Bank of India Multi Asset Allocation Fund
Multi Asset AllocationVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹12.69-1.06%1 day
- Return since launch
- 10.1%
- 52-week range
- ₹11.48 — ₹13.05
- AUM
- ₹379 Cr
Bank of India Multi Asset Allocation Fund is a Multi Asset Allocation hybrid fund from Bank of India Mutual Fund with ₹379 Cr under management, launched in 2024. The expense ratio is 2.24% and the SEBI riskometer reading is Very High.
Performance
Bank of India Multi Asset Allocation Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +9.7% against +7.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 7.3% | +0.3 pts | 7.0% | 2.8% |
| 2Y | 9.3% | +1.8 pts | 7.5% | 7.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.3% | +0.8 pts | -3.1% | -3.2% |
| 3M | 1.7% | +1.2 pts | 0.5% | 0.8% |
| 6M | 6.7% | +2.0 pts | 4.7% | 5.2% |
| 1Y | 9.7% | +2.7 pts | 7.0% | 7.4% |
| 2Y | 6.8% | +0.5 pts | 6.3% | 6.6% |
Since launch (7 Feb 2024): 10.1%
Calendar-year returns
Category average10.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 10.2% | −6.6 pts | 16.8% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.26%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.74%
- Brokerage
- 0.07%
- Transaction charges
- 0.00%
- Statutory levies
- 0.45%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NA
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Bank of India Multi Asset Allocation Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity55.5%
- Debt28.3%
- Commodities12.7%
- Other3.5%
Market cap split
- Large56.2%
- Mid9.1%
- Small34.7%
- P/E
- 22.05
- P/B
- 3.09
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Indian Railway Finance Corporation Ltd. | Financial | 6.53% | ₹24.76 Cr | +6.86% | +7.04% | +7.54% |
| ICICI Prudential Gold Exchange Traded Fund | Unclassified | 5.92% | ₹22.47 Cr | +6.33% | +6.50% | +10.04% |
| Muthoot Finance Ltd. | Financial | 5.24% | ₹19.87 Cr | +5.53% | +5.62% | +5.94% |
| Bajaj Finance Ltd. | Financial | 4.75% | ₹18.02 Cr | +5.01% | +5.08% | +5.41% |
| Tata Capital Housing Finance Ltd. | Financial | 4.19% | ₹15.89 Cr | +4.42% | +4.53% | +4.82% |
| DSP Gold ETF - Growth | Unclassified | 3.55% | ₹13.47 Cr | +3.79% | +3.89% | +2.66% |
| Nippon India ETF Gold BeES | Unclassified | 3.44% | ₹13.05 Cr | +3.68% | +3.77% | +2.59% |
| State Bank of India | Financial | 3.36% | ₹12.73 Cr | +1.82% | +2.27% | +2.13% |
| Others | Others | 3.24% | ₹12.18 Cr | +5.48% | +3.34% | +2.78% |
| ICICI Bank Ltd. | Financial | 3.19% | ₹12.12 Cr | +1.73% | +1.90% | +2.23% |
| Bank Of Baroda | Financial | 2.54% | ₹9.63 Cr | +0.75% | +0.53% | +1.03% |
| Sterlite Technologies Ltd. | Communication | 2.24% | ₹8.51 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | 2.15% | ₹8.15 Cr | +1.31% | +1.56% | +0.97% |
| Quality Power Electrical Equipments Ltd. | Capital Goods | 2.08% | ₹7.90 Cr | +1.63% | +1.08% | — |
| Shriram Finance Ltd | Financial | 1.90% | ₹7.21 Cr | +0.58% | +1.51% | +0.96% |
| company:18898 | Healthcare | 1.79% | ₹6.80 Cr | — | — | — |
| CreditAccess Grameen Ltd. | Financial | 1.70% | ₹6.44 Cr | +1.28% | — | +1.06% |
| Coforge Ltd. | Technology | 1.64% | ₹6.23 Cr | +0.67% | +0.56% | +1.24% |
| Mahindra & Mahindra Ltd. | Automobile | 1.58% | ₹6.01 Cr | +0.93% | +0.48% | +1.43% |
| HDFC Asset Management Company Ltd. | Financial | 1.45% | ₹5.51 Cr | +0.48% | +0.49% | — |
| Tech Mahindra Ltd. | Technology | 1.42% | ₹5.37 Cr | +0.68% | +0.62% | +0.45% |
| Titan Company Ltd. | Consumer Discretionary | 1.42% | ₹5.40 Cr | +0.68% | +0.73% | +0.50% |
| Tata Technologies Ltd | Services | 1.38% | ₹5.24 Cr | — | — | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.36% | ₹5.16 Cr | +0.62% | — | — |
| National Bank For Agriculture & Rural Development | Financial | 1.32% | ₹4.99 Cr | +1.39% | +1.42% | +1.51% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.31% | ₹4.96 Cr | +1.37% | +1.40% | — |
| Tata Motors Ltd. | Automobile | 1.30% | ₹4.95 Cr | — | — | — |
| Balrampur Chini Mills Ltd. | Consumer Staples | 1.19% | ₹4.51 Cr | +0.57% | +0.53% | +0.63% |
| Vedanta Ltd. | Metals & Mining | 1.18% | ₹4.46 Cr | +1.18% | +2.00% | +2.98% |
| KRN Heat Exchanger And Refrigeration Ltd. | Capital Goods | 1.18% | ₹4.48 Cr | +0.31% | +0.28% | +0.26% |
| Knowledge Marine & Engineering Works Ltd. | Capital Goods | 1.16% | ₹4.39 Cr | — | — | — |
| Ultratech Cement Ltd. | Materials | 1.16% | ₹4.40 Cr | +1.23% | +1.10% | +0.91% |
| ICICI Prudential Asset Management Company Ltd. | Unclassified | 1.03% | ₹3.92 Cr | +1.26% | +0.89% | — |
| company:1511 | Metals & Mining | 1.01% | ₹3.83 Cr | — | — | — |
| Canara Bank | Financial | 1.00% | ₹3.81 Cr | — | +0.24% | — |
| Computer Age Management Services Ltd. | Services | 0.97% | ₹3.68 Cr | +0.49% | — | — |
| Mankind Pharma Ltd. | Healthcare | 0.93% | ₹3.53 Cr | — | — | — |
| company:19607 | Textiles | 0.91% | ₹3.44 Cr | — | — | — |
| Cemindia Projects Ltd. | Construction | 0.89% | ₹3.37 Cr | — | — | — |
| Sky Gold And Diamonds Ltd. | Consumer Discretionary | 0.89% | ₹3.38 Cr | +1.70% | +1.18% | +1.00% |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.88% | ₹3.35 Cr | +1.06% | +0.89% | +0.72% |
| Goodluck India Ltd. | Metals & Mining | 0.88% | ₹3.34 Cr | +0.87% | +1.12% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 0.85% | ₹3.23 Cr | +0.78% | +0.65% | +0.42% |
| Bajaj Auto Ltd. | Automobile | 0.78% | ₹2.94 Cr | +0.55% | +0.52% | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.67% | ₹2.54 Cr | +0.65% | +0.62% | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.63% | ₹2.40 Cr | +0.60% | +0.55% | +0.64% |
| Housing & Urban Development Corporation Ltd. | Financial | 0.63% | ₹2.38 Cr | +0.74% | +0.68% | +0.79% |
| company:6079 | Consumer Staples | 0.62% | ₹2.37 Cr | — | — | — |
| Reliance Industries Ltd. | Energy | 0.59% | ₹2.23 Cr | +0.64% | +0.39% | +0.40% |
| TVS Srichakra Ltd. | Automobile | 0.59% | ₹2.25 Cr | +0.44% | +0.45% | — |
| Bharti Airtel Ltd. | Communication | 0.57% | ₹2.17 Cr | +0.61% | +1.42% | +1.07% |
| BSE Ltd. | Services | 0.55% | ₹2.10 Cr | +0.74% | — | — |
| Bharat Electronics Ltd. | Capital Goods | 0.55% | ₹2.07 Cr | +0.57% | +0.62% | +0.44% |
| Power Grid Corporation Of India Ltd. | Energy | 0.50% | ₹1.91 Cr | +0.59% | +0.50% | — |
| PG Electroplast Ltd. | Capital Goods | 0.46% | ₹1.74 Cr | +0.20% | +0.26% | +0.40% |
| company:20182 | Capital Goods | 0.33% | ₹1.26 Cr | — | — | — |
| GOI | Sovereign | 0.27% | ₹1.02 Cr | +0.28% | +0.29% | +1.52% |
| Reserve Bank of India | Financial | 0.16% | ₹0.59 Cr | +0.16% | +0.16% | +0.14% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Fiem Industries Ltd. | 1.84% | 0.00% | -1.84% |
| company:18898 | 0.00% | 1.79% | +1.79% |
| LIC Housing Finance Ltd. | 1.37% | 0.00% | -1.37% |
| Bank Of Baroda | 1.39% | 2.54% | +1.15% |
| Prudent Corporate Advisory Services Ltd. | 1.09% | 0.00% | -1.09% |
| company:1511 | 0.00% | 1.01% | +1.01% |
| company:19607 | 0.00% | 0.91% | +0.91% |
| Tata Motors Ltd. | 0.42% | 1.30% | +0.88% |
| Tata Steel Ltd. | 0.65% | 0.00% | -0.65% |
| company:6079 | 0.00% | 0.62% | +0.62% |
| Manappuram Finance Ltd. | 0.55% | 0.00% | -0.55% |
| Power Finance Corporation Ltd. | 0.50% | 0.00% | -0.50% |
| Computer Age Management Services Ltd. | 0.48% | 0.97% | +0.49% |
| Sterlite Technologies Ltd. | 1.78% | 2.24% | +0.46% |
| Quality Power Electrical Equipments Ltd. | 1.71% | 2.08% | +0.37% |
| CreditAccess Grameen Ltd. | 2.06% | 1.70% | -0.36% |
| Titan Company Ltd. | 1.07% | 1.42% | +0.35% |
| Indian Railway Finance Corporation Ltd. | 6.87% | 6.53% | -0.34% |
| company:20182 | 0.00% | 0.33% | +0.33% |
| Shriram Finance Ltd | 1.57% | 1.90% | +0.33% |
| ICICI Prudential Gold Exchange Traded Fund | 5.66% | 5.92% | +0.26% |
| KRN Heat Exchanger And Refrigeration Ltd. | 0.93% | 1.18% | +0.25% |
| PG Electroplast Ltd. | 0.25% | 0.46% | +0.21% |
| Others | 1.75% | 1.96% | +0.21% |
| HDFC Bank Ltd. | 2.35% | 2.15% | -0.20% |
| Muthoot Finance Ltd. | 5.44% | 5.24% | -0.20% |
| Bajaj Finance Ltd. | 4.94% | 4.75% | -0.19% |
| Tata Capital Housing Finance Ltd. | 4.37% | 4.19% | -0.18% |
| Nippon India ETF Gold BeES | 3.28% | 3.44% | +0.16% |
| Coforge Ltd. | 1.48% | 1.64% | +0.16% |
| DSP Gold ETF - Growth | 3.39% | 3.55% | +0.16% |
| Multi Commodity Exchange Of India Ltd. | 0.70% | 0.85% | +0.15% |
| Sky Gold And Diamonds Ltd. | 0.74% | 0.89% | +0.15% |
| TVS Srichakra Ltd. | 0.44% | 0.59% | +0.15% |
| Balrampur Chini Mills Ltd. | 1.04% | 1.19% | +0.15% |
| Knowledge Marine & Engineering Works Ltd. | 1.01% | 1.16% | +0.15% |
| Cemindia Projects Ltd. | 1.03% | 0.89% | -0.14% |
| Vedanta Aluminium Metal Ltd. | 1.24% | 1.36% | +0.12% |
| Goodluck India Ltd. | 1.00% | 0.88% | -0.12% |
| Mahindra & Mahindra Ltd. | 1.70% | 1.58% | -0.12% |
| Vedanta Ltd. | 0.55% | 0.65% | +0.10% |
| Ultratech Cement Ltd. | 1.25% | 1.16% | -0.09% |
| Adani Ports and Special Economic Zone Ltd. | 0.97% | 0.88% | -0.09% |
| BSE Ltd. | 0.64% | 0.55% | -0.09% |
| Tata Technologies Ltd | 1.29% | 1.38% | +0.09% |
| Bharti Airtel Ltd. | 0.65% | 0.57% | -0.08% |
| ICICI Bank Ltd. | 3.27% | 3.19% | -0.08% |
| Tech Mahindra Ltd. | 1.49% | 1.42% | -0.07% |
| Housing & Urban Development Corporation Ltd. | 0.70% | 0.63% | -0.07% |
| ICICI Prudential Asset Management Company Ltd. | 1.09% | 1.03% | -0.06% |
| Power Grid Corporation Of India Ltd. | 0.56% | 0.50% | -0.06% |
| Mankind Pharma Ltd. | 0.99% | 0.93% | -0.06% |
| National Bank For Agriculture & Rural Development | 1.38% | 1.32% | -0.06% |
| HDFC Asset Management Company Ltd. | 1.50% | 1.45% | -0.05% |
| Torrent Pharmaceuticals Ltd. | 1.36% | 1.31% | -0.05% |
| Reliance Industries Ltd. | 0.63% | 0.59% | -0.04% |
| Canara Bank | 1.03% | 1.00% | -0.03% |
| Apollo Hospitals Enterprise Ltd. | 0.70% | 0.67% | -0.03% |
| Bajaj Auto Ltd. | 0.76% | 0.78% | +0.02% |
| Bharat Electronics Ltd. | 0.53% | 0.55% | +0.02% |
| State Bank of India | 3.38% | 3.36% | -0.02% |
| GOI | 0.28% | 0.27% | -0.01% |
| Hindustan Aeronautics Ltd. | 0.64% | 0.63% | -0.01% |
| Reserve Bank of India | 0.16% | 0.16% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹7,364 Cr | 1.57% | 5.8% | 12.6% | 15.3% |
 Nippon India Multi Asset Allocation Fund | ₹17,984 Cr | 1.44% | 4.8% | 13.1% | 15.3% |
 WhiteOak Capital Multi Asset Allocation Fund | ₹8,778 Cr | 1.67% | 7.4% | 13.0% | — |
 Quant Multi Asset Allocation Fund | ₹6,528 Cr | 2.32% | 6.8% | 14.1% | 17.4% |
| Nippon India Multi - Asset Omni FoF | ₹3,056 Cr | 1.08% | 4.0% | 10.9% | 14.7% |
 Aditya Birla Sun Life Multi-Asset Omni FoF | ₹478 Cr | 1.33% | 6.0% | 11.8% | 13.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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 managers
- Mithraem BharuchaMr. Bharucha is a BMS and MBAPrior to joining Bank of India Mutual Fund, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.
- Nilesh JethaniMr. Jethani has done Bachelor of Financial Markets from HR College and Postgraduate Program in Global Financial Markets from BSE Institute Ltd.Prior to joining Bank of India Mutual Fund, he has worked with HDFC Securities, HDFC Bank, and ASK Investment Managers
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months6.65% absolute | ₹60,000 | ₹63,990 | 6.65% | |
| 1 year9.68% annualised | ₹1,20,000 | ₹1,26,482 | 5.40% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Bank of India Multi Asset Allocation Fund?
The NAV of Bank of India Multi Asset Allocation Fund is ₹12.69 as on 24 Sep 2026.
What is the expense ratio of Bank of India Multi Asset Allocation Fund?
The expense ratio of Bank of India Multi Asset Allocation Fund is 2.24% per year.
What is the minimum SIP amount for Bank of India Multi Asset Allocation Fund?
You can start a SIP in Bank of India Multi Asset Allocation Fund with ₹3,000 a month.
Is there a lock-in or exit load on Bank of India Multi Asset Allocation Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months..
How risky is Bank of India Multi Asset Allocation Fund?
Bank of India Multi Asset Allocation Fund is rated Very High on the SEBI riskometer and belongs to the Multi Asset Allocation category.
Which fund house manages Bank of India Multi Asset Allocation Fund?
Bank of India Multi Asset Allocation Fund is managed by Bank of India Mutual Fund, which runs 23 schemes with ₹15,446 Cr under management.