How to Invest in ITI Balanced Advantage Fund Direct Growth?

You can easily invest in ITI Balanced Advantage Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for ITI Balanced Advantage Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in ITI Balanced Advantage Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ITI Balanced Advantage Fund Direct Growth provide?

The ITI Balanced Advantage Fund Direct Growth has been there from 31 Dec 2019 and the average annual returns provided by this fund is -1.64% since its inception.

How much expense ratio is charged by ITI Balanced Advantage Fund Direct Growth?

The term Expense Ratio used for ITI Balanced Advantage Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of ITI Balanced Advantage Fund Direct Growth is 0.35% as of 21 Mar 2023...

What is the AUM of ITI Balanced Advantage Fund Direct Growth?

The AUM, short for Assets Under Management of ITI Balanced Advantage Fund Direct Growth is ₹452.55Cr as of 21 Mar 2023.

How to Redeem ITI Balanced Advantage Fund Direct Growth?

If you want to sell your ITI Balanced Advantage Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of ITI Balanced Advantage Fund Direct Growth?

You can select either SIP or Lumpsum investment of ITI Balanced Advantage Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of ITI Balanced Advantage Fund Direct Growth?

The NAV of ITI Balanced Advantage Fund Direct Growth is ₹11.06 as of 20 Mar 2023.

What is the PE and PB ratio of ITI Balanced Advantage Fund Direct Growth?

The PE ratio ratio of ITI Balanced Advantage Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

ITI Balanced Advantage Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

ITI Balanced Advantage Fund Direct Growth
Hybrid
Dynamic Asset Allocation
Moderately High Risk
12.18%
3Y annualised
-0.30% 1D
1M
6M
1Y
3Y
All
 NAV: 20 Mar 2023₹11.06
Min. SIP amount₹500
RatingNA
Fund size₹452.55Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA-1.6%12.2%3.2%
Category averageNA1.9%14.7%NA
Rank with in categoryNA2621NA
Understand terms
Holdings (59)NameSectorInstrumentAssets
GOISovereignGOI Sec7.0%
Reliance Industries Ltd.EnergyEquity6.2%
Maruti Suzuki India Ltd.AutomobileEquity5.7%
Reserve Bank of India
FinancialT-Bills5.5%
Reserve Bank of India
FinancialT-Bills5.4%
Housing Development Finance Corporation Ltd.FinancialCP5.1%
Tata Consultancy Services Ltd.TechnologyEquity5.0%
HDFC Bank Ltd.FinancialEquity4.4%
ICICI Bank Ltd.FinancialEquity3.7%
National Bank For Agriculture & Rural Development
FinancialDebenture3.0%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
Cons
Lower expense ratio: 0.35%
Consistently lower annualised returns than category average for the past 1Y and 3Y
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
28 Feb 2023 - Present
0.35%
31 Jan 2023 - 28 Feb 2023
0.35%
31 Dec 2022 - 31 Jan 2023
0.35%
31 Dec 2022 - 31 Dec 2022
0.35%
30 Nov 2022 - 31 Dec 2022
0.35%
30 Nov 2022 - 30 Nov 2022
0.35%
30 Nov 2022 - 30 Nov 2022
0.35%
31 Oct 2022 - 30 Nov 2022
0.35%
31 Oct 2022 - 31 Oct 2022
0.35%
31 Oct 2022 - 31 Oct 2022
0.35%
31 Oct 2022 - 31 Oct 2022
0.35%
30 Sep 2022 - 31 Oct 2022
0.35%
30 Sep 2022 - 30 Sep 2022
0.35%
30 Sep 2022 - 30 Sep 2022
0.35%
31 Aug 2022 - 30 Sep 2022
0.39%
31 Aug 2022 - 31 Aug 2022
0.39%
31 Jul 2022 - 31 Aug 2022
0.50%
31 Jul 2022 - 31 Jul 2022
0.50%
30 Jun 2022 - 31 Jul 2022
0.50%
30 Jun 2022 - 30 Jun 2022
0.50%
31 May 2022 - 30 Jun 2022
0.50%
31 May 2022 - 31 May 2022
0.50%
30 Apr 2022 - 31 May 2022
0.50%
30 Apr 2022 - 30 Apr 2022
0.50%
31 Mar 2022 - 30 Apr 2022
0.50%
31 Mar 2022 - 31 Mar 2022
0.50%
28 Feb 2022 - 31 Mar 2022
0.50%
28 Feb 2022 - 28 Feb 2022
0.50%
31 Jan 2022 - 28 Feb 2022
0.50%
31 Dec 2021 - 31 Jan 2022
0.44%
30 Nov 2021 - 31 Dec 2021
0.44%
31 Oct 2021 - 30 Nov 2021
0.44%
30 Sep 2021 - 31 Oct 2021
0.44%
31 Aug 2021 - 30 Sep 2021
0.44%
31 Jul 2021 - 31 Aug 2021
0.44%
30 Jun 2021 - 31 Jul 2021
0.44%
31 May 2021 - 30 Jun 2021
0.44%
30 Apr 2021 - 31 May 2021
0.43%
31 Mar 2021 - 30 Apr 2021
0.43%
28 Feb 2021 - 31 Mar 2021
0.43%
31 Jan 2021 - 28 Feb 2021
0.43%
31 Dec 2020 - 31 Jan 2021
0.43%
30 Nov 2020 - 31 Dec 2020
0.43%
31 Oct 2020 - 30 Nov 2020
0.43%
30 Sep 2020 - 31 Oct 2020
0.43%
31 Aug 2020 - 30 Sep 2020
0.43%
31 Jul 2020 - 31 Aug 2020
0.43%
30 Jun 2020 - 31 Jul 2020
0.43%
31 May 2020 - 30 Jun 2020
0.43%
30 Apr 2020 - 31 May 2020
0.43%
31 Mar 2020 - 30 Apr 2020
0.41%
29 Feb 2020 - 31 Mar 2020
0.43%
31 Jan 2020 - 29 Feb 2020
0.40%
31 Dec 2019 - 31 Jan 2020
0.40%
Expense ratio, exit load and taxExpense ratio: 0.35%Inclusive of GST
Exit loadFor units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementDhimant Shah
Aug 2022 - Present
View details
Education
Mr. Shah is a B.Com (H) and Chartered Accountant.
Experience
Prior to joining Principal Mutual Fund as a Senior Fund Manager he has worked with HSBC AMC, Reliance Mutual Fund, ASK Raymond James Securities Pvt. Ltd. and IL&FS AMC. Senior Analyst from April 1997 to August 2003.
Also manages these schemes
Sundaram Dividend Yield Fund Growth
Sundaram Dividend Yield Fund IDCW Half Yearly
Principal Focused Multicap Fund - Half Yearly Dividend
Sundaram Focused Growth
Principal Emerging Bluechip Fund Growth
Principal Emerging Bluechip Fund IDCW Half Yearly
Principal Dividend Yield Fund Direct-Dividend Half Yearly
Principal Dividend Yield Fund Direct-Growth
Principal Emerging Bluechip Fund Direct IDCW Half Yearly
Principal Emerging Bluechip Fund Direct Growth
Sundaram Focused Fund Direct Growth
Principal Focused Multicap Fund - Direct - Half Yearly Dividend
ITI Multi Cap Fund Direct Growth
ITI Multi Cap Fund Regular Growth
ITI Multi Cap Fund Regular IDCW
ITI Multi Cap Fund Direct IDCW
ITI Long Term Equity Fund Direct Growth
ITI Long Term Equity Fund Direct IDCW
ITI Long Term Equity Fund Regular IDCW
ITI Long Term Equity Fund Regular Growth
ITI Balanced Advantage Fund Regular IDCW
ITI Balanced Advantage Fund Regular Growth
ITI Balanced Advantage Fund Direct IDCW
ITI Balanced Advantage Fund Direct Growth
ITI Small Cap Fund Direct IDCW
ITI Small Cap Fund Regular IDCW
ITI Small Cap Fund Direct Growth
ITI Small Cap Fund Regular Growth
ITI Large Cap Fund Regular Growth
ITI Large Cap Fund Direct IDCW
ITI Large Cap Fund Direct Growth
ITI Large Cap Fund Regular IDCW
ITI Mid Cap Fund Direct IDCW
ITI Mid Cap Fund Regular Growth
ITI Mid Cap Fund Direct Growth
ITI Mid Cap Fund Regular IDCW
ITI Value Fund Direct Growth
ITI Value Fund Regular Growth
ITI Pharma and Healthcare Fund Direct Growth
ITI Pharma and Healthcare Fund Regular Growth
ITI Banking and Financial Services Fund Direct Growth
ITI Banking and Financial Services Fund Regular Growth
ITI Conservative Hybrid Fund Direct Growth
Vikrant Mehta
Feb 2022 - Present
View details
Education
Mr. Mehta is CFA and M.S.
Experience
Prior to joining ITI Mutual Fund, he has worked with Indiabulls AMC, Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
Also manages these schemes
Indiabulls Liquid Fund Growth
Indiabulls Liquid Fund IDCW Daily
Indiabulls Liquid Fund IDCW Weekly
Indiabulls Liquid Fund IDCW Fortnightly
Indiabulls Liquid Fund IDCW Monthly
Indiabulls Ultra Short Term Fund Growth
Indiabulls Ultra Short Term Fund IDCW Weekly
Indiabulls Ultra Short Term Fund IDCW Fortnightly
Indiabulls Ultra Short Term Fund IDCW Monthly
Indiabulls Ultra Short Term Fund IDCW Daily
Indiabulls Liquid Direct Fund Growth
Indiabulls Liquid Direct Fund IDCW Daily
Indiabulls Liquid Direct Fund IDCW Weekly
Indiabulls Liquid Direct Fund IDCW Fortnightly
Indiabulls Liquid Direct Fund IDCW Monthly
Indiabulls Ultra Short Term Direct Fund Growth
Indiabulls Ultra Short Term Direct Fund IDCW Daily
Indiabulls Ultra Short Term Direct Fund IDCW Weekly
Indiabulls Ultra Short Term Direct Fund IDCW Fortnightly
Indiabulls Ultra Short Term Direct Fund IDCW Monthly
Indiabulls Income Fund Direct Growth
Indiabulls Income Fund Direct IDCW Monthly
Indiabulls Income Fund Direct IDCW Quarterly
Indiabulls Income Fund Direct IDCW Half Yearly
Indiabulls Income Fund Regular IDCW Half Yearly
Indiabulls Income Fund Regular Growth
Indiabulls Income Fund Regular IDCW Monthly
Indiabulls Income Fund Regular IDCW Quarterly
Indiabulls Short Term Fund Direct Growth
Indiabulls Short Term Fund Direct IDCW Weekly
Indiabulls Short Term Fund Direct IDCW Fortnightly
Indiabulls Short Term Fund Direct IDCW Monthly
Indiabulls Short Term Fund Regular Growth
Indiabulls Short Term Fund Regular IDCW Weekly
Indiabulls Short Term Fund Regular IDCW Fortnightly
Indiabulls Short Term Fund Regular IDCW Monthly
Indiabulls Arbitrage Fund Direct Growth
Indiabulls Arbitrage Fund Regular Growth
Indiabulls Value Fund Direct Growth
Indiabulls Value Fund Direct IDCW
Indiabulls Value Fund Regular Growth
Indiabulls Value Fund Regular IDCW
Indiabulls Savings Income Fund Direct Growth
Indiabulls Savings Income Fund Direct IDCW Monthly
Indiabulls Savings Income Fund Regular IDCW Monthly
Indiabulls Savings Income Fund Regular Growth
Indiabulls Arbitrage Fund Direct IDCW Monthly
Indiabulls Arbitrage Fund Regular IDCW Monthly
Indiabulls Arbitrage Fund Direct IDCW Quarterly
Indiabulls Arbitrage Fund Regular IDCW Quarterly
Indiabulls Arbitrage Fund Direct IDCW Half Yearly
Indiabulls Arbitrage Fund Regular IDCW Half Yearly
Indiabulls Arbitrage Fund Direct IDCW Yearly
Indiabulls Arbitrage Fund Regular IDCW Yearly
Indiabulls Value Fund Direct IDCW Monthly
Indiabulls Value Fund Regular IDCW Monthly
Indiabulls Value Fund Direct IDCW Quarterly
Indiabulls Value Fund Regular IDCW Quarterly
Indiabulls Value Fund Direct IDCW Half Yearly
Indiabulls Value Fund Regular IDCW Half Yearly
Indiabulls Tax Savings Fund Direct IDCW
Indiabulls Tax Savings Fund Direct Growth
Indiabulls Tax Savings Fund Regular IDCW
Indiabulls Tax Savings Fund Regular Growth
Indiabulls Savings Income Fund Regular IDCW Quarterly
Indiabulls Savings Fund Direct Growth
Indiabulls Savings Fund Regular Growth
Indiabulls Dynamic Bond Fund Direct Growth
Indiabulls Dynamic Bond Fund Regular Growth
Indiabulls Dynamic Bond Fund Direct IDCW Monthly
Indiabulls Dynamic Bond Fund Regular IDCW Monthly
Indiabulls Dynamic Bond Fund Regular IDCW Daily
Indiabulls Dynamic Bond Fund Regular IDCW Weekly
Indiabulls Dynamic Bond Fund Direct IDCW Fortnightly
Indiabulls Dynamic Bond Fund Direct IDCW Daily
Indiabulls Dynamic Bond Fund Direct IDCW Weekly
Indiabulls Dynamic Bond Fund Regular IDCW Fortnightly
Indiabulls Equity Hybrid Fund Direct Growth
Indiabulls Equity Hybrid Fund Direct IDCW
Indiabulls Equity Hybrid Fund Direct IDCW Quarterly
Indiabulls Equity Hybrid Fund Direct IDCW Half Yearly
Indiabulls Equity Hybrid Fund Regular IDCW
Indiabulls Equity Hybrid Fund Regular IDCW Monthly
Indiabulls Equity Hybrid Fund Regular Growth
Indiabulls Equity Hybrid Fund Direct IDCW Monthly
Indiabulls Equity Hybrid Fund Regular IDCW Quarterly
Indiabulls Equity Hybrid Fund Regular IDCW Half Yearly
Indiabulls Nifty 50 ETF
ITI Liquid Fund Regular Growth
ITI Liquid Fund Regular IDCW Daily
ITI Liquid Fund Regular IDCW Fortnightly
ITI Liquid Fund Regular IDCW Monthly
ITI Liquid Fund Direct Growth
ITI Liquid Fund Direct IDCW Daily
ITI Liquid Fund Direct IDCW Weekly
ITI Liquid Fund Direct IDCW Fortnightly
ITI Liquid Fund Direct IDCW Yearly
ITI Liquid Fund Regular IDCW Yearly
ITI Liquid Fund Direct IDCW Monthly
ITI Liquid Fund Regular IDCW Weekly
Indiabulls Banking And PSU Debt Fund Direct Growth
Indiabulls Banking And PSU Debt Fund Direct IDCW Weekly
Indiabulls Banking And PSU Debt Fund Regular Growth
Indiabulls Banking And PSU Debt Fund Regular IDCW Daily
Indiabulls Overnight Fund Direct Growth
Indiabulls Overnight Fund Direct IDCW Weekly
Indiabulls Overnight Fund Direct IDCW Fortnightly
Indiabulls Overnight Fund Direct IDCW Monthly
Indiabulls Overnight Fund Regular Growth
Indiabulls Overnight Fund Regular IDCW Daily
Indiabulls Overnight Fund Regular IDCW Weekly
Indiabulls Overnight Fund Regular IDCW Fortnightly
Indiabulls Overnight Fund Direct IDCW Daily
Indiabulls Overnight Fund Regular IDCW Monthly
ITI Arbitrage Fund Direct IDCW
ITI Arbitrage Fund Regular IDCW
ITI Arbitrage Fund Direct Growth
ITI Arbitrage Fund Regular Growth
ITI Overnight Fund Direct IDCW Yearly
ITI Overnight Fund Direct IDCW Daily
ITI Overnight Fund Regular IDCW Daily
ITI Overnight Fund Direct IDCW Fortnightly
ITI Overnight Fund Direct IDCW Weekly
ITI Overnight Fund Regular IDCW Weekly
ITI Overnight Fund Direct Growth
ITI Overnight Fund Regular Growth
ITI Overnight Fund Regular IDCW Yearly
ITI Overnight Fund Regular IDCW Fortnightly
ITI Overnight Fund Direct IDCW Monthly
ITI Overnight Fund Regular IDCW Monthly
ITI Balanced Advantage Fund Regular IDCW
ITI Balanced Advantage Fund Regular Growth
ITI Balanced Advantage Fund Direct IDCW
ITI Balanced Advantage Fund Direct Growth
Indiabulls Liquid Unclaimed Unclaimed Redemption Upto 3 yrs
Indiabulls Liquid Unclaimed Unclaimed IDCW Upto 3 yrs
Indiabulls Liquid Unclaimed Unclaimed Redemption Above 3 yrs
Indiabulls Liquid Unclaimed Unclaimed IDCW Above 3 yrs
Indiabulls Multi Cap Fund Direct Growth
Indiabulls Multi Cap Fund Direct IDCW
Indiabulls Multi Cap Fund Regular Growth
Indiabulls Multi Cap Fund Regular IDCW
ITI Banking & PSU Debt Fund Regular IDCW
ITI Banking & PSU Debt Fund Direct Growth
ITI Banking & PSU Debt Fund Regular Growth
ITI Banking & PSU Debt Fund Direct IDCW
ITI Ultra Short Duration Fund Regular Growth
ITI Ultra Short Duration Fund Regular IDCW Weekly
ITI Ultra Short Duration Fund Direct IDCW Fortnightly
ITI Ultra Short Duration Fund Direct IDCW Yearly
ITI Ultra Short Duration Fund Direct IDCW Daily
ITI Ultra Short Duration Fund Regular IDCW Fortnightly
ITI Ultra Short Duration Fund Regular IDCW Daily
ITI Ultra Short Duration Fund Direct Growth
ITI Ultra Short Duration Fund Regular IDCW Monthly
ITI Ultra Short Duration Fund Direct IDCW Weekly
ITI Ultra Short Duration Fund Direct IDCW Monthly
ITI Ultra Short Duration Fund Regular IDCW Yearly
ITI Dynamic Bond Fund Regular Growth
ITI Dynamic Bond Fund Regular IDCW Monthly
ITI Dynamic Bond Fund Direct IDCW Monthly
ITI Dynamic Bond Fund Regular IDCW Quarterly
ITI Dynamic Bond Fund Direct IDCW Quarterly
ITI Dynamic Bond Fund Regular IDCW Half Yearly
ITI Dynamic Bond Fund Regular IDCW Yearly
ITI Dynamic Bond Fund Direct IDCW Half Yearly
ITI Dynamic Bond Fund Direct Growth
ITI Dynamic Bond Fund Direct IDCW Yearly
ITI Conservative Hybrid Fund Regular Growth
ITI Conservative Hybrid Fund Regular IDCW Quarterly
ITI Conservative Hybrid Fund Regular IDCW Half Yearly
ITI Conservative Hybrid Fund Regular IDCW Yearly
ITI Conservative Hybrid Fund Direct IDCW Quarterly
ITI Conservative Hybrid Fund Direct IDCW Yearly
ITI Conservative Hybrid Fund Direct Growth
ITI Conservative Hybrid Fund Direct IDCW Half Yearly
Rohan Korde
Dec 2022 - Present
View details
Education
Mr. Korde is a Masters in Management Studies (Finance), Bachelor of Commerce
Experience
Prior to joining Asset Management Limited, he has worked with BOB Capital Markets as Vice President Research, Prabhudas Lilladher as Vice President Research and Anand Rathi Share & Stock Brokers as Vice President Research.
Also manages these schemes
ITI Multi Cap Fund Direct Growth
ITI Multi Cap Fund Regular Growth
ITI Multi Cap Fund Regular IDCW
ITI Multi Cap Fund Direct IDCW
ITI Long Term Equity Fund Direct Growth
ITI Long Term Equity Fund Direct IDCW
ITI Long Term Equity Fund Regular IDCW
ITI Long Term Equity Fund Regular Growth
ITI Arbitrage Fund Direct IDCW
ITI Arbitrage Fund Regular IDCW
ITI Arbitrage Fund Direct Growth
ITI Arbitrage Fund Regular Growth
ITI Balanced Advantage Fund Regular IDCW
ITI Balanced Advantage Fund Regular Growth
ITI Balanced Advantage Fund Direct IDCW
ITI Balanced Advantage Fund Direct Growth
ITI Small Cap Fund Regular IDCW
ITI Small Cap Fund Direct Growth
ITI Small Cap Fund Regular Growth
ITI Large Cap Fund Regular Growth
ITI Large Cap Fund Direct IDCW
ITI Large Cap Fund Direct Growth
ITI Large Cap Fund Regular IDCW
ITI Mid Cap Fund Direct IDCW
ITI Mid Cap Fund Regular Growth
ITI Mid Cap Fund Direct Growth
ITI Mid Cap Fund Regular IDCW
ITI Value Fund Direct IDCW
ITI Value Fund Regular IDCW
ITI Value Fund Direct Growth
ITI Value Fund Regular Growth
ITI Pharma and Healthcare Fund Direct Growth
ITI Pharma and Healthcare Fund Regular IDCW
ITI Pharma and Healthcare Fund Regular Growth
ITI Pharma and Healthcare Fund Direct IDCW
ITI Banking and Financial Services Fund Direct Growth
ITI Banking and Financial Services Fund Direct IDCW
ITI Banking and Financial Services Fund Regular IDCW
ITI Banking and Financial Services Fund Regular Growth
ITI Conservative Hybrid Fund Regular Growth
ITI Conservative Hybrid Fund Regular IDCW Quarterly
ITI Conservative Hybrid Fund Regular IDCW Half Yearly
ITI Conservative Hybrid Fund Regular IDCW Yearly
ITI Conservative Hybrid Fund Direct IDCW Quarterly
ITI Conservative Hybrid Fund Direct IDCW Yearly
ITI Conservative Hybrid Fund Direct Growth
ITI Conservative Hybrid Fund Direct IDCW Half Yearly
Tanay Gabhawala
Oct 2022 - Present
View details
Education
Mr. Gabhawala has done CA, CFA.
Experience
Prior to Joining ITI Mutual Fund, he has worked with CLSA India and Emkay Global Financial Services Ltd..
Also manages these schemes
ITI Multi Cap Fund Direct Growth
ITI Multi Cap Fund Regular Growth
ITI Multi Cap Fund Regular IDCW
ITI Multi Cap Fund Direct IDCW
ITI Balanced Advantage Fund Regular IDCW
ITI Balanced Advantage Fund Regular Growth
ITI Balanced Advantage Fund Direct IDCW
ITI Balanced Advantage Fund Direct Growth
ITI Small Cap Fund Direct IDCW
ITI Small Cap Fund Regular IDCW
ITI Small Cap Fund Direct Growth
ITI Small Cap Fund Regular Growth
ITI Large Cap Fund Regular Growth
ITI Large Cap Fund Direct IDCW
ITI Large Cap Fund Direct Growth
ITI Large Cap Fund Regular IDCW
ITI Mid Cap Fund Direct IDCW
ITI Mid Cap Fund Regular Growth
ITI Mid Cap Fund Direct Growth
ITI Mid Cap Fund Regular IDCW
ITI Value Fund Direct IDCW
ITI Value Fund Regular IDCW
ITI Value Fund Direct Growth
ITI Value Fund Regular Growth
ITI Pharma and Healthcare Fund Direct Growth
ITI Pharma and Healthcare Fund Regular IDCW
ITI Pharma and Healthcare Fund Regular Growth
ITI Pharma and Healthcare Fund Direct IDCW
ITI Banking and Financial Services Fund Direct Growth
ITI Banking and Financial Services Fund Direct IDCW
ITI Banking and Financial Services Fund Regular IDCW
ITI Banking and Financial Services Fund Regular Growth
Fund house & investment objective
ITI Mutual Fund
Rank (total assets)NA
Total AUM₹2,701.12Cr
Date of Incorporation14 May 2018
 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 14 May 2018. 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 ₹2,701 Cr and the Latest NAV as of 20 Mar 2023 is ₹11.06.
The ITI Balanced Advantage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. For units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
;
Investment ObjectiveThe 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.
;
Fund benchmarkNIFTY 50 Hybrid Composite debt 50:50 Index
Scheme Information Document(SID)
Fund house contact details
Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
1800-266-9603 / 022-66214999
Launch Date
14 May 2018
E-mail
[email protected]
Website
NA
ITI Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
ITI Balanced Advantage Fund Direct Growth
VS
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	6M	1Y	3Y	All
Fund returns	NA	-1.6%	12.2%	3.2%
Category average	NA	1.9%	14.7%	NA
Rank with in category	NA	26	21	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	7.0%
Reliance Industries Ltd.	Energy	Equity	6.2%
Maruti Suzuki India Ltd.	Automobile	Equity	5.7%
Reserve Bank of India	Financial	T-Bills	5.5%
Reserve Bank of India	Financial	T-Bills	5.4%
Housing Development Finance Corporation Ltd.	Financial	CP	5.1%
Tata Consultancy Services Ltd.	Technology	Equity	5.0%
HDFC Bank Ltd.	Financial	Equity	4.4%
ICICI Bank Ltd.	Financial	Equity	3.7%
National Bank For Agriculture & Rural Development	Financial	Debenture	3.0%

Rank (total assets)	NA
Total AUM	₹2,701.12Cr

Date of Incorporation	14 May 2018

Fund benchmark	NIFTY 50 Hybrid Composite debt 50:50 Index

Vaishnavi Tech Park, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	NA
Fund size	₹452.55Cr

ITI Balanced Advantage Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (59)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.35%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Dhimant ShahAug 2022 - PresentView details

Vikrant MehtaFeb 2022 - PresentView details

Rohan KordeDec 2022 - PresentView details

Tanay GabhawalaOct 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Dhimant Shah
Aug 2022 - Present
View details

Vikrant Mehta
Feb 2022 - Present
View details

Rohan Korde
Dec 2022 - Present
View details

Tanay Gabhawala
Oct 2022 - Present
View details