Bank of India Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
12.72%
3Y annualised
+0.65% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Dec 2023₹22.36
Min. SIP amount₹1,000
Rating1
Fund size₹102.16Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns9.2%12.7%8.0%8.6%
Category average12.0%12.0%10.7%NA
Rank with in category271118NA
Understand terms

Holdings (63)

NameSectorInstrumentAssets
EnergyEquity7.4%
FinancialEquity6.9%
FinancialEquity4.0%
ConstructionEquity3.7%
SovereignGOI Sec3.6%
ConstructionInvITs3.5%
FinancialEquity3.3%
TechnologyEquity3.0%
Bank of India Arbitrage Fund Direct - Growth
NAMutual Fund2.7%
Consumer StaplesEquity2.3%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Cons

Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
1Y and 5Y annualised returns lower than category average
3Y annualised returns higher than category average by 0.67%
Higher expense ratio: 1.64%
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 1.64%

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 3 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund house & investment objective

Fund house contact details

Address
B/204-Tower 1,Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
BOI AXA Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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