Bank of India Multi Asset Allocation Fund-Dir (IDCW)
Multi Asset AllocationNAV
11.40(-0.59%)Fund Size (CR)
₹348.25Expense Ratio
0.92Scheme Type
Active FundValue Research
Min. investment
₹5,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹1,000Minimum Withdrawal
₹1,000Exit Load
0%Return Since Launch
9.52%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Mithraem Bharucha
Bench Mark
37.50% of Nifty 500 TRI + 50% of Nifty Composite Debt Index + 12.50% of Domestic Prices of Gold
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 1 August 2025 | 9983.45 | -0.17% | - | -0.26% | 78/118 |
| 1 Month | 8 July 2025 | 9865.30 | -1.35% | - | -0.69% | 65/114 |
| 3 Month | 8 May 2025 | 10342.20 | 3.42% | - | 3.75% | 67/110 |
| 6 Month | 7 February 2025 | 10483.78 | 4.84% | - | 6.49% | 86/106 |
| 1 Year | 8 August 2024 | 10586.66 | 5.87% | 5.87% | 7.89% | 74/96 |
| 3 Year | - | - | 0% | - | 16.35% | -/- |
| 5 Year | - | - | 0% | - | 17.66% | -/- |
| Since Inception | 28 February 2024 | 11403.10 | 14.03% | 9.52% | 12.44% | 87/118 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 2 September 2024 | 1,20,000 | 123603.29 | 3.00% | 3.00% |
| 3 Year | - | - | - | - | - |
| 5 Year | - | - | - | - | - |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
2.43%
Standard Deviation
0.55%
Beta
0.55%
Sharpe Ratio
0.01%
Treynor's Ratio
3.17%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| ICICI Bank | 2.34% | 54000 | 8.00 | Equity | Banks |
| SBI | 2.09% | 89617 | 7.14 | Equity | Banks |
| Siemens Ener.Ind | 1.80% | 19000 | 6.15 | Equity | Power Generation & Distribution |
| Vedanta | 1.50% | 120000 | 5.11 | Equity | Mining & Mineral products |
| M & M | 1.42% | 15100 | 4.84 | Equity | Automobile |
| Dr Reddy's Labs | 1.36% | 36500 | 4.64 | Equity | Pharmaceuticals |
| Coforge | 1.24% | 24300 | 4.25 | Equity | IT - Software |
| Infosys | 1.15% | 26000 | 3.92 | Equity | IT - Software |
| Bharti Airtel | 1.07% | 19100 | 3.66 | Equity | Telecomm-Service |
| Bank of Baroda | 1.04% | 150000 | 3.57 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Bank of India Multi Asset Allocation Fund-Dir (IDCW) | 348.25 | -1.35% | 3.42% | 4.84% | 5.87% | - | |
| WhiteOak Capital Multi Asset Allocation-Dir (G) | 2585.54 | 0.54% | 3.66% | 8.29% | 17.79% | - | |
| DSP Multi Asset Allocation Fund - Direct (G) | 3377.03 | -0.43% | 4.45% | 7.78% | 14.01% | - | |
| DSP Multi Asset Allocation Fund - Direct (IDCW) | 3377.03 | -0.43% | 4.45% | 7.78% | 14.01% | - | |
| Nippon India Multi Asset Allocation Fund-Dir (IDCW) | 6367.91 | -0.04% | 5.52% | 8.61% | 12.81% | 19.28% | |
| Nippon India Multi Asset Allocation Fund-Dir (G) | 6367.91 | -0.04% | 5.52% | 8.61% | 12.81% | 19.28% |
List of Schemes under Bank of India Mutual Fund
News
Bank of India Mutual Fund announces change in Key Personnel
Bank of India Mutual Fund has announced that Mr. Deep Mehta has been appointed as a Equity Dealer on the Board of the Trustee Company with effect from July 14, 2025.Details of Mr. Deep Mehta,
Age: 29
Designation: Equity Dealer
Qualification : ' CFA Level 3 (Cleared)
' CMT Level 3 (Cleared)
' B.Tech MechanicalExperience : 8 years
Powered by Capital Market - Live News
Bank of India Mutual Fund announces change in fund manager under its schemes
Bank of India Mutual Fund has announced change in fund manager under the following schemes, With effect from 14 July 2025Change in Fund Manager:
Name of the Scheme(s) Existing Fund Manager(s) New Fund Manager(s) Bank of India Arbitrage Fund Mr. Firdaus Ragina Mr. Nilesh Jethani Bank of India Small Cap Fund Mr. Alok Singh ' Mr. Alok Singh
' Mr. Nav Bhardwaj (Assistant Fund Manager)Powered by Capital Market - Live News
Bank of India Mutual Fund announces change in scheme name
Bank of India Mutual Fund has announced change in scheme name under the following schemes, with effect from July 22, 2025.Change in the name of the Scheme:
Existing Scheme Name Revised Scheme Name Bank of India Bluechip Fund Bank of India Large Cap Fund Bank of India Large & Mid Cap Equity Fund Bank of India Large & Mid Cap Fund Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
7 February 2024
Total AUM (Cr)
₹341.64
Bank of India Multi Asset Allocation Fund-Dir (IDCW) is an Multi Asset Allocation-oriented fund from the renowned AMC, Bank of India Mutual Fund. Launched in 7 February 2024, this fund is managed by Mithraem Bharucha. With assets under management (AUM) worth ₹341.64 (Cr), as of 8 August 2025, Bank of India Multi Asset Allocation Fund-Dir (IDCW) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 9.52% since its launch.
The current NAV of Bank of India Multi Asset Allocation Fund-Dir (IDCW) is ₹11.4, as on 8 August 2025. The fund's benchmark index is 37.50% of Nifty 500 TRI + 50% of Nifty Composite Debt Index + 12.50% of Domestic Prices of Gold. You can invest in Bank of India Multi Asset Allocation Fund-Dir (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
For Redemption/switch out - of up to 10% of the initial units allotted - within 1 year from the date allotment - Nil 1.00% - If the units are swiched out within 1 year from the date of allotment of units Nil - If the units are redeemed/switched out after 1 year from the date of allotment of units. The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 37.65% in Equity, 46.16% in Debt and 16.19% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 43.97% in Debt, 14.52% in Others, 5.89% in Banks, 4.45% in Finance, 3.27% in Pharmaceuticals & Biotech
FAQs
How to Invest in Bank of India Multi Asset Allocation Fund-Dir (IDCW) Direct Growth?
Bank of India Multi Asset Allocation Fund-Dir (IDCW) is a popular fund in the Multi Asset Allocation segment. The fund has generated a return of 9.52% since inception. Looking to invest in Bank of India Multi Asset Allocation Fund-Dir (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Bank of India Multi Asset Allocation Fund-Dir (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Bank of India Multi Asset Allocation Fund-Dir (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Bank of India Multi Asset Allocation Fund-Dir (IDCW) today and reap the benefits of this Multi Asset Allocation fund!
How much returns has Bank of India Multi Asset Allocation Fund-Dir (IDCW) Direct Growth generated?
What is the expense ratio of Bank of India Multi Asset Allocation Fund-Dir (IDCW) Direct Growth?
What is the AUM of Bank of India Multi Asset Allocation Fund-Dir (IDCW) Fund Direct Growth?
How to redeem or withdraw money from Bank of India Multi Asset Allocation Fund-Dir (IDCW) Direct Growth?
Redeeming or selling units of Bank of India Multi Asset Allocation Fund-Dir (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Bank of India Multi Asset Allocation Fund-Dir (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Bank of India Multi Asset Allocation Fund-Dir (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).