FAQ : Bank of India Balanced Advantage Fund - Regular Plan - Growth

Bank of India Balanced Advantage Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 27.86 14.29 9.31 7.46
Average Rolling Returns(%) 7.82 6.17 4.91 7.15

The Current NAV of Bank of India Balanced Advantage Fund - Regular Plan - Growth is ₹23.52.

You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark NIFTY 50 , as Funds portfolio is somewhat different.

Bank of India Balanced Advantage Fund - Regular Plan - Growth fund’s expense ratio is 2.46%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Bank of India Balanced Advantage Fund - Regular Plan - Growth is currently ₹122 Crores.

The Top three stocks are Reliance Industries, HDFC Bank and Larsen & Toubro and account for 18% of its portfolio. Top 5 and 10 stocks of fund account for 24% and 36% of fund’s portfolio respectively.

Top three sectors of Bank of India Balanced Advantage Fund - Regular Plan - Growth fund are BFSI, Others and Construction & Infrastructure accounting for 52% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Bank of India Balanced Advantage Fund - Regular Plan - Growth Fund is Hybrid - Balanced Advantage.

Alok Singh manages the Bank of India Balanced Advantage Fund - Regular Plan - Growth Fund.

Bank of India Balanced Advantage Fund - Regular Plan - Growth current PE ratio is 34.23 and PB ratio is 6.17

The asset allocation of Bank of India Balanced Advantage Fund - Regular Plan - Growth is Stocks : 75.22%, Debt : 18.06% and Gold : 6.72%

The minimum SIP amount for Bank of India Balanced Advantage Fund - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹5000.00

The exit load for Bank of India Balanced Advantage Fund - Regular Plan - Growth is 1% on or before 3 months, Nil after 3 months

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