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  • BOI AXA Mutual Funds
  • Bank of India Balanced Advantage fund (Growth)

Formerly BOI AXA Balanced Advantage Reg Gr

BOI AXA Mutual Funds

Bank of India Balanced Advantage fund (Growth)

HybridDynamic Asset Allocation Or Balanced Advantage

17.7903

NAV (Sep 28)

4.1%
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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

₹ 81 Cr

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

View all 7 analysis

View Less

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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

17.7903

NAV (Sep 28)

Fund Returns

Last 1Y

8.4%

Last 3Y

8.4%

Last 5Y

4.1%

Last 10Y

NA

Since Inception

7.1%

6 Month CAGR

10.5%

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

2.72

Launched (8y ago)

Mar 14, 2014

AUM in Crores

81.143

ISIN

INF761K01BR9

Lock-in

No Lock-in

Benchmark

Nifty Composite Debt Index TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Alok Singh

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2022-09-28

Top Stock Holdings

reliance industries ltd

8%
8%

icici bank ltd

6.3%
6.3%

hdfc bank ltd

5.2%
5.2%

net receivables / (payables)

4.2%
4.2%

state bank of india

3.8%
3.8%
See all holdings

Allocation by Sector

financial services

24.6%
24.6%

basic materials

10.4%
10.4%

energy

9.9%
9.9%

utilities

8%
8%

industrials

7%
7%
See all sectors

Compare Bank of India Balanced Advantage fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Equity & Debt Fund (G)
ICICI Prudential Equity & Debt Fund (G)

₹ 20,359 cr

₹ 3,320 cr

₹ 390 cr

₹ 2,749 cr

₹ 583 cr

About the AMC

BOI AXA Investment Mngrs Private Ltd

Bank of India Investment Managers Private Limited manages assets worth 3,103 crores and was set up on 12 April 2007. It's current offering of mutual fund schemes includes 29 equity,28 debt and 25 hybrid funds.

amc-img

  • 022-40479000
  • service@boiaxa-im.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    23%

    18.8%

    22.4%

    18.2%

    21.8%

    17.9%

    22.5%

    18.2%

    22.5%

    18.2%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    Bank of India Balanced Advantage fund (G) Review

    Bank of India Balanced Advantage fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 7.1% over a period of 8 years. The fund was previously known as BOI AXA Balanced Advantage Reg Gr. 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 (G) as of 9/28/2022 is ₹17.79 with the total AUM as of 9/29/2022 is ₹81.143. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bank of India Balanced Advantage fund (G) 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 (G) 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 (G)?

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

    How to invest in Bank of India Balanced Advantage fund (G)?

    You can invest in Bank of India Balanced Advantage fund (G) 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 (G)?

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

    Is Bank of India Balanced Advantage fund (G) good to invest in?

    As per Scripbox experts, Bank of India Balanced Advantage fund (G) is a Not Recommended fund. You can investBank of India Balanced Advantage fund (G) 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 (G)?

    The expense ratio of the Bank of India Balanced Advantage fund (G) is 2.72% for regular plan.