Bank of India Balanced Advantage Direct Payout of Income Dist cum Cap Wdrl
Bank of India Balanced Advantage Direct Payout of Income Dist cum Cap Wdrl

Bank of India Balanced Advantage Direct Payout of Income Dist cum Cap Wdrl

Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 11.4 as on 30-09-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-3.3%
5.3%
-1.1%
10.1%
9.3%
4.1%
Benchmark
-1.4%
6.4%
1.5%
2.3%
11.1%
8%
About the Fund

Bank of India Balanced Advantage Direct Payout of Income Dist cum Cap Wdrl is a hybrid fund. This fund was started on  14 March, 2014. The fund is managed by Alok Singh. This fund gives you the benefit of diversification.

Key parameters

1) Bank of India Balanced Advantage Direct Payout of Income Dist cum Cap Wdrl has a NAV of 11.4344 as on 30-09-2022.

2) Bank of India Balanced Advantage Direct Payout of Income Dist cum Cap Wdrl has 81 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 2.72 %.

Fund Overview

Expense ratio
Expense ratio
2.72%
Benchmark
Benchmark
AUM
AUM
₹81 Cr
Inception Date
Inception Date
14 March, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
70.45%

Fund Distribution

  • Equity 84.3%
  • Debt & Cash 15.7%
Size breakup
Large cap
78.9%
Mid cap
4%
Small cap
3.7%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

29.1%

Basic Materials

12.7%

Energy

11.5%

Utilities

9.2%

Industrial

8.5%

Consumer Cyclical

7.5%

Consumer Defensive

6.8%

Tech

6.6%

Health

5.9%

Real Estate

1.1%

Communication

1%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings62
Equity Holdings56
Debt Holdings6
Holdings
Weight%
Holdings Trend
1M Change
icon
Reliance Industries Ltd
8.02%
5.2%
icon
ICICI Bank Ltd
6.29%
8.5%
icon
HDFC Bank Ltd
5.2%
11.1%
icon
Net Receivables / (Payables)
4.2%
0%
icon
State Bank of India
3.82%
12.5%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 3.8 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 81.1 Cr
Jul'22
₹ 77.3 Cr
Jun'22
₹ 72.4 Cr

Fund Returns vs Benchmark

Aug'22
5.65%
5.19%
Jul'22
5.65%
5.19%
Jun'22
-2.72%
-2.34%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
62
62
60
Top 5 Company Concentration
27%
25.5%
26.7%
Company having highest exposure
Reliance Industries Ltd (8%)
Reliance Industries Ltd (7.6%)
Reliance Industries Ltd (8.8%)
No of Sectors
13
13
12
Top 5 Sectors Concentration
64.6%
62.3%
70.4%
Sector having highest exposure
Financial Services (24.5%)
Financial Services (21.9%)
Cash Equivalent (26%)

Fund Manager

Alok Singh

Alok Singh

Managing this fund since 1 December 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Bank of India Tax Advantage Fund Direct Plan Growth
24.7%
16.62%
Bank of India Balanced Advantage Direct Growth
9.38%
11.06%
Bank of India Arbitrage Fund Direct Growth
3.39%
3.84%

AMC details

Address
Bank of India Investment Managers Private Limited,B/204, Tower 1, Peninsula Corporate Park,,Ganpatrao Kadam Marg,,Lower Parel, Mumba
Phone
+912240479000
Fund House
Bank of India Investment Managers Private Limited

Fund Highlights

meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.72% since inception which is less than its category average return of 8.64%
Fund Allocations

Fund Allocations

This fund has an allocation of 84.27% in Equity, 3.82% in Debt and 11.91% in Cash related instruments
AUM size ₹81 Cr

AUM size ₹81 Cr

This fund has AUM of ₹81 Cr which is less than its category average of ₹ 7539 Cr
Expense Ratio 2.72%

Expense Ratio 2.72%

This fund has an expense ratio of 2.72% which is more than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of Bank of India Balanced Advantage Direct Payout of Income Dist cum Cap Wdrl is 11.3.
Existing (Absolute + CAGR)
Bank of India Balanced Advantage Direct Payout of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-3.5%
-3.5%
6 Month Returns
9.87%
9.87%
1 Year Returns
8.54%
8.54%
3 Years Returns
28.77%
8.79%
5 Years Returns
20.96%
3.88%
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2.72 as on September 2022
81 Cr as on September 2022
Reliance Industries Ltd(8.02%),ICICI Bank Ltd(6.29%),HDFC Bank Ltd(5.2%),State Bank of India(3.82%),India Grid Trust Units Series - IV(3.72%) as on September 2022
Financial Services(24.49%),Cash Equivalent(11.91%),Basic Materials(10.71%) as on September 2022
AAA
100
Alok Singh is the fund manager of Bank of India Balanced Advantage Direct Payout of Income Dist cum Cap Wdrl
The Exit load of Bank of India Balanced Advantage Direct Payout of Income Dist cum Cap Wdrl is 1%