Bank of India Multi Asset Allocation Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | N/A | N/A | N/A | N/A |
Average Rolling Returns(%) | N/A | N/A | N/A | N/A |
The Current NAV of Bank of India Multi Asset Allocation Fund - Regular Plan - Growth is ₹10.41.
It is better to invest in a fund with a longer track record as Bank of India Multi Asset Allocation Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark NIFTY Composite Debt Index, as the Funds portfolio is similar to its benchmark.
Bank of India Multi Asset Allocation Fund - Regular Plan - Growth fund’s expense ratio is 2.10%
The process for redemption is
The AUM of Bank of India Multi Asset Allocation Fund - Regular Plan - Growth is currently ₹271 Crores.
The Top three stocks are SBI, Bank Of Baroda and Sun Pharma Inds. and account for 7% of its portfolio. Top 5 and 10 stocks of fund account for 10% and 17% of fund’s portfolio respectively.
Top three sectors of Bank of India Multi Asset Allocation Fund - Regular Plan - Growth fund are Others, BFSI and Miscellaneous accounting for 76% of the total portfolio.
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 - Regular Plan - Growth Fund is Hybrid - Multi Asset Allocation.
Mithraem Bharucha and Nilesh Jethani manage the Bank of India Multi Asset Allocation Fund - Regular Plan - Growth Fund.
Bank of India Multi Asset Allocation Fund - Regular Plan - Growth current PE ratio is 44.08 and PB ratio is 6.87
The asset allocation of Bank of India Multi Asset Allocation Fund - Regular Plan - Growth is Stocks : 35.44%, Debt : 53.92% and Gold : 10.66%
The minimum SIP amount for Bank of India Multi Asset Allocation Fund - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹5000.00
The exit load for Bank of India Multi Asset Allocation Fund - Regular Plan - Growth is Nil upto 10% of units and 1% for remaining units on or before 1 year, Nil after 1 year