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Mutual FundsBank of India Multi Asset Allocation Fund Direct - GrowthB
Bank of India Multi Asset Allocation Fund Direct - Growth
1 Year Returns
20.00%
NAV (₹) on 05 Mar 2026
12.5646
1 Day NAV Change (₹)
0.0349About Fund
Bank of India Multi Asset Allocation Fund Direct - Growth is a Hybrid mutual fund scheme launched on 28 Feb 2024. Investors can begin their investment journey with a minimum SIP of ₹1,000 or a lumpsum investment of ₹5,000. The fund manages total assets worth ₹352.35 crores, and the current NAV stands at ₹12.5646 as of 05 Mar 2026. The fund has delivered absolute returns of 20.00% in the past 1 year. The expense ratio of the fund is 0.77%.
NAV
NIFTY50
NAV
NIFTY50
Returns Calculator
Based on Annualised Returns
Investment Type
SIP Amount
Investment Period
1Y
₹ 6.10 L
3.50%
₹ 6.27 L
8.00%
₹ 6.69 L
20.00%
Savings Account
Regular Funds
This Fund on Dhan
Total Investment
₹ 6,00,000
Returns
₹ 69,143 (11.52%)
Maturity Value
₹ 6,69,143
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Returns Comparison
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*The above returns are absolute.
Returns Vs Nifty 50
Historical Returns
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Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹352.35 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
Sorry, No Data Available at this Moment!
Stock Holdings
Sorry, No Data Available at this Moment!
Fund Comparison
Fund Details
52W High NAV
₹ 12.7970
Min. SIP Amount
₹ 1,000.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 352.35
Expense Ratio
0.77%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 10.4578
Inception Date
28 Feb 2024
Fund Age
2 Yrs
Benchmark
37.50% of Nifty 500 TRI + 50% of Nifty Composite
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
Name
Mithraem Bharucha
Qualification
BMS and MBA
Name
Nilesh Jethani
Qualification
He graduated with a Bachelor of Financial Markets from HR College (2012) and further pursued his Postgraduate Program in Global Financial Markets from BSE Institute Ltd. (2015).
Fund Objective
The investment objective of the scheme is to seek long term capital growth by predominantly investing in equity and equity related securities, debt & money market instruments and Gold ETF. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/ indicate any returns.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Bank of India Mutual Fund
Funds Managed
21
Assets Managed (₹ Cr)
₹ 13,686.31
Contact Details
Registered Address
B/204, Tower 1,Peninsula CorporatePark, Ganpatrao kadam marg,Lower Parel, Mumbai - 400013
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View AllFAQs
When was Bank of India Multi Asset Allocation Fund launched?
Bank of India Multi Asset Allocation Fund was launched on 28 Feb 2024.
What is the current NAV of Bank of India Multi Asset Allocation Fund?
The current NAV of Bank of India Multi Asset Allocation Fund is ₹12.5646 as of 05 Mar 2026.
What is the AUM of Bank of India Multi Asset Allocation Fund?
The latest value of AUM of Bank of India Multi Asset Allocation Fund is ₹352.35 crores as of 05 Mar 2026.
What is the rate of return of Bank of India Multi Asset Allocation Fund?
The return on investment of Bank of India Multi Asset Allocation Fund is:
- In the past 1Y: 20.00%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of Bank of India Multi Asset Allocation Fund?
The expense ratio of Bank of India Multi Asset Allocation Fund is 0.77%.
What is exit load of Bank of India Multi Asset Allocation Fund?
The exit load of Bank of India Multi Asset Allocation Fund is as follows:
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
What is the portfolio of Bank of India Multi Asset Allocation Fund?
The portfolio of Bank of India Multi Asset Allocation Fund includes:
Top 3 sectoral holdings include:
No data to show right now!
Top 3 sectoral holdings include:
How risky is investing in Bank of India Multi Asset Allocation Fund?
On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of Bank of India Multi Asset Allocation Fund is Very High.
Who is the fund manager Bank of India Multi Asset Allocation Fund?
The fund manager of Bank of India Multi Asset Allocation Fund is Mithraem Bharucha, Nilesh Jethani.
What is the minimum investment required in Bank of India Multi Asset Allocation Fund?
If you wish to invest in Bank of India Multi Asset Allocation Fund, the minimum SIP amount is ₹1,000 and Lumpsum is ₹5,000.
How to invest in Bank of India Multi Asset Allocation Fund directly?
You can easily invest in mutual funds at 0% commission on Dhan. Here's how you can directly invest in Bank of India Multi Asset Allocation Fund:
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.
