Bank of India Balanced Advantage Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Dynamic Asset Allocation or Balanced Advantage

Scheme Objective

BOI AXA Balanced Advantage Fund aims at providing long term capital appreciation / income from a dynamic mix of equity and debt investments.

Scheme Details

Fund manager(s) – Alok Singh
Launch date – 14-Mar-2014
Expense ratio – 0.96% as declared on 30-Sep-2025 (category average is 0.74%)
Benchmark - NIFTY 50 Hybrid Composite Debt 50:50 Index

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Bank of India Balanced Advantage Fund - Direct Plan - Growth charges 1.0% of sell value; if fund sold before 90 days. There are no other charges.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

141.38

0.00

0.00%

Sep - 2025	141.38	0.00%
Aug - 2025	138.66	0.00%
Jul - 2025	140.43	0.00%
Jun - 2025	143.22	0.00%
May - 2025	139.06	0.00%
Apr - 2025	134.23	0.00%
Mar - 2025	132.04	0.00%
Feb - 2025	125.13	0.00%
Jan - 2025	132.36	0.00%

2024

133.01

0.00

0.00%

Dec - 2024	133.01	0.00	0.00%
Nov - 2024	135.85	0.00	0.00%
Oct - 2024	135.02	0.00	0.00%
Sep - 2024	137.44	0.00	0.00%
Aug - 2024	139.94	0.00	0.00%
Jul - 2024	138.33	0.00	0.00%
Jun - 2024	133.45	0.00	0.00%
May - 2024	126.44	261663.35	0.05%
Apr - 2024	125.97	257500.49	0.05%
Mar - 2024	121.69	250603.06	0.05%
Feb - 2024	118.65	246673.49	0.05%
Jan - 2024	115.34	241918.12	0.05%

2023

114.59

235254.77

0.05%

Dec - 2023	114.59	235254.77	0.05%
Nov - 2023	106.69	223228.20	0.05%
Oct - 2023	102.16	213242.44	0.05%
Sep - 2023	104.16	215085.84	0.05%
Aug - 2023	101.55	210094.37	0.05%
Jul - 2023	103.66	206401.62	0.05%
Jun - 2023	100.24	200425.68	0.05%
May - 2023	98.09	195569.76	0.05%
Apr - 2023	93.75	192507.27	0.05%
Mar - 2023	89.92	187770.29	0.05%
Feb - 2023	90.71	187435.73	0.05%
Jan - 2023	92.23	188703.61	0.05%

2022

90.90

190406.67

0.05%

Dec - 2022	90.90	190406.67	0.05%
Nov - 2022	90.68	193104.25	0.05%
Oct - 2022	86.70	191220.35	0.05%
Sep - 2022	80.72	186349.02	0.04%
Aug - 2022	81.14	188580.43	0.04%
Jul - 2022	77.30	182966.27	0.04%
Jun - 2022	72.37	173882.07	0.04%
May - 2022	73.31	176067.23	0.04%
Apr - 2022	73.82	176046.08	0.04%
Mar - 2022	71.64	174563.65	0.04%
Feb - 2022	63.64	168964.69	0.04%
Jan - 2022	65.01	170062.94	0.04%

2021

65.29

165994.43

0.04%

Dec - 2021	65.29	165994.43	0.04%
Nov - 2021	59.52	159637.59	0.04%
Oct - 2021	61.25	156536.85	0.04%
Sep - 2021	62.15	144630.94	0.04%
Aug - 2021	63.80	136530.83	0.05%
Jul - 2021	64.07	117699.06	0.05%
Jun - 2021	65.85	113618.38	0.06%
May - 2021	68.65	110454.74	0.06%
Apr - 2021	68.42	104089.58	0.07%
Mar - 2021	71.23	102557.95	0.07%
Feb - 2021	72.69	100621.84	0.07%
Jan - 2021	76.09	92815.76	0.08%

2020

79.95

92760.66

0.09%

Dec - 2020	79.95	92760.66	0.09%
Nov - 2020	83.38	88709.84	0.09%
Oct - 2020	86.23	82243.03	0.10%
Sep - 2020	89.47	81551.71	0.11%
Aug - 2020	93.22	84255.30	0.11%
Jul - 2020	94.46	82070.20	0.12%
Jun - 2020	95.65	79927.49	0.12%
May - 2020	96.46	76631.57	0.13%
Apr - 2020	99.44	78596.37	0.13%
Mar - 2020	97.29	72460.78	0.13%
Feb - 2020	111.43	89173.14	0.12%
Jan - 2020	116.61	93324.69	0.12%

Tax Rate

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.

Contact Details

Bank of India Investment Managers Private Limited

B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013
Tel no.: 022-61249000
Fax no.: 022-61249001
Website.: www.boimf.in

Forum

NITINPIMPALE
MF Investment Help
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12 days ago

purchase unit will adjust difference in NAV 10.263 View more

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  purchase unit will adjust difference in NAV 10.263
  
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krishna_ksvs
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24 days ago

View more

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The Fixed Income
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4 days ago

Invest in Stability with Long-Term Growth! 9.41% INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 2037 ✔️ Coupon: 9.41% ✔️ Rating: CARE AAA Stable ✔️ Tenor: 11y 9m (Maturity: 27/Jul/2037) Secured Bond | PSU Bond | High Return Bond | Listed Enjoy a secure, government-backed investment with steady returns over the long term. ???? Explore on The Fixed Income :https://www.thefixedincome.com/product/dUJHdFp3PT0=/941-india-infrastructure-finance-company-limited-2037?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Invest in Stability with Long-Term Growth! 9.41% INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 2037 ✔️ Coupon: 9.41% ✔️ Rating: CARE AAA Stable ✔️ Tenor: 11y 9m (Maturity: 27/Jul/2037) Secured Bond | PSU Bond | High Return Bond | Listed Enjoy a secure, government-backed investment with steady returns over the long term. ???? Explore on The Fixed Income :https://www.thefixedincome.com/product/dUJHdFp3PT0=/941-india-infrastructure-finance-company-limited-2037?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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shravanashok
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74 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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  need your suggestion for sbi psu fund direct growth stay or switch
  
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ravisistla
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87 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

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  Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know.
  
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sunny85deol
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125 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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