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Bank of India Balanced Advantage Direct Growth

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Bank of India Balanced Advantage Direct Growth

Bank of India Balanced Advantage Direct Growth

  • Very High Risk
  • Allocation
  • Dynamic Asset Allocation
  • Share
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NAV as on Feb 28, 2025
i
Price per unit of the scheme.
₹ 24.1169 -1.26% 1 Day Change
-4.59%
Minimum Investment ₹5000
Expense Ratio 1.64%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
2
Scheme Rating
*Morningstar Rating Methodologyi

RISK-O-METER

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

FUND PERFORMANCE

(As On --)
Compare fund’s performance against category average across different time periods
1M 3M 6M 1Y 3Y 5Y
-- Out of -- funds in the category
Category Avg Return
--
Fund Return
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

This Fund
Bank of India Balanced Advantage Direct Growth
VS
Allocation: Dynamic Asset Allocation Average NAV
Topper in Allocation: Dynamic Asset Allocation
All Fund
*For the other fund, rescaled NAVs are used
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RETURN CALCULATOR

Check the return on your investment in the fund
Bank of India Balanced Advantage Direct Growth
Investment Type
MONTHLY SIP ONE -TIME
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
₹ 132.36 Cr(As on Jan, 2025)
Inception Date
Mar 14, 2014
Turnover
0.00 %
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

ABOUT THE FUND

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 in Mar 14, 2014. Its risk level is Very High. The NAV of the fund as on Feb 28, 2025 is ₹24.12. Its expense ratio is 1.64 %. The fund has an AUM of ₹132.36 Cr.The fund is managed by Alok Singh. The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Alok Singh
i
Lead Fund Manager.
Dec 1, 2021- Present
  • Schemes managed 6
  • Total AUM ₹ 3,774.60 Cr
  • Highest Return In 1 Yr 7.51 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Balanced Advantage Direct Growth Bank of India Balanced Advantage Direct Growth
₹24.12
-4.59%
-1.83%
Very High Risk
₹132.36Cr
Bank of India Tax Advantage Fund Direct Plan Growth Bank of India Tax Advantage Fund Direct Plan Growth
₹156.47
-11.46%
-3.29%
Very High Risk
₹1,329.97Cr
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
--
₹14.08
0.48%
0.28%
Low Risk
₹43.60Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Balanced Advantage Direct Growth Bank of India Balanced Advantage Direct Growth
₹24.12
-7.59%
-5.92%
Very High Risk
₹132.36Cr
Bank of India Tax Advantage Fund Direct Plan Growth Bank of India Tax Advantage Fund Direct Plan Growth
₹156.47
-19.87%
-11.52%
Very High Risk
₹1,329.97Cr
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
--
₹14.08
1.76%
1.42%
Low Risk
₹43.60Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Balanced Advantage Direct Growth Bank of India Balanced Advantage Direct Growth
₹24.12
-10.90%
-7.42%
Very High Risk
₹132.36Cr
Bank of India Tax Advantage Fund Direct Plan Growth Bank of India Tax Advantage Fund Direct Plan Growth
₹156.47
-22.96%
-13.63%
Very High Risk
₹1,329.97Cr
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
--
₹14.08
3.58%
2.98%
Low Risk
₹43.60Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Balanced Advantage Direct Growth Bank of India Balanced Advantage Direct Growth
₹24.12
-2.50%
2.84%
Very High Risk
₹132.36Cr
Bank of India Tax Advantage Fund Direct Plan Growth Bank of India Tax Advantage Fund Direct Plan Growth
₹156.47
-7.36%
1.92%
Very High Risk
₹1,329.97Cr
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
₹14.08
7.51%
6.79%
Low Risk
₹43.60Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Balanced Advantage Direct Growth Bank of India Balanced Advantage Direct Growth
₹24.12
12.70%
10.71%
Very High Risk
₹132.36Cr
Bank of India Tax Advantage Fund Direct Plan Growth Bank of India Tax Advantage Fund Direct Plan Growth
₹156.47
14.08%
14.46%
Very High Risk
₹1,329.97Cr
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
--
₹14.08
6.15%
6.26%
Low Risk
₹43.60Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Balanced Advantage Direct Growth Bank of India Balanced Advantage Direct Growth
₹24.12
9.97%
11.35%
Very High Risk
₹132.36Cr
Bank of India Tax Advantage Fund Direct Plan Growth Bank of India Tax Advantage Fund Direct Plan Growth
₹156.47
20.09%
17.01%
Very High Risk
₹1,329.97Cr
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
--
₹14.08
4.89%
5.26%
Low Risk
₹43.60Cr
1M 3M 6M 1Y 3Y 5Y
Bank of India Balanced Advantage Direct Growth Bank of India Balanced Advantage Direct Growth
Very High Risk
  • NAV ₹24.12
  • Fund Size ₹132.36Cr
Fund Return -4.59%
Category Return -1.83%
Bank of India Tax Advantage Fund Direct Plan Growth Bank of India Tax Advantage Fund Direct Plan Growth
Very High Risk
  • NAV ₹156.47
  • Fund Size ₹1,329.97Cr
Fund Return -11.46%
Category Return -3.29%
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹14.08
  • Fund Size ₹43.60Cr
Fund Return 0.48%
Category Return 0.28%
Bank of India Balanced Advantage Direct Growth Bank of India Balanced Advantage Direct Growth
Very High Risk
  • NAV ₹24.12
  • Fund Size ₹132.36Cr
Fund Return -7.59%
Category Return -5.92%
Bank of India Tax Advantage Fund Direct Plan Growth Bank of India Tax Advantage Fund Direct Plan Growth
Very High Risk
  • NAV ₹156.47
  • Fund Size ₹1,329.97Cr
Fund Return -19.87%
Category Return -11.52%
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹14.08
  • Fund Size ₹43.60Cr
Fund Return 1.76%
Category Return 1.42%
Bank of India Balanced Advantage Direct Growth Bank of India Balanced Advantage Direct Growth
Very High Risk
  • NAV ₹24.12
  • Fund Size ₹132.36Cr
Fund Return -10.90%
Category Return -7.42%
Bank of India Tax Advantage Fund Direct Plan Growth Bank of India Tax Advantage Fund Direct Plan Growth
Very High Risk
  • NAV ₹156.47
  • Fund Size ₹1,329.97Cr
Fund Return -22.96%
Category Return -13.63%
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹14.08
  • Fund Size ₹43.60Cr
Fund Return 3.58%
Category Return 2.98%
Bank of India Balanced Advantage Direct Growth Bank of India Balanced Advantage Direct Growth
Very High Risk
  • NAV ₹24.12
  • Fund Size ₹132.36Cr
Fund Return -2.50%
Category Return 2.84%
Bank of India Tax Advantage Fund Direct Plan Growth Bank of India Tax Advantage Fund Direct Plan Growth
Very High Risk
  • NAV ₹156.47
  • Fund Size ₹1,329.97Cr
Fund Return -7.36%
Category Return 1.92%
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹14.08
  • Fund Size ₹43.60Cr
Fund Return 7.51%
Category Return 6.79%
Bank of India Balanced Advantage Direct Growth Bank of India Balanced Advantage Direct Growth
Very High Risk
  • NAV ₹24.12
  • Fund Size ₹132.36Cr
Fund Return 12.70%
Category Return 10.71%
Bank of India Tax Advantage Fund Direct Plan Growth Bank of India Tax Advantage Fund Direct Plan Growth
Very High Risk
  • NAV ₹156.47
  • Fund Size ₹1,329.97Cr
Fund Return 14.08%
Category Return 14.46%
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹14.08
  • Fund Size ₹43.60Cr
Fund Return 6.15%
Category Return 6.26%
Bank of India Balanced Advantage Direct Growth Bank of India Balanced Advantage Direct Growth
Very High Risk
  • NAV ₹24.12
  • Fund Size ₹132.36Cr
Fund Return 9.97%
Category Return 11.35%
Bank of India Tax Advantage Fund Direct Plan Growth Bank of India Tax Advantage Fund Direct Plan Growth
Very High Risk
  • NAV ₹156.47
  • Fund Size ₹1,329.97Cr
Fund Return 20.09%
Category Return 17.01%
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹14.08
  • Fund Size ₹43.60Cr
Fund Return 4.89%
Category Return 5.26%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Jan 2025
EQUITY (72.19%)
DEBT (14.68%)
CASH (13.13%)
OTHERS (0.00%)
Allocation by Market Cap

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
  • 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
  • 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.
    1.25
    This Fund
    VS
    1.10
    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
  • 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.
    0.62
    This Fund
    VS
    0.61
    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.
    12.17
    This Fund
    VS
    8.02
    Category Avg
Benchmark used in calculation : --

PEER ANALYSIS

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
SBI Balanced Advantage Fund Direct Growth SBI Balanced Advantage Fund Direct Growth
--
₹14.81
0.39%
-1.83%
Very High Risk
₹33,308.58 Cr
DSP Dynamic Asset Allocation Fund Direct Growth DSP Dynamic Asset Allocation Fund Direct Growth
₹29.08
-2.32%
-1.83%
Moderately High risk
₹3,185.69 Cr
ITI Balanced Advantage Fund Direct Growth ITI Balanced Advantage Fund Direct Growth
₹14.83
-2.64%
-1.83%
Very High Risk
₹378.30 Cr
ICICI Prudential Balanced Advantage Fund Direct Plan Growth ICICI Prudential Balanced Advantage Fund Direct Plan Growth
₹74.67
-2.75%
-1.83%
High Risk
₹60,434.09 Cr
Shriram Balanced Advantage Fund Direct Growth Shriram Balanced Advantage Fund Direct Growth
₹17.41
-2.91%
-1.83%
Very High Risk
₹60.31 Cr
UTI Balanced Advantage Fund Direct Growth UTI Balanced Advantage Fund Direct Growth
--
₹11.83
-3.22%
-1.83%
Very High Risk
₹2,921.21 Cr
SBI Balanced Advantage Fund Direct Growth SBI Balanced Advantage Fund Direct Growth
VERY HIGH RISK --
  • NAV ₹14.81
  • Fund Size ₹33,308.58 Cr
Fund Return -0.39%
Category Return -1.83%
DSP Dynamic Asset Allocation Fund Direct Growth DSP Dynamic Asset Allocation Fund Direct Growth
MODERATELY HIGH RISK
  • NAV ₹29.08
  • Fund Size ₹3,185.69 Cr
Fund Return -2.32%
Category Return -1.83%
ITI Balanced Advantage Fund Direct Growth ITI Balanced Advantage Fund Direct Growth
VERY HIGH RISK
  • NAV ₹14.83
  • Fund Size ₹378.30 Cr
Fund Return -2.64%
Category Return -1.83%
ICICI Prudential Balanced Advantage Fund Direct Plan Growth ICICI Prudential Balanced Advantage Fund Direct Plan Growth
HIGH RISK
  • NAV ₹74.67
  • Fund Size ₹60,434.09 Cr
Fund Return -2.75%
Category Return -1.83%
Shriram Balanced Advantage Fund Direct Growth Shriram Balanced Advantage Fund Direct Growth
VERY HIGH RISK
  • NAV ₹17.41
  • Fund Size ₹60.31 Cr
Fund Return -2.91%
Category Return -1.83%
UTI Balanced Advantage Fund Direct Growth UTI Balanced Advantage Fund Direct Growth
VERY HIGH RISK --
  • NAV ₹11.83
  • Fund Size ₹2,921.21 Cr
Fund Return -3.22%
Category Return -1.83%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Top funds from this amc

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Bank of India Liquid Fund Direct Plan Growth Bank of India Liquid Fund Direct Plan Growth
--
₹2,968.06
0.55%
0.46%
Moderate Risk
₹1,724.83 Cr
Bank of India Ultra Short Duration Fund Direct Plan Growth Bank of India Ultra Short Duration Fund Direct Plan Growth
₹3,186.94
0.54%
0.46%
Low to Moderate Risk
₹162.21 Cr
Bank of India Overnight Fund Direct Growth Bank of India Overnight Fund Direct Growth
--
₹1,288.74
0.49%
--
Low Risk
₹138.92 Cr
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
--
₹14.08
0.48%
0.28%
Low Risk
₹43.60 Cr
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
₹12.17
0.45%
1.06%
Moderately High risk
₹113.57 Cr
Bank of India Short Term Income Fund Direct Plan Growth Bank of India Short Term Income Fund Direct Plan Growth
₹28.16
0.44%
0.43%
Moderate Risk
₹102.16 Cr
Bank of India Liquid Fund Direct Plan Growth Bank of India Liquid Fund Direct Plan Growth
MODERATE RISK --
  • NAV ₹2,968.06
  • Fund Size ₹1,724.83 Cr
Fund Return 0.55%
Category Return 0.46%
Bank of India Ultra Short Duration Fund Direct Plan Growth Bank of India Ultra Short Duration Fund Direct Plan Growth
LOW TO MODERATE RISK
  • NAV ₹3,186.94
  • Fund Size ₹162.21 Cr
Fund Return 0.54%
Category Return 0.46%
Bank of India Overnight Fund Direct Growth Bank of India Overnight Fund Direct Growth
LOW RISK --
  • NAV ₹1,288.74
  • Fund Size ₹138.92 Cr
Fund Return 0.49%
Category Return --
Bank of India Arbitrage Fund Direct Growth Bank of India Arbitrage Fund Direct Growth
LOW RISK --
  • NAV ₹14.08
  • Fund Size ₹43.60 Cr
Fund Return 0.48%
Category Return 0.28%
Bank of India Credit Risk Fund Direct Growth Bank of India Credit Risk Fund Direct Growth
MODERATELY HIGH RISK
  • NAV ₹12.17
  • Fund Size ₹113.57 Cr
Fund Return 0.45%
Category Return 1.06%
Bank of India Short Term Income Fund Direct Plan Growth Bank of India Short Term Income Fund Direct Plan Growth
MODERATE RISK
  • NAV ₹28.16
  • Fund Size ₹102.16 Cr
Fund Return 0.44%
Category Return 0.43%
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 ₹ 11,499.37 crores. It’s current offering of mutual fund schemes includes 11 equity, 4 debt and 4 hybrid schemes.
Phone
+91 22 40479000
Email
service@boimf.in
AUM
₹ 11,499.37 Cr (
As on Jan 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 Feb 28, 2025) is ₹ 24.12
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 -4.59%, 3 months is -7.59%, 6 months is -10.90%, and 1 year is -2.50%.
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 12.70% and 5 years is 9.97%.
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 132.36 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 ₹5000 and the minimum SIP investment in Bank of India Balanced Advantage Direct Growth is ₹1000
What is the asset allocation of Bank of India Balanced Advantage Direct Growth?
The Bank of India Balanced Advantage Direct Growth has an exposure of 72.19% in Equity, 14.68% in Debt and 13.13% in Cash & Money Market Securities

CALCULATORS

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