ITI Balanced Advantage Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 25.86 | 12.61 | N/A | N/A |
Average Rolling Returns(%) | 11.34 | 9.62 | N/A | N/A |
The Current NAV of ITI Balanced Advantage Fund - Growth - Direct Plan is ₹14.66.
It is better to invest in a fund with a longer track record as ITI Balanced Advantage Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.
ITI Balanced Advantage Fund - Growth - Direct Plan fund’s expense ratio is 0.62%
The process for redemption is
The AUM of ITI Balanced Advantage Fund - Growth - Direct Plan is currently ₹353 Crores.
The Top three stocks are Reliance Industries, HDFC Bank and Zomato and account for 14% of its portfolio. Top 5 and 10 stocks of fund account for 21% and 34% of fund’s portfolio respectively.
Top three sectors of ITI Balanced Advantage Fund - Growth - Direct Plan fund are Miscellaneous, BFSI and Others accounting for 60% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of ITI Balanced Advantage Fund - Growth - Direct Plan Fund is Hybrid - Balanced Advantage.
Rajesh Bhatia and Vishal Jajoo manage the ITI Balanced Advantage Fund - Growth - Direct Plan Fund.
ITI Balanced Advantage Fund - Growth - Direct Plan current PE ratio is 35.02 and PB ratio is 6.70
The asset allocation of ITI Balanced Advantage Fund - Growth - Direct Plan is Stocks : 65.22%, Debt : 34.77% and Gold : 0%
The minimum SIP amount for ITI Balanced Advantage Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00
The exit load for ITI Balanced Advantage Fund - Growth - Direct Plan is Nil upto 10% of units and 1% for remaining units on or before 3 months, Nil after 3 months