Wed, May 08, 2024
Large-cap mutual funds are considered more stable than mid- and small-cap funds since they invest their money primarily in large-cap companies. Since their main investments are in large caps, which are financially stable, the returns at times are not as high as in mid- or small caps.
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Thu, Feb 08, 2024
The Multi Asset Allocation Strategy comprises investment of 35-40 per cent in equity & equity related instruments, 45-55 per cent in debt & money market instruments, 10-15 per cent in Gold ETF and up to 10 per cent in units issued by REITs and InvITs.
Wed, Feb 07, 2024
The NFO or new fund offer of Bank of India Multi Asset Allocation Fund opens today for subscription. For the unversed, NFO is similar to an IPO, wherein investors can invest in the investment option via the new fund offer route. The NFO for the scheme shall run until February 21, 2024.
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