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Bank of India Balanced Advantage Fund Regular Growth
HybridDynamic Asset AllocationVery High Risk
Regular
NAV (21-Nov-24)
₹23.82-0.73%1D
Returns (Since Inception)
8.46%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹135 Cr
Expense Ratio
2.27%
ISIN
INF761K01BR9
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
14 Mar 2014
About this fund
Bank of India Balanced Advantage Fund Regular Growth is a Dynamic Asset Allocation mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 10 years, 8 months and 8 days, having been launched on 14-Mar-14.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹23.82, Assets Under Management (AUM) of 135.02 Crores, and an expense ratio of 2.27%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹23.82, Assets Under Management (AUM) of 135.02 Crores, and an expense ratio of 2.27%.
- Bank of India Balanced Advantage Fund Regular Growth has given a CAGR return of 8.46% since inception.
- The fund's asset allocation comprises around 62.59% in equities, 15.55% in debts, and 21.86% in cash & cash equivalents.
- You can start investing in Bank of India Balanced Advantage Fund Regular 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
+15.44%
+18.62% (Cat Avg.)
3 Years
+12.68%
+11.19% (Cat Avg.)
5 Years
+10.87%
+12.80% (Cat Avg.)
10 Years
+7.30%
+9.65% (Cat Avg.)
Since Inception
+8.46%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹84.51 Cr | 62.59% |
| Debt | ₹20.99 Cr | 15.55% |
| Others | ₹29.52 Cr | 21.87% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹18.47 Cr | 13.68% |
| Nifty November 2024 Future | Equity Index - Future | ₹-14.02 Cr | 10.39% |
| HDFC Bank Ltd | Equity | ₹9.81 Cr | 7.26% |
| Reliance Industries Ltd | Equity | ₹7.74 Cr | 5.74% |
| State Bank of India | Equity | ₹5.43 Cr | 4.02% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.05 Cr | 3.74% |
| National Bank for Agriculture and Rural Development 7.68% | Bond - Gov't Agency Debt | ₹5.04 Cr | 3.74% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹5.01 Cr | 3.71% |
| Au Small Finance Bank Limited (01/10/2025) ** # | Cash | ₹4.66 Cr | 3.45% |
| ICICI Bank Ltd | Equity | ₹4.45 Cr | 3.30% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹3.76 Cr | 2.78% |
| Treps | Cash - Repurchase Agreement | ₹3.57 Cr | 2.64% |
| Kotak Mahindra Bank Ltd | Equity | ₹3.31 Cr | 2.45% |
| NTPC Ltd | Equity | ₹3.07 Cr | 2.28% |
| IRB InvIT Fund Units 2017-Series IV | Equity | ₹3.05 Cr | 2.26% |
| Bank of India Arbitrage Dir Gr | Mutual Fund - Open End | ₹2.94 Cr | 2.18% |
| ITC Ltd | Equity | ₹2.72 Cr | 2.01% |
| Bharti Airtel Ltd | Equity | ₹2.62 Cr | 1.94% |
| Larsen & Toubro Ltd | Equity | ₹2.56 Cr | 1.90% |
| Infosys Ltd | Equity | ₹2.41 Cr | 1.79% |
| Tata Consultancy Services Ltd | Equity | ₹2.4 Cr | 1.78% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹2.21 Cr | 1.64% |
| India Grid Trust Units Series - IV | Equity | ₹2.2 Cr | 1.63% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹2 Cr | 1.48% |
| UltraTech Cement Ltd | Equity | ₹1.9 Cr | 1.41% |
| Axis Bank Ltd | Equity | ₹1.81 Cr | 1.34% |
| Coal India Ltd | Equity | ₹1.78 Cr | 1.32% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.68 Cr | 1.24% |
| Vedanta Ltd | Equity | ₹1.62 Cr | 1.20% |
| Tata Steel Ltd | Equity | ₹1.52 Cr | 1.13% |
| Tech Mahindra Ltd | Equity | ₹1.52 Cr | 1.12% |
| Tata Power Co Ltd | Equity | ₹1.48 Cr | 1.10% |
| Titan Co Ltd | Equity | ₹1.48 Cr | 1.10% |
| Jio Financial Services Ltd | Equity | ₹1.42 Cr | 1.05% |
| Bajaj Finance Ltd | Equity | ₹1.39 Cr | 1.03% |
| Dr Reddy's Laboratories Ltd | Equity | ₹1.34 Cr | 0.99% |
| Trent Ltd | Equity | ₹1.29 Cr | 0.96% |
| HCL Technologies Ltd | Equity | ₹1.25 Cr | 0.92% |
| Hindalco Industries Ltd | Equity | ₹1.22 Cr | 0.90% |
| Power Grid Corp Of India Ltd | Equity | ₹1.22 Cr | 0.90% |
| Hero MotoCorp Ltd | Equity | ₹1.2 Cr | 0.89% |
| Mahindra & Mahindra Ltd | Equity | ₹1.11 Cr | 0.82% |
| REC Ltd | Equity | ₹1.1 Cr | 0.81% |
| Hindustan Unilever Ltd | Equity | ₹1.08 Cr | 0.80% |
| Adani Enterprises Ltd | Equity | ₹1.05 Cr | 0.78% |
| JSW Steel Ltd | Equity | ₹0.97 Cr | 0.72% |
| Bajaj Finserv Ltd | Equity | ₹0.88 Cr | 0.65% |
| Bank of Baroda | Equity | ₹0.87 Cr | 0.64% |
| Tata Motors Ltd | Equity | ₹0.85 Cr | 0.63% |
| Asian Paints Ltd | Equity | ₹0.82 Cr | 0.61% |
| Bajaj Auto Ltd | Equity | ₹0.82 Cr | 0.60% |
| Maruti Suzuki India Ltd | Equity | ₹0.79 Cr | 0.58% |
| Siemens Ltd | Equity | ₹0.77 Cr | 0.57% |
| Grasim Industries Ltd | Equity | ₹0.67 Cr | 0.49% |
| DLF Ltd | Equity | ₹0.66 Cr | 0.49% |
| SBI Life Insurance Co Ltd | Equity | ₹0.65 Cr | 0.48% |
| Oil & Natural Gas Corp Ltd | Equity | ₹0.65 Cr | 0.48% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹0.58 Cr | 0.43% |
| Nestle India Ltd | Equity | ₹0.56 Cr | 0.41% |
| Wipro Ltd | Equity | ₹0.54 Cr | 0.40% |
| Divi's Laboratories Ltd | Equity | ₹0.54 Cr | 0.40% |
| Cipla Ltd | Equity | ₹0.54 Cr | 0.40% |
| HDFC Life Insurance Co Ltd | Equity | ₹0.45 Cr | 0.33% |
| Britannia Industries Ltd | Equity | ₹0.45 Cr | 0.33% |
| IndusInd Bank Ltd | Equity | ₹0.43 Cr | 0.32% |
| Eicher Motors Ltd | Equity | ₹0.42 Cr | 0.31% |
| Bharat Petroleum Corp Ltd | Equity | ₹0.39 Cr | 0.29% |
| Shriram Finance Ltd | Equity | ₹0.35 Cr | 0.26% |
| Tata Consumer Products Ltd | Equity | ₹0.32 Cr | 0.23% |
| Bharat Electronics Ltd | Equity | ₹0.15 Cr | 0.11% |
| Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.1) | Equity | ₹0.01 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
69.26%
Mid Cap Stocks
0.08%
Small Cap Stocks
0.03%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹32.35 Cr | 23.96% |
| Energy | ₹11.61 Cr | 8.60% |
| Basic Materials | ₹8.74 Cr | 6.48% |
| Industrials | ₹8.74 Cr | 6.47% |
| Technology | ₹8.12 Cr | 6.01% |
| Utilities | ₹7.98 Cr | 5.91% |
| Consumer Cyclical | ₹7.94 Cr | 5.88% |
| Consumer Defensive | ₹5.11 Cr | 3.79% |
| Healthcare | ₹4.67 Cr | 3.46% |
| Communication Services | ₹2.62 Cr | 1.94% |
| Real Estate | ₹0.66 Cr | 0.49% |
Risk & Performance Ratios
Standard Deviation
This fund
11.99%
Cat. avg.
7.86%
Lower the better
Sharpe Ratio
This fund
0.66
Cat. avg.
0.75
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.37
Higher the better
Fund Managers
AS
Alok Singh
Since December 2021
Additional Scheme Detailsas of 31st October 2024
ISIN INF761K01BR9 | Expense Ratio 2.27% | Exit Load 1.00% | Fund Size ₹135 Cr | Age 10 years 8 months | 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  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1238.19 Cr | 11.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1238.19 Cr | 13.3% |
| Quant Dynamic Asset Allocation Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1349.99 Cr | 31.2% |
| Quant Dynamic Asset Allocation Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1349.99 Cr | 29.3% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2268.45 Cr | 17.9% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2268.45 Cr | 16.4% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹890.15 Cr | 19.7% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹890.15 Cr | 21.7% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1742.15 Cr | 17.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1742.15 Cr | 15.5% |
About the AMC
BOI Mutual Fund
Total AUM
₹10,514 Cr
Address
B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013
Other Funds by BOI Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Bank of India Balanced Advantage Fund Regular Growth?
The NAV of Bank of India Balanced Advantage Fund Regular Growth, as of 21-Nov-2024, is ₹23.82.
What are the returns of Bank of India Balanced Advantage Fund Regular Growth?
The fund has generated 15.44% over the last 1 year and 12.68% 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 Regular Growth?
The fund's allocation of assets is distributed as 62.59% in equities, 15.55% in bonds, and 21.86% in cash and cash equivalents.
Who manages the Bank of India Balanced Advantage Fund Regular Growth?
The fund managers responsible for Bank of India Balanced Advantage Fund Regular 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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.