Bank of India Balanced Advantage Fund - Direct (IDCW)
Dynamic Asset Allocation or Balanced AdvantageNAV
17.26(0.23%)Fund Size (CR)
₹156.03Expense Ratio
1.46Scheme Type
Active FundValue Research
-
Min. investment
₹5,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹1,000Minimum Withdrawal
₹1,000Exit Load
1%Return Since Launch
8.65%
Basic Details
Scheme Manager
Alok Singh
Bench Mark
Nifty 50 Hybrid Composite Debt 50:50 Index
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | June 25, 2026 | 10077.16 | 0.77% | - | 0.63% | 55/151 |
| 1 Month | June 3, 2026 | 10290.77 | 2.91% | - | 3.14% | 111/151 |
| 3 Month | April 2, 2026 | 10584.01 | 5.84% | - | 7.18% | 121/151 |
| 6 Month | January 2, 2026 | 10092.21 | 0.92% | - | -1.08% | 17/147 |
| 1 Year | July 3, 2025 | 10553.81 | 5.54% | 5.54% | 1.49% | 9/147 |
| 3 Year | July 3, 2023 | 13500.26 | 35.00% | 10.51% | 10.35% | 61/121 |
| 5 Year | July 2, 2021 | 17108.23 | 71.08% | 11.32% | 9.43% | 13/91 |
| Since Inception | March 14, 2014 | 27778.80 | 177.79% | 8.65% | 9.33% | 95/151 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | August 1, 2025 | 1,20,000 | 200425.29 | 67.02% | 67.02% |
| 3 Year | July 3, 2023 | 3,70,000 | 667676.30 | 80.45% | 21.75% |
| 5 Year | August 2, 2021 | 6,00,000 | 1237691.83 | 106.28% | 15.58% |
| 10 Year | August 1, 2016 | 12,00,000 | 2759735.37 | 129.98% | 8.68% |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Risk Ratios
2.83%
Standard Deviation
0.67%
Beta
0.55%
Sharpe Ratio
0.01%
Treynor's Ratio
4.51%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| Reliance Industr | 4.45% | 52573 | 6.95 | Equity | Refineries |
| IRB InvIT Fund | 3.73% | 962161 | 5.82 | Equity | Infrastructure Investment Trusts |
| ICICI Bank | 3.70% | 46000 | 5.78 | Equity | Banks |
| HDFC Bank | 2.88% | 60400 | 4.50 | Equity | Banks |
| Adani Ports | 2.44% | 21067 | 3.80 | Equity | Marine Port & Services |
| Bharti Airtel | 2.40% | 20439 | 3.74 | Equity | Telecom-Service |
| SBI | 2.04% | 33003 | 3.18 | Equity | Banks |
| Shriram Finance | 2.02% | 33242 | 3.15 | Equity | Finance |
| NTPC | 1.96% | 79207 | 3.06 | Equity | Power Generation & Distribution |
| ITC | 1.77% | 96000 | 2.75 | Equity | Tobacco Products |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Bank of India Balanced Advantage Fund - Direct (IDCW) | 156.03 | 2.91% | 5.84% | 0.92% | 5.54% | 10.51% | |
| Unifi Dynamic Asset Allocation Fund - Direct (G) | 1242.98 | 1.37% | 2.60% | 4.18% | 8.12% | - | |
| DSP Dynamic Asset Allocation Fund -Dir (G) | 3664.90 | 3.66% | 6.72% | 1.37% | 6.11% | 12.12% | |
| ICICI Pru Balanced Advantage Fund - Dir (IDCW) | 70569.60 | 4.13% | 7.55% | 0.20% | 6.01% | 12.61% | |
| ICICI Pru Balanced Advantage Fund - Dir (IDCW-M) | 70569.60 | 4.11% | 7.59% | 0.21% | 6.00% | 12.74% | |
| ICICI Pru Balanced Advantage Fund - Dir (G) | 70569.60 | 4.12% | 7.57% | 0.21% | 5.98% | 12.61% |
List of Schemes under Bank of India Mutual Fund
News
Bank of India Mid & Small Cap Equity & Debt Fund announces Income Distribution cum capital withdrawal (IDCW)
Bank of India Mutual Fund has announced 29 June 2026 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under the IDCW option of Bank of India Mid & Small Cap Equity & Debt Fund. The amount of IDCW on the face value of Rs 10 per unit will be:Regular Plan ' IDCW Option: Rs 0.26
Direct Plan ' IDCW Option: Rs 0.27
Powered by Capital Market - Live News
Bank of India Mutual Fund announces change in Exit Load Structure
Bank of India Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from June 19, 2026.Change in Exit Load:
Name of the Scheme Existing Exit Load Revised Exit Load Bank of India Credit Risk Fund: 4% if redeemed within 12 months from the date of allotment 3% if redeemed after 12 months but within 24 months from the date of allotment.
2% if redeemed after 24 months but within 36 months from the date of allotment.
Nil if redeemed after 36 months from the date of allotment.
3% if redeemed within 24 months from the date of allotment 2% if redeemed after 24 months but within 36 months from the date of allotment
Nil if redeemed after 36 months from the date of allotment
Powered by Capital Market - Live News
Bank of India Mutual Fund has announced change in the fundamental attributes of its Bank of India Multi Asset Allocation Fund.
Bank of India Mutual Fund has announced change in the fundamental attributes of its Bank of India Multi Asset Allocation Fund. These changes are effective from June 01, 2026.The scheme seeks to seek long term capital growth by predominantly investing in equity and equity related securities, debt & money market instruments and Gold ETF/Silver ETF.
As per the updated asset allocation, the fund will now invest 10 - 80 per cent in Equity and equity related instruments, 10 ' 80 per cent in debt & money market instruments, 10 ' 50 per cent in Gold ETF/Silver ETF and 0 ' 10 per cent of its assets in units issued by INVITs.
Fund House Details & Investment Objective
Date of Incorporation
February 21, 2014
Total AUM (Cr)
₹156.03
Bank of India Balanced Advantage Fund - Direct (IDCW) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, Bank of India Mutual Fund. Launched in February 21, 2014, this fund is managed by Alok Singh. With assets under management (AUM) worth ₹156.03 (Cr), as of July 3, 2026, Bank of India Balanced Advantage Fund - Direct (IDCW) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 8.65% since its launch.
The current NAV of Bank of India Balanced Advantage Fund - Direct (IDCW) is ₹17.26, as on July 3, 2026. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in Bank of India Balanced Advantage Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 10.51% and 11.32% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 62.38% in Equity, 35.57% in Debt and 2.05% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 21.73% in Debt, 12.21% in Banks, 8.34% in Others, 6.13% in Transport Infrastructure, 5.05% in Petroleum Products
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon
Equity Funds
Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors