Bank of India Balanced Advantage Fund Direct Growth

Fund Overview

Fund Size

₹132 Cr

Expense Ratio

1.17%

ISIN

INF761K01BO6

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

14 Mar 2014

About this fund

Bank of India Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 11 years, 1 months and 5 days, having been launched on 14-Mar-14.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹25.63, Assets Under Management (AUM) of 132.04 Crores, and an expense ratio of 1.17%.

Bank of India Balanced Advantage Fund Direct Growth has given a CAGR return of 8.85% since inception.
The fund's asset allocation comprises around 69.90% in equities, 18.24% in debts, and 11.86% in cash & cash equivalents.
You can start investing in Bank of India Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+2.59%

+5.87% (Cat Avg.)

3 Years

+9.96%

+10.82% (Cat Avg.)

5 Years

+12.92%

+14.57% (Cat Avg.)

10 Years

+7.58%

+9.33% (Cat Avg.)

Since Inception

+8.85%

— (Cat Avg.)

Portfolio Summaryas of 31st March 2025

Equity	₹92.29 Cr	69.90%
Debt	₹24.08 Cr	18.24%
Others	₹15.67 Cr	11.86%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹8.96 Cr	6.78%
Treps	Cash - Repurchase Agreement	₹6.42 Cr	4.86%
ICICI Bank Ltd	Equity	₹6.26 Cr	4.74%
Reliance Industries Ltd	Equity	₹5.99 Cr	4.54%
State Bank of India	Equity	₹5.11 Cr	3.87%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹5.09 Cr	3.85%
National Bank for Agriculture and Rural Development 7.68%	Bond - Gov't Agency Debt	₹5.08 Cr	3.85%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹5.05 Cr	3.82%
Au Small Finance Bank Limited	Cash - CD/Time Deposit	₹4.82 Cr	3.65%
Net Receivables / (Payables)	Cash	₹4.43 Cr	3.35%
7.18% Govt Stock 2033	Bond - Gov't/Treasury	₹3.81 Cr	2.89%
Bharti Airtel Ltd	Equity	₹3.16 Cr	2.39%
NTPC Ltd	Equity	₹2.69 Cr	2.04%
Infosys Ltd	Equity	₹2.67 Cr	2.02%
7.1% Govt Stock 2029	Bond - Gov't/Treasury	₹2.56 Cr	1.94%
IRB InvIT Fund Units 2017-Series IV	Equity	₹2.5 Cr	1.89%
ITC Ltd	Equity	₹2.28 Cr	1.73%
IndiGrid Infrastructure Trust Units Series - IV	Equity	₹2.13 Cr	1.61%
Shriram Finance Ltd	Equity	₹2.11 Cr	1.59%
Larsen & Toubro Ltd	Equity	₹2.1 Cr	1.59%
Export-Import Bank Of India	Bond - Corporate Bond	₹2.02 Cr	1.53%
Vedanta Ltd	Equity	₹1.95 Cr	1.47%
REC Ltd	Equity	₹1.93 Cr	1.46%
Adani Ports & Special Economic Zone Ltd	Equity	₹1.9 Cr	1.44%
Bajaj Finance Ltd	Equity	₹1.81 Cr	1.37%
Tata Consultancy Services Ltd	Equity	₹1.8 Cr	1.37%
Axis Bank Ltd	Equity	₹1.72 Cr	1.30%
Kotak Mahindra Bank Ltd	Equity	₹1.65 Cr	1.25%
Tata Steel Ltd	Equity	₹1.58 Cr	1.20%
Tata Power Co Ltd	Equity	₹1.57 Cr	1.19%
Power Grid Corp Of India Ltd	Equity	₹1.54 Cr	1.17%
Tech Mahindra Ltd	Equity	₹1.45 Cr	1.10%
DLF Ltd	Equity	₹1.4 Cr	1.06%
Titan Co Ltd	Equity	₹1.39 Cr	1.05%
Sun Pharmaceuticals Industries Ltd	Equity	₹1.28 Cr	0.97%
Hindalco Industries Ltd	Equity	₹1.22 Cr	0.92%
Dr Reddy's Laboratories Ltd	Equity	₹1.2 Cr	0.91%
HCL Technologies Ltd	Equity	₹1.13 Cr	0.85%
Mahindra & Mahindra Ltd	Equity	₹1.08 Cr	0.82%
JSW Steel Ltd	Equity	₹1.07 Cr	0.81%
Siemens Ltd	Equity	₹1.06 Cr	0.80%
Bharat Electronics Ltd	Equity	₹1 Cr	0.76%
Hindustan Unilever Ltd	Equity	₹0.96 Cr	0.73%
UltraTech Cement Ltd	Equity	₹0.94 Cr	0.71%
Trent Ltd	Equity	₹0.91 Cr	0.69%
Hero MotoCorp Ltd	Equity	₹0.9 Cr	0.68%
Adani Enterprises Ltd	Equity	₹0.82 Cr	0.62%
Maruti Suzuki India Ltd	Equity	₹0.82 Cr	0.62%
Bank of Baroda	Equity	₹0.79 Cr	0.60%
SBI Life Insurance Co Ltd	Equity	₹0.78 Cr	0.59%
Tata Motors Ltd	Equity	₹0.68 Cr	0.52%
Grasim Industries Ltd	Equity	₹0.67 Cr	0.51%
Asian Paints Ltd	Equity	₹0.66 Cr	0.50%
Bajaj Auto Ltd	Equity	₹0.65 Cr	0.50%
Coal India Ltd	Equity	₹0.62 Cr	0.47%
Oil & Natural Gas Corp Ltd	Equity	₹0.6 Cr	0.45%
Nestle India Ltd	Equity	₹0.55 Cr	0.42%
Apollo Hospitals Enterprise Ltd	Equity	₹0.54 Cr	0.41%
Divi's Laboratories Ltd	Equity	₹0.53 Cr	0.40%
Wipro Ltd	Equity	₹0.51 Cr	0.39%
Cipla Ltd	Equity	₹0.5 Cr	0.38%
364 DTB 15012026	Bond - Gov't/Treasury	₹0.48 Cr	0.36%
Eicher Motors Ltd	Equity	₹0.45 Cr	0.34%
HDFC Life Insurance Co Ltd	Equity	₹0.43 Cr	0.32%
Britannia Industries Ltd	Equity	₹0.38 Cr	0.29%
Bharat Petroleum Corp Ltd	Equity	₹0.35 Cr	0.27%
Tata Consumer Products Ltd	Equity	₹0.32 Cr	0.24%
IndusInd Bank Ltd	Equity	₹0.27 Cr	0.20%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹31.81 Cr	24.09%
Industrials	₹8.55 Cr	6.48%
Energy	₹8.38 Cr	6.35%
Basic Materials	₹8.08 Cr	6.12%
Utilities	₹7.93 Cr	6.00%
Technology	₹7.56 Cr	5.72%
Consumer Cyclical	₹6.88 Cr	5.21%
Consumer Defensive	₹4.49 Cr	3.40%
Healthcare	₹4.06 Cr	3.07%
Communication Services	₹3.16 Cr	2.39%
Real Estate	₹1.4 Cr	1.06%

Risk & Performance Ratios

Fund Managers

Alok Singh

Since December 2021

Additional Scheme Detailsas of 31st March 2025

ISIN

INF761K01BO6

Expense Ratio

1.17%

Exit Load

1.00%

Fund Size

₹132 Cr

Age

11 years 1 month

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Composite Debt Index TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Asset Allocation Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Unifi Dynamic Asset Allocation Fund Direct Growth High Risk	-	1.0%	-	-
Unifi Dynamic Asset Allocation Fund Regular Growth High Risk	-	1.0%	-	-
Canara Robeco Balanced Advantage Fund Regular Growth Very High Risk	2.1%	1.0%	₹1438.82 Cr	-
Canara Robeco Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹1438.82 Cr	-
Helios Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹292.94 Cr	7.8%
Helios Balanced Advantage Fund Regular Growth Moderately High risk	2.4%	1.0%	₹292.94 Cr	6.1%
Parag Parikh Dynamic Asset Allocation Fund Regular Growth Moderate Risk	0.6%	1.0%	₹1761.42 Cr	10.5%
Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk	0.3%	1.0%	₹1761.42 Cr	10.9%
Samco Dynamic Asset Allocation Fund Direct Growth Very High Risk	0.8%	1.0%	₹522.56 Cr	1.1%
Samco Dynamic Asset Allocation Fund Regular Growth Very High Risk	2.4%	1.0%	₹522.56 Cr	-0.7%

About the AMC

BOI Mutual Fund

+91 22 40479000

https://www.boimf.in/

Total AUM

₹9,585 Cr

Address

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

Other Funds by BOI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk	-	0.0%	₹56.79 Cr	-2.5%
Bank of India Midcap Tax Fund Series 2 Direct Growth Very High Risk	-	0.0%	₹29.90 Cr	-1.4%
Bank of India Mid & Small Cap Equity & Debt Direct Growth Very High Risk	0.8%	1.0%	₹1067.62 Cr	5.7%
Bank of India Conservative Hybrid Fund Direct Growth Moderately High risk	1.1%	1.0%	₹66.49 Cr	5.1%
Bank of India Balanced Advantage Fund Direct Growth Very High Risk	1.2%	1.0%	₹132.04 Cr	2.6%
Bank of India Multi Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹778.03 Cr	6.7%
Bank of India Bluechip Fund Direct Growth Very High Risk	0.9%	1.0%	₹184.13 Cr	0.3%
Bank of India Flexi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1962.03 Cr	3.1%
Bank of India Large & Mid Cap Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹362.39 Cr	3.8%
Bank of India Liquid Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1523.92 Cr	7.4%
Bank of India S/T Income Direct Growth Moderate Risk	0.5%	0.0%	₹114.11 Cr	10.9%
Bank of India Manufacturing and Infrastructure fund Direct Growth Very High Risk	0.7%	1.0%	₹513.93 Cr	4.0%
Bank of India Tax Advantage Fund Direct Growth Very High Risk	0.8%	0.0%	₹1319.59 Cr	-1.1%
Bank of India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹154.61 Cr	7.5%
Bank of India Credit Risk Fund Direct Growth High Risk	1.0%	4.0%	₹110.06 Cr	5.9%
Bank of India Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1574.18 Cr	11.0%
Bank of India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹41.29 Cr	6.7%
Bank of India Arbitrage Fund Direct Growth Low Risk	0.5%	0.0%	₹43.72 Cr	7.5%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

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

The NAV of Bank of India Balanced Advantage Fund Direct Growth, as of 17-Apr-2025, is ₹25.63.

What are the returns of Bank of India Balanced Advantage Fund Direct Growth?

The fund has generated 2.59% over the last 1 year and 9.96% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Bank of India Balanced Advantage Fund Direct Growth?

The fund's allocation of assets is distributed as 69.90% in equities, 18.24% in bonds, and 11.86% in cash and cash equivalents.

Who manages the Bank of India Balanced Advantage Fund Direct Growth?

The fund managers responsible for Bank of India Balanced Advantage Fund Direct Growth are:-

Alok Singh

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹132 Cr

Expense Ratio

1.17%

ISIN

INF761K01BO6

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

14 Mar 2014

Risk Level

Your principal amount will be at Very High Risk