The Current NAV of Bank of India Multi Asset Allocation Fund - Growth - Direct Plan is ₹12.64.

It is better to invest in a fund with a longer track record as Bank of India Multi Asset Allocation Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

Bank of India Multi Asset Allocation Fund - Growth - Direct Plan fund’s expense ratio is 0.77%

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Bank of India Multi Asset Allocation Fund - Growth - Direct Plan is currently ₹337 Crores.

The Top three stocks are SBI, ICICI Bank and Dr. Reddys Lab and account for 5% of its portfolio. Top 5 and 10 stocks of fund account for 8% and 14% of fund’s portfolio respectively.

Top three sectors of Bank of India Multi Asset Allocation Fund - Growth - Direct Plan fund are Others, BFSI and Miscellaneous accounting for 77% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Multi Asset Allocation it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Bank of India Multi Asset Allocation Fund - Growth - Direct Plan Fund is Hybrid - Multi Asset Allocation.

Mithraem Bharucha and Nilesh Jethani manage the Bank of India Multi Asset Allocation Fund - Growth - Direct Plan Fund.

Bank of India Multi Asset Allocation Fund - Growth - Direct Plan current PE ratio is 30.54 and PB ratio is 6.03

The asset allocation of Bank of India Multi Asset Allocation Fund - Growth - Direct Plan is Stocks : 40.80%, Debt : 59.20% and Gold : 16.09%

The minimum SIP amount for Bank of India Multi Asset Allocation Fund - Growth - Direct Plan is ₹1000.00 and minimum lumpsum is ₹5000.00

The exit load for Bank of India Multi Asset Allocation Fund - Growth - Direct Plan is Nil upto 10% of units and 1% for remaining units on or before 1 year, Nil after 1 year