Bank of India Multi Asset Allocation Fund - Direct Plan does not yet have a 5-year performance history.
The average return for Multi Asset Allocation funds is 67.77% .
The largest portfolio holding is 744% INDIAN RAILWAY FINANCE CORP LTD 28 02 2034 with a portfolio weight of 6.67% .
The fund currently owns more than 62 stocks.
The top 10 holdings account for 43.57% of total assets.
Based on portfolio allocation, this fund appears moderately concentrated compared with peers.
| Metric | Fund | Category Avg |
|---|---|---|
| 1 Year Return | 24.06% | 8.09% |
| 2 Year Return | N/A | 20.93% |
| 3 Year Return | N/A | 38.04% |
| 4 Year Return | N/A | 51.17% |
| 5 Year Return | N/A | 67.77% |
| 6 Year Return | N/A | 99.56% |
| 7 Year Return | N/A | 94.51% |
| Expense Ratio | 0.78% | - |
| # | Company | Sector | Weight |
|---|---|---|---|
| 1 |
6.67%
|
||
| 2 | Finance - Mutual Funds |
5.88%
|
|
| 3 |
5.30%
|
||
| 4 |
4.80%
|
||
| 5 |
4.25%
|
||
| 6 | Finance - Mutual Funds |
3.52%
|
|
| 7 | Finance - Mutual Funds |
3.41%
|
|
| 8 | Financials |
3.41%
|
|
| 9 |
3.19%
|
||
| 10 | Financials |
3.14%
|
|
| 11 | Financials |
2.46%
|
|
| 12 | Finance - Banks - Private Sector |
2.22%
|
AMC: BANKOFINDIA
Category: Hybrid • Multi Asset Allocation
Launch Date: 07 Feb 2024
Fund Manager: Mr. Mithraem Bharucha
Minimum Purchase: ₹5,000
Exit Load: For redemption/switch out upto 10% of the initial units allotted - within 3 months from the date of allotment Nil. Any redemption/switch out - in excess of the above mentioned limit would be subject to an exit load of 1%, if the units are redeemed/ switched out within 3 months from the date of allotment of units. If the units are redeemed/switched out after 3 months from the date of allotment of units - Nil.
Lock-in: 1
Risk: Low Risk
Bank of India Multi Asset Allocation Fund - Direct Plan is managed by BANKOFINDIA and belongs to the Hybrid category.
Investors often evaluate this fund using metrics such as portfolio holdings, diversification, expense ratio, risk profile and long-term NAV performance.
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