset Allocation Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹793.82 Cr | - |
| Bajaj Finserv Multi Asset Allocation Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹1127.87 Cr | - |
| Bajaj Finserv Multi Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1127.87 Cr | - |
Risk Level
Your principal amount will be at Very High Risk
Take control of your wealth
Related Articles
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What is the current NAV of Bank of India Multi Asset Allocation Fund Direct Growth?
What is the portfolio composition of Bank of India Multi Asset Allocation Fund Direct Growth?
Who manages the Bank of India Multi Asset Allocation Fund Direct Growth?
- Mithraem Bharucha
- Nilesh Jethani
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
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Bank of India Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationVery High Risk
Direct
NAV (17-Apr-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹333 Cr
Expense Ratio
0.81%
ISIN
INF761K01FZ3
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
28 Feb 2024
Risk Level
Your principal amount will be at Very High Risk
About this fund
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹11.06, Assets Under Management (AUM) of 333.32 Crores, and an expense ratio of 0.81%.
- Bank of India Multi Asset Allocation Fund Direct Growth has given a CAGR return of 9.34% since inception.
- The fund's asset allocation comprises around 38.81% in equities, 43.04% in debts, and 3.86% in cash & cash equivalents.
- You can start investing in Bank of India Multi Asset Allocation Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.52%
— (Cat Avg.)
Since Inception
+9.34%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Equity | ₹129.35 Cr | 38.81% |
| Debt | ₹143.46 Cr | 43.04% |
| Others | ₹60.5 Cr | 18.15% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| ICICI Pru Gold ETF | Mutual Fund - ETF | ₹29.44 Cr | 8.83% |
| Indian Railway Finance Corp Ltd. 7.44% | Bond - Gov't Agency Debt | ₹25.57 Cr | 7.67% |
| Power Finance Corp Ltd. 7.6% | Bond - Corporate Bond | ₹25.34 Cr | 7.60% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹25.17 Cr | 7.55% |
| Bajaj Finance Ltd. 8.1167% | Bond - Corporate Bond | ₹18.15 Cr | 5.44% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹16.1 Cr | 4.83% |
| Nippon India ETF Gold BeES | Mutual Fund - ETF | ₹11.14 Cr | 3.34% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹10.22 Cr | 3.07% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹10.15 Cr | 3.04% |
| Net Receivables / (Payables) | Cash | ₹8.93 Cr | 2.68% |
| State Bank of India | Equity | ₹8.46 Cr | 2.54% |
| DSP Gold ETF | Mutual Fund - ETF | ₹7.84 Cr | 2.35% |
| NTPC Green Energy Ltd | Equity | ₹6.21 Cr | 1.86% |
| Mahindra & Mahindra Ltd | Equity | ₹6 Cr | 1.80% |
| REC Ltd | Equity | ₹5.76 Cr | 1.73% |
| UltraTech Cement Ltd | Equity | ₹5.75 Cr | 1.73% |
| Vedanta Ltd | Equity | ₹5.56 Cr | 1.67% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹5.18 Cr | 1.55% |
| National Bank for Agriculture and Rural Development 7.68% | Bond - Gov't Agency Debt | ₹5.08 Cr | 1.53% |
| Siemens Ltd | Equity | ₹5.01 Cr | 1.50% |
| Varun Beverages Ltd | Equity | ₹4.67 Cr | 1.40% |
| Tata Power Co Ltd | Equity | ₹4.43 Cr | 1.33% |
| Dr Reddy's Laboratories Ltd | Equity | ₹4.18 Cr | 1.25% |
| Bank of Baroda | Equity | ₹4.11 Cr | 1.23% |
| Shriram Finance Ltd | Equity | ₹4.1 Cr | 1.23% |
| ICICI Bank Ltd | Equity | ₹4.03 Cr | 1.21% |
| Coforge Ltd | Equity | ₹3.94 Cr | 1.18% |
| BSE Ltd | Equity | ₹3.89 Cr | 1.17% |
| Ami Organics Ltd | Equity | ₹3.48 Cr | 1.04% |
| Wockhardt Ltd | Equity | ₹3.28 Cr | 0.98% |
| Treps | Cash - Repurchase Agreement | ₹3.15 Cr | 0.94% |
| Kotak Mahindra Bank Ltd | Equity | ₹3.04 Cr | 0.91% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹2.8 Cr | 0.84% |
| Housing & Urban Development Corp Ltd | Equity | ₹2.61 Cr | 0.78% |
| Manorama Industries Ltd | Equity | ₹2.55 Cr | 0.76% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹2.51 Cr | 0.75% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹2.38 Cr | 0.71% |
| Zaggle Prepaid Ocean Services Ltd | Equity | ₹2.09 Cr | 0.63% |
| Titagarh Rail Systems Ltd | Equity | ₹2.07 Cr | 0.62% |
| Export-Import Bank Of India | Bond - Corporate Bond | ₹2.02 Cr | 0.61% |
| PG Electroplast Ltd | Equity | ₹1.88 Cr | 0.56% |
| CarTrade Tech Ltd | Equity | ₹1.81 Cr | 0.54% |
| Balrampur Chini Mills Ltd | Equity | ₹1.78 Cr | 0.53% |
| Aditya Birla Real Estate Ltd | Equity | ₹1.76 Cr | 0.53% |
| KRN Heat Exchanger and Refrigeration Ltd | Equity | ₹1.74 Cr | 0.52% |
| Multi Commodity Exchange of India Ltd | Equity | ₹1.73 Cr | 0.52% |
| DLF Ltd | Equity | ₹1.7 Cr | 0.51% |
| ABB India Ltd | Equity | ₹1.66 Cr | 0.50% |
| Jupiter Wagons Ltd | Equity | ₹1.66 Cr | 0.50% |
| PB Fintech Ltd | Equity | ₹1.59 Cr | 0.48% |
| Hi-Tech Pipes Ltd | Equity | ₹1.54 Cr | 0.46% |
| Tips Music Ltd | Equity | ₹1.52 Cr | 0.46% |
| FIEM Industries Ltd | Equity | ₹1.48 Cr | 0.44% |
| Reliance Industries Ltd | Equity | ₹1.28 Cr | 0.38% |
| Senco Gold Ltd | Equity | ₹1.11 Cr | 0.33% |
| Arvind Ltd | Equity | ₹0.95 Cr | 0.28% |
| Carraro India Ltd | Equity | ₹0.88 Cr | 0.26% |
| 364 DTB 15012026 | Bond - Gov't/Treasury | ₹0.48 Cr | 0.14% |
| Trent Ltd | Equity | ₹0.27 Cr | 0.08% |
| Mastek Ltd | Equity | ₹0.11 Cr | 0.03% |
Allocation By Market Cap (Equity)
Large Cap Stocks
23.62%
Mid Cap Stocks
3.61%
Small Cap Stocks
11.58%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹44.51 Cr | 13.35% |
| Basic Materials | ₹18.1 Cr | 5.43% |
| Industrials | ₹12.91 Cr | 3.87% |
| Consumer Cyclical | ₹12.49 Cr | 3.75% |
| Utilities | ₹10.64 Cr | 3.19% |
| Technology | ₹9.77 Cr | 2.93% |
| Consumer Defensive | ₹8.99 Cr | 2.70% |
| Healthcare | ₹7.45 Cr | 2.24% |
| Real Estate | ₹1.7 Cr | 0.51% |
| Communication Services | ₹1.52 Cr | 0.46% |
| Energy | ₹1.28 Cr | 0.38% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Mithraem Bharucha
Since February 2024
Nilesh Jethani
Since October 2024
Additional Scheme Detailsas of 31st March 2025
ISIN INF761K01FZ3 | Expense Ratio 0.81% | Exit Load 1.00% | Fund Size ₹333 Cr | Age 1 year 1 month | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk | 0.6% | 1.0% | ₹499.80 Cr | - |
| LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹499.80 Cr | - |
| Samco Multi Asset Allocation Fund Direct Growth High Risk | 0.3% | 1.0% | ₹230.09 Cr | - |
| Samco Multi Asset Allocation Fund Regular Growth High Risk | 2.0% | 1.0% | ₹230.09 Cr | - |
| Invesco India Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹348.73 Cr | - |
| Invesco India Multi Asset Allocation Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹348.73 Cr | - |
| Union Multi Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹793.82 Cr | - |
| Union Multi Asset Allocation Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹793.82 Cr | - |
| Bajaj Finserv Multi Asset Allocation Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹1127.87 Cr | - |
| Bajaj Finserv Multi Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1127.87 Cr | - |
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Bank of India Multi Asset Allocation Fund Direct Growth?
What is the portfolio composition of Bank of India Multi Asset Allocation Fund Direct Growth?
Who manages the Bank of India Multi Asset Allocation Fund Direct Growth?
- Mithraem Bharucha
- Nilesh Jethani
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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