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 #27 of 37 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
|---|
| NAV | ₹24.85 (as of 2026-10-23) |
|---|
| AUM | ₹176 Cr |
|---|
| Expense ratio | 2.10% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Alok Singh |
|---|
| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 3 months |
|---|
Performance & risk
| 5-year annualised return | 8.83% |
|---|
| Sharpe ratio | 0.2 |
|---|
| Standard deviation | 9.74% |
|---|
| Max drawdown | −18.60% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
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 | 86.7% |
|---|
| Mid cap | 7.7% |
|---|
| Small cap | 5.6% |
|---|
Concentration
| Top 5 holdings | 12.5% |
|---|
| Top 10 holdings | 19.6% |
|---|
| Total holdings | 62 |
|---|
Top holdings
- TREPS — 16.1%
- IRB InvIT Fund — 3.6%
- 6.94% Government of India (11/05/2036) — 3.4%
- Reliance Industries Ltd — 3.2%
- ICICI Bank Ltd. — 3.1%
- 6.27% Power Finance Corporation Limited (15/07/2027) — 2.8%
- 7.47% Small Industries Dev Bank of India (05/09/2029) — 2.8%
- Small Industries Dev Bank of India (20/08/2027) # — 2.7%
- 364 Days Tbill (MD 28/05/2027) — 2.5%
- 7.37% Indian Railway Finance Corporation Limited (31/07/2029) — 2.3%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −4.2% | Q2 | #14 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 |