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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(%) 1.12 13.71 12.24 7.68
Average Rolling Returns(%) 8.38 7.32 6.21 7.47

The Current NAV of Bank of India Balanced Advantage Fund - Regular Plan - Growth is ₹24.91.

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 2.30%

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 ₹143 Crores.

The Top three stocks are Reliance Industries, HDFC Bank and ICICI Bank and account for 16% of its portfolio. Top 5 and 10 stocks of fund account for 21% and 31% of fund’s portfolio respectively.

Top three sectors of Bank of India Balanced Advantage Fund - Regular Plan - Growth fund are BFSI, Others and Miscellaneous accounting for 54% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green 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 32.34 and PB ratio is 6.10

The asset allocation of Bank of India Balanced Advantage Fund - Regular Plan - Growth is Stocks : 69.62%, Debt : 28.22% and Gold : 2.14%

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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