ITI Balanced Advantage Fund - Dividend - Direct Plan

₹8.907 0.05 %Nav, as on 20-11-2020
Previous Nav
₹ 8.9027
Net Change on 20-11-2020
₹0
PersonalFN Rating
Unrated
Category
Hybrid - Balanced Advantage
Assets (Cr.)
₹ 199.20
Expense Ratio
0.43%
(As on Oct 31, 2020)

Fund Overview Dividend | Direct Plan

Fund House
ITI Mutual Fund
Launch Date
31-Dec-2019
Benchmark
CRISIL Hybrid 50+50 - Moderate Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil upto 10% of units and 1% for Excess units on or before 12M, Nil after 12M
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
1,000
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
6.86
52 Week Low Nav Date
23-Mar-2020
52 Week High Nav (₹)
10.33
52 Week High Nav Date
24-Jan-2020

Fund Objective

The investment objective of the Scheme is to seek 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. However, there can be no assurance that the investment objective of the scheme will be realized.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
CRISIL Hybrid 50+50 - Moderate Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HDFC Balance Advantage Fund -Direct Plan - Dividend Option	Dec 31, 2012	Unrated	-1.43	1.98	8.96	1.09	34,716.21
ICICI Prudential Balanced Advantage Fund - Direct Plan - Dividend	Jan 07, 2013		9.09	7.85	10.22	1.17	26,122.94
ICICI Prudential Balanced Advantage Fund - Direct Plan - Monthly Dividend	Apr 02, 2013		8.87	7.74	10.13	1.17	26,122.94
ICICI Prudential Balanced Advantage Fund - Direct Plan - Quarterly Dividend	Sep 24, 2014		9.05	8.20	10.41	1.17	26,122.94
Nippon India Balanced Advantage Fund - Direct Plan Dividend Plan	Jan 01, 2013	Unrated	6.90	6.10	9.60	0.67	2,779.10

Fund Holdings as on 31-October-2020

Company % Assets
6.95% Reliance Industries Limited (15/03/2023)
10.51
6.95% Housing Development Finance Corporation Limited (27/04/2023)
10.48
Reliance Industries Limited
7.25
2.75% HDFC Bank Limited (11/11/2020)
5.51
HDFC Bank Limited
4.84
Infosys Limited
4.04
Net Receivables / (Payables)
3.76
Housing Development Finance Corporation Limited
3.08
6.25% State Bank of India (29/12/2020)
3.00
ICICI Bank Limited
2.92
Hindustan Unilever Limited
2.88
Kotak Mahindra Bank Limited
2.73
Tata Consultancy Services Limited
2.72
TREPS 02-Nov-2020
1.78
ITC Limited
1.54
Larsen & Toubro Limited
1.48
HCL Technologies Limited
1.39
Johnson Controls - Hitachi Air Conditioning India Limited
1.13
NTPC Limited
1.12
Lupin Limited
0.93
Maruti Suzuki India Limited
0.92
Asian Paints Limited
0.92
Bajaj Auto Limited
0.78
Divi's Laboratories Limited
0.77
State Bank of India
0.74
Bharti Airtel Limited
0.72
Shree Cement Limited
0.72
Tata Motors Limited
0.72
HDFC Life Insurance Company Limited
0.66
CEAT Limited
0.60
Mahindra & Mahindra Limited
0.59
Havells India Limited
0.58
City Union Bank Limited
0.57
Oracle Financial Services Software Limited
0.56
Aavas Financiers Limited
0.54
Advanced Enzyme Technologies Limited
0.52
Whirlpool of India Limited
0.52
V-Guard Industries Limited
0.51
Nippon Life India Asset Management Limited
0.51
Tata Steel Limited
0.51
Muthoot Finance Limited
0.51
Max Financial Services Limited
0.51
Hindustan Petroleum Corporation Limited
0.51
Bayer Cropscience Limited
0.50
AIA Engineering Limited
0.50
Bharat Forge Limited
0.50
Orient Electric Limited
0.50
Coal India Limited
0.50
ICICI Prudential Life Insurance Company Limited
0.50
Castrol India Limited
0.49
Torrent Power Limited
0.49
Gujarat State Petronet Limited
0.48
Aditya Birla Fashion and Retail Limited
0.48
UltraTech Cement Limited
0.48
Atul Limited
0.47
Cochin Shipyard Limited
0.47
Bharat Electronics Limited
0.47
Cyient Limited
0.46
Tata Metaliks Limited
0.45
Titan Company Limited
0.44
GAIL (India) Limited
0.42
Dr. Reddy's Laboratories Limited
0.37
Alembic Pharmaceuticals Limited
0.37
Bajaj Finserv Limited
0.35
Indraprastha Gas Limited
0.35
NMDC Limited
0.34
MRF Limited
0.34
ICICI Lombard General Insurance Company Limited
0.29
Jtekt India Limited
0.25
Thomas Cook (India) Limited
0.25
Motherson Sumi Systems Limited
0.24
Westlife Development Limited
0.24
RITES Limited
0.23
Hindustan Aeronautics Limited
0.21

Sector Holding%
Miscellaneous
20.98
Bank - Private
11.07
IT - Software
9.17
Refineries
7.75
Finance - Housing
3.62
Household & Personal Products
3.38
Pharmaceuticals & Drugs
2.96
Power Generation/Distribution
1.62
Cigarettes/Tobacco
1.54
Automobiles - Passenger Cars
1.52
Engineering - Construction
1.48
Insurance
1.45
Cement & Construction Materials
1.20
Air Conditioners
1.13
Electric Equipment
1.09
Engineering - Industrial Equipments
0.97
Tyres & Allied
0.94
Paints
0.92
Mining & Minerals
0.84
Automobile Two & Three Wheelers
0.78
Industrial Gases & Fuels
0.77
Finance - Others
0.74
Bank - Public
0.74
Telecommunication - Service Provider
0.72
Consumer Durables - Domestic Appliances
0.52
Finance - Asset Management
0.51
Finance - NBFC
0.51
Steel & Iron Products
0.51
Forgings
0.50
Pesticides & Agrochemicals
0.50
Lubricants
0.49
Auto Ancillary
0.49
Gas Transmission/Marketing
0.48
Retailing
0.48
Ship Building
0.47
Chemicals
0.47
Steel/Sponge Iron/Pig Iron
0.45
Diamond & Jewellery
0.44
Finance - Investment
0.35
Travel Services
0.25
Engineering
0.23
Airlines
0.21

Fund Manager

Pradeep Gokhale

Education:B.Com, CA, CFA
Experience: 25 years
Basic Details:He is in Tata Asset Management Ltd From September 2004 to date, joined as Deputy General Manager of Investment. Currently as Head of Research / Fund Manager & Reporting to the Co-Head Equities.
Funds Managed:
ITI Balanced Advantage Fund
ITI Long Term Equity Fund
ITI Long Term Equity Fund
ITI Multi-Cap Fund
ITI Multi-Cap Fund
ITI Small Cap Fund

George Heber Joseph

Holding Type Holding %
Cash
5.54
CRISIL AAA
20.99
Deposits
8.51
Equity
64.25
Rights
0.72

About ITI Balanced Advantage Fund

Scheme Analysis

ITI Balanced Advantage Fund is a Hybrid - Balanced Advantage fund and belongs to ITI Mutual Fund. It was launched on 31-Dec-2019 and currently has an AUM of ₹199.20 crore. ITI Balanced Advantage Fund is benchmarked against CRISIL Hybrid 50+50 - Moderate Index as primary index.

The NAV of ITI Balanced Advantage Fund ended up ₹0(0.05%)yesterday to ₹8.907.

Among its top 3 holdings the fund has exposure to 6.95% Reliance Industries Limited (15/03/2023), and

The ITI Balanced Advantage Fund is managed by Pradeep Gokhale and George Heber Joseph.

Fund House Contact

Address:

Naman Midtown, A - Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road Mumbai - 400 013

Phone Number: 022-66214999

Email Address: mfassist@itiorg.com

Fax Number:

Website: http://www.itimf.com/

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