Bank of India Balanced Advantage Fund Direct IDCW

Bank of India Balanced Advantage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Bank of India Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Saurabh Kataria, Piyush Baranwal is the Current Fund Manager of Bank of India Balanced Advantage Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹13,570 Cr and the Latest NAV as of 30 Oct 2025 is ₹16.77. The Bank of India Balanced Advantage Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 1%, if redeemed within 3 months. ;

Investment Objective

The scheme aims at generating long term returns with lower volatility by following a disciplined allocation between equity and debt securities. The equity allocation will be determined based on the month end P/E ratio of the CNX Nifty Index. ;