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Fund Overview

Fund Size

Fund Size

₹126 Cr

Expense Ratio

Expense Ratio

2.43%

ISIN

ISIN

INF761K01BR9

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

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, 2 months and 29 days, having been launched on 14-Mar-14.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹24.39, Assets Under Management (AUM) of 126.44 Crores, and an expense ratio of 2.43%.
  • Bank of India Balanced Advantage Fund Regular Growth has given a CAGR return of 9.09% since inception.
  • The fund's asset allocation comprises around 77.13% in equities, 5.38% in debts, and 17.49% 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

+25.75%

+23.82% (Cat Avg.)

3 Years

+15.12%

+12.09% (Cat Avg.)

5 Years

+10.04%

+12.28% (Cat Avg.)

10 Years

+8.33%

+10.25% (Cat Avg.)

Since Inception

+9.09%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity97.52 Cr77.13%
Debt6.8 Cr5.38%
Others22.12 Cr17.49%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement14.04 Cr11.10%
Reliance Industries LtdEquity8.25 Cr6.53%
HDFC Bank LtdEquity6.43 Cr5.09%
State Bank of IndiaEquity5.31 Cr4.20%
National Bank for Agriculture and Rural Development 7.68%Bond - Gov't Agency Debt5 Cr3.96%
Hindustan Aeronautics Ltd Ordinary SharesEquity4.97 Cr3.93%
Larsen & Toubro LtdEquity4.73 Cr3.74%
7.18% Govt Stock 2033Bond - Gov't/Treasury3.71 Cr2.94%
ICICI Bank LtdEquity3.59 Cr2.84%
IRB InvIT Fund Units 2017-Series IVEquity3.27 Cr2.59%
Bank of India Arbitrage Dir GrMutual Fund - Open End2.85 Cr2.26%
NTPC LtdEquity2.69 Cr2.13%
UltraTech Cement LtdEquity2.38 Cr1.88%
ITC LtdEquity2.35 Cr1.85%
Adani Ports & Special Economic Zone LtdEquity2.3 Cr1.82%
Bharti Airtel LtdEquity2.2 Cr1.74%
India Grid Trust Units Series - IVEquity2.02 Cr1.60%
Tata Capital Housing Finance Ltd. 7.8%Bond - Corporate Bond1.98 Cr1.57%
Tata Consultancy Services LtdEquity1.94 Cr1.54%
Reliance Jio Infocomm LimitedBond - Corporate Bond1.93 Cr1.53%
Coal India LtdEquity1.93 Cr1.53%
Infosys LtdEquity1.9 Cr1.50%
Axis Bank LtdEquity1.79 Cr1.42%
Jio Financial Services LtdEquity1.79 Cr1.42%
Tata Steel LtdEquity1.71 Cr1.35%
DLF LtdEquity1.6 Cr1.26%
Asian Paints LtdEquity1.51 Cr1.19%
Tata Power Co LtdEquity1.47 Cr1.16%
Mahindra & Mahindra LtdEquity1.47 Cr1.16%
Titan Co LtdEquity1.46 Cr1.15%
Hero MotoCorp LtdEquity1.33 Cr1.05%
Sun Pharmaceuticals Industries LtdEquity1.31 Cr1.04%
Hindalco Industries LtdEquity1.22 Cr0.97%
Adani Enterprises LtdEquity1.21 Cr0.95%
Eicher Motors LtdEquity1.19 Cr0.94%
HCL Technologies LtdEquity1.18 Cr0.93%
Kotak Mahindra Bank LtdEquity1.18 Cr0.93%
Power Grid Corp Of India LtdEquity1.17 Cr0.93%
Bajaj Finance LtdEquity1.16 Cr0.92%
Tata Motors LtdEquity1.11 Cr0.88%
364 DTB 11072024Bond - Gov't/Treasury0.99 Cr0.78%
Power Grid Corporation Of India LimitedBond - Corporate Bond0.99 Cr0.78%
Hindustan Unilever LtdEquity0.98 Cr0.77%
Oil & Natural Gas Corp LtdEquity0.93 Cr0.73%
Bank of BarodaEquity0.92 Cr0.73%
JSW Steel LtdEquity0.88 Cr0.70%
Maruti Suzuki India LtdEquity0.87 Cr0.69%
Bajaj Auto LtdEquity0.75 Cr0.59%
IndusInd Bank LtdEquity0.73 Cr0.58%
GAIL (India) LtdEquity0.72 Cr0.57%
Bajaj Finserv LtdEquity0.59 Cr0.47%
Nestle India LtdEquity0.57 Cr0.45%
Grasim Industries LtdEquity0.57 Cr0.45%
Tech Mahindra LtdEquity0.5 Cr0.40%
Cipla LtdEquity0.5 Cr0.39%
Dr Reddy's Laboratories LtdEquity0.49 Cr0.39%
Apollo Hospitals Enterprise LtdEquity0.48 Cr0.38%
Wipro LtdEquity0.42 Cr0.34%
SBI Life Insurance Company LimitedEquity0.4 Cr0.32%
Britannia Industries LtdEquity0.4 Cr0.32%
Divi's Laboratories LtdEquity0.39 Cr0.31%
Bharat Petroleum Corp LtdEquity0.39 Cr0.31%
HDFC Life Insurance Company LimitedEquity0.34 Cr0.27%
Tata Consumer Products LtdEquity0.32 Cr0.25%
LTIMindtree LtdEquity0.28 Cr0.22%
Shriram Finance LtdEquity0.26 Cr0.20%
Net Receivables / (Payables)Cash0.13 Cr0.11%
Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.0.50)Equity0.01 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

70.00%

Mid Cap Stocks

2.74%

Small Cap Stocks

2.59%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services24.49 Cr19.37%
Industrials15.28 Cr12.08%
Energy12.71 Cr10.05%
Basic Materials8.27 Cr6.54%
Consumer Cyclical8.18 Cr6.47%
Utilities8.07 Cr6.38%
Technology6.22 Cr4.92%
Consumer Defensive4.61 Cr3.65%
Healthcare3.17 Cr2.51%
Communication Services2.2 Cr1.74%
Real Estate1.6 Cr1.26%

Risk & Performance Ratios

Standard Deviation

This fund

11.45%

Cat. avg.

7.32%

Lower the better

Sharpe Ratio

This fund

0.77

Cat. avg.

0.83

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.62

Higher the better

Fund Managers

AS

Alok Singh

Since December 2021

Additional Scheme Detailsas of 30th April 2024

ISININF761K01BR9Expense Ratio2.43%Exit Load1.00%Fund Size₹126 CrAge14 Mar 2014Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Composite Debt Index TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1247.43 Cr30.1%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1247.43 Cr31.7%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹1046.84 Cr63.2%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.1%1.0%₹1046.84 Cr60.6%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹2228.68 Cr20.5%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2228.68 Cr18.9%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹738.59 Cr28.5%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹738.59 Cr30.7%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr22.7%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1570.06 Cr21.0%

About the AMC

Total AUM

₹7,443 Cr

Address

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

Other Funds by BOI Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bank of India Midcap Tax Fund Series 1 Direct Growth

Very High Risk

-0.0%₹66.24 Cr48.0%
Bank of India Midcap Tax Fund Series 2 Direct Growth

Very High Risk

-0.0%₹34.99 Cr48.8%
Bank of India Mid & Small Cap Equity & Debt Direct Growth

Very High Risk

1.2%1.0%₹754.01 Cr51.8%
Bank of India Conservative Hybrid Fund Direct Growth

Moderately High risk

1.4%1.0%₹72.17 Cr14.0%
Bank of India Balanced Advantage Fund Direct Growth

Very High Risk

1.4%1.0%₹126.44 Cr26.9%
Bank of India Multi Cap Fund Direct Growth

Very High Risk

1.4%1.0%₹498.08 Cr51.9%
Bank of India Bluechip Fund Direct Growth

Very High Risk

1.3%1.0%₹144.86 Cr45.8%
Bank of India Flexi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹991.78 Cr66.2%
Bank of India Large & Mid Cap Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹319.00 Cr46.2%
Bank of India Liquid Direct Growth

Low to Moderate Risk

0.1%0.0%₹1654.60 Cr7.4%
Bank of India S/T Income Direct Growth

Moderate Risk

0.5%0.0%₹78.80 Cr6.6%
Bank of India Manufacturing and Infrastructure fund Direct Growth

Very High Risk

0.9%1.0%₹338.69 Cr65.4%
Bank of India Tax Advantage Fund Direct Growth

Very High Risk

1.0%0.0%₹1326.57 Cr57.7%
Bank of India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.7%0.0%₹144.21 Cr6.8%
Bank of India Credit Risk Fund Direct Growth

Moderately High risk

1.2%4.0%₹129.09 Cr6.7%
Bank of India Small Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1079.65 Cr52.8%
Bank of India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹70.61 Cr6.9%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹31.24 Cr7.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Bank of India Balanced Advantage Fund Regular Growth, as of 11-Jun-2024, is ₹24.39.
The fund has generated 25.75% over the last 1 year and 15.12% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 77.13% in equities, 5.38% in bonds, and 17.49% in cash and cash equivalents.
The fund managers responsible for Bank of India Balanced Advantage Fund Regular Growth are:-
  1. Alok Singh