Bank of India Balanced Advantage Fund
Dynamic Asset AllocationVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹25.58-0.79%1 day
- Return since launch
- 7.8%
- 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 3.7% a year, against 8.3% for its category. The expense ratio is 2.64% 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 +3.1% against +0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -1.1% | −1.7 pts | 0.6% | -0.5% |
| 2Y | 2.4% | +0.9 pts | 1.5% | 1.6% |
| 3Y | 3.7% | −4.6 pts | 8.3% | 3.8% |
| 5Y | 7.5% | −0.3 pts | 7.8% | 7.2% |
| 7Y | 8.6% | −0.6 pts | 9.2% | 8.6% |
| 10Y | 7.6% | −1.5 pts | 9.2% | 8.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.0% | −0.4 pts | -2.6% | -2.7% |
| 3M | -1.6% | −1.0 pts | -0.5% | -0.5% |
| 6M | 1.3% | −2.9 pts | 4.2% | 4.1% |
| 1Y | 3.1% | +2.5 pts | 0.6% | 0.7% |
| 2Y | -0.2% | −0.3 pts | 0.1% | 0.3% |
| 3Y | 7.7% | −0.6 pts | 8.3% | 7.9% |
| 5Y | 9.1% | +1.4 pts | 7.8% | 7.4% |
| 7Y | 9.0% | −1.1 pts | 10.1% | 9.6% |
| 10Y | 6.6% | −2.5 pts | 9.2% | 8.8% |
Since launch (21 Feb 2014): 7.8%
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
2.64%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.04%
- Transaction charges
- 0.03%
- Statutory levies
- 0.47%
- 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 | — | 1.29 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.39 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.61 | 0.82 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 9.53 | 10.95 | 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 31 Aug 2026
Asset allocation
- Equity65.1%
- Debt25.0%
- Other9.9%
Market cap split
- Large93.4%
- Mid5.8%
- Small0.8%
- P/E
- 21.33
- P/B
- 3.08
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Nifty 50 | Financial | 12.56% | ₹22.07 Cr | +13.85% | -29.52% | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 5.48% | ₹9.63 Cr | +6.34% | +6.82% | +7.34% |
| Others | Others | 4.84% | ₹8.56 Cr | -23.60% | +70.30% | +2.10% |
| Reliance Industries Ltd. | Energy | 3.82% | ₹6.71 Cr | +4.45% | +4.96% | +5.15% |
| ICICI Bank Ltd. | Financial | 3.81% | ₹6.69 Cr | +3.70% | +4.29% | +5.24% |
| IRB InvIT Fund | Construction | 3.55% | ₹6.24 Cr | +3.73% | +4.03% | +0.59% |
| National Bank For Agriculture & Rural Development | Financial | 2.84% | ₹4.99 Cr | +3.19% | +3.43% | +3.69% |
| company:4907 | Financial | 2.82% | ₹4.95 Cr | — | — | — |
| Reserve Bank of India | Financial | 2.46% | ₹4.32 Cr | +2.84% | +2.95% | +0.35% |
| Indian Railway Finance Corporation Ltd. | Financial | 2.27% | ₹3.99 Cr | +2.54% | +2.74% | +2.93% |
| company:5500 | Financial | 2.20% | ₹3.86 Cr | — | — | — |
| Bharti Airtel Ltd. | Communication | 2.11% | ₹3.70 Cr | +2.40% | +2.60% | +2.78% |
| Shriram Finance Ltd | Financial | 2.10% | ₹3.69 Cr | +2.02% | +2.43% | +1.39% |
| State Bank of India | Financial | 1.99% | ₹3.50 Cr | +2.04% | +2.32% | +3.01% |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.91% | ₹3.36 Cr | +2.44% | +2.17% | +1.99% |
| HDFC Bank Ltd. | Financial | 1.82% | ₹3.19 Cr | +2.88% | +3.63% | +4.15% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.70% | ₹2.98 Cr | +1.89% | +2.03% | — |
| IndiGrid Infrastructure Trust | Capital Goods | 1.51% | ₹2.65 Cr | +1.66% | +1.70% | +1.79% |
| NTPC Ltd. | Energy | 1.48% | ₹2.59 Cr | +1.96% | +2.05% | +1.87% |
| GOI | Sovereign | 1.45% | ₹2.55 Cr | +1.63% | +1.75% | +2.73% |
| Muthoot Finance Ltd. | Financial | 1.43% | ₹2.51 Cr | +1.61% | +1.72% | +1.84% |
| Titan Company Ltd. | Consumer Discretionary | 1.41% | ₹2.48 Cr | +1.27% | +1.42% | +1.27% |
| ITC Ltd. | Consumer Staples | 1.40% | ₹2.45 Cr | +1.77% | +2.55% | +3.55% |
| Bajaj Finance Ltd. | Financial | 1.34% | ₹2.36 Cr | +1.30% | +1.50% | +1.41% |
| Axis Bank Ltd. | Financial | 1.33% | ₹2.34 Cr | +1.48% | +1.68% | +1.35% |
| Larsen & Toubro Ltd. | Construction | 1.31% | ₹2.31 Cr | +1.49% | +1.65% | +1.81% |
| Bharat Electronics Ltd. | Capital Goods | 1.19% | ₹2.08 Cr | +1.32% | +1.51% | +1.34% |
| company:1511 | Metals & Mining | 1.16% | ₹2.04 Cr | — | — | — |
| Britannia Industries Ltd. | Consumer Staples | 1.14% | ₹2.00 Cr | +1.27% | +1.54% | — |
| Eternal Ltd. | Services | 1.14% | ₹2.00 Cr | +0.98% | +0.67% | +0.91% |
| Vedanta Ltd. | Metals & Mining | 1.14% | ₹2.01 Cr | +1.27% | — | +1.49% |
| Mahindra & Mahindra Ltd. | Automobile | 1.12% | ₹1.97 Cr | +1.17% | +0.83% | +1.10% |
| Hindalco Industries Ltd. | Metals & Mining | 1.10% | ₹1.93 Cr | +1.37% | +1.19% | +0.96% |
| Kotak Mahindra Bank Ltd. | Financial | 1.05% | ₹1.85 Cr | +1.08% | +1.24% | +1.25% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.89% | ₹1.56 Cr | +0.42% | +0.43% | +1.00% |
| Infosys Ltd. | Technology | 0.87% | ₹1.53 Cr | +1.00% | +1.19% | +1.37% |
| Power Grid Corporation Of India Ltd. | Energy | 0.85% | ₹1.50 Cr | +1.06% | +1.15% | +1.13% |
| Tata Consultancy Services Ltd. | Technology | 0.80% | ₹1.40 Cr | +0.85% | +1.04% | +1.30% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.79% | ₹1.39 Cr | +0.81% | +0.82% | +0.80% |
| Hero Motocorp Ltd. | Automobile | 0.78% | ₹1.36 Cr | +0.79% | — | +0.92% |
| Tata Power Company Ltd. | Energy | 0.73% | ₹1.28 Cr | +1.00% | +0.94% | +1.13% |
| Tech Mahindra Ltd. | Technology | 0.70% | ₹1.22 Cr | +0.72% | +0.69% | +0.80% |
| Adani Enterprises Ltd. | Services | 0.69% | ₹1.21 Cr | +0.79% | +0.55% | +0.61% |
| Bajaj Auto Ltd. | Automobile | 0.64% | ₹1.12 Cr | +0.62% | +0.62% | +0.57% |
| Ultratech Cement Ltd. | Materials | 0.60% | ₹1.05 Cr | +0.67% | +0.78% | +0.83% |
| HCL Technologies Ltd. | Technology | 0.59% | ₹1.04 Cr | +0.60% | +0.75% | +0.83% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.56% | ₹0.98 Cr | +0.69% | +0.79% | +0.96% |
| Grasim Industries Ltd. | Materials | 0.55% | ₹0.97 Cr | +0.57% | +0.54% | +0.57% |
| SBI Life Insurance Company Ltd. | Insurance | 0.53% | ₹0.94 Cr | +0.63% | +0.74% | +0.70% |
| Divi's Laboratories Ltd. | Healthcare | 0.49% | ₹0.87 Cr | +0.39% | +0.40% | +0.40% |
| Asian Paints Ltd. | Materials | 0.48% | ₹0.84 Cr | +0.54% | +0.51% | +0.58% |
| JSW Steel Ltd. | Metals & Mining | 0.48% | ₹0.85 Cr | +1.05% | +0.93% | +0.80% |
| Nestle India Ltd. | Consumer Staples | 0.47% | ₹0.82 Cr | +0.50% | +0.48% | +0.46% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.46% | ₹0.81 Cr | +0.47% | +0.48% | +0.50% |
| Maruti Suzuki India Ltd. | Automobile | 0.46% | ₹0.81 Cr | +0.50% | +0.60% | +0.64% |
| Trent Ltd. | Services | 0.46% | ₹0.81 Cr | +0.51% | +0.50% | +0.72% |
| Eicher Motors Ltd. | Automobile | 0.44% | ₹0.77 Cr | +0.44% | +0.52% | +0.42% |
| company:20765 | Services | 0.41% | ₹0.71 Cr | — | — | — |
| Coal India Ltd. | Materials | 0.40% | ₹0.70 Cr | +0.51% | +0.51% | +0.47% |
| Tata Steel Ltd. | Metals & Mining | 0.39% | ₹0.68 Cr | +0.69% | +0.49% | +1.22% |
| Bank Of Baroda | Financial | 0.37% | ₹0.64 Cr | +0.46% | +0.59% | +0.64% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.36% | ₹0.64 Cr | +0.47% | +0.52% | +0.46% |
| Cipla Ltd. | Healthcare | 0.32% | ₹0.55 Cr | +0.35% | +0.36% | +0.45% |
| Tata Motors Ltd. | Automobile | 0.32% | ₹0.56 Cr | +0.29% | +0.41% | — |
| Interglobe Aviation Ltd. | Services | 0.30% | ₹0.52 Cr | +0.28% | +0.33% | — |
| Bajaj Finserv Ltd. | Financial | 0.28% | ₹0.49 Cr | +0.28% | +0.33% | +0.06% |
| Max Healthcare Institute Ltd. | Healthcare | 0.24% | ₹0.42 Cr | +0.25% | +0.30% | — |
| JIO Financial Services Ltd. | Financial | 0.23% | ₹0.40 Cr | +0.26% | +0.29% | +0.38% |
| Wipro Ltd. | Technology | 0.23% | ₹0.40 Cr | +0.29% | +0.30% | +0.39% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.22% | ₹0.39 Cr | +0.27% | +0.34% | +0.40% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.22% | ₹0.38 Cr | +0.28% | +0.28% | +0.28% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 0.21% | ₹0.37 Cr | +0.30% | +0.31% | +0.57% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:4907 | 0.00% | 2.82% | +2.82% |
| company:5500 | 0.00% | 2.20% | +2.20% |
| company:1511 | 0.00% | 1.16% | +1.16% |
| Manappuram Finance Ltd. | 0.56% | 0.00% | -0.56% |
| company:20765 | 0.00% | 0.41% | +0.41% |
| Others | -11.23% | -11.50% | -0.27% |
| Bharti Airtel Ltd. | 2.27% | 2.11% | -0.16% |
| IRB InvIT Fund | 3.40% | 3.55% | +0.15% |
| Shriram Finance Ltd | 1.96% | 2.10% | +0.14% |
| ITC Ltd. | 1.52% | 1.40% | -0.12% |
| Adani Ports and Special Economic Zone Ltd. | 2.01% | 1.91% | -0.10% |
| Eternal Ltd. | 1.04% | 1.14% | +0.10% |
| Axis Bank Ltd. | 1.24% | 1.33% | +0.09% |
| Bajaj Finance Ltd. | 1.43% | 1.34% | -0.09% |
| Bharat Electronics Ltd. | 1.10% | 1.19% | +0.09% |
| ICICI Bank Ltd. | 3.72% | 3.81% | +0.09% |
| Kotak Mahindra Bank Ltd. | 0.97% | 1.05% | +0.08% |
| State Bank of India | 1.91% | 1.99% | +0.08% |
| HDFC Bank Ltd. | 1.90% | 1.82% | -0.08% |
| NTPC Ltd. | 1.55% | 1.48% | -0.07% |
| Divi's Laboratories Ltd. | 0.42% | 0.49% | +0.07% |
| Titan Company Ltd. | 1.34% | 1.41% | +0.07% |
| Hindalco Industries Ltd. | 1.04% | 1.10% | +0.06% |
| Power Grid Corporation Of India Ltd. | 0.91% | 0.85% | -0.06% |
| Tata Power Company Ltd. | 0.79% | 0.73% | -0.06% |
| Reliance Industries Ltd. | 3.87% | 3.82% | -0.05% |
| Grasim Industries Ltd. | 0.50% | 0.55% | +0.05% |
| Larsen & Toubro Ltd. | 1.26% | 1.31% | +0.05% |
| Bajaj Auto Ltd. | 0.60% | 0.64% | +0.04% |
| Reserve Bank of India | 2.42% | 2.46% | +0.04% |
| SBI Life Insurance Company Ltd. | 0.57% | 0.53% | -0.04% |
| Nifty 50 | 12.53% | 12.56% | +0.03% |
| Tata Motors Ltd. | 0.29% | 0.32% | +0.03% |
| Hindustan Unilever Ltd. | 0.59% | 0.56% | -0.03% |
| Mahindra & Mahindra Ltd. | 1.15% | 1.12% | -0.03% |
| Adani Enterprises Ltd. | 0.71% | 0.69% | -0.02% |
| Britannia Industries Ltd. | 1.16% | 1.14% | -0.02% |
| Dr. Reddy's Laboratories Ltd. | 0.87% | 0.89% | +0.02% |
| Eicher Motors Ltd. | 0.42% | 0.44% | +0.02% |
| Hero Motocorp Ltd. | 0.76% | 0.78% | +0.02% |
| Muthoot Finance Ltd. | 1.41% | 1.43% | +0.02% |
| Tata Consultancy Services Ltd. | 0.78% | 0.80% | +0.02% |
| Tata Motors Passenger Vehicles Ltd. | 0.23% | 0.21% | -0.02% |
| Torrent Pharmaceuticals Ltd. | 1.68% | 1.70% | +0.02% |
| JSW Steel Ltd. | 0.46% | 0.48% | +0.02% |
| Maruti Suzuki India Ltd. | 0.48% | 0.46% | -0.02% |
| Trent Ltd. | 0.48% | 0.46% | -0.02% |
| Indian Railway Finance Corporation Ltd. | 2.26% | 2.27% | +0.01% |
| Small Industries Devp. Bank of India Ltd. | 2.82% | 2.83% | +0.01% |
| Asian Paints Ltd. | 0.49% | 0.48% | -0.01% |
| Cipla Ltd. | 0.33% | 0.32% | -0.01% |
| GOI | 1.44% | 1.45% | +0.01% |
| HCL Technologies Ltd. | 0.60% | 0.59% | -0.01% |
| IndiGrid Infrastructure Trust | 1.52% | 1.51% | -0.01% |
| Infosys Ltd. | 0.86% | 0.87% | +0.01% |
| Interglobe Aviation Ltd. | 0.29% | 0.30% | +0.01% |
| Max Healthcare Institute Ltd. | 0.25% | 0.24% | -0.01% |
| Oil And Natural Gas Corporation Ltd. | 0.37% | 0.36% | -0.01% |
| Sun Pharmaceutical Industries Ltd. | 0.78% | 0.79% | +0.01% |
| Tata Steel Ltd. | 0.40% | 0.39% | -0.01% |
| Ultratech Cement Ltd. | 0.61% | 0.60% | -0.01% |
| JIO Financial Services Ltd. | 0.24% | 0.23% | -0.01% |
| National Bank For Agriculture & Rural Development | 2.83% | 2.84% | +0.01% |
| Apollo Hospitals Enterprise Ltd. | 0.46% | 0.46% | 0.00% |
| Bajaj Finserv Ltd. | 0.28% | 0.28% | 0.00% |
| Bank Of Baroda | 0.37% | 0.37% | 0.00% |
| Coal India Ltd. | 0.40% | 0.40% | 0.00% |
| HDFC Life Insurance Co Ltd. | 0.22% | 0.22% | 0.00% |
| Nestle India Ltd. | 0.47% | 0.47% | 0.00% |
| Tata Consumer Products Ltd. | 0.22% | 0.22% | 0.00% |
| Tech Mahindra Ltd. | 0.70% | 0.70% | 0.00% |
| Vedanta Ltd. | 1.14% | 1.14% | 0.00% |
| Wipro Ltd. | 0.23% | 0.23% | 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 | ₹39,803 Cr | 1.98% | 0.3% | 5.2% | 9.8% |
 HDFC Balanced Advantage Fund | ₹1,07,296 Cr | 1.31% | -3.8% | 3.3% | 10.5% |
 ICICI Prudential Balanced Advantage Fund | ₹75,399 Cr | 1.57% | 1.2% | 6.7% | 9.4% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹10,125 Cr | 1.95% | 4.6% | 7.5% | 9.6% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,343 Cr | 2.05% | 1.4% | 6.3% | 9.6% |
 Quant Dynamic Asset Allocation Fund | ₹852 Cr | 3.03% | -2.1% | 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 months1.32% absolute | ₹60,000 | ₹60,792 | 1.32% | |
| 1 year3.06% annualised | ₹1,20,000 | ₹1,22,008 | 1.67% | |
| 3 years7.68% annualised | ₹3,60,000 | ₹4,05,987 | 12.77% | |
| 5 years9.11% annualised | ₹6,00,000 | ₹7,62,166 | 27.03% |
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 ₹25.58 as on 24 Sep 2026.
What is the expense ratio of Bank of India Balanced Advantage Fund?
The expense ratio of Bank of India Balanced Advantage Fund is 2.64% 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 -1.1% over 1 year, 3.7% over 3 years and 7.5% 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 ₹15,446 Cr under management.