Bank of India Balanced Advantage Fund
Dynamic Asset AllocationVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹26.24+0.29%1 day
- Return since launch
- 7.9%
- 52-week range
- ₹24.56 — ₹26.56
- AUM
- ₹176 Cr
Bank of India Balanced Advantage Fund is a Dynamic Asset Allocation hybrid fund from Bank of India Mutual Fund with ₹176 Cr under management, launched in 2014. Over three years it has returned 4.7% a year, against 9.3% for its category. The expense ratio is 2.67% and the SEBI riskometer reading is Very High.
Performance
Bank of India Balanced Advantage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +2.7% against +2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.7% | +1.7 pts | 2.1% | 6.1% |
| 2Y | 5.0% | +0.3 pts | 4.7% | 4.8% |
| 3Y | 4.7% | −4.5 pts | 9.3% | 5.3% |
| 5Y | 7.8% | −0.3 pts | 8.1% | 8.0% |
| 7Y | 8.9% | −0.8 pts | 9.7% | 9.1% |
| 10Y | 7.9% | −1.5 pts | 9.4% | 9.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.4% | −0.9 pts | 5.3% | 5.3% |
| 3M | -1.1% | −1.5 pts | 0.3% | 0.5% |
| 6M | 1.6% | −2.5 pts | 4.2% | 4.3% |
| 1Y | 3.0% | +0.9 pts | 2.1% | 2.4% |
| 2Y | 3.7% | +0.2 pts | 3.5% | 3.8% |
| 3Y | 8.9% | −0.4 pts | 9.3% | 8.9% |
| 5Y | 9.5% | +1.4 pts | 8.1% | 7.8% |
| 7Y | 9.1% | −1.1 pts | 10.3% | 9.8% |
| 10Y | 6.9% | −2.5 pts | 9.4% | 9.1% |
Since launch (21 Feb 2014): 7.9%
Calendar-year returns
Category average6.7%
7.2%
15.7%
18.4%
6.4%
8.5%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.5% | +1.9 pts | 6.7% |
| 2024 | 6.4% | −7.8 pts | 14.2% |
| 2023 | 18.4% | −1.5 pts | 20.0% |
| 2022 | 15.7% | +10.7 pts | 5.1% |
| 2021 | 7.2% | −9.5 pts | 16.6% |
| 2020 | 6.7% | −7.7 pts | 14.4% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.67%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.05%
- Transaction charges
- 0.02%
- Statutory levies
- 0.50%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Hybrid Composite Debt 50:50 Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 1.25 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.28 | 0.48 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.46 | 0.63 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 9.59 | 10.86 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Bank of India Balanced Advantage Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity50.1%
- Debt27.6%
- Other22.3%
Market cap split
- Large86.7%
- Mid7.7%
- Small5.6%
- P/E
- 20.57
- P/B
- 2.88
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 17.20% | ₹29.87 Cr | -24.16% | +8.76% | +1.80% |
| Small Industries Devp. Bank of India Ltd. | Financial | 5.55% | ₹9.63 Cr | +5.94% | +7.12% | +7.20% |
| IRB InvIT Fund | Construction | 3.56% | ₹6.18 Cr | +3.43% | +4.15% | +0.57% |
| Reliance Industries Ltd. | Energy | 3.24% | ₹5.64 Cr | +4.01% | +5.05% | +5.07% |
| ICICI Bank Ltd. | Financial | 3.09% | ₹5.37 Cr | +3.73% | +3.97% | +4.96% |
| Power Finance Corporation Ltd. | Financial | 2.85% | ₹4.95 Cr | — | — | — |
| Reserve Bank of India | Financial | 2.49% | ₹4.33 Cr | +2.52% | +3.14% | +0.35% |
| Indian Railway Finance Corporation Ltd. | Financial | 2.28% | ₹3.97 Cr | +2.38% | +2.85% | +2.88% |
| Punjab National Bank | Financial | 2.23% | ₹3.88 Cr | — | — | — |
| State Bank of India | Financial | 2.20% | ₹3.83 Cr | +2.00% | +2.00% | +3.21% |
| Adani Ports and Special Economic Zone Ltd. | Services | 2.12% | ₹3.69 Cr | +2.25% | +1.98% | +2.09% |
| Aadhar Housing Finance Ltd | Financial | 1.85% | ₹3.22 Cr | — | — | — |
| Bharti Airtel Ltd. | Communication | 1.84% | ₹3.19 Cr | +2.23% | +2.61% | +2.72% |
| Shriram Finance Ltd | Financial | 1.82% | ₹3.16 Cr | +2.04% | +2.07% | +1.45% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.71% | ₹2.97 Cr | +1.76% | +2.12% | — |
| IndiGrid Infrastructure Trust | Capital Goods | 1.49% | ₹2.58 Cr | +1.57% | +1.79% | +1.76% |
| GOI | Sovereign | 1.45% | ₹2.53 Cr | +1.51% | +1.82% | +2.69% |
| Muthoot Finance Ltd. | Financial | 1.44% | ₹2.51 Cr | +1.48% | +1.81% | +1.80% |
| NTPC Ltd. | Energy | 1.40% | ₹2.44 Cr | +1.66% | +2.10% | +1.91% |
| HDFC Bank Ltd. | Financial | 1.37% | ₹2.38 Cr | +2.84% | +3.16% | +4.06% |
| ITC Ltd. | Consumer Staples | 1.34% | ₹2.33 Cr | +1.62% | +2.47% | +3.41% |
| Titan Company Ltd. | Consumer Discretionary | 1.20% | ₹2.09 Cr | +1.26% | +1.37% | +1.16% |
| Vedanta Ltd. | Metals & Mining | 1.16% | ₹2.01 Cr | +1.19% | — | +1.61% |
| Axis Bank Ltd. | Financial | 1.12% | ₹1.94 Cr | +1.42% | +1.49% | +1.44% |
| Bajaj Finance Ltd. | Financial | 1.12% | ₹1.95 Cr | +1.32% | +1.28% | +1.58% |
| Anand Rathi Wealth Ltd. | Financial | 1.10% | ₹1.91 Cr | — | — | — |
| Bharat Electronics Ltd. | Capital Goods | 1.06% | ₹1.85 Cr | +1.22% | +1.44% | +1.44% |
| Britannia Industries Ltd. | Consumer Staples | 1.06% | ₹1.84 Cr | +1.15% | +1.47% | +1.02% |
| Hindustan Copper Ltd. | Metals & Mining | 1.06% | ₹1.84 Cr | — | — | — |
| Raymond Ltd. | Textiles | 1.05% | ₹1.82 Cr | — | — | — |
| Larsen & Toubro Ltd. | Construction | 1.04% | ₹1.82 Cr | +1.39% | +1.43% | +1.80% |
| Eternal Ltd. | Services | 1.03% | ₹1.78 Cr | +0.95% | +1.00% | +0.92% |
| Hindalco Industries Ltd. | Metals & Mining | 0.97% | ₹1.69 Cr | +1.07% | +1.20% | +1.02% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.93% | ₹1.61 Cr | +0.40% | +0.45% | +0.95% |
| The Federal Bank Ltd. | Financial | 0.93% | ₹1.62 Cr | — | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 0.92% | ₹1.61 Cr | +1.02% | +1.11% | +1.24% |
| Mahindra & Mahindra Ltd. | Automobile | 0.90% | ₹1.57 Cr | +1.08% | +1.27% | +1.16% |
| Tata Steel Ltd. | Metals & Mining | 0.86% | ₹1.49 Cr | +0.58% | +0.47% | +1.31% |
| Power Grid Corporation Of India Ltd. | Energy | 0.80% | ₹1.39 Cr | +0.96% | +1.20% | +1.13% |
| Tata Power Company Ltd. | Energy | 0.76% | ₹1.33 Cr | +0.84% | +1.00% | +1.02% |
| Hero Motocorp Ltd. | Automobile | 0.75% | ₹1.31 Cr | +0.71% | +0.91% | +0.97% |
| Adani Enterprises Ltd. | Services | 0.67% | ₹1.16 Cr | +0.75% | +0.53% | +0.67% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.65% | ₹1.13 Cr | +0.77% | +0.88% | +0.79% |
| Infosys Ltd. | Technology | 0.62% | ₹1.08 Cr | +0.80% | +1.21% | +1.32% |
| Tech Mahindra Ltd. | Technology | 0.62% | ₹1.07 Cr | +0.62% | +0.74% | +0.75% |
| Tata Consultancy Services Ltd. | Technology | 0.60% | ₹1.04 Cr | +0.70% | +0.99% | +1.19% |
| Bajaj Auto Ltd. | Automobile | 0.52% | ₹0.91 Cr | +0.53% | +0.58% | +0.57% |
| Ultratech Cement Ltd. | Materials | 0.52% | ₹0.91 Cr | +0.61% | +0.70% | +0.79% |
| HCL Technologies Ltd. | Technology | 0.51% | ₹0.88 Cr | +0.50% | +0.76% | +0.78% |
| Divi's Laboratories Ltd. | Healthcare | 0.49% | ₹0.85 Cr | +0.35% | +0.39% | +0.37% |
| SBI Life Insurance Company Ltd. | Insurance | 0.49% | ₹0.86 Cr | +0.56% | +0.69% | +0.68% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.47% | ₹0.81 Cr | +0.62% | +0.73% | +0.89% |
| Grasim Industries Ltd. | Materials | 0.46% | ₹0.79 Cr | +0.52% | +0.53% | +0.56% |
| JSW Steel Ltd. | Metals & Mining | 0.42% | ₹0.73 Cr | +0.93% | +1.03% | +0.88% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.39% | ₹0.68 Cr | +0.46% | +0.48% | +0.47% |
| Asian Paints Ltd. | Materials | 0.39% | ₹0.68 Cr | +0.49% | +0.49% | +0.53% |
| Trent Ltd. | Services | 0.39% | ₹0.67 Cr | +0.55% | +0.44% | +0.62% |
| Coal India Ltd. | Materials | 0.38% | ₹0.66 Cr | +0.45% | +0.56% | +0.48% |
| Nestle India Ltd. | Consumer Staples | 0.37% | ₹0.65 Cr | +0.45% | +0.46% | +0.45% |
| Bank Of Baroda | Financial | 0.36% | ₹0.62 Cr | +0.43% | +0.48% | +0.69% |
| Eicher Motors Ltd. | Automobile | 0.35% | ₹0.61 Cr | +0.40% | +0.45% | +0.48% |
| Maruti Suzuki India Ltd. | Automobile | 0.35% | ₹0.60 Cr | +0.50% | +0.53% | +0.68% |
| LEAP India Ltd. | Services | 0.34% | ₹0.59 Cr | — | — | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.32% | ₹0.55 Cr | +0.38% | +0.56% | +0.46% |
| Filatex India Ltd. | Textiles | 0.31% | ₹0.54 Cr | — | — | — |
| Tata Motors Ltd. | Automobile | 0.29% | ₹0.50 Cr | +0.30% | +0.33% | — |
| Cipla Ltd. | Healthcare | 0.27% | ₹0.47 Cr | +0.34% | +0.34% | +0.42% |
| Interglobe Aviation Ltd. | Services | 0.24% | ₹0.42 Cr | +0.32% | +0.28% | — |
| Bajaj Finserv Ltd. | Financial | 0.20% | ₹0.35 Cr | +0.26% | +0.29% | +0.06% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.19% | ₹0.33 Cr | +0.24% | +0.30% | +0.38% |
| JIO Financial Services Ltd. | Financial | 0.18% | ₹0.31 Cr | +0.23% | +0.27% | +0.35% |
| Max Healthcare Institute Ltd. | Healthcare | 0.18% | ₹0.32 Cr | +0.27% | +0.28% | — |
| Wipro Ltd. | Technology | 0.18% | ₹0.31 Cr | +0.22% | +0.29% | +0.37% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.17% | ₹0.30 Cr | +0.23% | +0.27% | +0.29% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 0.17% | ₹0.29 Cr | +0.25% | +0.25% | +0.57% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | -11.50% | 1.12% | +12.62% |
| company:6897 | 12.56% | 0.00% | -12.56% |
| company:6233 | 2.84% | 0.00% | -2.84% |
| Aadhar Housing Finance Ltd | 0.00% | 1.85% | +1.85% |
| Anand Rathi Wealth Ltd. | 0.00% | 1.10% | +1.10% |
| Raymond Ltd. | 0.00% | 1.05% | +1.05% |
| The Federal Bank Ltd. | 0.00% | 0.93% | +0.93% |
| ICICI Bank Ltd. | 3.81% | 3.09% | -0.72% |
| Reliance Industries Ltd. | 3.82% | 3.24% | -0.58% |
| Tata Steel Ltd. | 0.39% | 0.86% | +0.47% |
| HDFC Bank Ltd. | 1.82% | 1.37% | -0.45% |
| Filatex India Ltd. | 0.00% | 0.31% | +0.31% |
| Shriram Finance Ltd | 2.10% | 1.82% | -0.28% |
| Larsen & Toubro Ltd. | 1.31% | 1.04% | -0.27% |
| Bharti Airtel Ltd. | 2.11% | 1.84% | -0.27% |
| Infosys Ltd. | 0.87% | 0.62% | -0.25% |
| Mahindra & Mahindra Ltd. | 1.12% | 0.90% | -0.22% |
| Bajaj Finance Ltd. | 1.34% | 1.12% | -0.22% |
| Adani Ports and Special Economic Zone Ltd. | 1.91% | 2.12% | +0.21% |
| State Bank of India | 1.99% | 2.20% | +0.21% |
| Axis Bank Ltd. | 1.33% | 1.12% | -0.21% |
| Titan Company Ltd. | 1.41% | 1.20% | -0.21% |
| Tata Consultancy Services Ltd. | 0.80% | 0.60% | -0.20% |
| Sun Pharmaceutical Industries Ltd. | 0.79% | 0.65% | -0.14% |
| Hindalco Industries Ltd. | 1.10% | 0.97% | -0.13% |
| Kotak Mahindra Bank Ltd. | 1.05% | 0.92% | -0.13% |
| Bharat Electronics Ltd. | 1.19% | 1.06% | -0.13% |
| Bajaj Auto Ltd. | 0.64% | 0.52% | -0.12% |
| Maruti Suzuki India Ltd. | 0.46% | 0.35% | -0.11% |
| Eternal Ltd. | 1.14% | 1.03% | -0.11% |
| Nestle India Ltd. | 0.47% | 0.37% | -0.10% |
| Hindustan Copper Ltd. | 1.16% | 1.06% | -0.10% |
| Hindustan Unilever Ltd. | 0.56% | 0.47% | -0.09% |
| Eicher Motors Ltd. | 0.44% | 0.35% | -0.09% |
| Grasim Industries Ltd. | 0.55% | 0.46% | -0.09% |
| Asian Paints Ltd. | 0.48% | 0.39% | -0.09% |
| NTPC Ltd. | 1.48% | 1.40% | -0.08% |
| Bajaj Finserv Ltd. | 0.28% | 0.20% | -0.08% |
| HCL Technologies Ltd. | 0.59% | 0.51% | -0.08% |
| Tech Mahindra Ltd. | 0.70% | 0.62% | -0.08% |
| Ultratech Cement Ltd. | 0.60% | 0.52% | -0.08% |
| Britannia Industries Ltd. | 1.14% | 1.06% | -0.08% |
| Apollo Hospitals Enterprise Ltd. | 0.46% | 0.39% | -0.07% |
| Trent Ltd. | 0.46% | 0.39% | -0.07% |
| LEAP India Ltd. | 0.41% | 0.34% | -0.07% |
| Interglobe Aviation Ltd. | 0.30% | 0.24% | -0.06% |
| JSW Steel Ltd. | 0.48% | 0.42% | -0.06% |
| Max Healthcare Institute Ltd. | 0.24% | 0.18% | -0.06% |
| ITC Ltd. | 1.40% | 1.34% | -0.06% |
| JIO Financial Services Ltd. | 0.23% | 0.18% | -0.05% |
| Wipro Ltd. | 0.23% | 0.18% | -0.05% |
| Cipla Ltd. | 0.32% | 0.27% | -0.05% |
| Tata Consumer Products Ltd. | 0.22% | 0.17% | -0.05% |
| Power Grid Corporation Of India Ltd. | 0.85% | 0.80% | -0.05% |
| Dr. Reddy's Laboratories Ltd. | 0.89% | 0.93% | +0.04% |
| SBI Life Insurance Company Ltd. | 0.53% | 0.49% | -0.04% |
| Oil And Natural Gas Corporation Ltd. | 0.36% | 0.32% | -0.04% |
| Tata Motors Passenger Vehicles Ltd. | 0.21% | 0.17% | -0.04% |
| Power Finance Corporation Ltd. | 2.82% | 2.85% | +0.03% |
| Reserve Bank of India | 2.46% | 2.49% | +0.03% |
| Hero Motocorp Ltd. | 0.78% | 0.75% | -0.03% |
| Tata Motors Ltd. | 0.32% | 0.29% | -0.03% |
| Tata Power Company Ltd. | 0.73% | 0.76% | +0.03% |
| HDFC Life Insurance Co Ltd. | 0.22% | 0.19% | -0.03% |
| Punjab National Bank | 2.20% | 2.23% | +0.03% |
| Coal India Ltd. | 0.40% | 0.38% | -0.02% |
| IndiGrid Infrastructure Trust | 1.51% | 1.49% | -0.02% |
| Small Industries Devp. Bank of India Ltd. | 2.83% | 2.85% | +0.02% |
| Vedanta Ltd. | 1.14% | 1.16% | +0.02% |
| Adani Enterprises Ltd. | 0.69% | 0.67% | -0.02% |
| IRB InvIT Fund | 3.55% | 3.56% | +0.01% |
| Bank Of Baroda | 0.37% | 0.36% | -0.01% |
| Muthoot Finance Ltd. | 1.43% | 1.44% | +0.01% |
| Torrent Pharmaceuticals Ltd. | 1.70% | 1.71% | +0.01% |
| Indian Railway Finance Corporation Ltd. | 2.27% | 2.28% | +0.01% |
| Divi's Laboratories Ltd. | 0.49% | 0.49% | 0.00% |
| GOI | 1.45% | 1.45% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹18,271 Cr | 2.11% | 7.3% | 6.9% | 10.2% |
 ICICI Prudential Balanced Advantage Fund | ₹71,892 Cr | 1.52% | 8.8% | 8.6% | 10.5% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹9,847 Cr | 1.96% | 10.5% | 8.9% | 10.5% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,162 Cr | 2.04% | 7.8% | 7.7% | 10.4% |
 Axis Balanced Advantage Fund | ₹3,643 Cr | 2.18% | 7.4% | 6.8% | 9.7% |
 Quant Dynamic Asset Allocation Fund | ₹810 Cr | 2.84% | 2.0% | 2.5% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims at providing long term capital appreciation / income from a dynamic mix of equity and debt investments.
Fund managers
- Alok SinghMr. Singh is a CFA and PGDBA from ICFAI Business School.Prior to joining Bank of India AMC he has worked with BNP Paribas Asset Management and Axis Bank
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months1.61% absolute | ₹60,000 | ₹60,966 | 1.61% | |
| 1 year3.01% annualised | ₹1,20,000 | ₹1,21,975 | 1.65% | |
| 3 years8.87% annualised | ₹3,60,000 | ₹4,13,754 | 14.93% | |
| 5 years9.49% annualised | ₹6,00,000 | ₹7,70,063 | 28.34% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Bank of India Balanced Advantage Fund?
The NAV of Bank of India Balanced Advantage Fund is ₹26.24 as on 9 Nov 2026.
What is the expense ratio of Bank of India Balanced Advantage Fund?
The expense ratio of Bank of India Balanced Advantage Fund is 2.67% per year.
What is the minimum SIP amount for Bank of India Balanced Advantage Fund?
You can start a SIP in Bank of India Balanced Advantage Fund with ₹3,000 a month.
What returns has Bank of India Balanced Advantage Fund given?
Bank of India Balanced Advantage Fund has returned 3.7% over 1 year, 4.7% over 3 years and 7.8% over 5 years (annualised).
Is there a lock-in or exit load on Bank of India Balanced Advantage Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months..
How risky is Bank of India Balanced Advantage Fund?
Bank of India Balanced Advantage Fund is rated Very High on the SEBI riskometer and belongs to the Dynamic Asset Allocation category.
Which fund house manages Bank of India Balanced Advantage Fund?
Bank of India Balanced Advantage Fund is managed by Bank of India Mutual Fund, which runs 23 schemes with ₹17,978 Cr under management.