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  • Bank of India Balanced Advantage fund (Dividend Payout - Quarterly)

Formerly BOI AXA Balanced Advantage Reg IDCW-P

BOI Mutual Funds

Bank of India Balanced Advantage fund (Dividend Payout - Quarterly)

HybridDynamic Asset Allocation Or Balanced Advantage

17.0743

NAV (Jun 12)

10.1%
5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in dynamic asset allocation or balanced advantage mutual funds.

Dynamic asset allocation or balanced advantage funds provides varying combinations of equity & debt and is suitable for investment objectives with duration specific to the fund category.

Dynamic Asset Allocation funds change their exposure to debt and equity dynamically - taking a call on market valuation & conditions.

This makes their performance difficult to assess.

With a high Equity component, the impact of market fluctuations on these funds is high.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Outperformance Consistency

Poor

The performance of the fund on a Outperformance Consistency metric has been Poor

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

17.0743

NAV (Jun 12)

Fund Returns

Last 1Y
26%
Last 3Y
15.2%
Last 5Y
10.1%
Last 10Y
8.3%
Since Inception
9.1%
6 Month CAGR
12.8%

Scheme Information

Investment Objective

The 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.

Expense Ratio
2.43
Launched (10y ago)
Mar 14, 2014
AUM in Crores
125.965
ISIN
INF761K01BP3
Lock-in
No Lock-in
Benchmark
Nifty Composite Debt Index TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
11.5
Standard Deviation (5yr)
11.6
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.767
Sharpe Ratio (5yr)
0.415
YTM
7.09
Fund Managers

Alok Singh

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Bank of India Balanced Advantage fund (Dividend Payout - Quarterly)70%9,37,888 2,05,27610.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-12

Top Stock Holdings

treps

11.1%
11.1%

reliance industries ltd

6.5%
6.5%

hdfc bank ltd

5.1%
5.1%

state bank of india

4.2%
4.2%

national bank for agriculture and rural development 7.68%

4%
4%
See all holdings

Allocation by Sector

financial services

19.4%
19.4%

industrials

12.1%
12.1%

energy

10.1%
10.1%

basic materials

6.5%
6.5%

consumer cyclical

6.5%
6.5%
See all sectors

Comparison with Hybrid Funds

Fund NameFund SizeRolling Returns
Edelweiss Balanced Advantage Fund (G)
Edelweiss Balanced Advantage Fund (G)

₹ 11,135 cr

₹ 35,122 cr

₹ 9,275 cr

₹ 3,146 cr

₹ 2,114 cr

amc-img

About the AMC

Bank of India Investment Managers Private Limited

Bank of India Investment Managers Private Limited manages assets worth 7,956 crores and was set up on 13 August 2007. It's current offering of mutual fund schemes includes 32 equity,35 debt and 18 hybrid funds.amc-img
phone-img22-6124-9000
Fund NameScripbox Opinion
Till Date CAGR

23.9%

20.8%

23.6%

20.2%

30%

12.7%

22.6%

17.8%

23.8%

20.3%

Bank of India Balanced Advantage fund (D-Q) Review

Bank of India Balanced Advantage fund (D-Q) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 8.3% over a period of 10 years. The fund was previously known as BOI AXA Balanced Advantage Reg IDCW-P. The fund is managed by Bank of India Investment Managers Private Limited. The fund manager’s name is Alok Singh.

Nav of Bank of India Balanced Advantage fund (D-Q) as of 6/12/2024 is ₹17.07 with the total AUM as of 6/13/2024 is ₹125.965. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bank of India Balanced Advantage fund (D-Q) was launched on Mar 14, 2014. The category risk of the fund is Very High Risk.

The minimum SIP amount for Bank of India Balanced Advantage fund (D-Q) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Frequently Asked Questions

What is Bank of India Balanced Advantage fund (D-Q)?

Bank of India Balanced Advantage fund (D-Q) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid scheme predominantly investing across Hybrid instruments with an investment objective to generate wealth over the long term.

How to invest in Bank of India Balanced Advantage fund (D-Q)?

You can invest in Bank of India Balanced Advantage fund (D-Q) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Bank of India Balanced Advantage fund (D-Q)?

The minimum sip amount for Bank of India Balanced Advantage fund (D-Q) is ₹1000. You can invest in multiples of ₹5000.

Is Bank of India Balanced Advantage fund (D-Q) good to invest in?

As per Scripbox experts, Bank of India Balanced Advantage fund (D-Q) is a Not Recommended fund. You can investBank of India Balanced Advantage fund (D-Q) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Bank of India Balanced Advantage fund (D-Q)?

The expense ratio of the Bank of India Balanced Advantage fund (D-Q) is 2.43% for regular plan.