Fundamental attributes changes in Bank of India Multi Asset Allocation Fund

Bank of India Mutual Fund has announced change in the fundamental attributes of its Bank of India Multi Asset Allocation Fund.

• 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/Silver ETF.
• As per the updated asset allocation, the fund will now invest 10 - 80 per cent in Equity and equity related instruments, 10 – 80 per cent in debt & money market instruments, 10 – 50 per cent in Gold ETF/Silver ETF and 0 – 10 per cent of its assets in units issued by INVITs.
• The benchmark of the scheme has changed from ‘Domestic Price of Gold(12.50%), NIFTY 500 Total Return Index(37.50%), NIFTY Composite Debt Index(50%)’ to ‘Domestic Price of Gold(15%), Domestic Price of Silver(5%), NIFTY 500 Total Return Index(40%), NIFTY Composite Debt Index(40%)’.

These changes are effective from June 01, 2026.

As per the regulatory requirements, unitholders have been given a 30-day exit window from April 30, 2026 to May 29, 2026. Investors who do not consent to these changes have an option to either switch or redeem their investments without paying any exit load during the period. No action is required to be taken by investors who don't have any objection to the proposed change.