Bank of India Multi Asset Allocation Fund
Multi Asset AllocationVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹12.53+0.95%1 day
- Return since launch
- 8.3%
- 52-week range
- ₹11.60 — ₹13.05
- AUM
- ₹369 Cr
Bank of India Multi Asset Allocation Fund is a Multi Asset Allocation hybrid fund from Bank of India Mutual Fund with ₹369 Cr under management, launched in 2024. The expense ratio is 2.18% 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 +6.0% against +5.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.7% | −2.3 pts | 5.1% | 3.9% |
| 2Y | 7.0% | −0.7 pts | 7.7% | 8.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.2% | −3.1 pts | 2.9% | 3.3% |
| 3M | -2.9% | −1.2 pts | -1.7% | -1.6% |
| 6M | 0.7% | −0.9 pts | 1.6% | 2.0% |
| 1Y | 6.0% | +0.9 pts | 5.1% | 5.8% |
| 2Y | 7.0% | −1.4 pts | 8.4% | 8.8% |
Since launch (7 Feb 2024): 8.3%
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
2.21%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.67%
- Brokerage
- 0.08%
- Transaction charges
- 0.01%
- 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 30 Sep 2026
Asset allocation
- Equity56.0%
- Debt20.8%
- Commodities17.9%
- Other5.3%
Market cap split
- Large51.1%
- Mid8.6%
- Small40.3%
- P/E
- 22.37
- P/B
- 3.12
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Indian Railway Finance Corporation Ltd. | Financial | 6.64% | ₹24.50 Cr | +6.91% | +7.32% | +7.42% |
| DSP Gold ETF - Growth | Unclassified | 6.00% | ₹22.13 Cr | +3.36% | +3.83% | +2.95% |
| ICICI Prudential Gold Exchange Traded Fund | Unclassified | 5.83% | ₹21.51 Cr | +5.62% | +6.34% | +9.93% |
| Others | Others | 4.98% | ₹18.20 Cr | +5.96% | +11.58% | +3.22% |
| Bajaj Finance Ltd. | Financial | 4.88% | ₹18.00 Cr | +4.95% | +5.36% | +5.32% |
| Nippon India ETF Gold BeES | Unclassified | 3.38% | ₹12.46 Cr | +3.26% | +3.68% | +2.86% |
| State Bank of India | Financial | 3.12% | ₹11.53 Cr | +2.89% | +1.96% | +2.28% |
| ICICI Prudential Silver ETF - Growth | Unclassified | 2.97% | ₹10.94 Cr | — | — | — |
| Sterlite Technologies Ltd. | Communication | 2.88% | ₹10.63 Cr | +0.52% | — | — |
| Muthoot Finance Ltd. | Financial | 2.69% | ₹9.93 Cr | +5.47% | +5.92% | +5.84% |
| Bank Of Baroda | Financial | 2.52% | ₹9.30 Cr | +1.01% | +0.73% | — |
| Quality Power Electrical Equipments Ltd. | Capital Goods | 2.36% | ₹8.72 Cr | +1.84% | +1.06% | +1.07% |
| ICICI Bank Ltd. | Financial | 2.25% | ₹8.30 Cr | +3.14% | +1.76% | +2.12% |
| HDFC Bank Ltd. | Financial | 2.21% | ₹8.15 Cr | +1.38% | +1.37% | +0.95% |
| Entero Healthcare Solutions Ltd. | Healthcare | 1.74% | ₹6.42 Cr | — | — | — |
| Shriram Finance Ltd | Financial | 1.73% | ₹6.39 Cr | +0.63% | +1.29% | +1.00% |
| CreditAccess Grameen Ltd. | Financial | 1.63% | ₹6.01 Cr | +1.45% | +0.50% | +1.01% |
| Tech Mahindra Ltd. | Technology | 1.36% | ₹5.03 Cr | +0.63% | +0.67% | +0.42% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.34% | ₹4.94 Cr | +1.37% | +1.47% | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.33% | ₹4.90 Cr | +0.73% | — | — |
| Titan Company Ltd. | Consumer Discretionary | 1.32% | ₹4.85 Cr | +0.72% | +0.70% | +0.46% |
| HDFC Asset Management Company Ltd. | Financial | 1.30% | ₹4.79 Cr | +1.53% | +0.43% | — |
| Knowledge Marine & Engineering Works Ltd. | Capital Goods | 1.24% | ₹4.56 Cr | — | — | — |
| Sanathan Textiles Ltd. | Textiles | 1.22% | ₹4.50 Cr | — | — | — |
| Tata Technologies Ltd | Services | 1.21% | ₹4.46 Cr | — | — | — |
| Tata Motors Ltd. | Automobile | 1.20% | ₹4.43 Cr | +0.41% | — | — |
| Balrampur Chini Mills Ltd. | Consumer Staples | 1.17% | ₹4.31 Cr | +0.61% | +0.59% | +0.53% |
| Vedanta Ltd. | Metals & Mining | 1.16% | ₹4.29 Cr | +0.92% | +1.92% | +3.26% |
| Ultratech Cement Ltd. | Materials | 1.14% | ₹4.21 Cr | +1.19% | +0.99% | +0.86% |
| KRN Heat Exchanger And Refrigeration Ltd. | Capital Goods | 1.12% | ₹4.15 Cr | +0.99% | +0.25% | +0.24% |
| ICICI Prudential Asset Management Company Ltd. | Financial | 1.09% | ₹4.02 Cr | +1.16% | +0.85% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 1.07% | ₹3.96 Cr | +0.74% | +0.67% | +0.43% |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.02% | ₹3.78 Cr | +1.04% | +0.82% | +0.86% |
| Goodluck India Ltd. | Metals & Mining | 0.99% | ₹3.66 Cr | +0.98% | +0.70% | +1.26% |
| Mankind Pharma Ltd. | Healthcare | 0.99% | ₹3.66 Cr | — | — | — |
| Canara Bank | Financial | 0.97% | ₹3.58 Cr | — | +0.20% | — |
| Optiemus Infracom Ltd. | Services | 0.94% | ₹3.45 Cr | — | — | — |
| Hindustan Copper Ltd. | Metals & Mining | 0.93% | ₹3.44 Cr | — | — | — |
| Cemindia Projects Ltd. | Construction | 0.89% | ₹3.28 Cr | +0.59% | — | — |
| Computer Age Management Services Ltd. | Services | 0.85% | ₹3.15 Cr | +0.48% | +0.41% | — |
| Atlanta Electricals Ltd. | Capital Goods | 0.75% | ₹2.77 Cr | — | — | — |
| Anand Rathi Wealth Ltd. | Financial | 0.74% | ₹2.73 Cr | — | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 0.74% | ₹2.74 Cr | +0.93% | +0.44% | +1.51% |
| Raymond Ltd. | Textiles | 0.74% | ₹2.73 Cr | — | — | — |
| Bajaj Auto Ltd. | Automobile | 0.71% | ₹2.64 Cr | +0.50% | +0.49% | — |
| Sky Gold And Diamonds Ltd. | Consumer Discretionary | 0.70% | ₹2.59 Cr | +1.71% | +1.10% | +0.90% |
| Coforge Ltd. | Technology | 0.68% | ₹2.52 Cr | +0.68% | +0.56% | +0.46% |
| HDB Financial Services Ltd. | Financial | 0.67% | ₹2.48 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.63% | ₹2.33 Cr | +0.68% | +0.63% | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.63% | ₹2.33 Cr | +0.60% | +0.52% | +0.69% |
| Bharti Airtel Ltd. | Communication | 0.57% | ₹2.11 Cr | +0.61% | +1.43% | +1.05% |
| Reliance Industries Ltd. | Energy | 0.56% | ₹2.08 Cr | +0.62% | +0.40% | +0.40% |
| BSE Ltd. | Services | 0.54% | ₹1.98 Cr | +0.68% | — | — |
| Bharat Electronics Ltd. | Capital Goods | 0.53% | ₹1.94 Cr | +0.56% | +0.59% | +0.59% |
| Power Grid Corporation Of India Ltd. | Energy | 0.51% | ₹1.89 Cr | +0.57% | +0.53% | — |
| Triveni Engineering & Industries Ltd. | Consumer Staples | 0.51% | ₹1.89 Cr | — | — | — |
| Meesho Ltd. | Services | 0.50% | ₹1.86 Cr | — | — | — |
| Tilaknagar Industries Ltd. | Consumer Staples | 0.48% | ₹1.76 Cr | — | — | — |
| PG Electroplast Ltd. | Capital Goods | 0.40% | ₹1.48 Cr | +0.22% | +0.21% | +0.37% |
| GOI | Sovereign | 0.27% | ₹1.01 Cr | +0.28% | +0.30% | +1.50% |
| Tata Capital Housing Finance Ltd. | Financial | 0.27% | ₹0.98 Cr | +4.39% | +4.74% | +4.73% |
| Reserve Bank of India | Financial | 0.16% | ₹0.59 Cr | +0.16% | +0.17% | +0.14% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Tata Capital Housing Finance Ltd. | 4.19% | 0.27% | -3.92% |
| ICICI Prudential Silver ETF - Growth | 0.00% | 2.97% | +2.97% |
| Others | 1.96% | 4.78% | +2.82% |
| Muthoot Finance Ltd. | 5.24% | 2.69% | -2.55% |
| DSP Gold ETF - Growth | 3.55% | 6.00% | +2.45% |
| company:6233 | 1.32% | 0.00% | -1.32% |
| Coforge Ltd. | 1.64% | 0.68% | -0.96% |
| ICICI Bank Ltd. | 3.19% | 2.25% | -0.94% |
| Optiemus Infracom Ltd. | 0.00% | 0.94% | +0.94% |
| Mahindra & Mahindra Ltd. | 1.58% | 0.74% | -0.84% |
| Anand Rathi Wealth Ltd. | 0.00% | 0.74% | +0.74% |
| Raymond Ltd. | 0.00% | 0.74% | +0.74% |
| HDB Financial Services Ltd. | 0.00% | 0.67% | +0.67% |
| Sterlite Technologies Ltd. | 2.24% | 2.88% | +0.64% |
| Housing & Urban Development Corporation Ltd. | 0.63% | 0.00% | -0.63% |
| TVS Srichakra Ltd. | 0.59% | 0.00% | -0.59% |
| Meesho Ltd. | 0.00% | 0.50% | +0.50% |
| Tilaknagar Industries Ltd. | 0.00% | 0.48% | +0.48% |
| Atlanta Electricals Ltd. | 0.33% | 0.75% | +0.42% |
| Sanathan Textiles Ltd. | 0.91% | 1.22% | +0.31% |
| Quality Power Electrical Equipments Ltd. | 2.08% | 2.36% | +0.28% |
| State Bank of India | 3.36% | 3.12% | -0.24% |
| Multi Commodity Exchange Of India Ltd. | 0.85% | 1.07% | +0.22% |
| Sky Gold And Diamonds Ltd. | 0.89% | 0.70% | -0.19% |
| Shriram Finance Ltd | 1.90% | 1.73% | -0.17% |
| Tata Technologies Ltd | 1.38% | 1.21% | -0.17% |
| HDFC Asset Management Company Ltd. | 1.45% | 1.30% | -0.15% |
| Adani Ports and Special Economic Zone Ltd. | 0.88% | 1.02% | +0.14% |
| Bajaj Finance Ltd. | 4.75% | 4.88% | +0.13% |
| Computer Age Management Services Ltd. | 0.97% | 0.85% | -0.12% |
| Goodluck India Ltd. | 0.88% | 0.99% | +0.11% |
| Triveni Engineering & Industries Ltd. | 0.62% | 0.51% | -0.11% |
| Indian Railway Finance Corporation Ltd. | 6.53% | 6.64% | +0.11% |
| Tata Motors Ltd. | 1.30% | 1.20% | -0.10% |
| Titan Company Ltd. | 1.42% | 1.32% | -0.10% |
| ICICI Prudential Gold Exchange Traded Fund | 5.92% | 5.83% | -0.09% |
| Knowledge Marine & Engineering Works Ltd. | 1.16% | 1.24% | +0.08% |
| Hindustan Copper Ltd. | 1.01% | 0.93% | -0.08% |
| Bajaj Auto Ltd. | 0.78% | 0.71% | -0.07% |
| CreditAccess Grameen Ltd. | 1.70% | 1.63% | -0.07% |
| HDFC Bank Ltd. | 2.15% | 2.21% | +0.06% |
| ICICI Prudential Asset Management Company Ltd. | 1.03% | 1.09% | +0.06% |
| Nippon India ETF Gold BeES | 3.44% | 3.38% | -0.06% |
| PG Electroplast Ltd. | 0.46% | 0.40% | -0.06% |
| Mankind Pharma Ltd. | 0.93% | 0.99% | +0.06% |
| KRN Heat Exchanger And Refrigeration Ltd. | 1.18% | 1.12% | -0.06% |
| Tech Mahindra Ltd. | 1.42% | 1.36% | -0.06% |
| Entero Healthcare Solutions Ltd. | 1.79% | 1.74% | -0.05% |
| Apollo Hospitals Enterprise Ltd. | 0.67% | 0.63% | -0.04% |
| Canara Bank | 1.00% | 0.97% | -0.03% |
| Torrent Pharmaceuticals Ltd. | 1.31% | 1.34% | +0.03% |
| Vedanta Aluminium Metal Ltd. | 1.36% | 1.33% | -0.03% |
| Vedanta Ltd. | 0.65% | 0.62% | -0.03% |
| Reliance Industries Ltd. | 0.59% | 0.56% | -0.03% |
| Balrampur Chini Mills Ltd. | 1.19% | 1.17% | -0.02% |
| Bank Of Baroda | 2.54% | 2.52% | -0.02% |
| Bharat Electronics Ltd. | 0.55% | 0.53% | -0.02% |
| Ultratech Cement Ltd. | 1.16% | 1.14% | -0.02% |
| BSE Ltd. | 0.55% | 0.54% | -0.01% |
| Power Grid Corporation Of India Ltd. | 0.50% | 0.51% | +0.01% |
| Bharti Airtel Ltd. | 0.57% | 0.57% | 0.00% |
| Cemindia Projects Ltd. | 0.89% | 0.89% | 0.00% |
| GOI | 0.27% | 0.27% | 0.00% |
| Hindustan Aeronautics Ltd. | 0.63% | 0.63% | 0.00% |
| 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 | ₹10,235 Cr | 1.65% | 4.0% | 11.9% | 14.8% |
 Nippon India Multi Asset Allocation Fund | ₹18,044 Cr | 1.45% | 4.1% | 11.8% | 14.7% |
 Kotak Multi Asset Allocation Fund | ₹15,236 Cr | 1.78% | 1.3% | 11.3% | — |
 DSP Multi Asset Allocation Fund | ₹10,820 Cr | 1.57% | 4.0% | 13.0% | — |
 Quant Multi Asset Allocation Fund | ₹6,608 Cr | 2.14% | 5.1% | 12.4% | 16.4% |
 Aditya Birla Sun Life Multi-Asset Omni FoF | ₹468 Cr | 1.32% | 5.6% | 10.9% | 13.4% |
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 months0.70% absolute | ₹60,000 | ₹60,420 | 0.70% | |
| 1 year5.96% annualised | ₹1,20,000 | ₹1,23,945 | 3.29% |
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 ₹12.53 as on 9 Nov 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 2.18% 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 ₹17,978 Cr under management.