Risk | Moderately High |
---|---|
Min SIP Amount | ₹500 |
Expense Ratio | 0.43% |
NAV | ₹9.39 (25 Jan 2021) |
---|---|
Fund Started | 30 Dec 2019 |
Fund Size | ₹202 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
Reliance Industries Ltd. | Energy | Equity | 9.7% |
Divi's Laboratories Ltd. | Healthcare | Equity | 7.3% |
Tata Motors Ltd. | Automobile | Equity | 7.0% |
Lupin Ltd. | Healthcare | Equity | 6.9% |
Federal Bank Ltd. | Financial | Equity | 6.0% |
DCB Bank Ltd. | Financial | Equity | 5.0% |
Mahindra & Mahindra Financial Services Ltd. | Financial | Equity | 5.0% |
Axis Bank Ltd. | Financial | Equity | 4.6% |
Bharti Airtel Ltd. | Communication | Equity | 4.0% |
Infosys Ltd. | Technology | Equity | 3.7% |
ITI Balanced Advantage Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹202 Cr and the Latest NAV as of 25 Jan 2021 is ₹9.39.
The ITI Balanced Advantage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. 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.