FAQ : Bank of India Multi Asset Allocation Fund - Regular Plan - Growth

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

  • 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 - 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

© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.