|Min SIP Amount||₹500|
|NAV||₹8.82 (27 Oct 2020)|
|Fund Started||30 Dec 2019|
|Fund Size||₹195 Cr|
|HDFC Bank Ltd.||Financial||Fixed Deposits||11.3%|
|Reliance Industries Ltd.||Energy||NCD||10.7%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||10.6%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.5%|
|Bharti Airtel Ltd.||Communication||Equity||3.1%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.1%|
|HDFC Bank Ltd.||Financial||Fixed Deposits||2.6%|
|Bharat Petroleum Corpn. Ltd.||Energy||Equity||1.4%|
|Hindustan Unilever Ltd.||FMCG||Equity||1.2%|
ITI Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by ITI Mutual Fund. 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 ₹195 Cr and the Latest NAV as of 27 Oct 2020 is ₹8.82.
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.