AS
Alok SinghFund Manager Since 1 Dec 2021
AllocationDynamic Asset Allocation
Bank of India Balanced Advantage Direct Growth
3Y Annualised
13.70%
-0.09% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-1.20%
-0.09% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
5 years 5 months
NIFTY 50
6 years 4 months
FD
9 years 7 months
Fund info
Fund size
₹125.13 Cr
Min. SIP amount
₹1000
Min. Lumpsum amount
₹5000
Exit load
0.01%
For redemption/switch out 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
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Balanced Advantage Fund Quarterly Payout of Inc Dist cum Cap Wdrl
4.56%
2nd
ICICI Prudential Balanced Advantage Fund Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl
4.56%
3rd
ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Payout of Inc Dist cum Cap Wdrl
1.80%
4th
ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl
1.80%
5th
Parag Parikh Dynamic Asset Allocation Fund Direct Growth
0.61%
80th
Bank of India Balanced Advantage Direct Growth
-1.20%
Fund Managers
About Bank of India Balanced Advantage Direct Growth
Bank of India Balanced Advantage Direct Growth is a Allocation mutual fund scheme from Bank of India Investment Managers Private Limited. This fund has been in existence for 11 years, having been launched on 2014-03-14. Bank of India Balanced Advantage Direct Growth has ₹125.13 Cr worth of assets under management (AUM) as of Fri Mar 14 2025. The latest Net Asset Value (NAV) of Bank of India Balanced Advantage Direct Growth as of Thu Mar 13 2025 is ₹24.4743. The fund has an expense ratio of 1.17%, which is medium comparable to most other Allocation funds.
Bank of India Balanced Advantage Direct Growth returns for the last 1 year are -1.68%. Since launch, it has delivered 8.50% average annual returns.
The Bank of India Balanced Advantage Direct Growth has the majority of its money invested in Financial Services, Energy, null, Technology sectors.
Top 5 Holdings of Bank of India Balanced Advantage Direct Growth.
- HDFC Bank Ltd: 6.78%
- Reliance Industries Ltd: 4.51%
- ICICI Bank Ltd: 4.47%
- National Bank For Agriculture And Rural Development: 4.02%
- National Bank for Agriculture and Rural Development 7.68%: 4.02%
AMC Information
| Name | Bank of India Investment Managers Private Limited |
|---|---|
| Founding Date | 2014-03-14 |
| service@boimf.in | |
| Phone | +91 22 40479000 |
| Website | https://www.boimf.in/ |
| Address | Bank of India Investment Managers Private Limited,B/204, Tower 1, Peninsula Corporate Park,,Ganpatrao Kadam Marg,,Lower Parel, Mumba |
Tax Implications of Bank of India Balanced Advantage Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Bank of India Investment Managers Private Limited
Bank of India Manufacturing & Infra Growth
EquityEquity - Infrastructure
3Y CAGR
19.80%
expense ratio
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fund size
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Bank of India Short Term Income Fund Regular Growth
Fixed IncomeShort Duration
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expense ratio
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fund size
₹109.07 Cr
Bank of India Credit Risk Fund Direct Growth
Fixed IncomeCredit Risk
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expense ratio
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Bank of India ELSS Tax Saver Fund Eco Growth
EquityELSS (Tax Savings)
3Y CAGR
14.88%
expense ratio
1.70%
fund size
₹1182.15 Cr
Bank of India Short Term Income Fund Direct Plan Growth
Fixed IncomeShort Duration
3Y CAGR
14.50%
expense ratio
0.45%
fund size
₹109.07 Cr
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