Bank of India Balanced Advantage Fund
The fund has significantly de-risked by cutting cash equivalents from 25.4% to a combined 16.8% (cash plus money market instruments), signaling reduced equity conviction after a strong market run. The introduction of TREPS as its largest holding alongside elevated government securities exposure reflects a cautious stance favoring liquidity and credit safety over growth equities. The modest 61% equity allocation, concentrated in quality financials and infrastructure, suggests the manager is protecting against downside while maintaining participation in stable dividend-paying sectors.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹25.7073 | -1.26% | +4.41% | +10.26% | +10.40% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| 8.95% Vedanta Limited (16/03/2029) | 1.30% |
| 182 Days Tbill (MD 22/10/2026) | 0.08% |
| TREPS | 12.70% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | NIFTY May 2026 Future | 14.36%(der) |
| 2 | TREPS | 12.70% |
| 3 | Reliance Industries Limited INE002A01018 | 4.93% |
| 4 | IRB InvIT Fund INE183W23014 | 3.81% |
| 5 | ICICI Bank Limited INE090A01021 | 3.81% |
| 6 | 7.68% National Bank For Agriculture and Rural Development (30/04/2029) INE261F08EG3 | 3.27% |
| 7 | 7.47% Small Industries Dev Bank of India (05/09/2029) ** INE556F08KR0 | 3.25% |
| 8 | HDFC Bank Limited INE040A01034 | 3.05% |
| 9 | 364 Days Tbill (MD 11/06/2026) IN002025Z112 | 2.89% |
| 10 | 7.37% Indian Railway Finance Corporation Limited (31/07/2029) ** INE053F08411 | 2.61% |
| 11 | Bharti Airtel Limited INE397D01024 | 2.53% |
| 12 | State Bank of India INE062A01020 | 2.31% |
| 13 | Adani Ports and Special Economic Zone Limited INE742F01042 | 2.29% |
| 14 | NTPC Limited INE733E01010 | 2.07% |
| 15 | Shriram Finance Limited INE721A01047 | 2.04% |
| 16 | ITC Limited INE154A01025 | 1.98% |
| 17 | 7.6% Torrent Pharmaceuticals Limited (19/01/2029) INE685A07157 | 1.94% |
| 18 | IndiGrid Infrastructure Trust INE219X23014 | 1.70% |
| 19 | 7.1% Government of India (18/04/2029) IN0020220011 | 1.67% |
| 20 | 8.9% Muthoot Finance Limited (07/10/2027) ** INE414G07JI3 | 1.65% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Bank of India Balanced Advantage Fund hold?
Bank of India Balanced Advantage Fund holds 70 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 19.07% of NAV.
What is the largest holding in Bank of India Balanced Advantage Fund?
The largest position in Bank of India Balanced Advantage Fund is TREPS, accounting for 12.70% of NAV.
Is Bank of India Balanced Advantage Fund a concentrated or diversified fund?
With a Gini coefficient of 0.425, Bank of India Balanced Advantage Fund is well-diversified. The HHI concentration index is 17,715 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 19.07% of the portfolio.
What is the market cap allocation of Bank of India Balanced Advantage Fund?
Based on SEBI's AMFI classification, Bank of India Balanced Advantage Fund's equity portfolio is split as: Large Cap: 58.22%, Mid Cap: 0.00%, Small Cap: 0.00%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bank of India Balanced Advantage Fund invest in most?
Bank of India Balanced Advantage Fund has the highest allocation to Banks (12.24%), CRISIL AAA (9.13%), Transport Infrastructure (6.10%). The fund is invested across 31 sectors in total.
How actively managed is Bank of India Balanced Advantage Fund compared to other Dynamic Asset Allocation Fund funds?
Bank of India Balanced Advantage Fund has an Active Share of 50.07%, classifying it as "Active Stock Picker" among 35 Dynamic Asset Allocation Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Bank of India Balanced Advantage Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bank of India Balanced Advantage Fund added 3 new stocks (including 8.95% Vedanta Limited (16/03/2029)). Total holding count increased from 69 to 72 stocks.