Bank of India Balanced Advantage Fund – Direct (IDCW)

1,000
Min SIP
5,000
Min Lumpsum
1.5 %
Expense Ratio
Rating
115
Fund Size (in Cr)
10 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 23 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 27.7% 15.1% 10.3% 9.3%
Category Average 24.3% 15.1% 16.5% -

Scheme Allocation

By Holding
By Sector
By Asset
5.83%
Others
74.84%
View all Holdings
Holdings Sector Instrument Asset
Reliance Industr Refineries Equity 8.37%
HDFC Bank Banks Equity 5.83%
St Bk of India Banks Equity 4.05%
Larsen & Toubro Infrastructure Developers & Operators Equity 3.89%
IRB InvIT Fund Infrastructure Investment Trusts Equity 3.02%
Infosys IT - Software Equity 2.95%
ICICI Bank Banks Equity 2.85%
Hind.Aeronautics Aerospace & Defence Equity 2.6%
Sun Pharma.Inds. Pharmaceuticals Equity 2.59%
Titan Company Diamond, Gems and Jewellery Equity 2.38%
ITC Tobacco Products Equity 2.11%
NTPC Power Generation & Distribution Equity 2.01%
India Grid Trust Infrastructure Investment Trusts Equity 1.78%
UltraTech Cem. Cement Equity 1.76%
TCS IT - Software Equity 1.75%
Adani Ports Marine Port & Services Equity 1.68%
Kotak Mah. Bank Banks Equity 1.65%
Bank of Baroda Banks Equity 1.63%
Bharti Airtel Telecomm-Service Equity 1.63%
DLF Realty Equity 1.6%
Axis Bank Banks Equity 1.43%
Coal India Mining & Mineral products Equity 1.38%
Tata Steel Steel Equity 1.36%
Asian Paints Paints/Varnish Equity 1.34%
Tata Power Co. Power Generation & Distribution Equity 1.22%
HCL Technologies IT - Software Equity 1.11%
Tata Motors Automobile Equity 1.07%
Hero Motocorp Automobile Equity 1.04%
Bajaj Finance Finance Equity 1.03%
Jio Financial Finance Equity 0.97%
Adani Enterp. Trading Equity 0.96%
O N G C Crude Oil & Natural Gas Equity 0.93%
Hind. Unilever FMCG Equity 0.9%
Hindalco Inds. Non Ferrous Metals Equity 0.89%
Power Grid Corpn Power Generation & Distribution Equity 0.85%
M & M Automobile Equity 0.84%
JSW Steel Steel Equity 0.71%
Maruti Suzuki Automobile Equity 0.71%
IndusInd Bank Banks Equity 0.57%
Bajaj Auto Automobile Equity 0.55%
Bajaj Finserv Finance Equity 0.55%
Nestle India FMCG Equity 0.53%
GAIL (India) Gas Distribution Equity 0.52%
Tech Mahindra IT - Software Equity 0.47%
Grasim Inds Textiles Equity 0.46%
Apollo Hospitals Healthcare Equity 0.45%
Dr Reddy's Labs Pharmaceuticals Equity 0.45%
Cipla Pharmaceuticals Equity 0.4%
Wipro IT - Software Equity 0.4%
Eicher Motors Automobile Equity 0.37%
SBI Life Insuran Insurance Equity 0.35%
Britannia Inds. FMCG Equity 0.35%
HDFC Life Insur. Insurance Equity 0.31%
Divi's Lab. Pharmaceuticals Equity 0.29%
Tata Consumer Plantation & Plantation Products Equity 0.29%
LTIMindtree IT - Software Equity 0.28%
B P C L Refineries Equity 0.27%
UPL Agro Chemicals Equity 0.17%
Grasim Inds PP Textiles Equity 0.01%
Banks
18.01%
Debt
11.76%
Petroleum Products
8.64%
IT-Software
6.96%
Power
5.86%
Others
48.77%
View all Sectors
Sectors Asset
Banks 18.01%
Debt 11.76%
Petroleum Products 8.64%
IT-Software 6.96%
Power 5.86%
Transport Infrastructure 4.7%
Automobiles 4.58%
Construction 3.89%
Pharmaceuticals & Biotech 3.73%
Consumer Durables 3.72%
Diversified FMCG 3.01%
Cash & Others 2.91%
Aerospace & Defense 2.6%
Finance 2.55%
Others 2.42%
Cement & Cement Products 2.23%
Ferrous Metals 2.07%
Telecom-Services 1.63%
Realty 1.6%
Consumable Fuels 1.38%
Metals & Minerals Trading 0.96%
Oil 0.93%
Non-Ferrous Metals 0.89%
Food Products 0.88%
Insurance 0.66%
Gas 0.52%
Healthcare Services 0.45%
Agricultural Food & other 0.29%
Fertilisers & Agrochemica 0.17%
Equity
82.9%
Reverse Repos
5.2%
Govt Securities / Sovereign
3.2%
Net Curr Ass/Net Receivables
2.91%
Corporate Debentures
2.52%
Others
3.27%
View all Assets
Assets Asset
Equity 82.9%
Reverse Repos 5.2%
Govt Securities / Sovereign 3.2%
Net Curr Ass/Net Receivables 2.91%
Corporate Debentures 2.52%
Mutual Funds Units 2.42%
T-Bills 0.84%

Advance Ratio

1.85
Alpha
3.32
SD
0.65
Beta
0.65
Sharpe

Exit Load

Exit Load For redemption/ switch ou 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

Fund Objective

BOI AXA Balanced Advantage 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.

Fund Managers

Alok Singh - Fund Manager

Mr Singh graduated from ICFAI Business School with a CFA and PGDBA. He has held positions at BNP Paribas Asset Management and Axis Bank before joining Bank of India AMC. He has around 20 years of experience, including 16 years in the mutual fund industry.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Address:
B/204, Tower 1,Peninsula Corporate Park, Ganpatrao kadam marg, Lower Parel, Mumbai - 400013
Contact:
022 - 61249000
Email ID:
service@boimf.in

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Frequently Asked Questions

How to invest in Bank of India Balanced Advantage Fund – Direct (IDCW) ?

You can invest in Bank of India Balanced Advantage Fund – Direct (IDCW) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Bank of India Balanced Advantage Fund – Direct (IDCW) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Bank of India Balanced Advantage Fund – Direct (IDCW) ?

The NAV of Bank of India Balanced Advantage Fund – Direct (IDCW) is ₹15 as of 23 February 2024.

How to redeem Bank of India Balanced Advantage Fund – Direct (IDCW) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Bank of India Balanced Advantage Fund – Direct (IDCW)?

The minimum SIP amount of Bank of India Balanced Advantage Fund – Direct (IDCW) is ₹1000

What are the top sectors Bank of India Balanced Advantage Fund – Direct (IDCW) has invested in?

The top sectors Bank of India Balanced Advantage Fund – Direct (IDCW) has invested in are
  1. Banks - 18.01%
  2. Debt - 11.76%
  3. Petroleum Products - 8.64%
  4. IT-Software - 6.96%
  5. Power - 5.86%

Can I make investments in both the SIP and Lump Sum schemes of Bank of India Balanced Advantage Fund – Direct (IDCW)?

Yes, You can select both SIP or Lumpsum investment of Bank of India Balanced Advantage Fund – Direct (IDCW) based on your investment objective and risk tolerance.

How much returns have Bank of India Balanced Advantage Fund – Direct (IDCW) generated ?

The Bank of India Balanced Advantage Fund – Direct (IDCW) has delivered 9.3% since inception

What is the expense ratio of Bank of India Balanced Advantage Fund – Direct (IDCW) ?

The expense ratio of Bank of India Balanced Advantage Fund – Direct (IDCW) is 1.5 % as of 23 February 2024.

What is the AUM of Bank of India Balanced Advantage Fund – Direct (IDCW)?

The AUM of Bank of India Balanced Advantage Fund – Direct (IDCW) is ₹5,788 Cr as of 23 February 2024

What are the top stock holdings of Bank of India Balanced Advantage Fund – Direct (IDCW)?

The top stock holdings of Bank of India Balanced Advantage Fund – Direct (IDCW) are
  1. Reliance Industr - 8.37%
  2. HDFC Bank - 5.83%
  3. St Bk of India - 4.05%
  4. Larsen & Toubro - 3.89%
  5. IRB InvIT Fund - 3.02%

How can I redeem my investments in Bank of India Balanced Advantage Fund – Direct (IDCW)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Bank of India Balanced Advantage Fund – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.
Invest Now