Formerly BOI AXA Balanced Advantage Reg IDCW-P
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.
The performance of the fund on a Fund Size metric has been Poor
The performance of the fund on a Outperformance Consistency metric has been Poor
NAV (Sep 22)
6 Month CAGR
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.
Launched (9y ago)
Mar 14, 2014
AUM in Crores
Nifty Composite Debt Index TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Bank of India Balanced Advantage fund (Dividend Payout - Quarterly)||8,61,233||1,28,621||6.7%|
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.
hdfc bank ltd8.1%
reliance industries ltd7.8%
state bank of india4%
icici bank ltd3.8%
|Fund Name||Fund Size||Rolling Returns|
₹ 9,394 cr
₹ 25,274 cr
₹ 1,335 cr
₹ 978 cr
₹ 2,901 cr
Bank of India Investment Managers Private Limited
|Fund Name||Scripbox Opinion||Till Date CAGR|
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 7% over a period of 9 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 9/22/2023 is ₹14.29 with the total AUM as of 9/23/2023 is ₹101.551. 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.
What is Bank of India Balanced Advantage fund (D-Q)?
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 2.47% for regular plan.