Bank of India Balanced Advantage Fund – Direct Growth

₹ 1,000
Min SIP
₹ 5,000
Min Lumpsum
1.4 %
Expense Ratio
★★
Rating
133
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 15 July 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 26.6% 17.3% 13.7% 10%
Category Average 19.6% 13.9% 14.6% -

Scheme Allocation

By Holding
By Sector
By Asset
5.93%
Others
75.86%
View all Holdings
Holdings Sector Instrument Asset
Reliance Industr Refineries Equity 6.77%
HDFC Bank Banks Equity 5.93%
St Bk of India Banks Equity 4.07%
Hind.Aeronautics Aerospace & Defence Equity 3.94%
Larsen & Toubro Infrastructure Developers & Operators Equity 3.43%
ICICI Bank Banks Equity 3.06%
Kotak Mah. Bank Banks Equity 2.57%
UltraTech Cem. Cement Equity 2.54%
IRB InvIT Fund Infrastructure Investment Trusts Equity 2.45%
NTPC Power Generation & Distribution Equity 2.13%
Adani Ports Marine Port & Services Equity 1.77%
ITC Tobacco Products Equity 1.75%
Bharti Airtel Telecomm-Service Equity 1.74%
Infosys IT - Software Equity 1.58%
TCS IT - Software Equity 1.55%
India Grid Trust Infrastructure Investment Trusts Equity 1.53%
Axis Bank Banks Equity 1.46%
Jio Financial Finance Equity 1.4%
Coal India Mining & Mineral products Equity 1.39%
Tata Steel Steel Equity 1.33%
M & M Automobile Equity 1.26%
DLF Realty Equity 1.21%
Titan Company Diamond, Gems and Jewellery Equity 1.15%
Asian Paints Paints/Varnish Equity 1.14%
Tata Power Co. Power Generation & Distribution Equity 1.11%
Hero Motocorp Automobile Equity 1.09%
Sun Pharma.Inds. Pharmaceuticals Equity 1.03%
HCL Technologies IT - Software Equity 0.97%
Power Grid Corpn Power Generation & Distribution Equity 0.94%
Hindalco Inds. Non Ferrous Metals Equity 0.92%
Bajaj Finance Finance Equity 0.92%
Tata Motors Automobile Equity 0.89%
Eicher Motors Automobile Equity 0.88%
Adani Enterp. Trading Equity 0.84%
Hind. Unilever FMCG Equity 0.78%
O N G C Crude Oil & Natural Gas Equity 0.72%
Bank of Baroda Banks Equity 0.72%
JSW Steel Steel Equity 0.7%
Maruti Suzuki Automobile Equity 0.63%
Bajaj Auto Automobile Equity 0.59%
GAIL (India) Gas Distribution Equity 0.58%
IndusInd Bank Banks Equity 0.55%
Grasim Inds Textiles Equity 0.49%
Bajaj Finserv Finance Equity 0.46%
Nestle India FMCG Equity 0.46%
Tech Mahindra IT - Software Equity 0.44%
Dr Reddy's Labs Pharmaceuticals Equity 0.4%
Cipla Pharmaceuticals Equity 0.38%
Apollo Hospitals Healthcare Equity 0.38%
Wipro IT - Software Equity 0.37%
Britannia Inds. FMCG Equity 0.32%
Divi's Lab. Pharmaceuticals Equity 0.32%
SBI Life Insuran Insurance Equity 0.32%
HDFC Life Insur. Insurance Equity 0.28%
B P C L Refineries Equity 0.28%
Tata Consumer Plantation & Plantation Products Equity 0.25%
LTIMindtree IT - Software Equity 0.24%
Shriram Finance Finance Equity 0.24%
Grasim Inds PP Textiles Equity 0.01%
Debt
22.66%
Banks
15.79%
Petroleum Products
6.84%
Power
5.82%
Automobiles
5.31%
Others
43.58%
View all Sectors
Sectors Asset
Debt 22.66%
Banks 15.79%
Petroleum Products 6.84%
Power 5.82%
Automobiles 5.31%
IT-Software 4.93%
Transport Infrastructure 4.41%
Aerospace & Defense 3.93%
Construction 3.74%
Finance 3.01%
Diversified FMCG 2.62%
Cement & Cement Products 2.34%
Consumer Durables 2.34%
Others 2.26%
Pharmaceuticals & Biotech 2.13%
Ferrous Metals 2.05%
Telecom-Services 1.74%
Consumable Fuels 1.53%
Realty 1.26%
Non-Ferrous Metals 0.97%
Metals & Minerals Trading 0.95%
Food Products 0.77%
Oil 0.73%
Insurance 0.59%
Gas 0.57%
Healthcare Services 0.38%
Agricultural Food & other 0.25%
Cash & Others 0.08%
Equity
77.65%
Corporate Debentures
7.43%
Commercial Paper
5.17%
Reverse Repos
2.81%
Govt Securities / Sovereign
2.78%
Others
4.16%
View all Assets
Assets Asset
Equity 77.65%
Corporate Debentures 7.43%
Commercial Paper 5.17%
Reverse Repos 2.81%
Govt Securities / Sovereign 2.78%
Mutual Funds Units 2.15%
Net Curr Ass/Net Receivables 1.26%
T-Bills 0.75%

Advance Ratio

4.23
Alpha
3.31
SD
0.71
Beta
0.73
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 Growth ?

You can invest in Bank of India Balanced Advantage Fund – Direct Growth 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 Growth 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 Growth ?

The NAV of Bank of India Balanced Advantage Fund – Direct Growth is ₹26.9 as of 15 July 2024.

How to redeem Bank of India Balanced Advantage Fund – Direct Growth 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 Growth?

The minimum SIP amount of Bank of India Balanced Advantage Fund – Direct Growth is ₹1000

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

The top sectors Bank of India Balanced Advantage Fund – Direct Growth has invested in are
  1. Debt - 22.66%
  2. Banks - 15.79%
  3. Petroleum Products - 6.84%
  4. Power - 5.82%
  5. Automobiles - 5.31%

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

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

How much returns have Bank of India Balanced Advantage Fund – Direct Growth generated ?

The Bank of India Balanced Advantage Fund – Direct Growth has delivered 10% since inception

What is the expense ratio of Bank of India Balanced Advantage Fund – Direct Growth ?

The expense ratio of Bank of India Balanced Advantage Fund – Direct Growth is 1.4 % as of 15 July 2024.

What is the AUM of Bank of India Balanced Advantage Fund – Direct Growth?

The AUM of Bank of India Balanced Advantage Fund – Direct Growth is ₹7,950 Cr as of 15 July 2024

What are the top stock holdings of Bank of India Balanced Advantage Fund – Direct Growth?

The top stock holdings of Bank of India Balanced Advantage Fund – Direct Growth are
  1. Reliance Industr - 6.77%
  2. HDFC Bank - 5.93%
  3. St Bk of India - 4.07%
  4. Hind.Aeronautics - 3.94%
  5. Larsen & Toubro - 3.43%

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

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 Growth in Scheme, enter the redemption amount, and click on submit button.
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