Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.

Bank of India Mutual Fund

BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN IDCW

★★★★★ 3rd-party

External rating

  • Source: Third-party data provider (Groww/CRISIL)
  • Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria

Full rating methodology →

TopFund Score: 55/100 · Average

How this score is calculated

  • Star rating (35%)3/5
  • 3Y CAGR (30%)9.04%
  • Expense ratio (20%)1.36%
  • AUM (15%)₹176 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Bank of India Mutual Fund · Hybrid · Dynamic Asset Allocation

₹28.15

+10.2 (+56.86%)

AUM: ₹175 Cr

NAV updated 4 days ago

Plan

Regular

Option

Idcw

Risk

High

Expense Ratio

1.36%

Exit Load

Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.

Fund Manager

Saurabh Kataria, Piyush Baranwal

Inception

Mar 2014

Benchmark

NIFTY 50 Hybrid Composite Debt 50:50 Index

Sharpe Ratio

-0.23

Std Dev (1Y)

8.32%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

-2.28%

3m

-1.07%

6m

+2.85%

1y

+3.85%

3y

+9.04%

5y

+10.37%

10y

+7.49%

since inception

+4.76%

TopFund's Take on BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN IDCW

BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN IDCW sits in the middle of the pack for Dynamic Asset Allocation funds, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 55/100.

Cost: At 1.36%, the expense ratio runs 42% above the Dynamic Asset Allocation category average of 0.96%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.23 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 8.32% is on the lower side for a Dynamic Asset Allocation fund, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Equity 52.54%
Repo 16.34%
Index Derivatives 12.56%
Non Convertible Debenture 5.40%
Infrastructure Investment Trust 5.06%
Certificate of Deposit 4.85%
Debenture 3.98%
Treasury Bills 2.84%
Bonds/NCDs 2.83%
Bonds 2.82%
GOI Securities 2.28%

Frequently Asked Questions about BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN IDCW

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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