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

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

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Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 12.3 as on 02-12-2022

Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 6K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
2.6%
5.2%
10.2%
18.4%
11.5%
5.6%
Benchmark
1.8%
3.2%
8.3%
6.5%
11.7%
8.4%
About the Fund

Bank of India Balanced Advantage Direct Reinvestment 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 Reinvestment of Income Dist cum Cap Wdrl has a NAV of 12.3316 as on 02-12-2022.

2) Bank of India Balanced Advantage Direct Reinvestment of Income Dist cum Cap Wdrl has 87 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 1.78 %.

Fund Overview

Expense ratio
Expense ratio
1.78%
Benchmark
Benchmark
AUM
AUM
₹87 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
63.86%

Fund Distribution

  • Equity 86.5%
  • Debt & Cash 13.5%
Size breakup
Large cap
81.3%
Mid cap
3.8%
Small cap
3.6%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

31.8%

Energy

13.2%

Basic Materials

10.3%

Industrial

8.7%

Utilities

7.7%

Consumer Cyclical

7.7%

Tech

7.2%

Consumer Defensive

6.5%

Health

4.2%

Real Estate

1.5%

Communication

1.4%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings60
Equity Holdings55
Debt Holdings5

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 6 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 86.7 Cr
Sep'22
₹ 80.7 Cr
Aug'22
₹ 81.1 Cr

Fund Returns vs Benchmark

Oct'22
5.65%
5.19%
Sep'22
-3.29%
-1.39%
Aug'22
3.10%
2.56%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
60
60
62
Top 5 Company Concentration
28.7%
29.2%
27%
Company having highest exposure
Reliance Industries Ltd (8.1%)
Reliance Industries Ltd (8.2%)
Reliance Industries Ltd (8%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
63.9%
62.9%
64.6%
Sector having highest exposure
Financial Services (27.5%)
Financial Services (27.9%)
Financial Services (24.5%)

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 Balanced Advantage Direct Growth
11.64%
11.65%
Bank of India Tax Advantage Fund Direct Plan Growth
25.64%
17.57%
Bank of India Arbitrage Fund Direct Growth
3.27%
3.73%

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

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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 7.51% since inception which is less than its category average return of 9.66%
Fund Allocations

Fund Allocations

This fund has an allocation of 86.55% in Equity, 4.85% in Debt and 8.6% in Cash related instruments
AUM size ₹87 Cr

AUM size ₹87 Cr

This fund has AUM of ₹87 Cr which is less than its category average of ₹ 7645 Cr
Expense Ratio 1.78%

Expense Ratio 1.78%

This fund has an expense ratio of 1.78% 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 Reinvestment of Income Dist cum Cap Wdrl is 12.33.
Existing (Absolute + CAGR)
Bank of India Balanced Advantage Direct Reinvestment of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
2.56%
2.56%
6 Month Returns
10.21%
10.21%
1 Year Returns
18.37%
18.37%
3 Years Returns
38.78%
11.54%
5 Years Returns
31.33%
5.6%
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1.78 as on November 2022
87 Cr as on November 2022
Reliance Industries Ltd(8.14%),ICICI Bank Ltd(6.82%),HDFC Bank Ltd(6.19%),State Bank of India(4.09%),India Grid Trust Units Series - IV(3.5%) as on November 2022
Financial Services(27.49%),Energy(11.44%),Basic Materials(8.9%) as on November 2022
AAA
100
Alok Singh is the fund manager of Bank of India Balanced Advantage Direct Reinvestment of Income Dist cum Cap Wdrl
The Exit load of Bank of India Balanced Advantage Direct Reinvestment of Income Dist cum Cap Wdrl is 1%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.