Bank of India Multi Asset Allocation Fund Direct Growth

Fund Overview

Fund Size

₹356 Cr

Expense Ratio

0.81%

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 1 years, 4 months and 6 days, having been launched on 28-Feb-24.
As of 03-Jul-25, it has a Net Asset Value (NAV) of ₹11.55, Assets Under Management (AUM) of 356.15 Crores, and an expense ratio of 0.81%.

Bank of India Multi Asset Allocation Fund Direct Growth has given a CAGR return of 11.34% since inception.
The fund's asset allocation comprises around 38.15% in equities, 44.09% in debts, and 3.44% 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

+5.31%

— (Cat Avg.)

Since Inception

+11.34%

— (Cat Avg.)

Portfolio Summaryas of 15th June 2025

Equity	₹135.88 Cr	38.15%
Debt	₹157.04 Cr	44.09%
Others	₹63.23 Cr	17.75%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Pru Gold ETF	Mutual Fund - ETF	₹33.1 Cr	9.29%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹25.7 Cr	7.22%
Power Finance Corporation Limited	Bond - Corporate Bond	₹25.68 Cr	7.21%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹25.37 Cr	7.12%
Bajaj Finance Limited	Bond - Corporate Bond	₹18.32 Cr	5.14%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹16.3 Cr	4.58%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹10.23 Cr	2.87%
Nippon India ETF Gold BeES	Mutual Fund - ETF	₹9.85 Cr	2.77%
DSP Gold ETF	Mutual Fund - ETF	₹8.77 Cr	2.46%
State Bank of India	Equity	₹8.69 Cr	2.44%
Treps	Cash - Repurchase Agreement	₹7.82 Cr	2.20%
Mahindra & Mahindra Ltd	Equity	₹6.76 Cr	1.90%
NTPC Green Energy Ltd	Equity	₹6.63 Cr	1.86%
7.1% Govt Stock 2029	Bond - Gov't/Treasury	₹6.22 Cr	1.75%
Rec Limited	Bond - Corporate Bond	₹6.14 Cr	1.72%
UltraTech Cement Ltd	Equity	₹5.95 Cr	1.67%
Tata Power Co Ltd	Equity	₹5.56 Cr	1.56%
Vedanta Ltd	Equity	₹5.5 Cr	1.54%
Shriram Finance Ltd	Equity	₹5.34 Cr	1.50%
7.18% Govt Stock 2033	Bond - Gov't/Treasury	₹5.25 Cr	1.47%
6.79% Govt Stock 2034	Bond - Gov't/Treasury	₹5.15 Cr	1.45%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹5.14 Cr	1.44%
Bank of Baroda	Equity	₹5.02 Cr	1.41%
6.33% Gsec Mat - 05/05/2035	Bond - Gov't/Treasury	₹5.01 Cr	1.41%
Dr Reddy's Laboratories Ltd	Equity	₹4.97 Cr	1.40%
Coforge Ltd	Equity	₹4.36 Cr	1.22%
ICICI Bank Ltd	Equity	₹4.24 Cr	1.19%
Varun Beverages Ltd	Equity	₹4.06 Cr	1.14%
Net Receivables / (Payables)	Cash	₹3.69 Cr	1.04%
BSE Ltd	Equity	₹3.52 Cr	0.99%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹3.42 Cr	0.96%
Prudent Corporate Advisory Services Ltd	Equity	₹3.41 Cr	0.96%
Manorama Industries Ltd	Equity	₹3.41 Cr	0.96%
Housing & Urban Development Corp Ltd	Equity	₹2.99 Cr	0.84%
CreditAccess Grameen Ltd Ordinary Shares	Equity	₹2.95 Cr	0.83%
Shakti Pumps (India) Ltd	Equity	₹2.69 Cr	0.76%
Siemens Ltd	Equity	₹2.61 Cr	0.73%
Zaggle Prepaid Ocean Services Ltd	Equity	₹2.53 Cr	0.71%
Multi Commodity Exchange of India Ltd	Equity	₹2.46 Cr	0.69%
Balrampur Chini Mills Ltd	Equity	₹2.44 Cr	0.69%
Siemens Energy India Ltd	Equity	₹2.35 Cr	0.66%
Titagarh Rail Systems Ltd	Equity	₹2.34 Cr	0.66%
Aditya Birla Real Estate Ltd	Equity	₹2.21 Cr	0.62%
REC Ltd	Equity	₹2.19 Cr	0.61%
DLF Ltd	Equity	₹2.13 Cr	0.60%
Adani Ports & Special Economic Zone Ltd	Equity	₹2.11 Cr	0.59%
Kotak Mahindra Bank Ltd	Equity	₹2.11 Cr	0.59%
Export Import Bank Of India	Bond - Corporate Bond	₹2.04 Cr	0.57%
FIEM Industries Ltd	Equity	₹1.99 Cr	0.56%
PG Electroplast Ltd	Equity	₹1.92 Cr	0.54%
PNB Housing Finance Ltd	Equity	₹1.9 Cr	0.53%
PB Fintech Ltd	Equity	₹1.89 Cr	0.53%
ABB India Ltd	Equity	₹1.8 Cr	0.51%
Eris Lifesciences Ltd Registered Shs	Equity	₹1.8 Cr	0.50%
Jupiter Wagons Ltd	Equity	₹1.76 Cr	0.49%
Trent Ltd	Equity	₹1.68 Cr	0.47%
Hi-Tech Pipes Ltd	Equity	₹1.51 Cr	0.43%
Reliance Industries Ltd	Equity	₹1.43 Cr	0.40%
Syrma SGS Technology Ltd	Equity	₹1.31 Cr	0.37%
InterGlobe Aviation Ltd	Equity	₹1.24 Cr	0.35%
KRN Heat Exchanger and Refrigeration Ltd	Equity	₹0.72 Cr	0.20%
364 DTB 15012026	Bond - Gov't/Treasury	₹0.48 Cr	0.14%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹46.7 Cr	13.11%
Industrials	₹17.95 Cr	5.04%
Basic Materials	₹15.17 Cr	4.26%
Utilities	₹14.54 Cr	4.08%
Technology	₹10.83 Cr	3.04%
Consumer Cyclical	₹10.43 Cr	2.93%
Consumer Defensive	₹9.91 Cr	2.78%
Healthcare	₹6.77 Cr	1.90%
Real Estate	₹2.13 Cr	0.60%
Energy	₹1.43 Cr	0.40%

Risk & Performance Ratios

Fund Managers

Mithraem Bharucha

Since February 2024

Nilesh Jethani

Since October 2024

Additional Scheme Detailsas of 15th June 2025

ISIN

INF761K01FZ3

Expense Ratio

0.81%

Exit Load

1.00%

Fund Size

₹356 Cr

Age

1 year 4 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
Canara Robeco Multi Asset Allocation Fund Direct Growth Very High Risk	-	1.0%	-	-
Canara Robeco Multi Asset Allocation Fund Regular Growth Very High Risk	-	1.0%	-	-
LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk	0.5%	1.0%	₹577.29 Cr	-
LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk	2.3%	1.0%	₹577.29 Cr	-
Samco Multi Asset Allocation Fund Direct Growth Very High Risk	0.5%	1.0%	₹279.41 Cr	-
Samco Multi Asset Allocation Fund Regular Growth Very High Risk	2.2%	1.0%	₹279.41 Cr	-
Invesco India Multi Asset Allocation Fund Regular Growth Very High Risk	1.9%	1.0%	₹378.34 Cr	-
Invesco India Multi Asset Allocation Fund Direct Growth Very High Risk	0.5%	1.0%	₹378.34 Cr	-
Union Multi Asset Allocation Fund Regular Growth Very High Risk	2.2%	1.0%	₹784.87 Cr	-
Union Multi Asset Allocation Fund Direct Growth Very High Risk	1.0%	1.0%	₹784.87 Cr	-
Bajaj Finserv Multi Asset Allocation Fund Direct Growth Very High Risk	0.5%	1.0%	₹1176.38 Cr	7.9%
Bajaj Finserv Multi Asset Allocation Fund Regular Growth Very High Risk	2.0%	1.0%	₹1176.38 Cr	6.3%
Mahindra Manulife Multi Asset Allocation Fund Direct Growth Very High Risk	0.4%	0.0%	₹599.89 Cr	10.8%
Mahindra Manulife Multi Asset Allocation Fund Regular Growth Very High Risk	2.0%	0.0%	₹599.89 Cr	9.0%
Quantum Multi Asset Allocation Fund Regular Growth High Risk	2.0%	1.0%	₹35.07 Cr	8.2%
Quantum Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹35.07 Cr	9.9%
HSBC Multi Asset Allocation Fund Direct Growth Very High Risk	0.5%	1.0%	₹2104.90 Cr	4.6%
HSBC Multi Asset Allocation Fund Regular Growth Very High Risk	1.9%	1.0%	₹2104.90 Cr	3.2%
Bank of India Multi Asset Allocation Fund Regular Growth Very High Risk	1.9%	1.0%	₹356.15 Cr	4.2%
Bank of India Multi Asset Allocation Fund Direct Growth Very High Risk	0.8%	1.0%	₹356.15 Cr	5.3%
Mirae Asset Multi Asset Allocation Fund Regular Growth High Risk	2.0%	1.0%	₹1991.37 Cr	10.3%
Mirae Asset Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹1991.37 Cr	12.1%
Bandhan Multi Asset Allocation Fund Regular Growth Very High Risk	2.0%	0.0%	₹1928.26 Cr	9.1%
Bandhan Multi Asset Allocation Fund Direct Growth Very High Risk	0.5%	0.0%	₹1928.26 Cr	10.8%
Sundaram Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹2625.23 Cr	11.5%
Sundaram Multi Asset Allocation Fund Regular Growth High Risk	1.9%	1.0%	₹2625.23 Cr	9.8%
DSP Multi Asset Allocation Fund Regular Growth Very High Risk	1.6%	1.0%	₹3157.86 Cr	12.7%
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	1.0%	₹3157.86 Cr	14.2%
Kotak Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹7947.03 Cr	5.2%
Kotak Multi Asset Allocation Fund Regular Growth High Risk	1.7%	1.0%	₹7947.03 Cr	3.8%
Shriram Multi Asset Allocation Fund Direct Growth Very High Risk	0.6%	1.0%	₹146.00 Cr	-3.6%
Shriram Multi Asset Allocation Fund Regular Growth Very High Risk	2.4%	1.0%	₹146.00 Cr	-5.4%
Baroda BNP Paribas Multi Asset Fund Regular Growth Very High Risk	2.1%	1.0%	₹1181.78 Cr	5.6%
Baroda BNP Paribas Multi Asset Fund Direct Growth Very High Risk	0.9%	1.0%	₹1181.78 Cr	6.8%
Edelweiss Multi Asset Allocation Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹1734.87 Cr	8.7%
Edelweiss Multi Asset Allocation Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹1734.87 Cr	9.0%
Axis Multi Asset Allocation Fund Regular Growth Very High Risk	2.1%	1.0%	₹1436.16 Cr	6.9%
UTI Multi Asset Fund Direct Growth High Risk	0.6%	1.0%	₹5659.43 Cr	9.0%
Axis Multi Asset Allocation Fund Direct Growth Very High Risk	1.1%	1.0%	₹1436.16 Cr	8.0%
HDFC Multi - Asset Fund Direct Growth High Risk	0.8%	1.0%	₹4374.88 Cr	9.8%
ICICI Prudential Multi-Asset Fund Direct Growth Very High Risk	0.7%	1.0%	₹59452.32 Cr	12.4%
SBI Multi Asset Allocation Fund Direct Growth High Risk	0.6%	1.0%	₹8395.03 Cr	9.9%
WhiteOak Capital Multi Asset Allocation Fund Direct Growth Moderately High risk	0.5%	1.0%	₹2245.19 Cr	16.8%
WhiteOak Capital Multi Asset Allocation Fund Regular Growth Moderately High risk	1.7%	1.0%	₹2245.19 Cr	15.4%
Quant Multi Asset Fund Direct Growth High Risk	0.6%	1.0%	₹3416.14 Cr	7.4%
Tata Multi Asset Opportunities Fund Regular Growth Very High Risk	1.8%	1.0%	₹3795.12 Cr	6.3%
Tata Multi Asset Opportunities Fund Direct Growth Very High Risk	0.4%	1.0%	₹3795.12 Cr	7.8%
Motilal Oswal Multi Asset Fund Regular Growth High Risk	2.0%	1.0%	₹94.42 Cr	-10.0%
Motilal Oswal Multi Asset Fund Direct Growth High Risk	0.7%	1.0%	₹94.42 Cr	-8.7%
HDFC Multi - Asset Fund Regular Growth High Risk	1.9%	1.0%	₹4374.88 Cr	8.5%

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 03-Jul-2025, is ₹11.55.

What is the portfolio composition of Bank of India Multi Asset Allocation Fund Direct Growth?

The fund's allocation of assets is distributed as 38.15% in equities, 44.09% in bonds, and 3.44% 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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Fund Overview

Fund Size

₹356 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