|Min SIP Amount||N.A|
|NAV||₹10.60 (15 Jun 2021)|
|Fund Started||30 Dec 2019|
|Fund Size||₹204 Cr|
|Reliance Industries Ltd.||Energy||Equity||5.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||5.0%|
|HDFC Bank Ltd.||Financial||Equity||5.0%|
|ICICI Bank Ltd.||Financial||Equity||4.8%|
|National Bank For Agriculture & Rural Development||Financial||NCD||3.7%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||3.7%|
ITI Balanced Advantage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by . This scheme was made available to investors on 30 Dec 2019. Pradeep Gokhale is the Current Fund Manager of ITI Balanced Advantage Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹204 Cr and the Latest NAV as of 15 Jun 2021 is ₹10.60.
The ITI Balanced Advantage Fund Direct IDCW is rated Moderately High risk. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
The Scheme seeks capital appreciation by investing in equity and equity related securities and fixed income instruments. The allocation between equity instruments and fixed income will be managed dynamically so as to provide investors with long term capital appreciation.