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 11
BMSMONEY Rating
Gro. Opt. As On: 29-10-2024
NAV ₹24.62(R) +0.52% ₹26.37(D) +0.52%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 23.15% 14.16% 11.62% 7.51% 7.93%
LumpSum (D) 24.38% 15.24% 12.49% 8.31% 8.65%
SIP (R) 10.02% 15.46% 13.9% 11.21% 8.89%
SIP (D) 11.18% 16.57% 14.88% 12.08% 9.67%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.73 0.47 0.97 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
11.56% -10.13% -6.3% - 6.87%
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Hdfc Balanced Advantage Fund 1
Icici Prudential Balanced Advantage Fund 2
Axis Balanced Advantage Fund 3
SBI Balanced Advantage Fund 4
Nippon India Balanced Advantage Fund 5

NAV Date: 29-10-2024

Scheme Name NAV Rupee Change Percent Change
BANK OF INDIA BALANCED ADVANTAGE FUND DIRECT PLAN IDCW 15.93
0.0800
0.5200%
BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN IDCW 17.18
0.0900
0.5200%
BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN GROWTH 24.62
0.1300
0.5200%
BANK OF INDIA BALANCED ADVANTAGE FUND DIRECT PLAN GROWTH 26.37
0.1400
0.5200%

Review Date: 29-10-2024

Bank of India Balanced Advantage Fund has shown average performance in the Dynamic Asset Allocation or Balanced Advantage Fund category. The fund has rank of 11 out of 20 funds in the category. The fund has delivered return of 23.15% in 1 year, 14.16% in 3 years, 11.62% in 5 years and 7.93% in 10 years. The category average for the same periods is 23.6%, 11.44%, 12.85% and 10.35% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 11.56, VaR of -10.13, Average Drawdown of -3.24, Semi Deviation of 6.87 and Max Drawdown of -6.3. The category average for the same parameters is 7.32, -6.9, -2.48, 4.94 and -6.11 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 ₹12438.0 in 1 year, ₹15303.0 in 3 years and ₹18012.0 in 5 years as of today (29-10-2024).
  2. An SIP of ₹1,000 per month in Bank of India Balanced Advantage Fund direct growth option would have grown to ₹12715.0 in 1 year, ₹46008.0 in 3 years and ₹87093.0 in 5 years as of today (29-10-2024).
  3. standard deviation of 11.56 and based on VaR one can expect to lose more than -10.13% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.73 which shows average 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 % -3.87
-2.92
-7.25 | -0.61 28 | 34 Poor
3M Return % -2.50
-0.46
-6.30 | 2.30 30 | 34 Poor
6M Return % 3.12
6.77
-0.24 | 11.37 32 | 34 Poor
1Y Return % 23.15
23.60
16.96 | 44.28 15 | 30 Good
3Y Return % 14.16
11.44
6.66 | 21.47 2 | 20 Very Good
5Y Return % 11.62
12.85
10.06 | 20.64 12 | 17 Average
7Y Return % 7.51
10.16
7.51 | 15.36 12 | 12 Poor
10Y Return % 7.93
10.35
7.93 | 14.75 10 | 10 Poor
1Y SIP Return % 10.02
15.16
5.56 | 21.59 29 | 30 Poor
3Y SIP Return % 15.46
15.64
10.86 | 25.52 10 | 20 Good
5Y SIP Return % 13.90
14.54
10.50 | 25.15 10 | 17 Good
7Y SIP Return % 11.21
12.92
9.24 | 20.67 9 | 12 Average
10Y SIP Return % 8.89
11.21
8.21 | 17.34 9 | 10 Average
Standard Deviation 11.56
7.32
4.71 | 11.56 20 | 20 Poor
Semi Deviation 6.87
4.94
3.24 | 7.09 19 | 20 Poor
Max Drawdown % -6.30
-6.11
-10.45 | -1.47 11 | 20 Average
VaR 1 Y % -10.13
-6.90
-11.22 | -3.49 19 | 20 Poor
Average Drawdown % -3.24
-2.48
-3.78 | -1.00 17 | 20 Poor
Sharpe Ratio 0.73
0.75
0.09 | 1.59 12 | 20 Average
Sterling Ratio 0.97
0.82
0.43 | 1.65 4 | 20 Very Good
Sortino Ratio 0.47
0.41
0.05 | 0.94 5 | 20 Very Good
Return data last Updated On : Oct. 29, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -3.79 -2.82 -7.16 | -0.58 28 | 34
3M Return % -2.23 -0.14 -5.95 | 2.48 30 | 34
6M Return % 3.67 7.47 0.68 | 12.06 32 | 34
1Y Return % 24.38 25.21 17.80 | 46.44 16 | 30
3Y Return % 15.24 12.83 7.45 | 22.25 2 | 20
5Y Return % 12.49 14.20 10.88 | 21.39 14 | 17
7Y Return % 8.31 11.37 8.29 | 16.15 11 | 12
10Y Return % 8.65 11.47 8.65 | 15.50 10 | 10
1Y SIP Return % 11.18 16.68 7.56 | 23.07 29 | 30
3Y SIP Return % 16.57 17.03 11.64 | 26.32 10 | 20
5Y SIP Return % 14.88 15.88 11.31 | 25.93 12 | 17
7Y SIP Return % 12.08 14.13 10.01 | 21.41 11 | 12
10Y SIP Return % 9.67 12.34 8.94 | 18.07 9 | 10
Standard Deviation 11.56 7.32 4.71 | 11.56 20 | 20
Semi Deviation 6.87 4.94 3.24 | 7.09 19 | 20
Max Drawdown % -6.30 -6.11 -10.45 | -1.47 11 | 20
VaR 1 Y % -10.13 -6.90 -11.22 | -3.49 19 | 20
Average Drawdown % -3.24 -2.48 -3.78 | -1.00 17 | 20
Sharpe Ratio 0.73 0.75 0.09 | 1.59 12 | 20
Sterling Ratio 0.97 0.82 0.43 | 1.65 4 | 20
Sortino Ratio 0.47 0.41 0.05 | 0.94 5 | 20
Return data last Updated On : Oct. 29, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.52 ₹ 10,052.00 0.52 ₹ 10,052.00
1W 0.02 ₹ 10,002.00 0.04 ₹ 10,004.00
1M -3.87 ₹ 9,613.00 -3.79 ₹ 9,621.00
3M -2.50 ₹ 9,750.00 -2.23 ₹ 9,777.00
6M 3.12 ₹ 10,312.00 3.67 ₹ 10,367.00
1Y 23.15 ₹ 12,315.00 24.38 ₹ 12,438.00
3Y 14.16 ₹ 14,878.00 15.24 ₹ 15,303.00
5Y 11.62 ₹ 17,323.00 12.49 ₹ 18,012.00
7Y 7.51 ₹ 16,605.00 8.31 ₹ 17,489.00
10Y 7.93 ₹ 21,442.00 8.65 ₹ 22,927.00
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 10.02 ₹ 12,641.18 11.18 ₹ 12,714.52
3Y ₹ 36000 15.46 ₹ 45,286.02 16.57 ₹ 46,008.40
5Y ₹ 60000 13.90 ₹ 85,019.34 14.88 ₹ 87,093.30
7Y ₹ 84000 11.21 ₹ 125,248.70 12.08 ₹ 129,195.95
10Y ₹ 120000 8.89 ₹ 190,064.76 9.67 ₹ 198,069.36
15Y ₹ 180000 ₹ ₹


Date Bank Of India Balanced Advantage Fund NAV Regular Growth Bank Of India Balanced Advantage Fund NAV Direct Growth
29-10-2024 24.6217 26.3737
28-10-2024 24.4953 26.2375
25-10-2024 24.3907 26.1233
24-10-2024 24.5992 26.3458
23-10-2024 24.5872 26.3323
22-10-2024 24.6159 26.3622
21-10-2024 24.8751 26.639
18-10-2024 24.9394 26.7056
17-10-2024 24.8507 26.6098
16-10-2024 25.019 26.7892
15-10-2024 25.0751 26.8485
14-10-2024 25.142 26.9193
11-10-2024 25.0378 26.8054
10-10-2024 25.0482 26.8158
09-10-2024 25.0186 26.7833
08-10-2024 25.0273 26.7918
07-10-2024 24.8408 26.5914
04-10-2024 25.0705 26.835
03-10-2024 25.235 27.0103
01-10-2024 25.6145 27.4148
30-09-2024 25.6137 27.4131

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.