Bank of India Multi Asset Allocation Fund-Regular Plan-Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Strong capital defense: downside capture of 5% limits losses during market corrections.
- Generated +3.5% annualized alpha (excess return) over its benchmark.
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +0.39% | +3.61% | -3.22% |
| 3 Months | -2.07% | -1.36% | -0.71% |
| 6 Months | +1.38% | +1.77% | -0.39% |
| 1 Year | +6.20% | +6.58% | -0.38% |
| Since Inception | +8.90% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +5.01% | +2.90% | +2.11% |
| 2025 | +10.21% | +18.15% | -7.94% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | +1.20% | +8.75% | +8.00% | +21.83% | 100.0% | 74.2% |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & Equity related instruments 10% to 80% Debt and Money Market instruments - 10% to 80% Gold ETF/Silver ETF - 10% to 50% Residual Portion: Units issued by INVITs - 00% to 10% ETCDs - 00% to 30% Mutual fund units - 00% to 05% | Per Scheme Mandate |
Investment Objective & Strategy
The investment objective of the scheme is to seek long term capital growth by predominantly investing in equity and equity related securities, debt & money market instruments and Gold ETF/ Silver ETF. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/ indicate any returns.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 375 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to Multi Asset Allocation schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Multi Asset Allocation Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Union Multi Asset Allocation Fund | 4.2 | - | 2.39% | 23.9% | Rs 1,019 cr | Compare → |
| Bajaj Finserv Multi Asset Allocation Fund | 3.5 | - | 2.22% | 31.5% | Rs 1,982 cr | Compare → |
| Canara Robeco Multi Asset Allocation Fund | 4.8 | - | 2.32% | 31.4% | Rs 1,417 cr | Compare → |
| Groww Multi Asset Allocation Fund | 2.2 | - | 2.67% | 38.8% | Rs 398 cr | Compare → |
| Mirae Asset Multi Asset Allocation Fund | 5.9 | - | 2.13% | 17.1% | Rs 3,779 cr | Compare → |
Frequently Asked Questions about Bank of India Multi Asset Allocation Fund
What is the expense ratio of Bank of India Multi Asset Allocation Fund?
Bank of India Multi Asset Allocation Fund has a total expense ratio (TER) of 2.21% with a base expense ratio of 1.67%, compared to the Multi Asset Allocation category median of 2.13%.
Who manages Bank of India Multi Asset Allocation Fund?
Bank of India Multi Asset Allocation Fund is managed by Mithraem Bharucha (tenure: 2.7 years since 2024-02-28).
What are the historical returns of Bank of India Multi Asset Allocation Fund?
Bank of India Multi Asset Allocation Fund has a 1-year return of +6.20%.
How large is Bank of India Multi Asset Allocation Fund?
Bank of India Multi Asset Allocation Fund manages assets of Rs 375 cr, placing it in the 'small' size band relative to Multi Asset Allocation peers.
How is Bank of India Multi Asset Allocation Fund scored on MFIQ?
Bank of India Multi Asset Allocation Fund holds an MFIQ Score of 5.2/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Bank of India Multi Asset Allocation Fund?
Bank of India Multi Asset Allocation Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 9.94% with a maximum historical drawdown of -9.57%.