Data as on 04th feb 2025

Bank Of India BALANCED ADVANTAGE FUND

Investment Objective

The Bank of India Balanced Advantage 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.

Fund Manager

  • Alok Singh

    CFA and PGDBA from ICFAI Business School.

    Alok Singh  
    See detail

Fund Highlights

  • Open-ended dynamic asset allocation fund investing in both equity and debt.
  • Suitable for medium-term deployment of funds -Ideal for those who have an investment horizon of 2+ years.
  • The fund follows a dynamic asset allocation between equity and fixed income based on equity market valuations.
  • The fund can invest between 0-100% in equities and 0-100% in Fixed Income depending on market valuation expectation and trend. Upto 10% of the portfolio can be invested in units of InvITs / REITs
  • Click here for KIM
  • Click here for SID

Riskometer

Scheme Riskometer:

Investor understand that their principal will be at very high risk 

The above Riskometer is based on the portfolio as on 30th June, 2026.

This product is suitable for investors who are seeking*:

  • Long term capital appreciation
  • Dynamic asset allocation between equity and fixed income based on equity market valuations

Benchmark Riskometer : NIFTY 50 Hybrid Composite Debt 50:50 Index (TRI) :

Investor understand that their principal will be at very high risk

*Investor should consult their financial advisor if in doubt about whether the product is suitable for them

Benchmark Riskometer Nifty 50 Hybrid Composite Debt 50:50 Index TRI as on October 31, 2021.

The above Benchmark Riskometer is based on the portfolio as on 30th June, 2026.

Top 10 Portfolio Holdings

Portfolio Details % to Net Assets
TREPS / Reverse Repo Investments 22.8%
Government of India 5.3%
Reliance Industries Limited 4.0%
ICICI Bank Limited 3.7%
IRB InvIT Fund 3.4%
National Bank For Agriculture and Rural Development 3.0%
Small Industries Dev Bank of India 3.0%
HDFC Bank Limited 2.8%
Indian Railway Finance Corporation Limited 2.4%
Adani Ports and Special Economic Zone Limited 2.3%

Credit Profile

52.8%
Equity
22.8%
TREPS
12.9%
F&O
-12.1%
Others*
8.3%
AAA
5.3%
SOV
5%
InvIT
3.2%
AA+
1.8%
AA

Asset Allocation

52.8%
Equity Holdings
13.4%
CORPORATE DEBT
12.9%
FUTURES AND OPTIONS
10.7%
Cash & Other Receivables
5.3%
GOVERNMENT BOND AND TREASURY BILL
5%
INVIT
  • Scheme
  • Benchmark

Fund Performance

Total Expense Ratio

Performance for Regular-Growth Plan

Fund performance: NAV, scheme/benchmark returns, and current value of a standard investment of Rs 10000, by period
Current Value of Standard Investment of Rs 10000 in the
Date NAV Per Unit(Rs.) Scheme Returns(%)^ Benchmark Returns #(%) Additional Benchmark Returns # #(%) Scheme (Rs) Benchmark #(Rs) Additional Benchmark # # (Rs)
1 yrs 24.5424 4.47 % -1.65 % -3.84 % 10447 9835 9616
3 yrs 19.3329 9.88 % 7.81 % 9.54 % 13262 12527 13140
5 yrs 15.9130 10.02 % 7.80 % 9.88 % 16112 14557 16012
10 yrs 12.8632 7.14 % 10.11 % 12.54 % 19932 26193 32593
Since inception 10.0000 8.01 % 10.40 % 12.45 % 25640 33506 41943

^ Past performance may or may not be sustained in the future
# NIFTY 50 Hybrid Composite Debt 50:50 Index TRI
# # Nifty 50 TRI


1. Mr. Alok Singh has been managing this scheme from December 1, 2021. In addition to this, he manages 7 other open-ended schemes and co-manages 2 scheme of Bank of India Mutual Fund.
2. Period for which scheme’s performance has been provided is computed basis on last working day of the Month-end preceding the date of publication.
3. Different plans shall have a different expense structure

IDCW History(Regular Plan- Regular IDCW)

Record Date IDCW (`/Unit)
25-June-2018 0.02449771
25-June-2018 0.02449722
29-July-2021 0.40000000
29-July-2021 0.40000000
CLICK HERE TO VIEW THE IDCW HISTORY