ITI Balanced Advantage Fund - Growth - Direct Plan

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  • Net Change on 12-07-2024

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Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

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
NIFTY 50 - TRI N/A N/A N/A N/A N/A N/A
NIFTY 50 Hybrid Composite Debt 50:50 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.)
ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth Jan 01, 2013 23.40 14.64 14.51 0.85 58,562.19
Kotak Balanced Advantage Fund - Direct Plan -Growth Option Aug 03, 2018 Unrated 22.80 13.70 14.34 0.51 16,344.51
Tata Balanced Advantage Fund-Direct Plan-Growth Jan 28, 2019 23.79 15.04 15.62 0.36 9,464.82
Nippon India Balanced Advantage Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 27.15 14.74 14.49 0.56 8,285.66
Baroda BNP Paribas Balanced Advantage Fund-Direct Plan-Growth Option Nov 14, 2018 27.18 16.60 18.35 0.70 3,967.36

Fund Holdings as on 30-June-2024

  • TREPS 01-Jul-2024

  • Reliance Industries Limited

  • HDFC Bank Limited

  • Net Receivables / (Payables)

  • 6.89% Government of India (16/01/2025)

  • Infosys Limited

  • Bharti Airtel Limited

  • NTPC Limited

  • Axis Bank Limited

  • ICICI Bank Limited

  • Punjab National Bank (06/08/2024)

  • 364 Days Tbill (MD 05/12/2024)

  • ICICI Bank Limited (18/09/2024)

  • Sun Pharmaceutical Industries Limited

  • State Bank of India

  • Titan Company Limited

  • Siemens Limited

  • Tata Consultancy Services Limited

  • 7.37% Power Finance Corporation Limited (22/05/2026)

  • SBI Life Insurance Company Limited

  • Mahindra & Mahindra Limited

  • ICICI Lombard General Insurance Company Limited

  • Zomato Limited

  • Mankind Pharma Limited

  • L&T Finance Limited (26/09/2024)

  • ABB India Limited

  • IndusInd Bank Limited

  • National Housing Bank (28/08/2024)

  • Concord Biotech Limited

  • PB Fintech Limited

  • Adani Enterprises Limited

  • REC Limited

  • Home First Finance Company India Limited

  • ICICI Securities Limited

  • Tata Steel Limited

  • HCL Technologies Limited

  • Hindalco Industries Limited

  • 7.99% HDFC Bank Limited (11/07/2024)

  • Cummins India Limited

  • Tata Motors Limited

  • Ambuja Cements Limited

  • Tata Consumer Products Limited

  • Apollo Hospitals Enterprise Limited

  • Bharat Bijlee Limited

  • Larsen & Toubro Limited

  • NTPC Limited (20/09/2024)

  • Kotak Mahindra Bank Limited (27/09/2024)

  • DLF Limited

  • ITC Limited

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Refineries

  • Pharmaceuticals & Drugs

  • Electric Equipment

  • Insurance

  • Power Generation/Distribution

  • Bank - Public

  • Diamond & Jewellery

  • Automobiles - Passenger Cars

  • e-Commerce

  • Fintech

  • Trading

  • Finance Term Lending

  • Finance - Housing

  • Finance - Stock Broking

  • Steel & Iron Products

  • Metal - Non Ferrous

  • Diesel Engines

  • Automobiles-Trucks/Lcv

  • Cement & Construction Materials

  • Tea/Coffee

  • Hospital & Healthcare Services

  • Engineering - Construction

  • Construction - Real Estate

  • Cigarettes/Tobacco

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Fund Manager

  • Education:CFA, AIMR, Associate of Cost and Management Accounting, B.Com
  • Experience:31
  • Basic Details:Mr. Bhatia joined ITI Asset Management Limited in December 2022 and has over 31 years of work experience in capital market. Prior to joining ITI AMC, he was Managing Director and CIO of ITI Long Short Equity Fund (AIF) from June 2017 to December 2022. He was also associated with SIMTO Investments as CIO from September 2013 to June 2017.
  • Funds Managed:
  • ITI Balanced Advantage Fund
  • ITI Large Cap Fund
  • ITI Balanced Advantage Fund
  • ITI Large Cap Fund
  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • Equity

  • ICRA A1+

  • Rights

  • Sovereign

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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 ₹369.59 crore. ITI Balanced Advantage Fund is benchmarked against NIFTY 50 - TRI as primary index and NIFTY 50 Hybrid Composite Debt 50:50 Index as secondary index.

The NAV of ITI Balanced Advantage Fund ended up ₹0.06(0.4%)yesterday to ₹15.331.

Among its top 3 holdings the fund has exposure to TREPS 01-Jul-2024, and

The ITI Balanced Advantage Fund is managed by Vikrant Mehta and Vishal Jajoo.

Fund House Contact

ITI House, 36, R K Shirodkar Marg, Parel Mumbai - 400 012

022-66214999
mfassist@itiorg.com
www.itiamc.com