ITI Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Moderately High Risk
14.84%
3Y annualised
+0.21% 1D
1M
6M
1Y
3Y
All
NAV: 23 Feb 2024₹14.46
Min. SIP amount₹500
Rating3
Fund size₹327.05Cr

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 returnsNA28.6%14.8%9.3%
Category averageNA23.7%12.1%NA
Rank with in categoryNA75NA
Understand terms

Holdings (67)

NameSectorInstrumentAssets
EnergyEquity5.78%
FinancialEquity5.31%
TechnologyEquity4.64%
SovereignGOI Sec4.58%
EnergyEquity3.13%
Reserve Bank of India
FinancialT-Bills2.88%
TechnologyEquity2.87%
ServicesEquity2.85%
Punjab National Bank
FinancialFutures2.78%
CommunicationPPE2.78%
See All

Expense ratio, exit load and tax

Expense ratio: 0.60%

Inclusive of GST

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

Returns 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 amounts

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

Fund management

Vishal Jajoo
Sep 2023 - Present
View details

Education
Mr. Jajoo is a Chartered Accountant, PGDM (Finance) and MBA (Investments)
Experience
Prior to joining ITI Mutual Fund, he has worked with Tata Investment Corporation Ltd
Also manages these schemes

Rajesh Bhatia
Sep 2023 - Present
View details

Education
Mr. Bhatia has done B.Com, ACMA and CFA
Experience
Prior to joining ITI Mutual Fund, he was associated with The Investment Trust Of India Ltd, Simto Investment Company Ltd, ProAlpha Systematic Capital, Heritage India Advisors Ltd and Reliance Capital Asset Management 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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