ITI Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Moderately High Risk
10.52%
3Y annualised
+0.20% 1D
1M
6M
1Y
3Y
All
NAV: 21 Nov 2024₹15.40
Min. SIP amount₹500
Rating2
Fund size₹390.72Cr

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
6M1Y3YAll
Fund returnsNA20.9%10.5%9.2%
Category averageNA18.5%10.7%NA
Rank with in categoryNA920NA
Understand terms

Peer Comparison

Holdings (63)

NameSectorInstrumentAssets
FinancialEquity7.01%
EnergyEquity4.60%
Punjab National Bank
FinancialCD4.55%
TechnologyEquity4.20%
HDFC Bank Ltd.
FinancialCD4.03%
SovereignGOI Sec3.93%
EnergyEquity3.45%
CommunicationEquity2.89%
FinancialEquity2.82%
ChemicalsEquity2.78%
HealthcareEquity2.75%
Axis Bank Ltd.
FinancialCD2.60%
Reserve Bank of India
FinancialT-Bills2.60%
FinancialEquity2.53%
Consumer StaplesEquity2.36%
National Bank For Agriculture & Rural Development
FinancialDebenture2.09%
FinancialEquity2.00%
TechnologyEquity1.98%
Small Industries Devp. Bank of India Ltd.
FinancialCD1.88%
Consumer DiscretionaryEquity1.86%
ServicesEquity1.86%
InsuranceEquity1.84%
Capital GoodsEquity1.69%
InsuranceEquity1.63%
AutomobileEquity1.59%
ConstructionEquity1.38%
Canara Bank
FinancialCD1.37%
ServicesEquity1.35%
State Bank of India
FinancialCD1.30%
InsuranceEquity1.19%
Capital GoodsEquity1.09%
FinancialEquity1.09%
TechnologyEquity1.07%
EnergyEquity1.00%
ServicesEquity1.00%
ConstructionEquity0.99%
FinancialEquity0.97%
CommunicationPPE0.87%
Metals & MiningEquity0.83%
Metals & MiningEquity0.81%
Reserve Bank of India
FinancialT-Bills0.78%
Reserve Bank of India
FinancialT-Bills0.77%
FinancialNCD0.65%
Kotak Mahindra Bank Ltd.
FinancialCD0.65%
Capital GoodsEquity0.55%
HealthcareEquity0.53%
AutomobileEquity0.47%
Consumer StaplesEquity0.46%
ConstructionEquity0.35%
DLF Ltd.
ConstructionFutures-0.36%
Tata Motors Ltd.
AutomobileFutures-0.47%
Tata Steel Ltd.
Metals & MiningFutures-0.80%
Hindalco Industries Ltd.
Metals & MiningFutures-0.84%
Bajaj Finance Ltd.
FinancialFutures-0.98%
Power Grid Corporation Of India Ltd.
EnergyFutures-0.99%
Ultratech Cement Ltd.
ConstructionFutures-0.99%
Adani Enterprises Ltd.
ServicesFutures-1.00%
Infosys Ltd.
TechnologyFutures-1.39%
Titan Company Ltd.
Consumer DiscretionaryFutures-1.87%
Tata Consultancy Services Ltd.
TechnologyFutures-1.99%
State Bank of India
FinancialFutures-2.01%
ITC Ltd.
Consumer StaplesFutures-2.37%
Reliance Industries Ltd.
EnergyFutures-2.89%
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
1Y annualised returns higher than category average by 2.39%
Higher alpha: 1.43 The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index - in the last 3Y

Cons

3Y annualised returns lower than category average by 0.16%
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

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

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 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,

Compare funds

ITI Balanced Advantage Fund Direct Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.5.5
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ