Bank of India Balanced Advantage Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 25.58 | 15.14 | 9.57 | 7.73 |
Average Rolling Returns(%) | 8.02 | 6.27 | 4.98 | 7.19 |
The Current NAV of Bank of India Balanced Advantage Fund - Regular Plan - Growth is ₹23.82.
You should look for a fund with better more consistent performance track record. However, funds returns unlikely to be different than its benchmark NIFTY 50, as the Funds portfolio is similar to its benchmark.
Bank of India Balanced Advantage Fund - Regular Plan - Growth fund’s expense ratio is 2.43%
The process for redemption is
The AUM of Bank of India Balanced Advantage Fund - Regular Plan - Growth is currently ₹126 Crores.
The Top three stocks are Reliance Industries, HDFC Bank and SBI and account for 17% of its portfolio. Top 5 and 10 stocks of fund account for 24% and 35% of fund’s portfolio respectively.
Top three sectors of Bank of India Balanced Advantage Fund - Regular Plan - Growth fund are BFSI, Others and Construction & Infrastructure accounting for 51% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Bank of India Balanced Advantage Fund - Regular Plan - Growth Fund is Hybrid - Balanced Advantage.
Alok Singh manages the Bank of India Balanced Advantage Fund - Regular Plan - Growth Fund.
Bank of India Balanced Advantage Fund - Regular Plan - Growth current PE ratio is 36.05 and PB ratio is 6.16
The asset allocation of Bank of India Balanced Advantage Fund - Regular Plan - Growth is Stocks : 72.74%, Debt : 20.60% and Gold : 6.62%
The minimum SIP amount for Bank of India Balanced Advantage Fund - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹5000.00
The exit load for Bank of India Balanced Advantage Fund - Regular Plan - Growth is 1% on or before 3 months, Nil after 3 months