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3 Year return

14.71%
Launched on February 2014 (11 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹139.06 Cr.

Expense Ratio

1.2% (inclusive of GST)

Exit Load

For redemption/ switch ou of initial units allotted within 3 months from the date of allotment: 1% Exit Load Any redemption/ switch out from the date of allotment of units after 3 months: Nil

Ratings

ARQ Rating
3

Ratings by other agencies

2
0
2

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings
Top Holdings% of Asset
HDFC Bank Ltd7.43%
ICICI Bank Ltd5.22%
Reliance Industries Ltd5.18%
State Bank of India3.98%
AU Small Finance Bank Ltd3.62%
Others74.57%
Other Holdings% of Asset
Indian Railway Finance Corporation Ltd3.04%
Bharti Airtel Ltd2.67%
IRB InvIT Fund2.04%
NTPC Ltd2.04%
ITC Ltd1.87%
IndiGrid Infrastructure Trust1.66%
Larsen & Toubro Ltd1.60%
Shriram Finance Ltd1.49%
Adani Ports & Special Economic Zone Ltd1.48%
Axis Bank Ltd1.47%
REC Ltd1.41%
Tata Consultancy Services Ltd1.38%
Bajaj Finance Ltd1.36%
Kotak Mahindra Bank Ltd1.34%
Vedanta Ltd1.31%
Infosys Ltd1.27%
Power Grid Corporation of India Ltd1.25%
Tata Power Company Ltd1.19%
Titan Company Ltd1.18%
Tata Steel Ltd1.10%
Sun Pharmaceutical Industries Ltd1.06%
Bharat Electronics Ltd1.04%
DLF Ltd1.03%
Mahindra & Mahindra Ltd0.96%
Dr Reddys Laboratories Ltd0.95%
HCL Technologies Ltd0.87%
Hindalco Industries Ltd0.85%
Tech Mahindra Ltd0.81%
JSW Steel Ltd0.80%
Hindustan Unilever Ltd0.80%
Bank of Baroda0.80%
UltraTech Cement Ltd0.75%
Eternal Ltd0.74%
Hero MotoCorp Ltd0.70%
Trent Ltd0.69%
Maruti Suzuki India Ltd0.69%
SBI Life Insurance Company Ltd0.68%
Adani Enterprises Ltd0.63%
Grasim Industries Ltd0.55%
Asian Paints Ltd0.54%
Bajaj Auto Ltd0.52%
Tata Motors Ltd0.52%
Oil & Natural Gas Corpn Ltd0.47%
Coal India Ltd0.47%
Nestle India Ltd0.46%
Apollo Hospitals Enterprise Ltd0.45%
Siemens Ltd0.43%
Cipla Ltd0.42%
Divis Laboratories Ltd0.41%
Wipro Ltd0.37%
HDFC Life Insurance Company Ltd0.37%
Eicher Motors Ltd0.37%
Jio Financial Services Ltd0.30%
Tata Consumer Products Ltd0.29%
IndusInd Bank Ltd0.27%
Bajaj Finserv Ltd0.03%

Bank of India Mutual Fund Managers

AS

Alok Singh

Fund Manager since Dec 2021

View Details

Fund House Details

Bank of India Mutual Fund

Bank of India Mutual Fund Asset management company

AUM ₹11,518.36 Cr.
No. of Schemes 71
Setup Date March 2008

Peer Comparison

Comparison with other similar funds

Schemes by Bank of India Mutual Fund

List of mutual fund schemes by AMC

Key Features of The Fund

5-year return 13.08%
Expense Ratio 1.2%
Fund Manager Alok Singh
Fund Size ₹139.06 Cr
Risk Profile Very High

AMC Contact Details

Name Bank of India Mutual Fund
Launch Date March 2008
Addresss Bank of India Investment Managers Private Limited, B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013.
Contact 022-612490001800 - 266 - 2676 1800 - 103 – 226391-22-61249024
Email service@boimf.in
Website https://www.boimf.in/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment on Jun 30 2025, is ₹16.3939

What is the AUM of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment, is ₹139.06 crore.

What is the expense ratio of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment is 1.2%

What are the returns of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment since inception?

The Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment was launched on Feb 21 2014. The fund has delivered a CAGR of 8.96 since inception.

What is the minimum SIP amount to invest in Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment is ₹1000.

How do I invest in Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

FAQs

What is today's NAV of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment on Jun 30 2025, is ₹16.3939

What is the AUM of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment, is ₹139.06 crore.

What is the expense ratio of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment is 1.2%

What are the returns of Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment since inception?

The Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment was launched on Feb 21 2014. The fund has delivered a CAGR of 8.96 since inception.

What is the minimum SIP amount to invest in Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment is ₹1000.

How do I invest in Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Bank of India Balanced Advantage Fund Direct Plan IDCW Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.