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Fund Overview

Fund Size

Fund Size

₹310 Cr

Expense Ratio

Expense Ratio

1.16%

ISIN

ISIN

INF761K01FZ3

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

28 Feb 2024

About this fund

This fund has been in existence for 2 months and 22 days, having been launched on 28-Feb-24.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹10.60, Assets Under Management (AUM) of 310.32 Crores, and an expense ratio of 1.16%.
  • Bank of India Multi Asset Allocation Fund Direct Growth has given a CAGR return of 5.95% since inception.
  • The fund's asset allocation comprises around 38.72% in equities, 41.81% in debts, and 8.69% 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

+5.95%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity120.14 Cr38.72%
Debt129.75 Cr41.81%
Others60.43 Cr19.47%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Pru Gold ETFMutual Fund - ETF27.59 Cr8.89%
Indian Railway Finance Corp Ltd. 7.44%Bond - Gov't Agency Debt25.01 Cr8.06%
REC Ltd. 7.64%Bond - Corporate Bond24.96 Cr8.04%
LIC Housing Finance Ltd. 7.835%Bond - Corporate Bond24.96 Cr8.04%
7.1% Govt Stock 2029Bond - Gov't/Treasury24.9 Cr8.02%
Power Finance Corp Ltd. 7.6%Bond - Corporate Bond14.96 Cr4.82%
Small Industries Development Bank of India 7.68%Bond - Corporate Bond9.97 Cr3.21%
Cholamandalam Investment & Finance Co Ltd.Cash - Commercial Paper9.89 Cr3.19%
State Bank of IndiaEquity8.42 Cr2.71%
Bank of BarodaEquity6.99 Cr2.25%
RepoCash - Repurchase Agreement6.79 Cr2.19%
7.18% Govt Stock 2033Bond - Gov't/Treasury4.99 Cr1.61%
Punjab National BankBond - Gov't Agency Debt4.96 Cr1.60%
Trent LtdEquity4.85 Cr1.56%
Grasim Industries LtdEquity4.79 Cr1.54%
Vedanta LtdEquity4.69 Cr1.51%
Tata Power Co LtdEquity4.65 Cr1.50%
IndusInd Bank LtdEquity4.62 Cr1.49%
Tata Motors LtdEquity4.19 Cr1.35%
Mastek LtdEquity3.87 Cr1.25%
Nippon Life India Asset Management Ltd Ordinary SharesEquity3.74 Cr1.21%
Nippon India ETF Gold BeESMutual Fund - ETF3.65 Cr1.18%
ABB India LtdEquity3.5 Cr1.13%
Bharat Heavy Electricals LtdEquity3.42 Cr1.10%
REC LtdEquity3.36 Cr1.08%
Senco Gold LtdEquity3.3 Cr1.06%
BSE LtdEquity3.24 Cr1.04%
NTPC LtdEquity3.18 Cr1.03%
Rategain Travel Technologies LtdEquity3.05 Cr0.98%
Larsen & Toubro LtdEquity3.02 Cr0.97%
Siemens LtdEquity2.92 Cr0.94%
Reliance Industries LtdEquity2.91 Cr0.94%
Jindal Stainless LtdEquity2.87 Cr0.92%
DSP Gold ETFMutual Fund - ETF2.85 Cr0.92%
DLF LtdEquity2.83 Cr0.91%
Blue Star LtdEquity2.78 Cr0.89%
Sun Pharmaceuticals Industries LtdEquity2.67 Cr0.86%
Multi Commodity Exchange of India LtdEquity2.63 Cr0.85%
Net Receivables / (Payables)Cash2.61 Cr0.84%
Eicher Motors LtdEquity2.57 Cr0.83%
UNO Minda LtdEquity2.5 Cr0.81%
Triveni Turbine LtdEquity2.27 Cr0.73%
Hitachi Energy India Ltd Ordinary SharesEquity2.24 Cr0.72%
Welspun Living LtdEquity2.18 Cr0.70%
JK Cement LtdEquity2.18 Cr0.70%
JSW Steel LtdEquity2.12 Cr0.68%
HDFC Bank LimitedCash - CD/Time Deposit1.88 Cr0.61%
Century Textiles & Industries LtdEquity1.84 Cr0.59%
TeamLease Services LtdEquity1.66 Cr0.53%
Lemon Tree Hotels LtdEquity1.52 Cr0.49%
Bharat Forge LtdEquity1.44 Cr0.47%
Cholamandalam Investment and Finance Co LtdEquity0.62 Cr0.20%
Fusion Micro Finance LtdEquity0.53 Cr0.17%
TrepsCash - Repurchase Agreement0.2 Cr0.06%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services34.15 Cr11.00%
Consumer Cyclical22.55 Cr7.27%
Industrials19.56 Cr6.30%
Basic Materials18.48 Cr5.96%
Technology9.15 Cr2.95%
Utilities7.83 Cr2.52%
Energy2.91 Cr0.94%
Real Estate2.83 Cr0.91%
Healthcare2.67 Cr0.86%

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

Mithraem Bharucha

Since February 2024

AS

Alok Singh

Since February 2024

Additional Scheme Detailsas of 30th April 2024

ISININF761K01FZ3Expense Ratio1.16%Exit Load1.00%Fund Size₹310 CrAge28 Feb 2024Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY 500 TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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1Y
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Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth

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Nippon India Multi Asset fund Direct Growth

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Nippon India Multi Asset fund Regular Growth

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SBI Multi Asset Allocation Fund Regular Growth

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Quant Multi Asset Fund Regular Growth

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UTI Multi Asset Fund Regular Growth

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ICICI Prudential Multi-Asset Fund Regular Growth

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Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Bank of India Multi Asset Allocation Fund Direct Growth, as of 17-May-2024, is ₹10.60.
The fund's allocation of assets is distributed as 38.72% in equities, 41.81% in bonds, and 8.69% in cash and cash equivalents.
The fund managers responsible for Bank of India Multi Asset Allocation Fund Direct Growth are:-
  1. Mithraem Bharucha
  2. Alok Singh