NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹25.56
-0.31%
NAV as on 06 Mar 26, 12:00 AM
very high risk
dynamic asset allocation
equity
NAV as on 06 Mar 26, 12:00 AM
very high risk
dynamic asset allocation
equity
11.71%p.a.
Last 1Y
11.11%p.a.
Last 3Y
10.18%p.a.
Last 5Y
8.14%p.a.
Since Inception
About Bank of India Balanced Advantage Fund -Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bank of India Balanced Advantage Fund -Growth scheme from Bank of India Mutual Fund. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Mar 2014, Bank of India Balanced Advantage Fund -Growth is Dynamic Asset Allocation fund of its category with 143.75 Cr fund under management as on Mar 2026. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- Bank of India Balanced Advantage Fund -Growth delivered 11.7% annual returns during the last year. It has delivered 8.1% average annual returns since the fund was launched.
- Bank of India Balanced Advantage Fund -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The Fund aims at providing long term capital appreciation / income from a dynamic mix of equity and debt investments. There is no assurance that the investment objectives of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Top 10 Holdings
Repo
5.32%
Net Receivables
3.14%
IRB InvIT Fund EQ
4.15%
India Grid Trust EQ
1.72%
CENTRAL GOVERNMENT LOAN 31568 GOI 18AP29 7.10 FV RS 100
1.79%
GOI Sec 7.18 14/08/2033
2.69%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR F24 7.68 BD 30AP29 FVRS1LAC
3.52%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 7.47 BD 05SP29 FVRS1LAC
3.49%
GOVERNMENT OF INDIA 35466 364 DAYS TBILL 15JN26 FV RS 100
0.34%
EXPORT IMPORT BANK OF INDIA SR AA02 7.35 BD 27JL28 FVRS1LAC
1.47%
Fund Managers
- Alok Singh (Dec 2021 - Present)
Key Information
View Scheme Document
Bank of India Balanced Advantage Fund -Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Bank of India Balanced Advantage Fund -Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Bank of India Balanced Advantage Fund -Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Bank of India Balanced Advantage Fund -Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
HDFC Balanced Advantage Fund -Growth
very high risk | hybrid (nc)
16.5%
HDFC Balanced Advantage Fund Payout Inc Dist cum Cap Wdrl Opt
very high risk | hybrid (nc)
0.0%
ICICI Prudential Balanced Advantage-Growth
very high risk | equity
12.8%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved