Bank of India Balanced Advantage Fund
The scheme aims at providing long term capital appreciation / income from a dynamic mix of equity and debt investments.
Growthvine rating: 2/5 — ranked #28 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹25.16 (as of 2026-10-01) |
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| AUM | ₹176 Cr |
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| Expense ratio | 2.10% |
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| Riskometer | Very High |
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| Fund manager | Alok Singh |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 3 months |
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Performance & risk
| 5-year annualised return | 8.83% |
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| Sharpe ratio | 0.39 |
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| Standard deviation | 9.53% |
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| Max drawdown | −18.60% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 127.0% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 109.0% of its downside.
Market cap allocation
| Large cap | 93.4% |
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| Mid cap | 5.8% |
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| Small cap | 0.8% |
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Concentration
| Top 5 holdings | 24.4% |
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| Top 10 holdings | 33.0% |
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| Total holdings | 59 |
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Top holdings
- TREPS — 16.3%
- NIFTY September 2026 Future — 12.6%
- Reliance Industries Ltd — 3.8%
- ICICI Bank Ltd. — 3.8%
- IRB InvIT Fund — 3.5%
- 7.68% National Bank For Agriculture and Rural Development (30/04/2029) — 2.8%
- 7.47% Small Industries Dev Bank of India (05/09/2029) — 2.8%
- 6.27% Power Finance Corporation Limited (15/07/2027) — 2.8%
- Small Industries Dev Bank of India (20/08/2027) # — 2.7%
- 364 Days Tbill (MD 28/05/2027) — 2.5%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −3.0% | Q2 | #16 of 35 |
| 2025 | 8.5% | Q1 (Top) | #7 of 34 |
| 2024 | 6.4% | Q4 (Bottom) | #30 of 30 |
| 2023 | 18.4% | Q2 | #12 of 26 |
| 2022 | 15.7% | Q1 (Top) | #2 of 21 |