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Bank of India Mutual Fund

Bank of India Balanced Advantage Fund

Bank of India Mutual Fund · Direct plan · Growth

3-year returns
8.5%
a year
NAV
₹28.15
▲ 0.31% · 18 Sept 2026
Fund size
₹176 Cr
Expense ratio
1.05%
a year
Minimum SIP
₹1,000

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹25.72 and has returned 7.37% a year over 3 years.

Returns, and where it stands

Against the average balanced advantage fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year3.5%1.3%ahead9 of 36
3 years8.5%9.3%behind19 of 30
5 years10.4%9%ahead4 of 20
10 years7.6%10.4%behind10 of 10
Every period, and the Regular plan →
PeriodDirectRegular
1 month-2.1%-2.1%
3 months-1%-1.3%
6 months1.8%1.3%
1 year3.5%2.3%
2 yearsp.a.2%0.9%
3 yearsp.a.8.5%7.4%
5 yearsp.a.10.4%9.3%
7 yearsp.a.10.4%9.5%
10 yearsp.a.7.6%6.7%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2016.

Plan

NAV history

▲ 3.5% in the last 1Y

26.727.929.018 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹14,666
XIRR (per year)
5.17%
Value today
₹1,94,666

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
9.9% a year
1.5% more than the category average — the bumpier side
Worst fall so far
−17.8%
Aug 2018 to Mar 2020, against −16.2% for the category.
Years that made money
83.4%
Of every one-year stretch it has been through.
Over any three years
-3% to 17.5%
A year, at worst and at best. Typically 8.6%.

Fund details

Minimum lumpsum
₹5,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
14 Mar 2014
Expense ratio
1.05%
as of 31 Jul 2026

Managed by Alok Singh

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Bank of India Balanced Advantage Fund against other funds in the Balanced Advantage Fund category
Fund1Y3Y5YExpenseFund size
Quant Dynamic Asset Allocation Fund-0.75%13.58%1.56%₹852 Cr
Baroda BNP Paribas Balanced Advantage Fund4.9%11.6%10.96%0.74%₹5,343 Cr
WhiteOak Capital Balanced Advantage Fund2.71%11.57%0.84%₹2,302 Cr
Aditya Birla Sun Life Balanced Advantage Fund5.65%11.5%10.22%0.59%₹10,125 Cr
Axis Balanced Advantage Fund1.4%11.15%9.41%1.07%₹3,836 Cr
HDFC Balanced Advantage Fund-1.03%10.99%14.2%0.76%₹1,07,296 Cr
Bank of India Balanced Advantage Fund3.5%8.54%10.36%1.05%₹176 Cr

About Bank of India Balanced Advantage Fund

Bank of India Balanced Advantage Fund is a balanced advantage fund managed by Bank of India Mutual Fund. Change the mix of equity and debt dynamically, usually buying more equity when markets are cheap and less when they are expensive.

The Fund aims at providing long term capital appreciation / income from a dynamic mix of equity and debt investments. There is no assurance that the investment objectives of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

The scheme's stated objective, as published by Bank of India Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹28.1549127850
DirectIDCW₹16.9869127852
RegularGrowth₹25.7208127849
RegularIDCW₹17.9452127851

Frequently asked questions

What is the NAV of Bank of India Balanced Advantage Fund today?

The NAV of Bank of India Balanced Advantage Fund (Direct plan, Growth) is ₹28.1549 and the Regular plan NAV is ₹25.7208, as of 18 Sept 2026.

What returns has Bank of India Balanced Advantage Fund given?

Over the last year the Direct plan returned 3.5%, and 8.54% a year over 3 years and 10.36% a year over 5 years. That places it 19 of 30 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Bank of India Balanced Advantage Fund?

The Direct plan charges 1.05% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Bank of India Balanced Advantage Fund?

You can start a monthly SIP with ₹1,000, or invest a lump sum of ₹5,000 or more.

How much has Bank of India Balanced Advantage Fund fallen in the past?

Its deepest fall was 17.8% from 27 Aug 2018 to 23 Mar 2020. Of every one-year stretch in its history, 83% ended in a gain.

Which category does Bank of India Balanced Advantage Fund belong to?

It is a Balanced Advantage Fund from Bank of India Mutual Fund. Change the mix of equity and debt dynamically, usually buying more equity when markets are cheap and less when they are expensive.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Bank of India Balanced Advantage Fund taxed?

How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.