PG
Pradeep GokhaleFund Manager Since 31 Dec 2019
AllocationDynamic Asset Allocation
ITI Balanced Advantage Fund Direct Growth
3Y Annualised
14.28%
0.08% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
3.05%
0.08% 1D
Benchmark
Nifty 50 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
5 years 2 months
NIFTY 50
4 years 4 months
FD
9 years 7 months
Fund info
Fund size
₹390.85 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹5000
Exit load
0.01%
10% of the units allotted may be redeemed without any exit load, on or before completion of 3 months from the date of allotment of units. Any redemption in excess of such limit in the first 3 months from the date of allotment shall be subject to the following exit load- 1% if redeemed or switched out on or before completion of 3 months from the date of allotment of units, Nil, if redeemed or switched out after completion of 3 months from the date of allotment of unit
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Quant Dynamic Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl
6.81%
2nd
Quant Dynamic Asset Allocation Fund Direct Reinvestment Inc Dist cum Cap Wdrl
6.81%
3rd
Quant Dynamic Asset Allocation Fund Regular Reinvestment Inc Dist cum Cap Wdrl
6.68%
4th
Quant Dynamic Asset Allocation Fund Regular Payout Inc Dist cum Cap Wdrl
6.68%
5th
Quant Dynamic Asset Allocation Fund Direct Growth
5.47%
178th
ITI Balanced Advantage Fund Direct Growth
3.05%
Fund Managers
VM
Vikrant MehtaFund Manager Since 10 Feb 2022
RK
Rohan KordeFund Manager Since 29 Apr 2022
About ITI Balanced Advantage Fund Direct Growth
ITI Balanced Advantage Fund Direct Growth is a Allocation mutual fund scheme from ITI Asset Management Limited. This fund has been in existence for 5 years, having been launched on 2019-12-31. ITI Balanced Advantage Fund Direct Growth has ₹390.85 Cr worth of assets under management (AUM) as of Tue May 20 2025. The latest Net Asset Value (NAV) of ITI Balanced Advantage Fund Direct Growth as of Mon May 19 2025 is ₹15.8077. The fund has an expense ratio of 0.63%, which is medium comparable to most other Allocation funds.
ITI Balanced Advantage Fund Direct Growth returns for the last 1 year are 8.33%. Since launch, it has delivered 8.89% average annual returns.
The ITI Balanced Advantage Fund Direct Growth has the majority of its money invested in Financial Services, Energy, null, Technology, Communication Services, Healthcare sectors.
Top 5 Holdings of ITI Balanced Advantage Fund Direct Growth.
- HDFC Bank Ltd: 6.59%
- Reliance Industries Ltd: 4.74%
- ICICI Bank Ltd: 4.22%
- Nifty: 4.08%
- Bank Nifty Index: 3.99%
AMC Information
| Name | ITI Asset Management Limited |
|---|---|
| Founding Date | 2019-12-31 |
| mfassist@itiorg.com | |
| Phone | 022-66214999 |
| Website | www.itimf.com |
| Address | Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road |
Tax Implications of ITI Balanced Advantage Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
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expense ratio
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ITI Liquid Fund Regular Growth
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ITI Liquid Fund Direct Growth
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ITI Multi Cap Fund Direct Growth
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expense ratio
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FAQs
What is the current NAV of ITI Balanced Advantage Fund Direct Growth?
What are the average returns of ITI Balanced Advantage Fund Direct Growth?
How do I invest in ITI Balanced Advantage Fund Direct Growth?
What is the expense ratio of ITI Balanced Advantage Fund Direct Growth?
What are net assets under management (AUM) of ITI Balanced Advantage Fund Direct Growth?
What is the PE and PB ratio of ITI Balanced Advantage Fund Direct Growth?
What are the top 5 holdings of ITI Balanced Advantage Fund Direct Growth?
What are the top 3 sectors that ITI Balanced Advantage Fund Direct Growth has invested in?
Who is the manager of ITI Balanced Advantage Fund Direct Growth?
What is the exit load of ITI Balanced Advantage Fund Direct Growth?
How to Redeem ITI Balanced Advantage Fund Direct Growth?
Can I invest in SIP and a Lump Sum of ITI Balanced Advantage Fund Direct Growth?
