ITI Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Moderately High Risk
10.21%
3Y annualised
-0.25% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 07 Feb 2025₹15.30
Min. SIP amount₹500
Rating2
Fund size₹388.33Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.8%10.2%8.2%8.7%
Category average8.0%10.8%11.6%NA
Rank with in category242322NA
Understand terms

Peer Comparison

Hybrid, Dynamic Asset Allocation fundsRating1Y3YFund Size(Cr)
5
8.8%20.3%95,521.37
4
9.5%13.9%33,201.93
4
11.1%13.7%4,220.83
4
11.2%12.8%60,434.09
4
8.3%12.1%10,217.18

Holdings (66)

NameSectorInstrumentAssets
FinancialEquity7.04%
TechnologyEquity4.42%
EnergyEquity4.13%
SovereignGOI Sec3.86%
ChemicalsEquity3.36%
CommunicationEquity2.80%
HealthcareEquity2.76%
FinancialEquity2.75%
Consumer StaplesEquity2.29%
FinancialEquity2.29%
Union Bank of India
FinancialCD2.17%
ServicesEquity2.10%
National Bank For Agriculture & Rural Development
FinancialDebenture2.06%
TechnologyEquity2.01%
FinancialEquity1.92%
FinancialEquity1.90%
Consumer DiscretionaryEquity1.82%
AutomobileEquity1.72%
ServicesEquity1.65%
Capital GoodsEquity1.55%
InsuranceEquity1.55%
InsuranceEquity1.50%
ConstructionEquity1.35%
Punjab National Bank
FinancialCD1.27%
TechnologyEquity1.15%
FinancialEquity1.05%
FinancialEquity1.04%
Bharat Electronics Ltd.
Capital GoodsFutures1.02%
ABB India Ltd.
Capital GoodsFutures1.01%
InsuranceEquity1.01%
Capital GoodsEquity1.00%
ConstructionEquity1.00%
Can Fin Homes Ltd.
FinancialFutures1.00%
Hindustan Aeronautics Ltd.
Capital GoodsFutures0.99%
EnergyEquity0.94%
ServicesEquity0.94%
EnergyEquity0.91%
LTIMindtree Ltd.
TechnologyFutures0.89%
ServicesEquity0.84%
CommunicationPPE0.83%
Reserve Bank of India
FinancialT-Bills0.77%
Metals & MiningEquity0.74%
Metals & MiningEquity0.72%
Kotak Mahindra Bank Ltd.
FinancialCD0.64%
Canara Bank
FinancialCD0.63%
HealthcareEquity0.54%
Capital GoodsEquity0.52%
TechnologyEquity0.51%
Capital GoodsEquity0.51%
Consumer StaplesEquity0.41%
AutomobileEquity0.41%
ConstructionEquity0.35%
DLF Ltd.
ConstructionFutures-0.35%
Tata Motors Ltd.
AutomobileFutures-0.41%
Hindalco Industries Ltd.
Metals & MiningFutures-0.72%
Tata Steel Ltd.
Metals & MiningFutures-0.73%
Adani Enterprises Ltd.
ServicesFutures-0.85%
Power Grid Corporation Of India Ltd.
EnergyFutures-0.95%
Bajaj Finance Ltd.
FinancialFutures-0.95%
ICICI Lombard General Insurance Company Ltd.
InsuranceFutures-1.50%
SBI Life Insurance Company Ltd.
InsuranceFutures-1.56%
Titan Company Ltd.
Consumer DiscretionaryFutures-1.83%
State Bank of India
FinancialFutures-1.92%
Tata Consultancy Services Ltd.
TechnologyFutures-2.01%
ITC Ltd.
Consumer StaplesFutures-2.29%
Reliance Industries Ltd.
EnergyFutures-2.44%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Lower expense ratio: 0.63%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Higher alpha: 0.78 The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index - in the last 3Y

Cons

Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.63%

Inclusive of GST

Exit load

Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

NA

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Laukik Bagwe
Feb 2025 - Present
View details

Education
Mr. Bagwe is a B.Com (H) and PGDBA (Finance)
Experience
Prior to joining ITI Mutual fund he has worked with DSP Mutual Fund, Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
022-66214999
Launch Date
14 May 2018
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,

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