ITI Balanced Advantage Fund Direct Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV as on 05-03-2025
₹ 14.9
1D
Inception Returns
7.9%
/yr
About ITI Balanced Advantage Fund Direct Growth
ITI Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 31 December, 2019. The fund is managed by . This fund gives you the benefit of diversification.
Key Parameters
- ITI Balanced Advantage Fund Direct Growth has ₹378 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
ITI Balanced Advantage Fund Direct Growth has given a CAGR return of 7.92% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 2.13%, 10.27% and 8.56% respectively.
Holdings
ITI Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Government, Consumer Cyclical, Energy, Basic Materials, Industrial, Communication, Health, Corporate, Consumer Defensive, Utilities, Real Estate.
Taxation
As it is a dynamic asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of ITI Balanced Advantage Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. ITI Balanced Advantage Fund Direct Growth has no lock in period.
Historical NAV & Returns
ITI Balanced Advantage Fund Direct Growth Overview
| Expense ratio | 0.51% |
Benchmark | null |
| AUM | ₹378 Cr |
| Inception Date | 31 December, 2019 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 686.44% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Moderately High risk |
Trailing Returns
as on (05-Mar-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 378.3 Cr as of Jan'25
- AUM decreased by 10 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Financial Services, Tech & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.93% | 0% | |
 Infosys Ltd | 4.54% | 0% | |
 Reliance Industries Ltd | 4.41% | 0% | |
 Bharti Airtel Ltd | 2.94% | 0% | |
 ICICI Bank Ltd | 2.76% | 0% |
Mutual Fund Insights
ITI Balanced Advantage Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹378 Cr
Expense Ratio 0.51%
Frequently Asked Questions for ITI Balanced Advantage Fund Direct Growth
ITI Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.15% | -3.15% |
6 Month Returns | -5.09% | -5.09% |
1 Year Returns | 2.13% | 2.13% |
3 Years Returns | 34.07% | 10.27% |
5 Years Returns | 50.79% | 8.56% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |