Bank Of India Multi Asset Allocation Fund - Regular Plan - Growth

Bank Of India Multi Asset Allocation Fund - Regular Plan - Growth is a scheme launched by Bank of India Mutual Fund on February 28, 2024, and falls under the Multi Asset Allocation fund category. It currently manages an AUM of Rs 337.91 crore. The fund permits investments with a minimum SIP of Rs 0 and a lump sum of Rs 5000. It charges an expense ratio of 1.93% for managing the portfolio.

• Investing 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.

• Performance:

  Bank Of India Multi Asset Allocation Fund - Regular Plan - Growth trailing returns over different times are 4.74% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 5.57%.