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Bank of India Multicap Fund - NAV, Returns, Performance & Investment Details

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Invest in Bank of India Multicap Fund - Latest NAV, AUM, returns & performance. Explore investment objectives, fund manager details & investment process with expert analysis.

Investment Objective and Approach

Bank of India Multicap Fund invests predominantly in equity and equity related securities across market capitalizations, with the investment objective to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related securities.

The fund follows a strategic allocation approach with at least 25% each allocated to large-cap (stable growth, cash flow and return ratios), mid-cap (better growth, efficient redeployment of capital), and small-cap (unique positioning, emerging business offering better growth, scalable business, operating leverage and ROCE expansion) securities.

The fund is suitable for investors looking to invest in opportunities across the market cap spectrum, seeking to optimize returns while minimizing volatility, with a recommended investment horizon of 5 years or longer. The fund benchmarks against NIFTY 500 Multicap 50:25:25 Total Return Index (TRI).

Key Investment Features:

- AUM: ₹796.13 Cr as of 28th May 2025

- Expense Ratio: 1% as of 28th May 2025

- CAGR Returns: 28.8% since inception (launched on Feb 10, 2023)

- Minimum SIP Amount: ₹1,000

- Minimum Lumpsum Investment: ₹5,000

Fund Managers

Nitin Gosar is the current Fund Manager of Bank of India Multicap Fund. The fund management team operates under the guidance of Mr Alok Singh as CIO (Chief Investment Officer) of Bank of India Investment Managers.

About the Fund House (AMC)

Bank of India Investment Managers Private Limited (formerly BOI AXA Investment Managers Private Limited) is a wholly-owned subsidiary of Bank of India (BOI). The AMC was incorporated on August 13, 2007, and commenced operations on March 31, 2008, operating under the sponsorship of Bank of India with Bank of India Trustee Services Private Limited acting as the trustee organization.

With over 14 years of experience in fund management, Bank of India Investment Managers Private Limited has consistently ensured to meet the investment objectives of its investors, continuously proving to be trustworthy with rich experience in fund management.

The fund house offers approximately 17 varied mutual fund schemes diversified across various sectors. As per the most recent financial data available, Bank of India Mutual Fund manages assets totaling over ₹12,025 crore as of 30 April 2025, with the prominent team comprising Mr. Mohit Bhatia as CEO/MD, Mr. Alok Singh as CIO, and Ms. Roshni Pawar as Investor Service Officer.

Fund House Highlights:

- Wholly-owned subsidiary of Bank of India

- 14+ years of fund management experience

- 17 diversified mutual fund schemes

- Strong regulatory compliance and governance structure

Should I Invest in Bank of India Multicap Fund?

Investment Considerations:

Positives:

- Strong inception returns of 28.8% CAGR since launch in February 2023

- Expense ratio of 1% which is lower than category average

- Diversified multicap approach providing exposure across market capitalizations

- Suitable for investors with 5+ year investment horizon seeking optimized returns while minimizing volatility

- Backed by established banking institution with strong governance

Risk Factors:

- Fund is rated as Very High risk

- High volatility with standard deviation of 20.70, indicating higher risk associated with returns

- Relatively new fund launched in 2023, limited long-term track record

- AUM of ₹778 Cr is less than category average of ₹6,034 Cr

Ideal For:

- Investors seeking diversified equity exposure across market caps

- Those with high risk tolerance and 5+ year investment horizon

- Investors looking for professional management with multicap flexibility

FAQs

What is today's NAV of Bank of India Multicap Fund?

The latest NAV is ₹17.620 as of 29 May 2025. NAV is updated daily and can be tracked on the AMC website or investment platforms.

What is the AUM of Bank of India Multicap Fund?

The AUM (Assets Under Management) is ₹796.13 Crores as of 28th May 2025. This represents the total market value of assets managed by the fund.

What is the expense ratio of Bank of India Multicap Fund?

The expense ratio is 1% as of 28th May 2025, which covers the annual charges for fund management and is deducted from the fund's returns.

What are the returns of Bank of India Multicap Fund since inception?

The fund has delivered a CAGR of 28.8% since inception (launched on Feb 10, 2023). The 1-year return performance is 7.57%.

What is the minimum SIP amount to invest in Bank of India Multicap Fund?

The minimum SIP amount is ₹1,000. This allows investors to start systematic investments with a relatively small monthly commitment.

How do I invest in Bank of India Multicap Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, choosing investment amount, and setting up payment methods. Alternatively, invest directly through the AMC website or authorized distributors.

How to start a SIP in Bank of India Multicap Fund?

Login to Allvest, search for Bank of India Multicap Fund, select SIP option, choose investment amount and frequency, set up auto-debit, and complete the transaction to begin systematic investing.

How do I automate an SIP in Bank of India Multicap Fund?

Set up auto-debit through bank mandate or UPI on Allvest platform during SIP setup. This ensures automatic monthly deductions without manual intervention for seamless investing.

How can I withdraw/redeem my investment in Bank of India Multicap Fund?

Log into your Allvest account, select the fund, choose redemption option, specify units or amount to redeem, and submit the request. Proceeds will be credited to your registered bank account within 3-4 business days.