Fundalysisby DARKHORSESTOCKS

Scheme

Bank Of India Balanced Advantage Fund

Holds 64 companies worth ₹95.9 Cr in Sept 2026.

  • Fund house

    BOI AXAThe fund house that runs this scheme.

  • AUM

    ₹174 CrBank Of India Balanced Advantage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.1% on Aug 2026, ₹176 Cr.

  • Largest holding

    IRB InvIT FundIRB InvIT Fund is 3.6% of this scheme's NAV.

  • Fund manager

    Alok SinghRuns it since 1 Dec 2021, as the fund house dates it.

Overview(6 Oct 2026)

Fund managers1

  1. Alok SinghFund manager · Dec 2021

    Key facts

    Benchmark
    Nifty 50 Hybrid Composite Debt 50: 50 Index TRI
    Risk
    Very High
    Expense
    Regular 2.67% · Direct 1.39%
    Exit load
    10% within 3 months
    Started
    14 Mar 2014
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

    What changed(11 changes)

    Oct 2026

    1 change
    1. Expense ratio
      6 OctRegular 2.64% → 2.67%Direct 1.36% → 1.39%

    Sept 2026

    3 changes
    1. Exit load
      22 Sept1% within 3 months → 10% within 3 months
    2. Expense ratio
      22 SeptRegular 2.47% → 2.64%Direct 1.31% → 1.36%
    3. Category
      22 SeptDynamic Asset Allocation → Dynamic Asset Allocation Fund

    Apr 2026

    1 change
    1. Expense ratio
      8 AprRegular 2.51% → 2.47%Direct 1.35% → 1.31%

    Source.Its filings at NSE, since Sept 2024.

    Fund managers over time(Dec 2021 – now)

    1. Alok Singh
    MainCoSlice20222023202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Sept 2024 – Oct 2026)

    Every change to the expense ratio, newest first.
    9 changesRegularDirectΔ pt
    6 Oct 20262.67%1.39%0.03
    22 Sept 20262.64%1.36%0.05
    8 Apr 20262.47%1.31%0.04
    21 Jan 20262.51%1.35%0.23
    20 Aug 20252.47%1.12%0.28
    17 Mar 20252.51%1.40%0.04
    16 Jan 20252.47%1.36%0.06
    29 Nov 20242.48%1.42%0.01
    2 Sept 20242.47%1.41%–
    Direct plan, 6 Oct 2026
    1.39%
    Regular plan 2.67% · Exit load 10% within 3 months
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(6 Oct 2026)

    Objective

    Bank of India Balanced Advantage 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.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Moderate
    Type
    An open ended dynamic asset allocation Fund investing in debt and equity instruments only
    Benchmark
    Nifty 50 Hybrid Composite Debt 50: 50 Index TRI

    Asset allocation it may hold% of NAV

    1. Equity and Equity Related Instruments
      Allowed0–100%Holds51.6%
    2. Debt and Money Market instruments
      Allowed0–100%Holds44.8%

    Holds in Sept 2026.51.6% equity · 44.8% debt and cash · 3.6% REITs and InvITs

    How to invest(6 Oct 2026)

    Buying

    To start
    ₹5,000, then in multiples of ₹1
    To add
    ₹1,000, then in multiples of ₹1
    Most
    There is no limit on the maximum amount to be raised under the Scheme.
    Systematic
    SIP - Weekly & Monthly, SWP - Monthly & Quarterly, STP - Daily, Weekly & Monthly
    Dates
    SIP - Weekly (Monday to Friday) & Monthly (any day - 1 to 28), SWP - Monthly (01,07,10,15,20,25) & Quarterly (01,07,10,15,20,25), STP - Daily (any day - 1 to 28), Weekly (Monday to Friday) & Monthly (01,07,10,15,20,25) If such a day is a Holiday/Non-Business day, then the next Business Day
    Minimum
    SIP - 250, SWP - 1000 & STP - 1000, then sIP - 1, SWP - 1 & STP - 1
    Instalments
    SIP - Weekly 12 & Monthly 6, SWP - Monthly 6 & Quarterly 4, STP - Daily 30, Weekly 12 & Monthly 6
    Most
    SIP Monthly - 6; Yearly - 3, SWP - Monthly - 6; Quarterly - 4; Halfyearly - 4; Yearly - 2, STP - Daily -6; Weekly - 6; Fortnightly -6; Monthly - 6; Quarterly -2.

    Selling and switching

    To redeem
    ₹1 or 0.001 units
    Minimum balance
    Currently, there is no minimum balance requirement or Currently, there is no minimum balance requirement units
    Switch minimum
    ₹5,000 or 5000 units
    Switch multiples
    ₹1 or No Limit units
    Switch most
    Not applicable. units

    Scheme details(6 Oct 2026)

    What it is

    Category
    Dynamic Asset Allocation Fund
    Offer
    21 Feb 2014 to 7 Mar 2014
    Started
    14 Mar 2014
    Reopened
    24 Mar 2014
    Plans
    Regular Plan and Direct Plan. Each of the Plan shall offer the following Option: · •Growth Option · • IDCW Option (Reinvestment of IDCW & payout of IDCW facility)
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    Enabling provision in SID. However, no segregated portfolio is created.
    Side-pocketing
    Enabling provision in SID. However, no segregated portfolio is created.
    Custodian
    Deutsche Bank AG
    Auditor
    Chokshi & Chokshi LLP (Statutory Auditors)
    Registrar
    KFin Technologies Limited
    SEBI code
    BOIA/O/H/BAF/14/01/0008