Overview
ITI Balanced Advantage Fund Direct Growth
ITI Mutual Fund
The Scheme seeks 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.
Investments in ITI Balanced Advantage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 15.5344
Fund Size (AUM)
₹382.77 Cr
Risk
Moderately High (Risk rating: 4/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹500
Launch Date
31-Dec-2019
Expense Ratio
0.63%
Exit Load
Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months.
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Standard Deviation
7.67
History
Performance & Ratios
1-Year SIP Return
-5.06%
3-Year SIP Return
10.96%
5-Year SIP Return
11.39%
Mean Return
-
Alpha
1.33
Beta
0.66
Sharpe Ratio
0.61
Sortino Ratio
1.25
Information Ratio
-0.09
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.29% | 12.29% | 14.0% | -3.38% |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 28 | 18 | 20 | N/A |
Holdings (71)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.37% |
| Reliance Industries Ltd. | Energy | Equity | 4.39% |
| ICICI Bank Ltd. | Financial | Equity | 4.07% |
| GOI | Sovereign | GOI Sec | 3.91% |
| Infosys Ltd. | Technology | Equity | 3.75% |
| Bharti Airtel Ltd. | Communication | Equity | 3.1% |
| Garware Hi-Tech Films Ltd. | Chemicals | Equity | 2.68% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 2.57% |
| Bajaj Finance Ltd. | Financial | Equity | 2.55% |
| Power Finance Corporation Ltd. | Financial | Futures | 2.5% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct Growth | 94824.34 | 10.74 | 19.79 | 0.88 | N/A |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4073.23 | 9.95 | 14.24 | 0.77 | N/A |
| SBI Balanced Advantage Fund Direct Growth | 34015.41 | 9.04 | 13.96 | 0.71 | N/A |
| ICICI Prudential Balanced Advantage Direct Growth | 60591.13 | 11.47 | 13.24 | 0.92 | N/A |
| Tata Balanced Advantage Fund Direct Growth | 10075.2 | 7.56 | 12.03 | 0.36 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 7, 14, 21, 28
Min Amount: ₹ 1000
Min Installments: 2
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 7, 14, 21, 28
Min Amount: ₹ 1000
Min Installments: 2
AMC Details
Asset Management Company
ITI Mutual Fund
None ITI Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Launch Date
2018-05-14T00:00:00.186Z
Total AUM
₹ 9273.61 Cr
Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
022-66214999
Website
Sub Type
None
Sub Type Info
None
Tax Impact
None
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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ITI Balanced Advantage Fund Direct Growth
ITI Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for ITI Balanced Advantage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of ITI Balanced Advantage Fund Direct Growth?
The top stocks held by ITI Balanced Advantage Fund Direct Growth include HDFC Bank Ltd., Reliance Industries Ltd., ICICI Bank Ltd..
Which industries does ITI Balanced Advantage Fund Direct Growth invest in?
ITI Balanced Advantage Fund Direct Growth primarily invests in the following industries: Financial, Energy, Sovereign.
Who is the fund manager of ITI Balanced Advantage Fund Direct Growth?
The fund manager of ITI Balanced Advantage Fund Direct Growth is Vasav Sahgal.
How many years has the fund manager been managing ITI Balanced Advantage Fund Direct Growth?
Vasav Sahgal: Calculating...
What is the minimum investment for ITI Balanced Advantage Fund Direct Growth?
The minimum investment for ITI Balanced Advantage Fund Direct Growth is ₹5000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for ITI Balanced Advantage Fund Direct Growth?
Calculating...
What are the average 3-year returns for ITI Balanced Advantage Fund Direct Growth?
Calculating...
What is the expense ratio of ITI Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of ITI Balanced Advantage Fund Direct Growth is 0.63%. The average expense ratio for similar funds in the Hybrid is Calculating....