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Bank of India Multi Asset Allocation Fund Direct Growth
NAV: 28 Aug '26
₹13.39
Min. for SIP
₹1,000
Fund size (AUM)
₹365.56 Cr
Expense ratio
1.09%
Rating
--
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,304 | +2.03% | |
| 6 months | ₹30,000 | ₹31,131 | +3.77% | |
| 1 year | ₹60,000 | ₹64,023 | +6.71% |
Holdings (62)
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Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹1,000
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 6M | 1Y | All |
|---|---|---|---|---|
| Fund returns | +4.6% | +4.9% | +15.5% | +33.4% |
| Category average (Hybrid Multi Asset Allocation) | -- | -- | +15.1% | -- |
| Rank (Hybrid Multi Asset Allocation) | 2 | 1 | 10 | -- |
Exit load, stamp duty and tax
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns are taxed at 12.5%.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +21.98% | +23.43% | 6,356.37 | |
 | +18.61% | +20.48% | 16,926.22 | |
 | +15.47% | +17.67% | 8,187.32 | |
 | +15.25% | +16.36% | 20,240.34 | |
 | +9.33% | +16.13% | 86,785.04 | |
| Compare | ||||
Fund management
MBMithraem BharuchaFeb 2024 - PresentView details
MB
Mithraem Bharucha
Feb 2024 - Present
View details
NJNilesh JethaniApr 2024 - PresentView details
NJ
Nilesh Jethani
Apr 2024 - Present
View details
About Bank of India Multi Asset Allocation Fund Direct Growth
Bank of India Multi Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Bank of India Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Mithraem Bharucha is the Current Fund Manager of Bank of India Multi Asset Allocation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹17,208 Cr and the Latest NAV as of 28 Aug 2026 is ₹13.39.
The Bank of India Multi Asset Allocation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
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Investment Objective
The scheme seeks to seek long term capital growth by predominantly investing in equity and equity related securities, debt & money market instruments and Gold ETF.
Fund benchmark--
Fund house
Rank (total assets)#31 in India
Total AUM₹17,207.90 Cr
Date of Incorporation31 Mar 2008
Launch Date31 Mar 2008
AddressB/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,