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3 Year return
15.98%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹125.97 Cr.
Expense Ratio
1.41% (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
Tax Implications
Withdrawal within 1 year
Exit load + 15% tax on gains
Withdrawal after 1 year
10% tax on gains over ₹1 Lakh per financial year
Fund Holdings
| Other Holdings | % of Asset |
|---|---|
| Larsen & Toubro | 3.68 % |
| Hind.Aeronautics | 3.13 % |
| ICICI Bank | 2.92 % |
| GSEC2033 | 2.92 % |
| IRB InvIT Fund | 2.72 % |
| Bank of India Arbitrage Fund - Direct (G) | 2.25 % |
| Titan Company | 2.11 % |
| NTPC | 1.93 % |
| UltraTech Cem. | 1.9 % |
| ITC | 1.9 % |
| Bharti Airtel | 1.69 % |
| Adani Ports | 1.68 % |
| India Grid Trust | 1.65 % |
| TCS | 1.6 % |
| Net CA & Others | 1.59 % |
| Sun Pharma.Inds. | 1.56 % |
| Jio Financial | 1.56 % |
| Reliance Jio | 1.53 % |
| Infosys | 1.52 % |
| Axis Bank | 1.43 % |
| Coal India | 1.42 % |
| DLF | 1.39 % |
| Tata Steel | 1.24 % |
| Asian Paints | 1.19 % |
| Tata Power Co. | 1.1 % |
| M & M | 1 % |
| HCL Technologies | 0.97 % |
| Tata Motors | 0.96 % |
| Bajaj Finance | 0.95 % |
| Hero Motocorp | 0.94 % |
| Eicher Motors | 0.92 % |
| Power Grid Corpn | 0.91 % |
| Hindalco Inds. | 0.91 % |
| Kotak Mah. Bank | 0.9 % |
| Adani Enterp. | 0.86 % |
| Maruti Suzuki | 0.81 % |
| O N G C | 0.79 % |
| TBILL-364D | 0.78 % |
| Power Grid Corpn | 0.78 % |
| Bank of Baroda | 0.77 % |
| Hind. Unilever | 0.74 % |
| JSW Steel | 0.7 % |
| IndusInd Bank | 0.6 % |
| GAIL (India) | 0.58 % |
| Bajaj Auto | 0.58 % |
| Bajaj Finserv | 0.5 % |
| Nestle India | 0.48 % |
| Grasim Inds | 0.47 % |
| Dr Reddy's Labs | 0.41 % |
| Tech Mahindra | 0.41 % |
| Apollo Hospitals | 0.38 % |
| Cipla | 0.38 % |
| Wipro | 0.36 % |
| SBI Life Insuran | 0.33 % |
| B P C L | 0.3 % |
| Divi's Lab. | 0.29 % |
| HDFC Life Insur. | 0.29 % |
| Britannia Inds. | 0.29 % |
| Tata Consumer | 0.26 % |
| LTIMindtree | 0.22 % |
| Shriram Finance | 0.22 % |
| Grasim Inds PP | 0.01 % |
Bank of India Mutual Fund Managers
AS
Alok Singh
Fund Manager since Jul 2019
Fund House Details
Bank of India Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout |
23.98% |
4 |
|
Baroda BNP Paribas Balanced Advantage Fund Direct Plan IDCW Payout |
15.79% |
3 |
|
Edelweiss Balanced Advantage Fund Direct Plan Quarterly IDCW Payout |
14.7% |
5 |
Schemes by Bank of India Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Annual IDCW Payout
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Annual IDCW Reinvestment
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Monthly IDCW Payout
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Monthly IDCW Reinvestment
About Bank of India Balanced Advantage Fund Direct Plan Growth
The About Bank of India Balanced Advantage Fund Direct Plan Growth is managed by Bank of India Mutual Fund, which is the Asset Management Company (AMC) responsible for this fund. The fund falls under the category of Balanced Advantage Funds, which are designed to dynamically manage the allocation between equity and debt instruments based on market conditions.
Investment Objectives of the Scheme
The primary objective of the About Bank of India Balanced Advantage Fund Direct Plan Growth is to generate long-term capital appreciation while managing the risk associated with market volatility. The fund aims to achieve this by dynamically allocating its assets between equity and debt securities, providing investors with the potential for growth while also offering some level of stability.
Key Features of The Fund
| 5-year return | 10.78% |
| Expense Ratio | 1.41% |
| Fund Manager | Alok Singh |
| Fund Size | ₹125.97 Cr |
| Risk Profile | Very High |
Is This Scheme Right for Me?
This fund can be a good fit for investors seeking a balance between growth potential and risk management. It caters to both conservative investors looking for exposure to equities with a reduced risk profile, as well as those who want a diversified investment strategy managed by professionals. Additionally, it can suit individuals with a medium- to long-term investment horizon who are open to having their portfolio allocation adjusted as per market conditions.
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 |
| 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.
