Previously Known As : Bank Of India Equity Debt Rebalancer Fund
Bank Of India Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 14
BMSMONEY Rating
Gro. Opt. As On: 02-12-2024
NAV ₹24.44(R) +0.4% ₹26.2(D) +0.41%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 14.27% 13.96% 11.44% 7.47% 7.52%
LumpSum (D) 15.44% 15.05% 12.33% 8.28% 8.25%
SIP (R) 4.14% 13.64% 13.07% 10.77% 8.76%
SIP (D) 5.27% 14.75% 14.06% 11.65% 9.55%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.56 0.35 0.86 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
11.99% -11.71% -6.3% - 7.28%
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Hdfc Balanced Advantage Fund 1
Axis Balanced Advantage Fund 2
Invesco India Balanced Advantage Fund 3
SBI Balanced Advantage Fund 4
Baroda BNP Paribas Balanced Advantage Fund 5

NAV Date: 02-12-2024

Scheme Name NAV Rupee Change Percent Change
BANK OF INDIA BALANCED ADVANTAGE FUND DIRECT PLAN IDCW 15.83
0.0600
0.4100%
BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN IDCW 17.05
0.0700
0.4000%
BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN GROWTH 24.44
0.1000
0.4000%
BANK OF INDIA BALANCED ADVANTAGE FUND DIRECT PLAN GROWTH 26.2
0.1100
0.4100%

Review Date: 02-12-2024

Bank of India Balanced Advantage Fund has exhibited poor performance in the Dynamic Asset Allocation or Balanced Advantage Fund category. The fund has rank of 14 out of 22 funds in the category. The fund has delivered return of 14.27% in 1 year, 13.96% in 3 years, 11.44% in 5 years and 7.52% in 10 years. The category average for the same periods is 17.5%, 11.62%, 12.7% and 9.92% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 11.99, VaR of -11.71, Average Drawdown of -3.37, Semi Deviation of 7.28 and Max Drawdown of -6.3. The category average for the same parameters is 7.66, -7.94, -2.83, 5.28 and -6.17 respectively. The fund has high risk in the category.

Key Points:

  1. An investment of ₹10,000 in Bank of India Balanced Advantage Fund direct growth option would have grown to ₹11544.0 in 1 year, ₹15230.0 in 3 years and ₹17881.0 in 5 years as of today (02-12-2024).
  2. An SIP of ₹1,000 per month in Bank of India Balanced Advantage Fund direct growth option would have grown to ₹12340.0 in 1 year, ₹44833.0 in 3 years and ₹85357.0 in 5 years as of today (02-12-2024).
  3. standard deviation of 11.99 and based on VaR one can expect to lose more than -11.71% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.56 which shows good performance of fund in the dynamic asset allocation or balanced advantage fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.29
1.07
-2.12 | 2.38 31 | 34 Poor
3M Return % -3.52
-1.35
-7.44 | 1.43 29 | 34 Poor
6M Return % -0.90
4.58
-2.97 | 8.87 33 | 34 Poor
1Y Return % 14.27
17.50
10.57 | 30.58 27 | 30 Poor
3Y Return % 13.96
11.62
7.01 | 22.23 2 | 22 Very Good
5Y Return % 11.44
12.70
10.00 | 20.20 12 | 17 Average
7Y Return % 7.47
10.27
7.47 | 15.56 12 | 12 Poor
10Y Return % 7.52
9.92
7.52 | 14.05 10 | 10 Poor
1Y SIP Return % 4.14
11.63
1.78 | 17.86 29 | 30 Poor
3Y SIP Return % 13.64
14.92
11.13 | 24.05 16 | 22 Average
5Y SIP Return % 13.07
14.14
10.53 | 24.40 11 | 17 Average
7Y SIP Return % 10.77
12.71
9.35 | 20.38 11 | 12 Poor
10Y SIP Return % 8.76
11.46
8.66 | 17.55 9 | 10 Average
Standard Deviation 11.99
7.66
5.08 | 11.99 22 | 22 Poor
Semi Deviation 7.28
5.28
3.57 | 7.78 21 | 22 Poor
Max Drawdown % -6.30
-6.17
-10.00 | -2.81 11 | 22 Good
VaR 1 Y % -11.71
-7.94
-13.51 | -3.49 21 | 22 Poor
Average Drawdown % -3.37
-2.83
-4.74 | -1.28 18 | 22 Average
Sharpe Ratio 0.56
0.60
0.03 | 1.57 12 | 22 Good
Sterling Ratio 0.86
0.74
0.40 | 1.62 5 | 22 Very Good
Sortino Ratio 0.35
0.32
0.03 | 0.96 8 | 22 Good
Return data last Updated On : Dec. 2, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.38 1.17 -2.03 | 2.48 31 | 34
3M Return % -3.26 -1.03 -7.11 | 1.65 29 | 34
6M Return % -0.36 5.26 -2.08 | 9.43 33 | 34
1Y Return % 15.44 19.02 11.96 | 32.54 27 | 30
3Y Return % 15.05 13.03 7.80 | 23.01 2 | 22
5Y Return % 12.33 14.04 10.81 | 20.94 14 | 17
7Y Return % 8.28 11.48 8.28 | 16.34 12 | 12
10Y Return % 8.25 11.03 8.25 | 14.80 10 | 10
1Y SIP Return % 5.27 13.09 3.70 | 19.66 29 | 30
3Y SIP Return % 14.75 16.33 11.91 | 24.84 18 | 22
5Y SIP Return % 14.06 15.49 11.33 | 25.19 11 | 17
7Y SIP Return % 11.65 13.92 10.13 | 21.12 11 | 12
10Y SIP Return % 9.55 12.59 9.40 | 18.29 9 | 10
Standard Deviation 11.99 7.66 5.08 | 11.99 22 | 22
Semi Deviation 7.28 5.28 3.57 | 7.78 21 | 22
Max Drawdown % -6.30 -6.17 -10.00 | -2.81 11 | 22
VaR 1 Y % -11.71 -7.94 -13.51 | -3.49 21 | 22
Average Drawdown % -3.37 -2.83 -4.74 | -1.28 18 | 22
Sharpe Ratio 0.56 0.60 0.03 | 1.57 12 | 22
Sterling Ratio 0.86 0.74 0.40 | 1.62 5 | 22
Sortino Ratio 0.35 0.32 0.03 | 0.96 8 | 22
Return data last Updated On : Dec. 2, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.40 ₹ 10,040.00 0.41 ₹ 10,041.00
1W 0.33 ₹ 10,033.00 0.35 ₹ 10,035.00
1M 0.29 ₹ 10,029.00 0.38 ₹ 10,038.00
3M -3.52 ₹ 9,648.00 -3.26 ₹ 9,674.00
6M -0.90 ₹ 9,910.00 -0.36 ₹ 9,964.00
1Y 14.27 ₹ 11,427.00 15.44 ₹ 11,544.00
3Y 13.96 ₹ 14,800.00 15.05 ₹ 15,230.00
5Y 11.44 ₹ 17,188.00 12.33 ₹ 17,881.00
7Y 7.47 ₹ 16,562.00 8.28 ₹ 17,451.00
10Y 7.52 ₹ 20,656.00 8.25 ₹ 22,102.00
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 4.14 ₹ 12,267.46 5.27 ₹ 12,339.60
3Y ₹ 36000 13.64 ₹ 44,121.60 14.75 ₹ 44,833.21
5Y ₹ 60000 13.07 ₹ 83,289.78 14.06 ₹ 85,357.38
7Y ₹ 84000 10.77 ₹ 123,295.20 11.65 ₹ 127,245.64
10Y ₹ 120000 8.76 ₹ 188,736.00 9.55 ₹ 196,821.60
15Y ₹ 180000 ₹ ₹


Date Bank Of India Balanced Advantage Fund NAV Regular Growth Bank Of India Balanced Advantage Fund NAV Direct Growth
02-12-2024 24.4379 26.205
29-11-2024 24.3403 26.0981
28-11-2024 24.2003 25.9473
27-11-2024 24.3886 26.1484
26-11-2024 24.323 26.0773
25-11-2024 24.3564 26.1124
22-11-2024 24.1484 25.8872
21-11-2024 23.82 25.5343
19-11-2024 23.996 25.7215
18-11-2024 23.9512 25.6727
14-11-2024 23.9742 25.6944
13-11-2024 23.9743 25.6937
12-11-2024 24.2204 25.9568
11-11-2024 24.4178 26.1675
08-11-2024 24.4331 26.1816
07-11-2024 24.5033 26.256
06-11-2024 24.6866 26.4494
05-11-2024 24.5234 26.2738
04-11-2024 24.3681 26.1067

Fund Launch Date: 21/Feb/2014
Fund Category: Dynamic Asset Allocation or Balanced Advantage
Investment Objective: The Scheme aims at generating long term returns with lower volatility by following adisciplined allocation between equity and debt securities. The equity allocation will bedetermined based on the month end P/E ratio of the Nifty 50 Index. There is no assurancethat the investment objectives of the Scheme will be realized and the Scheme does notassure or guarantee any returns.
Fund Description: An open ended dynamic asset allocation fund
Fund Benchmark: Nifty 50 Total Return Index (Total Return Index) - 50% & CRISIL Short Term Bond Fund Index - 50%
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.