February 2, 2024
mayank
Bank of India Multi Asset Allocation Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Bank of India Multi Asset Allocation Fund Open Date, Close Date?
NFO opens on February 07, 2024
NFO will close on February 21, 2024
What is the Investment Strategy?
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.
Basic Details
| Fund House | Bank of India Mutual Fund |
| Issue Open | 07 February 2024 |
| Issue Close | 21 February 2024 |
| Type | Open-ended |
| Category | Hybrid: Multi Asset Allocation |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 12 months |
| Riskometer | Very High |
| Benchmark | NIFTY Composite Debt Index (50), NIFTY 500 TRI (38), Domestic Price of Gold (13) |
What is the Benchmark Index?
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | – | – | – | – | – |
| Total Return | – | – | – | – |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | – | – | – |
| Beta (NIFTY 50) | – | – | – |
| Correlation (NIFTY 50) | – | – | – |
Fundamentals
| P/E | P/B | Dividend Yield |
| – | – | – |
Study about Benchmark Index in details
Performance Review of the Fund Managers of Bank of India Multi Asset Allocation Fund?
1) Alok Singh
Education: Mr. Singh is a CFA and PGDBA from ICFAI Business School.
Experience: Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank
Past Performance of his Schemes
| Fund | Bank of India Conservative Hybrid Fund | It’s Benchmark | Bank of India Credit Risk Fund | It’s Benchmark |
| 1 Year | 11.49 | 12.02 | 5.62 | 4.46 |
| 3 Year | 13.59 | 8.86 | 41.11 | 3.07 |
| 5 Year | 8.76 | 9.46 | -3.15 | 3.28 |
| 7 Year | 7.62 | 9.12 | -1.09 | 3.52 |
| 10 Year | 8.57 | 9.36 | — | — |
2) Mithraem Bharucha
Education: Mr. Bharucha is a BMS and MBA
Experience: Prior to joining Bank of India Mutual Fund, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.
Past Performance of his Schemes
| Fund | Bank of India Overnight Fund | It’s Benchmark | Bank of India Short Term Income Fund | It’s Benchmark |
| 1 Year | 6.79 | 4.46 | 5.84 | 4.46 |
| 3 Year | 4.96 | 3.07 | 11.66 | 3.07 |
| 5 Year | — | — | 3.50 | 3.28 |
| 7 Year | — | — | 4.21 | 3.52 |
| 10 Year | — | — | 5.76 | 4.02 |
Which Company Owns Bank of India Multi Asset Allocation Fund?
Bank of India Investment Managers Private Limited
Address: B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400013
Website: https://www.boimf.in/
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
Is it good to invest in BOI Multi Asset Allocation Fund NFO?
Guidance for Bank of India Multi Asset Allocation Fund by Paresh Gordhandas, C.A., Research Analyst.
Will Post Soon
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