Welcome To myplexus.com

Fund Facts
  • Name of Fund:
    Bank of India Multi Asset Allocation
  • Opening:
    7th February 2024
  • Closing:
    21st February 2024
  • Scheme Type:
    Open Ended Multi Asset Allocation Fund
  • Minimum Investment:
    Rs. 5,000 and in multiples of Re. 1/- thereafter
  • Plan:
    Regular and Direct
  • Options:
    Growth and IDCW
  • Entry Load:
    Nil
  • Exit Road:
    1% of NAV if units in excess of 10% of the units allotted are redeemed/switched out within 12 months from the date of allotment
  • Thereafter:
    Nil

Fund Stats

Objective

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.

  • Benchmark:

  • NIFTY 500

  • Fund Manager:

  • Alok Singh , Mithraem Bharucha

Asset Allocation

35- 40% Equity
45-55% Money Market
Comparable existing schemes
Aditya Birla Sun Life Multi Asset Allocation Fund 10.96(6M) 21.38(1Y)
SBI Multi Asset Allocation Fund 14.50(6M) 28.94(1Y)

Fund Prognosis

Idea Distiller

The segment that could really see the MF industry get close to the banks and this is this fund house's attempt to make it.

  • Fund House AAUM:

  • Rs 578828.85 Lakhs(as on 31st December, 2023)

  • Fund Manager:

  • Combined experience of above 21 years

Scheme DNA 4 fundamentals

  • UNIQNESS
  • RETURN
  • RISK
  • OPERABILITY

OOMP Factor

If you are looking for better than deposit returns but don’t mind a bit of volatility, choose this kind of funds.