- Mutual Funds
- Bank of India Mutual Fund
- Bank of India Balanced Advantage Fund (G)
Bank of India Balanced Advantage Fund (G)
₹ 25.0751
NAV (Oct 15)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 25.0751
NAV (Oct 15)
Fund Returns
Last 1Y | 22.4% |
Last 3Y | 14.6% |
Last 5Y | 12.4% |
Last 10Y | 8.3% |
Since Inception | 9.1% |
6 Month CAGR | 6.1% |
Scheme Information
The scheme aims at providing long term capital appreciation / income from a dynamic mix of equity and debt investments.
Expense Ratio | 2.47 |
Launched (0y ago) | 2.47 |
AUM in Crores | 137.4 |
ISIN | INF761K01BR9 |
Lock-in | - |
Benchmark | NIFTY 50 Hybrid Composite debt 50:50 Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 11.5 |
Beta | 0.8 |
Sharpe Ratio | 0.9 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Bank of India Balanced Advantage Fund (G) | 9,95,880 | 2,63,268 | 12.4% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
HDFC Bank Ltd.
6.5%Reliance Industries Ltd.
6.3%Bajaj Finance Ltd.
5%Others
4.4%State Bank of India
4.2%Allocation by Sector
Financial
21.9%Energy
12.4%Technology
5.6%Materials
5.6%Automobile
5.2%Comparison with Hybrid Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 50,495 cr | ||
₹ 3,342 cr | ||
₹ 5,410 cr | ||
₹ 12,689 cr | ||
₹ 24,796 cr |
About the AMC
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
26.7% | 12.9% | ||
17.8% | 18% | ||
17.4% | 20% | ||
22.6% | 31.9% | ||
39.3% | 1.6% |
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 9.092% over a period of 10 years. The fund is managed by Bank of India Mutual Fund. The fund manager’s name is Alok Singh.
Nav of Bank of India Balanced Advantage Fund (G) as of 10/15/2024 is ₹25.08 with the total AUM as of 10/16/2024 is ₹137.4361. 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 2014-03-14. The category risk of the fund is Above Average.
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)?
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, it is a 1 fund. You can invest in it 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 2.47% for regular plan.
What is the NAV of Bank of India Balanced Advantage Fund (G)?
Today's Bank of India Balanced Advantage Fund (G) NAV is ₹25.08.