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Fund Overview

Fund Size

Fund Size

₹349 Cr

Expense Ratio

Expense Ratio

1.07%

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 8 months and 5 days, having been launched on 28-Feb-24.
As of 31-Oct-24, it has a Net Asset Value (NAV) of ₹11.08, Assets Under Management (AUM) of 348.76 Crores, and an expense ratio of 1.07%.
  • Bank of India Multi Asset Allocation Fund Direct Growth has given a CAGR return of 10.84% since inception.
  • The fund's asset allocation comprises around 38.22% in equities, 46.59% in debts, and 4.45% 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

+10.84%

(Cat Avg.)

Portfolio Summaryas of 15th October 2024

Equity133.31 Cr38.22%
Debt162.5 Cr46.59%
Others52.96 Cr15.18%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Pru Gold ETFMutual Fund - ETF30.03 Cr8.44%
Indian Railway Finance Corp Ltd. 7.44%Bond - Gov't Agency Debt25.47 Cr7.16%
Power Finance Corp Ltd. 7.6%Bond - Corporate Bond25.33 Cr7.12%
Rural Electrification Corporation LimitedBond - Corporate Bond25.15 Cr7.07%
LIC Housing Finance LimitedBond - Corporate Bond25.1 Cr7.06%
Bajaj Finance Ltd. 8.1167%Bond - Corporate Bond18.12 Cr5.09%
National Bank for Agriculture and Rural Development 7.68%Bond - Gov't Agency Debt16.2 Cr4.56%
Tata Capital Housing Finance LimitedBond - Corporate Bond15.06 Cr4.23%
Net Receivables / (Payables)Cash - Collateral10.5 Cr2.95%
7.10% Govt Stock 18042028Bond - Gov't/Treasury10.16 Cr2.86%
State Bank of IndiaEquity8.82 Cr2.48%
Siemens LtdEquity6.69 Cr1.88%
Trent LtdEquity6.5 Cr1.83%
REC LtdEquity6.45 Cr1.81%
Vedanta LtdEquity5.88 Cr1.65%
Nippon India ETF Gold BeESMutual Fund - ETF5.76 Cr1.62%
07.18 Goi 14082033Bond - Gov't/Treasury5.13 Cr1.44%
HDFC Bank LimitedCash - CD/Time Deposit4.68 Cr1.31%
Grasim Industries LtdEquity4.66 Cr1.31%
NTPC LtdEquity4.51 Cr1.27%
Bharat Heavy Electricals LtdEquity4.14 Cr1.16%
Tata Power Co LtdEquity4.08 Cr1.15%
Varun Beverages LtdEquity3.97 Cr1.12%
Mahindra & Mahindra LtdEquity3.94 Cr1.11%
ABB India LtdEquity3.76 Cr1.06%
Triveni Turbine LtdEquity3.58 Cr1.01%
DSP Gold ETFMutual Fund - ETF2.99 Cr0.84%
Titagarh Rail Systems LtdEquity2.98 Cr0.84%
Eicher Motors LtdEquity2.79 Cr0.78%
Samvardhana Motherson International LtdEquity2.59 Cr0.73%
Jindal Stainless LtdEquity2.58 Cr0.73%
Aditya Birla Real Estate LtdEquity2.57 Cr0.72%
Rategain Travel Technologies LtdEquity2.55 Cr0.72%
SBI Life Insurance Co LtdEquity2.5 Cr0.70%
Prudent Corporate Advisory Services LtdEquity2.48 Cr0.70%
Housing & Urban Development Corp LtdEquity2.36 Cr0.66%
Jupiter Wagons LtdEquity2.33 Cr0.66%
Hindustan Aeronautics Ltd Ordinary SharesEquity2.29 Cr0.64%
Blue Star LtdEquity2.27 Cr0.64%
Mastek LtdEquity2.14 Cr0.60%
Oil & Natural Gas Corp LtdEquity2.14 Cr0.60%
PCBL LtdEquity2.14 Cr0.60%
CarTrade Tech LtdEquity2.09 Cr0.59%
PNB Housing Finance LtdEquity2.07 Cr0.58%
Bharat Forge LtdEquity2.05 Cr0.58%
Larsen & Toubro LtdEquity1.91 Cr0.54%
Linde India LtdEquity1.88 Cr0.53%
Bank of BarodaEquity1.83 Cr0.51%
Ami Organics LtdEquity1.82 Cr0.51%
Tips Music LtdEquity1.74 Cr0.49%
Rail Vikas Nigam LtdEquity1.66 Cr0.47%
Rane Holdings LtdEquity1.63 Cr0.46%
TeamLease Services LtdEquity1.52 Cr0.43%
Cholamandalam Investment and Finance Co LtdEquity1.5 Cr0.42%
Senco Gold LtdEquity1.45 Cr0.41%
Tata Technologies LtdEquity1.35 Cr0.38%
Reliance Industries LtdEquity1.34 Cr0.38%
Godrej Consumer Products LtdEquity1.34 Cr0.38%
Welspun Living LtdEquity1.31 Cr0.37%
Multi Commodity Exchange of India LtdEquity1.04 Cr0.29%
FIEM Industries LtdEquity0.93 Cr0.26%
Unicommerce eSolutions LtdEquity0.91 Cr0.26%
Schneider Electric Infrastructure LtdEquity0.87 Cr0.24%
TrepsCash - Repurchase Agreement0.05 Cr0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Industrials34 Cr9.56%
Financial Services29.05 Cr8.17%
Consumer Cyclical25.28 Cr7.11%
Basic Materials21.52 Cr6.05%
Utilities8.59 Cr2.41%
Technology6.96 Cr1.96%
Consumer Defensive5.31 Cr1.49%
Energy3.49 Cr0.98%
Communication Services1.74 Cr0.49%

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 15th October 2024

ISIN
INF761K01FZ3
Expense Ratio
1.07%
Exit Load
1.00%
Fund Size
₹349 Cr
Age
8 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
NIFTY 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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.

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

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0.5%1.0%₹3729.26 Cr29.5%
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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1.5%1.0%₹50495.58 Cr29.8%
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1.9%1.0%₹3701.65 Cr24.5%
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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 31-Oct-2024, is ₹11.08.
The fund's allocation of assets is distributed as 38.22% in equities, 46.59% in bonds, and 4.45% 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