Bank of India Balanced Advantage Direct Growth

Very High Risk
Allocation
Dynamic Asset Allocation

NAV as on Apr 24, 2025

Price per unit of the scheme.

₹ 25.9447-0.15%1 Day Change

1.87%

Minimum Investment₹5000

Expense Ratio1.64%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Bank of India Balanced Advantage Direct Growth

Allocation: Dynamic Asset Allocation Average NAV

Topper in Allocation: Dynamic Asset Allocation

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Bank of India Balanced Advantage Direct Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

Nifty Composite Debt Index TR INR

Expense Ratio

1.64%

Category Avg Expense Ratio

0.76%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 132.04 Cr(As on Mar, 2025)

Inception Date

Mar 14, 2014

Turnover

- %

Exit Load

For redemption/switch out of initial units allotted within 3 months from the date of allotment :1% Exit Load Any redemption/switch out from the date of allotment of units after 3 months: NIL

Objective: The Fund aims at providing long term capital appreciation / income from a dynamic mix of equity and debt investments. There is no assurance that the investment objectives of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Bank of India Balanced Advantage Direct Growth is an Allocation - Dynamic Asset Allocation fund. The fund was launched inMar 14, 2014. Its risk level is . The NAV of the fund as onApr 24, 2025 is ₹25.94. Its expense ratio is 1.64 %. The fund has an AUM of ₹132.04 Cr.The fund is managed byAlok Singh.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Alok Singh

Lead Fund Manager.

Dec 1, 2021 - Present

Schemes managed6
Total AUM₹ 3,768.62 Cr
Highest Return In 1 Yr9.06 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Bank of India Balanced Advantage Direct Growth

₹ 25.94

1.87%

1.42%

Very High Risk

₹132.04Cr

Bank of India Tax Advantage Fund Direct Plan Growth

₹ 178.02

0.84%

2.22%

Very High Risk

₹1,319.59Cr

Bank of India Arbitrage Fund Direct Growth

₹ 14.24

0.73%

0.47%

Low Risk

₹43.72Cr

Bank of India Balanced Advantage Direct Growth

Very High Risk

NAV₹ 25.94
Fund Size₹132.04Cr

Fund Return1.87%

Category Return1.42%

Bank of India Tax Advantage Fund Direct Plan Growth

Very High Risk

NAV₹ 178.02
Fund Size₹1,319.59Cr

Fund Return0.84%

Category Return2.22%

Bank of India Arbitrage Fund Direct Growth

Low Risk--

NAV₹ 14.24
Fund Size₹43.72Cr

Fund Return0.73%

Category Return0.47%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Mar, 2025

EQUITY (69.90%)

DEBT (18.24%)

CASH (11.86%)

Allocation by Market Cap

Large Cap(65.78%)

Mid Cap(0.61%)

Industry Holdings

Banks Regional26.83%
Information Technology Services8.19%
Oil Gas Refining Marketing6.87%
Credit Services6.33%
Auto Manufacturers4.97%
Utilities Regulated Electric4.59%

Stock Holdings

HDFC Bank Ltd6.78%
ICICI Bank Ltd4.74%
Reliance Industries Ltd4.54%
State Bank of India3.87%
Bharti Airtel Ltd2.39%
NTPC Ltd2.04%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
----
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
----
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
--
This Fund
VS
--
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
--
This Fund
VS
--
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
--
This Fund
VS
--
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
0.34
This Fund
VS
0.51
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
0.54
This Fund
VS
0.86
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
10.46
This Fund
VS
8.52
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Bank of India Investment Managers Private Limited

Bank of India Investment Managers Private Limited manages assets worth ₹ 11,343.44 crores. It’s current offering of mutual fund schemes includes 11 equity, 4 debt and 4 hybrid schemes.

Phone

+91 22 40479000

service@boimf.in

AUM

₹ 11,343.44 Cr (

As on Mar 31, 2025

)

Address

B/204, Tower 1, Peninsula Corporate Park, Mumbai,400 013

FAQ's

What is the category of Bank of India Balanced Advantage Direct Growth ?

The category of Bank of India Balanced Advantage Direct Growth is Allocation - Dynamic Asset Allocation

What is the current NAV of Bank of India Balanced Advantage Direct Growth ?

The current NAV of Bank of India Balanced Advantage Direct Growth as on Apr 24, 2025 is ₹25.94

How safe is Bank of India Balanced Advantage Direct Growth ?

The risk level of Bank of India Balanced Advantage Direct Growth is Very High.

What are short term returns given by Bank of India Balanced Advantage Direct Growth ?

The return given by Bank of India Balanced Advantage Direct Growth in 1 month is 1.87%, 3 months is 3.90%, 6 months is -1.52%, and 1 year is 2.89%

What are the long term returns given by Bank of India Balanced Advantage Direct Growth ?

The return given by Bank of India Balanced Advantage Direct Growth in 3 years is 10.64% and 5 years is 13.15%.

What is the expense ratio of Bank of India Balanced Advantage Direct Growth ?

The expense ratio of Bank of India Balanced Advantage Direct Growth is 1.64%

What is the AUM of Bank of India Balanced Advantage Direct Growth ?

The assets under Management (AUM) of Bank of India Balanced Advantage Direct Growth is Rs 132.04 crores.

What is the minimum investment in Bank of India Balanced Advantage Direct Growth ?

The minimum Lumpsum investment in Bank of India Balanced Advantage Direct Growth is ₹5,000.00 and the minimum SIP investment in Bank of India Balanced Advantage Direct Growth is ₹1,000.00

What is the asset allocation of Bank of India Balanced Advantage Direct Growth?

Bank of India Balanced Advantage Direct Growth has an exposure of 69.90% in Equity, 18.24% in Debt and 11.86% in Cash & Money Market Securities