Nanosized CoFe2O4 was synthesized by Aloe vera-mediated sol-gel auto-combustion method. The yielded nanoparticles were characterised by Fourier transform infrared spectroscopy (FTIR), X-ray diffraction (XRD), field emission scanning electron microscopy (FE-SEM) to investigate the phase formation and morphology of the obtained powders. FTIR, XRD and Raman spectra revealed the formation of single phase CoFe2O4. FESEM micrographs showed the formation of some bud like structure and the particle size obtained is around 50-65& #x202F;nm. Investigation of magnetic properties viz. saturation magnetization (M-s), remenant magnetization (M-r) and coercivity (H-c) were studied from the M-H loop and were found to be 72.23 emu/gm, 31.29 emu/gm, 1519  Oe respectively. In addition, the massive dielectric constant, low dielectric loss, and AC conductivity of the CoFe2O4 nanoparticles were dependent on the frequency (100 Hz-1 MHz), method of preparation and grain size. Room temperature ferroelectric measurement reveals a partially unsaturated P-E loop due to the high coercive field and influence of leakage current.