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Bank of India Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationVery High Risk
Direct
NAV (20-Dec-24)
₹11.03-1.06%1D
Returns (Since Inception)
10.28%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹351 Cr
Expense Ratio
0.90%
ISIN
INF761K01FZ3
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
28 Feb 2024
About this fund
This fund has been in existence for 9 months and 24 days, having been launched on 28-Feb-24.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹11.03, Assets Under Management (AUM) of 351.16 Crores, and an expense ratio of 0.9%.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹11.03, Assets Under Management (AUM) of 351.16 Crores, and an expense ratio of 0.9%.
- Bank of India Multi Asset Allocation Fund Direct Growth has given a CAGR return of 10.28% since inception.
- The fund's asset allocation comprises around 39.48% in equities, 43.73% in debts, and 3.73% 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.
Since Inception
+10.28%
— (Cat Avg.)
Portfolio Summaryas of 15th December 2024
| Equity | ₹138.64 Cr | 39.48% |
| Debt | ₹153.56 Cr | 43.73% |
| Others | ₹58.97 Cr | 16.79% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Pru Gold ETF | Mutual Fund - ETF | ₹30.34 Cr | 8.60% |
| Indian Railway Finance Corp Ltd. 7.44% | Bond - Gov't Agency Debt | ₹25.48 Cr | 7.22% |
| Power Finance Corp Ltd. 7.6% | Bond - Corporate Bond | ₹25.19 Cr | 7.14% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.08 Cr | 7.11% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹25.05 Cr | 7.10% |
| Bajaj Finance Ltd. 8.1167% | Bond - Corporate Bond | ₹18.12 Cr | 5.14% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹15.02 Cr | 4.26% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹10.16 Cr | 2.88% |
| Nippon India ETF Gold BeES | Mutual Fund - ETF | ₹9.7 Cr | 2.75% |
| State Bank of India | Equity | ₹9.44 Cr | 2.68% |
| Treps | Cash - Repurchase Agreement | ₹8.1 Cr | 2.30% |
| Siemens Ltd | Equity | ₹7.49 Cr | 2.12% |
| DSP Gold ETF | Mutual Fund - ETF | ₹6.82 Cr | 1.93% |
| REC Ltd | Equity | ₹6.64 Cr | 1.88% |
| NTPC Green Energy Ltd | Equity | ₹6.37 Cr | 1.81% |
| Trent Ltd | Equity | ₹6.3 Cr | 1.79% |
| Vedanta Ltd | Equity | ₹6.23 Cr | 1.77% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹5.13 Cr | 1.45% |
| National Bank for Agriculture and Rural Development 7.68% | Bond - Gov't Agency Debt | ₹5.04 Cr | 1.43% |
| Grasim Industries Ltd | Equity | ₹4.59 Cr | 1.30% |
| Net Receivables / (Payables) | Cash - Collateral | ₹4.27 Cr | 1.21% |
| Mahindra & Mahindra Ltd | Equity | ₹4.24 Cr | 1.20% |
| Wockhardt Ltd | Equity | ₹4.22 Cr | 1.20% |
| Varun Beverages Ltd | Equity | ₹4.2 Cr | 1.19% |
| NTPC Ltd | Equity | ₹3.77 Cr | 1.07% |
| Tata Power Co Ltd | Equity | ₹3.77 Cr | 1.07% |
| Bharat Heavy Electricals Ltd | Equity | ₹3.7 Cr | 1.05% |
| Triveni Turbine Ltd | Equity | ₹3.54 Cr | 1.00% |
| Shriram Finance Ltd | Equity | ₹3.48 Cr | 0.99% |
| Titagarh Rail Systems Ltd | Equity | ₹3.4 Cr | 0.96% |
| ABB India Ltd | Equity | ₹3.35 Cr | 0.95% |
| Samvardhana Motherson International Ltd | Equity | ₹3.24 Cr | 0.92% |
| CarTrade Tech Ltd | Equity | ₹3.16 Cr | 0.90% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹2.8 Cr | 0.79% |
| Bank of Baroda | Equity | ₹2.58 Cr | 0.73% |
| Housing & Urban Development Corp Ltd | Equity | ₹2.57 Cr | 0.73% |
| Jupiter Wagons Ltd | Equity | ₹2.5 Cr | 0.71% |
| Aditya Birla Real Estate Ltd | Equity | ₹2.48 Cr | 0.70% |
| Mastek Ltd | Equity | ₹2.39 Cr | 0.68% |
| PCBL Chemical Ltd | Equity | ₹2.35 Cr | 0.67% |
| Senco Gold Ltd | Equity | ₹2.35 Cr | 0.67% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹2.33 Cr | 0.66% |
| Ami Organics Ltd | Equity | ₹2.33 Cr | 0.66% |
| Blue Star Ltd | Equity | ₹2.31 Cr | 0.65% |
| Multi Commodity Exchange of India Ltd | Equity | ₹2.13 Cr | 0.61% |
| Tata Technologies Ltd | Equity | ₹2.11 Cr | 0.60% |
| Larsen & Toubro Ltd | Equity | ₹2.1 Cr | 0.59% |
| PNB Housing Finance Ltd | Equity | ₹1.97 Cr | 0.56% |
| Tips Music Ltd | Equity | ₹1.94 Cr | 0.55% |
| Bharat Forge Ltd | Equity | ₹1.87 Cr | 0.53% |
| FIEM Industries Ltd | Equity | ₹1.66 Cr | 0.47% |
| Rane Holdings Ltd | Equity | ₹1.45 Cr | 0.41% |
| Welspun Living Ltd | Equity | ₹1.41 Cr | 0.40% |
| Reliance Industries Ltd | Equity | ₹1.27 Cr | 0.36% |
| Hyundai Motor India Ltd | Equity | ₹1.24 Cr | 0.35% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹1.23 Cr | 0.35% |
| Unicommerce eSolutions Ltd | Equity | ₹0.75 Cr | 0.21% |
Allocation By Market Cap (Equity)
Large Cap Stocks
22.32%
Mid Cap Stocks
2.51%
Small Cap Stocks
12.28%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹31.62 Cr | 8.96% |
| Industrials | ₹30.72 Cr | 8.71% |
| Consumer Cyclical | ₹26.93 Cr | 7.63% |
| Basic Materials | ₹17.98 Cr | 5.10% |
| Utilities | ₹13.92 Cr | 3.94% |
| Technology | ₹6.48 Cr | 1.84% |
| Healthcare | ₹4.22 Cr | 1.20% |
| Consumer Defensive | ₹4.2 Cr | 1.19% |
| Communication Services | ₹1.94 Cr | 0.55% |
| Energy | ₹1.27 Cr | 0.36% |
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
NJ
Nilesh Jethani
Since October 2024
Additional Scheme Detailsas of 15th December 2024
ISIN INF761K01FZ3 | Expense Ratio 0.90% | Exit Load 1.00% | Fund Size ₹351 Cr | Age 9 months | 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  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3695.40 Cr | 17.9% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹3695.40 Cr | 19.6% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹4683.26 Cr | 22.6% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹4683.26 Cr | 21.0% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.4% | 1.0% | ₹6985.79 Cr | 14.8% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3152.60 Cr | 29.7% |
| UTI Multi Asset Fund Regular Growth High Risk | 1.8% | 1.0% | ₹4682.25 Cr | 23.1% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.4% | 1.0% | ₹50987.95 Cr | 18.3% |
| HDFC Multi - Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3817.76 Cr | 15.1% |
| Motilal Oswal Multi Asset Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹101.09 Cr | 6.7% |
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Bank of India Multi Asset Allocation Fund Direct Growth?
The NAV of Bank of India Multi Asset Allocation Fund Direct Growth, as of 20-Dec-2024, is ₹11.03.
What is the portfolio composition of Bank of India Multi Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 39.48% in equities, 43.73% in bonds, and 3.73% in cash and cash equivalents.
Who manages the Bank of India Multi Asset Allocation Fund Direct Growth?
The fund managers responsible for Bank of India Multi Asset Allocation Fund Direct Growth are:-
- Mithraem Bharucha
- Nilesh Jethani
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.